Light Short Long Term Debt vs Net Invested Capital Analysis

LNW Stock  USD 97.21  1.73  1.81%   
Light Wonder financial indicator trend analysis is infinitely more than just investigating Light Wonder recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Light Wonder is a good investment. Please check the relationship between Light Wonder Short Long Term Debt and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Light Wonder. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Light Stock please use our How to Invest in Light Wonder guide.

Short Long Term Debt vs Net Invested Capital

Short Long Term Debt vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Light Wonder Short Long Term Debt account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Light Wonder's Short Long Term Debt and Net Invested Capital is 0.98. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Light Wonder, assuming nothing else is changed. The correlation between historical values of Light Wonder's Short Long Term Debt and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Light Wonder are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Short Long Term Debt i.e., Light Wonder's Short Long Term Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Light Wonder's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Light Wonder current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Light Wonder. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Light Stock please use our How to Invest in Light Wonder guide.At this time, Light Wonder's Tax Provision is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 4.7 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 9.05 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense478M327M324M177.0M
Depreciation And Amortization398M457M384M216.9M

Light Wonder fundamental ratios Correlations

0.950.770.82-0.610.630.94-0.640.340.990.280.340.840.610.960.820.170.590.960.80.840.90.640.470.590.53
0.950.730.82-0.830.551.0-0.830.310.940.30.310.830.521.00.770.170.611.00.770.820.880.630.370.50.69
0.770.730.95-0.440.20.7-0.490.590.730.60.590.660.590.730.540.290.680.750.850.760.530.790.580.580.19
0.820.820.95-0.540.310.79-0.570.580.780.420.580.820.640.820.70.250.670.830.920.860.620.910.650.670.4
-0.61-0.83-0.44-0.54-0.27-0.840.98-0.13-0.6-0.3-0.13-0.52-0.24-0.81-0.42-0.17-0.51-0.81-0.48-0.52-0.6-0.37-0.03-0.18-0.79
0.630.550.20.31-0.270.59-0.28-0.210.69-0.11-0.210.660.440.570.730.250.140.560.270.640.760.250.430.470.3
0.941.00.70.79-0.840.59-0.830.220.940.290.220.830.491.00.780.170.570.990.720.830.90.620.350.480.68
-0.64-0.83-0.49-0.570.98-0.28-0.83-0.2-0.61-0.39-0.2-0.51-0.34-0.82-0.39-0.28-0.65-0.82-0.53-0.51-0.56-0.36-0.09-0.22-0.78
0.340.310.590.58-0.13-0.210.22-0.20.230.171.00.310.370.30.210.050.560.310.80.210.050.490.340.340.28
0.990.940.730.78-0.60.690.94-0.610.230.260.230.840.570.950.830.150.520.950.720.850.930.60.450.570.5
0.280.30.60.42-0.3-0.110.29-0.390.170.260.17-0.050.250.3-0.20.560.580.310.270.20.00.150.090.08-0.14
0.340.310.590.58-0.13-0.210.22-0.21.00.230.170.310.370.30.210.050.560.310.80.210.050.490.340.340.28
0.840.830.660.82-0.520.660.83-0.510.310.84-0.050.310.570.830.950.120.410.830.780.890.830.840.630.690.57
0.610.520.590.64-0.240.440.49-0.340.370.570.250.370.570.520.50.340.680.540.610.610.360.570.870.930.15
0.961.00.730.82-0.810.571.0-0.820.30.950.30.30.830.520.780.170.61.00.770.830.890.630.370.50.68
0.820.770.540.7-0.420.730.78-0.390.210.83-0.20.210.950.50.78-0.10.260.780.670.870.890.710.580.630.49
0.170.170.290.25-0.170.250.17-0.280.050.150.560.050.120.340.17-0.10.480.180.210.11-0.040.140.230.220.05
0.590.610.680.67-0.510.140.57-0.650.560.520.580.560.410.680.60.260.480.620.720.430.270.450.450.450.42
0.961.00.750.83-0.810.560.99-0.820.310.950.310.310.830.541.00.780.180.620.780.830.880.640.380.510.67
0.80.770.850.92-0.480.270.72-0.530.80.720.270.80.780.610.770.670.210.720.780.70.570.80.570.610.52
0.840.820.760.86-0.520.640.83-0.510.210.850.20.210.890.610.830.870.110.430.830.70.80.820.690.70.37
0.90.880.530.62-0.60.760.9-0.560.050.930.00.050.830.360.890.89-0.040.270.880.570.80.50.30.410.54
0.640.630.790.91-0.370.250.62-0.360.490.60.150.490.840.570.630.710.140.450.640.80.820.50.720.710.34
0.470.370.580.65-0.030.430.35-0.090.340.450.090.340.630.870.370.580.230.450.380.570.690.30.720.94-0.02
0.590.50.580.67-0.180.470.48-0.220.340.570.080.340.690.930.50.630.220.450.510.610.70.410.710.940.12
0.530.690.190.4-0.790.30.68-0.780.280.5-0.140.280.570.150.680.490.050.420.670.520.370.540.34-0.020.12
Click cells to compare fundamentals

Light Wonder Account Relationship Matchups

Light Wonder fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8B8.0B7.9B6.0B5.6B2.9B
Short Long Term Debt Total8.8B9.4B8.7B3.9B3.9B2.6B
Other Current Liab366M435M695M412M389M408.5M
Total Current Liabilities766M833M974M622M696M730.8M
Total Stockholder Equity(2.1B)(2.5B)(2.1B)1.2B765M803.3M
Property Plant And Equipment Net605M509M264M253M288M333.0M
Net Debt8.5B8.4B8.1B3.0B3.4B2.5B
Retained Earnings(3.0B)(3.5B)(3.2B)517M680M714M
Cash313M1.0B585M914M515M540.8M
Non Current Assets Total6.2B5.8B6.2B4.3B4.2B2.3B
Non Currrent Assets Other209M194M1.6B37M40M38M
Cash And Short Term Investments313M1.0B585M914M515M540.8M
Net Receivables755M616M423M455M530M556.5M
Common Stock Shares Outstanding89M91M93M95M98M67.3M
Liabilities And Stockholders Equity7.8B8.0B7.9B6.0B5.6B2.9B
Non Current Liabilities Total9.2B9.7B9.0B4.2B4.1B2.8B
Inventory244M191M98M161M177M185.9M
Other Current Assets303M358M626M117M89M122.4M
Other Stockholder Equity1.1B1.2B1.3B961M367M446.5M
Total Liab9.9B10.5B10.0B4.8B4.8B3.1B
Total Current Assets1.6B2.2B1.7B1.7B1.3B1.4B
Intangible Assets1.8B1.5B1.1B942M763M612.2M
Accounts Payable226M203M204M154M241M253.1M
Accumulated Other Comprehensive Income(292M)(218M)(261M)(318M)(283M)(268.9M)
Current Deferred Revenue129M151M31M32M25M23.8M
Good Will3.3B3.3B2.9B2.9B2.9B1.9B
Other Liab367M352M326M319M287.1M289.0M
Net Tangible Assets(7.3B)(6.6B)(6.2B)(2.1B)(2.4B)(2.5B)
Other Assets221M1.5B1.9B171M196.7M186.8M
Long Term Debt8.7B9.3B8.6B3.9B3.9B5.8B
Net Invested Capital6.5B6.7B6.4B4.9B4.6B4.8B
Non Current Liabilities Other292M260M170M269M180M200.7M
Net Working Capital849M1.3B758M1.1B615M964.9M
Property Plant Equipment605M294M264M204M183.6M306.2M

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