| LPX Stock | | | USD 89.99 0.01 0.01% |
Louisiana Pacific financial indicator trend analysis is infinitely more than just investigating Louisiana Pacific recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Louisiana Pacific is a good investment. Please check the relationship between Louisiana Pacific Total Current Liabilities and its Cash And Short Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Louisiana Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Louisiana Stock please use our
How to Invest in Louisiana Pacific guide.
Total Current Liabilities vs Cash And Short Term Investments
Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Louisiana Pacific Total Current Liabilities account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Louisiana Pacific's Total Current Liabilities and Cash And Short Term Investments is 0.12. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Louisiana Pacific, assuming nothing else is changed. The correlation between historical values of Louisiana Pacific's Total Current Liabilities and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Louisiana Pacific are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Louisiana Pacific's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.12 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Louisiana Pacific balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Louisiana Pacific are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Louisiana Pacific balance sheet. This account contains Louisiana Pacific investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Louisiana Pacific fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Louisiana Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Louisiana Pacific 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 Louisiana Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Louisiana Stock please use our
How to Invest in Louisiana Pacific guide.At this time, Louisiana Pacific's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to rise to about 139.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 190.8
M in 2024.
Louisiana Pacific fundamental ratios Correlations
Click cells to compare fundamentals
Louisiana Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Louisiana Pacific fundamental ratios Accounts
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Additional Tools for Louisiana Stock Analysis
When running Louisiana Pacific's price analysis, check to
measure Louisiana Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Louisiana Pacific is operating at the current time. Most of Louisiana Pacific's value examination focuses on studying past and present price action to
predict the probability of Louisiana Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Louisiana Pacific's price. Additionally, you may evaluate how the addition of Louisiana Pacific to your portfolios can decrease your overall portfolio volatility.