LSI Net Working Capital vs Current Deferred Revenue Analysis

LYTS Stock

USD 14.92 0.15 1.00%

LSI Industries financial indicator trend analysis is infinitely more than just investigating LSI Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LSI Industries is a good investment. Please check the relationship between LSI Industries Net Working Capital and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LSI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy LSI Stock please use our How to Invest in LSI Industries guide.

Net Working Capital vs Current Deferred Revenue

Net Working Capital vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LSI Industries Net Working Capital account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between LSI Industries' Net Working Capital and Current Deferred Revenue is -0.6. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of LSI Industries, assuming nothing else is changed. The correlation between historical values of LSI Industries' Net Working Capital and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of LSI Industries are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Working Capital i.e., LSI Industries' Net Working Capital and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Working Capital

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from LSI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LSI Industries 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 LSI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy LSI Stock please use our How to Invest in LSI Industries guide.At this time, LSI Industries' Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 14.43 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	109.2M	136.9M	157.5M	165.4M
Total Revenue	455.1M	497.0M	571.5M	600.1M

Gross Profit Total Revenue

LSI Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Common Stock Total Equity
Total Assets		0.55	0.81	0.96	0.67	0.2	0.67	0.14	-0.34	0.96	0.47	-0.34	0.96	0.73	0.76	0.8	-0.16	-0.13	0.9	0.86	0.75	-0.26	0.89	0.8	0.88	0.77
Short Long Term Debt Total	0.55		0.06	0.44	0.53	0.52	0.37	0.19	0.11	0.47	0.02	0.11	0.45	0.48	0.51	0.69	-0.35	0.44	0.51	0.32	0.67	0.28	0.33	0.55	0.41	0.46
Other Current Liab	0.81	0.06		0.87	0.46	-0.09	0.4	0.25	-0.3	0.75	0.39	-0.3	0.88	0.49	0.45	0.47	-0.19	-0.5	0.68	0.92	0.49	-0.41	0.76	0.55	0.73	0.5
Total Current Liabilities	0.96	0.44	0.87		0.54	-0.03	0.69	0.02	-0.37	0.93	0.51	-0.37	0.94	0.65	0.78	0.73	-0.16	-0.28	0.93	0.89	0.68	-0.46	0.94	0.83	0.85	0.71
Total Stockholder Equity	0.67	0.53	0.46	0.54		0.55	0.16	0.41	0.08	0.56	0.21	0.08	0.65	0.92	0.25	0.86	-0.12	0.19	0.4	0.54	0.91	0.26	0.37	0.58	0.48	0.84
Property Plant And Equipment Net	0.2	0.52	-0.09	-0.03	0.55		-0.26	0.62	0.44	0.07	-0.15	0.44	0.13	0.31	-0.19	0.25	-0.17	0.46	-0.12	-0.02	0.33	0.83	-0.24	-0.15	0.03	0.19
Net Debt	0.67	0.37	0.4	0.69	0.16	-0.26		-0.47	-0.78	0.81	0.48	-0.78	0.57	0.39	0.97	0.56	0.04	-0.1	0.89	0.46	0.36	-0.57	0.86	0.77	0.77	0.54
Retained Earnings	0.14	0.19	0.25	0.02	0.41	0.62	-0.47		0.49	-0.01	-0.43	0.49	0.18	0.05	-0.39	0.03	-0.6	0.03	-0.22	0.29	0.17	0.67	-0.22	-0.24	0.12	-0.12
Cash	-0.34	0.11	-0.3	-0.37	0.08	0.44	-0.78	0.49		-0.51	-0.54	1.0	-0.33	-0.15	-0.61	-0.2	-0.23	0.3	-0.53	-0.28	0.02	0.61	-0.62	-0.42	-0.5	-0.26
Non Current Assets Total	0.96	0.47	0.75	0.93	0.56	0.07	0.81	-0.01	-0.51		0.49	-0.51	0.87	0.66	0.86	0.74	-0.14	-0.21	0.95	0.77	0.63	-0.36	0.94	0.82	0.95	0.73
Non Currrent Assets Other	0.47	0.02	0.39	0.51	0.21	-0.15	0.48	-0.43	-0.54	0.49		-0.54	0.48	0.45	0.43	0.39	0.44	-0.15	0.49	0.36	0.28	-0.52	0.56	0.45	0.31	0.53
Cash And Short Term Investments	-0.34	0.11	-0.3	-0.37	0.08	0.44	-0.78	0.49	1.0	-0.51	-0.54		-0.33	-0.15	-0.61	-0.2	-0.23	0.3	-0.53	-0.28	0.02	0.61	-0.62	-0.42	-0.5	-0.26
Net Receivables	0.96	0.45	0.88	0.94	0.65	0.13	0.57	0.18	-0.33	0.87	0.48	-0.33		0.7	0.64	0.75	-0.11	-0.16	0.82	0.94	0.73	-0.32	0.84	0.73	0.77	0.72
Common Stock Shares Outstanding	0.73	0.48	0.49	0.65	0.92	0.31	0.39	0.05	-0.15	0.66	0.45	-0.15	0.7		0.46	0.93	0.1	0.11	0.58	0.55	0.93	-0.06	0.55	0.76	0.51	0.98
Non Current Liabilities Total	0.76	0.51	0.45	0.78	0.25	-0.19	0.97	-0.39	-0.61	0.86	0.43	-0.61	0.64	0.46		0.64	-0.07	-0.09	0.95	0.53	0.48	-0.52	0.89	0.85	0.81	0.59
Inventory	0.8	0.69	0.47	0.73	0.86	0.25	0.56	0.03	-0.2	0.74	0.39	-0.2	0.75	0.93	0.64		-0.12	0.2	0.72	0.63	0.96	-0.08	0.65	0.88	0.64	0.93
Other Current Assets	-0.16	-0.35	-0.19	-0.16	-0.12	-0.17	0.04	-0.6	-0.23	-0.14	0.44	-0.23	-0.11	0.1	-0.07	-0.12		0.16	-0.12	-0.28	-0.12	-0.37	-0.06	-0.12	-0.34	0.17
Other Stockholder Equity	-0.13	0.44	-0.5	-0.28	0.19	0.46	-0.1	0.03	0.3	-0.21	-0.15	0.3	-0.16	0.11	-0.09	0.2	0.16		-0.18	-0.2	0.21	0.47	-0.35	-0.1	-0.25	0.11
Total Liab	0.9	0.51	0.68	0.93	0.4	-0.12	0.89	-0.22	-0.53	0.95	0.49	-0.53	0.82	0.58	0.95	0.72	-0.12	-0.18		0.73	0.6	-0.52	0.97	0.89	0.88	0.68
Property Plant And Equipment Gross	0.86	0.32	0.92	0.89	0.54	-0.02	0.46	0.29	-0.28	0.77	0.36	-0.28	0.94	0.55	0.53	0.63	-0.28	-0.2	0.73		0.63	-0.34	0.77	0.65	0.74	0.56
Total Current Assets	0.75	0.67	0.49	0.68	0.91	0.33	0.36	0.17	0.02	0.63	0.28	0.02	0.73	0.93	0.48	0.96	-0.12	0.21	0.6	0.63		0.01	0.53	0.79	0.51	0.9
Short Term Debt	-0.26	0.28	-0.41	-0.46	0.26	0.83	-0.57	0.67	0.61	-0.36	-0.52	0.61	-0.32	-0.06	-0.52	-0.08	-0.37	0.47	-0.52	-0.34	0.01		-0.63	-0.46	-0.28	-0.2
Intangible Assets	0.89	0.33	0.76	0.94	0.37	-0.24	0.86	-0.22	-0.62	0.94	0.56	-0.62	0.84	0.55	0.89	0.65	-0.06	-0.35	0.97	0.77	0.53	-0.63		0.85	0.87	0.66
Accounts Payable	0.8	0.55	0.55	0.83	0.58	-0.15	0.77	-0.24	-0.42	0.82	0.45	-0.42	0.73	0.76	0.85	0.88	-0.12	-0.1	0.89	0.65	0.79	-0.46	0.85		0.74	0.82
Good Will	0.88	0.41	0.73	0.85	0.48	0.03	0.77	0.12	-0.5	0.95	0.31	-0.5	0.77	0.51	0.81	0.64	-0.34	-0.25	0.88	0.74	0.51	-0.28	0.87	0.74		0.57
Common Stock Total Equity	0.77	0.46	0.5	0.71	0.84	0.19	0.54	-0.12	-0.26	0.73	0.53	-0.26	0.72	0.98	0.59	0.93	0.17	0.11	0.68	0.56	0.9	-0.2	0.66	0.82	0.57

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LSI Industries Account Relationship Matchups

LSI Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	172.3M	286.8M	311.1M	296.2M	340.6M	357.6M
Short Long Term Debt Total	11.4M	68.2M	79.6M	35.2M	40.5M	42.5M
Other Current Liab	18.1M	24.9M	29.8M	70.8M	81.4M	85.4M
Total Current Liabilities	34.6M	70.9M	74.6M	74.3M	85.5M	89.8M
Total Stockholder Equity	125.7M	131.2M	147.8M	177.6M	204.2M	113.8M
Property Plant And Equipment Net	26.5M	30.6M	27.2M	25.4M	29.2M	36.8M
Net Debt	7.9M	65.9M	77.1M	33.4M	38.4M	40.3M
Retained Earnings	(1.9M)	(1.4M)	8.2M	28.5M	32.8M	41.7M
Cash	3.5M	2.3M	2.5M	1.8M	2.1M	2.0M
Non Current Assets Total	86.4M	161.8M	152.2M	146.3M	168.2M	176.6M
Non Currrent Assets Other	19.5M	14.7M	12.0M	12.6M	14.5M	15.2M
Cash And Short Term Investments	3.5M	2.3M	2.5M	1.8M	2.1M	2.0M
Net Receivables	40.6M	59.0M	78.8M	80.8M	92.9M	97.6M
Common Stock Shares Outstanding	26.5M	27.4M	28.0M	29.3M	33.7M	22.3M
Liabilities And Stockholders Equity	172.3M	286.8M	311.1M	296.2M	340.6M	357.6M
Non Current Liabilities Total	11.9M	84.8M	88.7M	44.2M	50.9M	53.4M
Inventory	38.8M	58.9M	74.4M	63.7M	73.3M	37.0M
Other Current Assets	85.9M	4.8M	3.2M	3.5M	4.1M	3.9M
Other Stockholder Equity	68.2M	2.5M	139.5M	7.5M	8.6M	8.2M
Total Liab	46.6M	155.7M	163.3M	118.6M	136.4M	143.2M
Property Plant And Equipment Gross	35.2M	42.1M	106.6M	108.2M	124.4M	130.7M
Total Current Assets	85.9M	125.0M	158.9M	149.9M	172.4M	89.5M
Accumulated Other Comprehensive Income	(93K)	49K	45K	339K	305.1K	320.4K
Intangible Assets	30.0M	72.8M	68.0M	63.2M	72.7M	76.3M
Accounts Payable	14.2M	33.0M	34.8M	29.2M	33.6M	17.0M
Common Stock Total Equity	125.7M	127.7M	132.5M	139.5M	160.4M	101.1M
Common Stock	127.7M	132.5M	139.5M	148.7M	171.0M	95.1M
Property Plant Equipment	35.2M	30.6M	27.2M	34.4M	30.9M	34.8M
Current Deferred Revenue	1.7M	11.4M	6.4M	(29.2M)	(26.3M)	(25.0M)
Other Assets	10.9M	131.3M	283.9M	3.7M	4.2M	4.0M
Other Liab	1.1M	4.2M	12.7M	3.5M	4.0M	2.7M
Net Tangible Assets	85.4M	131.2M	147.8M	69.3M	62.4M	91.7M
Retained Earnings Total Equity	(5.8M)	(1.9M)	(1.4M)	8.2M	7.4M	7.0M
Non Current Liabilities Other	1.1M	16.6M	12.7M	12.6M	14.5M	15.2M

Pair Trading with LSI Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LSI Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LSI Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against LSI Stock

0.74	AP	Ampco Pittsburgh	Pair Corr
0.59	J	Jacobs Solutions Fiscal Year End 19th of November 2024	Pair Corr
0.58	CP	Canadian Pacific Railway	Pair Corr
0.54	AZ	A2Z Smart Technologies	Pair Corr
0.46	ALNT	Allient Symbol Change	Pair Corr

The ability to find closely correlated positions to LSI Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LSI Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LSI Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LSI Industries to buy it.

The correlation of LSI Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LSI Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LSI Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for LSI Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for LSI Stock Analysis

When running LSI Industries' price analysis, check to measure LSI Industries' 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 LSI Industries is operating at the current time. Most of LSI Industries' value examination focuses on studying past and present price action to predict the probability of LSI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LSI Industries' price. Additionally, you may evaluate how the addition of LSI Industries to your portfolios can decrease your overall portfolio volatility.

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