Limoneira Total Current Assets vs Total Liab Analysis

LMNR Stock  USD 19.85  0.11  0.56%   
Limoneira financial indicator trend analysis is infinitely more than just investigating Limoneira recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Limoneira is a good investment. Please check the relationship between Limoneira Total Current Assets and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Limoneira Co. 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.

Total Current Assets vs Total Liab

Total Current Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Limoneira Total Current Assets account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Limoneira's Total Current Assets and Total Liab is 0.63. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Limoneira Co, assuming nothing else is changed. The correlation between historical values of Limoneira's Total Current Assets and Total Liab 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 Assets of Limoneira Co are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Assets i.e., Limoneira's Total Current Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Limoneira's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Limoneira 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 Limoneira Co. 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.
As of 04/26/2024, Tax Provision is likely to grow to about 4 M, while Selling General Administrative is likely to drop slightly above 16.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.3M494K568.1K539.7K
Depreciation And Amortization439K8.6M9.9M10.4M

Limoneira fundamental ratios Correlations

0.450.20.850.930.670.950.420.430.580.840.21.00.450.590.430.20.830.810.820.660.820.920.860.810.88
0.45-0.460.240.170.190.60.871.00.260.16-0.630.450.10.421.0-0.630.360.190.10.740.580.60.130.730.27
0.2-0.460.320.360.040.16-0.49-0.480.020.30.830.190.27-0.04-0.460.830.390.40.5-0.23-0.040.040.41-0.120.43
0.850.240.320.880.370.820.320.210.150.960.440.820.450.230.230.440.920.860.960.280.770.780.940.510.92
0.930.170.360.880.580.820.230.150.520.90.380.920.440.430.160.380.840.860.920.360.730.810.960.550.89
0.670.190.040.370.580.59-0.070.180.660.460.060.710.230.830.170.060.290.420.330.680.250.480.40.70.52
0.950.60.160.820.820.590.540.570.510.760.120.940.490.560.580.120.840.770.760.710.860.910.780.840.89
0.420.87-0.490.320.23-0.070.540.870.170.21-0.530.40.230.180.87-0.530.450.150.20.510.750.640.260.540.25
0.431.0-0.480.210.150.180.570.870.260.13-0.660.420.070.421.0-0.660.320.160.060.740.560.580.10.720.24
0.580.260.020.150.520.660.510.170.260.25-0.130.620.170.60.24-0.130.180.260.220.570.330.420.280.550.34
0.840.160.30.960.90.460.760.210.130.250.440.830.370.220.150.440.820.850.920.270.680.710.920.490.88
0.2-0.630.830.440.380.060.12-0.53-0.66-0.130.440.170.45-0.18-0.631.00.390.370.57-0.320.040.040.47-0.180.45
1.00.450.190.820.920.710.940.40.420.620.830.170.420.620.430.170.790.80.80.690.80.910.840.830.86
0.450.10.270.450.440.230.490.230.070.170.370.450.420.190.090.450.580.180.510.190.490.510.50.290.55
0.590.42-0.040.230.430.830.560.180.420.60.22-0.180.620.190.4-0.180.330.270.20.740.270.50.270.720.41
0.431.0-0.460.230.160.170.580.871.00.240.15-0.630.430.090.4-0.630.350.180.090.730.570.590.120.720.26
0.2-0.630.830.440.380.060.12-0.53-0.66-0.130.441.00.170.45-0.18-0.630.390.370.57-0.320.040.040.47-0.180.45
0.830.360.390.920.840.290.840.450.320.180.820.390.790.580.330.350.390.750.930.320.810.820.910.530.91
0.810.190.40.860.860.420.770.150.160.260.850.370.80.180.270.180.370.750.840.310.650.730.870.50.85
0.820.10.50.960.920.330.760.20.060.220.920.570.80.510.20.090.570.930.840.170.710.730.970.40.92
0.660.74-0.230.280.360.680.710.510.740.570.27-0.320.690.190.740.73-0.320.320.310.170.530.680.210.970.37
0.820.58-0.040.770.730.250.860.750.560.330.680.040.80.490.270.570.040.810.650.710.530.930.760.680.72
0.920.60.040.780.810.480.910.640.580.420.710.040.910.510.50.590.040.820.730.730.680.930.80.810.77
0.860.130.410.940.960.40.780.260.10.280.920.470.840.50.270.120.470.910.870.970.210.760.80.430.91
0.810.73-0.120.510.550.70.840.540.720.550.49-0.180.830.290.720.72-0.180.530.50.40.970.680.810.430.57
0.880.270.430.920.890.520.890.250.240.340.880.450.860.550.410.260.450.910.850.920.370.720.770.910.57
Click cells to compare fundamentals

Limoneira Account Relationship Matchups

Limoneira fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets389.6M392.3M368.5M301.2M346.4M303.8M
Short Long Term Debt Total125.8M132.8M105.8M41.0M47.2M44.8M
Other Current Liab14.2M13.5M(7.4M)23.1M26.5M27.9M
Total Current Liabilities31.5M35.3M39.3M33.4M38.4M23.2M
Total Stockholder Equity192.8M187.3M180.3M189.3M217.7M145.8M
Other Liab29.8M29.0M27.4M28.2M32.5M28.7M
Property Plant And Equipment Net242.6M242.4M222.6M160.6M184.7M162.7M
Net Debt125.3M132.4M105.0M37.4M43.0M40.8M
Retained Earnings30.8M21.6M15.5M19.0M21.9M28.2M
Accounts Payable14.0M19.3M21.4M19.5M22.4M12.6M
Cash501K439K857K3.6M4.2M4.4M
Non Current Assets Total347.1M350.2M331.0M271.0M311.6M280.3M
Non Currrent Assets Other8.7M11.0M3.2M1.2M1.4M1.4M
Other Assets21.4M91.6M33.8M12.9M14.8M14.1M
Long Term Debt122.6M130.4M104.1M40.6M46.7M44.4M
Cash And Short Term Investments501K439K857K3.6M4.2M4.4M
Net Receivables24.5M23.4M19.5M18.7M21.5M13.1M
Common Stock Total Equity176K178K179K177K203.6K143.3K
Common Stock Shares Outstanding17.7M17.6M17.5M17.6M20.2M15.8M
Liabilities And Stockholders Equity389.6M392.3M368.5M301.2M346.4M303.8M
Non Current Liabilities Total151.6M157.7M137.4M67.4M77.5M130.3M
Inventory10.7M10.0M12.8M4.8M5.5M5.7M
Other Current Assets17.6M18.2M17.1M7.9M9.1M9.0M
Other Stockholder Equity158.6M160.5M161.7M164.9M189.7M109.6M
Total Liab183.0M193.0M176.7M100.7M115.8M153.5M
Property Plant And Equipment Gross242.6M242.4M222.6M241.7M277.9M168.3M
Total Current Assets42.5M42.1M37.5M30.2M34.8M23.5M
Accumulated Other Comprehensive Income(7.5M)(5.7M)(7.9M)(5.7M)(5.1M)(4.8M)
Short Term Debt3.3M2.5M1.7M381K438.2K416.2K
Intangible Assets11.3M8.3M7.3M6.7M7.7M5.1M
Common Stock176K178K179K177K205.9K146.6K
Property Plant Equipment248.1M242.6M242.4M222.6M256.0M175.3M
Net Tangible Assets202.8M180.0M166.6M178.7M205.6M160.4M
Noncontrolling Interest In Consolidated Entity15.4M13.7M12.0M11.6M13.4M14.0M
Good Will1.5M1.5M1.5M1.5M1.7M1.1M
Retained Earnings Total Equity53.1M30.8M21.6M15.5M17.8M29.3M
Long Term Debt Total105.9M122.6M130.4M104.1M119.7M108.9M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Limoneira in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Limoneira's short interest history, or implied volatility extrapolated from Limoneira options trading.

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When determining whether Limoneira is a strong investment it is important to analyze Limoneira's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Limoneira's future performance. For an informed investment choice regarding Limoneira Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Limoneira Co. 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.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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Is Limoneira's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Limoneira. If investors know Limoneira will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Limoneira listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.96
Dividend Share
0.3
Earnings Share
(0.58)
Revenue Per Share
10.316
Quarterly Revenue Growth
0.048
The market value of Limoneira is measured differently than its book value, which is the value of Limoneira that is recorded on the company's balance sheet. Investors also form their own opinion of Limoneira's value that differs from its market value or its book value, called intrinsic value, which is Limoneira's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Limoneira's market value can be influenced by many factors that don't directly affect Limoneira's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Limoneira's value and its price as these two are different measures arrived at by different means. Investors typically determine if Limoneira is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Limoneira's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.