Light Total Current Liabilities vs Retained Earnings Analysis

LNW Stock  USD 93.24  0.14  0.15%   
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 Total Current Liabilities and its Retained Earnings 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 closely tied 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.

Total Current Liabilities vs Retained Earnings

Total Current Liabilities vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Light Wonder Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Light Wonder's Total Current Liabilities and Retained Earnings is -0.57. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings 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 Total Current Liabilities and Retained Earnings 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 Light Wonder are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., Light Wonder's Total Current Liabilities and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Light Wonder balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Light Wonder 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 closely tied 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 10.14 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense478M327M324M177.0M
Depreciation And Amortization398M420M384M212.9M

Light Wonder fundamental ratios Correlations

0.950.80.82-0.610.630.94-0.640.370.990.280.370.810.610.960.820.230.620.960.80.820.90.60.470.590.53
0.950.80.82-0.830.551.0-0.830.340.940.30.340.770.521.00.770.240.651.00.770.790.880.580.370.50.69
0.80.80.96-0.570.260.77-0.620.610.750.580.610.610.590.80.560.430.710.810.880.940.570.710.550.560.35
0.820.820.96-0.540.310.8-0.570.570.780.420.570.780.640.820.70.330.680.830.920.950.620.870.650.670.4
-0.61-0.83-0.57-0.54-0.27-0.830.98-0.18-0.6-0.3-0.18-0.45-0.24-0.81-0.42-0.23-0.56-0.81-0.48-0.46-0.6-0.3-0.03-0.18-0.79
0.630.550.260.31-0.270.59-0.28-0.190.69-0.11-0.190.660.440.570.730.20.230.560.270.40.760.250.430.470.3
0.941.00.770.8-0.830.59-0.830.260.940.290.260.780.51.00.780.210.620.990.720.770.90.580.360.480.68
-0.64-0.83-0.62-0.570.98-0.28-0.83-0.25-0.61-0.39-0.25-0.42-0.34-0.82-0.39-0.35-0.69-0.82-0.53-0.49-0.56-0.28-0.09-0.22-0.78
0.370.340.610.57-0.18-0.190.26-0.250.250.191.00.190.380.330.210.30.530.350.80.510.080.340.310.330.32
0.990.940.750.78-0.60.690.94-0.610.250.260.250.810.570.950.830.170.550.950.720.790.930.580.450.570.5
0.280.30.580.42-0.3-0.110.29-0.390.190.260.19-0.050.250.3-0.20.490.550.310.270.370.00.150.090.08-0.14
0.370.340.610.57-0.18-0.190.26-0.251.00.250.190.190.380.330.210.30.530.350.80.510.080.340.310.330.32
0.810.770.610.78-0.450.660.78-0.420.190.81-0.050.190.540.780.940.060.390.780.690.720.820.830.620.680.45
0.610.520.590.64-0.240.440.5-0.340.380.570.250.380.540.520.50.370.720.540.610.650.360.540.870.930.15
0.961.00.80.82-0.810.571.0-0.820.330.950.30.330.780.520.780.230.641.00.770.790.890.580.370.50.68
0.820.770.560.7-0.420.730.78-0.390.210.83-0.20.210.940.50.78-0.070.320.780.670.720.890.70.580.630.49
0.230.240.430.33-0.230.20.21-0.350.30.170.490.30.060.370.23-0.070.570.250.360.29-0.030.120.250.240.22
0.620.650.710.68-0.560.230.62-0.690.530.550.550.530.390.720.640.320.570.650.70.640.320.40.490.50.47
0.961.00.810.83-0.810.560.99-0.820.350.950.310.350.780.541.00.780.250.650.780.80.880.590.380.510.67
0.80.770.880.92-0.480.270.72-0.530.80.720.270.80.690.610.770.670.360.70.780.860.570.720.570.610.52
0.820.790.940.95-0.460.40.77-0.490.510.790.370.510.720.650.790.720.290.640.80.860.650.790.690.670.32
0.90.880.570.62-0.60.760.9-0.560.080.930.00.080.820.360.890.89-0.030.320.880.570.650.490.30.410.54
0.60.580.710.87-0.30.250.58-0.280.340.580.150.340.830.540.580.70.120.40.590.720.790.490.720.710.22
0.470.370.550.65-0.030.430.36-0.090.310.450.090.310.620.870.370.580.250.490.380.570.690.30.720.94-0.02
0.590.50.560.67-0.180.470.48-0.220.330.570.080.330.680.930.50.630.240.50.510.610.670.410.710.940.12
0.530.690.350.4-0.790.30.68-0.780.320.5-0.140.320.450.150.680.490.220.470.670.520.320.540.22-0.020.12
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 Liab366M561M675M331M360M378M
Total Current Liabilities766M833M974M622M696M730.8M
Total Stockholder Equity(2.1B)(2.5B)(2.1B)1.2B765M803.3M
Property Plant And Equipment Net605M509M264M253M288M333.0M
Net Debt8.5B8.4B8.1B3.0B3.5B2.5B
Retained Earnings(3.0B)(3.5B)(3.2B)517M680M714M
Cash313M1.0B585M914M425M446.3M
Non Current Assets Total6.2B5.8B6.2B4.3B4.2B2.3B
Non Currrent Assets Other209M194M1.6B37M40M38M
Cash And Short Term Investments313M1.0B585M914M425M446.3M
Net Receivables755M438M423M455M530M556.5M
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 Assets303M696M626M164M179M135.8M
Other Stockholder Equity1.1B1.1B1.2B790M367M433.8M
Total Liab9.9B10.5B10.0B4.8B4.8B3.1B
Total Current Assets1.6B2.2B1.7B1.7B1.3B1.4B
Intangible Assets1.8B1.5B1.1B942M763M612.2M
Accounts Payable226M150M204M154M241M253.1M
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Light Stock Analysis

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