LRCX Stock | | | USD 73.71 1.07 1.47% |
Lam Research financial indicator trend analysis is infinitely more than just investigating Lam Research Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lam Research Corp is a good investment. Please check the relationship between Lam Research Gross Profit and its Ebit accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lam Research Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Gross Profit vs Ebit
Gross Profit vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lam Research Corp Gross Profit account and
Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between Lam Research's Gross Profit and Ebit is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit in the same time period over historical financial statements of Lam Research Corp, assuming nothing else is changed. The correlation between historical values of Lam Research's Gross Profit and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Lam Research Corp are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., Lam Research's Gross Profit and Ebit go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Lam Research Corp minus its cost of goods sold. It is profit before Lam Research operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Ebit
Most indicators from Lam Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lam Research Corp 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 Lam Research Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
At this time, Lam Research's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 19.9
M in 2024, whereas
Tax Provision is likely to drop slightly above 415.3
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 7.9B | 7.8B | 7.1B | 7.4B | Total Revenue | 17.2B | 17.4B | 14.9B | 15.7B |
Lam Research fundamental ratios Correlations
Click cells to compare fundamentals
Lam Research Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lam Research fundamental ratios Accounts
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 Lam Stock Analysis
When running Lam Research's price analysis, check to
measure Lam Research'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 Lam Research is operating at the current time. Most of Lam Research's value examination focuses on studying past and present price action to
predict the probability of Lam Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lam Research's price. Additionally, you may evaluate how the addition of Lam Research to your portfolios can decrease your overall portfolio volatility.