LRCX Stock | | | USD 72.64 0.49 0.67% |
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 Long Term Debt and its Intangible Assets 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.
Long Term Debt vs Intangible Assets
Long Term Debt vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lam Research Corp Long Term Debt account and
Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lam Research's Long Term Debt and Intangible Assets is -0.65. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets 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 Long Term Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Lam Research Corp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., Lam Research's Long Term Debt and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Lam Research Corp has held for over one year. Long-term debt appears on Lam Research Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Lam Research Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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.
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
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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.