Laird Other Current Assets vs Other Assets Analysis

LSF Stock  USD 9.16  0.19  2.12%   
Laird Superfood financial indicator trend analysis is infinitely more than just investigating Laird Superfood recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Laird Superfood is a good investment. Please check the relationship between Laird Superfood Other Current Assets and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laird Superfood. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Laird Stock please use our How to Invest in Laird Superfood guide.

Other Current Assets vs Other Assets

Other Current Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laird Superfood Other Current Assets account and Other Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Laird Superfood's Other Current Assets and Other Assets is 0.17. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Laird Superfood, assuming nothing else is changed. The correlation between historical values of Laird Superfood's Other Current Assets and Other 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 Other Current Assets of Laird Superfood are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Current Assets i.e., Laird Superfood's Other Current Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Assets

Most indicators from Laird Superfood's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Laird Superfood 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 Laird Superfood. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Laird Stock please use our How to Invest in Laird Superfood guide.At this time, Laird Superfood's Selling General Administrative is most likely to increase significantly in the upcoming years. The Laird Superfood's current Sales General And Administrative To Revenue is estimated to increase to 0.50, while Tax Provision is projected to decrease to roughly 18.8 K.
 2021 2023 2024 (projected)
Depreciation And Amortization981.6K306.2K290.9K
Interest Income48.7K43.8K68.3K

Laird Superfood fundamental ratios Correlations

-0.260.230.240.950.850.73-0.86-0.070.270.860.670.420.44-0.30.930.430.560.39-0.3-0.470.520.630.870.25-0.52
-0.260.40.48-0.030.21-0.360.39-0.810.7-0.39-0.22-0.88-0.79-0.63-0.40.480.460.49-0.63-0.490.530.44-0.140.62-0.43
0.230.40.990.430.480.00.0-0.850.540.00.17-0.52-0.54-0.850.030.950.780.76-0.85-0.780.810.720.620.88-0.7
0.240.480.990.460.53-0.02-0.02-0.890.640.020.13-0.56-0.57-0.880.050.960.840.8-0.88-0.820.870.750.60.91-0.75
0.95-0.030.430.460.960.73-0.72-0.340.480.720.670.240.29-0.570.810.630.750.66-0.57-0.720.740.810.890.48-0.77
0.850.210.480.530.960.59-0.64-0.510.640.630.510.030.11-0.680.720.680.80.77-0.68-0.820.810.850.780.54-0.85
0.73-0.360.0-0.020.730.59-0.390.12-0.070.390.90.670.73-0.250.560.190.30.38-0.25-0.390.280.510.650.13-0.48
-0.860.390.0-0.02-0.72-0.64-0.39-0.17-0.2-1.0-0.26-0.42-0.41-0.07-0.98-0.14-0.29-0.05-0.070.14-0.24-0.24-0.60.10.18
-0.07-0.81-0.85-0.89-0.34-0.510.12-0.17-0.80.17-0.020.760.710.930.13-0.88-0.82-0.830.930.84-0.87-0.76-0.35-0.920.77
0.270.70.540.640.480.64-0.07-0.2-0.80.2-0.09-0.57-0.48-0.710.210.650.840.71-0.71-0.740.840.640.270.68-0.72
0.86-0.390.00.020.720.630.39-1.00.170.20.260.420.410.070.980.140.290.050.07-0.140.240.240.59-0.1-0.18
0.67-0.220.170.130.670.510.9-0.26-0.02-0.090.260.440.46-0.350.410.360.360.35-0.35-0.380.350.630.740.35-0.43
0.42-0.88-0.52-0.560.240.030.67-0.420.76-0.570.420.440.980.490.49-0.47-0.36-0.290.490.3-0.41-0.250.19-0.580.2
0.44-0.79-0.54-0.570.290.110.73-0.410.71-0.480.410.460.980.420.5-0.46-0.3-0.20.420.21-0.34-0.180.17-0.540.1
-0.3-0.63-0.85-0.88-0.57-0.68-0.25-0.070.93-0.710.07-0.350.490.42-0.03-0.92-0.88-0.961.00.96-0.93-0.91-0.57-0.940.93
0.93-0.40.030.050.810.720.56-0.980.130.210.980.410.490.5-0.030.20.360.17-0.03-0.250.310.350.68-0.03-0.3
0.430.480.950.960.630.680.19-0.14-0.880.650.140.36-0.47-0.46-0.920.20.90.83-0.92-0.870.930.90.740.95-0.82
0.560.460.780.840.750.80.3-0.29-0.820.840.290.36-0.36-0.3-0.880.360.90.86-0.88-0.90.990.910.710.89-0.89
0.390.490.760.80.660.770.38-0.05-0.830.710.050.35-0.29-0.2-0.960.170.830.86-0.96-0.990.90.870.570.82-0.99
-0.3-0.63-0.85-0.88-0.57-0.68-0.25-0.070.93-0.710.07-0.350.490.421.0-0.03-0.92-0.88-0.960.96-0.93-0.91-0.57-0.940.93
-0.47-0.49-0.78-0.82-0.72-0.82-0.390.140.84-0.74-0.14-0.380.30.210.96-0.25-0.87-0.9-0.990.96-0.94-0.91-0.64-0.840.99
0.520.530.810.870.740.810.28-0.24-0.870.840.240.35-0.41-0.34-0.930.310.930.990.9-0.93-0.940.930.690.91-0.92
0.630.440.720.750.810.850.51-0.24-0.760.640.240.63-0.25-0.18-0.910.350.90.910.87-0.91-0.910.930.790.88-0.9
0.87-0.140.620.60.890.780.65-0.6-0.350.270.590.740.190.17-0.570.680.740.710.57-0.57-0.640.690.790.59-0.65
0.250.620.880.910.480.540.130.1-0.920.68-0.10.35-0.58-0.54-0.94-0.030.950.890.82-0.94-0.840.910.880.59-0.79
-0.52-0.43-0.7-0.75-0.77-0.85-0.480.180.77-0.72-0.18-0.430.20.10.93-0.3-0.82-0.89-0.990.930.99-0.92-0.9-0.65-0.79
Click cells to compare fundamentals

Laird Superfood Account Relationship Matchups

Laird Superfood fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.4M82.3M65.8M30.0M18.0M17.1M
Other Current Liab792.1K1.4M2.9M6.3M2.6M2.6M
Total Current Liabilities1.5M2.7M3.8M7.5M4.4M3.8M
Total Stockholder Equity8.1M79.5M62.1M22.5M13.4M12.7M
Net Tangible Assets8.0M79.4M50.7M21.1M24.2M34.9M
Property Plant And Equipment Net3.2M3.3M4.5M284.2K477.3K453.5K
Net Debt(953.1K)(57.2M)(23.0M)(17.7M)(7.2M)(7.5M)
Retained Earnings(19.1M)(31.9M)(55.8M)(96.1M)(106.3M)(101.0M)
Accounts Payable724.8K1.3M888.8K1.1M1.6M1.2M
Cash1.0M57.2M23.0M17.8M7.6M7.2M
Non Current Assets Total6.4M6.3M18.2M2.5M1.7M1.6M
Non Currrent Assets Other3.1M3.0M2.3M800K132.1K125.5K
Other Assets3.1M3.0M2.3M800K720K684K
Cash And Short Term Investments6.5M65.9M31.7M17.8M7.6M7.2M
Net Receivables384.8K839.7K1.3M1.5M1.0M987.2K
Common Stock Shares Outstanding8.8M8.9M9.0M9.1M9.3M9.3M
Short Term Investments5.5M8.7M8.6M134.9K238.7K226.8K
Liabilities And Stockholders Equity16.4M82.3M65.8M30.0M18.0M17.1M
Non Current Liabilities Total6.8M51K7.5K76.1K243.8K231.6K
Capital Surpluse27.2M111.5M117.9M118.6M136.4M84.8M
Inventory2.4M6.3M10.2M5.7M6.3M5.9M
Other Current Assets44.3K2.8M3.8M2.5M81.2K77.2K
Other Stockholder Equity20.5M29.1M117.9M118.6M119.7M76.3M
Total Liab8.3M2.8M3.8M7.5M4.6M6.7M
Net Invested Capital8.2M79.6M62.1M22.5M13.4M12.7M
Property Plant And Equipment Gross3.2M3.3M6.0M284.2K585.2K556.0K
Total Current Assets10.0M76.0M47.7M27.5M16.3M15.5M
Capital Stock4.2K8.9K9.1K9.2K9.4K8.1K
Cash And Equivalents1.0M57.2M22.9M17.7M20.4M25.6M
Net Working Capital8.5M73.3M43.9M20.1M12.0M23.5M
Common Stock4.2K8.9K9.1K9.2K9.4K8.1K
Property Plant Equipment3.2M3.3M4.5M1.1M1.2M1.2M

Currently Active Assets on Macroaxis

When determining whether Laird Superfood is a strong investment it is important to analyze Laird Superfood'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 Laird Superfood's future performance. For an informed investment choice regarding Laird Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laird Superfood. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Laird Stock please use our How to Invest in Laird Superfood guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Packaged Foods & Meats space 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 Laird Superfood. If investors know Laird 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 Laird Superfood listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.39)
Revenue Per Share
4.04
Quarterly Revenue Growth
0.295
Return On Assets
(0.13)
Return On Equity
(0.27)
The market value of Laird Superfood is measured differently than its book value, which is the value of Laird that is recorded on the company's balance sheet. Investors also form their own opinion of Laird Superfood's value that differs from its market value or its book value, called intrinsic value, which is Laird Superfood'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 Laird Superfood's market value can be influenced by many factors that don't directly affect Laird Superfood'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 Laird Superfood's value and its price as these two are different measures arrived at by different means. Investors typically determine if Laird Superfood is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laird Superfood'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.