LXP Other Non Cash Items vs Net Income Analysis
LXP Stock | USD 9.53 0.03 0.32% |
LXP Industrial financial indicator trend analysis is infinitely more than just investigating LXP Industrial Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LXP Industrial Trust is a good investment. Please check the relationship between LXP Industrial Other Non Cash Items and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LXP Industrial Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Other Non Cash Items vs Net Income
Other Non Cash Items vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LXP Industrial Trust Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between LXP Industrial's Other Non Cash Items and Net Income is -0.9. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income in the same time period over historical financial statements of LXP Industrial Trust, assuming nothing else is changed. The correlation between historical values of LXP Industrial's Other Non Cash Items and Net Income 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 Non Cash Items of LXP Industrial Trust are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., LXP Industrial's Other Non Cash Items and Net Income go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Non Cash Items
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in LXP Industrial Trust financial statement analysis. It represents the amount of money remaining after all of LXP Industrial Trust operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from LXP Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LXP Industrial Trust 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 LXP Industrial Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, LXP Industrial's Tax Provision is relatively stable compared to the past year. As of 11/14/2024, Enterprise Value is likely to grow to about 4.6 B, while Selling General Administrative is likely to drop slightly above 26.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 119.5M | 85.8M | 98.6M | 157.4M | Total Revenue | 344.0M | 321.2M | 340.5M | 270.9M |
LXP Industrial fundamental ratios Correlations
Click cells to compare fundamentals
LXP Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LXP Industrial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2B | 3.5B | 4.0B | 4.1B | 4.2B | 2.8B | |
Short Long Term Debt Total | 1.2B | 1.4B | 1.5B | 2.6B | 1.7B | 1.4B | |
Total Stockholder Equity | 1.7B | 2.0B | 2.3B | 2.4B | 2.2B | 1.1B | |
Property Plant And Equipment Net | 38.6M | 31.4M | 28.0M | 24.0M | 19.3M | 18.4M | |
Net Debt | 1.1B | 1.1B | 1.2B | 1.3B | 1.5B | 1.2B | |
Non Currrent Assets Other | 11.7M | 8.3M | 8.8M | 3.4B | 3.6B | 3.8B | |
Other Assets | 30.1M | 2.9M | 3.4B | 3.5B | 3.4B | 3.6B | |
Common Stock Shares Outstanding | 237.9M | 268.2M | 287.4M | 282.5M | 291.2M | 305.8M | |
Liabilities And Stockholders Equity | 3.2B | 3.5B | 4.0B | 4.1B | 4.2B | 2.8B | |
Non Current Liabilities Total | 1.4B | 1.4B | 1.5B | 1.5B | 1.9B | 1.3B | |
Other Stockholder Equity | 3.0B | 3.2B | 3.3B | 3.3B | 3.3B | 1.8B | |
Total Liab | 1.5B | 1.5B | 1.7B | 1.7B | 1.9B | 1.5B | |
Retained Earnings | (1.4B) | (1.3B) | (1.0B) | (1.1B) | (1.2B) | (1.1B) | |
Other Current Liab | (26.0M) | 790K | 3.5M | (1.0B) | (75.4M) | (71.7M) | |
Total Current Liabilities | 97.2M | 128.3M | 156.2M | 149.7M | 9.4M | 9.0M | |
Accounts Payable | 18.2M | 55.2M | 77.6M | 74.3M | 58.0M | 36.5M | |
Cash | 122.7M | 178.8M | 190.9M | 54.4M | 199.2M | 209.2M | |
Non Current Assets Total | 3.0B | 3.2B | 3.7B | 3.9B | 3.8B | 2.5B | |
Cash And Short Term Investments | 122.7M | 178.8M | 190.9M | 54.4M | 329.4M | 345.9M | |
Net Receivables | 70.2M | 69.9M | 66.8M | 74.4M | 85.7M | 68.2M | |
Total Current Assets | 202.4M | 265.8M | 340.4M | 195.4M | 424.5M | 390.3M | |
Accumulated Other Comprehensive Income | (1.9M) | (18.0M) | (6.3M) | 17.7M | 9.5M | 10.0M | |
Other Liab | 33.9M | 30.6M | 29.2M | 26.7M | 24.0M | 22.8M | |
Long Term Debt | 815.1M | 1.3B | 1.5B | 1.5B | 1.6B | 1.7B | |
Short Term Investments | 1.1M | 76K | 74.6M | 58.2M | 130.1M | 136.6M | |
Other Current Assets | (198.8M) | (249.3M) | (257.8M) | (128.9M) | 9.4M | 8.9M | |
Intangible Assets | 409.8M | 409.3M | 341.4M | 328.6M | 123.2M | 117.0M | |
Current Deferred Revenue | 33.9M | 30.6M | 29.2M | 26.7M | 26.9M | 37.9M | |
Short Term Debt | 71.1M | 41.7M | 45.9M | 1.1B | 51.0M | 48.4M | |
Noncontrolling Interest In Consolidated Entity | 19.6M | 20.5M | 32.4M | 38.3M | 44.0M | 23.8M | |
Retained Earnings Total Equity | (1.4B) | (1.3B) | (1.0B) | (1.1B) | (971.2M) | (922.6M) | |
Inventory | 208.3M | 266.4M | 340.5M | (16.3M) | 424.7M | 446.0M | |
Deferred Long Term Liab | 20.4M | 17.3M | 18.9M | 25.2M | 29.0M | 20.8M | |
Property Plant Equipment | 2.9B | 3.1B | 3.5B | 3.7B | 4.2B | 2.9B |
Pair Trading with LXP Industrial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LXP Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LXP Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with LXP Stock
Moving against LXP Stock
0.52 | EQIX | Equinix | PairCorr |
0.5 | AKR | Acadia Realty Trust | PairCorr |
0.42 | UE | Urban Edge Properties | PairCorr |
0.41 | WELL | Welltower | PairCorr |
The ability to find closely correlated positions to LXP Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LXP Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LXP Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LXP Industrial Trust to buy it.
The correlation of LXP Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LXP Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LXP Industrial Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LXP Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for LXP Stock Analysis
When running LXP Industrial's price analysis, check to measure LXP Industrial'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 LXP Industrial is operating at the current time. Most of LXP Industrial's value examination focuses on studying past and present price action to predict the probability of LXP Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LXP Industrial's price. Additionally, you may evaluate how the addition of LXP Industrial to your portfolios can decrease your overall portfolio volatility.