Lazydays Non Current Assets Total vs Depreciation And Amortization Analysis
GORV Stock | USD 1.07 0.07 7.00% |
Lazydays Holdings financial indicator trend analysis is infinitely more than just investigating Lazydays Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lazydays Holdings is a good investment. Please check the relationship between Lazydays Holdings Non Current Assets Total and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Lazydays Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Lazydays Stock please use our How to Invest in Lazydays Holdings guide.
Non Current Assets Total vs Depreciation And Amortization
Non Current Assets Total vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lazydays Holdings Non Current Assets Total account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lazydays Holdings' Non Current Assets Total and Depreciation And Amortization is 0.97. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Lazydays Holdings, assuming nothing else is changed. The correlation between historical values of Lazydays Holdings' Non Current Assets Total and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Lazydays Holdings are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Non Current Assets Total i.e., Lazydays Holdings' Non Current Assets Total and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Lazydays Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lazydays Holdings 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Lazydays Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Lazydays Stock please use our How to Invest in Lazydays Holdings guide.At this time, Lazydays Holdings' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 754.6 M in 2024, despite the fact that Tax Provision is likely to grow to (28.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.5M | 16.6M | 34.9M | 36.6M | Depreciation And Amortization | 14.5M | 16.8M | 18.5M | 16.6M |
Lazydays Holdings fundamental ratios Correlations
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Lazydays Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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