Lazydays Total Liab vs Inventory Analysis
GORV Stock | USD 0.99 0.03 2.94% |
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 Total Liab and its Inventory 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.
Total Liab vs Inventory
Total Liab vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lazydays Holdings Total Liab account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lazydays Holdings' Total Liab and Inventory is 0.97. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Inventory 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' Total Liab and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Lazydays Holdings are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Liab i.e., Lazydays Holdings' Total Liab and Inventory go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Inventory
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
Thematic Opportunities
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When running Lazydays Holdings' price analysis, check to measure Lazydays Holdings' 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 Lazydays Holdings is operating at the current time. Most of Lazydays Holdings' value examination focuses on studying past and present price action to predict the probability of Lazydays Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lazydays Holdings' price. Additionally, you may evaluate how the addition of Lazydays Holdings to your portfolios can decrease your overall portfolio volatility.