Loandepot Other Assets vs Total Current Assets Analysis

LDI Stock  USD 2.34  0.01  0.43%   
Loandepot financial indicator trend analysis is infinitely more than just investigating Loandepot recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Loandepot is a good investment. Please check the relationship between Loandepot Other Assets and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loandepot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Loandepot Stock please use our How to Invest in Loandepot guide.

Other Assets vs Total Current Assets

Other Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Loandepot Other Assets account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Loandepot's Other Assets and Total Current Assets is -0.4. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Loandepot, assuming nothing else is changed. The correlation between historical values of Loandepot's Other Assets and Total Current 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 Assets of Loandepot are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Assets i.e., Loandepot's Other Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Assets

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Loandepot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Loandepot 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 Loandepot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Loandepot Stock please use our How to Invest in Loandepot guide.The Loandepot's current Selling General Administrative is estimated to increase to about 1.1 B, while Tax Provision is forecasted to increase to (42.7 M).
 2021 2022 2023 2024 (projected)
Gross Profit3.4B975.6M715.8M680.0M
Total Revenue3.5B1.0B739.3M702.3M

Loandepot fundamental ratios Correlations

0.97-0.610.920.780.720.92-0.450.650.75-0.870.920.650.120.3-0.210.51-0.640.811.00.56-0.010.90.82-0.160.57
0.97-0.620.980.720.650.9-0.30.480.82-0.750.910.480.010.37-0.40.37-0.630.690.970.42-0.130.950.72-0.270.57
-0.61-0.62-0.63-0.08-0.19-0.510.53-0.55-0.50.71-0.64-0.550.330.15-0.18-0.520.58-0.18-0.61-0.350.28-0.65-0.74-0.48-0.97
0.920.98-0.630.680.50.81-0.30.410.77-0.670.930.41-0.170.28-0.430.32-0.690.620.920.35-0.310.990.69-0.310.55
0.780.72-0.080.680.590.67-0.340.50.44-0.580.730.50.220.24-0.30.28-0.490.950.770.360.030.650.54-0.470.01
0.720.65-0.190.50.590.88-0.070.380.67-0.630.420.380.740.66-0.230.34-0.080.630.740.590.610.420.42-0.220.26
0.920.9-0.510.810.670.88-0.190.430.88-0.750.710.430.410.59-0.30.39-0.320.670.930.560.290.750.6-0.160.53
-0.45-0.30.53-0.3-0.34-0.07-0.19-0.840.170.76-0.58-0.840.260.66-0.66-0.90.76-0.55-0.43-0.690.27-0.38-0.8-0.27-0.39
0.650.48-0.550.410.50.380.43-0.840.11-0.880.671.00.0-0.340.460.74-0.70.720.620.57-0.040.450.930.280.48
0.750.82-0.50.770.440.670.880.170.11-0.440.560.110.240.74-0.56-0.02-0.130.350.770.150.180.70.36-0.10.58
-0.87-0.750.71-0.67-0.58-0.63-0.750.76-0.88-0.44-0.8-0.88-0.120.06-0.27-0.820.69-0.75-0.86-0.76-0.05-0.68-0.94-0.16-0.66
0.920.91-0.640.930.730.420.71-0.580.670.56-0.80.67-0.260.0-0.170.52-0.870.760.910.46-0.40.950.87-0.210.53
0.650.48-0.550.410.50.380.43-0.841.00.11-0.880.670.0-0.340.460.74-0.70.720.620.57-0.040.450.930.280.48
0.120.010.33-0.170.220.740.410.260.00.24-0.12-0.260.00.63-0.040.020.540.240.130.310.97-0.27-0.16-0.07-0.19
0.30.370.150.280.240.660.590.66-0.340.740.060.0-0.340.63-0.69-0.40.430.10.32-0.060.550.18-0.22-0.36-0.01
-0.21-0.4-0.18-0.43-0.3-0.23-0.3-0.660.46-0.56-0.27-0.170.46-0.04-0.690.63-0.08-0.04-0.220.450.11-0.360.260.70.17
0.510.37-0.520.320.280.340.39-0.90.74-0.02-0.820.520.740.02-0.40.63-0.610.510.520.920.00.380.740.220.43
-0.64-0.630.58-0.69-0.49-0.08-0.320.76-0.7-0.130.69-0.87-0.70.540.43-0.08-0.61-0.58-0.62-0.410.65-0.76-0.830.16-0.4
0.810.69-0.180.620.950.630.67-0.550.720.35-0.750.760.720.240.1-0.040.51-0.580.790.550.080.610.71-0.310.1
1.00.97-0.610.920.770.740.93-0.430.620.77-0.860.910.620.130.32-0.220.52-0.620.790.580.00.90.8-0.170.57
0.560.42-0.350.350.360.590.56-0.690.570.15-0.760.460.570.31-0.060.450.92-0.410.550.580.250.370.60.030.3
-0.01-0.130.28-0.310.030.610.290.27-0.040.18-0.05-0.4-0.040.970.550.110.00.650.080.00.25-0.41-0.220.17-0.1
0.90.95-0.650.990.650.420.75-0.380.450.7-0.680.950.45-0.270.18-0.360.38-0.760.610.90.37-0.410.73-0.280.55
0.820.72-0.740.690.540.420.6-0.80.930.36-0.940.870.93-0.16-0.220.260.74-0.830.710.80.6-0.220.730.170.65
-0.16-0.27-0.48-0.31-0.47-0.22-0.16-0.270.28-0.1-0.16-0.210.28-0.07-0.360.70.220.16-0.31-0.170.030.17-0.280.170.58
0.570.57-0.970.550.010.260.53-0.390.480.58-0.660.530.48-0.19-0.010.170.43-0.40.10.570.3-0.10.550.650.58
Click cells to compare fundamentals

Loandepot Account Relationship Matchups

Loandepot fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B10.9B11.8B7.1B6.2B6.4B
Short Long Term Debt Total7.6B13.9B16.5B6.7B4.3B7.4B
Total Current Liabilities3.6B6.7B7.6B2.4B1.9B3.4B
Total Stockholder Equity375.9M1.7B494.2M921.5M353.2M600.8M
Retained Earnings219.4M0.0(29.0M)(342.1M)(451.7M)(429.1M)
Cash73.3M284.2M419.6M864.0M660.7M340.6M
Other Assets4.1B9.1B9.0B6.0B5.4B4.9B
Cash And Short Term Investments73.3M284.2M419.6M864.0M660.7M340.6M
Net Receivables121.0M138.1M56.2M145.3M76.8M120.0M
Liabilities And Stockholders Equity5.0B10.9B11.8B7.1B6.2B6.4B
Other Current Assets(238.5M)(626.8M)(676.8M)(1.1B)(822.7M)(781.5M)
Total Liab4.6B9.2B10.2B5.7B5.4B5.6B
Total Current Assets194.3M422.3M475.8M1.0B660.7M788.6M
Short Term Debt3.5B6.6B7.5B2.1B2.7B3.3B
Intangible Assets450.1M1.1B2.0B2.0B2.0B1.0B
Other Liab50.4M64.6M249.9M212.7M244.7M169.9M
Net Tangible Assets(61.1M)(60.0M)1.6B433.5M498.5M451.6M
Accounts Payable88.0M135.9M181.2M226.9M168.2M157.8M
Long Term Debt577.1M712.5M1.6B2.3B1.3B1.2B
Long Term Debt Total4.1B7.3B9.1B4.5B5.2B6.1B
Property Plant Equipment124.8M134.2M159.9M92.9M106.8M129.8M

Currently Active Assets on Macroaxis

When determining whether Loandepot offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Loandepot's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Loandepot Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Loandepot Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loandepot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Loandepot Stock please use our How to Invest in Loandepot guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Regional Banks 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 Loandepot. If investors know Loandepot 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 Loandepot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.99)
Earnings Share
(0.51)
Revenue Per Share
5.966
Quarterly Revenue Growth
0.919
Return On Assets
(0.03)
The market value of Loandepot is measured differently than its book value, which is the value of Loandepot that is recorded on the company's balance sheet. Investors also form their own opinion of Loandepot's value that differs from its market value or its book value, called intrinsic value, which is Loandepot'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 Loandepot's market value can be influenced by many factors that don't directly affect Loandepot'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 Loandepot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Loandepot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loandepot'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.