Lendway Net Receivables vs Other Assets Analysis

LDWY Stock   4.64  0.36  7.20%   
Lendway financial indicator trend analysis is infinitely more than just investigating Lendway recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lendway is a good investment. Please check the relationship between Lendway Net Receivables and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lendway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Lendway Stock please use our How to Invest in Lendway guide.

Net Receivables vs Other Assets

Net Receivables vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lendway Net Receivables account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lendway's Net Receivables and Other Assets is 0.79. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Assets in the same time period over historical financial statements of Lendway, assuming nothing else is changed. The correlation between historical values of Lendway's Net Receivables 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 Net Receivables of Lendway 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 Net Receivables i.e., Lendway's Net Receivables and Other Assets go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Other Assets

Most indicators from Lendway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lendway 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 Lendway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Lendway Stock please use our How to Invest in Lendway guide.At this time, Lendway's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 2.76 in 2024, whereas Tax Provision is likely to drop (238.3 K) in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses24.3M21.2M3.5M3.3M
Cost Of Revenue16.3M15.5M7K6.7K

Lendway fundamental ratios Correlations

0.14-0.110.84-0.480.820.150.81-0.340.620.220.170.230.040.14-0.520.170.09-0.64-0.230.820.110.980.060.830.06
0.140.14-0.17-0.67-0.07-0.760.0-0.730.51-0.83-0.85-0.84-0.510.58-0.41-0.73-0.640.640.21-0.27-0.830.31-0.79-0.1-0.79
-0.110.14-0.430.56-0.370.36-0.670.54-0.480.210.250.20.75-0.610.650.20.610.050.980.020.32-0.150.35-0.380.35
0.84-0.17-0.43-0.460.980.190.91-0.330.690.30.240.31-0.090.02-0.60.270.02-0.74-0.550.860.150.810.080.980.08
-0.48-0.670.56-0.46-0.50.72-0.680.98-0.910.660.730.660.83-0.780.90.580.82-0.210.54-0.090.78-0.630.79-0.470.79
0.82-0.07-0.370.98-0.50.10.86-0.380.760.20.140.21-0.13-0.01-0.60.17-0.04-0.68-0.480.860.070.820.00.990.01
0.15-0.760.360.190.720.1-0.080.79-0.560.980.950.980.87-0.720.420.960.94-0.70.220.460.9-0.050.820.090.82
0.810.0-0.670.91-0.680.86-0.08-0.560.750.06-0.010.07-0.40.42-0.780.04-0.28-0.53-0.760.62-0.10.81-0.160.86-0.16
-0.34-0.730.54-0.330.98-0.380.79-0.56-0.850.750.820.740.87-0.810.880.630.88-0.370.50.060.87-0.50.89-0.330.89
0.620.51-0.480.69-0.910.76-0.560.75-0.85-0.48-0.52-0.47-0.650.47-0.81-0.46-0.64-0.08-0.490.42-0.560.74-0.580.74-0.57
0.22-0.830.210.30.660.20.980.060.75-0.480.981.00.8-0.670.360.940.9-0.80.070.530.930.020.850.210.85
0.17-0.850.250.240.730.140.95-0.010.82-0.520.980.980.83-0.710.50.850.92-0.810.130.520.99-0.020.940.180.94
0.23-0.840.20.310.660.210.980.070.74-0.471.00.980.79-0.660.350.940.89-0.80.060.540.930.030.850.220.85
0.04-0.510.75-0.090.83-0.130.87-0.40.87-0.650.80.830.79-0.840.710.720.98-0.510.650.360.86-0.120.84-0.110.84
0.140.58-0.610.02-0.78-0.01-0.720.42-0.810.47-0.67-0.71-0.66-0.84-0.7-0.57-0.820.48-0.55-0.39-0.750.26-0.75-0.02-0.75
-0.52-0.410.65-0.60.9-0.60.42-0.780.88-0.810.360.50.350.71-0.70.190.64-0.040.69-0.170.62-0.610.7-0.530.7
0.17-0.730.20.270.580.170.960.040.63-0.460.940.850.940.72-0.570.190.82-0.640.040.420.76-0.020.640.130.64
0.09-0.640.610.020.82-0.040.94-0.280.88-0.640.90.920.890.98-0.820.640.82-0.620.490.420.92-0.090.89-0.020.89
-0.640.640.05-0.74-0.21-0.68-0.7-0.53-0.37-0.08-0.8-0.81-0.8-0.510.48-0.04-0.64-0.620.18-0.9-0.77-0.51-0.72-0.72-0.72
-0.230.210.98-0.550.54-0.480.22-0.760.5-0.490.070.130.060.65-0.550.690.040.490.18-0.110.22-0.250.28-0.470.28
0.82-0.270.020.86-0.090.860.460.620.060.420.530.520.540.36-0.39-0.170.420.42-0.9-0.110.490.750.440.890.44
0.11-0.830.320.150.780.070.9-0.10.87-0.560.930.990.930.86-0.750.620.760.92-0.770.220.49-0.070.980.130.98
0.980.31-0.150.81-0.630.82-0.050.81-0.50.740.02-0.020.03-0.120.26-0.61-0.02-0.09-0.51-0.250.75-0.07-0.110.82-0.11
0.06-0.790.350.080.790.00.82-0.160.89-0.580.850.940.850.84-0.750.70.640.89-0.720.280.440.98-0.110.081.0
0.83-0.1-0.380.98-0.470.990.090.86-0.330.740.210.180.22-0.11-0.02-0.530.13-0.02-0.72-0.470.890.130.820.080.08
0.06-0.790.350.080.790.010.82-0.160.89-0.570.850.940.850.84-0.750.70.640.89-0.720.280.440.98-0.111.00.08
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Lendway Account Relationship Matchups

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When running Lendway's price analysis, check to measure Lendway'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 Lendway is operating at the current time. Most of Lendway's value examination focuses on studying past and present price action to predict the probability of Lendway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lendway's price. Additionally, you may evaluate how the addition of Lendway to your portfolios can decrease your overall portfolio volatility.