Lendway Net Tangible Assets vs Net Debt Analysis

LDWY Stock   5.00  0.87  21.07%   
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 Tangible Assets and its Net Debt 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 Tangible Assets vs Net Debt

Net Tangible Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lendway Net Tangible Assets account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lendway's Net Tangible Assets and Net Debt is -0.56. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Debt 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 Tangible Assets and Net Debt 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 Tangible Assets of Lendway are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Tangible Assets i.e., Lendway's Net Tangible Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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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