Lendway Other Assets vs Net Working Capital Analysis
LDWY Stock | 4.13 0.28 7.27% |
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 Other Assets and its Net Working Capital 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.
Other Assets vs Net Working Capital
Other Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lendway Other Assets account and Net Working Capital. At this time, the significance of the direction appears to have very week relationship.
The correlation between Lendway's Other Assets and Net Working Capital is 0.22. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Lendway, assuming nothing else is changed. The correlation between historical values of Lendway's Other Assets and Net Working Capital 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 Lendway are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Other Assets i.e., Lendway's Other Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Assets
Net Working Capital
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 Expenses | 24.3M | 21.2M | 3.5M | 3.3M | Cost Of Revenue | 16.3M | 15.5M | 7K | 6.7K |
Lendway fundamental ratios Correlations
Click cells to compare fundamentals
Lendway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Lendway Stock Analysis
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.