Lendway Other Current Assets vs Net Invested Capital 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 Other Current Assets and its Net Invested 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 Current Assets vs Net Invested Capital

Other Current Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lendway Other Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Lendway's Other Current Assets and Net Invested Capital is -0.9. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Invested 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 Current Assets and Net Invested 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 Current Assets of Lendway are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Other Current Assets i.e., Lendway's Other Current Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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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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.