Lendway Selling And Marketing Expenses vs Gross Profit Analysis

LDWY Stock   4.50  0.09  2.04%   
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 Selling And Marketing Expenses and its Gross Profit 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.

Selling And Marketing Expenses vs Gross Profit

Selling And Marketing Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lendway Selling And Marketing Expenses account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lendway's Selling And Marketing Expenses and Gross Profit is 0.86. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Lendway, assuming nothing else is changed. The correlation between historical values of Lendway's Selling And Marketing Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Lendway are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Selling And Marketing Expenses i.e., Lendway's Selling And Marketing Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Selling And Marketing Expenses

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Lendway minus its cost of goods sold. It is profit before Lendway operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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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