Lendway Tax Provision vs Ebit 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 Tax Provision and its Ebit 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.

Tax Provision vs Ebit

Tax Provision vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lendway Tax Provision account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Lendway's Tax Provision and Ebit is -0.28. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Ebit in the same time period over historical financial statements of Lendway, assuming nothing else is changed. The correlation between historical values of Lendway's Tax Provision and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Lendway are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Tax Provision i.e., Lendway's Tax Provision and Ebit go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Ebit

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

Total Operating Expenses Cost Of Revenue

Lendway fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Common Stock
Total Assets		0.14	-0.11	0.84	-0.48	0.82	0.15	0.81	-0.34	0.62	0.22	0.17	0.23	0.04	0.14	-0.52	0.17	0.09	-0.64	-0.23	0.82	0.11	0.98	0.06	0.83	0.06
Other Current Liab	0.14		0.14	-0.17	-0.67	-0.07	-0.76	0.0	-0.73	0.51	-0.83	-0.85	-0.84	-0.51	0.58	-0.41	-0.73	-0.64	0.64	0.21	-0.27	-0.83	0.31	-0.79	-0.1	-0.79
Total Current Liabilities	-0.11	0.14		-0.43	0.56	-0.37	0.36	-0.67	0.54	-0.48	0.21	0.25	0.2	0.75	-0.61	0.65	0.2	0.61	0.05	0.98	0.02	0.32	-0.15	0.35	-0.38	0.35
Total Stockholder Equity	0.84	-0.17	-0.43		-0.46	0.98	0.19	0.91	-0.33	0.69	0.3	0.24	0.31	-0.09	0.02	-0.6	0.27	0.02	-0.74	-0.55	0.86	0.15	0.81	0.08	0.98	0.08
Other Liab	-0.48	-0.67	0.56	-0.46		-0.5	0.72	-0.68	0.98	-0.91	0.66	0.73	0.66	0.83	-0.78	0.9	0.58	0.82	-0.21	0.54	-0.09	0.78	-0.63	0.79	-0.47	0.79
Net Tangible Assets	0.82	-0.07	-0.37	0.98	-0.5		0.1	0.86	-0.38	0.76	0.2	0.14	0.21	-0.13	-0.01	-0.6	0.17	-0.04	-0.68	-0.48	0.86	0.07	0.82	0.0	0.99	0.01
Property Plant And Equipment Net	0.15	-0.76	0.36	0.19	0.72	0.1		-0.08	0.79	-0.56	0.98	0.95	0.98	0.87	-0.72	0.42	0.96	0.94	-0.7	0.22	0.46	0.9	-0.05	0.82	0.09	0.82
Retained Earnings	0.81	0.0	-0.67	0.91	-0.68	0.86	-0.08		-0.56	0.75	0.06	-0.01	0.07	-0.4	0.42	-0.78	0.04	-0.28	-0.53	-0.76	0.62	-0.1	0.81	-0.16	0.86	-0.16
Accounts Payable	-0.34	-0.73	0.54	-0.33	0.98	-0.38	0.79	-0.56		-0.85	0.75	0.82	0.74	0.87	-0.81	0.88	0.63	0.88	-0.37	0.5	0.06	0.87	-0.5	0.89	-0.33	0.89
Cash	0.62	0.51	-0.48	0.69	-0.91	0.76	-0.56	0.75	-0.85		-0.48	-0.52	-0.47	-0.65	0.47	-0.81	-0.46	-0.64	-0.08	-0.49	0.42	-0.56	0.74	-0.58	0.74	-0.57
Non Current Assets Total	0.22	-0.83	0.21	0.3	0.66	0.2	0.98	0.06	0.75	-0.48		0.98	1.0	0.8	-0.67	0.36	0.94	0.9	-0.8	0.07	0.53	0.93	0.02	0.85	0.21	0.85
Non Currrent Assets Other	0.17	-0.85	0.25	0.24	0.73	0.14	0.95	-0.01	0.82	-0.52	0.98		0.98	0.83	-0.71	0.5	0.85	0.92	-0.81	0.13	0.52	0.99	-0.02	0.94	0.18	0.94
Other Assets	0.23	-0.84	0.2	0.31	0.66	0.21	0.98	0.07	0.74	-0.47	1.0	0.98		0.79	-0.66	0.35	0.94	0.89	-0.8	0.06	0.54	0.93	0.03	0.85	0.22	0.85
Net Receivables	0.04	-0.51	0.75	-0.09	0.83	-0.13	0.87	-0.4	0.87	-0.65	0.8	0.83	0.79		-0.84	0.71	0.72	0.98	-0.51	0.65	0.36	0.86	-0.12	0.84	-0.11	0.84
Common Stock Shares Outstanding	0.14	0.58	-0.61	0.02	-0.78	-0.01	-0.72	0.42	-0.81	0.47	-0.67	-0.71	-0.66	-0.84		-0.7	-0.57	-0.82	0.48	-0.55	-0.39	-0.75	0.26	-0.75	-0.02	-0.75
Non Current Liabilities Total	-0.52	-0.41	0.65	-0.6	0.9	-0.6	0.42	-0.78	0.88	-0.81	0.36	0.5	0.35	0.71	-0.7		0.19	0.64	-0.04	0.69	-0.17	0.62	-0.61	0.7	-0.53	0.7
Capital Lease Obligations	0.17	-0.73	0.2	0.27	0.58	0.17	0.96	0.04	0.63	-0.46	0.94	0.85	0.94	0.72	-0.57	0.19		0.82	-0.64	0.04	0.42	0.76	-0.02	0.64	0.13	0.64
Inventory	0.09	-0.64	0.61	0.02	0.82	-0.04	0.94	-0.28	0.88	-0.64	0.9	0.92	0.89	0.98	-0.82	0.64	0.82		-0.62	0.49	0.42	0.92	-0.09	0.89	-0.02	0.89
Other Current Assets	-0.64	0.64	0.05	-0.74	-0.21	-0.68	-0.7	-0.53	-0.37	-0.08	-0.8	-0.81	-0.8	-0.51	0.48	-0.04	-0.64	-0.62		0.18	-0.9	-0.77	-0.51	-0.72	-0.72	-0.72
Total Liab	-0.23	0.21	0.98	-0.55	0.54	-0.48	0.22	-0.76	0.5	-0.49	0.07	0.13	0.06	0.65	-0.55	0.69	0.04	0.49	0.18		-0.11	0.22	-0.25	0.28	-0.47	0.28
Net Invested Capital	0.82	-0.27	0.02	0.86	-0.09	0.86	0.46	0.62	0.06	0.42	0.53	0.52	0.54	0.36	-0.39	-0.17	0.42	0.42	-0.9	-0.11		0.49	0.75	0.44	0.89	0.44
Property Plant And Equipment Gross	0.11	-0.83	0.32	0.15	0.78	0.07	0.9	-0.1	0.87	-0.56	0.93	0.99	0.93	0.86	-0.75	0.62	0.76	0.92	-0.77	0.22	0.49		-0.07	0.98	0.13	0.98
Total Current Assets	0.98	0.31	-0.15	0.81	-0.63	0.82	-0.05	0.81	-0.5	0.74	0.02	-0.02	0.03	-0.12	0.26	-0.61	-0.02	-0.09	-0.51	-0.25	0.75	-0.07		-0.11	0.82	-0.11
Capital Stock	0.06	-0.79	0.35	0.08	0.79	0.0	0.82	-0.16	0.89	-0.58	0.85	0.94	0.85	0.84	-0.75	0.7	0.64	0.89	-0.72	0.28	0.44	0.98	-0.11		0.08	1.0
Net Working Capital	0.83	-0.1	-0.38	0.98	-0.47	0.99	0.09	0.86	-0.33	0.74	0.21	0.18	0.22	-0.11	-0.02	-0.53	0.13	-0.02	-0.72	-0.47	0.89	0.13	0.82	0.08		0.08
Common Stock	0.06	-0.79	0.35	0.08	0.79	0.01	0.82	-0.16	0.89	-0.57	0.85	0.94	0.85	0.84	-0.75	0.7	0.64	0.89	-0.72	0.28	0.44	0.98	-0.11	1.0	0.08

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Lendway Tax Provision vs Ebit Analysis

Tax Provision vs Ebit

Tax Provision vs Ebit Correlation Analysis

Correlation Coefficient

Tax Provision

Ebit

Lendway fundamental ratios Correlations

Lendway Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Lendway Stock Analysis

COMMON DESTINATIONS

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COMPANY

Other Assets	+ 1.0	Non Current Assets Total
Common Stock	+ 1.0	Capital Stock
Net Working Capital	+ 0.99	Net Tangible Assets
Property Plant And Equipment Gross	+ 0.99	Non Currrent Assets Other
Total Current Assets	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities

Cash	- 0.91	Other Liab
Net Invested Capital	- 0.9	Other Current Assets
Cash	- 0.85	Accounts Payable
Non Currrent Assets Other	- 0.85	Other Current Liab
Common Stock Shares Outstanding	- 0.84	Net Receivables
Other Assets	- 0.84	Other Current Liab