Lendway Total Current Liabilities vs Net Receivables 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 Total Current Liabilities and its Net Receivables 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.
Total Current Liabilities vs Net Receivables
Total Current Liabilities vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lendway Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lendway's Total Current Liabilities and Net Receivables is 0.75. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Lendway, assuming nothing else is changed. The correlation between historical values of Lendway's Total Current Liabilities and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Lendway are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., Lendway's Total Current Liabilities and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Lendway balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lendway are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Receivables
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
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Lendway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.