LENZ Gross Profit vs Net Income From Continuing Ops Analysis

LENZ Stock   37.30  1.05  2.90%   
LENZ Therapeutics financial indicator trend analysis is infinitely more than just investigating LENZ Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LENZ Therapeutics is a good investment. Please check the relationship between LENZ Therapeutics Gross Profit and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LENZ Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy LENZ Stock please use our How to Invest in LENZ Therapeutics guide.

Gross Profit vs Net Income From Continuing Ops

Gross Profit vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LENZ Therapeutics Gross Profit account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between LENZ Therapeutics' Gross Profit and Net Income From Continuing Ops is -0.33. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of LENZ Therapeutics, assuming nothing else is changed. The correlation between historical values of LENZ Therapeutics' Gross Profit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of LENZ Therapeutics are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Gross Profit i.e., LENZ Therapeutics' Gross Profit and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of LENZ Therapeutics minus its cost of goods sold. It is profit before LENZ Therapeutics 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.

Net Income From Continuing Ops

Most indicators from LENZ Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LENZ Therapeutics 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 LENZ Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy LENZ Stock please use our How to Invest in LENZ Therapeutics guide.At this time, LENZ Therapeutics' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 0.73 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.8 M in 2024.
 2023 2024 (projected)
Interest Expense36K48K
Depreciation And Amortization2.4M2.6M

LENZ Therapeutics fundamental ratios Correlations

0.430.350.321.0-0.85-0.740.851.0-0.410.441.0-0.830.780.290.720.97-0.350.840.910.35-0.640.60.350.59-0.35
0.430.710.750.4-0.180.080.240.40.270.810.41-0.440.730.570.680.250.510.690.34-0.550.09-0.09-0.53-0.130.51
0.350.711.00.3-0.28-0.280.290.35-0.050.930.35-0.730.310.160.290.280.00.320.280.0-0.140.140.00.130.0
0.320.751.00.26-0.22-0.230.230.31-0.010.940.31-0.70.330.220.320.230.060.310.23-0.07-0.120.11-0.060.10.06
1.00.40.30.26-0.86-0.730.861.0-0.40.391.0-0.80.770.270.710.97-0.350.840.920.35-0.620.60.360.59-0.35
-0.85-0.18-0.28-0.22-0.860.66-0.99-0.880.37-0.18-0.880.72-0.380.25-0.27-0.920.47-0.72-0.96-0.490.38-0.36-0.48-0.380.47
-0.740.08-0.28-0.23-0.730.66-0.62-0.750.7-0.32-0.750.83-0.32-0.05-0.35-0.810.8-0.26-0.58-0.850.92-0.89-0.84-0.90.8
0.850.240.290.230.86-0.99-0.620.88-0.260.20.88-0.70.43-0.210.310.92-0.370.770.960.41-0.330.340.430.36-0.37
1.00.40.350.311.0-0.88-0.750.88-0.40.421.0-0.830.740.230.680.98-0.360.840.930.37-0.620.590.380.58-0.36
-0.410.27-0.05-0.01-0.40.370.7-0.26-0.4-0.08-0.410.48-0.070.04-0.11-0.440.890.01-0.37-0.720.72-0.47-0.55-0.480.89
0.440.810.930.940.39-0.18-0.320.20.42-0.080.42-0.740.570.520.580.310.080.390.24-0.09-0.310.3-0.080.270.08
1.00.410.350.311.0-0.88-0.750.881.0-0.410.42-0.830.750.240.690.98-0.360.840.920.37-0.620.590.380.59-0.36
-0.83-0.44-0.73-0.7-0.80.720.83-0.7-0.830.48-0.74-0.83-0.53-0.17-0.52-0.820.48-0.54-0.69-0.50.68-0.65-0.5-0.650.48
0.780.730.310.330.77-0.38-0.320.430.74-0.070.570.75-0.530.780.990.620.190.830.57-0.21-0.410.4-0.190.360.19
0.290.570.160.220.270.25-0.05-0.210.230.040.520.24-0.170.780.860.080.360.32-0.06-0.38-0.350.34-0.360.280.36
0.720.680.290.320.71-0.27-0.350.310.68-0.110.580.69-0.520.990.860.550.160.720.45-0.18-0.490.47-0.160.430.16
0.970.250.280.230.97-0.92-0.810.920.98-0.440.310.98-0.820.620.080.55-0.480.750.920.52-0.650.640.530.64-0.48
-0.350.510.00.06-0.350.470.8-0.37-0.360.890.08-0.360.480.190.360.16-0.480.15-0.35-0.950.7-0.56-0.85-0.61.0
0.840.690.320.310.84-0.72-0.260.770.840.010.390.84-0.540.830.320.720.750.150.85-0.17-0.140.13-0.150.110.15
0.910.340.280.230.92-0.96-0.580.960.93-0.370.240.92-0.690.57-0.060.450.92-0.350.850.31-0.360.290.290.3-0.35
0.35-0.550.0-0.070.35-0.49-0.850.410.37-0.72-0.090.37-0.5-0.21-0.38-0.180.52-0.95-0.170.31-0.730.690.970.73-0.95
-0.640.09-0.14-0.12-0.620.380.92-0.33-0.620.72-0.31-0.620.68-0.41-0.35-0.49-0.650.7-0.14-0.36-0.73-0.94-0.71-0.940.7
0.6-0.090.140.110.6-0.36-0.890.340.59-0.470.30.59-0.650.40.340.470.64-0.560.130.290.69-0.940.751.0-0.56
0.35-0.530.0-0.060.36-0.48-0.840.430.38-0.55-0.080.38-0.5-0.19-0.36-0.160.53-0.85-0.150.290.97-0.710.750.79-0.85
0.59-0.130.130.10.59-0.38-0.90.360.58-0.480.270.59-0.650.360.280.430.64-0.60.110.30.73-0.941.00.79-0.6
-0.350.510.00.06-0.350.470.8-0.37-0.360.890.08-0.360.480.190.360.16-0.481.00.15-0.35-0.950.7-0.56-0.85-0.6
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LENZ Therapeutics Account Relationship Matchups

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When running LENZ Therapeutics' price analysis, check to measure LENZ Therapeutics' 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 LENZ Therapeutics is operating at the current time. Most of LENZ Therapeutics' value examination focuses on studying past and present price action to predict the probability of LENZ Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LENZ Therapeutics' price. Additionally, you may evaluate how the addition of LENZ Therapeutics to your portfolios can decrease your overall portfolio volatility.