Leafly Depreciation vs Investments Analysis
LFLYW Stock | USD 0.03 0 18.89% |
Leafly Holdings financial indicator trend analysis is infinitely more than just investigating Leafly Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leafly Holdings is a good investment. Please check the relationship between Leafly Holdings Depreciation and its Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leafly Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Leafly Stock please use our How to Invest in Leafly Holdings guide.
Depreciation vs Investments
Depreciation vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leafly Holdings Depreciation account and Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Leafly Holdings' Depreciation and Investments is -0.22. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments in the same time period over historical financial statements of Leafly Holdings, assuming nothing else is changed. The correlation between historical values of Leafly Holdings' Depreciation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Leafly Holdings are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., Leafly Holdings' Depreciation and Investments go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Leafly Holdings value has been used up. For tax purposes Leafly Holdings can deduct the cost of the tangible assets it purchases as business expenses. However, Leafly Holdings must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Most indicators from Leafly Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leafly Holdings 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 Leafly Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Leafly Stock please use our How to Invest in Leafly Holdings guide.Selling General Administrative is likely to drop to about 20.8 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.38 in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3M | 2.8M | 2.8M | 1.7M | Depreciation And Amortization | 236.6K | 449K | 986K | 519.1K |
Leafly Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Leafly Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Leafly Stock Analysis
When running Leafly Holdings' price analysis, check to measure Leafly Holdings' 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 Leafly Holdings is operating at the current time. Most of Leafly Holdings' value examination focuses on studying past and present price action to predict the probability of Leafly Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leafly Holdings' price. Additionally, you may evaluate how the addition of Leafly Holdings to your portfolios can decrease your overall portfolio volatility.