Lifeist Ptb Ratio vs Average Payables Analysis

LFST Stock   0.04  0.01  12.50%   
Lifeist Wellness financial indicator trend analysis is infinitely more than just investigating Lifeist Wellness recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifeist Wellness is a good investment. Please check the relationship between Lifeist Wellness Ptb Ratio and its Average Payables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifeist Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Ptb Ratio vs Average Payables

Ptb Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lifeist Wellness Ptb Ratio account and Average Payables. At this time, the significance of the direction appears to have pay attention.
The correlation between Lifeist Wellness' Ptb Ratio and Average Payables is -0.91. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Average Payables in the same time period over historical financial statements of Lifeist Wellness, assuming nothing else is changed. The correlation between historical values of Lifeist Wellness' Ptb Ratio and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Lifeist Wellness are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Ptb Ratio i.e., Lifeist Wellness' Ptb Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
Most indicators from Lifeist Wellness' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lifeist Wellness 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 Lifeist Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Lifeist Wellness' Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 18.3 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.64 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.0M5.3M6.1M3.7M
Total Revenue22.1M21.7M24.9M23.2M

Lifeist Wellness fundamental ratios Correlations

-0.07-0.331.00.790.90.960.720.990.96-0.150.59-0.680.860.780.790.530.820.95-0.71.00.9-0.670.96-0.931.0
-0.070.91-0.14-0.55-0.43-0.34-0.45-0.02-0.330.90.090.47-0.560.29-0.620.170.31-0.230.71-0.140.23-0.02-0.320.4-0.05
-0.330.91-0.4-0.74-0.67-0.57-0.61-0.31-0.550.740.040.61-0.730.17-0.740.14-0.04-0.510.87-0.4-0.10.09-0.550.61-0.33
1.0-0.14-0.40.830.930.970.750.980.98-0.20.57-0.710.890.750.830.510.790.97-0.751.00.88-0.660.98-0.951.0
0.79-0.55-0.740.830.940.890.880.790.89-0.540.36-0.880.970.370.960.030.520.89-0.90.830.59-0.460.91-0.880.79
0.9-0.43-0.670.930.940.970.840.90.97-0.390.35-0.840.970.510.950.280.680.97-0.870.930.75-0.510.97-0.970.9
0.96-0.34-0.570.970.890.970.80.941.0-0.370.47-0.780.960.640.920.440.70.96-0.830.970.8-0.560.99-0.970.95
0.72-0.45-0.610.750.880.840.80.750.8-0.360.49-0.960.850.230.840.00.610.84-0.80.750.64-0.440.82-0.760.72
0.99-0.02-0.310.980.790.90.940.750.94-0.060.54-0.720.840.730.770.450.880.97-0.670.980.94-0.620.95-0.90.99
0.96-0.33-0.550.980.890.971.00.80.94-0.390.52-0.770.960.680.920.460.680.96-0.840.980.79-0.621.0-0.980.95
-0.150.90.74-0.2-0.54-0.39-0.37-0.36-0.06-0.39-0.120.35-0.57-0.01-0.640.010.39-0.190.66-0.20.260.13-0.360.42-0.11
0.590.090.040.570.360.350.470.490.540.52-0.12-0.30.410.590.340.470.40.45-0.410.570.47-0.840.52-0.470.59
-0.680.470.61-0.71-0.88-0.84-0.78-0.96-0.72-0.770.35-0.3-0.83-0.2-0.860.04-0.59-0.820.73-0.71-0.610.29-0.790.74-0.67
0.86-0.56-0.730.890.970.970.960.850.840.96-0.570.41-0.830.490.990.270.530.91-0.930.890.63-0.520.96-0.960.85
0.780.290.170.750.370.510.640.230.730.68-0.010.59-0.20.490.440.730.550.58-0.250.750.65-0.630.65-0.620.77
0.79-0.62-0.740.830.960.950.920.840.770.92-0.640.34-0.860.990.440.220.450.86-0.890.830.55-0.440.92-0.920.78
0.530.170.140.510.030.280.440.00.450.460.010.470.040.270.730.220.310.32-0.170.510.45-0.540.4-0.470.51
0.820.31-0.040.790.520.680.70.610.880.680.390.4-0.590.530.550.450.310.82-0.350.790.98-0.450.71-0.630.84
0.95-0.23-0.510.970.890.970.960.840.970.96-0.190.45-0.820.910.580.860.320.82-0.790.970.88-0.590.97-0.940.96
-0.70.710.87-0.75-0.9-0.87-0.83-0.8-0.67-0.840.66-0.410.73-0.93-0.25-0.89-0.17-0.35-0.79-0.75-0.450.54-0.840.88-0.7
1.0-0.14-0.41.00.830.930.970.750.980.98-0.20.57-0.710.890.750.830.510.790.97-0.750.88-0.660.98-0.951.0
0.90.23-0.10.880.590.750.80.640.940.790.260.47-0.610.630.650.550.450.980.88-0.450.88-0.530.8-0.740.91
-0.67-0.020.09-0.66-0.46-0.51-0.56-0.44-0.62-0.620.13-0.840.29-0.52-0.63-0.44-0.54-0.45-0.590.54-0.66-0.53-0.610.66-0.67
0.96-0.32-0.550.980.910.970.990.820.951.0-0.360.52-0.790.960.650.920.40.710.97-0.840.980.8-0.61-0.970.96
-0.930.40.61-0.95-0.88-0.97-0.97-0.76-0.9-0.980.42-0.470.74-0.96-0.62-0.92-0.47-0.63-0.940.88-0.95-0.740.66-0.97-0.92
1.0-0.05-0.331.00.790.90.950.720.990.95-0.110.59-0.670.850.770.780.510.840.96-0.71.00.91-0.670.96-0.92
Click cells to compare fundamentals

Lifeist Wellness Account Relationship Matchups

Lifeist Wellness fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.2M38.0M20.7M13.4M12.1M11.5M
Other Current Liab4.6M1.3M2.5M539K485.1K460.8K
Total Current Liabilities9.7M11.2M7.1M9.1M8.2M7.4M
Total Stockholder Equity29.3M26.1M13.4M3.5M3.1M3.0M
Retained Earnings(152.8M)(176.6M)(192.1M)(206.2M)(185.6M)(194.9M)
Accounts Payable1.9M1.9M2.2M2.6M2.4M1.9M
Cash10.3M12.7M3.8M1.5M1.3M1.2M
Non Current Assets Total13.1M10.4M5.6M4.6M4.2M3.9M
Net Receivables3.5M3.4M3.3M2.1M2.4M3.1M
Common Stock Shares Outstanding324.0M404.7M21.0M27.9M25.1M23.8M
Non Current Liabilities Total588.0K674.5K183.5K868.7K781.8K705.7K
Inventory8.1M5.4M4.5M4.5M4.1M4.6M
Total Liab10.2M11.9M7.3M9.9M11.4M10.4M
Net Invested Capital29.3M26.1M13.4M3.5M3.1M3.0M
Long Term Investments882.0K362.6K76.3K35.8K32.2K30.6K
Total Current Assets26.2M27.6M15.1M8.8M7.9M7.5M
Capital Stock134.0M153.9M156.3M160.0M184.0M151.1M
Net Working Capital16.5M16.4M7.9M(290.9K)(261.8K)(248.7K)
Intangible Assets6.1M5.2M1.4M1.5M1.4M1.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Lifeist Stock Analysis

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