Lion Income Before Tax vs Depreciation And Amortization Analysis
LGHLW Stock | USD 0.01 0.0001 1.32% |
Lion Financial financial indicator trend analysis is infinitely more than just investigating Lion Financial Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lion Financial Group is a good investment. Please check the relationship between Lion Financial Income Before Tax and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Income Before Tax vs Depreciation And Amortization
Income Before Tax vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lion Financial Group Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lion Financial's Income Before Tax and Depreciation And Amortization is -0.68. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Lion Financial Group, assuming nothing else is changed. The correlation between historical values of Lion Financial's Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Lion Financial Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Lion Financial's Income Before Tax and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Lion Financial income statement and is an important metric when analyzing Lion Financial Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Lion Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lion Financial Group 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 Lion Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Lion Financial's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 25.41 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.2 M in 2024.
2023 | 2024 (projected) | Interest Income | 210.6K | 261.7K | Tax Provision | 1.1K | 1.0K |
Lion Financial fundamental ratios Correlations
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Lion Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Lion Financial's price analysis, check to measure Lion Financial'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 Lion Financial is operating at the current time. Most of Lion Financial's value examination focuses on studying past and present price action to predict the probability of Lion Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lion Financial's price. Additionally, you may evaluate how the addition of Lion Financial to your portfolios can decrease your overall portfolio volatility.