Lion Reconciled Depreciation vs Gross Profit 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 Reconciled Depreciation and its Gross Profit 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.
Reconciled Depreciation vs Gross Profit
Reconciled Depreciation vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lion Financial Group Reconciled Depreciation account and Gross Profit. At this time, the significance of the direction appears to have no relationship.
The correlation between Lion Financial's Reconciled Depreciation and Gross Profit is 0.04. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Gross Profit 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 Reconciled Depreciation and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Lion Financial Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Reconciled Depreciation i.e., Lion Financial's Reconciled Depreciation and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Reconciled Depreciation
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Lion Financial Group minus its cost of goods sold. It is profit before Lion Financial 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.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
Click cells to compare fundamentals
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.