Lemonade Income Tax Expense vs Reconciled Depreciation Analysis
LMND Stock | USD 51.81 2.65 5.39% |
Lemonade financial indicator trend analysis is infinitely more than just investigating Lemonade recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lemonade is a good investment. Please check the relationship between Lemonade Income Tax Expense and its Reconciled Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lemonade. 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 information on how to trade Lemonade Stock refer to our How to Trade Lemonade Stock guide.
Income Tax Expense vs Reconciled Depreciation
Income Tax Expense vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lemonade Income Tax Expense account and Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lemonade's Income Tax Expense and Reconciled Depreciation is 0.82. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Lemonade, assuming nothing else is changed. The correlation between historical values of Lemonade's Income Tax Expense and Reconciled Depreciation 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 Tax Expense of Lemonade are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Income Tax Expense i.e., Lemonade's Income Tax Expense and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Income Tax Expense
Reconciled Depreciation
Most indicators from Lemonade's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lemonade 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 Lemonade. 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 information on how to trade Lemonade Stock refer to our How to Trade Lemonade Stock guide.The current year's Tax Provision is expected to grow to about 7.5 M, whereas Selling General Administrative is forecasted to decline to about 84.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.7M | 12.2M | 20M | 10.4M | Tax Provision | 7.7M | 3M | 7.1M | 7.5M |
Lemonade fundamental ratios Correlations
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Lemonade Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lemonade fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 414.3M | 828.7M | 1.5B | 1.7B | 1.3B | 933.0M | |
Other Current Liab | (4.6M) | (18.1M) | (29.8M) | (19.5M) | 145.3M | 152.6M | |
Total Current Liabilities | 4.6M | 14.4M | 19.7M | 19.5M | 201.2M | 211.3M | |
Total Stockholder Equity | (182.5M) | 541M | 988.2M | 866.8M | 708.9M | 451.8M | |
Other Liab | 28.8M | 48.2M | 155.3M | 85.3M | 98.1M | 61.1M | |
Net Tangible Assets | (183.1M) | 540.4M | 987.6M | 815.3M | 937.6M | 984.5M | |
Property Plant And Equipment Net | 3.1M | 5.7M | 33.6M | 46M | 34.8M | 19.6M | |
Net Debt | (270M) | (570.8M) | (248.3M) | (247.3M) | (228.4M) | (239.8M) | |
Retained Earnings | (198.3M) | (320.6M) | (561.9M) | (859.7M) | (1.1B) | (1.0B) | |
Accounts Payable | 4.6M | 14.4M | 19.7M | 19.5M | 23.8M | 13.8M | |
Cash | 270M | 570.8M | 270.6M | 282.5M | 271.5M | 280.4M | |
Non Current Assets Total | 64.3M | 12.9M | 836M | 71.1M | 477.4M | 501.3M | |
Non Currrent Assets Other | (64.3M) | (12.9M) | (836M) | (776.5M) | 35.8M | 37.6M | |
Other Assets | (55.3M) | 97.9M | (629.2M) | 1.1B | 1.0 | 0.95 | |
Cash And Short Term Investments | 330.6M | 577.4M | 1.1B | 1.0B | 937.7M | 641.0M | |
Net Receivables | 74.7M | 140.5M | 231.3M | 362.4M | 381.3M | 193.9M | |
Short Term Investments | 60.6M | 6.6M | 801.8M | 750.1M | 301.3M | 305.3M | |
Liabilities And Stockholders Equity | 414.3M | 828.7M | 1.5B | 1.7B | 1.3B | 933.0M | |
Non Current Liabilities Total | 68M | 22.4M | 60.8M | 19.5M | 388.5M | 407.9M | |
Capital Surpluse | 15.7M | 859.8M | 1.6B | 1.8B | 2.0B | 2.1B | |
Other Current Assets | 382M | 663.8M | 595.1M | 833.6M | 821.2M | 544.8M | |
Other Stockholder Equity | (464.5M) | 859.8M | 1.6B | 1.8B | 1.8B | 1.9B | |
Total Liab | 4.6M | 287.7M | 522.3M | 823.9M | 589.7M | 388.1M | |
Total Current Assets | 405.3M | 717.9M | 1.3B | 565.9M | 821.2M | 628.4M | |
Property Plant Equipment | 3.1M | 5.7M | 11.7M | 19.6M | 22.5M | 23.7M | |
Inventory | (382M) | (663.8M) | (595.1M) | (1.7B) | (1.3B) | (1.3B) | |
Net Invested Capital | (182.5M) | 541M | 988.2M | 866.8M | 723.8M | 524.0M | |
Long Term Investments | 60.6M | 6.6M | 801.8M | 750.1M | 673.2M | 421.9M |
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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.When determining whether Lemonade is a strong investment it is important to analyze Lemonade's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lemonade's future performance. For an informed investment choice regarding Lemonade Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lemonade. 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 information on how to trade Lemonade Stock refer to our How to Trade Lemonade Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lemonade. If investors know Lemonade will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lemonade listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.04) | Revenue Per Share 6.982 | Quarterly Revenue Growth 0.186 | Return On Assets (0.07) | Return On Equity (0.33) |
The market value of Lemonade is measured differently than its book value, which is the value of Lemonade that is recorded on the company's balance sheet. Investors also form their own opinion of Lemonade's value that differs from its market value or its book value, called intrinsic value, which is Lemonade's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lemonade's market value can be influenced by many factors that don't directly affect Lemonade's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lemonade's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lemonade is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lemonade's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.