Lemonade Operating Income vs Income Tax Expense 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 Operating Income and its Income Tax Expense 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.
Operating Income vs Income Tax Expense
Operating Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lemonade Operating Income account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Lemonade's Operating Income and Income Tax Expense is 0.09. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Lemonade, assuming nothing else is changed. The correlation between historical values of Lemonade's Operating Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Lemonade are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Operating Income i.e., Lemonade's Operating Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Lemonade operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lemonade is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Tax Expense
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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.