Lemonade Other Current Assets vs Common Stock Shares Outstanding Analysis

LMND Stock  USD 49.16  0.77  1.54%   
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 Other Current Assets and its Common Stock Shares Outstanding 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.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lemonade Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Lemonade's Other Current Assets and Common Stock Shares Outstanding is 0.14. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Lemonade, assuming nothing else is changed. The correlation between historical values of Lemonade's Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Lemonade are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Lemonade's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Amortization3.7M12.2M20M10.4M
Tax Provision7.7M3M7.1M7.5M

Lemonade fundamental ratios Correlations

0.270.50.940.940.920.96-0.69-0.880.970.740.71-0.730.241.00.960.310.90.490.920.950.90.960.90.740.87
0.270.970.220.240.50.32-0.12-0.690.410.180.450.34-0.040.30.440.40.080.960.60.370.540.30.250.60.69
0.50.970.450.460.70.51-0.31-0.840.620.380.610.13-0.020.530.630.410.290.990.780.570.730.510.480.70.83
0.940.220.450.920.940.91-0.6-0.80.940.650.73-0.720.140.930.880.390.880.410.890.850.930.910.870.620.79
0.940.240.460.920.890.89-0.61-0.780.920.660.88-0.74-0.10.960.860.330.90.480.850.850.840.850.970.530.77
0.920.50.70.940.890.88-0.61-0.920.950.680.81-0.540.090.930.90.390.810.670.980.870.990.890.870.730.92
0.960.320.510.910.890.88-0.47-0.880.920.540.68-0.740.320.940.960.540.930.490.90.870.90.960.790.820.88
-0.69-0.12-0.31-0.6-0.61-0.61-0.470.56-0.7-1.0-0.360.3-0.11-0.71-0.610.42-0.38-0.33-0.59-0.82-0.55-0.58-0.75-0.35-0.53
-0.88-0.69-0.84-0.8-0.78-0.92-0.880.56-0.91-0.63-0.710.38-0.24-0.88-0.93-0.44-0.71-0.83-0.98-0.89-0.94-0.87-0.75-0.89-1.0
0.970.410.620.940.920.950.92-0.7-0.910.760.74-0.570.150.980.970.320.80.610.940.960.930.930.910.720.89
0.740.180.380.650.660.680.54-1.0-0.630.760.41-0.320.130.760.68-0.340.430.390.660.870.620.640.790.430.6
0.710.450.610.730.880.810.68-0.36-0.710.740.41-0.5-0.440.750.640.420.730.640.770.60.750.610.860.370.7
-0.730.340.13-0.72-0.74-0.54-0.740.30.38-0.57-0.32-0.5-0.18-0.7-0.57-0.3-0.910.13-0.48-0.53-0.52-0.68-0.63-0.35-0.4
0.24-0.04-0.020.14-0.10.090.32-0.11-0.240.150.13-0.44-0.180.160.330.120.17-0.080.180.280.20.38-0.180.620.27
1.00.30.530.930.960.930.94-0.71-0.880.980.760.75-0.70.160.950.290.880.530.920.960.90.940.930.710.87
0.960.440.630.880.860.90.96-0.61-0.930.970.680.64-0.570.330.950.410.80.620.930.950.90.960.810.840.92
0.310.40.410.390.330.390.540.42-0.440.32-0.340.42-0.30.120.290.410.50.360.420.140.460.360.120.50.46
0.90.080.290.880.90.810.93-0.38-0.710.80.430.73-0.910.170.880.80.50.290.780.730.790.860.780.630.73
0.490.960.990.410.480.670.49-0.33-0.830.610.390.640.13-0.080.530.620.360.290.760.570.690.480.50.660.82
0.920.60.780.890.850.980.9-0.59-0.980.940.660.77-0.480.180.920.930.420.780.760.890.990.90.830.830.98
0.950.370.570.850.850.870.87-0.82-0.890.960.870.6-0.530.280.960.950.140.730.570.890.860.910.870.750.87
0.90.540.730.930.840.990.9-0.55-0.940.930.620.75-0.520.20.90.90.460.790.690.990.860.90.80.80.94
0.960.30.510.910.850.890.96-0.58-0.870.930.640.61-0.680.380.940.960.360.860.480.90.910.90.780.810.87
0.90.250.480.870.970.870.79-0.75-0.750.910.790.86-0.63-0.180.930.810.120.780.50.830.870.80.780.440.73
0.740.60.70.620.530.730.82-0.35-0.890.720.430.37-0.350.620.710.840.50.630.660.830.750.80.810.440.91
0.870.690.830.790.770.920.88-0.53-1.00.890.60.7-0.40.270.870.920.460.730.820.980.870.940.870.730.91
Click cells to compare fundamentals

Lemonade Account Relationship Matchups

Lemonade fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets414.3M828.7M1.5B1.7B1.3B933.0M
Other Current Liab(4.6M)(18.1M)(29.8M)(19.5M)145.3M152.6M
Total Current Liabilities4.6M14.4M19.7M19.5M201.2M211.3M
Total Stockholder Equity(182.5M)541M988.2M866.8M708.9M451.8M
Other Liab28.8M48.2M155.3M85.3M98.1M61.1M
Net Tangible Assets(183.1M)540.4M987.6M815.3M937.6M984.5M
Property Plant And Equipment Net3.1M5.7M33.6M46M34.8M19.6M
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 Payable4.6M14.4M19.7M19.5M23.8M13.8M
Cash270M570.8M270.6M282.5M271.5M280.4M
Non Current Assets Total64.3M12.9M836M71.1M477.4M501.3M
Non Currrent Assets Other(64.3M)(12.9M)(836M)(776.5M)35.8M37.6M
Other Assets(55.3M)97.9M(629.2M)1.1B1.00.95
Cash And Short Term Investments330.6M577.4M1.1B1.0B937.7M641.0M
Net Receivables74.7M140.5M231.3M362.4M381.3M193.9M
Short Term Investments60.6M6.6M801.8M750.1M301.3M305.3M
Liabilities And Stockholders Equity414.3M828.7M1.5B1.7B1.3B933.0M
Non Current Liabilities Total68M22.4M60.8M19.5M388.5M407.9M
Capital Surpluse15.7M859.8M1.6B1.8B2.0B2.1B
Other Current Assets382M663.8M595.1M833.6M821.2M544.8M
Other Stockholder Equity(464.5M)859.8M1.6B1.8B1.8B1.9B
Total Liab4.6M287.7M522.3M823.9M589.7M388.1M
Total Current Assets405.3M717.9M1.3B565.9M821.2M628.4M
Property Plant Equipment3.1M5.7M11.7M19.6M22.5M23.7M
Inventory(382M)(663.8M)(595.1M)(1.7B)(1.3B)(1.3B)
Net Invested Capital(182.5M)541M988.2M866.8M723.8M524.0M
Long Term Investments60.6M6.6M801.8M750.1M673.2M421.9M

Also Currently Popular

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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.