Lotus Payables Turnover vs Price To Sales Ratio Analysis
LOT Stock | 4.00 0.19 4.53% |
Lotus Technology financial indicator trend analysis is infinitely more than just investigating Lotus Technology American recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lotus Technology American is a good investment. Please check the relationship between Lotus Technology Payables Turnover and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lotus Technology American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Payables Turnover vs Price To Sales Ratio
Payables Turnover vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lotus Technology American Payables Turnover account and Price To Sales Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lotus Technology's Payables Turnover and Price To Sales Ratio is 0.8. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Lotus Technology American, assuming nothing else is changed. The correlation between historical values of Lotus Technology's Payables Turnover and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Lotus Technology American are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Payables Turnover i.e., Lotus Technology's Payables Turnover and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Lotus Technology American stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Lotus Technology sales, a figure that is much harder to manipulate than other Lotus Technology American multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from Lotus Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lotus Technology American 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 Lotus Technology American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. Tax Provision is likely to drop to about 868.8 K in 2024. Selling General Administrative is likely to drop to about 127.5 M in 2024
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 2.1M | 28.2M | 55.0M | 31.3M | Interest Income | 6.2M | 12.2M | 9.2M | 10.1M |
Lotus Technology fundamental ratios Correlations
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Lotus Technology Account Relationship Matchups
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When running Lotus Technology's price analysis, check to measure Lotus Technology'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 Lotus Technology is operating at the current time. Most of Lotus Technology's value examination focuses on studying past and present price action to predict the probability of Lotus Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lotus Technology's price. Additionally, you may evaluate how the addition of Lotus Technology to your portfolios can decrease your overall portfolio volatility.