Lovesac Other Operating Expenses vs Net Income Analysis

LOVE Stock  USD 37.10  1.37  3.56%   
Lovesac financial indicator trend analysis is infinitely more than just investigating Lovesac recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lovesac is a good investment. Please check the relationship between Lovesac Other Operating Expenses and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Lovesac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lovesac Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lovesac's Other Operating Expenses and Net Income is 0.84. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of The Lovesac, assuming nothing else is changed. The correlation between historical values of Lovesac's Other Operating Expenses and Net Income 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 Operating Expenses of The Lovesac are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Lovesac's Other Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lovesac. It is also known as Lovesac overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Lovesac financial statement analysis. It represents the amount of money remaining after all of The Lovesac operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Lovesac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lovesac 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 The Lovesac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At present, Lovesac's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 35.12, whereas Selling General Administrative is forecasted to decline to about 132.7 M.
 2023 2024 (projected)
Depreciation And Amortization12.6M6.5M
Interest Income582.2K717.0K

Lovesac fundamental ratios Correlations

0.94-0.010.890.980.950.990.980.80.690.850.860.790.980.870.93-0.710.790.970.720.780.830.38-0.710.970.78
0.94-0.190.840.950.960.950.890.740.540.710.850.80.890.810.84-0.720.80.960.660.780.90.59-0.720.860.83
-0.01-0.19-0.12-0.09-0.31-0.090.12-0.190.470.25-0.25-0.360.120.140.160.24-0.36-0.050.12-0.13-0.23-0.590.240.16-0.3
0.890.84-0.120.880.90.870.830.970.510.660.950.880.810.620.72-0.70.880.830.520.710.850.32-0.70.820.84
0.980.95-0.090.880.961.00.940.770.590.760.890.840.940.840.89-0.80.840.980.690.820.80.51-0.80.910.85
0.950.96-0.310.90.960.960.880.840.480.70.920.880.870.750.81-0.770.880.940.620.80.880.55-0.770.850.85
0.990.95-0.090.871.00.960.940.770.590.770.890.840.940.850.89-0.80.840.980.70.820.80.51-0.80.920.85
0.980.890.120.830.940.880.940.720.810.930.750.661.00.940.98-0.60.660.940.780.740.80.27-0.61.00.66
0.80.74-0.190.970.770.840.770.720.410.580.910.850.70.460.58-0.60.850.720.40.60.830.21-0.60.720.74
0.690.540.470.510.590.480.590.810.410.930.30.140.820.840.87-0.130.140.580.610.370.56-0.19-0.130.850.18
0.850.710.250.660.760.70.770.930.580.930.50.40.930.930.95-0.30.40.760.80.530.680.03-0.30.950.36
0.860.85-0.250.950.890.920.890.750.910.30.50.970.730.540.62-0.860.970.860.460.770.790.51-0.860.720.95
0.790.8-0.360.880.840.880.840.660.850.140.40.970.640.460.53-0.841.00.810.480.750.70.61-0.840.620.95
0.980.890.120.810.940.870.941.00.70.820.930.730.640.950.98-0.590.640.930.790.730.790.27-0.591.00.65
0.870.810.140.620.840.750.850.940.460.840.930.540.460.950.99-0.470.460.860.850.680.670.3-0.470.930.51
0.930.840.160.720.890.810.890.980.580.870.950.620.530.980.99-0.520.530.890.810.690.730.26-0.520.980.56
-0.71-0.720.24-0.7-0.8-0.77-0.8-0.6-0.6-0.13-0.3-0.86-0.84-0.59-0.47-0.52-0.84-0.78-0.37-0.81-0.53-0.581.0-0.55-0.9
0.790.8-0.360.880.840.880.840.660.850.140.40.971.00.640.460.53-0.840.810.480.750.70.61-0.840.620.95
0.970.96-0.050.830.980.940.980.940.720.580.760.860.810.930.860.89-0.780.810.760.840.80.52-0.780.910.82
0.720.660.120.520.690.620.70.780.40.610.80.460.480.790.850.81-0.370.480.760.680.550.29-0.370.770.43
0.780.78-0.130.710.820.80.820.740.60.370.530.770.750.730.680.69-0.810.750.840.680.680.4-0.810.70.79
0.830.9-0.230.850.80.880.80.80.830.560.680.790.70.790.670.73-0.530.70.80.550.680.35-0.530.790.67
0.380.59-0.590.320.510.550.510.270.21-0.190.030.510.610.270.30.26-0.580.610.520.290.40.35-0.580.210.69
-0.71-0.720.24-0.7-0.8-0.77-0.8-0.6-0.6-0.13-0.3-0.86-0.84-0.59-0.47-0.521.0-0.84-0.78-0.37-0.81-0.53-0.58-0.55-0.9
0.970.860.160.820.910.850.921.00.720.850.950.720.621.00.930.98-0.550.620.910.770.70.790.21-0.550.61
0.780.83-0.30.840.850.850.850.660.740.180.360.950.950.650.510.56-0.90.950.820.430.790.670.69-0.90.61
Click cells to compare fundamentals

Lovesac Account Relationship Matchups

Lovesac fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets125.7M171.0M371.6M418.1M482.2M506.3M
Short Long Term Debt Total405.0782.3K113.0M157.9M175.5M184.3M
Other Current Liab10.9M(6.0B)54.9M35.6M53.4M56.0M
Total Current Liabilities32.4M56.3M118.8M88.8M106.4M56.9M
Total Stockholder Equity90.2M107.9M156.2M193.3M217.5M228.4M
Other Liab1.1M1.6M3.1M6.7M7.8M8.1M
Net Tangible Assets88.7M107.9M154.7M191.7M220.5M231.5M
Property Plant And Equipment Net23.1M25.9M135.0M191.2M226.7M238.0M
Current Deferred Revenue1.7M6.0M13.3M6.8M8.3M4.8M
Net Debt(48.5M)(78.3M)20.6M114.3M88.5M92.9M
Retained Earnings(78.2M)(63.4M)(17.5M)10.7M34.4M36.1M
Accounts Payable19.9M24.3M33.2M24.6M28.8M21.4M
Cash48.5M78.3M92.4M43.5M87.0M50.0M
Non Current Assets Total24.7M27.6M146.4M224.0M267.7M281.1M
Non Currrent Assets Other146.0K90.7K1.0M21.9M28.7M30.1M
Other Assets146.0K90.7K9.8M31.3M36.0M37.8M
Cash And Short Term Investments48.5M78.3M92.4M43.5M87.0M50.0M
Net Receivables7.2M6.0M8.5M9.5M13.5M14.1M
Common Stock Shares Outstanding14.3M15.3M16.1M16.0M16.5M15.6M
Short Term Investments892.6K997K421K662K761.3K687.1K
Liabilities And Stockholders Equity125.7M171.0M371.6M418.1M482.2M506.3M
Non Current Liabilities Total3.1M6.7M96.6M136.0M158.3M166.2M
Capital Surpluse79.9M141.7M168.3M171.4M197.1M122.0M
Inventory36.4M50.4M108.5M120.0M98.4M57.4M
Other Current Assets8.8M8.7M24.6M21.1M15.5M10.7M
Other Stockholder Equity168.3M171.4M173.8M182.6M183.1M151.6M
Total Liab35.5M63.1M215.4M224.8M264.7M277.9M
Deferred Long Term Liab48.1K219.1K146.0K6.7M7.8M8.1M
Property Plant And Equipment Gross23.8M25.9M135.0M191.2M269.0M282.5M
Total Current Assets100.9M143.4M225.2M194.0M214.4M124.5M
Short Term Debt405.0750.9K45.2M21.9M35.3M37.0M
Intangible Assets1.4M1.5M1.4M1.4M1.5M1.2M
Property Plant Equipment23.8M25.9M135.0M191.2M219.9M230.8M
Net Invested Capital90.2M107.9M156.2M193.3M217.5M136.3M

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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 Lovesac is a strong investment it is important to analyze Lovesac'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 Lovesac's future performance. For an informed investment choice regarding Lovesac Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Lovesac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Household Durables 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 Lovesac. If investors know Lovesac 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 Lovesac listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.137
Earnings Share
0.55
Revenue Per Share
44.625
Quarterly Revenue Growth
0.013
Return On Assets
0.0144
The market value of Lovesac is measured differently than its book value, which is the value of Lovesac that is recorded on the company's balance sheet. Investors also form their own opinion of Lovesac's value that differs from its market value or its book value, called intrinsic value, which is Lovesac'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 Lovesac's market value can be influenced by many factors that don't directly affect Lovesac'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 Lovesac's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lovesac is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lovesac'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.