LULU Stock | | | USD 326.72 9.61 3.03% |
Lululemon Athletica financial indicator trend analysis is infinitely more than just investigating Lululemon Athletica recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lululemon Athletica is a good investment. Please check the relationship between Lululemon Athletica Other Current Liab and its Total Stockholder Equity accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lululemon Athletica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Lululemon Stock please use our
How to Invest in Lululemon Athletica guide.
Other Current Liab vs Total Stockholder Equity
Other Current Liab vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lululemon Athletica Other Current Liab account and
Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lululemon Athletica's Other Current Liab and Total Stockholder Equity is 0.91. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Lululemon Athletica, assuming nothing else is changed. The correlation between historical values of Lululemon Athletica's Other Current Liab and Total Stockholder Equity 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 Liab of Lululemon Athletica are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Current Liab i.e., Lululemon Athletica's Other Current Liab and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Current Liab
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Lululemon Athletica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lululemon Athletica 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 Lululemon Athletica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Lululemon Stock please use our
How to Invest in Lululemon Athletica guide.At this time, Lululemon Athletica's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.32 in 2024, whereas
Tax Provision is likely to drop slightly above 373.5
M in 2024.
Lululemon Athletica fundamental ratios Correlations
Click cells to compare fundamentals
Lululemon Athletica Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lululemon Athletica fundamental ratios Accounts
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Additional Tools for Lululemon Stock Analysis
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measure Lululemon Athletica'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 Lululemon Athletica is operating at the current time. Most of Lululemon Athletica's value examination focuses on studying past and present price action to
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