LVLU Stock | | | USD 1.24 0.03 2.48% |
Lulus Fashion financial indicator trend analysis is infinitely more than just investigating Lulus Fashion Lounge recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lulus Fashion Lounge is a good investment. Please check the relationship between Lulus Fashion Other Current Liab and its Total Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lulus Fashion Lounge. 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.
Other Current Liab vs Total Assets
Other Current Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lulus Fashion Lounge Other Current Liab account and
Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lulus Fashion's Other Current Liab and Total Assets is 0.62. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Lulus Fashion Lounge, assuming nothing else is changed. The correlation between historical values of Lulus Fashion's Other Current Liab and Total Assets 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 Lulus Fashion Lounge are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., Lulus Fashion's Other Current Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Liab
Total Assets
Total assets refers to the total amount of Lulus Fashion assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lulus Fashion Lounge books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Lulus Fashion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lulus Fashion Lounge 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 Lulus Fashion Lounge. 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.
Selling General Administrative is likely to gain to about 92.3
M in 2024, despite the fact that
Tax Provision is likely to grow to (1.6
M).
Lulus Fashion fundamental ratios Correlations
Click cells to compare fundamentals
Lulus Fashion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lulus Fashion fundamental ratios Accounts
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measure Lulus Fashion'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 Lulus Fashion is operating at the current time. Most of Lulus Fashion's value examination focuses on studying past and present price action to
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