LVLU Stock | | | USD 1.23 0.03 2.38% |
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 Total Current Liabilities and its Selling General Administrative 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.
Total Current Liabilities vs Selling General Administrative
Total Current Liabilities vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lulus Fashion Lounge Total Current Liabilities account and
Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lulus Fashion's Total Current Liabilities and Selling General Administrative is 0.68. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Selling General Administrative 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 Total Current Liabilities and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Lulus Fashion Lounge are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Liabilities i.e., Lulus Fashion's Total Current Liabilities and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Lulus Fashion balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lulus Fashion Lounge are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Selling General Administrative
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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