Lamb Other Operating Expenses vs Gross Profit Analysis

LW Stock  USD 76.92  0.17  0.22%   
Lamb Weston financial indicator trend analysis is infinitely more than just investigating Lamb Weston Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lamb Weston Holdings is a good investment. Please check the relationship between Lamb Weston Other Operating Expenses and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lamb Weston Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Other Operating Expenses vs Gross Profit

Other Operating Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lamb Weston Holdings Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lamb Weston's Other Operating Expenses and Gross Profit is 0.95. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Lamb Weston Holdings, assuming nothing else is changed. The correlation between historical values of Lamb Weston's Other Operating Expenses and Gross Profit 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 Lamb Weston Holdings are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., Lamb Weston's Other Operating Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lamb Weston Holdings. It is also known as Lamb Weston 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Lamb Weston Holdings minus its cost of goods sold. It is profit before Lamb Weston operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Lamb Weston's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lamb Weston Holdings 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 Lamb Weston Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Lamb Weston's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 20.13 in 2024, whereas Selling General Administrative is likely to drop slightly above 353.2 M in 2024.
 2022 2023 2024 (projected)
Gross Profit1.4B1.8B1.0B
Total Revenue5.4B6.5B4.1B

Lamb Weston fundamental ratios Correlations

0.890.870.180.920.110.970.850.750.390.740.580.750.850.390.970.85-0.150.850.890.93-0.60.910.570.920.61
0.890.750.130.840.130.880.80.670.190.590.630.70.770.190.940.81-0.150.780.820.84-0.530.820.30.760.34
0.870.750.320.720.210.860.750.930.220.920.570.920.730.220.830.96-0.60.740.810.81-0.550.790.730.780.76
0.180.130.320.240.980.22-0.280.46-0.280.32-0.210.59-0.33-0.280.230.47-0.4-0.310.350.180.41-0.210.320.050.32
0.920.840.720.240.210.890.720.670.340.650.510.630.730.340.950.74-0.060.740.820.86-0.510.790.380.840.42
0.110.130.210.980.210.14-0.360.35-0.320.18-0.270.5-0.41-0.320.190.39-0.3-0.390.290.110.48-0.290.2-0.020.2
0.970.880.860.220.890.140.860.80.170.770.570.80.790.170.970.86-0.150.80.960.95-0.560.870.510.80.54
0.850.80.75-0.280.72-0.360.860.640.310.690.730.550.970.310.820.67-0.130.970.750.83-0.80.970.380.770.41
0.750.670.930.460.670.350.80.64-0.070.960.480.950.57-0.070.760.96-0.680.580.820.77-0.460.640.550.580.58
0.390.190.22-0.280.34-0.320.170.31-0.070.060.22-0.080.51.00.240.060.130.5-0.040.19-0.370.480.460.710.48
0.740.590.920.320.650.180.770.690.960.060.540.860.640.060.710.88-0.680.650.750.72-0.530.690.590.620.62
0.580.630.57-0.210.51-0.270.570.730.480.220.540.380.70.220.570.5-0.210.730.50.37-0.290.70.070.540.11
0.750.70.920.590.630.50.80.550.95-0.080.860.380.47-0.080.770.97-0.630.490.840.76-0.330.570.630.570.65
0.850.770.73-0.330.73-0.410.790.970.570.50.640.70.470.50.790.63-0.121.00.640.79-0.840.990.410.850.45
0.390.190.22-0.280.34-0.320.170.31-0.071.00.060.22-0.080.50.240.060.130.5-0.040.19-0.370.480.460.710.48
0.970.940.830.230.950.190.970.820.760.240.710.570.770.790.240.86-0.140.80.910.94-0.560.860.450.840.49
0.850.810.960.470.740.390.860.670.960.060.880.50.970.630.060.86-0.590.640.850.83-0.460.710.60.70.64
-0.15-0.15-0.6-0.4-0.06-0.3-0.15-0.13-0.680.13-0.68-0.21-0.63-0.120.13-0.14-0.59-0.13-0.17-0.150.2-0.14-0.43-0.14-0.44
0.850.780.74-0.310.74-0.390.80.970.580.50.650.730.491.00.50.80.64-0.130.650.78-0.810.990.410.850.45
0.890.820.810.350.820.290.960.750.82-0.040.750.50.840.64-0.040.910.85-0.170.650.89-0.40.730.440.650.46
0.930.840.810.180.860.110.950.830.770.190.720.370.760.790.190.940.83-0.150.780.89-0.710.850.510.780.54
-0.6-0.53-0.550.41-0.510.48-0.56-0.8-0.46-0.37-0.53-0.29-0.33-0.84-0.37-0.56-0.460.2-0.81-0.4-0.71-0.79-0.36-0.62-0.39
0.910.820.79-0.210.79-0.290.870.970.640.480.690.70.570.990.480.860.71-0.140.990.730.85-0.790.480.890.52
0.570.30.730.320.380.20.510.380.550.460.590.070.630.410.460.450.6-0.430.410.440.51-0.360.480.651.0
0.920.760.780.050.84-0.020.80.770.580.710.620.540.570.850.710.840.7-0.140.850.650.78-0.620.890.650.69
0.610.340.760.320.420.20.540.410.580.480.620.110.650.450.480.490.64-0.440.450.460.54-0.390.521.00.69
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Lamb Weston Account Relationship Matchups

Lamb Weston fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B4.2B4.1B6.5B7.4B4.1B
Other Current Liab179.6M208.8M268.1M521.5M353.5M240.5M
Total Current Liabilities1.0B618.2M699.1M1.4B1.6B1.7B
Total Stockholder Equity240M480.6M360.5M1.4B1.8B1.9B
Other Liab219.7M260.2M284.9M384.4M442.1M250.1M
Net Tangible Assets(102.1M)109.2M360.5M1.4B1.3B1.3B
Property Plant And Equipment Net1.7B1.7B1.7B3.0B3.7B1.9B
Net Debt2.2B2.0B2.2B3.2B3.9B2.1B
Accounts Payable244.4M337M364.3M575.2M833.8M875.5M
Cash1.4B783.5M525M304.8M71.4M67.8M
Non Currrent Assets Other(210M)10.2M172.9M244.1M140.2M147.2M
Other Assets273.1M68M52.5M1.9B2.2B2.3B
Long Term Debt3.0B2.7B2.7B3.2B3.4B2.2B
Cash And Short Term Investments1.4B783.5M525M304.8M71.4M67.8M
Net Receivables342.1M366.9M447.3M724.2M743.6M390.1M
Good Will303.8M334.5M318M1.0B1.1B1.1B
Non Current Liabilities Total3.4B3.1B3.1B3.7B4.0B2.6B
Inventory486.7M513.5M574.4M932M1.2B668.6M
Other Current Assets109.8M117.8M112.9M166.2M190.8M120.7M
Other Stockholder Equity(931.1M)(941.1M)(1.1B)(872.9M)(1.0B)(997.3M)
Total Liab4.4B3.7B3.8B5.1B5.6B3.4B
Short Long Term Debt547.5M32M32.2M213.8M382.7M401.8M
Total Current Assets2.3B1.8B1.7B2.1B2.1B1.5B
Short Term Debt575.9M61.1M54.6M242.3M412M432.6M
Intangible Assets38.3M36.9M33.7M110.2M104.9M55.6M
Common Stock147M147.6M148M150.3M150.7M143.2M
Property Plant Equipment1.7B1.7B1.7B3.0B3.4B3.6B
Short Long Term Debt Total3.6B2.8B2.8B3.5B4.0B2.6B
Long Term Debt Total3.0B2.7B2.7B3.2B3.7B2.3B
Liabilities And Stockholders Equity4.7B4.2B4.1B6.5B7.4B4.3B
Property Plant And Equipment Gross1.7B1.7B1.7B3.0B5.8B6.1B
Accumulated Other Comprehensive Income(40.5M)29.5M(15.6M)(26.8M)(12.9M)(13.5M)
Long Term Investments250.2M310.2M257.4M43.5M39.2M37.2M
Non Current Liabilities Other252.3M245.5M211.9M247.8M258.2M184.9M
Current Deferred Revenue25M12.1M172.5M427.4M471.6M495.2M
Retained Earnings1.1B1.2B1.3B2.2B2.7B1.4B
Common Stock Total Equity147M147.6M148M150.3M172.8M162.2M
Retained Earnings Total Equity1.1B1.2B1.3B2.2B2.5B2.6B

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When running Lamb Weston's price analysis, check to measure Lamb Weston'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 Lamb Weston is operating at the current time. Most of Lamb Weston's value examination focuses on studying past and present price action to predict the probability of Lamb Weston's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lamb Weston's price. Additionally, you may evaluate how the addition of Lamb Weston to your portfolios can decrease your overall portfolio volatility.