LW Stock | | | USD 76.71 0.12 0.16% |
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 Total Revenue and its Income Tax Expense 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.
Total Revenue vs Income Tax Expense
Total Revenue vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lamb Weston Holdings Total Revenue account and
Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lamb Weston's Total Revenue and Income Tax Expense is 0.55. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Tax Expense 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 Total Revenue and Income Tax Expense 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 Revenue of Lamb Weston Holdings are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Revenue i.e., Lamb Weston's Total Revenue and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts Lamb Weston Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Income Tax Expense
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 Profit | 1.4B | 1.8B | 1.0B | Total Revenue | 5.4B | 6.5B | 4.1B |
Lamb Weston fundamental ratios Correlations
Click cells to compare fundamentals
Lamb Weston Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lamb Weston fundamental ratios Accounts
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Additional Tools for Lamb Stock Analysis
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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.