LWAY Stock | | | USD 24.26 0.08 0.33% |
Lifeway Foods financial indicator trend analysis is infinitely more than just investigating Lifeway Foods recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifeway Foods is a good investment. Please check the relationship between Lifeway Foods Property Plant And Equipment Gross and its Retained Earnings accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifeway Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Lifeway Stock please use our
How to Invest in Lifeway Foods guide.
Property Plant And Equipment Gross vs Retained Earnings
Property Plant And Equipment Gross vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lifeway Foods Property Plant And Equipment Gross account and
Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lifeway Foods' Property Plant And Equipment Gross and Retained Earnings is 0.8. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Lifeway Foods, assuming nothing else is changed. The correlation between historical values of Lifeway Foods' Property Plant And Equipment Gross and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Lifeway Foods are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Gross i.e., Lifeway Foods' Property Plant And Equipment Gross and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Gross
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Lifeway Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lifeway Foods 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 Lifeway Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Lifeway Stock please use our
How to Invest in Lifeway Foods guide.At this time, Lifeway Foods'
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 291.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 8
M in 2024.
Lifeway Foods fundamental ratios Correlations
Click cells to compare fundamentals
Lifeway Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lifeway Foods fundamental ratios Accounts
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Additional Tools for Lifeway Stock Analysis
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measure Lifeway Foods' 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 Lifeway Foods is operating at the current time. Most of Lifeway Foods' value examination focuses on studying past and present price action to
predict the probability of Lifeway Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lifeway Foods' price. Additionally, you may evaluate how the addition of Lifeway Foods to your portfolios can decrease your overall portfolio volatility.