LX Stock | | | USD 3.40 0.01 0.29% |
Lexinfintech Holdings financial indicator trend analysis is infinitely more than just investigating Lexinfintech Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lexinfintech Holdings is a good investment. Please check the relationship between Lexinfintech Holdings Net Debt and its Total Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lexinfintech 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 interest.
For more information on how to buy Lexinfintech Stock please use our
How to Invest in Lexinfintech Holdings guide.
Net Debt vs Total Assets
Net Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lexinfintech Holdings Net Debt account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lexinfintech Holdings' Net Debt and Total Assets is 0.55. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Lexinfintech Holdings, assuming nothing else is changed. The correlation between historical values of Lexinfintech Holdings' Net Debt 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 Net Debt of Lexinfintech Holdings 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 Net Debt i.e., Lexinfintech Holdings' Net Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Total Assets
Total assets refers to the total amount of Lexinfintech Holdings 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 Lexinfintech Holdings 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 Lexinfintech Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lexinfintech 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 Lexinfintech 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 interest.
For more information on how to buy Lexinfintech Stock please use our
How to Invest in Lexinfintech Holdings guide.
Tax Provision is likely to drop to about 222.4
M in 2024.
Selling General Administrative is likely to drop to about 337.9
M in 2024
Lexinfintech Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Lexinfintech Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lexinfintech Holdings fundamental ratios Accounts
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Additional Tools for Lexinfintech Stock Analysis
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measure Lexinfintech Holdings' 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 Lexinfintech Holdings is operating at the current time. Most of Lexinfintech Holdings' value examination focuses on studying past and present price action to
predict the probability of Lexinfintech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexinfintech Holdings' price. Additionally, you may evaluate how the addition of Lexinfintech Holdings to your portfolios can decrease your overall portfolio volatility.