Lexinfintech Tax Provision vs Research Development Analysis

LX Stock  USD 6.79  0.45  7.10%   
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 Tax Provision and its Research Development 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.

Tax Provision vs Research Development

Tax Provision vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lexinfintech Holdings Tax Provision account and Research Development. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lexinfintech Holdings' Tax Provision and Research Development is 0.88. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Research Development 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' Tax Provision and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Lexinfintech Holdings are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Tax Provision i.e., Lexinfintech Holdings' Tax Provision and Research Development go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Research Development

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.Sales General And Administrative To Revenue is likely to rise to 0.03 in 2025, whereas Tax Provision is likely to drop slightly above 222.4 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense55.6M50.5M58.1M53.1M
Depreciation And Amortization148.1M145.1M166.9M84.2M

Lexinfintech Holdings fundamental ratios Correlations

0.720.870.950.920.420.920.770.740.370.850.480.950.980.760.890.760.950.74-0.870.420.910.780.480.920.87
0.720.480.850.530.290.550.360.340.890.410.680.570.640.330.490.610.540.87-0.86-0.060.610.610.540.520.84
0.870.480.80.960.380.940.960.940.050.970.140.870.850.930.940.590.870.6-0.690.470.890.610.370.810.64
0.950.850.80.820.310.810.720.70.560.740.50.860.910.680.780.630.850.88-0.910.170.80.640.590.790.84
0.920.530.960.820.440.990.920.890.110.990.240.90.920.910.980.680.90.59-0.730.560.940.710.320.880.76
0.420.290.380.310.440.520.190.090.120.40.060.470.320.10.30.480.450.45-0.480.320.410.560.380.310.44
0.920.550.940.810.990.520.870.830.150.960.260.910.920.860.960.720.90.6-0.730.540.930.760.30.880.79
0.770.360.960.720.920.190.870.98-0.070.96-0.010.770.790.970.920.40.780.5-0.570.430.810.420.320.740.51
0.740.340.940.70.890.090.830.98-0.060.930.030.720.770.980.910.40.730.45-0.510.440.80.410.260.740.47
0.370.890.050.560.110.120.15-0.07-0.06-0.030.70.170.29-0.080.090.380.140.69-0.6-0.330.230.360.380.170.62
0.850.410.970.740.990.40.960.960.93-0.030.10.860.860.950.970.60.870.51-0.630.560.910.620.310.840.63
0.480.680.140.50.240.060.26-0.010.030.70.10.330.490.080.290.70.30.33-0.570.290.450.670.040.490.74
0.950.570.870.860.90.470.910.770.720.170.860.330.930.740.860.741.00.64-0.80.450.880.760.490.90.77
0.980.640.850.910.920.320.920.790.770.290.860.490.930.810.920.740.930.63-0.810.50.90.750.350.950.85
0.760.330.930.680.910.10.860.970.98-0.080.950.080.740.810.950.490.760.38-0.480.530.850.490.170.80.51
0.890.490.940.780.980.30.960.920.910.090.970.290.860.920.950.70.860.49-0.650.610.950.710.210.920.73
0.760.610.590.630.680.480.720.40.40.380.60.70.740.740.490.70.710.39-0.610.580.840.990.140.840.81
0.950.540.870.850.90.450.90.780.730.140.870.31.00.930.760.860.710.63-0.780.450.870.730.490.90.74
0.740.870.60.880.590.450.60.50.450.690.510.330.640.630.380.490.390.63-0.88-0.160.540.420.770.450.69
-0.87-0.86-0.69-0.91-0.73-0.48-0.73-0.57-0.51-0.6-0.63-0.57-0.8-0.81-0.48-0.65-0.61-0.78-0.88-0.2-0.72-0.65-0.65-0.66-0.88
0.42-0.060.470.170.560.320.540.430.44-0.330.560.290.450.50.530.610.580.45-0.16-0.20.620.6-0.240.640.38
0.910.610.890.80.940.410.930.810.80.230.910.450.880.90.850.950.840.870.54-0.720.620.840.330.940.79
0.780.610.610.640.710.560.760.420.410.360.620.670.760.750.490.710.990.730.42-0.650.60.840.160.840.84
0.480.540.370.590.320.380.30.320.260.380.310.040.490.350.170.210.140.490.77-0.65-0.240.330.160.240.27
0.920.520.810.790.880.310.880.740.740.170.840.490.90.950.80.920.840.90.45-0.660.640.940.840.240.77
0.870.840.640.840.760.440.790.510.470.620.630.740.770.850.510.730.810.740.69-0.880.380.790.840.270.77
Click cells to compare fundamentals

Lexinfintech Holdings Account Relationship Matchups

Lexinfintech Holdings fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets20.3B21.0B22.8B23.1B26.6B17.9B
Short Long Term Debt Total9.3B7.5B9.1B5.5B6.3B8.1B
Other Current Liab4.1B3.8B3.7B6.9B7.9B8.3B
Total Current Liabilities12.0B10.2B12.5B12.3B14.2B10.9B
Total Stockholder Equity5.5B8.0B8.6B9.7B11.2B11.7B
Other Liab309.6M21.0M54.3M52.6M60.4M86.1M
Net Tangible Assets6.6B4.5B7.1B7.7B8.9B9.3B
Property Plant And Equipment Net125.7M195.3M284.6M476.6M548.0M575.4M
Current Deferred Revenue694.6M419.8M894.9M1.6B1.8B1.9B
Net Debt7.7B4.8B7.6B2.9B2.6B4.7B
Retained Earnings2.1B4.2B4.9B6.8B7.9B8.3B
Accounts Payable713.9M441.5M408.5M49.8M57.3M54.4M
Cash1.6B2.7B1.5B2.6B3.0B1.6B
Non Current Assets Total3.9B4.4B5.0B4.6B5.3B3.2B
Non Currrent Assets Other1.5B1.6B2.3B3.0B3.5B3.6B
Other Assets1.5B2.1B2.5B3.0B3.4B3.6B
Long Term Debt2.7B2.6B1.5B980.1M1.1B1.3B
Cash And Short Term Investments1.6B2.7B1.5B2.8B3.2B1.7B
Net Receivables6.1B4.6B7.1B6.7B7.7B7.2B
Common Stock Shares Outstanding205.6M207.5M196.4M179.9M206.9M190.7M
Liabilities And Stockholders Equity20.3B21.0B22.8B23.1B26.6B17.9B
Non Current Liabilities Total2.8B2.8B1.6B1.1B1.3B1.5B
Capital Lease Obligations73.2M191.0M153.7M40.9M47.1M65.1M
Inventory47.2M47.8M53.9M100.8M90.7M59.3M
Other Current Assets8.6B9.3B8.8B8.9B10.2B5.2B
Other Stockholder Equity3.4B3.8B3.8B1.8B2.0B2.6B
Total Liab14.8B13.0B14.1B13.4B15.4B12.3B
Long Term Investments521.8M469.1M348.4M255.0M293.3M286.0M
Property Plant And Equipment Gross125.7M386.6M533.3M754.9M868.1M911.5M
Short Long Term Debt6.5B4.9B7.6B4.5B5.2B6.4B
Total Current Assets16.4B16.7B17.8B18.5B21.3B14.6B
Accumulated Other Comprehensive Income652.5M912.6M1.0B1.1B1.3B1.3B
Non Current Liabilities Other27.7M137.4M102.9M50.7M58.3M42.4M
Short Term Debt6.6B5.0B7.7B4.5B4.1B4.9B
Intangible Assets1.0B966.1M931.7M897.3M1.0B1.1B
Common Stock234K237K238K240K216K273.5K

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