LYFT Stock | | | USD 17.89 1.10 6.55% |
LYFT financial indicator trend analysis is infinitely more than just investigating LYFT Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LYFT Inc is a good investment. Please check the relationship between LYFT Capex To Revenue and its Revenue Per Share accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LYFT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Capex To Revenue vs Revenue Per Share
Capex To Revenue vs Revenue Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
LYFT Inc Capex To Revenue account and
Revenue Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between LYFT's Capex To Revenue and Revenue Per Share is 0.63. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of LYFT Inc, assuming nothing else is changed. The correlation between historical values of LYFT's Capex To Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of LYFT Inc are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Capex To Revenue i.e., LYFT's Capex To Revenue and Revenue Per Share go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from LYFT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LYFT Inc 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 LYFT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, LYFT's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.33 in 2024, whereas
Selling General Administrative is likely to drop slightly above 829.7
M in 2024.
LYFT fundamental ratios Correlations
Click cells to compare fundamentals
LYFT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LYFT fundamental ratios Accounts
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Additional Tools for LYFT Stock Analysis
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