LYFT Net Receivables vs Common Stock Analysis

LYFT Stock  USD 16.79  0.50  3.07%   
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 Net Receivables and its Common Stock 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.

Net Receivables vs Common Stock

Net Receivables vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LYFT Inc Net Receivables account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between LYFT's Net Receivables and Common Stock is 0.82. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock 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 Net Receivables and Common Stock 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 Receivables of LYFT Inc are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Receivables i.e., LYFT's Net Receivables and Common Stock go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Common Stock

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.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization157.4M154.8M116.5M97.5M
Interest Income9.1M47.1M132.3M138.9M

LYFT fundamental ratios Correlations

0.760.940.880.640.69-0.860.56-0.170.710.680.950.820.830.980.930.930.90.970.96-0.320.73-0.930.870.550.95
0.760.880.60.910.28-0.890.69-0.140.390.950.570.960.750.710.690.70.850.750.69-0.790.78-0.80.760.620.75
0.940.880.820.770.62-0.940.63-0.30.60.840.810.930.790.880.910.910.950.950.92-0.530.85-0.930.920.650.92
0.880.60.820.480.65-0.680.31-0.450.780.50.890.70.480.80.850.840.780.920.96-0.150.52-0.950.730.380.97
0.640.910.770.480.22-0.790.78-0.050.30.890.440.880.660.60.570.580.720.620.54-0.70.71-0.670.680.520.62
0.690.280.620.650.22-0.620.49-0.460.550.360.70.520.420.610.870.860.710.760.730.130.57-0.540.820.320.67
-0.86-0.89-0.94-0.68-0.79-0.62-0.740.31-0.39-0.92-0.69-0.94-0.77-0.8-0.87-0.9-0.98-0.9-0.830.66-0.950.83-0.93-0.78-0.83
0.560.690.630.310.780.49-0.74-0.120.340.740.440.760.650.540.610.610.720.550.46-0.50.68-0.450.720.330.48
-0.17-0.14-0.3-0.45-0.05-0.460.31-0.12-0.28-0.23-0.16-0.320.290.02-0.4-0.39-0.41-0.4-0.410.12-0.290.36-0.37-0.12-0.38
0.710.390.60.780.30.55-0.390.34-0.280.20.810.470.450.680.660.60.530.680.730.140.16-0.690.53-0.170.73
0.680.950.840.50.890.36-0.920.74-0.230.20.440.960.670.60.690.720.860.720.62-0.820.87-0.70.810.730.67
0.950.570.810.890.440.7-0.690.44-0.160.810.440.640.740.950.860.850.780.90.93-0.10.54-0.870.730.350.91
0.820.960.930.70.880.52-0.940.76-0.320.470.960.640.710.740.830.840.940.860.78-0.680.83-0.840.890.620.83
0.830.750.790.480.660.42-0.770.650.290.450.670.740.710.90.680.690.730.70.65-0.440.69-0.650.710.530.65
0.980.710.880.80.60.61-0.80.540.020.680.60.950.740.90.850.850.830.890.89-0.280.68-0.860.790.520.88
0.930.690.910.850.570.87-0.870.61-0.40.660.690.860.830.680.851.00.940.970.93-0.240.76-0.850.970.530.92
0.930.70.910.840.580.86-0.90.61-0.390.60.720.850.840.690.851.00.950.970.93-0.290.8-0.860.970.60.91
0.90.850.950.780.720.71-0.980.72-0.410.530.860.780.940.730.830.940.950.950.9-0.550.89-0.880.950.670.9
0.970.750.950.920.620.76-0.90.55-0.40.680.720.90.860.70.890.970.970.950.99-0.350.78-0.950.920.590.98
0.960.690.920.960.540.73-0.830.46-0.410.730.620.930.780.650.890.930.930.90.99-0.280.7-0.960.850.530.98
-0.32-0.79-0.53-0.15-0.70.130.66-0.50.120.14-0.82-0.1-0.68-0.44-0.28-0.24-0.29-0.55-0.35-0.28-0.680.43-0.38-0.68-0.33
0.730.780.850.520.710.57-0.950.68-0.290.160.870.540.830.690.680.760.80.890.780.7-0.68-0.680.850.880.67
-0.93-0.8-0.93-0.95-0.67-0.540.83-0.450.36-0.69-0.7-0.87-0.84-0.65-0.86-0.85-0.86-0.88-0.95-0.960.43-0.68-0.78-0.54-0.98
0.870.760.920.730.680.82-0.930.72-0.370.530.810.730.890.710.790.970.970.950.920.85-0.380.85-0.780.60.83
0.550.620.650.380.520.32-0.780.33-0.12-0.170.730.350.620.530.520.530.60.670.590.53-0.680.88-0.540.60.51
0.950.750.920.970.620.67-0.830.48-0.380.730.670.910.830.650.880.920.910.90.980.98-0.330.67-0.980.830.51
Click cells to compare fundamentals

LYFT Account Relationship Matchups

LYFT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7B4.7B4.8B4.6B4.6B4.4B
Other Current Liab217.7M1.7B1.9B2.5B2.5B1.6B
Total Current Liabilities2.5B2.1B2.5B3.1B3.0B2.2B
Total Stockholder Equity2.9B1.7B1.4B388.7M541.5M743.0M
Other Liab3.9M18.3M50.9M35.7M41.1M25.5M
Net Tangible Assets2.6B1.4B1.2B50.9M58.5M61.4M
Retained Earnings(5.5B)(7.3B)(8.3B)(9.9B)(10.3B)(9.8B)
Accounts Payable38.8M84.1M129.5M107.8M72.3M79.5M
Cash358.3M319.7M457.3M281.1M560M406.9M
Other Assets1.6B1.2B1.2B1.2B1.00.95
Common Stock Shares Outstanding227.5M312.2M334.7M354.7M385.3M326.5M
Short Term Investments2.5B1.9B1.8B1.5B1.1B1.7B
Other Stockholder Equity2.7B9.0B9.7B10.3B10.8B6.6B
Total Liab2.8B3.0B3.4B4.2B4.0B3.4B
Total Current Assets3.2B2.6B2.8B2.6B2.6B2.7B
Property Plant Equipment629.9M589.1M521.6M448.6M515.9M364.9M
Property Plant And Equipment Net629.9M589.1M521.6M448.6M564.0M452.0M
Net Debt118.0M639.6M461.8M744.3M568.3M596.7M
Non Current Assets Total2.4B2.1B2.0B2.0B2.0B1.9B
Non Currrent Assets Other1.6B1.2B1.2B1.2B1.1B1.2B
Cash And Short Term Investments2.9B2.3B2.3B1.8B1.9B1.8B
Net Receivables113.8M89.5M186.9M267.3M305.2M320.5M
Good Will158.7M182.7M180.5M261.6M257.8M187.5M
Liabilities And Stockholders Equity5.7B4.7B4.8B4.6B4.6B4.9B
Non Current Liabilities Total385.9M928.3M916.3M1.0B1.1B989.4M
Capital Surpluse73.9M8.4B9.0B9.7B11.2B6.0B
Other Current Assets397.2M244.5M319.3M518.8M1.3B1.3B
Net Invested Capital2.9B2.4B2.0B1.2B1.4B1.5B
Long Term Investments1.4B10M80.4M26.4M39.9M37.9M
Property Plant And Equipment Gross629.9M589.1M521.6M448.6M811.2M490.9M
Accumulated Other Comprehensive Income2.7M(473K)(2.5M)(5.8M)(4.9M)(4.7M)
Non Current Liabilities Other3.9M284.1M50.9M55.6M87.9M83.0M
Net Working Capital796.0M519.7M312.5M(549.7M)(384.1M)(364.9M)
Intangible Assets82.9M65.8M50.8M76.2M59.5M71.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for LYFT Stock Analysis

When running LYFT's price analysis, check to measure LYFT'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 LYFT is operating at the current time. Most of LYFT's value examination focuses on studying past and present price action to predict the probability of LYFT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LYFT's price. Additionally, you may evaluate how the addition of LYFT to your portfolios can decrease your overall portfolio volatility.