LendingClub Other Current Assets vs Total Current Liabilities Analysis

LC Stock  USD 16.49  0.15  0.92%   
LendingClub Corp financial indicator trend analysis is infinitely more than just investigating LendingClub Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LendingClub Corp is a good investment. Please check the relationship between LendingClub Corp Other Current Assets and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LendingClub Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade LendingClub Stock refer to our How to Trade LendingClub Stock guide.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LendingClub Corp Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between LendingClub Corp's Other Current Assets and Total Current Liabilities is -0.15. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of LendingClub Corp, assuming nothing else is changed. The correlation between historical values of LendingClub Corp's Other Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of LendingClub Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., LendingClub Corp's Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Liabilities

Total Current Liabilities is an item on LendingClub Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of LendingClub Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from LendingClub Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LendingClub Corp 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 LendingClub Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade LendingClub Stock refer to our How to Trade LendingClub Stock guide.At present, LendingClub Corp's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.51, whereas Selling General Administrative is forecasted to decline to about 248.9 M.
 2021 2022 2023 2024 (projected)
Interest Income292.8M557.3M832.6M874.3M
Net Interest Income212.8M474.8M561.8M589.9M

LendingClub Corp fundamental ratios Correlations

-0.330.110.590.960.30.8-0.87-0.930.960.96-0.160.110.980.990.27-0.160.940.87-0.080.810.990.00.990.94-0.15
-0.33-0.19-0.21-0.28-0.39-0.040.670.31-0.34-0.320.030.28-0.24-0.40.060.77-0.330.030.66-0.28-0.35-0.38-0.39-0.240.23
0.11-0.19-0.330.04-0.160.02-0.15-0.040.050.07-0.10.010.060.14-0.13-0.40.050.0-0.06-0.080.140.060.140.06-0.17
0.59-0.21-0.330.650.50.6-0.55-0.650.60.61-0.05-0.180.570.60.11-0.10.640.57-0.150.750.520.090.60.61-0.05
0.96-0.280.040.650.220.91-0.88-0.990.991.0-0.220.150.960.970.22-0.210.990.94-0.020.760.91-0.190.980.99-0.29
0.3-0.39-0.160.50.22-0.11-0.27-0.170.240.190.39-0.630.30.260.32-0.10.180.02-0.380.720.340.730.260.120.59
0.8-0.040.020.60.91-0.11-0.72-0.930.880.9-0.340.370.820.820.1-0.150.920.950.140.50.7-0.520.820.94-0.52
-0.870.67-0.15-0.55-0.88-0.27-0.720.9-0.91-0.910.14-0.05-0.82-0.92-0.090.56-0.91-0.70.31-0.64-0.830.03-0.92-0.870.41
-0.930.31-0.04-0.65-0.99-0.17-0.930.9-0.99-0.990.24-0.17-0.92-0.96-0.190.29-1.0-0.930.03-0.7-0.860.26-0.96-1.00.4
0.96-0.340.050.60.990.240.88-0.91-0.990.99-0.160.110.950.970.28-0.270.990.92-0.050.740.91-0.190.970.98-0.32
0.96-0.320.070.611.00.190.9-0.91-0.990.99-0.230.170.950.980.19-0.260.990.93-0.040.730.91-0.20.980.99-0.33
-0.160.03-0.1-0.05-0.220.39-0.340.140.24-0.16-0.23-0.27-0.17-0.220.13-0.02-0.22-0.31-0.010.06-0.120.34-0.23-0.260.32
0.110.280.01-0.180.15-0.630.37-0.05-0.170.110.17-0.270.140.1-0.520.130.160.280.24-0.310.08-0.410.110.21-0.4
0.98-0.240.060.570.960.30.82-0.82-0.920.950.95-0.170.140.950.31-0.090.930.9-0.020.790.96-0.060.950.93-0.1
0.99-0.40.140.60.970.260.82-0.92-0.960.970.98-0.220.10.950.19-0.250.970.87-0.110.780.96-0.051.00.95-0.25
0.270.06-0.130.110.220.320.1-0.09-0.190.280.190.13-0.520.310.190.250.190.23-0.070.380.29-0.020.20.20.22
-0.160.77-0.4-0.1-0.21-0.1-0.150.560.29-0.27-0.26-0.020.13-0.09-0.250.25-0.29-0.010.370.03-0.120.0-0.25-0.230.59
0.94-0.330.050.640.990.180.92-0.91-1.00.990.99-0.220.160.930.970.19-0.290.93-0.040.710.88-0.230.970.99-0.39
0.870.030.00.570.940.020.95-0.7-0.930.920.93-0.310.280.90.870.23-0.010.930.210.630.8-0.410.870.96-0.32
-0.080.66-0.06-0.15-0.02-0.380.140.310.03-0.05-0.04-0.010.24-0.02-0.11-0.070.37-0.040.21-0.17-0.11-0.43-0.110.01-0.01
0.81-0.28-0.080.750.760.720.5-0.64-0.70.740.730.06-0.310.790.780.380.030.710.63-0.170.810.360.780.680.3
0.99-0.350.140.520.910.340.7-0.83-0.860.910.91-0.120.080.960.960.29-0.120.880.8-0.110.810.120.960.87-0.05
0.0-0.380.060.09-0.190.73-0.520.030.26-0.19-0.20.34-0.41-0.06-0.05-0.020.0-0.23-0.41-0.430.360.12-0.05-0.30.69
0.99-0.390.140.60.980.260.82-0.92-0.960.970.98-0.230.110.951.00.2-0.250.970.87-0.110.780.96-0.050.95-0.25
0.94-0.240.060.610.990.120.94-0.87-1.00.980.99-0.260.210.930.950.2-0.230.990.960.010.680.87-0.30.95-0.39
-0.150.23-0.17-0.05-0.290.59-0.520.410.4-0.32-0.330.32-0.4-0.1-0.250.220.59-0.39-0.32-0.010.3-0.050.69-0.25-0.39
Click cells to compare fundamentals

LendingClub Corp Account Relationship Matchups

LendingClub Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B1.9B4.9B8.0B8.8B9.3B
Short Long Term Debt Total1.8B989.1M430.0M143.4M57.2M54.4M
Other Current Liab(13.7M)(151.9M)(128.8M)(100.8M)36.8M38.7M
Total Current Liabilities607.6M151.9M128.8M100.8M91.4M182.3M
Total Stockholder Equity900.2M724.2M850.2M1.2B1.3B1.1B
Property Plant And Equipment Net207.9M170.7M175.3M200.3M188.1M108.8M
Net Debt1.6B464.1M(257.1M)(913.6M)(1.2B)(1.1B)
Retained Earnings(548.5M)(786.2M)(717.4M)(427.7M)(388.8M)(408.2M)
Accounts Payable20.1M46.9M101.0M98.2M54.6M59.5M
Cash243.8M525.0M687.1M1.1B1.3B935.0M
Non Current Assets Total501.6M389.0M637.8M762.1M237.2M375.3M
Non Currrent Assets Other(3.0B)(1.9B)(4.9B)(173.7M)(1.7B)(1.6B)
Other Assets1.9B791.7M3.3B5.8B5.7B3.2B
Cash And Short Term Investments514.7M667.2M950.7M1.4B2.9B3.0B
Net Receivables31.9M15.4M149.2M30.9M35.8M45.5M
Common Stock Total Equity892K881K1.0M1.1M1.2M1.8M
Common Stock Shares Outstanding87.3M90.4M102.1M104.0M108.5M137.9M
Liabilities And Stockholders Equity3.0B1.9B4.9B8.0B8.8B9.3B
Non Current Liabilities Total1.2B889.0M402.2M140.8M57.2M54.4M
Other Current Assets(565.5M)241.9M(763.6M)(1.1B)(1.3B)(1.3B)
Other Stockholder Equity2.0B1.5B1.6B1.6B1.7B1.8B
Total Liab2.1B1.1B4.1B6.8B7.6B8.0B
Property Plant And Equipment Gross207.9M170.7M98.0M302.9M294.1M308.8M
Total Current Assets546.6M682.6M950.7M1.4B2.9B3.0B
Accumulated Other Comprehensive Income(565K)1.5M7.0M(37.6M)(30.3M)(31.8M)
Common Stock892K881K1.0M1.1M1.1M1.0M
Net Tangible Assets885.6M712.7M774.5M1.1B1.3B711.3M
Long Term Debt1.1B636.8M610.3M130.3M19.4M18.4M
Retained Earnings Total Equity(548.5M)(786.2M)(767.6M)(427.7M)(385.0M)(404.2M)
Long Term Debt Total1.1B636.8M15.5M130.3M117.3M111.4M
Non Current Liabilities Other740.4M352.3M871.1M420.3M483.3M519.2M
Short Term Debt587.5M105.0M27.8M2.6M3.9M3.7M
Property Plant Equipment114.4M96.6M98.0M136.5M156.9M164.8M
Short Term Investments270.9M142.2M263.5M345.7M1.6B1.7B
Capital Surpluse1.5B1.5B1.6B1.6B1.9B1.2B
Inventory565.5M628.5M614.4M1.1B1.3B1.3B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LendingClub Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade LendingClub Stock refer to our How to Trade LendingClub Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LendingClub Corp. If investors know LendingClub will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LendingClub Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.81
Earnings Share
0.46
Revenue Per Share
9.98
Quarterly Revenue Growth
0.113
Return On Assets
0.0044
The market value of LendingClub Corp is measured differently than its book value, which is the value of LendingClub that is recorded on the company's balance sheet. Investors also form their own opinion of LendingClub Corp's value that differs from its market value or its book value, called intrinsic value, which is LendingClub Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LendingClub Corp's market value can be influenced by many factors that don't directly affect LendingClub Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LendingClub Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if LendingClub Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LendingClub Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.