LCUT Stock | | | USD 5.85 0.05 0.86% |
Lifetime Brands financial indicator trend analysis is infinitely more than just investigating Lifetime Brands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifetime Brands is a good investment. Please check the relationship between Lifetime Brands Inventory and its Property Plant And Equipment Net accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifetime Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Lifetime Stock please use our
How to Invest in Lifetime Brands guide.
Inventory vs Property Plant And Equipment Net
Inventory vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lifetime Brands Inventory account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lifetime Brands' Inventory and Property Plant And Equipment Net is 0.69. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Lifetime Brands, assuming nothing else is changed. The correlation between historical values of Lifetime Brands' Inventory and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Lifetime Brands are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Inventory i.e., Lifetime Brands' Inventory and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Lifetime Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lifetime Brands 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 Lifetime Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Lifetime Stock please use our
How to Invest in Lifetime Brands guide.At this time, Lifetime Brands'
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas
Selling General Administrative is likely to drop slightly above 116.9
M in 2024.
Lifetime Brands fundamental ratios Correlations
Click cells to compare fundamentals
Lifetime Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lifetime Brands fundamental ratios Accounts
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Additional Tools for Lifetime Stock Analysis
When running Lifetime Brands' price analysis, check to
measure Lifetime Brands' 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 Lifetime Brands is operating at the current time. Most of Lifetime Brands' value examination focuses on studying past and present price action to
predict the probability of Lifetime Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lifetime Brands' price. Additionally, you may evaluate how the addition of Lifetime Brands to your portfolios can decrease your overall portfolio volatility.