Lendway Reconciled Depreciation vs Cost Of Revenue Analysis
LDWY Stock | 4.48 0.12 2.75% |
Lendway financial indicator trend analysis is infinitely more than just investigating Lendway recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lendway is a good investment. Please check the relationship between Lendway Reconciled Depreciation and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lendway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Lendway Stock please use our How to Invest in Lendway guide.
Reconciled Depreciation vs Cost Of Revenue
Reconciled Depreciation vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lendway Reconciled Depreciation account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lendway's Reconciled Depreciation and Cost Of Revenue is 0.68. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Lendway, assuming nothing else is changed. The correlation between historical values of Lendway's Reconciled Depreciation and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Lendway are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Reconciled Depreciation i.e., Lendway's Reconciled Depreciation and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Reconciled Depreciation
Cost Of Revenue
Cost of Revenue is found on Lendway income statement and represents the costs associated with goods and services Lendway provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Lendway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lendway 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 Lendway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Lendway Stock please use our How to Invest in Lendway guide.At this time, Lendway's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 2.76 in 2024, whereas Tax Provision is likely to drop (238.3 K) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 24.3M | 21.2M | 3.5M | 3.3M | Cost Of Revenue | 16.3M | 15.5M | 7K | 6.7K |
Lendway fundamental ratios Correlations
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Lendway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Lendway's price analysis, check to measure Lendway'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 Lendway is operating at the current time. Most of Lendway's value examination focuses on studying past and present price action to predict the probability of Lendway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lendway's price. Additionally, you may evaluate how the addition of Lendway to your portfolios can decrease your overall portfolio volatility.