LFS Stock | | | 1.15 0.01 0.86% |
Latitude Financial financial indicator trend analysis is infinitely more than just investigating Latitude Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Latitude Financial is a good investment. Please check the relationship between Latitude Financial Cost Of Revenue and its Depreciation And Amortization accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Latitude Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cost Of Revenue vs Depreciation And Amortization
Cost Of Revenue vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Latitude Financial Cost Of Revenue account and
Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between Latitude Financial's Cost Of Revenue and Depreciation And Amortization is -0.82. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Latitude Financial Services, assuming nothing else is changed. The correlation between historical values of Latitude Financial's Cost Of Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Latitude Financial Services are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., Latitude Financial's Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Latitude Financial income statement and represents the costs associated with goods and services Latitude Financial 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.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Latitude Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Latitude Financial 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 Latitude Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Issuance Of Capital Stock is likely to gain to about 1.6
B in 2024, despite the fact that
Tax Provision is likely to grow to (45.1
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 166.8M | 216.3M | 343.7M | 214.9M | Depreciation And Amortization | 92.8M | 105.3M | 89.4M | 95.4M |
Latitude Financial fundamental ratios Correlations
Click cells to compare fundamentals
Latitude Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Latitude Financial fundamental ratios Accounts
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Additional Tools for Latitude Stock Analysis
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