Latitude Extraordinary Items vs Income Before Tax Analysis

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 Extraordinary Items and its Income Before Tax 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.

Extraordinary Items vs Income Before Tax

Extraordinary Items vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Latitude Financial Extraordinary Items account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Latitude Financial's Extraordinary Items and Income Before Tax is 0.71. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Income Before Tax 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 Extraordinary Items and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Latitude Financial Services are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Extraordinary Items i.e., Latitude Financial's Extraordinary Items and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Extraordinary Items

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Latitude Financial income statement and is an important metric when analyzing Latitude Financial profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 Expense166.8M216.3M343.7M214.9M
Depreciation And Amortization92.8M105.3M89.4M95.4M

Latitude Financial fundamental ratios Correlations

0.26-0.64-0.76-0.53-0.4-0.670.030.820.670.20.460.51-0.25-0.450.660.37-0.15-0.540.60.680.72-0.740.130.87-0.1
0.26-0.15-0.41-0.070.69-0.520.40.090.40.990.49-0.42-0.07-0.30.330.380.59-0.520.540.330.16-0.09-0.550.180.59
-0.64-0.150.380.30.290.29-0.48-0.57-0.39-0.09-0.1-0.36-0.42-0.29-0.18-0.070.170.29-0.32-0.18-0.470.37-0.15-0.560.15
-0.76-0.410.380.87-0.10.980.34-0.9-0.33-0.36-0.33-0.570.590.54-0.97-0.170.320.94-0.96-0.94-0.910.93-0.34-0.930.29
-0.53-0.070.30.87-0.050.860.61-0.90.05-0.02-0.05-0.810.570.25-0.890.080.710.88-0.86-0.86-0.950.95-0.64-0.880.7
-0.40.690.29-0.1-0.05-0.280.06-0.23-0.280.73-0.03-0.43-0.070.030.11-0.110.34-0.390.340.06-0.040.14-0.29-0.20.31
-0.67-0.520.290.980.86-0.280.34-0.83-0.28-0.48-0.35-0.490.610.52-0.96-0.190.260.98-0.98-0.94-0.880.88-0.24-0.860.24
0.030.4-0.480.340.610.060.34-0.370.440.390.18-0.610.760.33-0.530.240.690.36-0.32-0.5-0.440.54-0.65-0.320.69
0.820.09-0.57-0.9-0.9-0.23-0.83-0.370.220.030.140.82-0.41-0.280.860.02-0.59-0.790.810.830.97-0.960.580.99-0.56
0.670.4-0.39-0.330.05-0.28-0.280.440.220.350.85-0.17-0.16-0.590.250.840.45-0.120.190.360.08-0.22-0.520.350.5
0.20.99-0.09-0.36-0.020.73-0.480.390.030.350.43-0.46-0.05-0.280.290.330.62-0.490.50.280.12-0.04-0.570.120.62
0.460.49-0.1-0.33-0.05-0.03-0.350.180.140.850.43-0.19-0.4-0.630.340.980.36-0.240.270.490.09-0.26-0.60.30.4
0.51-0.42-0.36-0.57-0.81-0.43-0.49-0.610.82-0.17-0.46-0.19-0.30.010.58-0.24-0.92-0.480.460.560.82-0.80.790.76-0.9
-0.25-0.07-0.420.590.57-0.070.610.76-0.41-0.16-0.05-0.4-0.30.82-0.76-0.30.240.54-0.55-0.78-0.430.63-0.21-0.450.22
-0.45-0.3-0.290.540.250.030.520.33-0.28-0.59-0.28-0.630.010.82-0.62-0.55-0.220.37-0.43-0.66-0.230.450.18-0.38-0.26
0.660.33-0.18-0.97-0.890.11-0.96-0.530.860.250.290.340.58-0.76-0.620.19-0.38-0.920.940.980.88-0.940.380.88-0.35
0.370.38-0.07-0.170.08-0.11-0.190.240.020.840.330.98-0.24-0.3-0.550.190.38-0.080.090.35-0.04-0.13-0.660.170.42
-0.150.590.170.320.710.340.260.69-0.590.450.620.36-0.920.24-0.22-0.380.380.32-0.27-0.36-0.620.61-0.85-0.51.0
-0.54-0.520.290.940.88-0.390.980.36-0.79-0.12-0.49-0.24-0.480.540.37-0.92-0.080.32-0.99-0.89-0.870.84-0.3-0.810.31
0.60.54-0.32-0.96-0.860.34-0.98-0.320.810.190.50.270.46-0.55-0.430.940.09-0.27-0.990.90.87-0.850.30.84-0.26
0.680.33-0.18-0.94-0.860.06-0.94-0.50.830.360.280.490.56-0.78-0.660.980.35-0.36-0.890.90.84-0.940.270.88-0.33
0.720.16-0.47-0.91-0.95-0.04-0.88-0.440.970.080.120.090.82-0.43-0.230.88-0.04-0.62-0.870.870.84-0.950.570.96-0.61
-0.74-0.090.370.930.950.140.880.54-0.96-0.22-0.04-0.26-0.80.630.45-0.94-0.130.610.84-0.85-0.94-0.95-0.53-0.960.58
0.13-0.55-0.15-0.34-0.64-0.29-0.24-0.650.58-0.52-0.57-0.60.79-0.210.180.38-0.66-0.85-0.30.30.270.57-0.530.45-0.85
0.870.18-0.56-0.93-0.88-0.2-0.86-0.320.990.350.120.30.76-0.45-0.380.880.17-0.5-0.810.840.880.96-0.960.45-0.47
-0.10.590.150.290.70.310.240.69-0.560.50.620.4-0.90.22-0.26-0.350.421.00.31-0.26-0.33-0.610.58-0.85-0.47
Click cells to compare fundamentals

Latitude Financial Account Relationship Matchups

Latitude Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.8B7.7B8.0B7.9B7.3B6.5B
Short Long Term Debt Total8.0B11.8B6.8B6.1B5.7B6.1B
Other Current Liab(1.4B)140.8M10.7M19.2M274.9M288.6M
Total Current Liabilities92.4M475.8M1.3B1.1B1.5B1.6B
Total Stockholder Equity420.5M1.2B1.6B1.5B1.2B1.0B
Other Liab142.7M146.4M203.8M133.8M153.9M172.7M
Net Tangible Assets(507.6M)(437.6M)(474.7M)513.1M590.1M619.6M
Property Plant And Equipment Net91.3M81.7M69.2M52M25.5M24.2M
Net Debt7.6B5.4B5.3B5.7B5.5B5.0B
Retained Earnings(100.8M)(107.7M)7.2M(123.4M)(335M)(318.3M)
Accounts Payable130.2M335M79.9M52.2M50M47.5M
Cash412.0M507.6M605.7M364M250.7M354.1M
Non Current Assets Total8.4B1.1B4.2B4.2B7.1B4.7B
Non Currrent Assets Other89.4M7.3B2.9B3.1B6.0B3.6B
Other Assets7.5B214.5M186.5M311.1M7.3B7.7B
Long Term Debt6.4B6.3B4.9B5.3B4.6B4.8B
Cash And Short Term Investments412.0M507.6M689.3M364M250.7M363.6M
Net Receivables18.4M6.1B3.1B3.1B78.6M74.7M
Good Will524.0M521M738.1M728.3M706M669.1M
Long Term Debt Total6.5B6.4B5.9B5.3B4.8B5.2B
Liabilities And Stockholders Equity8.8B7.7B8.0B7.9B7.3B6.5B
Non Current Liabilities Total8.3B6.0B5.1B5.4B6.1B5.4B
Other Current Assets(430.4M)9.1M8.2M10.8M79.8M83.8M
Other Stockholder Equity24.4M(676M)(667.2M)(1.0)(0.9)(0.94)
Total Liab8.4B6.5B6.4B6.4B6.1B5.7B
Total Current Assets412.0M6.6B3.8B3.7B250.7M238.2M
Accumulated Other Comprehensive Income24.4M38.2M(667.2M)(627.2M)(652.9M)(620.3M)
Cash And Equivalents224.3M331.3M580.9M358.3M412.0M374.7M
Short Term Debt1.5B5.4B949.1M779.7M1.2B1.6B
Intangible Assets334.2M834.8M309.8M203.6M762.2M504.9M
Property Plant Equipment91.3M81.7M69.2M33.6M38.6M53.6M

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 Latitude Stock Analysis

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