LFST Stock | | | 0.04 0.01 12.50% |
Lifeist Wellness financial indicator trend analysis is infinitely more than just investigating Lifeist Wellness recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifeist Wellness is a good investment. Please check the relationship between Lifeist Wellness Average Payables and its Price To Sales Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifeist Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Average Payables vs Price To Sales Ratio
Average Payables vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lifeist Wellness Average Payables account and
Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Lifeist Wellness' Average Payables and Price To Sales Ratio is -0.99. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Lifeist Wellness, assuming nothing else is changed. The correlation between historical values of Lifeist Wellness' Average Payables and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Lifeist Wellness are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Average Payables i.e., Lifeist Wellness' Average Payables and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Lifeist Wellness stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Lifeist Wellness sales, a figure that is much harder to manipulate than other Lifeist Wellness multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from Lifeist Wellness' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lifeist Wellness 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 Lifeist Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Lifeist Wellness'
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 18.3
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.64 in 2024.
Lifeist Wellness fundamental ratios Correlations
Click cells to compare fundamentals
Lifeist Wellness Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lifeist Wellness fundamental ratios Accounts
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Additional Tools for Lifeist Stock Analysis
When running Lifeist Wellness' price analysis, check to
measure Lifeist Wellness' 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 Lifeist Wellness is operating at the current time. Most of Lifeist Wellness' value examination focuses on studying past and present price action to
predict the probability of Lifeist Wellness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lifeist Wellness' price. Additionally, you may evaluate how the addition of Lifeist Wellness to your portfolios can decrease your overall portfolio volatility.