LFT Stock | | | USD 2.61 0.03 1.14% |
Lument Finance financial indicator trend analysis is infinitely more than just investigating Lument Finance Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lument Finance Trust is a good investment. Please check the relationship between Lument Finance Total Current Liabilities and its Gross Profit Margin accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lument Finance Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Total Current Liabilities vs Gross Profit Margin
Total Current Liabilities vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lument Finance Trust Total Current Liabilities account and
Gross Profit Margin. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lument Finance's Total Current Liabilities and Gross Profit Margin is -0.21. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Lument Finance Trust, assuming nothing else is changed. The correlation between historical values of Lument Finance's Total Current Liabilities and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Lument Finance Trust are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Current Liabilities i.e., Lument Finance's Total Current Liabilities and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Lument Finance balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lument Finance Trust are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Gross Profit Margin
Most indicators from Lument Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lument Finance Trust 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 Lument Finance Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Sales General And Administrative To Revenue is likely to gain to 0.55 in 2024, whereas
Selling General Administrative is likely to drop slightly above 7.3
M in 2024.
Lument Finance fundamental ratios Correlations
Click cells to compare fundamentals
Lument Finance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lument Finance fundamental ratios Accounts
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Additional Tools for Lument Stock Analysis
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measure Lument Finance'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 Lument Finance is operating at the current time. Most of Lument Finance's value examination focuses on studying past and present price action to
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