LINV Stock | | | 26.50 0.50 1.92% |
Lendinvest PLC financial indicator trend analysis is infinitely more than just investigating Lendinvest PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lendinvest PLC is a good investment. Please check the relationship between Lendinvest PLC Total Assets and its Other Current Liab accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lendinvest PLC. 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.
Total Assets vs Other Current Liab
Total Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lendinvest PLC Total Assets account and
Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lendinvest PLC's Total Assets and Other Current Liab is -0.43. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Lendinvest PLC, assuming nothing else is changed. The correlation between historical values of Lendinvest PLC's Total Assets and Other Current Liab 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 Assets of Lendinvest PLC are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., Lendinvest PLC's Total Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Lendinvest PLC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lendinvest PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Other Current Liab
Most indicators from Lendinvest PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lendinvest PLC 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 Lendinvest PLC. 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.
Selling General Administrative is likely to gain to about 44.5
M in 2024, despite the fact that
Tax Provision is likely to grow to (6.8
M).
Lendinvest PLC fundamental ratios Correlations
Click cells to compare fundamentals
Lendinvest PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lendinvest PLC fundamental ratios Accounts
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Additional Tools for Lendinvest Stock Analysis
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predict the probability of Lendinvest PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lendinvest PLC's price. Additionally, you may evaluate how the addition of Lendinvest PLC to your portfolios can decrease your overall portfolio volatility.