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 Current Liabilities and its Total 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 Current Liabilities vs Total Liab
Total Current Liabilities vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lendinvest PLC Total Current Liabilities account and
Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lendinvest PLC's Total Current Liabilities and Total Liab is 0.72. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total 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 Current Liabilities and Total 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 Current Liabilities of Lendinvest PLC are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Liabilities i.e., Lendinvest PLC's Total Current Liabilities and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Lendinvest PLC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lendinvest PLC 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.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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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measure Lendinvest PLC'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 Lendinvest PLC is operating at the current time. Most of Lendinvest PLC's value examination focuses on studying past and present price action to
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.