LLOY Stock | | | 52.94 0.30 0.56% |
Lloyds Banking financial indicator trend analysis is infinitely more than just investigating Lloyds Banking Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lloyds Banking Group is a good investment. Please check the relationship between Lloyds Banking Interest Expense and its Gross Profit accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lloyds Banking Group. 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.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lloyds Banking Group Interest Expense account and
Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lloyds Banking's Interest Expense and Gross Profit is 0.65. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Lloyds Banking Group, assuming nothing else is changed. The correlation between historical values of Lloyds Banking's Interest Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Lloyds Banking Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Expense i.e., Lloyds Banking's Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Lloyds Banking Group minus its cost of goods sold. It is profit before Lloyds Banking operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Lloyds Banking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lloyds Banking Group 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 Lloyds Banking Group. 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 drop to about 226.6
M in 2024.
Tax Provision is likely to drop to about 1.4
B in 2024
Lloyds Banking fundamental ratios Correlations
Click cells to compare fundamentals
Lloyds Banking Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lloyds Banking fundamental ratios Accounts
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Additional Tools for Lloyds Stock Analysis
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measure Lloyds Banking'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 Lloyds Banking is operating at the current time. Most of Lloyds Banking's value examination focuses on studying past and present price action to
predict the probability of Lloyds Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lloyds Banking's price. Additionally, you may evaluate how the addition of Lloyds Banking to your portfolios can decrease your overall portfolio volatility.