LNF Stock | | | CAD 27.12 0.46 1.73% |
Leons Furniture financial indicator trend analysis is infinitely more than just investigating Leons Furniture recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leons Furniture is a good investment. Please check the relationship between Leons Furniture Book Value Per Share and its Dividend Yield accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leons Furniture Limited. 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.
Book Value Per Share vs Dividend Yield
Book Value Per Share vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Leons Furniture Book Value Per Share account and
Dividend Yield. At this time, the significance of the direction appears to have very week relationship.
The correlation between Leons Furniture's Book Value Per Share and Dividend Yield is 0.22. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Leons Furniture Limited, assuming nothing else is changed. The correlation between historical values of Leons Furniture's Book Value Per Share and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Leons Furniture Limited are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Book Value Per Share i.e., Leons Furniture's Book Value Per Share and Dividend Yield go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Dividend Yield
Dividend Yield is Leons Furniture Limited dividend as a percentage of Leons Furniture stock price. Leons Furniture dividend yield is a measure of Leons Furniture stock productivity, which can be interpreted as interest rate earned on an Leons Furniture investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Leons Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leons Furniture 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 Leons Furniture Limited. 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.
At this time, Leons Furniture's
Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024,
Tax Provision is likely to grow to about 46.8
M, while
Sales General And Administrative To Revenue is likely to drop 0.16.
Leons Furniture fundamental ratios Correlations
Click cells to compare fundamentals
Leons Furniture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Leons Furniture fundamental ratios Accounts
Other Information on Investing in Leons Stock
Balance Sheet is a snapshot of the
financial position of Leons Furniture at a specified time, usually calculated after every quarter, six months, or one year. Leons Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Leons Furniture and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Leons currently owns. An asset can also be divided into two categories, current and non-current.