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 Capex To Depreciation and its Payout Ratio 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.
Capex To Depreciation vs Payout Ratio
Capex To Depreciation vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Leons Furniture Capex To Depreciation account and
Payout Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Leons Furniture's Capex To Depreciation and Payout Ratio is 0.03. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Payout Ratio 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 Capex To Depreciation and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Leons Furniture Limited are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Capex To Depreciation i.e., Leons Furniture's Capex To Depreciation and Payout Ratio go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Payout Ratio
Payout Ratio is the proportion of Leons Furniture Limited earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Leons Furniture dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Leons Furniture is paying out more in dividends than it makes in net income.
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.