LNF Stock | | | CAD 25.58 0.03 0.12% |
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 Days Sales Outstanding and its Days Of Inventory On Hand 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Leons Furniture Days Sales Outstanding account and
Days Of Inventory On Hand. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Leons Furniture's Days Sales Outstanding and Days Of Inventory On Hand is 0.81. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Days Of Inventory On Hand 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 Days Sales Outstanding and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Leons Furniture Limited are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Days Sales Outstanding i.e., Leons Furniture's Days Sales Outstanding and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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 18th of February 2025,
Enterprise Value Over EBITDA is likely to grow to 9.11, while
Tax Provision is likely to drop about 46.8
M.
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.