LWAY Stock | | | USD 24.45 0.36 1.45% |
Lifeway Foods financial indicator trend analysis is infinitely more than just investigating Lifeway Foods recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifeway Foods is a good investment. Please check the relationship between Lifeway Foods Accounts Payable and its Deferred Long Term Liab accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifeway Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Lifeway Stock please use our
How to Invest in Lifeway Foods guide.
Accounts Payable vs Deferred Long Term Liab
Accounts Payable vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lifeway Foods Accounts Payable account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lifeway Foods' Accounts Payable and Deferred Long Term Liab is -0.19. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Lifeway Foods, assuming nothing else is changed. The correlation between historical values of Lifeway Foods' Accounts Payable and Deferred Long Term 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 Accounts Payable of Lifeway Foods are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Accounts Payable i.e., Lifeway Foods' Accounts Payable and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Lifeway Foods obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Lifeway Foods are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Lifeway Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lifeway Foods 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 Lifeway Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Lifeway Stock please use our
How to Invest in Lifeway Foods guide.At this time, Lifeway Foods'
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 291.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 8
M in 2024.
Lifeway Foods fundamental ratios Correlations
Click cells to compare fundamentals
Lifeway Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lifeway Foods fundamental ratios Accounts
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Additional Tools for Lifeway Stock Analysis
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