LYFT Stock | | | USD 17.17 0.19 1.09% |
LYFT financial indicator trend analysis is infinitely more than just investigating LYFT Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LYFT Inc is a good investment. Please check the relationship between LYFT Issuance Of Capital Stock and its Net Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LYFT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Issuance Of Capital Stock vs Net Income
Issuance Of Capital Stock vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
LYFT Inc Issuance Of Capital Stock account and
Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between LYFT's Issuance Of Capital Stock and Net Income is -0.45. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Net Income in the same time period over historical financial statements of LYFT Inc, assuming nothing else is changed. The correlation between historical values of LYFT's Issuance Of Capital Stock and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of LYFT Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Issuance Of Capital Stock i.e., LYFT's Issuance Of Capital Stock and Net Income go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Issuance Of Capital Stock
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in LYFT Inc financial statement analysis. It represents the amount of money remaining after all of LYFT Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from LYFT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LYFT Inc 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 LYFT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, LYFT's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.33 in 2024, whereas
Selling General Administrative is likely to drop slightly above 829.7
M in 2024.
LYFT fundamental ratios Correlations
Click cells to compare fundamentals
LYFT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LYFT fundamental ratios Accounts
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Additional Tools for LYFT Stock Analysis
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