LVLU Stock | | | USD 1.24 0.03 2.48% |
Lulus Fashion financial indicator trend analysis is infinitely more than just investigating Lulus Fashion Lounge recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lulus Fashion Lounge is a good investment. Please check the relationship between Lulus Fashion Gross Profit and its Income Tax Expense accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lulus Fashion Lounge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Gross Profit vs Income Tax Expense
Gross Profit vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lulus Fashion Lounge Gross Profit account and
Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Lulus Fashion's Gross Profit and Income Tax Expense is 0.32. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Lulus Fashion Lounge, assuming nothing else is changed. The correlation between historical values of Lulus Fashion's Gross Profit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Lulus Fashion Lounge are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Gross Profit i.e., Lulus Fashion's Gross Profit and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Lulus Fashion Lounge minus its cost of goods sold. It is profit before Lulus Fashion operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Income Tax Expense
Most indicators from Lulus Fashion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lulus Fashion Lounge 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 Lulus Fashion Lounge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Selling General Administrative is likely to gain to about 92.3
M in 2024, despite the fact that
Tax Provision is likely to grow to (1.6
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 176.7M | 191.4M | 148.2M | 173.3M | Total Revenue | 375.6M | 439.7M | 355.2M | 393.5M |
Lulus Fashion fundamental ratios Correlations
Click cells to compare fundamentals
Lulus Fashion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lulus Fashion fundamental ratios Accounts
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Additional Tools for Lulus Stock Analysis
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measure Lulus Fashion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lulus Fashion is operating at the current time. Most of Lulus Fashion's value examination focuses on studying past and present price action to
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