Lulus Income Before Tax vs Income Tax Expense Analysis

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 Income Before Tax 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.

Income Before Tax vs Income Tax Expense

Income Before Tax 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 Income Before Tax account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lulus Fashion's Income Before Tax and Income Tax Expense is 0.74. Overlapping area represents the amount of variation of Income Before Tax 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 Income Before Tax 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 Income Before Tax 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 Income Before Tax i.e., Lulus Fashion's Income Before Tax and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Lulus Fashion income statement and is an important metric when analyzing Lulus Fashion Lounge profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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 Profit176.7M191.4M148.2M173.3M
Total Revenue375.6M439.7M355.2M393.5M

Lulus Fashion fundamental ratios Correlations

0.79-0.310.52-0.79-0.240.680.850.730.780.560.870.790.560.62-0.860.830.560.69-0.880.210.59-0.33-0.850.21-0.32
0.79-0.220.34-0.90.160.30.840.80.610.550.830.670.750.67-0.710.760.70.81-0.71-0.010.730.16-0.75-0.01-0.55
-0.31-0.22-0.850.240.660.12-0.22-0.41-0.770.28-0.41-0.75-0.67-0.680.69-0.73-0.64-0.70.670.2-0.67-0.10.730.20.52
0.520.34-0.85-0.21-0.4-0.030.280.510.820.030.480.870.710.73-0.80.820.670.75-0.78-0.270.720.0-0.83-0.27-0.53
-0.79-0.90.24-0.210.15-0.47-0.92-0.69-0.59-0.52-0.85-0.57-0.64-0.560.68-0.73-0.54-0.670.7-0.23-0.590.00.72-0.230.51
-0.240.160.66-0.40.15-0.33-0.18-0.01-0.480.24-0.23-0.35-0.11-0.190.4-0.38-0.07-0.130.43-0.32-0.10.410.39-0.320.07
0.680.30.12-0.03-0.47-0.330.630.280.370.480.540.31-0.090.11-0.360.280.050.11-0.420.770.03-0.66-0.30.770.38
0.850.84-0.220.28-0.92-0.180.630.790.590.540.950.610.650.67-0.650.750.630.67-0.690.380.650.0-0.730.38-0.37
0.730.8-0.410.51-0.69-0.010.280.790.610.120.920.720.840.92-0.640.790.910.84-0.63-0.110.910.33-0.75-0.11-0.42
0.780.61-0.770.82-0.59-0.480.370.590.610.260.710.980.660.71-0.960.910.70.85-0.960.10.72-0.26-0.930.1-0.38
0.560.550.280.03-0.520.240.480.540.120.260.330.260.110.01-0.390.310.020.21-0.430.440.05-0.35-0.330.44-0.16
0.870.83-0.410.48-0.85-0.230.540.950.920.710.330.760.780.85-0.740.860.810.81-0.760.20.820.09-0.830.2-0.4
0.790.67-0.750.87-0.57-0.350.310.610.720.980.260.760.750.82-0.950.940.80.92-0.94-0.010.82-0.12-0.95-0.01-0.43
0.560.75-0.670.71-0.64-0.11-0.090.650.840.660.110.780.750.93-0.70.880.910.92-0.68-0.30.950.5-0.84-0.3-0.8
0.620.67-0.680.73-0.56-0.190.110.670.920.710.010.850.820.93-0.70.870.980.92-0.68-0.160.980.39-0.83-0.16-0.53
-0.86-0.710.69-0.80.680.4-0.36-0.65-0.64-0.96-0.39-0.74-0.95-0.7-0.7-0.95-0.66-0.851.00.0-0.710.250.970.00.53
0.830.76-0.730.82-0.73-0.380.280.750.790.910.310.860.940.880.87-0.950.820.93-0.94-0.030.860.02-1.0-0.03-0.65
0.560.7-0.640.67-0.54-0.070.050.630.910.70.020.810.80.910.98-0.660.820.94-0.64-0.160.990.45-0.77-0.16-0.48
0.690.81-0.70.75-0.67-0.130.110.670.840.850.210.810.920.920.92-0.850.930.94-0.83-0.140.960.24-0.91-0.14-0.6
-0.88-0.710.67-0.780.70.43-0.42-0.69-0.63-0.96-0.43-0.76-0.94-0.68-0.681.0-0.94-0.64-0.83-0.09-0.690.290.97-0.090.5
0.21-0.010.2-0.27-0.23-0.320.770.38-0.110.10.440.2-0.01-0.3-0.160.0-0.03-0.16-0.14-0.09-0.2-0.50.031.00.49
0.590.73-0.670.72-0.59-0.10.030.650.910.720.050.820.820.950.98-0.710.860.990.96-0.69-0.20.44-0.82-0.2-0.59
-0.330.16-0.10.00.00.41-0.660.00.33-0.26-0.350.09-0.120.50.390.250.020.450.240.29-0.50.440.06-0.5-0.45
-0.85-0.750.73-0.830.720.39-0.3-0.73-0.75-0.93-0.33-0.83-0.95-0.84-0.830.97-1.0-0.77-0.910.970.03-0.820.060.030.63
0.21-0.010.2-0.27-0.23-0.320.770.38-0.110.10.440.2-0.01-0.3-0.160.0-0.03-0.16-0.14-0.091.0-0.2-0.50.030.49
-0.32-0.550.52-0.530.510.070.38-0.37-0.42-0.38-0.16-0.4-0.43-0.8-0.530.53-0.65-0.48-0.60.50.49-0.59-0.450.630.49
Click cells to compare fundamentals

Lulus Fashion Account Relationship Matchups

Lulus Fashion fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab21.5M10.4M31.7M27.0M20.5M20.3M
Total Current Liabilities51.2M41.3M43.1M47.6M61.9M48.7M
Other Liab4.0M2.5M1.1M623K560.7K532.7K
Net Tangible Assets(214.9M)(225.2M)(11.7M)7.9M9.0M9.5M
Retained Earnings(160.3M)(179.6M)(177.6M)(173.9M)(193.2M)(202.9M)
Accounts Payable11.0M7.2M4.2M5.3M8.9M5.6M
Other Assets3.0M3.0M5.3M4.3M1.00.95
Net Receivables6.4M6.6M6.4M8.0M6.1M6.7M
Inventory29.4M18.0M22.2M43.2M35.5M30.1M
Other Current Assets1.1M2.7M9.1M7.6M8.5M5.5M
Total Current Assets46.8M42.8M49.1M69.0M52.5M52.7M
Property Plant Equipment4.1M3.1M3.2M36.9M42.4M44.6M

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Additional Tools for Lulus Stock Analysis

When running Lulus Fashion's price analysis, check to 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 predict the probability of Lulus Fashion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lulus Fashion's price. Additionally, you may evaluate how the addition of Lulus Fashion to your portfolios can decrease your overall portfolio volatility.