Lifetime Historical Income Statement

LCUT Stock  USD 10.32  0.31  2.92%   
Historical analysis of Lifetime Brands income statement accounts such as Gross Profit of 149.4 M can show how well Lifetime Brands performed in making a profits. Evaluating Lifetime Brands income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lifetime Brands's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Lifetime Brands latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lifetime Brands is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifetime Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Lifetime Stock please use our How to Invest in Lifetime Brands guide.

About Lifetime Income Statement Analysis

Lifetime Brands Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lifetime Brands shareholders. The income statement also shows Lifetime investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Lifetime Brands Income Statement Chart

At this time, Lifetime Brands' Interest Expense is comparatively stable compared to the past year. Non Recurring is likely to gain to about 9.9 M in 2024, whereas Gross Profit is likely to drop slightly above 149.4 M in 2024.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Lifetime Brands generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Lifetime Brands minus its cost of goods sold. It is profit before Lifetime Brands 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.

Operating Income

Operating Income is the amount of profit realized from Lifetime Brands operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lifetime Brands is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Lifetime Brands' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lifetime Brands current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Lifetime Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Lifetime Stock please use our How to Invest in Lifetime Brands guide.At this time, Lifetime Brands' Interest Expense is comparatively stable compared to the past year. Non Recurring is likely to gain to about 9.9 M in 2024, whereas Gross Profit is likely to drop slightly above 149.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense15.5M17.2M22.6M23.8M
Depreciation And Amortization37.3M21.0M19.6M10.1M

Lifetime Brands income statement Correlations

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0.90.51.01.00.680.710.861.00.99-0.04-0.44-0.160.470.960.710.19-0.27-0.220.460.130.65-0.470.53
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0.52-0.010.50.510.470.790.790.720.50.40.690.130.520.360.26-0.130.47-0.03-0.10.880.110.030.05
0.840.580.950.960.960.540.580.750.950.98-0.14-0.45-0.280.360.730.22-0.39-0.350.450.010.64-0.560.58
0.860.770.710.70.710.460.460.690.720.68-0.26-0.59-0.40.260.730.77-0.44-0.260.610.190.88-0.820.84
0.460.780.190.170.190.130.110.290.20.15-0.43-0.57-0.52-0.130.220.77-0.49-0.170.54-0.010.83-0.850.83
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0.32-0.120.170.170.130.60.590.50.170.040.70.230.580.880.010.19-0.010.570.14-0.17-0.010.11-0.01
0.770.870.650.640.650.490.480.650.660.62-0.34-0.68-0.470.110.640.880.83-0.52-0.280.63-0.01-0.90.86
-0.59-0.99-0.47-0.47-0.47-0.29-0.29-0.46-0.47-0.470.430.70.60.03-0.56-0.82-0.850.650.38-0.630.11-0.9-0.93
0.70.90.540.520.530.380.390.560.540.51-0.47-0.77-0.590.050.580.840.83-0.65-0.170.75-0.010.86-0.93
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Lifetime Brands Account Relationship Matchups

Lifetime Brands income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization25.1M24.7M37.3M21.0M19.6M10.1M
Interest Expense20.4M17.3M15.5M17.2M22.6M23.8M
Total Revenue734.9M769.2M862.9M727.7M686.7M392.0M
Gross Profit255.2M274.0M303.3M260.3M254.2M149.4M
Other Operating Expenses713.9M723.9M797.3M696.8M654.2M370.3M
Operating Income21.0M45.3M50.8M24.3M32.5M19.0M
Ebit21.0M45.3M50.8M24.3M32.5M20.4M
Ebitda46.1M69.9M88.1M45.2M52.1M30.5M
Cost Of Revenue479.7M495.2M559.6M467.3M432.4M242.5M
Total Operating Expenses234.2M228.7M237.7M229.5M221.7M127.8M
Income Before Tax(43.8M)5.5M36.4M9.0M10.5M7.6M
Total Other Income Expense Net(64.8M)(39.7M)(14.5M)(15.2M)(22.0M)(20.9M)
Net Income(44.9M)(4.3M)20.8M3.3M(8.4M)(8.0M)
Income Tax Expense1.1M9.9M16.5M5.7M6.2M5.6M
Selling General Administrative161.6M155.9M156.9M154.5M152.6M117.2M
Net Income Applicable To Common Shares(44.4M)(3.0M)20.8M(6.2M)(5.5M)(5.3M)
Selling And Marketing Expenses72.5M72.8M80.8M74.9M69.2M63.9M
Net Income From Continuing Ops(44.9M)(4.3M)19.8M3.3M(7.8M)(7.5M)
Non Operating Income Net Other467K(834K)2.0M(7.5M)(6.7M)(6.4M)
Non Recurring44.4M20.3M14.8M6.6M7.5M9.9M
Tax Provision1.1M9.9M16.5M5.7M5.2M7.8M
Net Interest Income(20.4M)(17.3M)(15.5M)(17.2M)(21.2M)(22.3M)
Reconciled Depreciation25.1M24.7M22.5M19.5M19.6M23.4M

Pair Trading with Lifetime Brands

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lifetime Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lifetime Brands will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lifetime Stock

  0.7SN SharkNinja Sell-off TrendPairCorr

Moving against Lifetime Stock

  0.66NTZ Natuzzi SpAPairCorr
  0.57LEG Leggett PlattPairCorr
  0.45NCL Northann CorpPairCorr
  0.42HBB Hamilton Beach BrandsPairCorr
  0.35FGI FGI IndustriesPairCorr
The ability to find closely correlated positions to Lifetime Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lifetime Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lifetime Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lifetime Brands to buy it.
The correlation of Lifetime Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lifetime Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lifetime Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lifetime Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Lifetime Stock Analysis

When running Lifetime Brands' price analysis, check to measure Lifetime Brands' 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 Lifetime Brands is operating at the current time. Most of Lifetime Brands' value examination focuses on studying past and present price action to predict the probability of Lifetime Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lifetime Brands' price. Additionally, you may evaluate how the addition of Lifetime Brands to your portfolios can decrease your overall portfolio volatility.