Lifetime Depreciation And Amortization vs Income Tax Expense Analysis

LCUT Stock  USD 10.77  0.26  2.36%   
Lifetime Brands financial indicator trend analysis is infinitely more than just investigating Lifetime Brands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifetime Brands is a good investment. Please check the relationship between Lifetime Brands Depreciation And Amortization and its Income Tax Expense accounts. 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 tightly coupled 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.

Depreciation And Amortization vs Income Tax Expense

Depreciation And Amortization vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lifetime Brands Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lifetime Brands' Depreciation And Amortization and Income Tax Expense is 0.52. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Lifetime Brands, assuming nothing else is changed. The correlation between historical values of Lifetime Brands' Depreciation And Amortization 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 Depreciation And Amortization of Lifetime Brands 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 Depreciation And Amortization i.e., Lifetime Brands' Depreciation And Amortization and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Income Tax Expense

Most indicators from Lifetime Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 Lifetime Brands. Also, note that the market value of any company could be tightly coupled 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' Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 117.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense15.5M17.2M22.6M23.8M
Depreciation And Amortization37.3M21.0M19.6M10.1M

Lifetime Brands fundamental ratios Correlations

0.960.650.870.790.860.95-0.350.810.97-0.730.810.940.790.910.860.850.970.980.670.870.540.950.880.890.9
0.960.560.790.650.911.0-0.50.80.98-0.790.80.840.860.950.780.80.890.990.680.780.570.960.80.890.89
0.650.560.880.370.540.53-0.460.790.49-0.560.790.740.530.460.650.520.630.660.590.640.540.490.860.580.59
0.870.790.880.580.810.77-0.460.90.73-0.770.90.920.680.690.820.760.840.870.720.820.690.70.980.760.76
0.790.650.370.580.480.650.20.510.74-0.330.510.760.530.750.870.620.790.690.230.880.230.730.610.760.75
0.860.910.540.810.480.9-0.660.810.84-0.920.810.790.750.830.690.760.790.910.770.710.730.770.770.780.78
0.951.00.530.770.650.9-0.50.770.98-0.780.770.830.850.950.760.80.890.980.680.770.560.960.770.880.89
-0.35-0.5-0.46-0.460.2-0.66-0.5-0.48-0.340.65-0.48-0.31-0.48-0.34-0.13-0.42-0.32-0.47-0.76-0.15-0.59-0.32-0.38-0.39-0.4
0.810.80.790.90.510.810.77-0.480.71-0.761.00.820.760.740.780.630.740.850.580.80.670.690.880.750.76
0.970.980.490.730.740.840.98-0.340.71-0.70.710.840.80.950.770.80.910.960.620.780.480.990.760.880.88
-0.73-0.79-0.56-0.77-0.33-0.92-0.780.65-0.76-0.7-0.76-0.67-0.73-0.72-0.61-0.55-0.62-0.8-0.69-0.62-0.62-0.63-0.75-0.68-0.68
0.810.80.790.90.510.810.77-0.481.00.71-0.760.820.760.740.780.630.740.850.580.80.670.690.880.750.76
0.940.840.740.920.760.790.83-0.310.820.84-0.670.820.640.760.840.870.960.910.720.860.540.810.920.810.82
0.790.860.530.680.530.750.85-0.480.760.8-0.730.760.640.890.760.590.680.840.530.760.420.810.70.920.92
0.910.950.460.690.750.830.95-0.340.740.95-0.720.740.760.890.850.670.820.930.490.860.490.930.710.920.92
0.860.780.650.820.870.690.76-0.130.780.77-0.610.780.840.760.850.640.810.840.390.990.470.740.820.860.86
0.850.80.520.760.620.760.8-0.420.630.8-0.550.630.870.590.670.640.940.820.850.650.480.790.740.780.78
0.970.890.630.840.790.790.89-0.320.740.91-0.620.740.960.680.820.810.940.920.730.820.480.90.840.860.87
0.980.990.660.870.690.910.98-0.470.850.96-0.80.850.910.840.930.840.820.920.70.840.60.940.880.90.9
0.670.680.590.720.230.770.68-0.760.580.62-0.690.580.720.530.490.390.850.730.70.410.580.60.690.630.65
0.870.780.640.820.880.710.77-0.150.80.78-0.620.80.860.760.860.990.650.820.840.410.50.750.820.880.88
0.540.570.540.690.230.730.56-0.590.670.48-0.620.670.540.420.490.470.480.480.60.580.50.420.60.470.47
0.950.960.490.70.730.770.96-0.320.690.99-0.630.690.810.810.930.740.790.90.940.60.750.420.740.880.88
0.880.80.860.980.610.770.77-0.380.880.76-0.750.880.920.70.710.820.740.840.880.690.820.60.740.770.78
0.890.890.580.760.760.780.88-0.390.750.88-0.680.750.810.920.920.860.780.860.90.630.880.470.880.771.0
0.90.890.590.760.750.780.89-0.40.760.88-0.680.760.820.920.920.860.780.870.90.650.880.470.880.781.0
Click cells to compare fundamentals

Lifetime Brands Account Relationship Matchups

Lifetime Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets770.0M807.5M829.1M725.9M667.1M700.5M
Short Long Term Debt Total418.4M397.8M351.1M343.7M285.1M299.3M
Other Current Liab180K84.8M113.3M68.2M78.4M82.3M
Total Current Liabilities107.3M180.1M214.3M129.9M152.0M159.6M
Total Stockholder Equity236.3M230.1M255.6M240.1M230.9M142.3M
Property Plant And Equipment Net135.0M119.7M107.2M92.9M86.7M91.1M
Net Debt407.0M361.8M323.1M320.1M268.9M282.3M
Retained Earnings7.2M424K17.4M1.1M(13.6M)(12.9M)
Cash11.4M36.0M28.0M23.6M16.2M17.0M
Non Current Assets Total440.9M386.2M344.0M325.6M290.8M305.3M
Non Currrent Assets Other(9.6M)(8.2M)(11.0M)(3.3M)(5.1M)(4.9M)
Cash And Short Term Investments11.4M36.0M28.0M23.6M16.2M17.0M
Net Receivables130.2M170.0M175.1M141.2M155.2M162.9M
Common Stock Shares Outstanding20.6M20.9M22.0M21.6M21.2M15.5M
Liabilities And Stockholders Equity770.0M807.5M829.1M725.9M667.1M700.5M
Non Current Liabilities Total426.4M397.3M359.1M355.9M284.3M149.3M
Inventory173.4M203.2M270.5M222.2M188.6M108.0M
Other Current Assets14.1M12.1M11.5M13.3M16.3M17.2M
Other Stockholder Equity263.4M268.7M271.6M274.6M277.7M291.6M
Total Liab533.7M577.3M573.4M485.8M436.3M458.1M
Property Plant And Equipment Gross135.0M119.7M107.2M92.9M228.9M240.3M
Total Current Assets329.2M421.3M485.1M400.3M376.4M193.6M
Accumulated Other Comprehensive Income(34.5M)(39.2M)(33.5M)(35.9M)(33.5M)(31.8M)
Short Term Debt19.1M29.1M18.4M14.0M18.8M16.5M
Intangible Assets231.1M213.8M182.4M180.7M165.9M174.2M
Accounts Payable36.2M66.1M82.6M38.1M54.2M56.9M
Common Stock Total Equity208K213K218K220K250.7K156.2K
Common Stock208K213K218K220K250.7K159.5K
Other Assets2.4M119.0M1.8M6.3M7.3M9.8M
Good Will91.7M49.4M30.3M33.2M38.2M25.7M
Property Plant Equipment28.2M23.1M20.7M18.0M16.2M22.6M
Current Deferred Revenue79K51.9M10.7M9.6M641K609.0K
Other Liab27.1M28.6M25.5M26.2M30.1M20.8M
Long Term Debt287.1M266.3M241.9M253.3M196.2M137.0M
Net Tangible Assets68.0M88.5M133.8M102.6M92.4M98.4M
Retained Earnings Total Equity7.2M424K17.4M1.1M1.0M979.0K
Short Term Investments11K42K427K122K140.3K147.3K
Long Term Debt Total287.1M266.3M241.9M253.3M291.3M184.8M
Capital Surpluse263.4M268.7M271.6M274.6M315.8M228.1M
Deferred Long Term Liab13.7M10.7M12.8M9.6M8.6M7.9M

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

  0.66SN SharkNinjaPairCorr

Moving against Lifetime Stock

  0.62NTZ Natuzzi SpAPairCorr
  0.53LEG Leggett Platt Buyout TrendPairCorr
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
When determining whether Lifetime Brands is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Lifetime Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lifetime Brands Stock. Highlighted below are key reports to facilitate an investment decision about Lifetime Brands Stock:
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 tightly coupled 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.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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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.
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Is Lifetime Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lifetime Brands. If investors know Lifetime will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lifetime Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Dividend Share
0.17
Earnings Share
(0.28)
Revenue Per Share
32.19
Quarterly Revenue Growth
(0.02)
The market value of Lifetime Brands is measured differently than its book value, which is the value of Lifetime that is recorded on the company's balance sheet. Investors also form their own opinion of Lifetime Brands' value that differs from its market value or its book value, called intrinsic value, which is Lifetime Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lifetime Brands' market value can be influenced by many factors that don't directly affect Lifetime Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lifetime Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lifetime Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lifetime Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.