Lifeway Operating Income vs Income Tax Expense Analysis

LWAY Stock

USD 20.47 0.57 2.86%

Lifeway Foods financial indicator trend analysis is infinitely more than just investigating Lifeway Foods recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifeway Foods is a good investment. Please check the relationship between Lifeway Foods Operating Income and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifeway Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Lifeway Stock please use our How to Invest in Lifeway Foods guide.

Operating Income vs Income Tax Expense

Operating Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lifeway Foods Operating Income account and Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Lifeway Foods' Operating Income and Income Tax Expense is 0.98. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Lifeway Foods, assuming nothing else is changed. The correlation between historical values of Lifeway Foods' Operating Income 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 Operating Income of Lifeway Foods 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 Operating Income i.e., Lifeway Foods' Operating Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Lifeway Foods 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 Lifeway Foods 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.

Income Tax Expense

Most indicators from Lifeway Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lifeway Foods 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 Lifeway Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Lifeway Stock please use our How to Invest in Lifeway Foods guide.At this time, Lifeway Foods' Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 291.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8 M in 2024.

	2020	2021	2023	2024 (projected)
Gross Profit	26.9M	28.7M	41.9M	44.0M
Total Revenue	102.0M	119.1M	160.1M	168.1M

Gross Profit Total Revenue

Lifeway Foods fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Accounts Payable	Non Currrent Assets Other	Short Term Debt	Other Current Assets	Intangible Assets	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.4	0.56	0.91	0.99	0.65	-0.38	0.98	0.73	0.97	0.82	0.94	0.43	0.46	0.96	-0.35	0.95	0.77	0.96	0.93	0.06	0.25	0.61	0.65	0.3	0.5
Short Long Term Debt Total	0.4		-0.3	0.11	0.32	0.49	0.63	0.24	-0.16	0.51	0.02	0.5	0.45	0.94	0.29	0.07	0.59	0.02	0.25	0.25	-0.11	0.28	-0.38	0.31	0.07	-0.36
Other Current Liab	0.56	-0.3		0.64	0.61	0.23	-0.71	0.66	0.7	0.48	0.65	0.43	0.11	-0.18	0.56	-0.39	0.4	0.7	0.61	0.61	0.23	-0.23	0.85	0.31	0.07	0.64
Total Current Liabilities	0.91	0.11	0.64		0.9	0.45	-0.62	0.92	0.85	0.82	0.86	0.84	0.27	0.13	0.92	-0.3	0.85	0.88	0.94	0.94	0.05	0.39	0.8	0.62	0.27	0.68
Total Stockholder Equity	0.99	0.32	0.61	0.9		0.66	-0.44	0.99	0.75	0.96	0.82	0.92	0.42	0.37	0.96	-0.35	0.9	0.76	0.96	0.92	0.08	0.19	0.66	0.62	0.35	0.52
Property Plant And Equipment Net	0.65	0.49	0.23	0.45	0.66		0.09	0.64	0.2	0.75	0.24	0.58	0.09	0.46	0.62	0.09	0.58	0.23	0.49	0.48	0.18	0.17	0.27	0.49	0.63	-0.03
Net Debt	-0.38	0.63	-0.71	-0.62	-0.44	0.09		-0.51	-0.87	-0.2	-0.75	-0.23	0.18	0.51	-0.49	0.46	-0.21	-0.69	-0.56	-0.49	-0.19	0.08	-0.84	-0.29	0.06	-0.75
Retained Earnings	0.98	0.24	0.66	0.92	0.99	0.64	-0.51		0.79	0.94	0.83	0.89	0.37	0.3	0.97	-0.34	0.88	0.8	0.95	0.91	0.13	0.18	0.73	0.63	0.36	0.54
Cash	0.73	-0.16	0.7	0.85	0.75	0.2	-0.87	0.79		0.57	0.96	0.6	0.04	-0.05	0.81	-0.54	0.64	0.89	0.87	0.77	0.17	0.07	0.83	0.56	-0.03	0.72
Non Current Assets Total	0.97	0.51	0.48	0.82	0.96	0.75	-0.2	0.94	0.57		0.66	0.91	0.48	0.54	0.92	-0.24	0.93	0.66	0.87	0.85	0.1	0.26	0.52	0.65	0.42	0.33
Cash And Short Term Investments	0.82	0.02	0.65	0.86	0.82	0.24	-0.75	0.83	0.96	0.66		0.75	0.17	0.15	0.84	-0.61	0.75	0.88	0.94	0.86	0.08	0.07	0.7	0.55	-0.1	0.72
Net Receivables	0.94	0.5	0.43	0.84	0.92	0.58	-0.23	0.89	0.6	0.91	0.75		0.52	0.52	0.85	-0.23	0.93	0.67	0.91	0.93	-0.21	0.32	0.42	0.48	0.23	0.52
Common Stock Shares Outstanding	0.43	0.45	0.11	0.27	0.42	0.09	0.18	0.37	0.04	0.48	0.17	0.52		0.34	0.33	0.09	0.42	0.08	0.35	0.38	-0.37	0.12	0.0	-0.12	0.3	0.01
Non Current Liabilities Total	0.46	0.94	-0.18	0.13	0.37	0.46	0.51	0.3	-0.05	0.54	0.15	0.52	0.34		0.35	-0.16	0.63	0.14	0.33	0.29	-0.01	0.1	-0.32	0.44	-0.11	-0.24
Inventory	0.96	0.29	0.56	0.92	0.96	0.62	-0.49	0.97	0.81	0.92	0.84	0.85	0.33	0.35		-0.38	0.9	0.79	0.95	0.88	0.16	0.26	0.68	0.72	0.34	0.47
Other Stockholder Equity	-0.35	0.07	-0.39	-0.3	-0.35	0.09	0.46	-0.34	-0.54	-0.24	-0.61	-0.23	0.09	-0.16	-0.38		-0.33	-0.45	-0.45	-0.34	-0.45	0.37	-0.3	-0.32	0.47	-0.34
Total Liab	0.95	0.59	0.4	0.85	0.9	0.58	-0.21	0.88	0.64	0.93	0.75	0.93	0.42	0.63	0.9	-0.33		0.76	0.91	0.89	0.03	0.35	0.45	0.7	0.14	0.41
Property Plant And Equipment Gross	0.77	0.02	0.7	0.88	0.76	0.23	-0.69	0.8	0.89	0.66	0.88	0.67	0.08	0.14	0.79	-0.45	0.76		0.85	0.8	0.23	0.16	0.8	0.7	-0.1	0.67
Total Current Assets	0.96	0.25	0.61	0.94	0.96	0.49	-0.56	0.95	0.87	0.87	0.94	0.91	0.35	0.33	0.95	-0.45	0.91	0.85		0.95	0.01	0.21	0.67	0.61	0.14	0.64
Accounts Payable	0.93	0.25	0.61	0.94	0.92	0.48	-0.49	0.91	0.77	0.85	0.86	0.93	0.38	0.29	0.88	-0.34	0.89	0.8	0.95		-0.06	0.28	0.66	0.49	0.18	0.68
Non Currrent Assets Other	0.06	-0.11	0.23	0.05	0.08	0.18	-0.19	0.13	0.17	0.1	0.08	-0.21	-0.37	-0.01	0.16	-0.45	0.03	0.23	0.01	-0.06		-0.27	0.3	0.38	0.05	-0.29
Short Term Debt	0.25	0.28	-0.23	0.39	0.19	0.17	0.08	0.18	0.07	0.26	0.07	0.32	0.12	0.1	0.26	0.37	0.35	0.16	0.21	0.28	-0.27		0.04	0.33	0.33	0.1
Other Current Assets	0.61	-0.38	0.85	0.8	0.66	0.27	-0.84	0.73	0.83	0.52	0.7	0.42	0.0	-0.32	0.68	-0.3	0.45	0.8	0.67	0.66	0.3	0.04		0.46	0.24	0.67
Intangible Assets	0.65	0.31	0.31	0.62	0.62	0.49	-0.29	0.63	0.56	0.65	0.55	0.48	-0.12	0.44	0.72	-0.32	0.7	0.7	0.61	0.49	0.38	0.33	0.46		0.05	0.22
Current Deferred Revenue	0.3	0.07	0.07	0.27	0.35	0.63	0.06	0.36	-0.03	0.42	-0.1	0.23	0.3	-0.11	0.34	0.47	0.14	-0.1	0.14	0.18	0.05	0.33	0.24	0.05		-0.17
Common Stock Total Equity	0.5	-0.36	0.64	0.68	0.52	-0.03	-0.75	0.54	0.72	0.33	0.72	0.52	0.01	-0.24	0.47	-0.34	0.41	0.67	0.64	0.68	-0.29	0.1	0.67	0.22	-0.17

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Lifeway Foods Account Relationship Matchups

Lifeway Foods fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	56.8M	57.0M	60.1M	70.9M	82.6M	86.8M
Short Long Term Debt Total	6.0M	3.5M	3.1M	7.5M	2.9M	4.3M
Other Current Liab	4.0M	2.7M	725K	4.3M	4.8M	5.1M
Total Current Liabilities	7.5M	9.5M	8.4M	12.1M	16.6M	17.4M
Total Stockholder Equity	42.4M	43.3M	46.9M	49.1M	60.4M	63.5M
Property Plant And Equipment Net	24.6M	23.0M	21.4M	20.3M	23.0M	11.9M
Net Debt	3.0M	(318K)	(4.8M)	(1.8M)	(10.3M)	(9.8M)
Retained Earnings	46.6M	47.0M	50.2M	53.5M	65.8M	69.1M
Cash	3.0M	3.8M	7.9M	9.2M	13.2M	13.9M
Non Current Assets Total	37.9M	37.8M	36.0M	41.8M	44.4M	46.7M
Cash And Short Term Investments	3.0M	3.8M	7.9M	9.2M	13.2M	13.9M
Net Receivables	7.4M	8.0M	9.9M	10.3M	13.9M	14.6M
Common Stock Shares Outstanding	15.8M	15.8M	15.4M	15.8M	15.1M	17.5M
Liabilities And Stockholders Equity	56.8M	57.0M	60.1M	70.9M	82.6M	86.8M
Non Current Liabilities Total	6.9M	4.2M	4.8M	9.7M	5.6M	5.0M
Inventory	5.8M	6.4M	6.9M	8.3M	9.1M	9.6M
Other Stockholder Equity	16.0M	(10.2M)	(9.9M)	(10.9M)	(11.9M)	(11.3M)
Total Liab	14.4M	13.7M	13.2M	21.7M	22.2M	23.3M
Property Plant And Equipment Gross	23.0M	21.4M	53.7M	56.7M	60.9M	64.0M
Total Current Assets	18.9M	19.2M	24.1M	29.0M	38.2M	40.1M
Accounts Payable	4.6M	5.3M	5.6M	6.6M	10.0M	10.5M
Other Current Assets	1.1M	1.6M	1.2M	1.3M	2.0M	2.1M
Intangible Assets	4.0M	3.9M	3.7M	8.0M	6.9M	3.7M
Long Term Debt	2.7M	2.8M	6.2M	5.3M	1.5M	1.4M
Property Plant Equipment	22.3M	21.4M	20.3M	20.9M	24.0M	16.2M
Treasury Stock	(11.8M)	(13.0M)	(12.6M)	(12.5M)	(11.2M)	(10.6M)
Net Tangible Assets	30.3M	34.0M	29.4M	28.4M	32.7M	30.6M
Retained Earnings Total Equity	46.6M	47.0M	50.2M	54.4M	62.6M	50.5M
Long Term Debt Total	6.0M	2.7M	2.8M	5.3M	4.7M	4.4M
Capital Surpluse	2.3M	2.4M	2.6M	3.6M	4.2M	2.6M
Deferred Long Term Liab	390K	922K	1.8M	3.0M	2.7M	1.6M

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When determining whether Lifeway Foods offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lifeway Foods' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lifeway Foods Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lifeway Foods Stock:

How To Invest In Lifeway

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Is Lifeway Stock a good investment?

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What is Lifeway Foods' Net Worth?

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Largest Packaged Foods & Meats Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifeway Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Lifeway Stock please use our How to Invest in Lifeway Foods guide.

Note that the Lifeway Foods information on this page should be used as a complementary analysis to other Lifeway Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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

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Is Lifeway Foods' 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 Lifeway Foods. If investors know Lifeway 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 Lifeway Foods 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

4.521

Earnings Share

0.75

Revenue Per Share

10.917

Quarterly Revenue Growth

0.175

Return On Assets

0.141

The market value of Lifeway Foods is measured differently than its book value, which is the value of Lifeway that is recorded on the company's balance sheet. Investors also form their own opinion of Lifeway Foods' value that differs from its market value or its book value, called intrinsic value, which is Lifeway Foods' 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 Lifeway Foods' market value can be influenced by many factors that don't directly affect Lifeway Foods' 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 Lifeway Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lifeway Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lifeway Foods' 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.

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Lifeway Operating Income vs Income Tax Expense Analysis

Operating Income vs Income Tax Expense

Operating Income vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Operating Income

Income Tax Expense

Lifeway Foods fundamental ratios Correlations

Lifeway Foods Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lifeway Foods fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Lifeway Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Assets
Non Current Assets Total	+ 0.97	Total Assets
Inventory	+ 0.97	Retained Earnings
Inventory	+ 0.96	Total Assets

Cash	- 0.87	Net Debt
Other Current Assets	- 0.84	Net Debt
Common Stock Total Equity	- 0.75	Net Debt
Cash And Short Term Investments	- 0.75	Net Debt
Net Debt	- 0.71	Other Current Liab
Property Plant And Equipment Gross	- 0.69	Net Debt