LFG Stock | | | 3.32 0.08 2.47% |
Liberty Financial financial indicator trend analysis is infinitely more than just investigating Liberty Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Liberty Financial is a good investment. Please check the relationship between Liberty Financial Net Income and its Income Before Tax accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liberty Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Income vs Income Before Tax
Net Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Liberty Financial Net Income account and
Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Liberty Financial's Net Income and Income Before Tax is 0.82. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Liberty Financial Group, assuming nothing else is changed. The correlation between historical values of Liberty Financial's Net Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Liberty Financial Group are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income i.e., Liberty Financial's Net Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Liberty Financial financial statement analysis. It represents the amount of money remaining after all of Liberty Financial Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Liberty Financial income statement and is an important metric when analyzing Liberty Financial 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.
Most indicators from Liberty Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Liberty Financial 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 Liberty Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about 22.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 81.3
M in 2024.
Liberty Financial fundamental ratios Correlations
Click cells to compare fundamentals
Liberty Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Liberty Financial fundamental ratios Accounts
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Additional Tools for Liberty Stock Analysis
When running Liberty Financial's price analysis, check to
measure Liberty Financial'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 Liberty Financial is operating at the current time. Most of Liberty Financial's value examination focuses on studying past and present price action to
predict the probability of Liberty Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Liberty Financial's price. Additionally, you may evaluate how the addition of Liberty Financial to your portfolios can decrease your overall portfolio volatility.