Legacy Cash And Short Term Investments from 2010 to 2024

LEGH Stock  USD 26.54  0.76  2.95%   
Legacy Housing's Cash And Short Term Investments are increasing with very volatile movements from year to year. Cash And Short Term Investments are estimated to finish at about 950.6 K this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2017-12-31
Previous Quarter
60 K
Current Value
570 K
Quarterly Volatility
3.5 M
 
Covid
Check Legacy Housing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Legacy Housing's main balance sheet or income statement drivers, such as Tax Provision of 9.4 M, Net Interest Income of 2.3 M or Interest Income of 3 M, as well as many indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.0359 or PTB Ratio of 1.87. Legacy financial statements analysis is a perfect complement when working with Legacy Housing Valuation or Volatility modules.
  
Check out the analysis of Legacy Housing Correlation against competitors.

Latest Legacy Housing's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Legacy Housing Corp over the last few years. Short Term Investments is an account in the current assets section of Legacy Housing Corp balance sheet. This account contains Legacy Housing investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Legacy Housing Corp fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Legacy Housing's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Legacy Housing's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Very volatile
   Cash And Short Term Investments   
       Timeline  

Legacy Cash And Short Term Investments Regression Statistics

Arithmetic Mean1,090,975
Geometric Mean1,012,828
Coefficient Of Variation45.22
Mean Deviation285,473
Median1,009,000
Standard Deviation493,376
Sample Variance243.4B
Range2.2M
R-Value0.02
Mean Square Error262B
R-Squared0.0004
Significance0.94
Slope2,212
Total Sum of Squares3.4T

Legacy Cash And Short Term Investments History

2024950.6 K
2023748 K
2021M
2020768 K
20191.7 M
20182.6 M
2017428 K

About Legacy Housing Financial Statements

Investors use fundamental indicators, such as Legacy Housing's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Legacy Housing's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Cash And Short Term Investments748 K950.6 K

Currently Active Assets on Macroaxis

When determining whether Legacy Housing Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Legacy Housing's 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 Legacy Housing Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legacy Housing Corp Stock:
Check out the analysis of Legacy Housing Correlation against competitors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Household Durables space 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 Legacy Housing. If investors know Legacy 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 Legacy Housing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.25
Revenue Per Share
6.744
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0711
Return On Equity
0.1193
The market value of Legacy Housing Corp is measured differently than its book value, which is the value of Legacy that is recorded on the company's balance sheet. Investors also form their own opinion of Legacy Housing's value that differs from its market value or its book value, called intrinsic value, which is Legacy Housing's 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 Legacy Housing's market value can be influenced by many factors that don't directly affect Legacy Housing's 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 Legacy Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legacy Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legacy Housing's 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.