Legacy Debt Ratio from 2010 to 2024

LEGH Stock  USD 26.54  0.76  2.95%   
Legacy Housing's Debt Ratio is decreasing with slightly volatile movements from year to year. Debt Ratio is predicted to flatten to 0.05. For the period between 2010 and 2024, Legacy Housing, Debt Ratio quarterly trend regression had mean deviation of  0.1 and range of 0.27. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.04769488
Current Value
0.0453
Quarterly Volatility
0.10492029
 
Credit Downgrade
 
Yuan Drop
 
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 Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Legacy Housing Corp over the last few years. It is Legacy Housing's Debt Ratio 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.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Legacy Debt Ratio Regression Statistics

Arithmetic Mean0.16
Geometric Mean0.12
Coefficient Of Variation63.75
Mean Deviation0.1
Median0.25
Standard Deviation0.10
Sample Variance0.01
Range0.27
R-Value(0.87)
Mean Square Error0
R-Squared0.76
Significance0.000026
Slope(0.02)
Total Sum of Squares0.15

Legacy Debt Ratio History

2024 0.0453
2023 0.0477
2022 0.0122
2021 0.0218
2019 0.11
2018 0.0751
2017 0.28

Other Fundumenentals of Legacy Housing Corp

Legacy Housing Debt Ratio component correlations

1.00.980.75-0.70.920.12-0.670.73-0.81-0.040.90.920.4-0.830.960.980.50.920.870.29-0.830.880.86
1.00.980.76-0.750.920.05-0.710.71-0.85-0.120.890.930.41-0.860.970.980.520.910.860.31-0.820.890.85
0.980.980.81-0.780.880.04-0.740.69-0.84-0.130.870.930.46-0.840.980.980.560.860.870.47-0.830.90.81
0.750.760.81-0.780.670.05-0.670.37-0.68-0.150.720.850.56-0.690.860.760.570.550.540.6-0.870.790.53
-0.7-0.75-0.78-0.78-0.710.270.92-0.390.90.65-0.66-0.76-0.490.87-0.81-0.71-0.45-0.54-0.51-0.480.7-0.7-0.51
0.920.920.880.67-0.71-0.02-0.660.85-0.84-0.260.90.860.24-0.810.870.930.50.940.860.23-0.810.860.9
0.120.050.040.050.27-0.020.22-0.070.240.730.26-0.170.31-0.1-0.030.04-0.46-0.06-0.13-0.1-0.31-0.24-0.21
-0.67-0.71-0.74-0.670.92-0.660.22-0.380.950.58-0.73-0.66-0.70.88-0.75-0.67-0.19-0.51-0.48-0.460.57-0.6-0.44
0.730.710.690.37-0.390.85-0.07-0.38-0.6-0.120.680.68-0.07-0.530.620.790.510.870.910.29-0.550.70.86
-0.81-0.85-0.84-0.680.9-0.840.240.95-0.60.53-0.83-0.8-0.540.9-0.85-0.81-0.34-0.74-0.68-0.350.65-0.76-0.68
-0.04-0.12-0.13-0.150.65-0.260.730.58-0.120.53-0.06-0.19-0.010.37-0.17-0.09-0.22-0.07-0.07-0.190.05-0.2-0.13
0.90.890.870.72-0.660.90.26-0.730.68-0.83-0.060.760.61-0.850.860.890.20.810.720.29-0.850.740.7
0.920.930.930.85-0.760.86-0.17-0.660.68-0.8-0.190.760.29-0.730.960.920.740.860.850.41-0.770.970.87
0.40.410.460.56-0.490.240.31-0.7-0.07-0.54-0.010.610.29-0.560.480.37-0.270.120.080.4-0.450.22-0.02
-0.83-0.86-0.84-0.690.87-0.81-0.10.88-0.530.90.37-0.85-0.73-0.56-0.82-0.79-0.2-0.66-0.58-0.290.74-0.62-0.56
0.960.970.980.86-0.810.87-0.03-0.750.62-0.85-0.170.860.960.48-0.820.960.590.850.820.44-0.840.930.81
0.980.980.980.76-0.710.930.04-0.670.79-0.81-0.090.890.920.37-0.790.960.580.930.920.42-0.830.920.88
0.50.520.560.57-0.450.5-0.46-0.190.51-0.34-0.220.20.74-0.27-0.20.590.580.560.670.45-0.440.780.7
0.920.910.860.55-0.540.94-0.06-0.510.87-0.74-0.070.810.860.12-0.660.850.930.560.940.14-0.680.890.98
0.870.860.870.54-0.510.86-0.13-0.480.91-0.68-0.070.720.850.08-0.580.820.920.670.940.39-0.620.880.94
0.290.310.470.6-0.480.23-0.1-0.460.29-0.35-0.190.290.410.4-0.290.440.420.450.140.39-0.430.410.16
-0.83-0.82-0.83-0.870.7-0.81-0.310.57-0.550.650.05-0.85-0.77-0.450.74-0.84-0.83-0.44-0.68-0.62-0.43-0.75-0.62
0.880.890.90.79-0.70.86-0.24-0.60.7-0.76-0.20.740.970.22-0.620.930.920.780.890.880.41-0.750.92
0.860.850.810.53-0.510.9-0.21-0.440.86-0.68-0.130.70.87-0.02-0.560.810.880.70.980.940.16-0.620.92
Click cells to compare fundamentals

About Legacy Housing Financial Statements

Investors use fundamental indicators, such as Legacy Housing's Debt Ratio, 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
Debt Ratio 0.05  0.05 
Cash Flow To Debt Ratio(0.56)(0.53)

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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.