Leggett Platt Incorporated Stock Current Liabilities
LEG Stock | USD 10.64 0.13 1.21% |
Leggett Platt Incorporated fundamentals help investors to digest information that contributes to Leggett Platt's financial success or failures. It also enables traders to predict the movement of Leggett Stock. The fundamental analysis module provides a way to measure Leggett Platt's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Leggett Platt stock.
At this time, Leggett Platt's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Leggett Platt's current Non Current Liabilities Total is estimated to increase to about 2.5 B, while Non Current Liabilities Other is projected to decrease to roughly 18.8 M. Leggett | Current Liabilities |
Leggett Platt Incorporated Company Current Liabilities Analysis
Leggett Platt's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Leggett Platt Current Liabilities | 701.2 M |
Most of Leggett Platt's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Leggett Platt Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Leggett Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Leggett Platt is extremely important. It helps to project a fair market value of Leggett Stock properly, considering its historical fundamentals such as Current Liabilities. Since Leggett Platt's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Leggett Platt's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Leggett Platt's interrelated accounts and indicators.
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Leggett Current Liabilities Historical Pattern
Today, most investors in Leggett Platt Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Leggett Platt's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Leggett Platt current liabilities as a starting point in their analysis.
Leggett Platt Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Leggett Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Leggett Platt Incorporated has a Current Liabilities of 701.2 M. This is 98.48% lower than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The current liabilities for all United States stocks is 91.13% higher than that of the company.
Leggett Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Leggett Platt's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Leggett Platt could also be used in its relative valuation, which is a method of valuing Leggett Platt by comparing valuation metrics of similar companies.Leggett Platt is currently under evaluation in current liabilities category among its peers.
Leggett Platt ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Leggett Platt's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Leggett Platt's managers, analysts, and investors.Environmental | Governance | Social |
Leggett Fundamentals
Return On Equity | -0.69 | ||||
Return On Asset | 0.0371 | ||||
Profit Margin | (0.19) % | ||||
Operating Margin | 0.08 % | ||||
Current Valuation | 3.23 B | ||||
Shares Outstanding | 134.3 M | ||||
Shares Owned By Insiders | 2.09 % | ||||
Shares Owned By Institutions | 77.93 % | ||||
Number Of Shares Shorted | 5.01 M | ||||
Price To Earning | 13.50 X | ||||
Price To Book | 1.93 X | ||||
Price To Sales | 0.33 X | ||||
Revenue | 4.73 B | ||||
Gross Profit | 777.8 M | ||||
EBITDA | 93.2 M | ||||
Net Income | (136.8 M) | ||||
Cash And Equivalents | 316.5 M | ||||
Cash Per Share | 1.71 X | ||||
Total Debt | 2.2 B | ||||
Debt To Equity | 1.50 % | ||||
Current Ratio | 2.07 X | ||||
Book Value Per Share | 5.52 X | ||||
Cash Flow From Operations | 497.2 M | ||||
Short Ratio | 2.28 X | ||||
Earnings Per Share | (5.94) X | ||||
Price To Earnings To Growth | (4.11) X | ||||
Target Price | 12.67 | ||||
Number Of Employees | 19.3 K | ||||
Beta | 1.09 | ||||
Market Capitalization | 1.45 B | ||||
Total Asset | 4.63 B | ||||
Retained Earnings | 2.66 B | ||||
Working Capital | 618.8 M | ||||
Current Asset | 1.31 B | ||||
Current Liabilities | 701.2 M | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 3.85 % | ||||
Net Asset | 4.63 B | ||||
Last Dividend Paid | 1.02 |
About Leggett Platt Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Leggett Platt Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Leggett Platt using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Leggett Platt Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Leggett Platt Piotroski F Score and Leggett Platt Altman Z Score analysis. 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 Leggett Platt. If investors know Leggett 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 Leggett Platt 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 (0.16) | Dividend Share 1.02 | Earnings Share (5.94) | Revenue Per Share | Quarterly Revenue Growth (0.06) |
The market value of Leggett Platt is measured differently than its book value, which is the value of Leggett that is recorded on the company's balance sheet. Investors also form their own opinion of Leggett Platt's value that differs from its market value or its book value, called intrinsic value, which is Leggett Platt'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 Leggett Platt's market value can be influenced by many factors that don't directly affect Leggett Platt'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 Leggett Platt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Leggett Platt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leggett Platt'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.