Leggett Interest Income vs Cost Of Revenue Analysis

0JTT Stock   11.69  0.31  2.58%   
Leggett Platt financial indicator trend analysis is infinitely more than just investigating Leggett Platt recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leggett Platt is a good investment. Please check the relationship between Leggett Platt Interest Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Leggett Platt. 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.

Interest Income vs Cost Of Revenue

Interest Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leggett Platt Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Leggett Platt's Interest Income and Cost Of Revenue is 0.61. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Leggett Platt, assuming nothing else is changed. The correlation between historical values of Leggett Platt's Interest Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Leggett Platt are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Income i.e., Leggett Platt's Interest Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Cost Of Revenue

Cost of Revenue is found on Leggett Platt income statement and represents the costs associated with goods and services Leggett Platt provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Leggett Platt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leggett Platt 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Leggett Platt. 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 73.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 457.5 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue5.1B5.1B4.7B3.6B
Depreciation And Amortization184M177M177.9M126.5M

Leggett Platt fundamental ratios Correlations

0.860.510.780.860.970.830.930.640.98-0.140.640.910.370.950.940.6-0.830.980.940.420.790.940.0-0.680.87
0.860.280.850.710.920.990.690.380.870.160.380.74-0.010.860.820.54-0.760.860.760.640.780.77-0.44-0.490.87
0.510.280.520.580.450.20.710.650.41-0.320.650.780.70.370.470.71-0.720.460.670.010.150.520.09-0.850.17
0.780.850.520.770.80.790.690.590.71-0.060.590.80.230.640.80.76-0.780.730.830.80.510.76-0.51-0.690.75
0.860.710.580.770.80.650.850.640.81-0.270.640.870.630.690.820.61-0.730.750.870.460.590.73-0.11-0.850.73
0.970.920.450.80.80.90.880.550.970.010.550.880.240.950.910.58-0.860.970.890.460.770.92-0.15-0.640.87
0.830.990.20.790.650.90.630.260.860.240.260.68-0.080.860.790.46-0.710.840.690.610.80.73-0.43-0.410.85
0.930.690.710.690.850.880.630.740.88-0.340.740.960.560.850.890.59-0.90.90.950.210.620.920.13-0.820.71
0.640.380.650.590.640.550.260.740.53-0.51.00.740.570.490.610.69-0.650.60.80.30.240.680.14-0.690.47
0.980.870.410.710.810.970.860.880.53-0.050.530.830.30.970.890.52-0.760.980.860.390.860.90.02-0.60.89
-0.140.16-0.32-0.06-0.270.010.24-0.34-0.5-0.05-0.5-0.23-0.4-0.02-0.22-0.110.19-0.09-0.310.19-0.07-0.28-0.460.27-0.04
0.640.380.650.590.640.550.260.741.00.53-0.50.740.570.490.610.69-0.650.60.80.30.240.680.14-0.690.47
0.910.740.780.80.870.880.680.960.740.83-0.230.740.540.80.890.72-0.920.860.970.350.540.87-0.07-0.860.68
0.37-0.010.70.230.630.24-0.080.560.570.3-0.40.570.540.160.290.37-0.320.260.47-0.07-0.010.280.32-0.790.15
0.950.860.370.640.690.950.860.850.490.97-0.020.490.80.160.870.45-0.770.980.820.280.870.890.05-0.490.84
0.940.820.470.80.820.910.790.890.610.89-0.220.610.890.290.870.53-0.80.920.950.480.690.93-0.07-0.610.83
0.60.540.710.760.610.580.460.590.690.52-0.110.690.720.370.450.53-0.640.550.70.50.320.59-0.19-0.670.45
-0.83-0.76-0.72-0.78-0.73-0.86-0.71-0.9-0.65-0.760.19-0.65-0.92-0.32-0.77-0.8-0.64-0.81-0.87-0.3-0.54-0.850.180.79-0.62
0.980.860.460.730.750.970.840.90.60.98-0.090.60.860.260.980.920.55-0.810.90.380.810.950.04-0.570.86
0.940.760.670.830.870.890.690.950.80.86-0.310.80.970.470.820.950.7-0.870.90.440.590.93-0.03-0.780.76
0.420.640.010.80.460.460.610.210.30.390.190.30.35-0.070.280.480.5-0.30.380.440.250.38-0.69-0.260.62
0.790.780.150.510.590.770.80.620.240.86-0.070.240.54-0.010.870.690.32-0.540.810.590.250.70.1-0.270.74
0.940.770.520.760.730.920.730.920.680.9-0.280.680.870.280.890.930.59-0.850.950.930.380.70.07-0.60.79
0.0-0.440.09-0.51-0.11-0.15-0.430.130.140.02-0.460.14-0.070.320.05-0.07-0.190.180.04-0.03-0.690.10.070.11-0.2
-0.68-0.49-0.85-0.69-0.85-0.64-0.41-0.82-0.69-0.60.27-0.69-0.86-0.79-0.49-0.61-0.670.79-0.57-0.78-0.26-0.27-0.60.11-0.46
0.870.870.170.750.730.870.850.710.470.89-0.040.470.680.150.840.830.45-0.620.860.760.620.740.79-0.2-0.46
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Leggett Platt Account Relationship Matchups

Leggett Platt fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B4.8B5.3B5.2B4.6B3.0B
Short Long Term Debt Total2.3B2.1B2.3B2.3B2.2B2.3B
Other Current Liab313M286.4M296M312.1M282.9M276.5M
Total Current Liabilities928.1M1.0B1.3B968.1M1.3B1.3B
Total Stockholder Equity1.3B1.4B1.6B1.6B1.3B1.4B
Property Plant And Equipment Net989.6M946.4M974.1M967.4M978.4M697.7M
Net Debt2.0B1.7B1.9B2.0B1.8B1.9B
Retained Earnings2.7B2.8B3.0B3.0B2.7B1.7B
Cash247.6M348.9M361.7M316.5M365.5M193.2M
Non Current Assets Total3.3B3.1B3.2B3.2B2.8B1.7B
Non Currrent Assets Other64.4M(57.3M)(56M)(48M)31.3M25.2M
Cash And Short Term Investments247.6M348.9M361.7M316.5M365.5M193.2M
Net Receivables591.9M563.6M651.5M675M637.3M500.8M
Common Stock Shares Outstanding135.4M135.9M136.7M136.5M136.3M127.5M
Liabilities And Stockholders Equity4.8B4.8B5.3B5.2B4.6B3.0B
Non Current Liabilities Total2.6B2.4B2.3B2.6B2.0B1.0B
Inventory636.7M645.5M993.2M907.5M819.7M523.4M
Other Current Assets51M61.9M54.1M58.9M59M63.8M
Other Stockholder Equity(1.3B)(1.3B)(1.3B)(1.3B)(1.3B)(1.2B)
Total Liab3.5B3.4B3.7B3.5B3.3B1.7B
Total Current Assets1.5B1.6B2.1B2.0B1.9B1.3B
Short Term Debt129.7M135.7M389.6M108.4M422.6M443.7M
Intangible Assets764M806.7M818.3M786.3M167.5M308.4M
Accounts Payable463.4M552.2M613.8M518.4M536.2M274.7M
Accumulated Other Comprehensive Income(76.8M)(52.4M)(38.3M)(93.5M)(43.7M)(41.5M)
Current Deferred Revenue11.9M19.4M19.5M18.1M12.1M11.5M
Good Will1.4B1.4B1.4B1.5B1.5B1.2B
Long Term Debt1.1B1.2B2.1B1.8B2.1B1.6B
Capital Surpluse514.7M527.1M536.1M543.2M624.7M578.0M
Treasury Stock(1.8B)(1.9B)(1.9B)(1.9B)(1.7B)(1.8B)
Property Plant Equipment993.9M950M977.9M971.6M1.1B919.5M
Other Liab387.7M397.5M380.3M348.8M401.1M374.2M
Net Tangible Assets(858.3M)(665.8M)(509.4M)(509.1M)(458.2M)(481.1M)

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