Leggett Operating Income vs Ebit 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 Operating Income and its Ebit 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.

Operating Income vs Ebit

Operating Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leggett Platt Operating Income account and Ebit. At this time, the significance of the direction appears to have strong relationship.

The correlation between Leggett Platt's Operating Income and Ebit is 0.72. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit 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 Operating Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Leggett Platt are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Operating Income i.e., Leggett Platt's Operating Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Leggett Platt operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Leggett Platt is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebit

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 Revenue	5.1B	5.1B	4.7B	3.6B
Depreciation And Amortization	184M	177M	177.9M	126.5M

Total Revenue Depreciation And Amortization

Leggett Platt fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Current Deferred Revenue	Good Will
Total Assets		0.86	0.51	0.78	0.86	0.97	0.83	0.93	0.64	0.98	-0.14	0.64	0.91	0.37	0.95	0.94	0.6	-0.83	0.98	0.94	0.42	0.79	0.94	0.0	-0.68	0.87
Short Long Term Debt Total	0.86		0.28	0.85	0.71	0.92	0.99	0.69	0.38	0.87	0.16	0.38	0.74	-0.01	0.86	0.82	0.54	-0.76	0.86	0.76	0.64	0.78	0.77	-0.44	-0.49	0.87
Other Current Liab	0.51	0.28		0.52	0.58	0.45	0.2	0.71	0.65	0.41	-0.32	0.65	0.78	0.7	0.37	0.47	0.71	-0.72	0.46	0.67	0.01	0.15	0.52	0.09	-0.85	0.17
Total Current Liabilities	0.78	0.85	0.52		0.77	0.8	0.79	0.69	0.59	0.71	-0.06	0.59	0.8	0.23	0.64	0.8	0.76	-0.78	0.73	0.83	0.8	0.51	0.76	-0.51	-0.69	0.75
Total Stockholder Equity	0.86	0.71	0.58	0.77		0.8	0.65	0.85	0.64	0.81	-0.27	0.64	0.87	0.63	0.69	0.82	0.61	-0.73	0.75	0.87	0.46	0.59	0.73	-0.11	-0.85	0.73
Property Plant And Equipment Net	0.97	0.92	0.45	0.8	0.8		0.9	0.88	0.55	0.97	0.01	0.55	0.88	0.24	0.95	0.91	0.58	-0.86	0.97	0.89	0.46	0.77	0.92	-0.15	-0.64	0.87
Net Debt	0.83	0.99	0.2	0.79	0.65	0.9		0.63	0.26	0.86	0.24	0.26	0.68	-0.08	0.86	0.79	0.46	-0.71	0.84	0.69	0.61	0.8	0.73	-0.43	-0.41	0.85
Retained Earnings	0.93	0.69	0.71	0.69	0.85	0.88	0.63		0.74	0.88	-0.34	0.74	0.96	0.56	0.85	0.89	0.59	-0.9	0.9	0.95	0.21	0.62	0.92	0.13	-0.82	0.71
Cash	0.64	0.38	0.65	0.59	0.64	0.55	0.26	0.74		0.53	-0.5	1.0	0.74	0.57	0.49	0.61	0.69	-0.65	0.6	0.8	0.3	0.24	0.68	0.14	-0.69	0.47
Non Current Assets Total	0.98	0.87	0.41	0.71	0.81	0.97	0.86	0.88	0.53		-0.05	0.53	0.83	0.3	0.97	0.89	0.52	-0.76	0.98	0.86	0.39	0.86	0.9	0.02	-0.6	0.89
Non Currrent Assets Other	-0.14	0.16	-0.32	-0.06	-0.27	0.01	0.24	-0.34	-0.5	-0.05		-0.5	-0.23	-0.4	-0.02	-0.22	-0.11	0.19	-0.09	-0.31	0.19	-0.07	-0.28	-0.46	0.27	-0.04
Cash And Short Term Investments	0.64	0.38	0.65	0.59	0.64	0.55	0.26	0.74	1.0	0.53	-0.5		0.74	0.57	0.49	0.61	0.69	-0.65	0.6	0.8	0.3	0.24	0.68	0.14	-0.69	0.47
Net Receivables	0.91	0.74	0.78	0.8	0.87	0.88	0.68	0.96	0.74	0.83	-0.23	0.74		0.54	0.8	0.89	0.72	-0.92	0.86	0.97	0.35	0.54	0.87	-0.07	-0.86	0.68
Common Stock Shares Outstanding	0.37	-0.01	0.7	0.23	0.63	0.24	-0.08	0.56	0.57	0.3	-0.4	0.57	0.54		0.16	0.29	0.37	-0.32	0.26	0.47	-0.07	-0.01	0.28	0.32	-0.79	0.15
Non Current Liabilities Total	0.95	0.86	0.37	0.64	0.69	0.95	0.86	0.85	0.49	0.97	-0.02	0.49	0.8	0.16		0.87	0.45	-0.77	0.98	0.82	0.28	0.87	0.89	0.05	-0.49	0.84
Inventory	0.94	0.82	0.47	0.8	0.82	0.91	0.79	0.89	0.61	0.89	-0.22	0.61	0.89	0.29	0.87		0.53	-0.8	0.92	0.95	0.48	0.69	0.93	-0.07	-0.61	0.83
Other Current Assets	0.6	0.54	0.71	0.76	0.61	0.58	0.46	0.59	0.69	0.52	-0.11	0.69	0.72	0.37	0.45	0.53		-0.64	0.55	0.7	0.5	0.32	0.59	-0.19	-0.67	0.45
Other Stockholder Equity	-0.83	-0.76	-0.72	-0.78	-0.73	-0.86	-0.71	-0.9	-0.65	-0.76	0.19	-0.65	-0.92	-0.32	-0.77	-0.8	-0.64		-0.81	-0.87	-0.3	-0.54	-0.85	0.18	0.79	-0.62
Total Liab	0.98	0.86	0.46	0.73	0.75	0.97	0.84	0.9	0.6	0.98	-0.09	0.6	0.86	0.26	0.98	0.92	0.55	-0.81		0.9	0.38	0.81	0.95	0.04	-0.57	0.86
Total Current Assets	0.94	0.76	0.67	0.83	0.87	0.89	0.69	0.95	0.8	0.86	-0.31	0.8	0.97	0.47	0.82	0.95	0.7	-0.87	0.9		0.44	0.59	0.93	-0.03	-0.78	0.76
Short Term Debt	0.42	0.64	0.01	0.8	0.46	0.46	0.61	0.21	0.3	0.39	0.19	0.3	0.35	-0.07	0.28	0.48	0.5	-0.3	0.38	0.44		0.25	0.38	-0.69	-0.26	0.62
Intangible Assets	0.79	0.78	0.15	0.51	0.59	0.77	0.8	0.62	0.24	0.86	-0.07	0.24	0.54	-0.01	0.87	0.69	0.32	-0.54	0.81	0.59	0.25		0.7	0.1	-0.27	0.74
Accounts Payable	0.94	0.77	0.52	0.76	0.73	0.92	0.73	0.92	0.68	0.9	-0.28	0.68	0.87	0.28	0.89	0.93	0.59	-0.85	0.95	0.93	0.38	0.7		0.07	-0.6	0.79
Common Stock	0.0	-0.44	0.09	-0.51	-0.11	-0.15	-0.43	0.13	0.14	0.02	-0.46	0.14	-0.07	0.32	0.05	-0.07	-0.19	0.18	0.04	-0.03	-0.69	0.1	0.07		0.11	-0.2
Current Deferred Revenue	-0.68	-0.49	-0.85	-0.69	-0.85	-0.64	-0.41	-0.82	-0.69	-0.6	0.27	-0.69	-0.86	-0.79	-0.49	-0.61	-0.67	0.79	-0.57	-0.78	-0.26	-0.27	-0.6	0.11		-0.46
Good Will	0.87	0.87	0.17	0.75	0.73	0.87	0.85	0.71	0.47	0.89	-0.04	0.47	0.68	0.15	0.84	0.83	0.45	-0.62	0.86	0.76	0.62	0.74	0.79	-0.2	-0.46

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Leggett Platt Account Relationship Matchups

Leggett Platt fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.8B	4.8B	5.3B	5.2B	4.6B	3.0B
Short Long Term Debt Total	2.3B	2.1B	2.3B	2.3B	2.2B	2.3B
Other Current Liab	313M	286.4M	296M	312.1M	282.9M	276.5M
Total Current Liabilities	928.1M	1.0B	1.3B	968.1M	1.3B	1.3B
Total Stockholder Equity	1.3B	1.4B	1.6B	1.6B	1.3B	1.4B
Property Plant And Equipment Net	989.6M	946.4M	974.1M	967.4M	978.4M	697.7M
Net Debt	2.0B	1.7B	1.9B	2.0B	1.8B	1.9B
Retained Earnings	2.7B	2.8B	3.0B	3.0B	2.7B	1.7B
Cash	247.6M	348.9M	361.7M	316.5M	365.5M	193.2M
Non Current Assets Total	3.3B	3.1B	3.2B	3.2B	2.8B	1.7B
Non Currrent Assets Other	64.4M	(57.3M)	(56M)	(48M)	31.3M	25.2M
Cash And Short Term Investments	247.6M	348.9M	361.7M	316.5M	365.5M	193.2M
Net Receivables	591.9M	563.6M	651.5M	675M	637.3M	500.8M
Common Stock Shares Outstanding	135.4M	135.9M	136.7M	136.5M	136.3M	127.5M
Liabilities And Stockholders Equity	4.8B	4.8B	5.3B	5.2B	4.6B	3.0B
Non Current Liabilities Total	2.6B	2.4B	2.3B	2.6B	2.0B	1.0B
Inventory	636.7M	645.5M	993.2M	907.5M	819.7M	523.4M
Other Current Assets	51M	61.9M	54.1M	58.9M	59M	63.8M
Other Stockholder Equity	(1.3B)	(1.3B)	(1.3B)	(1.3B)	(1.3B)	(1.2B)
Total Liab	3.5B	3.4B	3.7B	3.5B	3.3B	1.7B
Total Current Assets	1.5B	1.6B	2.1B	2.0B	1.9B	1.3B
Short Term Debt	129.7M	135.7M	389.6M	108.4M	422.6M	443.7M
Intangible Assets	764M	806.7M	818.3M	786.3M	167.5M	308.4M
Accounts Payable	463.4M	552.2M	613.8M	518.4M	536.2M	274.7M
Accumulated Other Comprehensive Income	(76.8M)	(52.4M)	(38.3M)	(93.5M)	(43.7M)	(41.5M)
Current Deferred Revenue	11.9M	19.4M	19.5M	18.1M	12.1M	11.5M
Good Will	1.4B	1.4B	1.4B	1.5B	1.5B	1.2B
Long Term Debt	1.1B	1.2B	2.1B	1.8B	2.1B	1.6B
Capital Surpluse	514.7M	527.1M	536.1M	543.2M	624.7M	578.0M
Treasury Stock	(1.8B)	(1.9B)	(1.9B)	(1.9B)	(1.7B)	(1.8B)
Property Plant Equipment	993.9M	950M	977.9M	971.6M	1.1B	919.5M
Other Liab	387.7M	397.5M	380.3M	348.8M	401.1M	374.2M
Net Tangible Assets	(858.3M)	(665.8M)	(509.4M)	(509.1M)	(458.2M)	(481.1M)

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Leggett Operating Income vs Ebit Analysis

Operating Income vs Ebit

Operating Income vs Ebit Correlation Analysis

Correlation Coefficient

Operating Income

Ebit

Leggett Platt fundamental ratios Correlations

Leggett Platt Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Leggett Platt fundamental ratios Accounts

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Additional Tools for Leggett Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Non Current Assets Total
Total Liab	+ 0.98	Non Current Liabilities Total

Other Stockholder Equity	- 0.92	Net Receivables
Other Stockholder Equity	- 0.9	Retained Earnings
Total Current Assets	- 0.87	Other Stockholder Equity
Current Deferred Revenue	- 0.86	Net Receivables
Other Stockholder Equity	- 0.86	Property Plant And Equipment Net
Accounts Payable	- 0.85	Other Stockholder Equity