Lazard Sale Purchase Of Stock vs Depreciation Analysis

LAZ Stock  USD 58.07  0.35  0.61%   
Lazard financial indicator trend analysis is infinitely more than just investigating Lazard recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lazard is a good investment. Please check the relationship between Lazard Sale Purchase Of Stock and its Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lazard. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Lazard Stock please use our How to Invest in Lazard guide.

Sale Purchase Of Stock vs Depreciation

Sale Purchase Of Stock vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lazard Sale Purchase Of Stock account and Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Lazard's Sale Purchase Of Stock and Depreciation is 0.24. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Depreciation in the same time period over historical financial statements of Lazard, assuming nothing else is changed. The correlation between historical values of Lazard's Sale Purchase Of Stock and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Lazard are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Sale Purchase Of Stock i.e., Lazard's Sale Purchase Of Stock and Depreciation go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Sale Purchase Of Stock

Depreciation

Depreciation indicates how much of Lazard value has been used up. For tax purposes Lazard can deduct the cost of the tangible assets it purchases as business expenses. However, Lazard must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Lazard's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lazard 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lazard. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Lazard Stock please use our How to Invest in Lazard guide.At this time, Lazard's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 110.41 in 2024, despite the fact that Tax Provision is likely to grow to (6.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.1B605.1M868.7M
Total Revenue3.3B2.9B2.6B2.3B

Lazard fundamental ratios Correlations

0.27-0.090.46-0.770.950.090.9-0.520.620.360.340.850.68-0.790.310.770.570.530.620.240.840.530.890.380.85
0.270.360.390.280.1-0.040.35-0.070.420.110.090.30.11-0.16-0.450.27-0.47-0.540.0-0.370.36-0.110.05-0.510.35
-0.090.36-0.060.20.03-0.22-0.05-0.110.610.310.760.06-0.110.2-0.340.18-0.33-0.390.03-0.120.38-0.75-0.39-0.340.12
0.460.39-0.06-0.110.29-0.130.39-0.750.27-0.38-0.10.610.760.04-0.410.11-0.16-0.14-0.26-0.530.380.390.29-0.390.41
-0.770.280.2-0.11-0.80.18-0.560.46-0.39-0.49-0.31-0.55-0.450.62-0.63-0.64-0.82-0.75-0.6-0.38-0.57-0.35-0.76-0.64-0.6
0.950.10.030.29-0.80.180.87-0.480.680.420.520.810.64-0.80.390.820.690.660.730.410.870.430.850.530.8
0.09-0.04-0.22-0.130.180.180.210.33-0.06-0.420.02-0.04-0.02-0.410.260.150.30.360.420.550.020.360.260.360.02
0.90.35-0.050.39-0.560.870.21-0.360.620.360.370.80.6-0.660.240.740.450.440.610.230.80.490.740.350.69
-0.52-0.07-0.11-0.750.46-0.480.33-0.36-0.380.08-0.21-0.71-0.70.030.3-0.32-0.13-0.120.140.42-0.53-0.16-0.380.16-0.55
0.620.420.610.27-0.390.68-0.060.62-0.380.410.790.610.35-0.370.080.620.230.10.470.080.89-0.160.270.120.56
0.360.110.31-0.38-0.490.42-0.420.360.080.410.510.2-0.09-0.370.310.510.250.180.50.250.39-0.170.20.30.28
0.340.090.76-0.1-0.310.520.020.37-0.210.790.510.310.09-0.220.150.560.250.170.50.290.64-0.340.060.190.35
0.850.30.060.61-0.550.81-0.040.8-0.710.610.20.310.75-0.51-0.120.520.250.250.25-0.090.880.40.70.040.86
0.680.11-0.110.76-0.450.64-0.020.6-0.70.35-0.090.090.75-0.29-0.080.360.270.360.180.00.580.490.620.120.59
-0.79-0.160.20.040.62-0.8-0.41-0.660.03-0.37-0.37-0.22-0.51-0.29-0.52-0.72-0.66-0.62-0.81-0.59-0.59-0.48-0.87-0.59-0.69
0.31-0.45-0.34-0.41-0.630.390.260.240.30.080.310.15-0.12-0.08-0.520.380.840.770.740.790.070.250.420.870.04
0.770.270.180.11-0.640.820.150.74-0.320.620.510.560.520.36-0.720.380.580.50.780.380.680.140.640.470.58
0.57-0.47-0.33-0.16-0.820.690.30.45-0.130.230.250.250.250.27-0.660.840.580.960.780.720.350.370.70.940.31
0.53-0.54-0.39-0.14-0.750.660.360.44-0.120.10.180.170.250.36-0.620.770.50.960.740.740.290.460.710.920.29
0.620.00.03-0.26-0.60.730.420.610.140.470.50.50.250.18-0.810.740.780.780.740.830.520.20.630.80.42
0.24-0.37-0.12-0.53-0.380.410.550.230.420.080.250.29-0.090.0-0.590.790.380.720.740.830.150.150.420.820.14
0.840.360.380.38-0.570.870.020.8-0.530.890.390.640.880.58-0.590.070.680.350.290.520.150.110.60.190.84
0.53-0.11-0.750.39-0.350.430.360.49-0.16-0.16-0.17-0.340.40.49-0.480.250.140.370.460.20.150.110.660.310.27
0.890.05-0.390.29-0.760.850.260.74-0.380.270.20.060.70.62-0.870.420.640.70.710.630.420.60.660.540.78
0.38-0.51-0.34-0.39-0.640.530.360.350.160.120.30.190.040.12-0.590.870.470.940.920.80.820.190.310.540.09
0.850.350.120.41-0.60.80.020.69-0.550.560.280.350.860.59-0.690.040.580.310.290.420.140.840.270.780.09
Click cells to compare fundamentals

Lazard Account Relationship Matchups

Lazard fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7B6.0B7.1B5.9B4.6B4.4B
Total Stockholder Equity610.0M911.8M975.2M556.5M423.8M631.2M
Common Stock Shares Outstanding116.1M113.5M113.7M101.0M89.0M103.7M
Liabilities And Stockholders Equity5.7B6.0B7.1B5.9B4.6B4.4B
Other Assets924.9M4.2B4.6B1.0B(1.3B)(1.3B)
Other Stockholder Equity(1.5B)(146.4M)(1.9B)(2.5B)(690.1M)(655.6M)
Total Liab5.0B5.0B5.5B4.6B4.1B3.6B
Other Current Liab(98.0M)970.7M(130.7M)(137.3M)638.8M483.4M
Other Liab1.7B1.9B2.3B1.3B1.5B1.2B
Accounts Payable8.8M(1.2M)50.1M58.4M950.1M997.6M
Cash1.2B1.4B1.5B1.2B971.3M1.1B
Long Term Debt1.9B221.5M1.7B1.7B1.7B1.4B
Good Will371.8M383.9M379.4M377.2M394.9M301.2M
Short Term Investments1.2B1.1B1.3B779.2M219.6M208.6M
Inventory2.0B2.3B3.6B(217.8M)(250.5M)(238.0M)
Intangible Assets1.8M210K150K90K30K28.5K
Property Plant Equipment219.8M257.6M466.1M681.7M783.9M823.1M
Short Long Term Debt Total2.3B2.3B2.3B2.4B2.2B1.7B
Property Plant And Equipment Net551.5M513.9M466.1M681.7M639.7M671.7M
Net Debt1.1B899.8M772.7M966.6M1.2B1.3B
Non Current Assets Total2.5B2.7B2.9B2.6B3.7B3.8B
Non Currrent Assets Other477.0M564.9M623.1M394.8M1.5B1.6B
Cash And Short Term Investments2.4B2.5B2.8B2.0B1.2B1.6B
Net Receivables663.1M792.3M805.8M652.8M832.0M564.5M
Non Current Liabilities Total3.7B3.8B4.1B3.7B3.0B3.2B
Property Plant And Equipment Gross771.3M513.9M466.1M681.7M1.1B1.1B
Total Current Assets3.1B3.3B4.2B3.3B971.3M1.7B
Accumulated Other Comprehensive Income(293.6M)(238.4M)(223.8M)(295.9M)(290.0M)(275.5M)
Total Current Liabilities1.2B1.2B1.4B921.8M1.0B856.6M
Retained Earnings1.2B1.3B1.6B1.7B1.4B789.6M
Other Current Assets(2.0B)228.3M(2.9B)843.2M233.4M245.1M
Treasury Stock(756.9M)(332.1M)(281.8M)(507.4M)(456.7M)(433.8M)
Net Tangible Assets236.4M527.7M595.6M762.6M877.0M564.3M
Noncontrolling Interest In Consolidated Entity71.6M87.7M102.7M118.9M107.0M68.0M
Retained Earnings Total Equity1.2B1.3B1.6B1.7B1.9B976.1M
Long Term Debt Total1.9B221.5M2.3B2.3B2.6B1.6B
Capital Surpluse41.0M135.4M144.7M167.9M151.1M143.5M

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Additional Tools for Lazard Stock Analysis

When running Lazard's price analysis, check to measure Lazard's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lazard is operating at the current time. Most of Lazard's value examination focuses on studying past and present price action to predict the probability of Lazard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lazard's price. Additionally, you may evaluate how the addition of Lazard to your portfolios can decrease your overall portfolio volatility.