Lear Operating Income vs Research Development Analysis

LEA Stock  USD 97.25  0.45  0.46%   
Lear financial indicator trend analysis is infinitely more than just investigating Lear recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lear is a good investment. Please check the relationship between Lear Operating Income and its Research Development accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lear Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Operating Income vs Research Development

Operating Income vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lear Operating Income account and Research Development. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lear's Operating Income and Research Development is -0.26. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Research Development in the same time period over historical financial statements of Lear Corporation, assuming nothing else is changed. The correlation between historical values of Lear's Operating Income and Research Development 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 Lear Corporation are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Operating Income i.e., Lear's Operating Income and Research Development go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Lear 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 Lear Corporation 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.

Research Development

Most indicators from Lear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lear 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 Lear Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The current year's Sales General And Administrative To Revenue is expected to grow to 0.04, whereas Selling General Administrative is forecasted to decline to about 560.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.4B1.8B1.4B
Total Revenue19.3B20.9B23.5B15.9B

Lear fundamental ratios Correlations

0.880.970.990.970.980.590.870.910.580.980.860.580.980.93-0.590.950.850.84-0.290.990.97-0.14-0.770.52-0.34
0.880.840.850.750.910.880.910.720.210.930.870.210.850.92-0.780.970.880.66-0.650.930.78-0.31-0.50.65-0.6
0.970.840.950.940.960.540.830.860.620.940.80.620.960.92-0.590.920.80.75-0.270.960.95-0.24-0.760.39-0.32
0.990.850.950.950.950.540.840.950.620.940.840.621.00.88-0.510.910.840.87-0.240.980.98-0.1-0.830.53-0.38
0.970.750.940.950.940.440.770.890.660.930.790.660.950.88-0.50.860.750.85-0.130.930.97-0.09-0.780.39-0.18
0.980.910.960.950.940.670.890.860.480.990.850.480.950.97-0.710.960.850.76-0.420.980.92-0.28-0.660.53-0.38
0.590.880.540.540.440.670.720.36-0.270.710.68-0.270.550.72-0.880.780.670.4-0.840.670.43-0.34-0.070.57-0.71
0.870.910.830.840.770.890.720.740.290.920.940.290.820.9-0.610.920.970.63-0.60.90.77-0.19-0.590.78-0.43
0.910.720.860.950.890.860.360.740.710.820.710.710.950.74-0.330.770.740.85-0.090.890.95-0.08-0.880.5-0.33
0.580.210.620.620.660.48-0.270.290.710.430.281.00.610.380.160.360.310.530.460.510.720.02-0.830.010.27
0.980.930.940.940.930.990.710.920.820.430.90.430.930.97-0.710.980.890.77-0.450.980.9-0.2-0.640.58-0.39
0.860.870.80.840.790.850.680.940.710.280.90.280.80.83-0.510.890.960.75-0.440.880.770.06-0.640.75-0.45
0.580.210.620.620.660.48-0.270.290.711.00.430.280.610.380.160.360.310.530.460.510.720.02-0.830.010.27
0.980.850.961.00.950.950.550.820.950.610.930.80.610.88-0.530.90.810.85-0.250.980.98-0.15-0.810.49-0.38
0.930.920.920.880.880.970.720.90.740.380.970.830.380.88-0.780.970.840.62-0.540.940.84-0.36-0.520.53-0.31
-0.59-0.78-0.59-0.51-0.5-0.71-0.88-0.61-0.330.16-0.71-0.510.16-0.53-0.78-0.74-0.5-0.290.77-0.63-0.430.58-0.02-0.30.49
0.950.970.920.910.860.960.780.920.770.360.980.890.360.90.97-0.740.890.71-0.530.970.86-0.25-0.590.6-0.45
0.850.880.80.840.750.850.670.970.740.310.890.960.310.810.84-0.50.890.68-0.520.880.77-0.02-0.640.84-0.46
0.840.660.750.870.850.760.40.630.850.530.770.750.530.850.62-0.290.710.680.020.810.870.28-0.80.43-0.39
-0.29-0.65-0.27-0.24-0.13-0.42-0.84-0.6-0.090.46-0.45-0.440.46-0.25-0.540.77-0.53-0.520.02-0.38-0.110.49-0.22-0.560.5
0.990.930.960.980.930.980.670.90.890.510.980.880.510.980.94-0.630.970.880.81-0.380.95-0.17-0.740.58-0.42
0.970.780.950.980.970.920.430.770.950.720.90.770.720.980.84-0.430.860.770.87-0.110.95-0.07-0.860.43-0.27
-0.14-0.31-0.24-0.1-0.09-0.28-0.34-0.19-0.080.02-0.20.060.02-0.15-0.360.58-0.25-0.020.280.49-0.17-0.07-0.160.120.06
-0.77-0.5-0.76-0.83-0.78-0.66-0.07-0.59-0.88-0.83-0.64-0.64-0.83-0.81-0.52-0.02-0.59-0.64-0.8-0.22-0.74-0.86-0.16-0.350.19
0.520.650.390.530.390.530.570.780.50.010.580.750.010.490.53-0.30.60.840.43-0.560.580.430.12-0.35-0.43
-0.34-0.6-0.32-0.38-0.18-0.38-0.71-0.43-0.330.27-0.39-0.450.27-0.38-0.310.49-0.45-0.46-0.390.5-0.42-0.270.060.19-0.43
Click cells to compare fundamentals

Lear Account Relationship Matchups

Lear fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.7B13.2B13.4B13.8B14.7B9.1B
Short Long Term Debt Total2.3B2.3B2.6B2.6B2.9B2.1B
Other Current Liab1.8B1.9B1.8B2.0B1.7B1.2B
Total Current Liabilities4.7B5.1B4.8B5.2B5.7B3.8B
Total Stockholder Equity4.5B4.6B4.8B4.8B4.9B2.6B
Property Plant And Equipment Net2.7B2.7B2.7B2.9B3.0B1.9B
Net Debt839.3M1.0B1.3B1.5B1.7B882.7M
Retained Earnings4.7B4.8B5.1B5.2B5.6B5.9B
Accounts Payable2.8B2.7B2.5B2.8B3.4B2.3B
Cash1.5B1.3B1.3B1.1B1.2B877.0M
Non Current Assets Total6.3B6.4B6.6B6.8B7.1B4.6B
Non Currrent Assets Other2.0B2.0B2.2B2.3B2.2B2.4B
Cash And Short Term Investments1.5B1.3B1.3B1.1B1.2B877.0M
Net Receivables3.0B3.3B3.0B3.5B3.7B2.3B
Good Will1.6B1.7B1.7B1.7B1.7B1.1B
Common Stock Shares Outstanding61.9M60.4M60.4M59.9M59.1M85.0M
Liabilities And Stockholders Equity12.7B13.2B13.4B13.8B14.7B9.1B
Non Current Liabilities Total3.5B3.5B3.8B3.7B4.0B2.7B
Inventory1.3B1.4B1.6B1.6B1.8B1.8B
Other Current Assets678.2M799.7M833.5M853.7M1.0B591.6M
Other Stockholder Equity557.4M512.6M340.2M269.2M5.9M5.6M
Total Liab8.2B8.6B8.5B8.9B9.6B6.5B
Total Current Assets6.4B6.8B6.8B7.0B7.6B4.5B
Accumulated Other Comprehensive Income(772.7M)(705.1M)(770.2M)(805.1M)(688.8M)(654.4M)
Short Term Debt33.3M130.5M126.4M157.5M179.7M203.8M
Property Plant And Equipment Gross2.7B2.7B2.7B2.9B6.8B7.1B
Intangible Assets423.7M368.2M302.5M235.4M189.1M179.6M
Other Liab678.9M767.8M1.2B558.1M641.8M681.0M
Other Assets1.4B1.4B2.2B2.3B2.6B2.7B
Long Term Debt2.3B2.3B2.6B2.6B2.7B2.1B
Treasury Stock(225.1M)(563.1M)(598.6M)(679.2M)(611.3M)(580.7M)
Property Plant Equipment2.7B2.7B2.7B2.9B3.3B2.1B
Net Tangible Assets4.5B4.5B3.2B4.7B5.4B3.5B
Noncontrolling Interest In Consolidated Entity151.4M147.6M165M151.5M174.2M143.7M
Retained Earnings Total Equity4.7B4.8B5.1B5.2B6.0B3.8B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Lear offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lear'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 Lear Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lear Corporation Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lear Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Automotive Parts & Equipment 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 Lear. If investors know Lear 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 Lear 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
0.071
Dividend Share
3.08
Earnings Share
9.55
Revenue Per Share
410.529
Quarterly Revenue Growth
(0.03)
The market value of Lear is measured differently than its book value, which is the value of Lear that is recorded on the company's balance sheet. Investors also form their own opinion of Lear's value that differs from its market value or its book value, called intrinsic value, which is Lear'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 Lear's market value can be influenced by many factors that don't directly affect Lear'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 Lear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lear'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.