Lee Net Income From Continuing Ops vs Gross Profit Analysis

LEE Stock  USD 16.32  0.18  1.09%   
Lee Enterprises financial indicator trend analysis is infinitely more than just investigating Lee Enterprises recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lee Enterprises is a good investment. Please check the relationship between Lee Enterprises Net Income From Continuing Ops and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lee Enterprises Incorporated. 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.

Net Income From Continuing Ops vs Gross Profit

Net Income From Continuing Ops vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lee Enterprises Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lee Enterprises' Net Income From Continuing Ops and Gross Profit is 0.59. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Lee Enterprises Incorporated, assuming nothing else is changed. The correlation between historical values of Lee Enterprises' Net Income From Continuing Ops and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Lee Enterprises Incorporated are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Lee Enterprises' Net Income From Continuing Ops and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income From Continuing Ops

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Lee Enterprises Incorporated minus its cost of goods sold. It is profit before Lee Enterprises operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Lee Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lee Enterprises 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 Lee Enterprises Incorporated. 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.
At present, Lee Enterprises' Enterprise Value Multiple is projected to slightly grow based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit750.9M665.8M765.7M493.4M
Total Revenue781.0M691.1M794.8M629.0M

Lee Enterprises fundamental ratios Correlations

0.80.330.84-0.350.910.79-0.610.491.00.110.510.84-0.080.81-0.050.750.870.60.820.220.530.640.39-0.71-0.71
0.80.270.46-0.80.881.0-0.880.230.82-0.040.220.72-0.30.99-0.320.630.990.160.70.40.740.270.25-0.73-0.73
0.330.270.28-0.040.340.27-0.040.10.32-0.230.110.39-0.430.220.35-0.080.250.320.42-0.030.410.10.080.060.06
0.840.460.280.00.720.43-0.330.670.820.270.70.730.180.460.130.670.570.810.760.280.080.840.48-0.54-0.54
-0.35-0.8-0.040.0-0.55-0.810.860.09-0.380.090.11-0.240.48-0.780.59-0.36-0.720.36-0.22-0.5-0.560.190.110.520.52
0.910.880.340.72-0.550.87-0.690.610.91-0.010.610.69-0.30.89-0.090.590.930.320.810.50.660.460.16-0.63-0.63
0.791.00.270.43-0.810.87-0.890.190.81-0.050.190.71-0.310.99-0.330.630.980.150.690.390.740.250.24-0.73-0.73
-0.61-0.88-0.04-0.330.86-0.69-0.89-0.08-0.630.12-0.07-0.560.18-0.880.63-0.75-0.86-0.07-0.51-0.46-0.44-0.22-0.150.870.87
0.490.230.10.670.090.610.19-0.080.470.091.00.270.030.260.280.210.340.370.610.490.120.570.06-0.18-0.18
1.00.820.320.82-0.380.910.81-0.630.470.080.50.82-0.120.83-0.080.750.890.550.80.230.550.60.35-0.72-0.72
0.11-0.04-0.230.270.09-0.01-0.050.120.090.080.110.150.24-0.080.140.0-0.030.280.080.0-0.240.240.460.130.13
0.510.220.110.70.110.610.19-0.071.00.50.110.280.020.250.290.220.340.40.60.460.110.590.06-0.19-0.19
0.840.720.390.73-0.240.690.71-0.560.270.820.150.280.220.710.040.70.760.770.860.050.390.710.76-0.66-0.66
-0.08-0.3-0.430.180.48-0.3-0.310.180.03-0.120.240.020.22-0.280.010.28-0.230.520.04-0.18-0.590.460.59-0.14-0.14
0.810.990.220.46-0.780.890.99-0.880.260.83-0.080.250.71-0.28-0.340.650.990.150.710.420.750.280.22-0.75-0.75
-0.05-0.320.350.130.59-0.09-0.330.630.28-0.080.140.290.040.01-0.34-0.48-0.30.30.17-0.310.010.250.250.570.57
0.750.63-0.080.67-0.360.590.63-0.750.210.750.00.220.70.280.65-0.480.70.540.550.160.080.630.4-0.96-0.96
0.870.990.250.57-0.720.930.98-0.860.340.89-0.030.340.76-0.230.99-0.30.70.260.770.430.710.380.27-0.78-0.78
0.60.160.320.810.360.320.15-0.070.370.550.280.40.770.520.150.30.540.260.66-0.15-0.160.870.76-0.38-0.38
0.820.70.420.76-0.220.810.69-0.510.610.80.080.60.860.040.710.170.550.770.660.290.460.760.55-0.57-0.57
0.220.4-0.030.28-0.50.50.39-0.460.490.230.00.460.05-0.180.42-0.310.160.43-0.150.290.210.04-0.17-0.28-0.28
0.530.740.410.08-0.560.660.74-0.440.120.55-0.240.110.39-0.590.750.010.080.71-0.160.460.21-0.14-0.06-0.22-0.22
0.640.270.10.840.190.460.25-0.220.570.60.240.590.710.460.280.250.630.380.870.760.04-0.140.67-0.51-0.51
0.390.250.080.480.110.160.24-0.150.060.350.460.060.760.590.220.250.40.270.760.55-0.17-0.060.67-0.3-0.3
-0.71-0.730.06-0.540.52-0.63-0.730.87-0.18-0.720.13-0.19-0.66-0.14-0.750.57-0.96-0.78-0.38-0.57-0.28-0.22-0.51-0.31.0
-0.71-0.730.06-0.540.52-0.63-0.730.87-0.18-0.720.13-0.19-0.66-0.14-0.750.57-0.96-0.78-0.38-0.57-0.28-0.22-0.51-0.31.0
Click cells to compare fundamentals

Lee Enterprises Account Relationship Matchups

Lee Enterprises fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets864.1M843.6M744.0M711.6M818.4M1.1B
Short Long Term Debt Total609.2M548.9M516.4M500.1M575.1M566.7M
Other Current Liab17.7M36.5M44.1M23.6M21.3M36.0M
Total Current Liabilities144.0M141.6M131.1M114.3M131.5M191.1M
Total Stockholder Equity(31.6M)54.6M15.0M21.2M19.1M18.2M
Property Plant And Equipment Net176.5M148.9M121.2M102.1M117.4M160.7M
Net Debt575.5M522.8M500.2M485.5M558.4M542.1M
Retained Earnings(268.5M)(245.7M)(261.2M)(266.5M)(239.8M)(227.9M)
Cash33.7M26.1M16.2M14.5M13.1M20.2M
Non Current Assets Total755.3M734.8M634.9M605.1M695.9M941.5M
Non Currrent Assets Other13.7M13.6M(13.2M)45.1M40.6M42.7M
Cash And Short Term Investments33.7M26.1M16.2M14.5M13.1M22.4M
Net Receivables52.6M65.1M69.5M69.1M79.5M68.3M
Common Stock Shares Outstanding5.7M5.8M5.8M5.9M6.7M5.4M
Liabilities And Stockholders Equity864.1M843.6M744.0M711.6M818.4M1.1B
Non Current Liabilities Total749.7M645.2M595.7M573.6M659.6M622.0M
Inventory7.5M6.3M8.3M7.5M6.8M7.5M
Other Stockholder Equity256.4M258.1M259.5M260.8M300.0M315.0M
Total Liab893.7M786.9M726.8M687.9M791.1M813.1M
Property Plant And Equipment Gross176.5M355.1M374.3M352.5M405.4M425.6M
Total Current Assets108.8M108.8M109.1M106.5M95.9M95.6M
Accumulated Other Comprehensive Income(20.1M)42.2M16.7M26.8M30.9M32.4M
Short Term Debt30.9M23.3M15.7M7.8M8.9M8.5M
Intangible Assets182.7M156.7M121.4M95.0M109.2M103.8M
Other Current Assets14.9M11.3M15.2M15.4M13.8M15.7M
Accounts Payable17.2M20.4M28.6M36.3M41.7M24.7M
Common Stock Total Equity572K577K584K59K53.1K50.4K
Common Stock584K59K60K61K54.9K52.2K
Other Liab101.6M162.7M111.0M87.1M100.2M94.8M
Other Assets15.7M33.8M66.2M29.5M26.5M32.0M
Long Term Debt524.6M476.5M462.6M455.7M410.2M519.1M
Good Will250.3M328.4M330.2M329.5M296.6M396.7M
Property Plant Equipment82.0M105.6M83.3M121.2M109.1M147.1M
Current Deferred Revenue60.3M61.4M49.9M40.8M47.0M39.9M
Net Tangible Assets(396.2M)(31.6M)(432.3M)(417.3M)(375.6M)(394.4M)
Noncontrolling Interest In Consolidated Entity1.1M1.7M1.9M2.1M2.5M2.6M
Retained Earnings Total Equity(279.7M)(265.4M)(268.5M)(245.7M)(282.6M)(296.7M)
Capital Surpluse253.5M255.5M256.4M258.1M296.8M264.2M

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When determining whether Lee Enterprises is a strong investment it is important to analyze Lee Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lee Enterprises' future performance. For an informed investment choice regarding Lee Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lee Enterprises Incorporated. 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Publishing 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 Lee Enterprises. If investors know Lee 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 Lee Enterprises 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
(0.38)
Earnings Share
(3.02)
Revenue Per Share
104.972
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0442
The market value of Lee Enterprises is measured differently than its book value, which is the value of Lee that is recorded on the company's balance sheet. Investors also form their own opinion of Lee Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Lee Enterprises' 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 Lee Enterprises' market value can be influenced by many factors that don't directly affect Lee Enterprises' 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 Lee Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lee Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lee Enterprises' 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.