Leggett Free Cash Flow Per Share vs Interest Coverage Analysis
LEG Stock | USD 13.06 1.40 12.01% |
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 Free Cash Flow Per Share and its Interest Coverage accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leggett Platt 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.
Free Cash Flow Per Share vs Interest Coverage
Free Cash Flow Per Share vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leggett Platt Free Cash Flow Per Share account and Interest Coverage. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Leggett Platt's Free Cash Flow Per Share and Interest Coverage is -0.38. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Leggett Platt Incorporated, assuming nothing else is changed. The correlation between historical values of Leggett Platt's Free Cash Flow Per Share and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Leggett Platt Incorporated are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Free Cash Flow Per Share i.e., Leggett Platt's Free Cash Flow Per Share and Interest Coverage go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Interest Coverage
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leggett Platt 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 this time, Leggett Platt's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.0B | 976.8M | 853.8M | 776.0M | Total Revenue | 5.1B | 5.1B | 4.7B | 3.6B |
Leggett Platt fundamental ratios Correlations
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Leggett Platt Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 337.3M | 362.4M | 286.4M | 312.1M | 282.9M | 222.6M | |
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 | 32.9M | |
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 | 499.9M | |
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 | 63.5M | |
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 | 90.4M | 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 | |
Property Plant And Equipment Gross | 993.9M | 946.4M | 2.3B | 2.3B | 2.5B | 2.7B | |
Accumulated Other Comprehensive Income | (76.8M) | (52.4M) | (38.3M) | (93.5M) | (43.7M) | (45.9M) | |
Other Liab | 387.7M | 386.3M | 380.3M | 348.8M | 401.1M | 421.2M | |
Other Assets | 109.3M | 109.8M | 101.5M | 106.7M | 96.0M | 95.7M | |
Long Term Debt | 2.1B | 1.8B | 1.8B | 2.1B | 1.7B | 1.2B | |
Good Will | 1.4B | 1.4B | 1.4B | 1.5B | 1.5B | 1.2B | |
Treasury Stock | (1.9B) | (1.9B) | (1.9B) | (1.8B) | (1.7B) | (1.7B) | |
Property Plant Equipment | 830.8M | 784.8M | 974.1M | 967.4M | 870.7M | 621.6M | |
Current Deferred Revenue | 11.9M | 19.4M | 19.5M | 18.1M | 12.1M | 11.5M | |
Net Tangible Assets | (858.3M) | (700.6M) | (619.3M) | (509.1M) | (458.2M) | (435.3M) | |
Retained Earnings Total Equity | 2.7B | 2.8B | 3.0B | 3.0B | 3.5B | 2.7B | |
Long Term Debt Total | 2.1B | 1.8B | 1.8B | 2.1B | 2.4B | 1.3B | |
Capital Surpluse | 536.1M | 543.2M | 557.9M | 568.5M | 653.8M | 562.1M |
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When determining whether Leggett Platt is a strong investment it is important to analyze Leggett Platt's 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 Leggett Platt's future performance. For an informed investment choice regarding Leggett Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leggett Platt 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Household Durables 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 Leggett Platt. If investors know Leggett 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 Leggett Platt 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 (0.16) | Dividend Share 1.02 | Earnings Share (6.01) | Revenue Per Share 32.414 | Quarterly Revenue Growth (0.06) |
The market value of Leggett Platt is measured differently than its book value, which is the value of Leggett that is recorded on the company's balance sheet. Investors also form their own opinion of Leggett Platt's value that differs from its market value or its book value, called intrinsic value, which is Leggett Platt'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 Leggett Platt's market value can be influenced by many factors that don't directly affect Leggett Platt'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 Leggett Platt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Leggett Platt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leggett Platt'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.