Leggett Total Liab vs Retained Earnings Analysis

LEG Stock  USD 11.66  0.25  2.19%   
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 Total Liab and its Retained Earnings 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.

Total Liab vs Retained Earnings

Total Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leggett Platt Total Liab account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Leggett Platt's Total Liab and Retained Earnings is 0.9. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Retained Earnings 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 Total Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Leggett Platt Incorporated are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Liab i.e., Leggett Platt's Total Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 Profit1.0B976.8M853.8M776.0M
Total Revenue5.1B5.1B4.7B3.6B

Leggett Platt fundamental ratios Correlations

0.860.530.780.860.970.830.930.640.98-0.150.640.920.370.950.940.65-0.830.980.940.40.790.940.560.00.0
0.860.230.850.710.920.990.690.380.870.180.380.75-0.010.860.820.6-0.770.860.760.620.780.770.82-0.44-0.44
0.530.230.420.550.460.170.730.60.45-0.290.60.750.740.420.460.64-0.670.490.64-0.110.20.53-0.10.250.25
0.780.850.420.770.80.790.690.590.71-0.040.590.810.230.640.80.8-0.780.730.830.790.510.760.75-0.51-0.51
0.860.710.550.770.80.650.850.640.81-0.260.640.880.630.690.820.66-0.720.750.870.450.590.730.49-0.11-0.11
0.970.920.460.80.80.90.880.550.970.010.550.890.240.950.910.64-0.860.970.890.440.770.920.63-0.15-0.15
0.830.990.170.790.650.90.630.260.860.250.260.69-0.080.860.790.52-0.710.840.690.580.80.730.82-0.43-0.43
0.930.690.730.690.850.880.630.740.88-0.340.740.960.560.850.890.64-0.90.90.950.20.620.920.350.130.13
0.640.380.60.590.640.550.260.740.53-0.511.00.710.570.490.610.72-0.650.60.80.310.240.680.130.140.14
0.980.870.450.710.810.970.860.880.53-0.060.530.840.30.970.890.57-0.760.980.860.360.860.90.540.020.02
-0.150.18-0.29-0.04-0.260.010.25-0.34-0.51-0.06-0.51-0.21-0.41-0.02-0.22-0.090.18-0.1-0.310.17-0.07-0.280.27-0.49-0.49
0.640.380.60.590.640.550.260.741.00.53-0.510.710.570.490.610.72-0.650.60.80.310.240.680.130.140.14
0.920.750.750.810.880.890.690.960.710.84-0.210.710.540.810.90.75-0.910.870.970.340.560.880.49-0.08-0.08
0.37-0.010.740.230.630.24-0.080.560.570.3-0.410.570.540.160.290.37-0.310.260.47-0.07-0.010.28-0.230.320.32
0.950.860.420.640.690.950.860.850.490.97-0.020.490.810.160.870.51-0.780.980.820.260.870.890.530.050.05
0.940.820.460.80.820.910.790.890.610.89-0.220.610.90.290.870.58-0.80.920.950.470.690.930.68-0.07-0.07
0.650.60.640.80.660.640.520.640.720.57-0.090.720.750.370.510.58-0.70.610.750.510.370.640.38-0.22-0.22
-0.83-0.77-0.67-0.78-0.72-0.86-0.71-0.9-0.65-0.760.18-0.65-0.91-0.31-0.78-0.8-0.7-0.81-0.87-0.29-0.54-0.85-0.470.180.18
0.980.860.490.730.750.970.840.90.60.98-0.10.60.870.260.980.920.61-0.810.90.350.810.950.540.040.04
0.940.760.640.830.870.890.690.950.80.86-0.310.80.970.470.820.950.75-0.870.90.440.590.930.54-0.03-0.03
0.40.62-0.110.790.450.440.580.20.310.360.170.310.34-0.070.260.470.51-0.290.350.440.220.360.78-0.69-0.69
0.790.780.20.510.590.770.80.620.240.86-0.070.240.56-0.010.870.690.37-0.540.810.590.220.70.450.10.1
0.940.770.530.760.730.920.730.920.680.9-0.280.680.880.280.890.930.64-0.850.950.930.360.70.490.070.07
0.560.82-0.10.750.490.630.820.350.130.540.270.130.49-0.230.530.680.38-0.470.540.540.780.450.49-0.69-0.69
0.0-0.440.25-0.51-0.11-0.15-0.430.130.140.02-0.490.14-0.080.320.05-0.07-0.220.180.04-0.03-0.690.10.07-0.691.0
0.0-0.440.25-0.51-0.11-0.15-0.430.130.140.02-0.490.14-0.080.320.05-0.07-0.220.180.04-0.03-0.690.10.07-0.691.0
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Leggett Platt Account Relationship Matchups

Leggett Platt fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B4.8B5.3B5.2B4.6B3.0B
Short Long Term Debt Total2.3B2.1B2.3B2.3B2.2B2.3B
Other Current Liab337.3M362.4M286.4M312.1M282.9M222.6M
Total Current Liabilities928.1M1.0B1.3B968.1M1.3B1.3B
Total Stockholder Equity1.3B1.4B1.6B1.6B1.3B1.4B
Property Plant And Equipment Net989.6M946.4M974.1M967.4M978.4M697.7M
Net Debt2.0B1.7B1.9B2.0B1.8B1.9B
Retained Earnings2.7B2.8B3.0B3.0B2.7B1.7B
Cash247.6M348.9M361.7M316.5M365.5M193.2M
Non Current Assets Total3.3B3.1B3.2B3.2B2.8B1.7B
Non Currrent Assets Other64.4M(57.3M)(56M)(48M)31.3M32.9M
Cash And Short Term Investments247.6M348.9M361.7M316.5M365.5M193.2M
Net Receivables591.9M563.6M651.5M675M637.3M499.9M
Common Stock Shares Outstanding135.4M135.9M136.7M136.5M136.3M127.5M
Liabilities And Stockholders Equity4.8B4.8B5.3B5.2B4.6B3.0B
Non Current Liabilities Total2.6B2.4B2.3B2.6B2.0B1.0B
Inventory636.7M645.5M993.2M907.5M819.7M523.4M
Other Current Assets51M61.9M54.1M58.9M59M63.5M
Other Stockholder Equity(1.3B)(1.3B)(1.3B)(1.3B)(1.3B)(1.2B)
Total Liab3.5B3.4B3.7B3.5B3.3B1.7B
Total Current Assets1.5B1.6B2.1B2.0B1.9B1.3B
Short Term Debt90.4M135.7M389.6M108.4M422.6M443.7M
Intangible Assets764M806.7M818.3M786.3M167.5M308.4M
Accounts Payable463.4M552.2M613.8M518.4M536.2M274.7M
Property Plant And Equipment Gross993.9M946.4M2.3B2.3B2.5B2.7B
Accumulated Other Comprehensive Income(76.8M)(52.4M)(38.3M)(93.5M)(43.7M)(45.9M)
Other Liab387.7M386.3M380.3M348.8M401.1M421.2M
Other Assets109.3M109.8M101.5M106.7M96.0M95.7M
Long Term Debt2.1B1.8B1.8B2.1B1.7B1.2B
Good Will1.4B1.4B1.4B1.5B1.5B1.2B
Treasury Stock(1.9B)(1.9B)(1.9B)(1.8B)(1.7B)(1.7B)
Property Plant Equipment830.8M784.8M974.1M967.4M870.7M621.6M
Current Deferred Revenue11.9M19.4M19.5M18.1M12.1M11.5M
Net Tangible Assets(858.3M)(700.6M)(619.3M)(509.1M)(458.2M)(435.3M)
Retained Earnings Total Equity2.7B2.8B3.0B3.0B3.5B2.7B
Long Term Debt Total2.1B1.8B1.8B2.1B2.4B1.3B
Capital Surpluse536.1M543.2M557.9M568.5M653.8M562.1M

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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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.