Lennar Other Current Assets vs Cash And Short Term Investments Analysis

LEN-B Stock  USD 160.49  1.32  0.83%   
Lennar financial indicator trend analysis is infinitely more than just investigating Lennar recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lennar is a good investment. Please check the relationship between Lennar Other Current Assets and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Lennar Stock refer to our How to Trade Lennar Stock guide.

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lennar Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lennar's Other Current Assets and Cash And Short Term Investments is 0.98. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Lennar, assuming nothing else is changed. The correlation between historical values of Lennar's Other Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Lennar are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., Lennar's Other Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Lennar balance sheet. This account contains Lennar investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Lennar fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Lennar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lennar 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 Lennar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Lennar Stock refer to our How to Trade Lennar Stock guide.At present, Lennar's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.48, whereas Tax Provision is forecasted to decline to about 907.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.5B257.9M296.6M311.4M
Depreciation And Amortization87.1M110.2M126.7M133.0M

Lennar fundamental ratios Correlations

-0.030.99-0.530.950.970.60.890.70.920.840.820.90.990.890.770.870.770.981.00.830.420.730.80.920.93
-0.03-0.180.84-0.33-0.150.550.420.50.34-0.45-0.39-0.11-0.05-0.35-0.41-0.390.10.11-0.06-0.40.570.490.34-0.01-0.31
0.99-0.18-0.640.980.980.50.810.630.850.890.870.90.980.920.820.90.750.950.990.870.310.640.740.920.96
-0.530.84-0.64-0.77-0.620.16-0.110.13-0.18-0.84-0.79-0.55-0.54-0.8-0.79-0.82-0.29-0.38-0.56-0.810.20.07-0.11-0.41-0.74
0.95-0.330.98-0.770.960.380.710.460.760.940.930.860.940.970.890.960.710.880.960.940.240.510.630.830.97
0.97-0.150.98-0.620.960.470.80.610.840.870.920.910.960.920.880.910.750.920.970.870.310.620.70.90.95
0.60.550.50.160.380.470.780.760.760.220.190.530.540.30.150.250.480.680.570.230.860.970.940.550.42
0.890.420.81-0.110.710.80.780.831.00.570.580.770.870.670.530.630.730.930.880.60.670.860.860.790.72
0.70.50.630.130.460.610.760.830.830.290.270.650.680.320.20.280.550.810.660.220.440.880.830.830.49
0.920.340.85-0.180.760.840.761.00.830.620.620.80.910.710.560.670.740.960.910.650.630.860.870.830.76
0.84-0.450.89-0.840.940.870.220.570.290.620.910.80.840.960.890.970.570.730.860.940.140.320.480.710.9
0.82-0.390.87-0.790.930.920.190.580.270.620.910.780.830.961.00.960.640.710.840.930.150.320.440.690.89
0.9-0.110.9-0.550.860.910.530.770.650.80.80.780.860.840.750.810.610.860.890.750.380.660.720.860.94
0.99-0.050.98-0.540.940.960.540.870.680.910.840.830.860.880.780.870.750.970.990.850.350.680.760.910.92
0.89-0.350.92-0.80.970.920.30.670.320.710.960.960.840.880.941.00.630.790.910.970.260.410.530.710.95
0.77-0.410.82-0.790.890.880.150.530.20.560.891.00.750.780.940.940.60.650.80.920.140.260.380.630.86
0.87-0.390.9-0.820.960.910.250.630.280.670.970.960.810.871.00.940.630.760.890.980.220.360.50.690.93
0.770.10.75-0.290.710.750.480.730.550.740.570.640.610.750.630.60.630.770.770.590.340.560.620.730.68
0.980.110.95-0.380.880.920.680.930.810.960.730.710.860.970.790.650.760.770.970.720.470.810.860.930.86
1.0-0.060.99-0.560.960.970.570.880.660.910.860.840.890.990.910.80.890.770.970.860.410.70.780.90.94
0.83-0.40.87-0.810.940.870.230.60.220.650.940.930.750.850.970.920.980.590.720.860.230.320.460.630.91
0.420.570.310.20.240.310.860.670.440.630.140.150.380.350.260.140.220.340.470.410.230.760.720.210.31
0.730.490.640.070.510.620.970.860.880.860.320.320.660.680.410.260.360.560.810.70.320.760.970.720.55
0.80.340.74-0.110.630.70.940.860.830.870.480.440.720.760.530.380.50.620.860.780.460.720.970.770.65
0.92-0.010.92-0.410.830.90.550.790.830.830.710.690.860.910.710.630.690.730.930.90.630.210.720.770.83
0.93-0.310.96-0.740.970.950.420.720.490.760.90.890.940.920.950.860.930.680.860.940.910.310.550.650.83
Click cells to compare fundamentals

Lennar Account Relationship Matchups

Lennar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.9B33.2B38.0B39.2B45.1B47.4B
Short Long Term Debt Total6.0B4.7B4.1B2.9B3.4B3.1B
Total Stockholder Equity18.0B20.8B24.1B26.6B30.6B32.1B
Net Debt3.2B1.9B(575.3M)(3.4B)(3.9B)(3.7B)
Retained Earnings10.6B14.7B18.9B22.4B25.7B27.0B
Non Current Assets Total7.3B8.1B7.9B12.1B13.9B14.6B
Common Stock Shares Outstanding309.4M306.6M289.8M283.3M325.8M178.5M
Liabilities And Stockholders Equity29.9B33.2B38.0B39.2B45.1B47.4B
Non Current Liabilities Total10.5B10.5B11.7B10.9B12.5B13.2B
Other Stockholder Equity7.4B6.1B5.2B4.2B4.8B5.0B
Total Liab11.8B12.2B13.7B12.5B14.4B15.1B
Other Current Liab2.2B377.0M4.2B4.6B5.3B5.6B
Total Current Liabilities1.4B1.7B2.1B6.7B7.7B8.1B
Property Plant And Equipment Net411.5M339.9M355.1M404.8M465.5M488.8M
Accounts Payable1.0B1.3B1.6B1.6B1.9B2.0B
Cash2.7B2.8B4.6B6.3B7.3B7.6B
Non Currrent Assets Other1.3B1.3B1.5B5.7B6.5B6.9B
Cash And Short Term Investments2.7B2.8B6.4B8.3B9.6B10.0B
Net Receivables217.4M1.3B1.6B1.7B2.0B2.0B
Inventory17.2B19.2B20.1B18.9B21.7B22.8B
Total Current Assets22.6B25.1B30.1B31.3B36.0B37.8B
Accumulated Other Comprehensive Income(805K)(1.3M)2.4M4.9M5.6M5.9M
Other Current Assets906.6M1.7B3.6B4.2B4.9B5.1B
Common Stock33.8M34.0M29.3M29.5M33.9M22.5M
Good Will3.7B3.7B3.4B3.6B4.2B4.4B
Property Plant And Equipment Gross411.5M538.8M581.9M670.6M771.2M809.8M
Short Term Debt1.9M2.3B16.7M487.2M560.2M944.8M
Other Liab2.7B3.8B5.1B5.6B6.5B6.8B
Net Tangible Assets14.4B17.2B20.5B23.1B26.6B13.6B
Current Deferred Revenue(2.2B)(3.3B)(4.2B)(5.1B)(4.6B)(4.4B)
Other Assets835.2M863.5M1.0(4.1B)(3.7B)(3.5B)
Long Term Debt6.0B4.7B6.2B2.8B2.5B2.4B
Long Term Investments953.2M972.1M2.7B1.1B1.3B1.7B
Property Plant Equipment279.5M411.5M339.9M355.1M408.4M289.6M
Short Term Investments53.5M41.7M1.7B2.0B2.3B2.4B
Non Current Liabilities Other4.1B6.2B5.4B8.1B9.3B9.8B
Net Invested Capital25.4B25.5B30.3B29.4B33.8B27.8B

Also Currently Popular

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 Lennar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lennar'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 Lennar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lennar Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Lennar Stock refer to our How to Trade Lennar Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Please note, there is a significant difference between Lennar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennar'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.