Leslies Accounts Payable vs Intangible Assets Analysis

LESL Stock  USD 3.19  0.32  11.15%   
Leslies financial indicator trend analysis is infinitely more than just investigating Leslies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leslies is a good investment. Please check the relationship between Leslies Accounts Payable and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leslies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Leslies Stock please use our How to buy in Leslies Stock guide.

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leslies Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Leslies' Accounts Payable and Intangible Assets is 0.43. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Leslies, assuming nothing else is changed. The correlation between historical values of Leslies' Accounts Payable and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Leslies are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Leslies' Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Leslies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Leslies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Leslies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leslies 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 Leslies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Leslies Stock please use our How to buy in Leslies Stock guide.At this time, Leslies' Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 27.38 this year, although the value of Selling General Administrative will most likely fall to about 381.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense30.2M65.4M58.9M53.9M
Depreciation And Amortization30.8M34.1M39.3M32.6M

Leslies fundamental ratios Correlations

-0.750.810.920.96-0.970.960.99-0.18-0.780.950.610.330.980.870.94-0.960.330.720.88-0.41-0.41-0.870.90.780.53
-0.75-0.73-0.6-0.880.72-0.85-0.680.180.88-0.83-0.37-0.07-0.73-0.92-0.880.9-0.07-0.61-0.750.670.670.98-0.78-0.26-0.79
0.81-0.730.640.81-0.760.80.79-0.58-0.60.840.460.010.840.820.81-0.830.010.490.86-0.32-0.35-0.790.890.450.76
0.92-0.60.640.85-0.910.870.88-0.05-0.740.830.840.510.830.710.84-0.840.510.890.68-0.35-0.32-0.730.760.810.37
0.96-0.880.810.85-0.940.990.92-0.21-0.870.980.570.260.920.940.98-0.990.260.720.86-0.52-0.52-0.960.890.630.67
-0.970.72-0.76-0.91-0.94-0.93-0.970.220.72-0.96-0.62-0.24-0.95-0.89-0.960.93-0.24-0.7-0.850.530.530.83-0.87-0.84-0.46
0.96-0.850.80.870.99-0.930.91-0.18-0.890.950.590.370.90.90.95-0.980.370.740.81-0.43-0.42-0.930.860.620.69
0.99-0.680.790.880.92-0.970.91-0.22-0.690.930.530.270.990.850.92-0.920.270.620.89-0.4-0.42-0.810.890.840.45
-0.180.18-0.58-0.05-0.210.22-0.18-0.220.07-0.240.010.18-0.24-0.31-0.250.20.180.17-0.220.220.240.19-0.21-0.15-0.56
-0.780.88-0.6-0.74-0.870.72-0.89-0.690.07-0.75-0.51-0.52-0.67-0.77-0.810.87-0.52-0.73-0.550.520.470.91-0.62-0.37-0.76
0.95-0.830.840.830.98-0.960.950.93-0.24-0.750.550.10.950.960.98-0.970.10.670.92-0.52-0.54-0.920.940.670.59
0.61-0.370.460.840.57-0.620.590.530.01-0.510.550.410.490.420.55-0.530.410.930.39-0.18-0.15-0.460.540.530.22
0.33-0.070.010.510.26-0.240.370.270.18-0.520.10.410.15-0.030.13-0.241.00.43-0.120.210.29-0.16-0.030.310.2
0.98-0.730.840.830.92-0.950.90.99-0.24-0.670.950.490.150.890.93-0.930.150.60.95-0.42-0.44-0.840.940.770.49
0.87-0.920.820.710.94-0.890.90.85-0.31-0.770.960.42-0.030.890.98-0.95-0.030.580.89-0.71-0.72-0.960.890.550.66
0.94-0.880.810.840.98-0.960.950.92-0.25-0.810.980.550.130.930.98-0.980.130.70.89-0.64-0.65-0.950.90.670.61
-0.960.9-0.83-0.84-0.990.93-0.98-0.920.20.87-0.97-0.53-0.24-0.93-0.95-0.98-0.24-0.7-0.880.530.530.97-0.91-0.61-0.68
0.33-0.070.010.510.26-0.240.370.270.18-0.520.10.411.00.15-0.030.13-0.240.43-0.120.210.29-0.16-0.030.310.2
0.72-0.610.490.890.72-0.70.740.620.17-0.730.670.930.430.60.580.7-0.70.430.52-0.35-0.31-0.670.650.50.34
0.88-0.750.860.680.86-0.850.810.89-0.22-0.550.920.39-0.120.950.890.89-0.88-0.120.52-0.43-0.47-0.820.980.60.47
-0.410.67-0.32-0.35-0.520.53-0.43-0.40.220.52-0.52-0.180.21-0.42-0.71-0.640.530.21-0.35-0.430.990.63-0.4-0.33-0.34
-0.410.67-0.35-0.32-0.520.53-0.42-0.420.240.47-0.54-0.150.29-0.44-0.72-0.650.530.29-0.31-0.470.990.63-0.43-0.34-0.32
-0.870.98-0.79-0.73-0.960.83-0.93-0.810.190.91-0.92-0.46-0.16-0.84-0.96-0.950.97-0.16-0.67-0.820.630.63-0.85-0.43-0.76
0.9-0.780.890.760.89-0.870.860.89-0.21-0.620.940.54-0.030.940.890.9-0.91-0.030.650.98-0.4-0.43-0.850.580.53
0.78-0.260.450.810.63-0.840.620.84-0.15-0.370.670.530.310.770.550.67-0.610.310.50.6-0.33-0.34-0.430.580.02
0.53-0.790.760.370.67-0.460.690.45-0.56-0.760.590.220.20.490.660.61-0.680.20.340.47-0.34-0.32-0.760.530.02
Click cells to compare fundamentals

Leslies Account Relationship Matchups

Leslies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets746.4M1.0B1.1B1.0B1.2B892.3M
Short Long Term Debt Total1.4B1.0B1.0B1.0B933.7M912.8M
Other Current Liab46.7M71.6M105.0M90.6M104.2M71.5M
Total Current Liabilities258.2M311.3M348.0M225.8M259.7M265.1M
Total Stockholder Equity(827.0M)(217.6M)(198.0M)(161.4M)(185.6M)(194.8M)
Other Liab15.1M5.5M3.9M65K58.5K55.6K
Net Tangible Assets(1.0B)(948.2M)(346.6M)(411.7M)(473.4M)(497.1M)
Property Plant And Equipment Net244.0M282.6M314.6M341.7M393.0M246.0M
Current Deferred Revenue13.3M21.4M13.3M6.8M6.1M5.8M
Net Debt1.2B670.3M915.7M982.0M883.8M801.0M
Retained Earnings(549.1M)(422.5M)(288.1M)(260.8M)(299.9M)(314.9M)
Accounts Payable92.4M101.0M156.5M58.6M67.3M98.7M
Cash157.1M345.1M112.3M55.4M63.7M60.5M
Non Current Assets Total374.3M440.5M567.3M614.1M706.3M438.5M
Non Currrent Assets Other2.5M25.1M37.7M46.0M52.8M55.5M
Other Assets1.4M9.1M28.9M39.0M44.8M47.1M
Long Term Debt1.2B786.1M779.7M773.3M695.9M786.0M
Cash And Short Term Investments157.1M345.1M112.3M55.4M63.7M60.5M
Net Receivables31.5M38.9M45.3M29.4M33.8M38.1M
Good Will93.3M101.1M173.5M180.7M207.8M132.5M
Common Stock Shares Outstanding186.6M190.0M186.1M184.7M166.2M149.4M
Liabilities And Stockholders Equity746.4M1.0B1.1B1.0B1.2B892.3M
Non Current Liabilities Total1.3B950.1M959.6M970.0M873.0M880.2M
Inventory149.0M198.8M361.7M311.8M358.6M240.9M
Other Current Assets41.7M20.6M23.1M23.6M27.2M22.4M
Other Stockholder Equity(278.1M)204.7M89.9M99.3M114.2M119.9M
Total Liab1.6B1.3B1.3B1.2B1.1B1.1B
Net Invested Capital360.9M576.7M589.9M620.0M713.0M506.7M
Property Plant And Equipment Gross244.0M282.6M314.6M341.7M393.0M246.0M
Total Current Assets372.1M603.3M542.4M420.3M483.3M453.8M
Non Current Liabilities Other5.5M3.9M65K3.5M3.1M5.5M
Net Working Capital113.9M292.0M194.4M194.5M223.6M188.8M
Short Term Debt117.3M130.2M68.5M70.9M81.5M74.0M
Intangible Assets27.9M27.9M40.2M38.2M43.9M34.7M
Property Plant Equipment78.5M244.0M282.6M314.6M361.7M220.0M

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When determining whether Leslies is a strong investment it is important to analyze Leslies' 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 Leslies' future performance. For an informed investment choice regarding Leslies Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leslies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Leslies Stock please use our How to buy in Leslies Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Other Specialty Retail 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 Leslies. If investors know Leslies 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 Leslies 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)
Earnings Share
0.02
Revenue Per Share
7.396
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0421
The market value of Leslies is measured differently than its book value, which is the value of Leslies that is recorded on the company's balance sheet. Investors also form their own opinion of Leslies' value that differs from its market value or its book value, called intrinsic value, which is Leslies' 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 Leslies' market value can be influenced by many factors that don't directly affect Leslies' 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 Leslies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Leslies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leslies' 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.