Leslies Total Current Assets vs Common Stock Analysis
LESL Stock | USD 3.51 0.32 10.03% |
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 Total Current Assets and its Common Stock 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.
Total Current Assets vs Common Stock
Total Current Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leslies Total Current Assets account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Leslies' Total Current Assets and Common Stock is 0.86. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Leslies, assuming nothing else is changed. The correlation between historical values of Leslies' Total Current Assets and Common Stock 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 Current Assets of Leslies are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Assets i.e., Leslies' Total Current Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Common Stock
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 Expense | 30.2M | 65.4M | 58.9M | 53.9M | Depreciation And Amortization | 30.8M | 34.1M | 39.3M | 32.6M |
Leslies fundamental ratios Correlations
Click cells to compare fundamentals
Leslies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Leslies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 746.4M | 1.0B | 1.1B | 1.0B | 1.2B | 892.3M | |
Short Long Term Debt Total | 1.4B | 1.0B | 1.0B | 1.0B | 933.7M | 912.8M | |
Other Current Liab | 46.7M | 71.6M | 105.0M | 90.6M | 104.2M | 71.5M | |
Total Current Liabilities | 258.2M | 311.3M | 348.0M | 225.8M | 259.7M | 265.1M | |
Total Stockholder Equity | (827.0M) | (217.6M) | (198.0M) | (161.4M) | (185.6M) | (194.8M) | |
Other Liab | 15.1M | 5.5M | 3.9M | 65K | 58.5K | 55.6K | |
Net Tangible Assets | (1.0B) | (948.2M) | (346.6M) | (411.7M) | (473.4M) | (497.1M) | |
Property Plant And Equipment Net | 244.0M | 282.6M | 314.6M | 341.7M | 393.0M | 246.0M | |
Current Deferred Revenue | 13.3M | 21.4M | 13.3M | 6.8M | 6.1M | 5.8M | |
Net Debt | 1.2B | 670.3M | 915.7M | 982.0M | 883.8M | 801.0M | |
Retained Earnings | (549.1M) | (422.5M) | (288.1M) | (260.8M) | (299.9M) | (314.9M) | |
Accounts Payable | 92.4M | 101.0M | 156.5M | 58.6M | 67.3M | 98.7M | |
Cash | 157.1M | 345.1M | 112.3M | 55.4M | 63.7M | 60.5M | |
Non Current Assets Total | 374.3M | 440.5M | 567.3M | 614.1M | 706.3M | 438.5M | |
Non Currrent Assets Other | 2.5M | 25.1M | 37.7M | 46.0M | 52.8M | 55.5M | |
Other Assets | 1.4M | 9.1M | 28.9M | 39.0M | 44.8M | 47.1M | |
Long Term Debt | 1.2B | 786.1M | 779.7M | 773.3M | 695.9M | 786.0M | |
Cash And Short Term Investments | 157.1M | 345.1M | 112.3M | 55.4M | 63.7M | 60.5M | |
Net Receivables | 31.5M | 38.9M | 45.3M | 29.4M | 33.8M | 38.1M | |
Good Will | 93.3M | 101.1M | 173.5M | 180.7M | 207.8M | 132.5M | |
Common Stock Shares Outstanding | 186.6M | 190.0M | 186.1M | 184.7M | 166.2M | 149.4M | |
Liabilities And Stockholders Equity | 746.4M | 1.0B | 1.1B | 1.0B | 1.2B | 892.3M | |
Non Current Liabilities Total | 1.3B | 950.1M | 959.6M | 970.0M | 873.0M | 880.2M | |
Inventory | 149.0M | 198.8M | 361.7M | 311.8M | 358.6M | 240.9M | |
Other Current Assets | 41.7M | 20.6M | 23.1M | 23.6M | 27.2M | 22.4M | |
Other Stockholder Equity | (278.1M) | 204.7M | 89.9M | 99.3M | 114.2M | 119.9M | |
Total Liab | 1.6B | 1.3B | 1.3B | 1.2B | 1.1B | 1.1B | |
Net Invested Capital | 360.9M | 576.7M | 589.9M | 620.0M | 713.0M | 506.7M | |
Property Plant And Equipment Gross | 244.0M | 282.6M | 314.6M | 341.7M | 393.0M | 246.0M | |
Total Current Assets | 372.1M | 603.3M | 542.4M | 420.3M | 483.3M | 453.8M | |
Non Current Liabilities Other | 5.5M | 3.9M | 65K | 3.5M | 3.1M | 5.5M | |
Net Working Capital | 113.9M | 292.0M | 194.4M | 194.5M | 223.6M | 188.8M | |
Short Term Debt | 117.3M | 130.2M | 68.5M | 70.9M | 81.5M | 74.0M | |
Intangible Assets | 27.9M | 27.9M | 40.2M | 38.2M | 43.9M | 34.7M | |
Property Plant Equipment | 78.5M | 244.0M | 282.6M | 314.6M | 361.7M | 220.0M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.