Legal Cash vs Total Current Assets Analysis

LGEN Stock   237.80  2.00  0.85%   
Legal General financial indicator trend analysis is infinitely more than just investigating Legal General Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Legal General Group is a good investment. Please check the relationship between Legal General Cash and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legal General Group. 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.

Cash vs Total Current Assets

Cash vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legal General Group Cash account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Legal General's Cash and Total Current Assets is 0.26. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Legal General Group, assuming nothing else is changed. The correlation between historical values of Legal General's Cash and Total Current 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 Cash of Legal General Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Cash i.e., Legal General's Cash and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of Legal General Group, which is listed under current asset account on Legal General Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Legal General customers. The amounts must be unrestricted with restricted cash listed in a different Legal General account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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.
Most indicators from Legal General's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Legal General Group 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 Legal General Group. 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.
At this time, Legal General's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 161.9 M in 2025, whereas Selling General Administrative is likely to drop slightly above 532.8 M in 2025.
 2022 2023 2024 2025 (projected)
Income Before Tax939M195M332M315.4M
Other Operating Expenses31.2B36.4B20.5B18.7B

Legal General fundamental ratios Correlations

0.870.430.65-0.720.10.130.530.260.310.50.850.650.640.58-0.550.330.90.350.370.790.050.30.66-0.570.41
0.870.130.32-0.470.140.130.70.020.350.340.650.840.370.64-0.220.050.630.010.710.81-0.1-0.050.86-0.790.18
0.430.130.53-0.170.38-0.350.080.50.0-0.140.180.190.19-0.05-0.220.20.590.56-0.460.27-0.180.270.050.160.57
0.650.320.53-0.570.37-0.290.270.64-0.140.660.620.260.650.3-0.550.390.740.93-0.210.450.040.550.260.060.8
-0.72-0.47-0.17-0.570.4-0.52-0.15-0.02-0.24-0.63-0.96-0.05-0.93-0.350.95-0.58-0.71-0.29-0.04-0.39-0.27-0.58-0.140.39-0.21
0.10.140.380.370.4-0.960.550.58-0.46-0.14-0.240.56-0.260.280.43-0.260.120.49-0.060.24-0.47-0.170.440.140.53
0.130.13-0.35-0.29-0.52-0.96-0.36-0.580.560.220.41-0.330.35-0.11-0.480.260.04-0.50.26-0.030.440.14-0.21-0.37-0.49
0.530.70.080.27-0.150.55-0.360.34-0.360.160.370.880.070.750.05-0.020.350.090.520.58-0.49-0.090.88-0.470.2
0.260.020.50.64-0.020.58-0.580.34-0.640.260.130.310.030.22-0.050.290.420.73-0.280.28-0.220.410.220.490.62
0.310.350.0-0.14-0.24-0.460.56-0.36-0.640.010.19-0.050.25-0.14-0.17-0.110.2-0.290.310.170.44-0.2-0.02-0.55-0.18
0.50.34-0.140.66-0.63-0.140.220.160.260.010.670.130.60.31-0.570.40.550.510.220.50.250.620.27-0.050.41
0.850.650.180.62-0.96-0.240.410.370.130.190.670.30.870.53-0.850.520.780.310.210.560.190.520.39-0.490.25
0.650.840.190.26-0.050.56-0.330.880.31-0.050.130.3-0.040.730.18-0.130.450.070.640.73-0.3-0.190.97-0.530.21
0.640.370.190.65-0.93-0.260.350.070.030.250.60.87-0.040.27-0.930.60.660.42-0.110.290.260.550.04-0.330.37
0.580.64-0.050.3-0.350.28-0.110.750.22-0.140.310.530.730.27-0.180.150.420.070.430.510.190.070.79-0.48-0.08
-0.55-0.22-0.22-0.550.950.43-0.480.05-0.05-0.17-0.57-0.850.18-0.93-0.18-0.64-0.66-0.350.23-0.26-0.31-0.730.110.15-0.23
0.330.050.20.39-0.58-0.260.26-0.020.29-0.110.40.52-0.130.60.15-0.640.440.3-0.230.090.20.54-0.030.090.34
0.90.630.590.74-0.710.120.040.350.420.20.550.780.450.660.42-0.660.440.540.070.80.080.630.43-0.220.54
0.350.010.560.93-0.290.49-0.50.090.73-0.290.510.310.070.420.07-0.350.30.54-0.450.25-0.010.530.040.390.84
0.370.71-0.46-0.21-0.04-0.060.260.52-0.280.310.220.210.64-0.110.430.23-0.230.07-0.450.5-0.12-0.380.72-0.71-0.22
0.790.810.270.45-0.390.24-0.030.580.280.170.50.560.730.290.51-0.260.090.80.250.5-0.110.380.72-0.350.36
0.05-0.1-0.180.04-0.27-0.470.44-0.49-0.220.440.250.19-0.30.260.19-0.310.20.08-0.01-0.12-0.110.2-0.20.01-0.37
0.3-0.050.270.55-0.58-0.170.14-0.090.41-0.20.620.52-0.190.550.07-0.730.540.630.53-0.380.380.2-0.160.40.34
0.660.860.050.26-0.140.44-0.210.880.22-0.020.270.390.970.040.790.11-0.030.430.040.720.72-0.2-0.16-0.60.16
-0.57-0.790.160.060.390.14-0.37-0.470.49-0.55-0.05-0.49-0.53-0.33-0.480.150.09-0.220.39-0.71-0.350.010.4-0.60.2
0.410.180.570.8-0.210.53-0.490.20.62-0.180.410.250.210.37-0.08-0.230.340.540.84-0.220.36-0.370.340.160.2
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Legal General Account Relationship Matchups

Legal General fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets563.6B575.5B506.3B522.1B544.2B571.4B
Short Long Term Debt Total5.8B5.4B5.5B6.1B7.7B8.1B
Other Current Liab68.8B132.6B(26.1B)269M(432M)(410.4M)
Total Stockholder Equity10.0B11.0B12.2B4.8B3.5B4.4B
Property Plant And Equipment Net274M242M252M315M395M375.3M
Net Debt2.2B1.8B644M(14.4B)(9.0B)(8.5B)
Cash3.6B3.6B4.8B20.5B16.7B17.5B
Non Current Assets Total551.9B564.9B489.6B502.0B537.1B564.0B
Non Currrent Assets Other529.9B550.6B446.0B460.8B(499.0B)(474.0B)
Other Assets23.3B24.6B42.0B(395M)544.2B571.4B
Cash And Short Term Investments18.0B16.5B35.8B20.5B18.6B9.8B
Common Stock Shares Outstanding6.3B6.3B6.3B6.3B5.9B6.1B
Liabilities And Stockholders Equity563.6B575.5B506.3B522.1B544.2B571.4B
Non Current Liabilities Total484.3B505.4B379.3B482.2B554.5B582.2B
Other Stockholder Equity2.1B1.7B2.1B1.4B1.7B1.8B
Total Liab553.7B564.5B494.2B517.3B540.7B567.7B
Property Plant And Equipment Gross274M513M579M681M650M1.1B
Total Current Assets11.8B10.5B16.8B20.5B7.0B9.7B
Other Liab515.3B477.2B503.7B412.1B473.9B273.5B
Retained Earnings8.2B9.2B10.3B3.0B1.7B1.6B
Accounts Payable61M84M70.3B91.4B105.2B110.4B
Long Term Debt5.6B5.1B5.4B5.9B7.4B3.8B
Intangible Assets397M433M512M477M450M544.0M
Property Plant Equipment298M274M316M326M374.9M393.6M
Total Current Liabilities69.4B59.1B114.9B346M397.9M378.0M
Other Current Assets12.0B10.8B17.1B12.8B(19.1B)(18.2B)
Accumulated Other Comprehensive Income198M196M318M326M374.9M393.6M
Short Term Investments643M665M789M2.0B1.9B1.8B
Short Term Debt380M186M206M269M314M329.7M
Net Tangible Assets8.8B9.6B10.5B11.7B13.4B8.8B
Net Receivables(20.2B)(18.5B)(37.8B)(24.5B)7.0B7.4B
Good Will65M64M68M71M30M46.4M
Long Term Investments526.3B527.1B430.1B472.0B496.3B482.1B
Current Deferred Revenue2M26M40M29M33.4M35.0M
Net Invested Capital15.6B16.2B17.7B10.9B11.2B11.2B

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