Lennox Intangible Assets vs Inventory Analysis

LII Stock  USD 650.60  25.25  4.04%   
Lennox International financial indicator trend analysis is infinitely more than just investigating Lennox International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lennox International is a good investment. Please check the relationship between Lennox International Intangible Assets and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennox International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Lennox Stock please use our How to Invest in Lennox International guide.

Intangible Assets vs Inventory

Intangible Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lennox International Intangible Assets account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lennox International's Intangible Assets and Inventory is -0.47. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Lennox International, assuming nothing else is changed. The correlation between historical values of Lennox International's Intangible Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Lennox International are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Intangible Assets i.e., Lennox International's Intangible Assets and Inventory go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Inventory

Most indicators from Lennox International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lennox International 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 Lennox International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Lennox Stock please use our How to Invest in Lennox International guide.As of now, Lennox International's Enterprise Value is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.3B1.5B1.1B
Total Revenue4.2B4.7B5.0B3.8B

Lennox International fundamental ratios Correlations

0.850.640.73-0.410.820.840.850.740.310.970.430.410.94-0.480.810.920.27-0.870.90.970.6-0.380.690.790.69
0.850.310.72-0.660.91.00.950.760.270.790.140.360.87-0.670.810.820.36-0.980.890.850.64-0.510.450.840.46
0.640.310.44-0.070.310.330.360.49-0.210.610.31-0.140.59-0.070.420.60.28-0.360.50.640.3-0.230.580.450.58
0.730.720.44-0.610.520.730.60.77-0.010.59-0.040.070.8-0.410.470.88-0.03-0.670.80.820.96-0.450.440.530.44
-0.41-0.66-0.07-0.61-0.31-0.67-0.44-0.75-0.07-0.290.42-0.12-0.540.54-0.7-0.57-0.340.6-0.77-0.51-0.610.5-0.2-0.25-0.2
0.820.90.310.52-0.310.890.980.520.330.840.430.420.75-0.630.670.660.35-0.940.70.750.43-0.380.40.940.41
0.841.00.330.73-0.670.890.940.760.220.780.140.320.87-0.670.80.820.37-0.970.890.850.65-0.50.440.840.45
0.850.950.360.6-0.440.980.940.660.350.840.30.440.83-0.650.730.730.36-0.980.780.810.49-0.470.470.920.47
0.740.760.490.77-0.750.520.760.660.190.63-0.130.240.82-0.30.750.780.19-0.740.880.80.62-0.540.720.450.72
0.310.27-0.21-0.01-0.070.330.220.350.190.320.070.990.22-0.180.370.13-0.03-0.330.250.28-0.11-0.20.290.120.29
0.970.790.610.59-0.290.840.780.840.630.320.580.420.85-0.430.780.810.28-0.830.820.880.47-0.290.690.790.69
0.430.140.31-0.040.420.430.140.3-0.130.070.580.130.2-0.040.170.190.16-0.210.10.25-0.080.420.220.460.22
0.410.36-0.140.07-0.120.420.320.440.240.990.420.130.31-0.260.450.230.03-0.420.340.37-0.02-0.230.320.220.32
0.940.870.590.8-0.540.750.870.830.820.220.850.20.31-0.520.780.930.29-0.860.910.960.67-0.440.630.740.63
-0.48-0.67-0.07-0.410.54-0.63-0.67-0.65-0.3-0.18-0.43-0.04-0.26-0.52-0.57-0.54-0.390.71-0.58-0.5-0.470.390.2-0.610.2
0.810.810.420.47-0.70.670.80.730.750.370.780.170.450.78-0.570.730.53-0.820.910.780.37-0.420.550.580.55
0.920.820.60.88-0.570.660.820.730.780.130.810.190.230.93-0.540.730.13-0.80.920.960.8-0.470.560.650.56
0.270.360.28-0.03-0.340.350.370.360.19-0.030.280.160.030.29-0.390.530.13-0.410.350.24-0.020.09-0.050.5-0.05
-0.87-0.98-0.36-0.670.6-0.94-0.97-0.98-0.74-0.33-0.83-0.21-0.42-0.860.71-0.82-0.8-0.41-0.88-0.85-0.580.51-0.45-0.87-0.46
0.90.890.50.8-0.770.70.890.780.880.250.820.10.340.91-0.580.910.920.35-0.880.920.71-0.50.580.650.58
0.970.850.640.82-0.510.750.850.810.80.280.880.250.370.96-0.50.780.960.24-0.850.920.69-0.460.640.730.64
0.60.640.30.96-0.610.430.650.490.62-0.110.47-0.08-0.020.67-0.470.370.8-0.02-0.580.710.69-0.390.220.470.22
-0.38-0.51-0.23-0.450.5-0.38-0.5-0.47-0.54-0.2-0.290.42-0.23-0.440.39-0.42-0.470.090.51-0.5-0.46-0.39-0.34-0.3-0.34
0.690.450.580.44-0.20.40.440.470.720.290.690.220.320.630.20.550.56-0.05-0.450.580.640.22-0.340.31.0
0.790.840.450.53-0.250.940.840.920.450.120.790.460.220.74-0.610.580.650.5-0.870.650.730.47-0.30.30.31
0.690.460.580.44-0.20.410.450.470.720.290.690.220.320.630.20.550.56-0.05-0.460.580.640.22-0.341.00.31
Click cells to compare fundamentals

Lennox International Account Relationship Matchups

Lennox International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.0B2.2B2.6B2.8B2.0B
Short Long Term Debt Total1.4B1.2B1.4B1.7B1.5B1.6B
Other Current Liab247.3M205.2M308.7M292.8M341.8M236.2M
Total Current Liabilities1.0B701.3M827.1M1.6B1.0B797.7M
Total Stockholder Equity(170.2M)(17.1M)(269M)(203.1M)285.3M282.3M
Property Plant And Equipment Net627M658.7M711.2M768.8M934M980.7M
Net Debt1.3B1.1B1.4B1.7B1.5B1.5B
Retained Earnings2.1B2.4B2.7B3.1B3.5B3.7B
Accounts Payable372.4M340.3M402.1M427.3M374.7M329.3M
Cash37.3M123.9M31M52.6M60.7M60.1M
Non Current Assets Total914M944.9M996.5M1.1B1.4B914.4M
Non Currrent Assets Other40.4M49.1M49.7M44.1M98.5M54.7M
Cash And Short Term Investments40.2M129M36.5M61.1M69.1M63.0M
Net Receivables477.8M448.3M508.3M608.5M594.6M483.3M
Common Stock Shares Outstanding39.4M38.6M37.5M35.8M35.7M40.6M
Liabilities And Stockholders Equity2.0B2.0B2.2B2.6B2.8B2.0B
Non Current Liabilities Total1.2B1.3B1.6B1.2B1.5B826.2M
Inventory544.1M439.4M510.9M753M699.1M421.9M
Other Current Assets58.8M70.9M119.7M73.9M70.7M74.3M
Other Stockholder Equity(2.2B)(2.3B)(2.9B)(3.2B)(3.2B)(3.0B)
Total Liab2.2B2.0B2.4B2.8B2.5B1.6B
Total Current Assets1.1B1.1B1.2B1.5B1.4B1.1B
Short Term Debt374.6M130M238.4M848.4M289.2M152.1M
Property Plant And Equipment Gross627M658.7M1.6B1.7B1.8B1.9B
Accumulated Other Comprehensive Income(103.8M)(97.2M)(88.1M)(90.6M)(56.9M)(59.7M)
Other Liab222.1M234.8M242.3M199M228.9M213.0M
Other Assets61.9M295M98.7M116M133.4M135.9M
Long Term Debt823.4M970.7M1.2B814.2M1.1B586.9M
Treasury Stock(3.3B)(3.4B)(4.0B)(4.3B)(3.9B)(3.7B)
Property Plant Equipment445.4M464.3M711.2M768.8M884.1M928.3M
Current Deferred Revenue8.4M5.5M10.2M9.6M4.7M4.5M
Good Will186.6M186.5M186.9M186.3M222.1M200.2M
Net Tangible Assets(356.7M)(204M)(455.6M)(389.4M)(350.5M)(332.9M)
Retained Earnings Total Equity2.1B2.4B2.7B3.1B3.5B3.7B
Long Term Debt Total849.3M970.7M1.2B814.2M936.3M738.8M
Capital Surpluse1.1B1.1B1.1B1.2B1.3B1.1B

Currently Active Assets on Macroaxis

When determining whether Lennox International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lennox International'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 Lennox International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lennox International Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennox International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Lennox Stock please use our How to Invest in Lennox International 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 Building Products 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 Lennox International. If investors know Lennox 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 Lennox International 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
0.83
Dividend Share
4.5
Earnings Share
21.08
Revenue Per Share
144.796
Quarterly Revenue Growth
0.096
The market value of Lennox International is measured differently than its book value, which is the value of Lennox that is recorded on the company's balance sheet. Investors also form their own opinion of Lennox International's value that differs from its market value or its book value, called intrinsic value, which is Lennox International'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 Lennox International's market value can be influenced by many factors that don't directly affect Lennox International'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 Lennox International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennox International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennox International'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.