Lennox Intangible Assets vs Long Term Investments 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 Long Term Investments 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 Long Term Investments
Intangible Assets vs Long Term Investments 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 Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lennox International's Intangible Assets and Long Term Investments is -0.28. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Investments 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 Long 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 Intangible Assets of Lennox International are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Intangible Assets i.e., Lennox International's Intangible Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Long Term Investments
Long Term Investments is an item on the asset side of Lennox International balance sheet that represents investments Lennox International intends to hold for over a year. Lennox International long term investments may include different instruments such as stocks, bonds, real estate and cash.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 Profit | 1.2B | 1.3B | 1.5B | 1.1B | Total Revenue | 4.2B | 4.7B | 5.0B | 3.8B |
Lennox International fundamental ratios Correlations
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Lennox International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lennox International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.0B | 2.2B | 2.6B | 2.8B | 2.0B | |
Short Long Term Debt Total | 1.4B | 1.2B | 1.4B | 1.7B | 1.5B | 1.6B | |
Other Current Liab | 247.3M | 205.2M | 308.7M | 292.8M | 341.8M | 236.2M | |
Total Current Liabilities | 1.0B | 701.3M | 827.1M | 1.6B | 1.0B | 797.7M | |
Total Stockholder Equity | (170.2M) | (17.1M) | (269M) | (203.1M) | 285.3M | 282.3M | |
Property Plant And Equipment Net | 627M | 658.7M | 711.2M | 768.8M | 934M | 980.7M | |
Net Debt | 1.3B | 1.1B | 1.4B | 1.7B | 1.5B | 1.5B | |
Retained Earnings | 2.1B | 2.4B | 2.7B | 3.1B | 3.5B | 3.7B | |
Accounts Payable | 372.4M | 340.3M | 402.1M | 427.3M | 374.7M | 329.3M | |
Cash | 37.3M | 123.9M | 31M | 52.6M | 60.7M | 60.1M | |
Non Current Assets Total | 914M | 944.9M | 996.5M | 1.1B | 1.4B | 914.4M | |
Non Currrent Assets Other | 40.4M | 49.1M | 49.7M | 44.1M | 98.5M | 54.7M | |
Cash And Short Term Investments | 40.2M | 129M | 36.5M | 61.1M | 69.1M | 63.0M | |
Net Receivables | 477.8M | 448.3M | 508.3M | 608.5M | 594.6M | 483.3M | |
Common Stock Shares Outstanding | 39.4M | 38.6M | 37.5M | 35.8M | 35.7M | 40.6M | |
Liabilities And Stockholders Equity | 2.0B | 2.0B | 2.2B | 2.6B | 2.8B | 2.0B | |
Non Current Liabilities Total | 1.2B | 1.3B | 1.6B | 1.2B | 1.5B | 826.2M | |
Inventory | 544.1M | 439.4M | 510.9M | 753M | 699.1M | 421.9M | |
Other Current Assets | 58.8M | 70.9M | 119.7M | 73.9M | 70.7M | 74.3M | |
Other Stockholder Equity | (2.2B) | (2.3B) | (2.9B) | (3.2B) | (3.2B) | (3.0B) | |
Total Liab | 2.2B | 2.0B | 2.4B | 2.8B | 2.5B | 1.6B | |
Total Current Assets | 1.1B | 1.1B | 1.2B | 1.5B | 1.4B | 1.1B | |
Short Term Debt | 374.6M | 130M | 238.4M | 848.4M | 289.2M | 152.1M | |
Property Plant And Equipment Gross | 627M | 658.7M | 1.6B | 1.7B | 1.8B | 1.9B | |
Accumulated Other Comprehensive Income | (103.8M) | (97.2M) | (88.1M) | (90.6M) | (56.9M) | (59.7M) | |
Other Liab | 222.1M | 234.8M | 242.3M | 199M | 228.9M | 213.0M | |
Other Assets | 61.9M | 295M | 98.7M | 116M | 133.4M | 135.9M | |
Long Term Debt | 823.4M | 970.7M | 1.2B | 814.2M | 1.1B | 586.9M | |
Treasury Stock | (3.3B) | (3.4B) | (4.0B) | (4.3B) | (3.9B) | (3.7B) | |
Property Plant Equipment | 445.4M | 464.3M | 711.2M | 768.8M | 884.1M | 928.3M | |
Current Deferred Revenue | 8.4M | 5.5M | 10.2M | 9.6M | 4.7M | 4.5M | |
Good Will | 186.6M | 186.5M | 186.9M | 186.3M | 222.1M | 200.2M | |
Net Tangible Assets | (356.7M) | (204M) | (455.6M) | (389.4M) | (350.5M) | (332.9M) | |
Retained Earnings Total Equity | 2.1B | 2.4B | 2.7B | 3.1B | 3.5B | 3.7B | |
Long Term Debt Total | 849.3M | 970.7M | 1.2B | 814.2M | 936.3M | 738.8M | |
Capital Surpluse | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 1.1B |
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.