LPL Intangible Assets vs Net Tangible Assets Analysis
LPLA Stock | USD 326.85 3.61 1.12% |
LPL Financial financial indicator trend analysis is infinitely more than just investigating LPL Financial Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LPL Financial Holdings is a good investment. Please check the relationship between LPL Financial Intangible Assets and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LPL Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Intangible Assets vs Net Tangible Assets
Intangible Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LPL Financial Holdings Intangible Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between LPL Financial's Intangible Assets and Net Tangible Assets is 0.37. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of LPL Financial Holdings, assuming nothing else is changed. The correlation between historical values of LPL Financial's Intangible Assets and Net Tangible 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 Intangible Assets of LPL Financial Holdings are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Intangible Assets i.e., LPL Financial's Intangible Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from LPL Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LPL Financial Holdings 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 LPL Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, LPL Financial's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 16.20, whereas Tax Provision is forecasted to decline to about 197.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 104.4M | 126.2M | 186.8M | 105.8M | Depreciation And Amortization | 6.9B | 7.4B | 354.2M | 336.5M |
LPL Financial fundamental ratios Correlations
Click cells to compare fundamentals
LPL Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LPL Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 84.6M | 80.7M | 81.7M | 81.3M | 77.9M | 75.5M | |
Total Assets | 5.9B | 6.5B | 8.0B | 9.5B | 10.4B | 5.7B | |
Short Long Term Debt Total | 2.6B | 3.0B | 2.9B | 3.2B | 4.0B | 2.4B | |
Other Current Liab | (82.8M) | (771.3M) | (160.9M) | (596.4M) | 5.3B | 5.6B | |
Total Current Liabilities | 695.0M | 771.3M | 644.1M | 596.4M | 3.6B | 3.7B | |
Total Stockholder Equity | 1.0B | 1.3B | 1.7B | 2.2B | 2.1B | 1.3B | |
Property Plant And Equipment Net | 635.5M | 684.8M | 658.8M | 780.4M | 1.0B | 1.1B | |
Net Debt | 2.1B | 1.8B | 2.3B | 1.9B | 3.5B | 3.7B | |
Retained Earnings | 1.6B | 1.9B | 2.3B | 3.1B | 4.1B | 4.3B | |
Accounts Payable | 650.0M | 771.3M | 554.1M | 596.4M | 566.4M | 530.2M | |
Cash | 590.2M | 808.6M | 495.2M | 847.5M | 465.7M | 584.7M | |
Non Current Assets Total | 2.6B | 2.6B | 2.8B | 3.1B | 4.7B | 2.4B | |
Non Currrent Assets Other | (2.1M) | (24.1M) | (5.6M) | 115.8M | 946.1M | 993.4M | |
Other Assets | 1.7B | 2.1B | 3.4B | 4.2B | 4.9B | 5.1B | |
Cash And Short Term Investments | 590.2M | 808.6M | 495.2M | 847.5M | 557.0M | 590.3M | |
Net Receivables | 910.4M | 944.9M | 1.3B | 1.3B | 2.9B | 3.0B | |
Good Will | 1.5B | 1.5B | 1.6B | 1.6B | 1.9B | 1.6B | |
Common Stock Total Equity | 126K | 127K | 129K | 130K | 149.5K | 123.7K | |
Liabilities And Stockholders Equity | 5.9B | 6.5B | 8.0B | 9.5B | 10.4B | 5.7B | |
Non Current Liabilities Total | 2.7B | 2.7B | 3.0B | 596.4M | 4.7B | 2.8B | |
Other Current Assets | (2.8B) | (3.3B) | (4.3B) | (5.6B) | 2.3B | 2.4B | |
Other Stockholder Equity | (2.1B) | (628.3M) | (657.2M) | (933.7M) | (2.0B) | (1.9B) | |
Total Liab | 4.9B | 5.2B | 6.3B | 7.3B | 8.3B | 4.4B | |
Property Plant And Equipment Gross | 635.5M | 684.8M | 658.8M | 1.7B | 2.1B | 2.2B | |
Total Current Assets | 1.5B | 1.8B | 1.8B | 2.1B | 5.7B | 6.0B | |
Accumulated Other Comprehensive Income | (427.3M) | (308.2M) | 0.0 | 1.3B | 1.7B | 2.2B | |
Short Term Debt | 45M | 676.0M | 90M | 458.3M | 85.1M | 80.9M | |
Intangible Assets | 439.8M | 397.5M | 455.0M | 427.7M | 671.6M | 401.9M | |
Common Stock | 126K | 127K | 129K | 130K | 149.5K | 124.8K | |
Other Liab | 1.1B | 1.5B | 2.7B | 3.6B | 4.1B | 4.3B | |
Current Deferred Revenue | 82.8M | 95.3M | 160.9M | 138.1M | 156.2M | 91.8M | |
Long Term Debt | 2.4B | 2.3B | 2.8B | 2.7B | 3.7B | 2.2B | |
Short Term Investments | 31.0M | 14.7M | 49.2M | 52.6M | 91.3M | 86.7M | |
Inventory | 29.3M | (25.9M) | 1.0 | 4.3B | (15.2M) | (14.5M) | |
Property Plant Equipment | 533.0M | 582.9M | 658.8M | 407.1M | 468.2M | 333.0M | |
Net Tangible Assets | (919.6M) | (596.5M) | (426.9M) | 97.4M | 112.0M | 117.6M | |
Retained Earnings Total Equity | 1.6B | 1.9B | 2.3B | 3.1B | 3.6B | 3.7B | |
Long Term Debt Total | 2.4B | 2.3B | 2.8B | 2.7B | 3.1B | 2.3B | |
Capital Surpluse | 1.7B | 1.8B | 1.8B | 1.9B | 2.2B | 1.7B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether LPL Financial Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LPL Financial'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 Lpl Financial Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lpl Financial Holdings Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LPL Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Investment Banking & Brokerage 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 LPL Financial. If investors know LPL 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 LPL Financial 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 0.165 | Dividend Share 1.2 | Earnings Share 13.34 | Revenue Per Share 153.926 | Quarterly Revenue Growth 0.232 |
The market value of LPL Financial Holdings is measured differently than its book value, which is the value of LPL that is recorded on the company's balance sheet. Investors also form their own opinion of LPL Financial's value that differs from its market value or its book value, called intrinsic value, which is LPL Financial'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 LPL Financial's market value can be influenced by many factors that don't directly affect LPL Financial'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 LPL Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if LPL Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LPL Financial'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.