Live Ebitda vs Total Operating Expenses Analysis

LYV Stock  USD 140.29  1.72  1.24%   
Live Nation financial indicator trend analysis is infinitely more than just investigating Live Nation Entertainment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Live Nation Entertainment is a good investment. Please check the relationship between Live Nation Ebitda and its Total Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Nation Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Ebitda vs Total Operating Expenses

Ebitda vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Live Nation Entertainment Ebitda account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Live Nation's Ebitda and Total Operating Expenses is 0.7. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Live Nation Entertainment, assuming nothing else is changed. The correlation between historical values of Live Nation's Ebitda and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Live Nation Entertainment are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Ebitda i.e., Live Nation's Ebitda and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebitda

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Live Nation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Live Nation Entertainment 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 Live Nation Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Live Nation's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 168.2 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 13.93 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B4.3B5.5B5.7B
Total Revenue6.3B16.7B22.7B23.9B

Live Nation fundamental ratios Correlations

-0.720.340.240.330.990.970.990.990.880.970.990.55-0.47-0.40.990.960.940.940.990.950.620.950.090.950.84
-0.72-0.78-0.24-0.82-0.81-0.84-0.73-0.74-0.71-0.72-0.78-0.70.120.25-0.78-0.86-0.64-0.89-0.78-0.62-0.88-0.860.49-0.75-0.48
0.34-0.78-0.10.920.450.450.360.410.420.320.390.420.380.240.430.540.290.510.430.340.910.48-0.830.310.14
0.24-0.24-0.1-0.230.250.370.130.120.240.380.280.75-0.64-0.580.140.240.170.380.14-0.010.140.40.350.290.23
0.33-0.820.92-0.230.450.440.370.410.380.290.380.320.410.210.450.540.270.510.450.330.80.47-0.860.330.11
0.99-0.810.450.250.450.990.980.980.880.970.990.61-0.42-0.390.990.980.920.970.990.930.70.97-0.020.950.8
0.97-0.840.450.370.440.990.940.940.850.970.980.72-0.46-0.460.960.980.870.990.960.870.711.0-0.020.950.78
0.99-0.730.360.130.370.980.941.00.850.930.980.46-0.42-0.390.990.940.960.910.990.960.610.910.060.970.82
0.99-0.740.410.120.410.980.941.00.870.930.980.46-0.38-0.320.990.950.950.920.990.970.650.920.010.940.82
0.88-0.710.420.240.380.880.850.850.870.820.890.49-0.37-0.240.870.860.840.860.870.830.660.850.00.80.7
0.97-0.720.320.380.290.970.970.930.930.820.960.69-0.49-0.450.930.960.850.940.930.890.60.960.110.920.86
0.99-0.780.390.280.380.990.980.980.980.890.960.59-0.5-0.440.990.960.940.960.990.920.670.960.070.960.78
0.55-0.70.420.750.320.610.720.460.460.490.690.59-0.44-0.520.50.650.350.740.50.330.640.76-0.080.560.42
-0.470.120.38-0.640.41-0.42-0.46-0.42-0.38-0.37-0.49-0.5-0.440.86-0.4-0.29-0.43-0.42-0.4-0.26-0.02-0.45-0.77-0.53-0.27
-0.40.250.24-0.580.21-0.39-0.46-0.39-0.32-0.24-0.45-0.44-0.520.86-0.36-0.28-0.34-0.43-0.36-0.18-0.07-0.45-0.56-0.58-0.25
0.99-0.780.430.140.450.990.960.990.990.870.930.990.5-0.4-0.360.960.940.941.00.950.680.94-0.010.950.78
0.96-0.860.540.240.540.980.980.940.950.860.960.960.65-0.29-0.280.960.860.970.960.910.750.97-0.160.910.81
0.94-0.640.290.170.270.920.870.960.950.840.850.940.35-0.43-0.340.940.860.850.940.930.530.830.120.920.8
0.94-0.890.510.380.510.970.990.910.920.860.940.960.74-0.42-0.430.940.970.850.940.830.751.0-0.10.930.74
0.99-0.780.430.140.450.990.960.990.990.870.930.990.5-0.4-0.361.00.960.940.940.950.680.94-0.010.950.78
0.95-0.620.34-0.010.330.930.870.960.970.830.890.920.33-0.26-0.180.950.910.930.830.950.550.830.020.880.87
0.62-0.880.910.140.80.70.710.610.650.660.60.670.64-0.02-0.070.680.750.530.750.680.550.73-0.540.570.34
0.95-0.860.480.40.470.971.00.910.920.850.960.960.76-0.45-0.450.940.970.831.00.940.830.73-0.050.920.75
0.090.49-0.830.35-0.86-0.02-0.020.060.010.00.110.07-0.08-0.77-0.56-0.01-0.160.12-0.1-0.010.02-0.54-0.050.120.14
0.95-0.750.310.290.330.950.950.970.940.80.920.960.56-0.53-0.580.950.910.920.930.950.880.570.920.120.8
0.84-0.480.140.230.110.80.780.820.820.70.860.780.42-0.27-0.250.780.810.80.740.780.870.340.750.140.8
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Live Nation Account Relationship Matchups

Live Nation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.0B10.6B14.4B16.5B19.1B20.0B
Total Stockholder Equity1.1B(471.8M)(582.7M)(367.6M)(17.1M)(16.3M)
Common Stock Shares Outstanding210.1M212.3M217.2M231.6M231.0M166.1M
Liabilities And Stockholders Equity11.0B10.6B14.4B16.5B19.1B20.0B
Other Assets857.6M2.9B1.1B792.1M910.9M583.9M
Other Stockholder Equity2.2B2.4B2.9B2.7B2.4B2.3B
Total Liab9.1B10.5B14.0B15.7B17.6B18.5B
Short Long Term Debt Total4.8B6.5B7.5B7.7B8.4B8.9B
Other Current Liab1.5B1.6B3.1B4.1B4.8B5.1B
Total Current Liabilities4.1B3.8B6.9B8.3B10.0B10.5B
Other Liab308.8M353.3M431.6M456.0M524.4M550.6M
Property Plant And Equipment Net2.5B2.5B2.6B3.1B3.7B3.9B
Current Deferred Revenue1.4B1.8B2.8B3.1B3.4B3.6B
Net Debt2.3B3.9B2.6B2.1B2.2B1.2B
Retained Earnings(949.3M)(2.7B)(3.3B)(3.0B)(2.4B)(2.3B)
Accounts Payable1.1B86.4M110.6M180.1M267.5M472.0M
Cash2.5B2.5B4.9B5.6B6.2B6.5B
Non Current Assets Total6.8B6.9B7.7B8.3B9.5B10.0B
Non Currrent Assets Other135.1M391.3M548.5M884.8M1.1B1.2B
Long Term Debt3.3B4.9B5.1B5.3B5.5B5.7B
Cash And Short Term Investments2.5B2.5B4.9B5.6B6.2B6.5B
Net Receivables1.0B486.7M1.1B1.5B2.1B2.2B
Good Will2.0B2.1B2.6B2.5B2.7B1.4B
Non Current Liabilities Total5.0B6.7B7.2B7.4B7.6B8.0B
Inventory16.1M22M33.8M38.7M45.1M60.8M
Other Current Assets6.1M603.2M699.0M1.0B1.2B1.2B
Property Plant And Equipment Gross2.5B2.5B1.1B1.5B5.5B5.8B
Total Current Assets4.2B3.6B6.7B8.2B9.6B10.1B
Accumulated Other Comprehensive Income(145.7M)(177.0M)(148.0M)(90.1M)27.5M28.8M
Short Term Debt159.7M267.7M832.7M900.5M1.5B1.5B
Intangible Assets1.2B1.2B1.4B1.4B1.5B980.9M
Property Plant Equipment2.5B1.1B1.1B1.5B1.7B1.0B
Common Stock Total Equity2.1M2.1M2.2M2.3M2.6M1.8M
Common Stock2.1M2.1M2.2M2.3M2.3M1.9M
Net Tangible Assets(2.1B)1.2B1.3B1.7B1.5B811.8M
Warrants449.5M272.4M551.9M669.8M770.2M808.7M
Noncontrolling Interest In Consolidated Entity318.1M338.0M394.2M461.4M530.6M284.4M

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