LYV Stock | | | USD 136.51 2.07 1.54% |
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 Long Term Debt and its Intangible Assets 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.
Long Term Debt vs Intangible Assets
Long Term Debt vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Live Nation Entertainment Long Term Debt account and
Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Live Nation's Long Term Debt and Intangible Assets is 0.58. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets 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 Long Term Debt and Intangible 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 Long Term Debt of Live Nation Entertainment are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., Live Nation's Long Term Debt and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Live Nation Entertainment has held for over one year. Long-term debt appears on Live Nation Entertainment balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Live Nation Entertainment balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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.
Live Nation fundamental ratios Correlations
Click cells to compare fundamentals
Live Nation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Live Nation fundamental ratios Accounts
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