LegalZoom Cash vs Total Liab Analysis
LZ Stock | USD 7.83 0.07 0.90% |
LegalZoom financial indicator trend analysis is infinitely more than just investigating LegalZoom recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LegalZoom is a good investment. Please check the relationship between LegalZoom Cash and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LegalZoom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy LegalZoom Stock please use our How to Invest in LegalZoom guide.
Cash vs Total Liab
Cash vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LegalZoom Cash account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between LegalZoom's Cash and Total Liab is -0.43. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Liab in the same time period over historical financial statements of LegalZoom, assuming nothing else is changed. The correlation between historical values of LegalZoom's Cash and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of LegalZoom are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Cash i.e., LegalZoom's Cash and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of LegalZoom, which is listed under current asset account on LegalZoom balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from LegalZoom customers. The amounts must be unrestricted with restricted cash listed in a different LegalZoom account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from LegalZoom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LegalZoom 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 LegalZoom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy LegalZoom Stock please use our How to Invest in LegalZoom guide.At this time, LegalZoom's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 38.37 in 2024, whereas Selling General Administrative is likely to drop slightly above 75 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 28.0M | 1.5M | 493K | 468.4K | Depreciation And Amortization | 16.7M | 21.7M | 28.1M | 17.5M |
LegalZoom fundamental ratios Correlations
Click cells to compare fundamentals
LegalZoom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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