LegalZoom Investments vs Free Cash Flow Analysis
LZ Stock | USD 7.91 0.08 1.02% |
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 Investments and its Free Cash Flow 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.
Investments vs Free Cash Flow
Investments vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LegalZoom Investments account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between LegalZoom's Investments and Free Cash Flow is -0.42. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of LegalZoom, assuming nothing else is changed. The correlation between historical values of LegalZoom's Investments and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of LegalZoom are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Investments i.e., LegalZoom's Investments and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.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 33.84 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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When running LegalZoom's price analysis, check to measure LegalZoom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LegalZoom is operating at the current time. Most of LegalZoom's value examination focuses on studying past and present price action to predict the probability of LegalZoom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LegalZoom's price. Additionally, you may evaluate how the addition of LegalZoom to your portfolios can decrease your overall portfolio volatility.