LegalZoom Long Term Investments vs Net Working Capital 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 Long Term Investments and its Net Working Capital 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.
Long Term Investments vs Net Working Capital
Long Term Investments vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LegalZoom Long Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between LegalZoom's Long Term Investments and Net Working Capital is -0.89. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of LegalZoom, assuming nothing else is changed. The correlation between historical values of LegalZoom's Long Term Investments and Net Working Capital 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 Investments of LegalZoom are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Investments i.e., LegalZoom's Long Term Investments and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of LegalZoom balance sheet that represents investments LegalZoom intends to hold for over a year. LegalZoom long term investments may include different instruments such as stocks, bonds, real estate and cash.Net Working Capital
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
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.Additional Tools for LegalZoom Stock Analysis
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.