LegalZoom Property Plant And Equipment Net vs Cash Analysis
LZ Stock | USD 7.94 0.03 0.38% |
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 Property Plant And Equipment Net and its Cash 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.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LegalZoom Property Plant And Equipment Net account and Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between LegalZoom's Property Plant And Equipment Net and Cash is 0.08. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash in the same time period over historical financial statements of LegalZoom, assuming nothing else is changed. The correlation between historical values of LegalZoom's Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of LegalZoom are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., LegalZoom's Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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.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
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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.