LegalZoom Total Operating Expenses vs Tax Provision 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 Total Operating Expenses and its Tax Provision 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.

Total Operating Expenses vs Tax Provision

Total Operating Expenses vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LegalZoom Total Operating Expenses account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between LegalZoom's Total Operating Expenses and Tax Provision is -0.05. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of LegalZoom, assuming nothing else is changed. The correlation between historical values of LegalZoom's Total Operating Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of LegalZoom are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Operating Expenses i.e., LegalZoom's Total Operating Expenses and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax 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 Expense28.0M1.5M493K468.4K
Depreciation And Amortization16.7M21.7M28.1M17.5M

LegalZoom fundamental ratios Correlations

-0.30.940.950.49-0.620.470.40.95-0.47-0.850.940.940.840.230.030.940.770.970.64-0.360.70.83-0.130.520.95
-0.3-0.02-0.02-0.970.23-0.980.720.00.98-0.1-0.06-0.570.240.750.85-0.570.28-0.070.511.0-0.73-0.710.970.08-0.56
0.94-0.020.980.23-0.660.210.620.98-0.2-0.940.910.780.940.440.280.780.930.970.82-0.090.570.670.150.560.81
0.95-0.020.980.23-0.550.210.621.0-0.21-0.940.960.810.940.470.250.810.890.980.81-0.090.570.680.150.590.83
0.49-0.970.230.23-0.361.0-0.550.21-1.0-0.120.260.72-0.02-0.62-0.780.72-0.080.28-0.3-0.990.830.85-0.90.090.71
-0.620.23-0.66-0.55-0.36-0.34-0.33-0.540.320.56-0.39-0.51-0.6-0.130.01-0.51-0.64-0.64-0.40.28-0.43-0.540.16-0.37-0.55
0.47-0.980.210.211.0-0.34-0.570.19-1.0-0.10.240.7-0.05-0.63-0.80.7-0.090.25-0.32-0.990.840.84-0.910.080.69
0.40.720.620.62-0.55-0.33-0.570.630.58-0.730.540.080.820.930.730.080.820.60.930.67-0.18-0.060.820.590.1
0.950.00.981.00.21-0.540.190.63-0.19-0.950.950.790.940.480.280.790.910.970.83-0.070.560.660.170.580.82
-0.470.98-0.2-0.21-1.00.32-1.00.58-0.190.09-0.25-0.710.060.640.79-0.710.11-0.250.330.99-0.82-0.830.91-0.06-0.7
-0.85-0.1-0.94-0.94-0.120.56-0.1-0.73-0.950.09-0.87-0.65-0.95-0.58-0.29-0.65-0.93-0.91-0.89-0.03-0.52-0.62-0.3-0.75-0.68
0.94-0.060.910.960.26-0.390.240.540.95-0.25-0.870.850.860.430.20.850.770.930.75-0.120.540.670.110.570.85
0.94-0.570.780.810.72-0.510.70.080.79-0.71-0.650.850.6-0.06-0.241.00.510.820.36-0.620.80.91-0.430.371.0
0.840.240.940.94-0.02-0.6-0.050.820.940.06-0.950.860.60.640.480.60.970.940.940.170.310.470.390.60.63
0.230.750.440.47-0.62-0.13-0.630.930.480.64-0.580.43-0.060.640.59-0.060.630.440.780.72-0.24-0.190.830.64-0.03
0.030.850.280.25-0.780.01-0.80.730.280.79-0.290.2-0.240.480.59-0.240.520.220.660.83-0.58-0.470.84-0.08-0.23
0.94-0.570.780.810.72-0.510.70.080.79-0.71-0.650.851.00.6-0.06-0.240.510.820.36-0.620.80.91-0.430.371.0
0.770.280.930.89-0.08-0.64-0.090.820.910.11-0.930.770.510.970.630.520.510.890.930.210.310.420.430.560.55
0.97-0.070.970.980.28-0.640.250.60.97-0.25-0.910.930.820.940.440.220.820.890.77-0.140.530.680.080.560.85
0.640.510.820.81-0.3-0.4-0.320.930.830.33-0.890.750.360.940.780.660.360.930.770.440.10.240.660.620.38
-0.361.0-0.09-0.09-0.990.28-0.990.67-0.070.99-0.03-0.12-0.620.170.720.83-0.620.21-0.140.44-0.77-0.760.960.03-0.61
0.7-0.730.570.570.83-0.430.84-0.180.56-0.82-0.520.540.80.31-0.24-0.580.80.310.530.1-0.770.94-0.570.430.82
0.83-0.710.670.680.85-0.540.84-0.060.66-0.83-0.620.670.910.47-0.19-0.470.910.420.680.24-0.760.94-0.540.480.92
-0.130.970.150.15-0.90.16-0.910.820.170.91-0.30.11-0.430.390.830.84-0.430.430.080.660.96-0.57-0.540.27-0.41
0.520.080.560.590.09-0.370.080.590.58-0.06-0.750.570.370.60.64-0.080.370.560.560.620.030.430.480.270.39
0.95-0.560.810.830.71-0.550.690.10.82-0.7-0.680.851.00.63-0.03-0.231.00.550.850.38-0.610.820.92-0.410.39
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LegalZoom Account Relationship Matchups

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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.