LZB Non Recurring vs Cost Of Revenue Analysis

LZB Stock  USD 48.02  1.48  3.18%   
La Z financial indicator trend analysis is infinitely more than just investigating La Z Boy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether La Z Boy is a good investment. Please check the relationship between La Z Non Recurring and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. 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.

Non Recurring vs Cost Of Revenue

Non Recurring vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of La Z Boy Non Recurring account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between La Z's Non Recurring and Cost Of Revenue is 0.61. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of La Z Boy Incorporated, assuming nothing else is changed. The correlation between historical values of La Z's Non Recurring and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of La Z Boy Incorporated are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Non Recurring i.e., La Z's Non Recurring and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Recurring

Cost Of Revenue

Cost of Revenue is found on La Z Boy income statement and represents the costs associated with goods and services La Z provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from La Z's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into La Z Boy 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 La Z Boy Incorporated. 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.
At present, La Z's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.78, whereas Selling General Administrative is forecasted to decline to about 397 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.0B881.7M1.0B1.1B
Total Revenue2.3B2.0B2.4B1.5B

La Z fundamental ratios Correlations

0.950.870.940.960.980.780.950.950.990.870.950.38-0.950.980.810.470.880.980.950.830.810.810.840.920.21
0.950.810.880.860.980.920.90.920.960.760.920.27-0.880.990.670.390.720.960.950.730.890.840.740.89-0.01
0.870.810.940.750.840.750.760.750.840.760.750.73-0.790.840.790.380.670.910.850.810.630.710.830.780.03
0.940.880.940.810.90.760.790.880.90.830.880.52-0.840.920.80.620.750.980.850.870.830.750.850.850.1
0.960.860.750.810.930.660.980.910.950.840.920.28-0.940.910.780.350.950.880.920.740.670.740.780.880.36
0.980.980.840.90.930.870.960.940.990.810.940.31-0.931.00.740.390.810.970.980.760.830.850.780.920.09
0.780.920.750.760.660.870.740.690.830.60.690.32-0.740.880.540.190.480.840.860.570.790.820.580.78-0.27
0.950.90.760.790.980.960.740.90.960.80.910.25-0.940.930.710.270.860.880.970.690.670.820.750.90.18
0.950.920.750.880.910.940.690.90.930.81.00.18-0.870.950.710.550.840.930.880.80.850.730.80.840.25
0.990.960.840.90.950.990.830.960.930.860.940.31-0.960.990.770.430.860.970.970.780.820.860.80.950.13
0.870.760.760.830.840.810.60.80.80.860.80.39-0.920.810.880.510.810.840.780.860.650.770.90.880.22
0.950.920.750.880.920.940.690.911.00.940.80.18-0.870.950.710.540.840.930.890.790.850.730.80.840.25
0.380.270.730.520.280.310.320.250.180.310.390.18-0.30.310.580.010.320.420.380.510.060.160.530.230.16
-0.95-0.88-0.79-0.84-0.94-0.93-0.74-0.94-0.87-0.96-0.92-0.87-0.3-0.92-0.83-0.39-0.87-0.9-0.92-0.78-0.71-0.86-0.82-0.95-0.14
0.980.990.840.920.911.00.880.930.950.990.810.950.31-0.920.730.430.790.980.960.780.870.840.790.910.07
0.810.670.790.80.780.740.540.710.710.770.880.710.58-0.830.730.470.80.780.730.950.540.610.950.710.33
0.470.390.380.620.350.390.190.270.550.430.510.540.01-0.390.430.470.410.540.220.640.670.340.510.450.14
0.880.720.670.750.950.810.480.860.840.860.810.840.32-0.870.790.80.410.790.780.740.580.560.740.770.59
0.980.960.910.980.880.970.840.880.930.970.840.930.42-0.90.980.780.540.790.930.840.870.810.840.90.09
0.950.950.850.850.920.980.860.970.880.970.780.890.38-0.920.960.730.220.780.930.720.720.840.770.890.07
0.830.730.810.870.740.760.570.690.80.780.860.790.51-0.780.780.950.640.740.840.720.690.60.970.70.28
0.810.890.630.830.670.830.790.670.850.820.650.850.06-0.710.870.540.670.580.870.720.690.70.620.76-0.02
0.810.840.710.750.740.850.820.820.730.860.770.730.16-0.860.840.610.340.560.810.840.60.70.670.94-0.32
0.840.740.830.850.780.780.580.750.80.80.90.80.53-0.820.790.950.510.740.840.770.970.620.670.750.21
0.920.890.780.850.880.920.780.90.840.950.880.840.23-0.950.910.710.450.770.90.890.70.760.940.75-0.02
0.21-0.010.030.10.360.09-0.270.180.250.130.220.250.16-0.140.070.330.140.590.090.070.28-0.02-0.320.21-0.02
Click cells to compare fundamentals

La Z Account Relationship Matchups

La Z fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B1.9B1.9B1.9B2.2B2.3B
Short Long Term Debt Total362.6M430.1M445.9M481.8M554.0M581.7M
Other Current Liab273.8M496.4M290.7M263.8M303.3M318.5M
Total Current Liabilities611.7M675.7M475.9M437.3M502.9M528.0M
Total Stockholder Equity773.5M810.7M941.8M1.0B1.2B1.2B
Property Plant And Equipment Net563.0M658.9M694.8M744.7M856.4M899.2M
Net Debt(28.6M)184.5M102.5M140.7M126.6M132.9M
Retained Earnings399.0M431.2M545.2M598.0M687.7M722.1M
Cash391.2M245.6M343.4M341.1M392.3M411.9M
Non Current Assets Total860.2M980.3M1.0B1.1B1.2B1.3B
Non Currrent Assets Other44.2M48.0M45.0M47.3M54.4M41.6M
Cash And Short Term Investments391.2M245.6M343.4M347.9M400.1M420.1M
Net Receivables139.3M322.8M170.5M174.7M157.3M160.7M
Common Stock Shares Outstanding46.4M44.3M43.2M43.3M39.0M42.0M
Liabilities And Stockholders Equity1.8B1.9B1.9B1.9B2.2B2.3B
Non Current Liabilities Total392.5M436.8M438.3M462.8M532.2M558.8M
Inventory226.1M303.2M276.3M263.2M302.7M170.3M
Other Current Assets169.5M62.9M54.8M50.9M58.6M35.7M
Other Stockholder Equity330.6M342.3M358.9M368.5M423.8M444.9M
Total Liab1.0B1.1B914.2M900.1M1.0B1.1B
Property Plant And Equipment Gross563.0M1.1B1.1B1.2B1.4B1.4B
Total Current Assets926.2M951.8M854.6M836.8M962.3M535.3M
Accumulated Other Comprehensive Income(1.5M)(5.8M)(5.5M)(5.9M)(6.8M)(7.1M)
Short Term Debt135.2M75.3M77.8M77.0M88.6M93.0M
Intangible Assets30.4M34.0M39.4M47.3M42.5M38.3M
Accounts Payable94.2M104.0M107.5M96.5M111.0M63.5M
Good Will175.8M194.6M205.0M214.5M246.6M259.0M
Common Stock Total Equity45.9M45.4M43.1M43.3M49.8M51.3M
Short Term Investments20.6M17.4M6.4M6.8M6.1M5.8M
Common Stock45.4M43.1M43.3M42.4M48.8M51.1M
Other Liab98.3M97.5M81.9M70.1M80.7M74.6M
Other Assets59.4M90.9M58.7M53.9M48.5M53.9M
Property Plant Equipment214.8M219.2M253.1M278.6M320.4M205.9M
Current Deferred Revenue289.2M322.2M150.7M35.5M40.8M68.7M
Net Tangible Assets781.2M862.3M937.0M1.1B1.2B691.5M
Noncontrolling Interest In Consolidated Entity15.6M8.6M8.9M10.3M11.8M11.2M
Retained Earnings Total Equity343.6M399.0M431.2M545.2M626.9M345.0M
Long Term Debt Total0.0473K350K225K202.5K192.4K
Capital Surpluse318.2M330.6M342.3M358.9M412.7M324.2M

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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.
When determining whether La Z Boy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La Z's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. 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.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of La Z. If investors know LZB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about La Z listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Earnings Share
2.9
Revenue Per Share
48.399
Quarterly Revenue Growth
0.029
Return On Assets
0.0521
The market value of La Z Boy is measured differently than its book value, which is the value of LZB that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because La Z's market value can be influenced by many factors that don't directly affect La Z's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between La Z's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Z is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.