LZB Price To Sales Ratio vs Income Quality Analysis

LZB Stock

USD 45.77 2.08 4.76%

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 Price To Sales Ratio and its Income Quality 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.

Price To Sales Ratio vs Income Quality

Price To Sales Ratio vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of La Z Boy Price To Sales Ratio account and Income Quality. At this time, the significance of the direction appears to have totally related.

The correlation between La Z's Price To Sales Ratio and Income Quality is 1.0. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Income Quality 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 Price To Sales Ratio and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of La Z Boy Incorporated are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Price To Sales Ratio i.e., La Z's Price To Sales Ratio and Income Quality go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing La Z Boy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on La Z sales, a figure that is much harder to manipulate than other La Z Boy Incorporated multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

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 Tax Provision is expected to grow to about 46.2 M, whereas Selling General Administrative is forecasted to decline to about 397 M.

	2021	2022	2023	2024 (projected)
Gross Profit	916.0M	1.0B	881.7M	473.8M
Total Revenue	2.4B	2.3B	2.0B	1.5B

Gross Profit Total Revenue

La Z fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Common Stock Total Equity
Total Assets		0.93	0.86	0.94	0.81	0.97	0.77	0.85	0.94	0.99	0.87	0.94	0.44	-0.94	0.97	0.82	0.54	0.64	0.98	0.94	0.85	0.8	0.79	0.86	0.9	0.24
Short Long Term Debt Total	0.93		0.78	0.87	0.66	0.98	0.92	0.77	0.9	0.95	0.72	0.9	0.31	-0.86	0.99	0.64	0.43	0.42	0.95	0.94	0.72	0.89	0.83	0.72	0.86	0.0
Other Current Liab	0.86	0.78		0.93	0.65	0.82	0.72	0.71	0.71	0.82	0.75	0.71	0.78	-0.77	0.83	0.81	0.4	0.49	0.9	0.84	0.82	0.6	0.67	0.84	0.74	0.03
Total Current Liabilities	0.94	0.87	0.93		0.74	0.89	0.73	0.77	0.87	0.9	0.83	0.87	0.56	-0.83	0.91	0.82	0.66	0.59	0.98	0.84	0.9	0.82	0.72	0.87	0.83	0.1
Total Stockholder Equity	0.81	0.66	0.65	0.74		0.73	0.47	0.95	0.74	0.78	0.84	0.74	0.39	-0.78	0.72	0.94	0.55	0.93	0.75	0.69	0.9	0.58	0.61	0.9	0.72	0.37
Property Plant And Equipment Net	0.97	0.98	0.82	0.89	0.73		0.87	0.82	0.92	0.99	0.79	0.92	0.36	-0.92	0.99	0.73	0.44	0.51	0.96	0.97	0.76	0.83	0.83	0.78	0.89	0.11
Net Debt	0.77	0.92	0.72	0.73	0.47	0.87		0.63	0.66	0.82	0.54	0.66	0.33	-0.73	0.88	0.48	0.18	0.2	0.82	0.87	0.51	0.77	0.8	0.52	0.76	-0.25
Retained Earnings	0.85	0.77	0.71	0.77	0.95	0.82	0.63		0.78	0.85	0.82	0.78	0.37	-0.83	0.81	0.88	0.46	0.78	0.81	0.81	0.86	0.63	0.77	0.9	0.8	0.16
Cash	0.94	0.9	0.71	0.87	0.74	0.92	0.66	0.78		0.92	0.78	1.0	0.22	-0.84	0.93	0.7	0.62	0.58	0.92	0.85	0.81	0.85	0.69	0.8	0.8	0.28
Non Current Assets Total	0.99	0.95	0.82	0.9	0.78	0.99	0.82	0.85	0.92		0.85	0.92	0.36	-0.96	0.98	0.77	0.49	0.58	0.96	0.95	0.79	0.81	0.85	0.8	0.94	0.15
Non Currrent Assets Other	0.87	0.72	0.75	0.83	0.84	0.79	0.54	0.82	0.78	0.85		0.78	0.44	-0.9	0.8	0.85	0.55	0.73	0.83	0.75	0.83	0.63	0.74	0.87	0.88	0.25
Cash And Short Term Investments	0.94	0.9	0.71	0.87	0.74	0.92	0.66	0.78	1.0	0.92	0.78		0.22	-0.84	0.93	0.7	0.61	0.58	0.92	0.85	0.81	0.85	0.7	0.8	0.8	0.28
Net Receivables	0.44	0.31	0.78	0.56	0.39	0.36	0.33	0.37	0.22	0.36	0.44	0.22		-0.35	0.36	0.65	0.01	0.38	0.47	0.46	0.57	0.07	0.18	0.59	0.27	0.18
Common Stock Shares Outstanding	-0.94	-0.86	-0.77	-0.83	-0.78	-0.92	-0.73	-0.83	-0.84	-0.96	-0.9	-0.84	-0.35		-0.9	-0.78	-0.43	-0.61	-0.89	-0.9	-0.73	-0.69	-0.86	-0.78	-0.95	-0.17
Non Current Liabilities Total	0.97	0.99	0.83	0.91	0.72	0.99	0.88	0.81	0.93	0.98	0.8	0.93	0.36	-0.9		0.72	0.48	0.5	0.98	0.95	0.78	0.87	0.82	0.78	0.89	0.09
Inventory	0.82	0.64	0.81	0.82	0.94	0.73	0.48	0.88	0.7	0.77	0.85	0.7	0.65	-0.78	0.72		0.5	0.9	0.79	0.71	0.94	0.52	0.55	0.94	0.69	0.37
Other Current Assets	0.54	0.43	0.4	0.66	0.55	0.44	0.18	0.46	0.62	0.49	0.55	0.61	0.01	-0.43	0.48	0.5		0.56	0.59	0.25	0.68	0.7	0.35	0.55	0.5	0.13
Other Stockholder Equity	0.64	0.42	0.49	0.59	0.93	0.51	0.2	0.78	0.58	0.58	0.73	0.58	0.38	-0.61	0.5	0.9	0.56		0.56	0.44	0.84	0.42	0.32	0.79	0.5	0.58
Total Liab	0.98	0.95	0.9	0.98	0.75	0.96	0.82	0.81	0.92	0.96	0.83	0.92	0.47	-0.89	0.98	0.79	0.59	0.56		0.91	0.86	0.86	0.79	0.85	0.88	0.1
Property Plant And Equipment Gross	0.94	0.94	0.84	0.84	0.69	0.97	0.87	0.81	0.85	0.95	0.75	0.85	0.46	-0.9	0.95	0.71	0.25	0.44	0.91		0.7	0.7	0.83	0.76	0.86	0.09
Total Current Assets	0.85	0.72	0.82	0.9	0.9	0.76	0.51	0.86	0.81	0.79	0.83	0.81	0.57	-0.73	0.78	0.94	0.68	0.84	0.86	0.7		0.69	0.54	0.96	0.68	0.32
Short Term Debt	0.8	0.89	0.6	0.82	0.58	0.83	0.77	0.63	0.85	0.81	0.63	0.85	0.07	-0.69	0.87	0.52	0.7	0.42	0.86	0.7	0.69		0.67	0.6	0.74	-0.02
Intangible Assets	0.79	0.83	0.67	0.72	0.61	0.83	0.8	0.77	0.69	0.85	0.74	0.7	0.18	-0.86	0.82	0.55	0.35	0.32	0.79	0.83	0.54	0.67		0.62	0.94	-0.29
Accounts Payable	0.86	0.72	0.84	0.87	0.9	0.78	0.52	0.9	0.8	0.8	0.87	0.8	0.59	-0.78	0.78	0.94	0.55	0.79	0.85	0.76	0.96	0.6	0.62		0.73	0.25
Good Will	0.9	0.86	0.74	0.83	0.72	0.89	0.76	0.8	0.8	0.94	0.88	0.8	0.27	-0.95	0.89	0.69	0.5	0.5	0.88	0.86	0.68	0.74	0.94	0.73		-0.03
Common Stock Total Equity	0.24	0.0	0.03	0.1	0.37	0.11	-0.25	0.16	0.28	0.15	0.25	0.28	0.18	-0.17	0.09	0.37	0.13	0.58	0.1	0.09	0.32	-0.02	-0.29	0.25	-0.03

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La Z Account Relationship Matchups

La Z fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.8B	1.9B	1.9B	1.9B	2.0B
Short Long Term Debt Total	409.5M	362.6M	430.1M	445.9M	481.8M	505.8M
Other Current Liab	97.5M	273.8M	496.4M	290.7M	263.8M	277.0M
Total Current Liabilities	350.2M	611.7M	675.7M	475.9M	437.3M	459.1M
Total Stockholder Equity	700.8M	773.5M	810.7M	941.8M	1.0B	524.1M
Property Plant And Equipment Net	533.4M	563.0M	658.9M	694.8M	744.7M	781.9M
Net Debt	148.0M	(28.6M)	184.5M	102.5M	140.7M	147.7M
Retained Earnings	343.6M	399.0M	431.2M	545.2M	598.0M	304.0M
Cash	261.6M	391.2M	245.6M	343.4M	341.1M	358.2M
Non Current Assets Total	808.6M	860.2M	980.3M	1.0B	1.1B	1.1B
Non Currrent Assets Other	38.6M	44.2M	48.0M	45.0M	47.3M	41.6M
Cash And Short Term Investments	261.6M	391.2M	245.6M	343.4M	347.9M	365.3M
Net Receivables	99.4M	139.3M	322.8M	170.5M	174.7M	160.7M
Common Stock Shares Outstanding	46.7M	46.4M	44.3M	43.2M	43.3M	42.0M
Liabilities And Stockholders Equity	1.4B	1.8B	1.9B	1.9B	1.9B	2.0B
Non Current Liabilities Total	368.4M	392.5M	436.8M	438.3M	462.8M	485.9M
Inventory	181.6M	226.1M	303.2M	276.3M	263.2M	170.3M
Other Current Assets	81.8M	169.5M	62.9M	54.8M	50.9M	35.7M
Other Stockholder Equity	318.2M	330.6M	342.3M	358.9M	368.5M	208.5M
Total Liab	718.6M	1.0B	1.1B	914.2M	900.1M	945.1M
Property Plant And Equipment Gross	533.4M	563.0M	1.1B	1.1B	1.2B	1.2B
Total Current Assets	626.3M	926.2M	951.8M	854.6M	836.8M	535.3M
Accumulated Other Comprehensive Income	(7.0M)	(1.5M)	(5.8M)	(5.5M)	(5.9M)	(6.2M)
Short Term Debt	139.4M	135.2M	75.3M	77.8M	77.0M	80.9M
Intangible Assets	28.7M	30.4M	34.0M	39.4M	47.3M	38.3M
Accounts Payable	55.5M	94.2M	104.0M	107.5M	96.5M	63.5M
Good Will	161.0M	175.8M	194.6M	205.0M	214.5M	225.2M
Common Stock Total Equity	45.9M	45.4M	43.1M	43.3M	49.8M	51.3M
Short Term Investments	22.0M	20.6M	17.4M	6.4M	6.8M	12.6M
Common Stock	45.9M	45.4M	43.1M	43.3M	42.4M	51.1M
Other Liab	98.3M	97.5M	81.9M	70.1M	80.7M	74.6M
Other Assets	59.4M	90.9M	58.7M	53.9M	48.5M	53.9M
Property Plant Equipment	214.8M	219.2M	253.1M	278.6M	320.4M	205.9M
Current Deferred Revenue	57.8M	289.2M	322.2M	150.7M	35.5M	68.7M
Net Tangible Assets	781.2M	862.3M	937.0M	1.1B	1.2B	691.5M
Noncontrolling Interest In Consolidated Entity	15.6M	8.6M	8.9M	10.3M	11.8M	11.2M
Retained Earnings Total Equity	343.6M	399.0M	431.2M	545.2M	626.9M	345.0M
Long Term Debt Total	0.0	473K	350K	225K	202.5K	192.4K
Capital Surpluse	318.2M	330.6M	342.3M	358.9M	412.7M	324.2M

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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:

How To Invest In LZB

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Is LZB Stock a good investment?

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What is La Z's Net Worth?

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Largest Household Durables Companies

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Largest Furnishings, Fixtures & Appliances Companies

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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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.

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LZB Price To Sales Ratio vs Income Quality Analysis

Price To Sales Ratio vs Income Quality

Price To Sales Ratio vs Income Quality Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Income Quality

La Z fundamental ratios Correlations

La Z Account Relationship Matchups

High Positive Relationship

High Negative Relationship

La Z fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.98	Total Assets

Common Stock Shares Outstanding	- 0.96	Non Current Assets Total
Good Will	- 0.95	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.94	Total Assets
Common Stock Shares Outstanding	- 0.92	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.9	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.9	Common Stock Shares Outstanding