LZB Total Liab vs Common Stock Total Equity Analysis
LZB Stock | USD 43.69 0.29 0.67% |
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 Total Liab and its Common Stock Total Equity 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.
Total Liab vs Common Stock Total Equity
Total Liab vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of La Z Boy Total Liab account and Common Stock Total Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between La Z's Total Liab and Common Stock Total Equity is 0.1. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock Total Equity 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 Total Liab and Common Stock Total Equity 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 Liab of La Z Boy Incorporated are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Liab i.e., La Z's Total Liab and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.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 |
La Z fundamental ratios Correlations
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La Z Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.