LGI Historical Balance Sheet

LGIH Stock  USD 105.82  3.09  3.01%   
Trend analysis of LGI Homes balance sheet accounts such as Total Stockholder Equity of 1.9 B provides information on LGI Homes' total assets, liabilities, and equity, which is the actual value of LGI Homes to its prevalent stockholders. By breaking down trends over time using LGI Homes balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining LGI Homes latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether LGI Homes is a good buy for the upcoming year.

LGI Homes Inventory

3.26 Billion

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.

About LGI Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of LGI Homes at a specified time, usually calculated after every quarter, six months, or one year. LGI Homes Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of LGI Homes and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which LGI currently owns. An asset can also be divided into two categories, current and non-current.

LGI Homes Balance Sheet Chart

As of now, LGI Homes' Other Liabilities is increasing as compared to previous years. The LGI Homes' current Property Plant And Equipment Net is estimated to increase to about 47.8 M, while Other Current Liabilities is forecasted to increase to (15.4 M).

Total Assets

Total assets refers to the total amount of LGI Homes assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in LGI Homes books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on LGI Homes balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of LGI Homes are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from LGI Homes' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into LGI Homes current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 LGI Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.As of now, LGI Homes' Other Liabilities is increasing as compared to previous years. The LGI Homes' current Property Plant And Equipment Net is estimated to increase to about 47.8 M, while Other Current Liabilities is forecasted to increase to (15.4 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total806.7M1.3B1.4B1.4B
Total Assets2.4B3.1B3.4B3.6B

LGI Homes balance sheet Correlations

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LGI Homes Account Relationship Matchups

LGI Homes balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B2.4B3.1B3.4B3.6B
Short Long Term Debt Total986.6M835.1M806.7M1.3B1.4B1.4B
Other Current Liab(178.2M)(161.7M)136.6M(47.0M)(16.2M)(15.4M)
Total Current Liabilities130.4M148.7M150.8M365.4M31.6M30.0M
Total Stockholder Equity845.2M1.1B1.4B1.6B1.9B1.9B
Other Liab51.8M58.7M79.5M253.4M291.4M305.9M
Property Plant And Equipment Net1.6M3.6M16.9M33.0M45.5M47.8M
Net Debt652.2M502.5M754.7M1.2B1.3B1.4B
Accounts Payable12.5M13.7M14.2M25.3M31.6M16.0M
Cash38.3M35.9M50.5M32.0M49.0M42.7M
Non Current Assets Total71.8M104.7M157.5M169.4M209.9M220.4M
Non Currrent Assets Other16.2M44.9M81.7M107.0M113.8M119.5M
Other Assets45.0M101.1M134.4M100.0M115.0M120.7M
Long Term Debt690.6M538.4M805.2M1.1B1.2B1.3B
Cash And Short Term Investments38.3M35.9M50.5M32.0M49.0M42.7M
Net Receivables56.4M115.9M57.9M25.1M41.3M36.8M
Common Stock Shares Outstanding25.4M25.4M24.9M23.7M23.6M23.1M
Liabilities And Stockholders Equity1.7B1.8B2.4B3.1B3.4B3.6B
Non Current Liabilities Total690.6M538.4M805.2M1.1B1.5B1.6B
Inventory1.5B1.6B2.1B2.9B3.1B3.3B
Other Stockholder Equity234.5M204.5M31.7M(48.3M)(34.0M)(32.3M)
Total Liab820.9M687.1M956.0M1.5B1.6B1.6B
Property Plant And Equipment Gross1.6M3.6M18.8M36.4M51.3M53.9M
Total Current Assets1.6B1.7B2.2B3.0B3.2B3.4B
Property Plant Equipment1.6M3.6M16.9M33.0M37.9M39.8M
Net Tangible Assets833.2M1.1B1.4B1.6B1.9B2.0B
Retained Earnings610.4M934.3M1.4B1.7B1.9B2.0B
Common Stock Total Equity264K267K269K272K312.8K262.7K
Retained Earnings Total Equity610.4M934.3M1.4B1.7B1.9B2.0B
Long Term Debt Total690.6M538.4M805.2M1.1B1.3B1.3B
Capital Surpluse252.6M270.6M291.6M306.7M352.7M252.7M
Deferred Long Term Liab2.1M37.2M40.7M2.6M3.0M2.9M
Short Term Debt296.0M296.7M1.4M141.8M1.5M1.5M

Currently Active Assets on Macroaxis

When determining whether LGI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LGI Homes' 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 Lgi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lgi Homes Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 LGI Homes. If investors know LGI 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 LGI Homes 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
0.039
Earnings Share
8.36
Revenue Per Share
95.936
Quarterly Revenue Growth
0.056
Return On Assets
0.0402
The market value of LGI Homes is measured differently than its book value, which is the value of LGI that is recorded on the company's balance sheet. Investors also form their own opinion of LGI Homes' value that differs from its market value or its book value, called intrinsic value, which is LGI Homes' 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 LGI Homes' market value can be influenced by many factors that don't directly affect LGI Homes' 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 LGI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if LGI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGI Homes' 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.