Leggett Platt Total Debt vs. EBITDA
| 0JTT Stock | 11.49 0.20 1.71% |
For Leggett Platt profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Leggett Platt to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Leggett Platt utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Leggett Platt's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Leggett Platt over time as well as its relative position and ranking within its peers.
Leggett |
Leggett Platt EBITDA vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Leggett Platt's current stock value. Our valuation model uses many indicators to compare Leggett Platt value to that of its competitors to determine the firm's financial worth. Leggett Platt is rated fifth in total debt category among its peers. It is number one stock in ebitda category among its peers totaling about 0.04 of EBITDA per Total Debt. The ratio of Total Debt to EBITDA for Leggett Platt is roughly 23.56 . At this time, Leggett Platt's EBITDA is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Leggett Platt's earnings, one of the primary drivers of an investment's value.Leggett Total Debt vs. Competition
Leggett Platt is rated fifth in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 7.89 Billion. Leggett Platt totals roughly 2.2 Billion in total debt claiming about 28% of equities under Industrials industry.
Leggett EBITDA vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Leggett Platt |
| = | 2.2 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Leggett Platt |
| = | 93.2 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Leggett EBITDA Comparison
Leggett Platt is currently under evaluation in ebitda category among its peers.
Leggett Platt Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Leggett Platt, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Leggett Platt will eventually generate negative long term returns. The profitability progress is the general direction of Leggett Platt's change in net profit over the period of time. It can combine multiple indicators of Leggett Platt, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -43.7 M | -41.5 M | |
| Operating Income | 320.6 M | 345.1 M | |
| Income Before Tax | -173.4 M | -164.7 M | |
| Total Other Income Expense Net | -494 M | -469.3 M | |
| Net Loss | -136.8 M | -130 M | |
| Income Tax Expense | -36.6 M | -34.8 M | |
| Interest Income | 91.5 M | 63 M | |
| Net Income Applicable To Common Shares | 278.8 M | 258.7 M | |
| Change To Netincome | 26.8 M | 45.3 M |
Leggett Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Leggett Platt. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Leggett Platt position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Leggett Platt's important profitability drivers and their relationship over time.
Use Leggett Platt in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Leggett Platt position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Leggett Platt will appreciate offsetting losses from the drop in the long position's value.Leggett Platt Pair Trading
Leggett Platt Pair Trading Analysis
The ability to find closely correlated positions to Leggett Platt could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Leggett Platt when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Leggett Platt - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Leggett Platt to buy it.
The correlation of Leggett Platt is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Leggett Platt moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Leggett Platt moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Leggett Platt can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Leggett Platt position
In addition to having Leggett Platt in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Agriculture
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Agriculture Theme or any other thematic opportunities.
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Additional Tools for Leggett Stock Analysis
When running Leggett Platt's price analysis, check to measure Leggett Platt'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 Leggett Platt is operating at the current time. Most of Leggett Platt's value examination focuses on studying past and present price action to predict the probability of Leggett Platt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leggett Platt's price. Additionally, you may evaluate how the addition of Leggett Platt to your portfolios can decrease your overall portfolio volatility.