LGI Other Assets vs Property Plant And Equipment Net Analysis

LGIH Stock

USD 96.00 0.50 0.52%

LGI Homes financial indicator trend analysis is infinitely more than just investigating LGI Homes recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LGI Homes is a good investment. Please check the relationship between LGI Homes Other Assets and its Property Plant And Equipment Net accounts. 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 tightly coupled 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.

Other Assets vs Property Plant And Equipment Net

Other Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LGI Homes Other Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.

The correlation between LGI Homes' Other Assets and Property Plant And Equipment Net is 0.77. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of LGI Homes, assuming nothing else is changed. The correlation between historical values of LGI Homes' Other Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of LGI Homes are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Assets i.e., LGI Homes' Other Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Assets

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from LGI Homes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 LGI Homes. Also, note that the market value of any company could be tightly coupled 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' Tax Provision is increasing as compared to previous years. The LGI Homes' current Sales General And Administrative To Revenue is estimated to increase to 0.06, while Selling General Administrative is projected to decrease to under 63.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	818.0M	646.6M	542.2M	365.1M
Total Revenue	3.1B	2.3B	2.4B	1.4B

Gross Profit Total Revenue

LGI Homes fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	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	Property Plant Equipment
Total Assets		0.99	0.38	0.84	0.99	0.93	0.89	-0.59	0.99	0.68	0.42	0.99	0.95	0.93	0.99	0.42	0.52	0.63	0.99	1.0	0.71	-0.38	0.99	0.89	1.0	0.9
Short Long Term Debt Total	0.99		0.43	0.83	0.97	0.93	0.89	-0.62	1.0	0.69	0.43	0.96	0.93	0.87	1.0	0.43	0.44	0.63	1.0	0.99	0.68	-0.36	1.0	0.89	0.99	0.9
Other Current Liab	0.38	0.43		0.4	0.35	0.47	0.53	-0.17	0.43	0.37	0.27	0.42	0.52	0.3	0.41	0.27	-0.32	0.11	0.41	0.39	0.25	-0.52	0.42	0.53	0.38	0.56
Total Current Liabilities	0.84	0.83	0.4		0.82	0.76	0.68	-0.58	0.83	0.73	0.35	0.78	0.79	0.76	0.82	0.35	0.46	0.6	0.81	0.84	0.72	-0.3	0.84	0.67	0.84	0.73
Total Stockholder Equity	0.99	0.97	0.35	0.82		0.92	0.89	-0.55	0.97	0.65	0.4	0.99	0.96	0.96	0.97	0.4	0.56	0.61	0.97	0.99	0.71	-0.4	0.97	0.89	0.99	0.9
Other Liab	0.93	0.93	0.47	0.76	0.92		0.98	-0.36	0.94	0.65	0.23	0.93	0.95	0.79	0.91	0.23	0.24	0.38	0.92	0.93	0.46	-0.61	0.93	0.98	0.93	0.98
Property Plant And Equipment Net	0.89	0.89	0.53	0.68	0.89	0.98		-0.3	0.9	0.64	0.21	0.92	0.96	0.77	0.87	0.21	0.16	0.32	0.89	0.9	0.39	-0.68	0.89	1.0	0.89	1.0
Current Deferred Revenue	-0.59	-0.62	-0.17	-0.58	-0.55	-0.36	-0.3		-0.61	-0.58	-0.57	-0.52	-0.46	-0.53	-0.65	-0.57	-0.59	-0.82	-0.64	-0.58	-0.66	-0.3	-0.63	-0.29	-0.59	-0.31
Net Debt	0.99	1.0	0.43	0.83	0.97	0.94	0.9	-0.61		0.68	0.4	0.97	0.93	0.87	1.0	0.4	0.43	0.61	1.0	0.99	0.67	-0.38	1.0	0.9	0.99	0.91
Accounts Payable	0.68	0.69	0.37	0.73	0.65	0.65	0.64	-0.58	0.68		0.53	0.66	0.69	0.53	0.68	0.53	0.25	0.67	0.68	0.68	0.4	-0.15	0.7	0.64	0.68	0.65
Cash	0.42	0.43	0.27	0.35	0.4	0.23	0.21	-0.57	0.4	0.53		0.38	0.28	0.37	0.47	1.0	0.41	0.85	0.46	0.4	0.57	0.43	0.44	0.21	0.42	0.21
Non Current Assets Total	0.99	0.96	0.42	0.78	0.99	0.93	0.92	-0.52	0.97	0.66	0.38		0.97	0.95	0.96	0.38	0.48	0.57	0.97	0.99	0.68	-0.46	0.97	0.92	0.98	0.93
Non Currrent Assets Other	0.95	0.93	0.52	0.79	0.96	0.95	0.96	-0.46	0.93	0.69	0.28	0.97		0.9	0.92	0.28	0.35	0.47	0.92	0.95	0.56	-0.6	0.93	0.95	0.95	0.97
Other Assets	0.93	0.87	0.3	0.76	0.96	0.79	0.77	-0.53	0.87	0.53	0.37	0.95	0.9		0.88	0.37	0.67	0.59	0.88	0.92	0.79	-0.36	0.88	0.77	0.93	0.79
Long Term Debt	0.99	1.0	0.41	0.82	0.97	0.91	0.87	-0.65	1.0	0.68	0.47	0.96	0.92	0.88		0.47	0.48	0.67	1.0	0.99	0.71	-0.32	1.0	0.87	0.99	0.88
Cash And Short Term Investments	0.42	0.43	0.27	0.35	0.4	0.23	0.21	-0.57	0.4	0.53	1.0	0.38	0.28	0.37	0.47		0.41	0.85	0.46	0.4	0.57	0.43	0.44	0.21	0.42	0.21
Net Receivables	0.52	0.44	-0.32	0.46	0.56	0.24	0.16	-0.59	0.43	0.25	0.41	0.48	0.35	0.67	0.48	0.41		0.65	0.47	0.5	0.69	0.32	0.47	0.15	0.52	0.16
Common Stock Shares Outstanding	0.63	0.63	0.11	0.6	0.61	0.38	0.32	-0.82	0.61	0.67	0.85	0.57	0.47	0.59	0.67	0.85	0.65		0.65	0.62	0.73	0.4	0.65	0.32	0.63	0.34
Non Current Liabilities Total	0.99	1.0	0.41	0.81	0.97	0.92	0.89	-0.64	1.0	0.68	0.46	0.97	0.92	0.88	1.0	0.46	0.47	0.65		0.99	0.69	-0.33	1.0	0.88	0.99	0.89
Inventory	1.0	0.99	0.39	0.84	0.99	0.93	0.9	-0.58	0.99	0.68	0.4	0.99	0.95	0.92	0.99	0.4	0.5	0.62	0.99		0.7	-0.4	0.99	0.9	1.0	0.91
Other Current Assets	0.71	0.68	0.25	0.72	0.71	0.46	0.39	-0.66	0.67	0.4	0.57	0.68	0.56	0.79	0.71	0.57	0.69	0.73	0.69	0.7		0.05	0.7	0.39	0.71	0.43
Other Stockholder Equity	-0.38	-0.36	-0.52	-0.3	-0.4	-0.61	-0.68	-0.3	-0.38	-0.15	0.43	-0.46	-0.6	-0.36	-0.32	0.43	0.32	0.4	-0.33	-0.4	0.05		-0.35	-0.68	-0.38	-0.69
Total Liab	0.99	1.0	0.42	0.84	0.97	0.93	0.89	-0.63	1.0	0.7	0.44	0.97	0.93	0.88	1.0	0.44	0.47	0.65	1.0	0.99	0.7	-0.35		0.88	0.99	0.9
Property Plant And Equipment Gross	0.89	0.89	0.53	0.67	0.89	0.98	1.0	-0.29	0.9	0.64	0.21	0.92	0.95	0.77	0.87	0.21	0.15	0.32	0.88	0.9	0.39	-0.68	0.88		0.89	0.99
Total Current Assets	1.0	0.99	0.38	0.84	0.99	0.93	0.89	-0.59	0.99	0.68	0.42	0.98	0.95	0.93	0.99	0.42	0.52	0.63	0.99	1.0	0.71	-0.38	0.99	0.89		0.9
Property Plant Equipment	0.9	0.9	0.56	0.73	0.9	0.98	1.0	-0.31	0.91	0.65	0.21	0.93	0.97	0.79	0.88	0.21	0.16	0.34	0.89	0.91	0.43	-0.69	0.9	0.99	0.9

Click cells to compare fundamentals

LGI Homes Account Relationship Matchups

LGI Homes fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	1.8B	2.4B	3.1B	3.4B	3.6B
Short Long Term Debt Total	690.6M	538.4M	805.2M	1.3B	1.4B	1.4B
Other Current Liab	(178.2M)	(161.7M)	136.6M	198.3M	99.4M	104.4M
Total Current Liabilities	130.4M	148.7M	150.8M	365.4M	235.5M	120.1M
Total Stockholder Equity	845.2M	1.1B	1.4B	1.6B	1.9B	1.9B
Other Liab	51.8M	58.7M	79.5M	253.4M	291.4M	305.9M
Property Plant And Equipment Net	1.6M	3.6M	16.9M	33.0M	45.5M	47.8M
Net Debt	652.2M	502.5M	754.7M	1.2B	1.3B	1.4B
Accounts Payable	12.5M	13.7M	14.2M	25.3M	31.6M	16.0M
Cash	38.3M	35.9M	50.5M	32.0M	49.0M	42.7M
Non Current Assets Total	71.8M	104.7M	157.5M	169.4M	209.9M	220.4M
Non Currrent Assets Other	16.2M	44.9M	81.7M	107.0M	113.8M	119.5M
Other Assets	45.0M	101.1M	134.4M	100.0M	115.0M	120.7M
Long Term Debt	690.6M	538.4M	805.2M	1.1B	1.2B	1.3B
Cash And Short Term Investments	38.3M	35.9M	50.5M	32.0M	49.0M	42.7M
Net Receivables	56.4M	115.9M	57.9M	25.1M	41.3M	36.8M
Common Stock Shares Outstanding	25.4M	25.4M	24.9M	23.7M	23.6M	23.1M
Liabilities And Stockholders Equity	1.7B	1.8B	2.4B	3.1B	3.4B	3.6B
Non Current Liabilities Total	690.6M	538.4M	805.2M	1.1B	1.3B	1.4B
Inventory	1.5B	1.6B	2.1B	2.9B	3.1B	3.3B
Other Stockholder Equity	234.5M	204.5M	31.7M	(48.3M)	(34.0M)	(32.3M)
Total Liab	820.9M	687.1M	956.0M	1.5B	1.6B	1.6B
Property Plant And Equipment Gross	1.6M	3.6M	18.8M	36.4M	51.3M	53.9M
Total Current Assets	1.6B	1.7B	2.2B	3.0B	3.2B	3.4B
Property Plant Equipment	1.6M	3.6M	16.9M	33.0M	37.9M	39.8M
Net Tangible Assets	833.2M	1.1B	1.4B	1.6B	1.9B	2.0B
Retained Earnings	610.4M	934.3M	1.4B	1.7B	1.9B	2.0B
Common Stock Total Equity	264K	267K	269K	272K	312.8K	262.7K
Retained Earnings Total Equity	610.4M	934.3M	1.4B	1.7B	1.9B	2.0B
Long Term Debt Total	690.6M	538.4M	805.2M	1.1B	1.3B	1.3B
Capital Surpluse	252.6M	270.6M	291.6M	306.7M	352.7M	252.7M
Deferred Long Term Liab	2.1M	37.2M	40.7M	2.6M	3.0M	2.9M
Short Term Debt	296.0M	296.7M	1.4M	141.8M	104.5M	167.9M

Currently Active Assets on Macroaxis

V	Visa Class A
BAC	Bank of America
GM	General Motors
GOOG	Alphabet Inc Class C
CRM	Salesforce

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:

How To Invest In LGI

Details

Is LGI Stock a good investment?

Details

What is LGI Homes' Net Worth?

Details

Largest Household Durables Companies

View

Largest Consumer Durables & Apparel Companies

View

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 tightly coupled 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for LGI Stock analysis

When running LGI Homes' price analysis, check to measure LGI Homes' 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 LGI Homes is operating at the current time. Most of LGI Homes' value examination focuses on studying past and present price action to predict the probability of LGI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LGI Homes' price. Additionally, you may evaluate how the addition of LGI Homes to your portfolios can decrease your overall portfolio volatility.

	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Content Syndication Quickly integrate customizable finance content to your own investment portal

Is LGI Homes' industry 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

(0.37)

Earnings Share

Revenue Per Share

96.028

Quarterly Revenue Growth

(0.20)

Return On Assets

0.0436

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

LGI Other Assets vs Property Plant And Equipment Net Analysis

Other Assets vs Property Plant And Equipment Net

Other Assets vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Other Assets

Property Plant And Equipment Net

LGI Homes fundamental ratios Correlations

LGI Homes Account Relationship Matchups

High Positive Relationship

High Negative Relationship

LGI Homes fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for LGI Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.82	Current Deferred Revenue
Property Plant Equipment	- 0.69	Other Stockholder Equity
Property Plant And Equipment Gross	- 0.68	Other Stockholder Equity
Other Stockholder Equity	- 0.68	Property Plant And Equipment Net
Other Current Assets	- 0.66	Current Deferred Revenue
Long Term Debt	- 0.65	Current Deferred Revenue