LegalZoom Common Stock vs Accounts Payable Analysis

LZ Stock  USD 8.41  0.06  0.71%   
LegalZoom financial indicator trend analysis is infinitely more than just investigating LegalZoom recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LegalZoom is a good investment. Please check the relationship between LegalZoom Common Stock and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LegalZoom. 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.
For more information on how to buy LegalZoom Stock please use our How to Invest in LegalZoom guide.

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LegalZoom Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LegalZoom's Common Stock and Accounts Payable is 0.93. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of LegalZoom, assuming nothing else is changed. The correlation between historical values of LegalZoom's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of LegalZoom are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., LegalZoom's Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents LegalZoom obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of LegalZoom are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from LegalZoom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LegalZoom 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 LegalZoom. 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.
For more information on how to buy LegalZoom Stock please use our How to Invest in LegalZoom guide.At this time, LegalZoom's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 38.37 in 2024, whereas Selling General Administrative is likely to drop slightly above 75 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense28.0M1.5M493K468.4K
Depreciation And Amortization17.9M27.0M28.1M19.5M

LegalZoom fundamental ratios Correlations

-0.30.450.950.5-0.620.480.390.94-0.48-0.850.930.940.86-0.070.010.940.770.960.63-0.360.520.77-0.130.530.95
-0.30.2-0.02-0.970.23-0.980.720.00.98-0.1-0.06-0.570.190.960.85-0.570.28-0.070.511.0-0.65-0.680.970.08-0.56
0.450.20.6-0.1-0.28-0.070.510.60.11-0.640.430.230.590.280.140.230.640.520.520.180.420.410.320.510.3
0.95-0.020.60.23-0.550.210.621.0-0.21-0.940.960.810.950.220.250.810.890.980.81-0.080.390.640.160.590.83
0.5-0.97-0.10.23-0.361.0-0.550.21-1.0-0.120.260.720.03-0.87-0.780.72-0.080.28-0.3-0.990.730.81-0.90.090.71
-0.620.23-0.28-0.55-0.36-0.34-0.33-0.540.320.56-0.39-0.51-0.610.070.01-0.51-0.64-0.64-0.40.28-0.38-0.520.15-0.37-0.55
0.48-0.98-0.070.211.0-0.34-0.570.19-1.0-0.10.240.70.01-0.88-0.80.7-0.090.25-0.32-0.990.750.81-0.90.080.69
0.390.720.510.62-0.55-0.33-0.570.630.58-0.730.540.080.80.870.730.080.820.60.930.68-0.16-0.060.830.590.1
0.940.00.61.00.21-0.540.190.63-0.19-0.950.950.790.950.240.280.790.910.970.83-0.060.370.630.180.580.82
-0.480.980.11-0.21-1.00.32-1.00.58-0.190.09-0.25-0.710.00.880.79-0.710.11-0.250.330.99-0.72-0.790.91-0.06-0.7
-0.85-0.1-0.64-0.94-0.120.56-0.1-0.73-0.950.09-0.87-0.65-0.95-0.36-0.29-0.65-0.93-0.91-0.89-0.04-0.42-0.62-0.31-0.75-0.68
0.93-0.060.430.960.26-0.390.240.540.95-0.25-0.870.850.880.170.20.850.770.930.75-0.120.350.590.120.570.85
0.94-0.570.230.810.72-0.510.70.080.79-0.71-0.650.850.64-0.36-0.241.00.510.820.36-0.610.580.82-0.420.371.0
0.860.190.590.950.03-0.610.010.80.950.0-0.950.880.640.420.40.640.960.960.910.120.260.480.350.650.67
-0.070.960.280.22-0.870.07-0.880.870.240.88-0.360.17-0.360.420.87-0.360.490.160.720.94-0.5-0.480.990.3-0.34
0.010.850.140.25-0.780.01-0.80.730.280.79-0.290.2-0.240.40.87-0.240.520.220.660.83-0.72-0.520.83-0.08-0.23
0.94-0.570.230.810.72-0.510.70.080.79-0.71-0.650.851.00.64-0.36-0.240.510.820.36-0.610.580.82-0.420.371.0
0.770.280.640.89-0.08-0.64-0.090.820.910.11-0.930.770.510.960.490.520.510.890.930.220.170.410.430.560.55
0.96-0.070.520.980.28-0.640.250.60.97-0.25-0.910.930.820.960.160.220.820.890.77-0.130.360.630.090.560.84
0.630.510.520.81-0.3-0.4-0.320.930.830.33-0.890.750.360.910.720.660.360.930.770.450.010.210.660.620.38
-0.361.00.18-0.08-0.990.28-0.990.68-0.060.99-0.04-0.12-0.610.120.940.83-0.610.22-0.130.45-0.67-0.720.960.05-0.6
0.52-0.650.420.390.73-0.380.75-0.160.37-0.72-0.420.350.580.26-0.5-0.720.580.170.360.01-0.670.9-0.480.630.6
0.77-0.680.410.640.81-0.520.81-0.060.63-0.79-0.620.590.820.48-0.48-0.520.820.410.630.21-0.720.9-0.50.530.84
-0.130.970.320.16-0.90.15-0.90.830.180.91-0.310.12-0.420.350.990.83-0.420.430.090.660.96-0.48-0.50.29-0.4
0.530.080.510.590.09-0.370.080.590.58-0.06-0.750.570.370.650.3-0.080.370.560.560.620.050.630.530.290.39
0.95-0.560.30.830.71-0.550.690.10.82-0.7-0.680.851.00.67-0.34-0.231.00.550.840.38-0.60.60.84-0.40.39
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LegalZoom Account Relationship Matchups

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Additional Tools for LegalZoom Stock Analysis

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