LZB Interest Coverage from 2010 to 2024

LZB Stock  USD 34.39  0.71  2.11%   
La Z's Interest Coverage is increasing over the years with slightly volatile fluctuation. Overall, Interest Coverage is expected to go to 242.56 this year. From 2010 to 2024 La Z Interest Coverage quarterly data regression line had arithmetic mean of  150.69 and r-squared of  0.51. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
231.0122905
Current Value
242.56
Quarterly Volatility
113.32023065
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check La Z financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LZB main balance sheet or income statement drivers, such as Depreciation And Amortization of 134.7 M, Interest Expense of 632.5 K or Total Revenue of 1.5 B, as well as many exotic indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0246 or PTB Ratio of 1.46. LZB financial statements analysis is a perfect complement when working with La Z Valuation or Volatility modules.
  
This module can also supplement La Z's financial leverage analysis and stock options assessment as well as various La Z Technical models . Check out the analysis of La Z Correlation against competitors.

Latest La Z's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of La Z Boy Incorporated over the last few years. It is La Z's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in La Z's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

LZB Interest Coverage Regression Statistics

Arithmetic Mean150.69
Geometric Mean116.93
Coefficient Of Variation75.20
Mean Deviation87.97
Median98.37
Standard Deviation113.32
Sample Variance12,841
Range380
R-Value0.71
Mean Square Error6,796
R-Squared0.51
Significance0
Slope18.07
Total Sum of Squares179,781

LZB Interest Coverage History

2024 242.56
2023 231.01
2021 394.48
2011 98.37
2010 14.11

About La Z Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include La Z income statement, its balance sheet, and the statement of cash flows. La Z investors use historical funamental indicators, such as La Z's Interest Coverage, to determine how well the company is positioned to perform in the future. Although La Z investors may use each financial statement separately, they are all related. The changes in La Z's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on La Z's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on La Z Financial Statements. Understanding these patterns can help to make the right decision on long term investment in La Z. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 231.01  242.56 

La Z Investors Sentiment

The influence of La Z's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in LZB. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to La Z's public news can be used to forecast risks associated with an investment in LZB. The trend in average sentiment can be used to explain how an investor holding LZB can time the market purely based on public headlines and social activities around La Z Boy Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
La Z's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for La Z's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average La Z's news discussions. The higher the estimated score, the more favorable is the investor's outlook on La Z.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards La Z in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, La Z's short interest history, or implied volatility extrapolated from La Z options trading.

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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 the analysis of La Z Correlation against competitors.
Note that the La Z Boy information on this page should be used as a complementary analysis to other La Z's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running La Z's price analysis, check to measure La Z'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 La Z is operating at the current time. Most of La Z's value examination focuses on studying past and present price action to predict the probability of La Z's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move La Z's price. Additionally, you may evaluate how the addition of La Z to your portfolios can decrease your overall portfolio volatility.
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Is La Z's 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 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
(0.10)
Dividend Share
0.745
Earnings Share
2.7
Revenue Per Share
47.71
Quarterly Revenue Growth
(0.13)
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.