The Drivers Module shows relationships between LGNA's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of LGNA over time as well as its relative position and ranking within its peers. Please see also Stocks Correlation.
LGNA Total Asset vs. Current Liabilities Fundamental Analysis
LGNA is currently regarded as number one stock in current liabilities category among related companies. It is currently regarded as number one stock in total asset category among related companies fabricating about 1.27 of Total Asset per Current Liabilities. Current Liabilities is company's short term debts. This usually includes obligations that are due within next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of a company property, and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
LGNA Total Asset Comparison
LGNA Fundamental Comparison