Lazard Intangible Assets vs Other Assets Analysis
LAZ Stock | USD 39.40 0.41 1.05% |
Lazard financial indicator trend analysis is infinitely more than just investigating Lazard recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lazard is a good investment. Please check the relationship between Lazard Intangible Assets and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lazard. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Lazard Stock please use our How to Invest in Lazard guide.
Intangible Assets vs Other Assets
Intangible Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lazard Intangible Assets account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lazard's Intangible Assets and Other Assets is -0.22. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Lazard, assuming nothing else is changed. The correlation between historical values of Lazard's Intangible Assets and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Lazard are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Intangible Assets i.e., Lazard's Intangible Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Other Assets
Most indicators from Lazard's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lazard 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 Lazard. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Lazard Stock please use our How to Invest in Lazard guide.Selling General Administrative is likely to rise to about 415.6 M in 2024, despite the fact that Tax Provision is likely to grow to (6.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.1B | 2.5B | 2.6B | Total Revenue | 3.3B | 2.9B | 2.6B | 2.3B |
Lazard fundamental ratios Correlations
Click cells to compare fundamentals
Lazard Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lazard fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.7B | 6.0B | 7.1B | 5.9B | 4.6B | 4.4B | |
Total Stockholder Equity | 610.0M | 911.8M | 975.2M | 556.5M | 423.8M | 631.2M | |
Common Stock Shares Outstanding | 116.1M | 113.5M | 113.7M | 101.0M | 89.0M | 103.7M | |
Liabilities And Stockholders Equity | 5.7B | 6.0B | 7.1B | 5.9B | 4.6B | 4.4B | |
Other Assets | 924.9M | 4.2B | 4.6B | 1.0B | 2.0B | 1.6B | |
Other Stockholder Equity | (291.1M) | (146.4M) | (362.7M) | (825.5M) | (690.1M) | (655.6M) | |
Total Liab | 5.0B | 5.0B | 5.5B | 4.6B | 4.1B | 3.6B | |
Other Current Liab | (98.0M) | (90.7M) | (130.7M) | (137.3M) | (140.4M) | (133.4M) | |
Other Liab | 1.7B | 1.9B | 2.3B | 1.3B | 1.5B | 1.2B | |
Accounts Payable | 8.8M | (1.2M) | 50.1M | 58.4M | 950.1M | 997.6M | |
Cash | 1.2B | 1.4B | 1.5B | 1.2B | 1.0B | 1.1B | |
Long Term Debt | 1.9B | 221.5M | 1.7B | 1.7B | 1.7B | 1.4B | |
Good Will | 371.8M | 383.9M | 379.4M | 377.2M | 394.9M | 301.2M | |
Short Term Investments | 1.2B | 1.1B | 1.3B | 779.2M | 219.6M | 208.6M | |
Inventory | 2.0B | 2.3B | 3.6B | (217.8M) | (250.5M) | (238.0M) | |
Intangible Assets | 1.8M | 210K | 150K | 90K | 30K | 28.5K | |
Property Plant Equipment | 219.8M | 257.6M | 466.1M | 681.7M | 783.9M | 823.1M | |
Short Long Term Debt Total | 2.3B | 2.3B | 2.2B | 2.2B | 2.2B | 1.6B | |
Property Plant And Equipment Net | 551.5M | 513.9M | 466.1M | 681.7M | 639.7M | 671.7M | |
Net Debt | 1.1B | 899.8M | 772.7M | 966.6M | 1.2B | 1.2B | |
Non Current Assets Total | 2.5B | 2.7B | 2.9B | 2.6B | 2.3B | 1.6B | |
Non Currrent Assets Other | 477.0M | 564.9M | 623.1M | 394.8M | 108.6M | 94.7M | |
Cash And Short Term Investments | 2.4B | 2.5B | 2.8B | 2.0B | 1.0B | 1.6B | |
Net Receivables | 663.1M | 743.1M | 805.8M | 652.8M | 762.3M | 559.8M | |
Non Current Liabilities Total | 3.7B | 3.8B | 4.1B | 3.7B | 3.0B | 3.2B | |
Property Plant And Equipment Gross | 771.3M | 513.9M | 466.1M | 681.7M | 1.1B | 1.1B | |
Total Current Assets | 3.1B | 3.3B | 4.2B | 3.3B | 2.3B | 1.8B | |
Accumulated Other Comprehensive Income | (293.6M) | (238.4M) | (223.8M) | (295.9M) | (290.0M) | (275.5M) | |
Total Current Liabilities | 1.2B | 1.2B | 1.4B | 921.8M | 1.0B | 856.6M | |
Retained Earnings | 1.2B | 1.3B | 1.6B | 1.7B | 1.4B | 789.6M | |
Other Current Assets | (2.0B) | (2.2B) | (2.9B) | 843.2M | (1.8B) | (1.7B) | |
Treasury Stock | (756.9M) | (332.1M) | (281.8M) | (507.4M) | (456.7M) | (433.8M) | |
Net Tangible Assets | 236.4M | 527.7M | 595.6M | 762.6M | 877.0M | 564.3M | |
Noncontrolling Interest In Consolidated Entity | 71.6M | 87.7M | 102.7M | 118.9M | 107.0M | 68.0M | |
Retained Earnings Total Equity | 1.2B | 1.3B | 1.6B | 1.7B | 1.9B | 976.1M | |
Long Term Debt Total | 1.9B | 221.5M | 2.3B | 2.3B | 2.6B | 1.6B | |
Capital Surpluse | 41.0M | 135.4M | 144.7M | 167.9M | 151.1M | 143.5M |
Lazard Investors Sentiment
The influence of Lazard'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 Lazard. 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 Lazard's public news can be used to forecast risks associated with an investment in Lazard. The trend in average sentiment can be used to explain how an investor holding Lazard can time the market purely based on public headlines and social activities around Lazard. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Lazard'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 Lazard'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 Lazard's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Lazard.
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 Lazard 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, Lazard's short interest history, or implied volatility extrapolated from Lazard options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lazard. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Lazard Stock please use our How to Invest in Lazard guide.Note that the Lazard information on this page should be used as a complementary analysis to other Lazard'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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When running Lazard's price analysis, check to measure Lazard'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 Lazard is operating at the current time. Most of Lazard's value examination focuses on studying past and present price action to predict the probability of Lazard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lazard's price. Additionally, you may evaluate how the addition of Lazard to your portfolios can decrease your overall portfolio volatility.
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Is Lazard'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 Lazard. If investors know Lazard 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 Lazard 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 0.466 | Dividend Share 2 | Earnings Share (0.28) | Revenue Per Share 30.498 | Quarterly Revenue Growth 0.408 |
The market value of Lazard is measured differently than its book value, which is the value of Lazard that is recorded on the company's balance sheet. Investors also form their own opinion of Lazard's value that differs from its market value or its book value, called intrinsic value, which is Lazard'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 Lazard's market value can be influenced by many factors that don't directly affect Lazard'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 Lazard's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lazard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lazard'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.