Lazard Non Currrent Assets Other vs Total Current 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 Non Currrent Assets Other and its Total Current 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.
Non Currrent Assets Other vs Total Current Assets
Non Currrent Assets Other vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lazard Non Currrent Assets Other account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lazard's Non Currrent Assets Other and Total Current Assets is 0.73. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current 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 Non Currrent Assets Other and Total Current 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 Non Currrent Assets Other of Lazard are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Lazard's Non Currrent Assets Other and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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
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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 |
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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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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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.