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 DirectionPositive 
Relationship StrengthSignificant

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 Profit1.3B1.1B2.5B2.6B
Total Revenue3.3B2.9B2.6B2.3B

Lazard fundamental ratios Correlations

0.27-0.090.56-0.670.95-0.310.9-0.520.630.360.340.850.68-0.790.310.80.570.530.830.440.830.530.890.380.9
0.270.360.160.360.10.360.35-0.070.410.110.090.30.11-0.16-0.45-0.22-0.47-0.540.30.010.38-0.070.05-0.510.24
-0.090.36-0.330.240.030.09-0.05-0.110.610.310.760.06-0.110.2-0.340.0-0.33-0.390.250.270.39-0.76-0.39-0.340.03
0.560.16-0.33-0.260.46-0.510.58-0.40.27-0.31-0.080.450.75-0.220.150.410.280.320.23-0.080.330.630.460.170.29
-0.670.360.24-0.26-0.770.56-0.570.09-0.38-0.43-0.36-0.35-0.230.74-0.85-0.85-0.95-0.89-0.62-0.27-0.44-0.33-0.71-0.88-0.57
0.950.10.030.46-0.77-0.40.87-0.480.690.420.520.810.64-0.80.390.920.690.660.880.520.850.410.850.530.89
-0.310.360.09-0.510.56-0.4-0.260.32-0.38-0.09-0.28-0.1-0.360.07-0.52-0.6-0.65-0.56-0.190.21-0.21-0.08-0.2-0.60.0
0.90.35-0.050.58-0.570.87-0.26-0.360.620.360.370.80.6-0.660.240.710.450.450.740.250.770.470.740.350.77
-0.52-0.07-0.11-0.40.09-0.480.32-0.36-0.370.08-0.21-0.71-0.70.030.3-0.46-0.13-0.13-0.36-0.33-0.56-0.19-0.380.16-0.43
0.630.410.610.27-0.380.69-0.380.62-0.370.420.790.610.34-0.380.090.590.250.120.660.260.88-0.170.280.140.55
0.360.110.31-0.31-0.430.42-0.090.360.080.420.510.2-0.09-0.370.310.360.250.180.520.130.37-0.150.20.30.37
0.340.090.76-0.08-0.360.52-0.280.37-0.210.790.510.310.09-0.220.150.590.250.170.650.440.62-0.40.060.190.42
0.850.30.060.45-0.350.81-0.10.8-0.710.610.20.310.75-0.51-0.120.620.250.260.630.450.880.430.70.040.83
0.680.11-0.110.75-0.230.64-0.360.6-0.70.34-0.090.090.75-0.29-0.080.550.270.370.430.390.590.510.620.120.56
-0.79-0.160.2-0.220.74-0.80.07-0.660.03-0.38-0.37-0.22-0.51-0.29-0.52-0.66-0.66-0.62-0.78-0.48-0.56-0.46-0.87-0.59-0.8
0.31-0.45-0.340.15-0.850.39-0.520.240.30.090.310.15-0.12-0.08-0.520.530.840.760.30.040.030.20.420.870.23
0.8-0.220.00.41-0.850.92-0.60.71-0.460.590.360.590.620.55-0.660.530.830.810.790.460.680.330.730.690.72
0.57-0.47-0.330.28-0.950.69-0.650.45-0.130.250.250.250.250.27-0.660.840.830.960.520.270.320.320.70.940.46
0.53-0.54-0.390.32-0.890.66-0.560.45-0.130.120.180.170.260.37-0.620.760.810.960.470.310.270.410.720.920.45
0.830.30.250.23-0.620.88-0.190.74-0.360.660.520.650.630.43-0.780.30.790.520.470.650.750.170.720.380.86
0.440.010.27-0.08-0.270.520.210.25-0.330.260.130.440.450.39-0.480.040.460.270.310.650.510.00.520.110.73
0.830.380.390.33-0.440.85-0.210.77-0.560.880.370.620.880.59-0.560.030.680.320.270.750.510.090.590.150.81
0.53-0.07-0.760.63-0.330.41-0.080.47-0.19-0.17-0.15-0.40.430.51-0.460.20.330.320.410.170.00.090.660.240.41
0.890.05-0.390.46-0.710.85-0.20.74-0.380.280.20.060.70.62-0.870.420.730.70.720.720.520.590.660.540.85
0.38-0.51-0.340.17-0.880.53-0.60.350.160.140.30.190.040.12-0.590.870.690.940.920.380.110.150.240.540.27
0.90.240.030.29-0.570.890.00.77-0.430.550.370.420.830.56-0.80.230.720.460.450.860.730.810.410.850.27
Click cells to compare fundamentals

Lazard Account Relationship Matchups

Lazard fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7B6.0B7.1B5.9B4.6B4.4B
Total Stockholder Equity610.0M911.8M975.2M556.5M423.8M631.2M
Common Stock Shares Outstanding116.1M113.5M113.7M101.0M89.0M103.7M
Liabilities And Stockholders Equity5.7B6.0B7.1B5.9B4.6B4.4B
Other Assets924.9M4.2B4.6B1.0B2.0B1.6B
Other Stockholder Equity(291.1M)(146.4M)(362.7M)(825.5M)(690.1M)(655.6M)
Total Liab5.0B5.0B5.5B4.6B4.1B3.6B
Other Current Liab(98.0M)(90.7M)(130.7M)(137.3M)(140.4M)(133.4M)
Other Liab1.7B1.9B2.3B1.3B1.5B1.2B
Accounts Payable8.8M(1.2M)50.1M58.4M950.1M997.6M
Cash1.2B1.4B1.5B1.2B1.0B1.1B
Long Term Debt1.9B221.5M1.7B1.7B1.7B1.4B
Good Will371.8M383.9M379.4M377.2M394.9M301.2M
Short Term Investments1.2B1.1B1.3B779.2M219.6M208.6M
Inventory2.0B2.3B3.6B(217.8M)(250.5M)(238.0M)
Intangible Assets1.8M210K150K90K30K28.5K
Property Plant Equipment219.8M257.6M466.1M681.7M783.9M823.1M
Short Long Term Debt Total2.3B2.3B2.2B2.2B2.2B1.6B
Property Plant And Equipment Net551.5M513.9M466.1M681.7M639.7M671.7M
Net Debt1.1B899.8M772.7M966.6M1.2B1.2B
Non Current Assets Total2.5B2.7B2.9B2.6B2.3B1.6B
Non Currrent Assets Other477.0M564.9M623.1M394.8M108.6M94.7M
Cash And Short Term Investments2.4B2.5B2.8B2.0B1.0B1.6B
Net Receivables663.1M743.1M805.8M652.8M762.3M559.8M
Non Current Liabilities Total3.7B3.8B4.1B3.7B3.0B3.2B
Property Plant And Equipment Gross771.3M513.9M466.1M681.7M1.1B1.1B
Total Current Assets3.1B3.3B4.2B3.3B2.3B1.8B
Accumulated Other Comprehensive Income(293.6M)(238.4M)(223.8M)(295.9M)(290.0M)(275.5M)
Total Current Liabilities1.2B1.2B1.4B921.8M1.0B856.6M
Retained Earnings1.2B1.3B1.6B1.7B1.4B789.6M
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 Assets236.4M527.7M595.6M762.6M877.0M564.3M
Noncontrolling Interest In Consolidated Entity71.6M87.7M102.7M118.9M107.0M68.0M
Retained Earnings Total Equity1.2B1.3B1.6B1.7B1.9B976.1M
Long Term Debt Total1.9B221.5M2.3B2.3B2.6B1.6B
Capital Surpluse41.0M135.4M144.7M167.9M151.1M143.5M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Lazard offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lazard'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 Lazard Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lazard Stock:
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.
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.

Complementary Tools for Lazard Stock analysis

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.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Money Managers
Screen money managers from public funds and ETFs managed around the world
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Global Correlations
Find global opportunities by holding instruments from different markets
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.