Legacy Historical Balance Sheet

LEGH Stock  USD 23.73  0.50  2.15%   
Trend analysis of Legacy Housing Corp balance sheet accounts such as Total Current Liabilities of 36.9 M provides information on Legacy Housing's total assets, liabilities, and equity, which is the actual value of Legacy Housing Corp to its prevalent stockholders. By breaking down trends over time using Legacy Housing balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Legacy Housing Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Legacy Housing Corp is a good buy for the upcoming year.

Legacy Housing Inventory

38.75 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Housing Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

About Legacy Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Legacy Housing Corp at a specified time, usually calculated after every quarter, six months, or one year. Legacy Housing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Legacy Housing and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Legacy currently owns. An asset can also be divided into two categories, current and non-current.

Legacy Housing Balance Sheet Chart

As of now, Legacy Housing's Cash And Short Term Investments are increasing as compared to previous years. The Legacy Housing's current Net Receivables is estimated to increase to about 72.5 M, while Total Assets are projected to decrease to under 342 M.

Total Assets

Total assets refers to the total amount of Legacy Housing assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Legacy Housing Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Legacy Housing balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Legacy Housing Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most accounts from Legacy Housing's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Legacy Housing Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Legacy Housing Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
As of now, Legacy Housing's Cash And Short Term Investments are increasing as compared to previous years. The Legacy Housing's current Net Receivables is estimated to increase to about 72.5 M, while Total Assets are projected to decrease to under 342 M.
 2020 2021 2023 2024 (projected)
Short and Long Term Debt Total36.2M8.0M25.6M25.4M
Total Assets338.6M366.7M508.3M342.0M

Legacy Housing balance sheet Correlations

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Click cells to compare fundamentals

Legacy Housing Account Relationship Matchups

Legacy Housing balance sheet Accounts

201920202021202220232024 (projected)
Total Assets235.0M283.6M338.6M366.7M508.3M342.0M
Short Long Term Debt Total17.6M30.9M36.2M8.0M25.6M25.4M
Other Current Liab16.3M7.7M30.2M9.4M28.6M17.0M
Total Current Liabilities20.4M51.9M36.4M41.9M37.3M36.9M
Total Stockholder Equity189.3M222.4M259.2M309.4M436.7M270.4M
Other Liab7.3M6.8M7.3M8.6M9.9M8.0M
Net Tangible Assets222.4M259.2M309.4M382.1M439.4M251.8M
Property Plant And Equipment Net17.1M23.1M29.8M36.9M47.3M29.5M
Current Deferred Revenue2.2M1.6M3.6M7.7M4.1M3.7M
Net Debt15.0M29.1M35.4M7.0M24.8M22.1M
Retained Earnings21.5M50.4M88.4M138.2M259.8M272.7M
Accounts Payable2.8M5.2M10.2M4.2M4.1M4.1M
Cash2.6M1.7M768K1.0M748K936K
Non Current Assets Total171.9M230.7M283.7M274.1M400.4M263.7M
Non Currrent Assets Other205.8M251.8M3.0M234.2M10.4M9.8M
Other Assets209.6M261.0M237.2M288.1M331.4M221.7M
Long Term Debt2.0M36.2M8.0M2.5M23.7M18.7M
Cash And Short Term Investments2.6M1.7M768K1.0M748K950.6K
Net Receivables19.2M23.7M5.1M45.8M69.0M72.5M
Common Stock Total Equity124.3M24K25K30K27K25.7K
Common Stock Shares Outstanding24.4M24.2M24.2M24.3M25.1M25.6M
Long Term Debt Total17.4M2.0M36.2M2.5M2.3M2.2M
Liabilities And Stockholders Equity235.0M283.6M338.6M366.7M508.3M333.2M
Non Current Liabilities Total25.4M9.3M43.0M15.3M34.2M25.3M
Inventory27.2M27.2M42M41.2M33.2M38.7M
Other Current Assets2.9M4.9M3.2M4.5M4.9M3.9M
Other Stockholder Equity173.0M172.0M170.8M171.1M176.9M137.0M
Total Liab45.8M61.2M79.4M57.3M71.6M52.1M
Property Plant And Equipment Gross23.1M29.8M45.1M51.0M57.8M34.0M
Total Current Assets63.1M53.0M55.0M92.5M107.9M78.3M
Non Current Liabilities Other5.5M4.2M4.3M7.6M5.3M4.6M
Short Term Debt228K28.9M14.9M20.7M489K464.6K
Property Plant Equipment21.0M22.6M36.9M37.1M42.7M24.8M
Net Invested Capital253.3M295.4M317.4M384.6M460.4M330.2M
Net Working Capital1.0M18.6M50.6M65.6M70.6M44.8M

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Additional Information and Resources on Investing in Legacy Stock

When determining whether Legacy Housing Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Legacy Housing'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 Legacy Housing Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legacy Housing Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Housing Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Household Durables space 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 Legacy Housing. If investors know Legacy 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 Legacy Housing 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
(0.08)
Earnings Share
2.12
Revenue Per Share
7.361
Quarterly Revenue Growth
(0.18)
Return On Assets
0.0816
The market value of Legacy Housing Corp is measured differently than its book value, which is the value of Legacy that is recorded on the company's balance sheet. Investors also form their own opinion of Legacy Housing's value that differs from its market value or its book value, called intrinsic value, which is Legacy Housing'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 Legacy Housing's market value can be influenced by many factors that don't directly affect Legacy Housing'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 Legacy Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legacy Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legacy Housing'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.