Legacy Long Term Debt to Equity vs Shareholders Equity Analysis
LEGH Stock | USD 20.21 0.16 0.80% |
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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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
Legacy Housing Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Legacy Housing Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
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. Add Fundamental
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.Most indicators from Legacy Housing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Sales General And Administrative To Revenue is increasing as compared to previous years. The Legacy Housing's current Enterprise Value Over EBITDA is estimated to increase to 10.78, while Tax Provision is projected to decrease to under 9.4 M.
2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 4.2M | 2.3M | 2.1M | Interest Income | 2.1M | 2.8M | 3.0M |
Legacy Housing fundamental ratios Correlations
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Legacy Housing Account Relationship Matchups
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Legacy Housing fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 235.0M | 283.6M | 338.6M | 366.7M | 508.3M | 342.0M | |
Short Long Term Debt Total | 17.6M | 30.9M | 36.2M | 8.0M | 25.6M | 25.4M | |
Other Current Liab | 16.3M | 7.7M | 30.2M | 9.4M | 28.6M | 17.0M | |
Total Current Liabilities | 20.4M | 51.9M | 36.4M | 41.9M | 37.3M | 36.9M | |
Total Stockholder Equity | 189.3M | 222.4M | 259.2M | 309.4M | 436.7M | 270.4M | |
Other Liab | 7.3M | 6.8M | 7.3M | 8.6M | 9.9M | 8.0M | |
Net Tangible Assets | 222.4M | 259.2M | 309.4M | 382.1M | 439.4M | 251.8M | |
Property Plant And Equipment Net | 17.1M | 23.1M | 29.8M | 36.9M | 47.3M | 29.5M | |
Current Deferred Revenue | 2.2M | 1.6M | 3.6M | 7.7M | 4.1M | 3.7M | |
Net Debt | 15.0M | 29.1M | 35.4M | 7.0M | 24.8M | 22.1M | |
Retained Earnings | 21.5M | 50.4M | 88.4M | 138.2M | 259.8M | 272.7M | |
Accounts Payable | 2.8M | 5.2M | 10.2M | 4.2M | 4.1M | 4.1M | |
Cash | 2.6M | 1.7M | 768K | 1.0M | 748K | 936K | |
Non Current Assets Total | 171.9M | 230.7M | 283.7M | 274.1M | 400.4M | 263.7M | |
Non Currrent Assets Other | 205.8M | 251.8M | 3.0M | 234.2M | 10.4M | 9.8M | |
Other Assets | 209.6M | 261.0M | 237.2M | 288.1M | 331.4M | 221.7M | |
Long Term Debt | 2.0M | 36.2M | 8.0M | 2.5M | 23.7M | 18.7M | |
Cash And Short Term Investments | 2.6M | 1.7M | 768K | 1.0M | 748K | 950.6K | |
Net Receivables | 19.2M | 23.7M | 5.1M | 45.8M | 69.0M | 72.5M | |
Common Stock Total Equity | 124.3M | 24K | 25K | 30K | 27K | 25.7K | |
Common Stock Shares Outstanding | 24.4M | 24.2M | 24.2M | 24.3M | 25.1M | 25.6M | |
Long Term Debt Total | 17.4M | 2.0M | 36.2M | 2.5M | 2.3M | 2.2M | |
Liabilities And Stockholders Equity | 235.0M | 283.6M | 338.6M | 366.7M | 508.3M | 333.2M | |
Non Current Liabilities Total | 25.4M | 9.3M | 43.0M | 15.3M | 34.2M | 25.3M | |
Inventory | 27.2M | 27.2M | 42M | 41.2M | 33.2M | 38.7M | |
Other Current Assets | 2.9M | 4.9M | 3.2M | 4.5M | 4.9M | 3.9M | |
Other Stockholder Equity | 173.0M | 172.0M | 170.8M | 171.1M | 176.9M | 137.0M | |
Total Liab | 45.8M | 61.2M | 79.4M | 57.3M | 71.6M | 52.1M | |
Property Plant And Equipment Gross | 23.1M | 29.8M | 45.1M | 51.0M | 57.8M | 34.0M | |
Total Current Assets | 63.1M | 53.0M | 55.0M | 92.5M | 107.9M | 78.3M | |
Non Current Liabilities Other | 5.5M | 4.2M | 4.3M | 7.6M | 5.3M | 4.6M | |
Short Term Debt | 228K | 28.9M | 14.9M | 20.7M | 489K | 464.6K | |
Property Plant Equipment | 21.0M | 22.6M | 36.9M | 37.1M | 42.7M | 24.8M | |
Net Invested Capital | 253.3M | 295.4M | 317.4M | 384.6M | 460.4M | 330.2M | |
Net Working Capital | 1.0M | 18.6M | 50.6M | 65.6M | 70.6M | 44.8M |
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 Legacy Housing 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, Legacy Housing's short interest history, or implied volatility extrapolated from Legacy Housing 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 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. Note that the Legacy Housing Corp information on this page should be used as a complementary analysis to other Legacy Housing'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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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When running Legacy Housing's price analysis, check to measure Legacy Housing'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 Legacy Housing is operating at the current time. Most of Legacy Housing's value examination focuses on studying past and present price action to predict the probability of Legacy Housing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legacy Housing's price. Additionally, you may evaluate how the addition of Legacy Housing to your portfolios can decrease your overall portfolio volatility.
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Is Legacy Housing'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 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 (0.66) | Earnings Share 2.17 | Revenue Per Share 7.757 | Quarterly Revenue Growth (0.55) | Return On Assets 0.0856 |
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.