Lennar Operating Income vs Quick Ratio Analysis
LEN Stock | USD 151.57 1.38 0.92% |
Lennar financial indicator trend analysis is infinitely more than just investigating Lennar recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lennar is a good investment. Please check the relationship between Lennar Operating Income and its Quick Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Lennar Stock, please use our How to Invest in Lennar guide.
Operating Income vs Quick Ratio
Operating Income vs Quick Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lennar Operating Income account and Quick Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lennar's Operating Income and Quick Ratio is -0.11. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Quick Ratio in the same time period over historical financial statements of Lennar, assuming nothing else is changed. The correlation between historical values of Lennar's Operating Income and Quick Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Lennar are associated (or correlated) with its Quick Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Quick Ratio has no effect on the direction of Operating Income i.e., Lennar's Operating Income and Quick Ratio go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Lennar operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lennar is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Quick Ratio
A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities.Most indicators from Lennar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lennar 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 Lennar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Lennar Stock, please use our How to Invest in Lennar guide.At this time, Lennar's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 23rd of April 2024, Enterprise Value Multiple is likely to grow to 7.02, while Selling General Administrative is likely to drop about 511.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.2B | 34.0B | 39.1B | 41.0B | Total Revenue | 33.7B | 34.2B | 39.4B | 41.3B |
Lennar fundamental ratios Correlations
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Lennar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lennar fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 29.9B | 33.2B | 38.0B | 39.2B | 45.1B | 47.4B | |
Short Long Term Debt Total | 6.0B | 4.7B | 4.0B | 2.8B | 3.2B | 3.1B | |
Total Stockholder Equity | 18.0B | 20.8B | 24.1B | 26.6B | 30.6B | 32.1B | |
Net Debt | 3.3B | 1.9B | (568.8M) | (3.5B) | (4.0B) | (3.8B) | |
Retained Earnings | 10.6B | 14.7B | 18.9B | 22.4B | 25.7B | 27.0B | |
Non Current Assets Total | 10.0B | 11.2B | 11.2B | 11.7B | 13.5B | 14.1B | |
Common Stock Shares Outstanding | 309.4M | 306.6M | 289.8M | 283.3M | 325.8M | 178.4M | |
Liabilities And Stockholders Equity | 29.9B | 33.2B | 38.0B | 39.2B | 45.1B | 47.4B | |
Non Current Liabilities Total | 10.8B | 10.9B | 12.1B | 10.9B | 12.5B | 13.2B | |
Other Stockholder Equity | 7.4B | 6.1B | 5.2B | 4.2B | 4.8B | 5.0B | |
Total Liab | 11.8B | 12.2B | 13.7B | 12.5B | 14.4B | 15.1B | |
Other Current Liab | 706.7M | 976.6M | 2.0B | 2.5B | 2.9B | 3.1B | |
Total Current Liabilities | 1.0B | 1.3B | 1.6B | 1.6B | 1.9B | 2.0B | |
Property Plant And Equipment Net | 411.5M | 339.9M | 355.1M | 404.8M | 465.5M | 488.8M | |
Accounts Payable | 1.0B | 1.3B | 1.6B | 1.6B | 1.9B | 2.0B | |
Cash | 2.7B | 2.7B | 4.6B | 6.3B | 7.2B | 7.6B | |
Non Currrent Assets Other | 5.6B | 6.8B | 6.3B | 7.1B | 8.2B | 8.6B | |
Cash And Short Term Investments | 2.7B | 2.7B | 4.6B | 6.3B | 7.2B | 7.6B | |
Net Receivables | 298.7M | 490.3M | 674.0M | 888.0M | 1.0B | 1.1B | |
Inventory | 16.9B | 18.7B | 21.4B | 18.4B | 21.1B | 22.2B | |
Total Current Assets | 19.9B | 22.0B | 26.7B | 27.5B | 31.7B | 33.2B | |
Property Plant And Equipment Gross | 411.5M | 538.8M | 581.9M | 670.6M | 771.2M | 809.8M | |
Accumulated Other Comprehensive Income | (805K) | (1.3M) | 2.4M | 4.9M | 5.6M | 5.9M | |
Other Current Assets | 15.2M | 21.9M | 23.0M | 2.0B | 2.3B | 2.4B | |
Common Stock Total Equity | 33.7M | 33.8M | 34.0M | 29.3M | 33.7M | 35.3M | |
Common Stock | 33.8M | 34.0M | 29.3M | 29.5M | 33.9M | 22.6M | |
Other Liab | 3.2B | 4.3B | 5.1B | 5.6B | 6.5B | 6.8B | |
Other Assets | 2.8B | 6.9B | 6.5B | 3.6B | 4.1B | 4.3B | |
Long Term Debt | 7.4B | 4.7B | 4.0B | 2.8B | 3.2B | 4.3B | |
Treasury Stock | (957.9M) | (1.3B) | (2.7B) | (210.4M) | (189.4M) | (198.8M) | |
Property Plant Equipment | 279.5M | 411.5M | 339.9M | 860.2M | 989.2M | 1.0B | |
Short Term Debt | 1.5B | 2.3B | 2.3B | 2.6B | 2.9B | 1.9B | |
Short Term Investments | 53.5M | 41.7M | 35.5M | 38.0M | 43.6M | 40.3M | |
Net Tangible Assets | 14.4B | 17.4B | 20.7B | 23.1B | 26.6B | 27.9B | |
Noncontrolling Interest In Consolidated Entity | 84.3M | 104.5M | 179.9M | 139.9M | 125.9M | 200.9M | |
Retained Earnings Total Equity | 8.3B | 10.6B | 14.7B | 18.9B | 21.7B | 22.8B | |
Long Term Debt Total | 7.8B | 7.4B | 4.7B | 4.0B | 4.7B | 6.1B | |
Capital Surpluse | 8.6B | 8.7B | 8.8B | 5.4B | 6.2B | 5.3B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Lennar Stock, please use our How to Invest in Lennar guide.Note that the Lennar information on this page should be used as a complementary analysis to other Lennar'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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When running Lennar's price analysis, check to measure Lennar'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 Lennar is operating at the current time. Most of Lennar's value examination focuses on studying past and present price action to predict the probability of Lennar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lennar's price. Additionally, you may evaluate how the addition of Lennar to your portfolios can decrease your overall portfolio volatility.
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Is Lennar'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 Lennar. If investors know Lennar 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 Lennar 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 0.249 | Dividend Share 1.625 | Earnings Share 14.24 | Revenue Per Share 124.738 | Quarterly Revenue Growth 0.127 |
The market value of Lennar is measured differently than its book value, which is the value of Lennar that is recorded on the company's balance sheet. Investors also form their own opinion of Lennar's value that differs from its market value or its book value, called intrinsic value, which is Lennar'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 Lennar's market value can be influenced by many factors that don't directly affect Lennar'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 Lennar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennar'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.