LesliesInc Total Stockholder Equity vs Inventory Analysis
LESL Stock | USD 5.06 0.08 1.61% |
LesliesInc financial indicator trend analysis is infinitely more than just investigating LesliesInc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LesliesInc is a good investment. Please check the relationship between LesliesInc Total Stockholder Equity and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LesliesInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy LesliesInc Stock please use our How to buy in LesliesInc Stock guide.
Total Stockholder Equity vs Inventory
Total Stockholder Equity vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LesliesInc Total Stockholder Equity account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between LesliesInc's Total Stockholder Equity and Inventory is 0.89. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Inventory in the same time period over historical financial statements of LesliesInc, assuming nothing else is changed. The correlation between historical values of LesliesInc's Total Stockholder Equity and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of LesliesInc are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Stockholder Equity i.e., LesliesInc's Total Stockholder Equity and Inventory go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Inventory
Most indicators from LesliesInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LesliesInc 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 LesliesInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy LesliesInc Stock please use our How to buy in LesliesInc Stock guide.At this time, LesliesInc's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 27.31 this year, although the value of Selling General Administrative will most likely fall to about 381.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 30.2M | 65.4M | 58.9M | 53.9M | Depreciation And Amortization | 30.4M | 34.1M | 39.3M | 31.4M |
LesliesInc fundamental ratios Correlations
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LesliesInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LesliesInc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 746.4M | 1.0B | 1.1B | 1.0B | 1.2B | 892.3M | |
Short Long Term Debt Total | 1.4B | 1.0B | 1.0B | 1.0B | 933.7M | 912.8M | |
Other Current Liab | 89.7M | (14.5M) | (739K) | 149.2M | 171.5M | 180.1M | |
Total Current Liabilities | 258.2M | 311.3M | 348.0M | 225.8M | 259.7M | 265.1M | |
Total Stockholder Equity | (827.0M) | (217.6M) | (198.0M) | (161.4M) | (185.6M) | (194.8M) | |
Other Liab | 15.1M | 5.5M | 3.9M | 65K | 58.5K | 55.6K | |
Net Tangible Assets | (1.0B) | (948.2M) | (346.6M) | (411.7M) | (473.4M) | (497.1M) | |
Property Plant And Equipment Net | 244.0M | 282.6M | 314.6M | 341.7M | 393.0M | 246.0M | |
Current Deferred Revenue | 13.3M | 21.4M | 13.3M | (143.4M) | (129.0M) | (122.6M) | |
Net Debt | 1.2B | 670.3M | 915.7M | 982.0M | 883.8M | 801.0M | |
Retained Earnings | (549.1M) | (422.5M) | (288.1M) | (260.8M) | (299.9M) | (314.9M) | |
Accounts Payable | 92.4M | 235.2M | 267.0M | 149.2M | 171.5M | 160.2M | |
Cash | 157.1M | 345.1M | 112.3M | 55.4M | 63.7M | 60.5M | |
Non Current Assets Total | 374.3M | 440.5M | 567.3M | 614.1M | 706.3M | 438.5M | |
Non Currrent Assets Other | 2.5M | 25.1M | 37.7M | 46.0M | 52.8M | 55.5M | |
Other Assets | 1.4M | 9.1M | 28.9M | 39.0M | 44.8M | 47.1M | |
Long Term Debt | 1.2B | 786.1M | 779.7M | 773.3M | 695.9M | 786.0M | |
Cash And Short Term Investments | 157.1M | 345.1M | 112.3M | 55.4M | 63.7M | 60.5M | |
Net Receivables | 31.5M | 38.9M | 45.3M | 29.4M | 33.8M | 38.1M | |
Good Will | 93.3M | 101.1M | 173.5M | 180.7M | 207.8M | 132.5M | |
Common Stock Shares Outstanding | 186.6M | 190.0M | 186.1M | 184.7M | 166.2M | 149.4M | |
Liabilities And Stockholders Equity | 746.4M | 1.0B | 1.1B | 1.0B | 1.2B | 892.3M | |
Non Current Liabilities Total | 1.3B | 950.1M | 959.6M | 970.0M | 873.0M | 880.2M | |
Inventory | 149.0M | 198.8M | 361.7M | 311.8M | 358.6M | 240.9M | |
Other Current Assets | 34.6M | 20.6M | 23.1M | 23.6M | 27.2M | 21.1M | |
Other Stockholder Equity | (278.1M) | 204.7M | 89.9M | 99.3M | 114.2M | 119.9M | |
Total Liab | 1.6B | 1.3B | 1.3B | 1.2B | 1.1B | 1.1B | |
Net Invested Capital | 360.9M | 576.7M | 589.9M | 620.0M | 713.0M | 506.7M | |
Property Plant And Equipment Gross | 244.0M | 282.6M | 314.6M | 341.7M | 393.0M | 246.0M | |
Total Current Assets | 372.1M | 603.3M | 542.4M | 420.3M | 483.3M | 453.8M | |
Non Current Liabilities Other | 5.5M | 3.9M | 65K | 3.5M | 3.1M | 5.5M | |
Net Working Capital | 113.9M | 292.0M | 194.4M | 194.5M | 223.6M | 188.8M | |
Short Term Debt | 62.8M | 69.2M | 68.5M | 70.9M | 81.5M | 52.8M | |
Intangible Assets | 27.9M | 27.9M | 40.2M | 38.2M | 43.9M | 34.7M | |
Property Plant Equipment | 78.5M | 244.0M | 282.6M | 314.6M | 361.7M | 220.0M |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LesliesInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy LesliesInc Stock please use our How to buy in LesliesInc Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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Is LesliesInc'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 LesliesInc. If investors know LesliesInc 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 LesliesInc 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 (0.71) | Earnings Share 0.09 | Revenue Per Share 7.629 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0524 |
The market value of LesliesInc is measured differently than its book value, which is the value of LesliesInc that is recorded on the company's balance sheet. Investors also form their own opinion of LesliesInc's value that differs from its market value or its book value, called intrinsic value, which is LesliesInc'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 LesliesInc's market value can be influenced by many factors that don't directly affect LesliesInc'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 LesliesInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if LesliesInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LesliesInc'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.