LGI Days Of Inventory On Hand vs Net Income Per Share Analysis

LGIH Stock  USD 104.63  0.61  0.58%   
LGI Homes financial indicator trend analysis is infinitely more than just investigating LGI Homes recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LGI Homes is a good investment. Please check the relationship between LGI Homes Days Of Inventory On Hand and its Net Income Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.

Days Of Inventory On Hand vs Net Income Per Share

Days Of Inventory On Hand vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LGI Homes Days Of Inventory On Hand account and Net Income Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between LGI Homes' Days Of Inventory On Hand and Net Income Per Share is 0.42. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of LGI Homes, assuming nothing else is changed. The correlation between historical values of LGI Homes' Days Of Inventory On Hand and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of LGI Homes are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Days Of Inventory On Hand i.e., LGI Homes' Days Of Inventory On Hand and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Days Of Inventory On Hand

Net Income Per Share

Most indicators from LGI Homes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LGI Homes 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 LGI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.As of now, LGI Homes' Tax Provision is increasing as compared to previous years. The LGI Homes' current Sales General And Administrative To Revenue is estimated to increase to 0.06, while Selling General Administrative is projected to decrease to under 63.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit818.0M646.6M542.2M365.1M
Total Revenue3.1B2.3B2.4B1.4B

LGI Homes fundamental ratios Correlations

0.990.380.840.990.930.89-0.590.990.680.420.990.950.930.990.420.520.630.991.00.71-0.380.990.891.00.9
0.990.430.830.970.930.89-0.621.00.690.430.960.930.871.00.430.440.631.00.990.68-0.361.00.890.990.9
0.380.430.40.350.470.53-0.170.430.370.270.420.520.30.410.27-0.320.110.410.390.25-0.520.420.530.380.56
0.840.830.40.820.760.68-0.580.830.730.350.780.790.760.820.350.460.60.810.840.72-0.30.840.670.840.73
0.990.970.350.820.920.89-0.550.970.650.40.990.960.960.970.40.560.610.970.990.71-0.40.970.890.990.9
0.930.930.470.760.920.98-0.360.940.650.230.930.950.790.910.230.240.380.920.930.46-0.610.930.980.930.98
0.890.890.530.680.890.98-0.30.90.640.210.920.960.770.870.210.160.320.890.90.39-0.680.891.00.891.0
-0.59-0.62-0.17-0.58-0.55-0.36-0.3-0.61-0.58-0.57-0.52-0.46-0.53-0.65-0.57-0.59-0.82-0.64-0.58-0.66-0.3-0.63-0.29-0.59-0.31
0.991.00.430.830.970.940.9-0.610.680.40.970.930.871.00.40.430.611.00.990.67-0.381.00.90.990.91
0.680.690.370.730.650.650.64-0.580.680.530.660.690.530.680.530.250.670.680.680.4-0.150.70.640.680.65
0.420.430.270.350.40.230.21-0.570.40.530.380.280.370.471.00.410.850.460.40.570.430.440.210.420.21
0.990.960.420.780.990.930.92-0.520.970.660.380.970.950.960.380.480.570.970.990.68-0.460.970.920.980.93
0.950.930.520.790.960.950.96-0.460.930.690.280.970.90.920.280.350.470.920.950.56-0.60.930.950.950.97
0.930.870.30.760.960.790.77-0.530.870.530.370.950.90.880.370.670.590.880.920.79-0.360.880.770.930.79
0.991.00.410.820.970.910.87-0.651.00.680.470.960.920.880.470.480.671.00.990.71-0.321.00.870.990.88
0.420.430.270.350.40.230.21-0.570.40.531.00.380.280.370.470.410.850.460.40.570.430.440.210.420.21
0.520.44-0.320.460.560.240.16-0.590.430.250.410.480.350.670.480.410.650.470.50.690.320.470.150.520.16
0.630.630.110.60.610.380.32-0.820.610.670.850.570.470.590.670.850.650.650.620.730.40.650.320.630.34
0.991.00.410.810.970.920.89-0.641.00.680.460.970.920.881.00.460.470.650.990.69-0.331.00.880.990.89
1.00.990.390.840.990.930.9-0.580.990.680.40.990.950.920.990.40.50.620.990.7-0.40.990.91.00.91
0.710.680.250.720.710.460.39-0.660.670.40.570.680.560.790.710.570.690.730.690.70.050.70.390.710.43
-0.38-0.36-0.52-0.3-0.4-0.61-0.68-0.3-0.38-0.150.43-0.46-0.6-0.36-0.320.430.320.4-0.33-0.40.05-0.35-0.68-0.38-0.69
0.991.00.420.840.970.930.89-0.631.00.70.440.970.930.881.00.440.470.651.00.990.7-0.350.880.990.9
0.890.890.530.670.890.981.0-0.290.90.640.210.920.950.770.870.210.150.320.880.90.39-0.680.880.890.99
1.00.990.380.840.990.930.89-0.590.990.680.420.980.950.930.990.420.520.630.991.00.71-0.380.990.890.9
0.90.90.560.730.90.981.0-0.310.910.650.210.930.970.790.880.210.160.340.890.910.43-0.690.90.990.9
Click cells to compare fundamentals

LGI Homes Account Relationship Matchups

LGI Homes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B2.4B3.1B3.4B3.6B
Short Long Term Debt Total690.6M538.4M805.2M1.3B1.4B1.4B
Other Current Liab(178.2M)(161.7M)136.6M198.3M99.4M104.4M
Total Current Liabilities130.4M148.7M150.8M365.4M235.5M120.1M
Total Stockholder Equity845.2M1.1B1.4B1.6B1.9B1.9B
Other Liab51.8M58.7M79.5M253.4M291.4M305.9M
Property Plant And Equipment Net1.6M3.6M16.9M33.0M45.5M47.8M
Net Debt652.2M502.5M754.7M1.2B1.3B1.4B
Accounts Payable12.5M13.7M14.2M25.3M31.6M16.0M
Cash38.3M35.9M50.5M32.0M49.0M42.7M
Non Current Assets Total71.8M104.7M157.5M169.4M209.9M220.4M
Non Currrent Assets Other16.2M44.9M81.7M107.0M113.8M119.5M
Other Assets45.0M101.1M134.4M100.0M115.0M120.7M
Long Term Debt690.6M538.4M805.2M1.1B1.2B1.3B
Cash And Short Term Investments38.3M35.9M50.5M32.0M49.0M42.7M
Net Receivables56.4M115.9M57.9M25.1M41.3M36.8M
Common Stock Shares Outstanding25.4M25.4M24.9M23.7M23.6M23.1M
Liabilities And Stockholders Equity1.7B1.8B2.4B3.1B3.4B3.6B
Non Current Liabilities Total690.6M538.4M805.2M1.1B1.3B1.4B
Inventory1.5B1.6B2.1B2.9B3.1B3.3B
Other Stockholder Equity234.5M204.5M31.7M(48.3M)(34.0M)(32.3M)
Total Liab820.9M687.1M956.0M1.5B1.6B1.6B
Property Plant And Equipment Gross1.6M3.6M18.8M36.4M51.3M53.9M
Total Current Assets1.6B1.7B2.2B3.0B3.2B3.4B
Property Plant Equipment1.6M3.6M16.9M33.0M37.9M39.8M
Net Tangible Assets833.2M1.1B1.4B1.6B1.9B2.0B
Retained Earnings610.4M934.3M1.4B1.7B1.9B2.0B
Common Stock Total Equity264K267K269K272K312.8K262.7K
Retained Earnings Total Equity610.4M934.3M1.4B1.7B1.9B2.0B
Long Term Debt Total690.6M538.4M805.2M1.1B1.3B1.3B
Capital Surpluse252.6M270.6M291.6M306.7M352.7M252.7M
Deferred Long Term Liab2.1M37.2M40.7M2.6M3.0M2.9M
Short Term Debt296.0M296.7M1.4M141.8M104.5M167.9M

Currently Active Assets on Macroaxis

When determining whether LGI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LGI Homes' 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 Lgi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lgi Homes Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Is LGI Homes' 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 LGI Homes. If investors know LGI 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 LGI Homes 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
(0.37)
Earnings Share
8
Revenue Per Share
96.028
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0436
The market value of LGI Homes is measured differently than its book value, which is the value of LGI that is recorded on the company's balance sheet. Investors also form their own opinion of LGI Homes' value that differs from its market value or its book value, called intrinsic value, which is LGI Homes' 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 LGI Homes' market value can be influenced by many factors that don't directly affect LGI Homes' 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 LGI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if LGI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGI Homes' 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.