Laboratory Net Income Per Employee vs Average Assets Analysis

LH Stock  USD 218.46  1.89  0.87%   
Trend analysis of Laboratory balance sheet accounts such as Total Current Liabilities of 3.4 B, Total Stockholder Equity of 8.3 B or Property Plant And Equipment Net of 3.1 B provides information on Laboratory's total assets, liabilities, and equity, which is the actual value of Laboratory to its prevalent stockholders. By breaking down trends over time using Laboratory 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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laboratory. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Laboratory Stock please use our How to Invest in Laboratory guide.

About Laboratory Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Laboratory at a specified time, usually calculated after every quarter, six months, or one year. Laboratory Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Laboratory 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 Laboratory currently owns. An asset can also be divided into two categories, current and non-current.

Laboratory Balance Sheet Chart

Laboratory 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 Laboratory uses and utilizes its capital. It also shows what exactly a company owns and owes.
As of now, Laboratory's Total Stockholder Equity is increasing as compared to previous years. The Laboratory's current Property Plant And Equipment Net is estimated to increase to about 3.1 B, while Other Current Liabilities is projected to decrease to under 502.9 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Laboratory 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 Laboratory 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 Laboratory balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Laboratory 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 Laboratory's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Laboratory 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 Laboratory. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Laboratory Stock please use our How to Invest in Laboratory guide.The Laboratory's current Tax Provision is estimated to increase to about 379.6 M, while Selling General Administrative is projected to decrease to under 1.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit5.6B4.4B3.1B1.9B
Total Revenue16.1B14.9B12.2B12.8B

Laboratory fundamental ratios Correlations

0.610.530.550.50.440.670.520.530.30.640.110.30.480.720.370.090.680.440.680.660.250.350.230.940.88
0.610.620.690.980.950.930.950.920.540.990.430.540.960.820.850.390.980.940.960.9-0.010.850.760.570.32
0.530.620.810.650.550.450.680.470.530.60.530.530.680.530.4-0.020.570.640.510.60.410.50.410.460.18
0.550.690.810.720.740.590.740.730.260.680.540.260.70.370.710.030.630.670.60.530.690.750.70.530.35
0.50.980.650.720.960.840.980.920.560.950.530.560.990.720.870.280.920.970.880.830.00.910.840.480.19
0.440.950.550.740.960.850.940.940.470.930.540.470.940.630.930.30.90.940.880.750.10.940.90.460.2
0.670.930.450.590.840.850.780.880.30.960.220.30.780.860.780.550.970.750.990.920.00.680.60.610.48
0.520.950.680.740.980.940.780.890.570.920.610.570.980.670.840.10.870.960.830.770.040.910.840.540.2
0.530.920.470.730.920.940.880.890.270.920.440.270.870.630.960.30.880.850.870.760.130.910.870.540.34
0.30.540.530.260.560.470.30.570.270.470.361.00.630.520.240.040.50.70.450.45-0.240.460.340.350.05
0.640.990.60.680.950.930.960.920.920.470.390.470.920.850.830.430.990.90.980.92-0.010.810.720.590.37
0.110.430.530.540.530.540.220.610.440.360.390.360.550.230.44-0.360.320.520.270.30.210.590.590.22-0.17
0.30.540.530.260.560.470.30.570.271.00.470.360.630.520.250.040.50.710.450.45-0.240.460.340.350.05
0.480.960.680.70.990.940.780.980.870.630.920.550.630.70.830.220.890.980.840.8-0.020.90.810.470.14
0.720.820.530.370.720.630.860.670.630.520.850.230.520.70.480.460.880.670.880.96-0.230.440.320.640.43
0.370.850.40.710.870.930.780.840.960.240.830.440.250.830.480.290.790.830.780.630.180.930.940.40.22
0.090.39-0.020.030.280.30.550.10.30.040.43-0.360.040.220.460.290.470.230.520.5-0.220.120.1-0.10.07
0.680.980.570.630.920.90.970.870.880.50.990.320.50.890.880.790.470.871.00.93-0.030.760.660.630.43
0.440.940.640.670.970.940.750.960.850.70.90.520.710.980.670.830.230.870.830.75-0.030.920.830.460.14
0.680.960.510.60.880.880.990.830.870.450.980.270.450.840.880.780.521.00.830.92-0.040.730.630.630.46
0.660.90.60.530.830.750.920.770.760.450.920.30.450.80.960.630.50.930.750.92-0.110.580.470.570.36
0.25-0.010.410.690.00.10.00.040.13-0.24-0.010.21-0.24-0.02-0.230.18-0.22-0.03-0.03-0.04-0.110.180.190.260.32
0.350.850.50.750.910.940.680.910.910.460.810.590.460.90.440.930.120.760.920.730.580.180.950.420.16
0.230.760.410.70.840.90.60.840.870.340.720.590.340.810.320.940.10.660.830.630.470.190.950.30.06
0.940.570.460.530.480.460.610.540.540.350.590.220.350.470.640.4-0.10.630.460.630.570.260.420.30.87
0.880.320.180.350.190.20.480.20.340.050.37-0.170.050.140.430.220.070.430.140.460.360.320.160.060.87
Click cells to compare fundamentals

Laboratory Account Relationship Matchups

Laboratory fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding102.6M98.6M98M97.5M87.6M96.2M
Total Assets18.0B20.1B20.4B20.2B16.7B17.6B
Other Current Liab942.4M1.4B1.4B1.1B804M502.9M
Total Current Liabilities1.9B2.6B3.1B2.8B3.2B3.4B
Total Stockholder Equity7.6B9.4B10.3B10.1B7.9B8.3B
Property Plant And Equipment Net2.6B2.7B2.8B3.0B2.9B3.1B
Net Debt6.7B5.4B4.9B5.9B5.4B5.7B
Retained Earnings7.9B9.4B10.5B10.6B7.9B8.3B
Accounts Payable632.3M638.9M621.3M934.8M827.5M868.9M
Cash337.5M1.3B1.5B430M536.8M290.8M
Non Current Assets Total15.0B14.9B15.1B15.5B13.0B13.6B
Non Currrent Assets Other435.4M410M462.6M432.7M536.5M270.8M
Cash And Short Term Investments337.5M1.3B1.5B430M536.8M299.7M
Net Receivables2.0B3.0B3.0B3.0B2.1B2.2B
Liabilities And Stockholders Equity18.0B20.1B20.4B20.2B16.7B17.6B
Non Current Liabilities Total7.8B7.6B7.3B7.0B5.6B3.1B
Other Current Assets373.7M364.8M478.1M707M655.3M688.1M
Other Stockholder Equity26.8M110.3M(192M)(493.2M)38.4M36.5M
Total Liab10.5B10.7B10.1B10.1B8.8B9.3B
Total Current Assets3.0B5.1B5.3B4.6B3.8B4.0B
Short Long Term Debt Total7.1B6.8B6.3B6.3B6.0B6.3B
Intangible Assets4.0B4.0B3.7B3.9B3.3B2.0B
Short Term Debt621.1M575.4M199M492.8M1.2B1.2B
Inventory244.7M423.2M401.4M470.6M474.6M498.3M
Property Plant And Equipment Gross2.6B2.7B5.2B5.7B5.8B6.1B
Accumulated Other Comprehensive Income(372.4M)(161.9M)(192M)(493.2M)(59.3M)(62.3M)
Other Liab1.3B1.4B1.2B1.1B1.2B702.7M
Other Assets356.5M350.9M484.2M440.3M506.3M531.7M
Long Term Debt5.8B5.4B5.4B5.0B4.1B3.1B
Property Plant Equipment2.7B2.8B2.8B3.0B3.4B3.6B
Good Will7.9B7.8B8.0B8.1B6.1B4.4B
Current Deferred Revenue451M506.5M558.5M582.1M421.7M442.8M
Net Tangible Assets(4.3B)(2.4B)(1.4B)(2.0B)(1.8B)(1.9B)
Long Term Debt Total5.9B5.5B5.5B5.1B5.9B4.8B

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When determining whether Laboratory offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Laboratory'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 Laboratory Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Laboratory Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laboratory. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Laboratory Stock please use our How to Invest in Laboratory guide.
Note that the Laboratory information on this page should be used as a complementary analysis to other Laboratory'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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Laboratory's price analysis, check to measure Laboratory'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 Laboratory is operating at the current time. Most of Laboratory's value examination focuses on studying past and present price action to predict the probability of Laboratory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laboratory's price. Additionally, you may evaluate how the addition of Laboratory to your portfolios can decrease your overall portfolio volatility.
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Is Laboratory'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 Laboratory. If investors know Laboratory 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 Laboratory 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
(0.46)
Dividend Share
2.88
Earnings Share
4.33
Revenue Per Share
139.628
Quarterly Revenue Growth
0.035
The market value of Laboratory is measured differently than its book value, which is the value of Laboratory that is recorded on the company's balance sheet. Investors also form their own opinion of Laboratory's value that differs from its market value or its book value, called intrinsic value, which is Laboratory'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 Laboratory's market value can be influenced by many factors that don't directly affect Laboratory'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 Laboratory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Laboratory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laboratory'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.