Laboratory Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

LH Stock

USD 198.40 0.05 0.03%

Laboratory financial indicator trend analysis is infinitely more than just investigating Laboratory recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Laboratory is a good investment. Please check the relationship between Laboratory Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laboratory of. 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.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laboratory Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Laboratory's Non Currrent Assets Other and Property Plant And Equipment Net is 0.54. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Laboratory of, assuming nothing else is changed. The correlation between historical values of Laboratory's Non Currrent Assets Other and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Laboratory of are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Laboratory's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 of. 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.

As of now, Laboratory's Tax Provision is increasing as compared to previous years. The Laboratory's current Enterprise Value is estimated to increase to about 8.7 B, while Selling General Administrative is projected to decrease to under 1.1 B.

	2021	2022	2023	2024 (projected)
Gross Profit	5.6B	4.4B	3.1B	1.9B
Total Revenue	16.1B	14.9B	12.2B	12.8B

Gross Profit Total Revenue

Laboratory fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Intangible Assets	Short Term Debt	Inventory	Property Plant And Equipment Gross	Common Stock	Common Stock Total Equity
Common Stock Shares Outstanding		0.58	0.51	0.52	0.47	0.41	0.66	0.48	0.49	0.31	0.62	0.09	0.31	0.44	0.7	0.32	0.11	0.66	0.41	0.66	0.64	0.26	0.32	0.19	0.94	0.9
Total Assets	0.58		0.62	0.69	0.98	0.95	0.93	0.95	0.92	0.54	0.99	0.43	0.54	0.96	0.82	0.85	0.39	0.98	0.94	0.96	0.9	-0.01	0.85	0.76	0.57	0.32
Other Current Liab	0.51	0.62		0.81	0.65	0.55	0.45	0.68	0.47	0.53	0.6	0.53	0.53	0.68	0.53	0.4	-0.02	0.57	0.64	0.51	0.6	0.41	0.5	0.41	0.46	0.18
Total Current Liabilities	0.52	0.69	0.81		0.72	0.74	0.59	0.74	0.73	0.26	0.68	0.54	0.26	0.7	0.37	0.71	0.03	0.63	0.67	0.6	0.53	0.69	0.75	0.7	0.53	0.35
Total Stockholder Equity	0.47	0.98	0.65	0.72		0.96	0.84	0.98	0.92	0.56	0.95	0.53	0.56	0.99	0.72	0.87	0.28	0.92	0.97	0.88	0.83	0.0	0.91	0.84	0.48	0.19
Property Plant And Equipment Net	0.41	0.95	0.55	0.74	0.96		0.85	0.94	0.94	0.47	0.93	0.54	0.47	0.94	0.63	0.93	0.3	0.9	0.94	0.88	0.75	0.1	0.94	0.9	0.46	0.2
Net Debt	0.66	0.93	0.45	0.59	0.84	0.85		0.78	0.88	0.3	0.96	0.22	0.3	0.78	0.86	0.78	0.55	0.97	0.75	0.99	0.92	0.0	0.68	0.6	0.61	0.48
Retained Earnings	0.48	0.95	0.68	0.74	0.98	0.94	0.78		0.89	0.57	0.92	0.61	0.57	0.98	0.67	0.84	0.1	0.87	0.96	0.83	0.77	0.04	0.91	0.84	0.54	0.2
Accounts Payable	0.49	0.92	0.47	0.73	0.92	0.94	0.88	0.89		0.27	0.92	0.44	0.27	0.87	0.63	0.96	0.3	0.88	0.85	0.87	0.76	0.13	0.91	0.87	0.54	0.34
Cash	0.31	0.54	0.53	0.26	0.56	0.47	0.3	0.57	0.27		0.47	0.36	1.0	0.63	0.52	0.24	0.04	0.5	0.7	0.45	0.45	-0.24	0.46	0.34	0.35	0.05
Non Current Assets Total	0.62	0.99	0.6	0.68	0.95	0.93	0.96	0.92	0.92	0.47		0.39	0.47	0.92	0.85	0.83	0.43	0.99	0.9	0.98	0.92	-0.01	0.81	0.72	0.59	0.37
Non Currrent Assets Other	0.09	0.43	0.53	0.54	0.53	0.54	0.22	0.61	0.44	0.36	0.39		0.36	0.55	0.23	0.44	-0.36	0.32	0.52	0.27	0.3	0.21	0.59	0.59	0.22	-0.17
Cash And Short Term Investments	0.31	0.54	0.53	0.26	0.56	0.47	0.3	0.57	0.27	1.0	0.47	0.36		0.63	0.52	0.25	0.04	0.5	0.71	0.45	0.45	-0.24	0.46	0.34	0.35	0.05
Net Receivables	0.44	0.96	0.68	0.7	0.99	0.94	0.78	0.98	0.87	0.63	0.92	0.55	0.63		0.7	0.83	0.22	0.89	0.98	0.84	0.8	-0.02	0.9	0.81	0.47	0.14
Non Current Liabilities Total	0.7	0.82	0.53	0.37	0.72	0.63	0.86	0.67	0.63	0.52	0.85	0.23	0.52	0.7		0.48	0.46	0.88	0.67	0.88	0.96	-0.23	0.44	0.32	0.64	0.43
Other Current Assets	0.32	0.85	0.4	0.71	0.87	0.93	0.78	0.84	0.96	0.24	0.83	0.44	0.25	0.83	0.48		0.29	0.79	0.83	0.78	0.63	0.18	0.93	0.94	0.4	0.22
Other Stockholder Equity	0.11	0.39	-0.02	0.03	0.28	0.3	0.55	0.1	0.3	0.04	0.43	-0.36	0.04	0.22	0.46	0.29		0.47	0.23	0.52	0.5	-0.22	0.12	0.1	-0.1	0.07
Total Liab	0.66	0.98	0.57	0.63	0.92	0.9	0.97	0.87	0.88	0.5	0.99	0.32	0.5	0.89	0.88	0.79	0.47		0.87	1.0	0.93	-0.03	0.76	0.66	0.63	0.43
Total Current Assets	0.41	0.94	0.64	0.67	0.97	0.94	0.75	0.96	0.85	0.7	0.9	0.52	0.71	0.98	0.67	0.83	0.23	0.87		0.83	0.75	-0.03	0.92	0.83	0.46	0.14
Short Long Term Debt Total	0.66	0.96	0.51	0.6	0.88	0.88	0.99	0.83	0.87	0.45	0.98	0.27	0.45	0.84	0.88	0.78	0.52	1.0	0.83		0.92	-0.04	0.73	0.63	0.63	0.46
Intangible Assets	0.64	0.9	0.6	0.53	0.83	0.75	0.92	0.77	0.76	0.45	0.92	0.3	0.45	0.8	0.96	0.63	0.5	0.93	0.75	0.92		-0.11	0.58	0.47	0.57	0.36
Short Term Debt	0.26	-0.01	0.41	0.69	0.0	0.1	0.0	0.04	0.13	-0.24	-0.01	0.21	-0.24	-0.02	-0.23	0.18	-0.22	-0.03	-0.03	-0.04	-0.11		0.18	0.19	0.26	0.32
Inventory	0.32	0.85	0.5	0.75	0.91	0.94	0.68	0.91	0.91	0.46	0.81	0.59	0.46	0.9	0.44	0.93	0.12	0.76	0.92	0.73	0.58	0.18		0.95	0.42	0.16
Property Plant And Equipment Gross	0.19	0.76	0.41	0.7	0.84	0.9	0.6	0.84	0.87	0.34	0.72	0.59	0.34	0.81	0.32	0.94	0.1	0.66	0.83	0.63	0.47	0.19	0.95		0.3	0.06
Common Stock	0.94	0.57	0.46	0.53	0.48	0.46	0.61	0.54	0.54	0.35	0.59	0.22	0.35	0.47	0.64	0.4	-0.1	0.63	0.46	0.63	0.57	0.26	0.42	0.3		0.87
Common Stock Total Equity	0.9	0.32	0.18	0.35	0.19	0.2	0.48	0.2	0.34	0.05	0.37	-0.17	0.05	0.14	0.43	0.22	0.07	0.43	0.14	0.46	0.36	0.32	0.16	0.06	0.87

Click cells to compare fundamentals

Laboratory Account Relationship Matchups

Laboratory fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	98.6M	98M	97.5M	91.6M	87.6M	96.0M
Total Assets	18.0B	20.1B	20.4B	20.2B	16.7B	17.6B
Other Current Liab	942.4M	1.4B	1.4B	1.1B	804M	502.9M
Total Current Liabilities	1.9B	2.6B	3.1B	2.8B	3.2B	3.4B
Total Stockholder Equity	7.6B	9.4B	10.3B	10.1B	7.9B	8.3B
Property Plant And Equipment Net	2.6B	2.7B	2.8B	3.0B	2.9B	3.1B
Net Debt	6.7B	5.4B	4.9B	5.9B	5.4B	5.7B
Retained Earnings	7.9B	9.4B	10.5B	10.6B	7.9B	8.3B
Accounts Payable	632.3M	638.9M	621.3M	934.8M	827.5M	868.9M
Cash	337.5M	1.3B	1.5B	430M	536.8M	290.8M
Non Current Assets Total	15.0B	14.9B	15.1B	15.5B	13.0B	13.6B
Non Currrent Assets Other	435.4M	410M	462.6M	432.7M	536.5M	270.8M
Cash And Short Term Investments	337.5M	1.3B	1.5B	430M	536.8M	299.7M
Net Receivables	2.0B	3.0B	3.0B	3.0B	2.1B	2.2B
Liabilities And Stockholders Equity	18.0B	20.1B	20.4B	20.2B	16.7B	17.6B
Non Current Liabilities Total	7.8B	7.6B	7.3B	7.0B	5.6B	3.1B
Other Current Assets	373.7M	364.8M	478.1M	707M	655.3M	688.1M
Other Stockholder Equity	26.8M	110.3M	(192M)	(493.2M)	38.4M	36.5M
Total Liab	10.5B	10.7B	10.1B	10.1B	8.8B	9.3B
Total Current Assets	3.0B	5.1B	5.3B	4.6B	3.8B	4.0B
Short Long Term Debt Total	7.1B	6.8B	6.3B	6.3B	6.0B	6.3B
Intangible Assets	4.0B	4.0B	3.7B	3.9B	3.3B	2.0B
Short Term Debt	621.1M	575.4M	199M	492.8M	1.2B	1.2B
Inventory	244.7M	423.2M	401.4M	470.6M	474.6M	498.3M
Property Plant And Equipment Gross	2.6B	2.7B	5.2B	5.7B	5.8B	6.1B
Accumulated Other Comprehensive Income	(372.4M)	(161.9M)	(192M)	(493.2M)	(59.3M)	(62.3M)
Other Liab	1.3B	1.4B	1.2B	1.1B	1.2B	702.7M
Other Assets	356.5M	350.9M	484.2M	440.3M	506.3M	531.7M
Long Term Debt	5.8B	5.4B	5.4B	5.0B	4.1B	3.1B
Property Plant Equipment	2.7B	2.8B	2.8B	3.0B	3.4B	3.6B
Good Will	7.9B	7.8B	8.0B	8.1B	6.1B	4.4B
Current Deferred Revenue	451M	506.5M	558.5M	582.1M	421.7M	442.8M
Net Tangible Assets	(4.3B)	(2.4B)	(1.4B)	(2.0B)	(1.8B)	(1.9B)
Long Term Debt Total	5.9B	5.5B	5.5B	5.1B	5.9B	4.8B

Laboratory Investors Sentiment

The influence of Laboratory's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Laboratory. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Laboratory's public news can be used to forecast risks associated with an investment in Laboratory. The trend in average sentiment can be used to explain how an investor holding Laboratory can time the market purely based on public headlines and social activities around Laboratory of. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Laboratory's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Laboratory's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Laboratory's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Laboratory.

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 Laboratory 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, Laboratory's short interest history, or implied volatility extrapolated from Laboratory options trading.

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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 Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Laboratory Of Stock:

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laboratory of. 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.

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 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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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.

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Laboratory Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Property Plant And Equipment Net

Laboratory fundamental ratios Correlations

Laboratory Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Laboratory fundamental ratios Accounts

Laboratory Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Laboratory Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 1.0	Total Liab
Non Current Assets Total	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Stockholder Equity
Short Long Term Debt Total	+ 0.99	Net Debt
Total Liab	+ 0.99	Non Current Assets Total

Other Stockholder Equity	- 0.36	Non Currrent Assets Other
Short Term Debt	- 0.24	Cash And Short Term Investments
Short Term Debt	- 0.24	Cash
Short Term Debt	- 0.23	Non Current Liabilities Total
Short Term Debt	- 0.22	Other Stockholder Equity
Common Stock Total Equity	- 0.17	Non Currrent Assets Other