Live Total Operating Expenses vs Income Before Tax Analysis

LIVE Stock  USD 25.87  0.07  0.27%   
Live Ventures financial indicator trend analysis is infinitely more than just investigating Live Ventures recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Live Ventures is a good investment. Please check the relationship between Live Ventures Total Operating Expenses and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Live Stock refer to our How to Trade Live Stock guide.

Total Operating Expenses vs Income Before Tax

Total Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Live Ventures Total Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have very week relationship.
The correlation between Live Ventures' Total Operating Expenses and Income Before Tax is 0.29. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Live Ventures, assuming nothing else is changed. The correlation between historical values of Live Ventures' Total Operating Expenses and Income Before Tax 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 Operating Expenses of Live Ventures are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Operating Expenses i.e., Live Ventures' Total Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Live Ventures income statement and is an important metric when analyzing Live Ventures profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Live Ventures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Live Ventures 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 Live Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Live Stock refer to our How to Trade Live Stock guide.At present, Live Ventures' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 23.62, whereas Selling General Administrative is forecasted to decline to about 74.1 M.
 2021 2022 2023 2024 (projected)
Total Revenue286.9M355.2M408.4M428.9M
Interest Expense4.2M12.7M14.7M15.4M

Live Ventures fundamental ratios Correlations

0.920.970.970.991.00.860.960.331.00.860.331.00.620.630.391.01.00.9-0.51.00.88-0.04-0.430.981.0
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0.970.910.940.970.950.910.890.330.970.850.340.970.630.580.420.950.980.82-0.530.950.78-0.09-0.460.940.98
0.990.910.940.970.990.890.920.330.990.870.330.990.570.580.320.990.990.89-0.460.990.87-0.06-0.40.980.99
1.00.90.970.950.990.840.960.31.00.860.310.990.60.660.371.00.990.92-0.491.00.9-0.04-0.420.980.99
0.860.780.780.910.890.840.720.20.860.870.210.860.290.360.090.840.860.74-0.450.840.74-0.24-0.210.860.88
0.960.860.930.890.920.960.720.260.960.830.270.950.620.680.450.970.950.91-0.480.960.89-0.02-0.450.940.95
0.330.440.370.330.330.30.20.260.30.141.00.310.4-0.040.370.320.360.130.040.320.150.45-0.170.330.34
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0.860.750.790.850.870.860.870.830.140.870.140.860.40.430.250.860.860.85-0.460.860.83-0.29-0.330.890.87
0.330.450.380.340.330.310.210.271.00.310.140.320.41-0.040.370.330.370.140.040.330.150.45-0.170.340.35
1.00.920.950.970.990.990.860.950.310.990.860.320.620.630.390.991.00.89-0.480.990.87-0.04-0.430.981.0
0.620.610.70.630.570.60.290.620.40.60.40.410.620.70.820.60.630.43-0.460.60.360.34-0.670.560.61
0.630.440.690.580.580.660.360.68-0.040.650.43-0.040.630.70.510.640.610.65-0.420.650.610.01-0.410.580.6
0.390.420.480.420.320.370.090.450.370.370.250.370.390.820.510.370.410.18-0.40.360.110.29-0.650.390.39
1.00.910.970.950.991.00.840.970.321.00.860.330.990.60.640.370.990.92-0.491.00.9-0.03-0.420.980.99
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0.90.740.850.820.890.920.740.910.130.920.850.140.890.430.650.180.920.88-0.340.920.99-0.26-0.290.880.88
-0.5-0.53-0.55-0.53-0.46-0.49-0.45-0.480.04-0.51-0.460.04-0.48-0.46-0.42-0.4-0.49-0.49-0.34-0.48-0.25-0.260.78-0.47-0.5
1.00.90.970.950.991.00.840.960.321.00.860.330.990.60.650.361.00.990.92-0.480.9-0.03-0.410.980.99
0.880.710.810.780.870.90.740.890.150.890.830.150.870.360.610.110.90.860.99-0.250.9-0.25-0.170.870.86
-0.040.150.05-0.09-0.06-0.04-0.24-0.020.45-0.06-0.290.45-0.040.340.010.29-0.03-0.03-0.26-0.26-0.03-0.25-0.23-0.02-0.05
-0.43-0.47-0.48-0.46-0.4-0.42-0.21-0.45-0.17-0.43-0.33-0.17-0.43-0.67-0.41-0.65-0.42-0.44-0.290.78-0.41-0.17-0.23-0.41-0.43
0.980.890.920.940.980.980.860.940.330.970.890.340.980.560.580.390.980.980.88-0.470.980.87-0.02-0.410.98
1.00.920.960.980.990.990.880.950.340.990.870.351.00.610.60.390.991.00.88-0.50.990.86-0.05-0.430.98
Click cells to compare fundamentals

Live Ventures Account Relationship Matchups

Live Ventures fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets197.3M211.7M278.6M421.8M485.1M509.3M
Other Current Liab23.8M28.8M16.1M27.2M31.3M32.9M
Total Current Liabilities57.4M65.0M56.4M97.8M112.5M118.1M
Total Stockholder Equity43.9M75.5M97.6M100.1M115.2M120.9M
Property Plant And Equipment Net61.3M66.1M98.2M135.2M155.5M163.3M
Net Debt107.0M89.5M139.1M240.2M276.2M290.1M
Retained Earnings(16.4M)14.8M39.5M39.0M35.1M36.8M
Accounts Payable12.9M10.6M10.9M27.2M31.3M32.8M
Cash9.0M4.7M4.6M4.3M5.0M3.6M
Non Current Assets Total101.3M112.9M143.8M239.0M274.8M288.5M
Non Currrent Assets Other223K682K647K1.3M1.2M982.6K
Cash And Short Term Investments9.0M4.7M4.6M4.3M5.0M3.7M
Net Receivables20.1M21.6M30.1M42.3M48.7M51.1M
Common Stock Shares Outstanding3.5M3.2M3.2M3.2M3.6M3.8M
Liabilities And Stockholders Equity197.3M211.7M278.6M421.8M485.1M509.3M
Other Current Assets520K180K2.5M4.9M5.7M5.9M
Other Stockholder Equity60.4M60.8M58.1M61.2M70.4M36.1M
Total Liab153.6M136.7M181.5M321.7M369.9M388.4M
Total Current Assets95.9M98.8M134.8M182.9M210.3M220.8M
Intangible Assets1.1M4.7M3.8M26.6M30.6M32.1M
Short Long Term Debt Total116.0M94.2M143.7M244.5M281.2M295.3M
Current Deferred Revenue169K241K384K4.6M5.3M5.5M
Other Assets5.0M32.1M682K647K744.1K706.8K
Non Current Liabilities Total96.2M71.7M125.1M223.9M201.5M191.4M
Inventory64.5M70.7M97.7M131.3M151.0M158.6M
Property Plant And Equipment Gross30.4M66.1M125.0M135.2M155.5M163.3M
Accumulated Other Comprehensive Income(11.5M)4K7K0.06.3K6.6K
Short Term Debt20.5M25.3M29.0M38.8M44.6M46.9M
Property Plant Equipment22.6M30.4M66.1M64.6M74.3M78.0M
Other Liab654K734K2.8M10.4M12.0M12.6M
Long Term Debt63.4M39.6M62.7M124.6M143.3M150.5M
Good Will37.8M41.5M41.1M75.9M87.2M91.6M
Net Tangible Assets(5.0M)5.1M29.4M52.7M60.6M63.6M
Retained Earnings Total Equity(22.7M)(27.4M)(16.4M)39.5M45.4M47.7M
Capital Surpluse63.7M63.9M64.5M65.3M75.1M54.8M
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 Live Ventures 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, Live Ventures' short interest history, or implied volatility extrapolated from Live Ventures options trading.

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When determining whether Live Ventures is a strong investment it is important to analyze Live Ventures' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Live Ventures' future performance. For an informed investment choice regarding Live Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Live Stock refer to our How to Trade Live Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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Is Live Ventures' 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 Live Ventures. If investors know Live 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 Live Ventures 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
(0.70)
Earnings Share
(0.85)
Revenue Per Share
127.791
Quarterly Revenue Growth
0.705
Return On Assets
0.0252
The market value of Live Ventures is measured differently than its book value, which is the value of Live that is recorded on the company's balance sheet. Investors also form their own opinion of Live Ventures' value that differs from its market value or its book value, called intrinsic value, which is Live Ventures' 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 Live Ventures' market value can be influenced by many factors that don't directly affect Live Ventures' 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 Live Ventures' value and its price as these two are different measures arrived at by different means. Investors typically determine if Live Ventures is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Live Ventures' 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.