LivaNova Income Tax Expense vs Inventory Turnover Analysis

LIVN Stock  USD 55.87  1.48  2.72%   
LivaNova PLC financial indicator trend analysis is infinitely more than just investigating LivaNova PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LivaNova PLC is a good investment. Please check the relationship between LivaNova PLC Income Tax Expense and its Inventory Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LivaNova PLC. 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.
To learn how to invest in LivaNova Stock, please use our How to Invest in LivaNova PLC guide.

Income Tax Expense vs Inventory Turnover

Income Tax Expense vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LivaNova PLC Income Tax Expense account and Inventory Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between LivaNova PLC's Income Tax Expense and Inventory Turnover is -0.09. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of LivaNova PLC, assuming nothing else is changed. The correlation between historical values of LivaNova PLC's Income Tax Expense and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of LivaNova PLC are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Income Tax Expense i.e., LivaNova PLC's Income Tax Expense and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Most indicators from LivaNova PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LivaNova PLC 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 LivaNova PLC. 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.
To learn how to invest in LivaNova Stock, please use our How to Invest in LivaNova PLC guide.At this time, LivaNova PLC's Tax Provision is very stable compared to the past year. As of the 28th of March 2024, Issuance Of Capital Stock is likely to grow to 0.00, while Selling General Administrative is likely to drop about 253.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit706M707.2M785.5M824.7M
Total Revenue1.0B1.0B1.2B1.2B

LivaNova PLC fundamental ratios Correlations

0.570.720.860.960.980.68-0.550.980.370.980.460.340.810.790.950.80.960.930.850.89-0.270.960.98-0.50.99
0.570.550.360.350.560.65-0.860.480.80.470.20.790.520.890.430.410.670.790.740.74-0.240.380.65-0.10.61
0.720.550.80.650.750.58-0.640.690.370.670.320.350.670.510.610.620.780.710.650.710.110.650.76-0.240.77
0.860.360.80.830.850.55-0.530.810.20.880.220.170.760.520.770.660.860.80.660.690.050.820.85-0.440.88
0.960.350.650.830.950.53-0.320.980.20.960.50.170.750.60.970.80.880.780.760.81-0.180.990.91-0.550.93
0.980.560.750.850.950.68-0.50.990.340.980.460.310.780.760.970.790.940.90.850.86-0.220.960.96-0.420.97
0.680.650.580.550.530.68-0.590.620.130.70.490.10.630.790.590.340.660.80.460.55-0.420.550.670.050.7
-0.55-0.86-0.64-0.53-0.32-0.5-0.59-0.43-0.75-0.45-0.13-0.73-0.57-0.77-0.35-0.43-0.72-0.77-0.67-0.710.2-0.32-0.680.35-0.64
0.980.480.690.810.980.990.62-0.430.30.970.470.270.740.710.990.80.920.850.830.85-0.260.980.95-0.50.96
0.370.80.370.20.20.340.13-0.750.30.22-0.061.00.250.640.260.450.520.540.750.67-0.180.210.5-0.350.42
0.980.470.670.880.960.980.7-0.450.970.220.440.190.780.730.960.750.920.890.780.8-0.260.970.94-0.430.96
0.460.20.320.220.50.460.49-0.130.47-0.060.44-0.080.520.360.440.560.420.350.210.43-0.280.470.42-0.250.45
0.340.790.350.170.170.310.1-0.730.271.00.19-0.080.230.620.240.420.50.510.730.65-0.150.180.47-0.330.39
0.810.520.670.760.750.780.63-0.570.740.250.780.520.230.640.70.610.810.780.610.74-0.070.760.79-0.40.81
0.790.890.510.520.60.760.79-0.770.710.640.730.360.620.640.690.570.820.930.820.83-0.520.630.83-0.250.8
0.950.430.610.770.970.970.59-0.350.990.260.960.440.240.70.690.790.880.820.810.8-0.280.970.91-0.470.92
0.80.410.620.660.80.790.34-0.430.80.450.750.560.420.610.570.790.810.680.810.79-0.230.810.83-0.620.81
0.960.670.780.860.880.940.66-0.720.920.520.920.420.50.810.820.880.810.950.890.94-0.230.880.99-0.580.99
0.930.790.710.80.780.90.8-0.770.850.540.890.350.510.780.930.820.680.950.870.88-0.340.80.95-0.370.95
0.850.740.650.660.760.850.46-0.670.830.750.780.210.730.610.820.810.810.890.870.91-0.310.780.91-0.50.86
0.890.740.710.690.810.860.55-0.710.850.670.80.430.650.740.830.80.790.940.880.91-0.240.810.93-0.590.91
-0.27-0.240.110.05-0.18-0.22-0.420.2-0.26-0.18-0.26-0.28-0.15-0.07-0.52-0.28-0.23-0.23-0.34-0.31-0.24-0.21-0.280.14-0.27
0.960.380.650.820.990.960.55-0.320.980.210.970.470.180.760.630.970.810.880.80.780.81-0.210.91-0.490.92
0.980.650.760.850.910.960.67-0.680.950.50.940.420.470.790.830.910.830.990.950.910.93-0.280.91-0.560.99
-0.5-0.1-0.24-0.44-0.55-0.420.050.35-0.5-0.35-0.43-0.25-0.33-0.4-0.25-0.47-0.62-0.58-0.37-0.5-0.590.14-0.49-0.56-0.54
0.990.610.770.880.930.970.7-0.640.960.420.960.450.390.810.80.920.810.990.950.860.91-0.270.920.99-0.54
Click cells to compare fundamentals

LivaNova PLC Account Relationship Matchups

LivaNova PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.4B2.2B2.3B2.4B2.6B
Short Long Term Debt Total383.7M697.8M275.4M571M640.4M672.4M
Other Current Liab342.6M215.2M390.9M189.5M216.9M227.8M
Total Current Liabilities512.6M309.1M697M297.4M335.0M351.7M
Total Stockholder Equity1.4B1.1B1.3B1.2B1.3B1.3B
Property Plant And Equipment Net235.8M214.3M190.7M183M205.0M215.3M
Net Debt322.6M445M67.4M356.8M62.5M65.7M
Retained Earnings(406.8M)(752.4M)(897.8M)(984.0M)(966.5M)(918.2M)
Cash61.1M252.8M208M214.2M577.9M606.8M
Non Current Assets Total1.9B1.7B1.5B1.4B1.4B1.5B
Non Currrent Assets Other7.4M83.5M13.1M70.6M12.1M15.3M
Cash And Short Term Investments61.1M252.8M208M214.2M577.9M606.8M
Common Stock Shares Outstanding48.3M48.6M50.6M53.5M54.2M31.9M
Liabilities And Stockholders Equity2.4B2.4B2.2B2.3B2.4B2.6B
Non Current Liabilities Total515.5M983.5M209.4M789.8M817.0M857.8M
Inventory164.2M126.7M105.8M129.4M147.9M155.3M
Other Current Assets28.5M24.8M35.8M25M47.3M49.7M
Other Stockholder Equity1.7B1.8B2.1B2.2B2.2B2.3B
Total Liab1.0B1.3B906.4M1.1B1.2B1.2B
Property Plant And Equipment Gross235.7M214.3M190.7M183M401.1M421.1M
Total Current Assets549.4M719.4M679.2M886.1M988.2M1.0B
Accumulated Other Comprehensive Income(19.4M)27.8M(7.2M)(48.1M)(27.9M)(26.5M)
Short Term Debt77.4M13.3M229.7M23.4M26.5M25.1M
Net Receivables257.8M184.4M185.4M183.1M215.1M225.8M
Common Stock Total Equity76.1M76.3M76.3M82.3M94.6M99.4M
Common Stock76.3M76.3M82.3M82.4M82.5M86.7M
Long Term Debt260.3M642.3M9.8M518.1M568.5M597.0M
Property Plant Equipment235.7M163.8M190.7M183.0M210.5M221.0M
Other Liab209.1M299M163.7M242.1M278.5M292.4M
Current Deferred Revenue6.7M6.9M8.4M10.2M10.7M10.2M
Treasury Stock(1.5M)(1.3M)(1.0M)(650K)(747.5K)(784.9K)
Intangible Assets607.5M437.6M399.7M368.6M261.2M344.0M
Net Tangible Assets(139.6M)(241.1M)(4.6M)70.3M63.3M116.1M
Good Will915.8M922.3M899.5M768.8M782.9M895.7M
Long Term Investments27.3M103.4M16.6M16.3M22.8M31.0M
Short Long Term Debt77.4M13.3M229.7M23.4M18.1M17.2M

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether LivaNova PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LivaNova PLC'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 Livanova Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Livanova Plc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LivaNova PLC. 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.
To learn how to invest in LivaNova Stock, please use our How to Invest in LivaNova PLC guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for LivaNova Stock analysis

When running LivaNova PLC's price analysis, check to measure LivaNova PLC'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 LivaNova PLC is operating at the current time. Most of LivaNova PLC's value examination focuses on studying past and present price action to predict the probability of LivaNova PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LivaNova PLC's price. Additionally, you may evaluate how the addition of LivaNova PLC to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
CEOs Directory
Screen CEOs from public companies around the world
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Is LivaNova PLC'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 LivaNova PLC. If investors know LivaNova 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 LivaNova PLC 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
9.026
Earnings Share
0.32
Revenue Per Share
21.386
Quarterly Revenue Growth
0.128
Return On Assets
0.0176
The market value of LivaNova PLC is measured differently than its book value, which is the value of LivaNova that is recorded on the company's balance sheet. Investors also form their own opinion of LivaNova PLC's value that differs from its market value or its book value, called intrinsic value, which is LivaNova PLC'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 LivaNova PLC's market value can be influenced by many factors that don't directly affect LivaNova PLC'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 LivaNova PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if LivaNova PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LivaNova PLC'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.