LZB Selling General Administrative vs Income Before Tax Analysis
LZB Stock | USD 33.11 0.04 0.12% |
La Z financial indicator trend analysis is infinitely more than just investigating La Z Boy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether La Z Boy is a good investment. Please check the relationship between La Z Selling General Administrative and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Selling General Administrative vs Income Before Tax
Selling General Administrative vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of La Z Boy Selling General Administrative account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between La Z's Selling General Administrative and Income Before Tax is 0.77. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of La Z Boy Incorporated, assuming nothing else is changed. The correlation between historical values of La Z's Selling General Administrative 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 Selling General Administrative of La Z Boy Incorporated 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 Selling General Administrative i.e., La Z's Selling General Administrative and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on La Z income statement and is an important metric when analyzing La Z Boy 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 La Z's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into La Z Boy 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 La Z Boy Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At present, La Z's Discontinued Operations 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 7.04, whereas Selling General Administrative is forecasted to decline to about 389.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 916.0M | 1.0B | 1.2B | 1.2B | Total Revenue | 2.4B | 2.3B | 2.7B | 1.5B |
La Z fundamental ratios Correlations
Click cells to compare fundamentals
La Z Account Relationship Matchups
High Positive Relationship
High Negative Relationship
La Z fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.8B | 1.9B | 1.9B | 2.1B | 2.3B | |
Short Long Term Debt Total | 409.5M | 362.6M | 430.1M | 445.9M | 512.8M | 538.4M | |
Other Current Liab | 97.5M | 160.7M | 174.2M | 139.9M | 160.9M | 97.5M | |
Total Current Liabilities | 350.2M | 611.7M | 675.7M | 475.9M | 547.2M | 574.6M | |
Total Stockholder Equity | 700.8M | 773.5M | 810.7M | 941.8M | 1.1B | 1.1B | |
Property Plant And Equipment Net | 533.4M | 563.0M | 658.9M | 694.8M | 799.1M | 839.0M | |
Net Debt | 148.0M | (28.6M) | 184.5M | 102.5M | 92.3M | 96.9M | |
Retained Earnings | 343.6M | 399.0M | 431.2M | 545.2M | 626.9M | 658.3M | |
Cash | 261.6M | 391.2M | 245.6M | 343.4M | 394.9M | 414.6M | |
Non Current Assets Total | 808.6M | 860.2M | 980.3M | 1.0B | 1.2B | 1.2B | |
Non Currrent Assets Other | 38.6M | 44.2M | 48.0M | 45.0M | 51.8M | 41.3M | |
Cash And Short Term Investments | 261.6M | 391.2M | 245.6M | 343.4M | 394.9M | 414.6M | |
Net Receivables | 99.4M | 139.3M | 183.7M | 125.5M | 113.0M | 157.4M | |
Common Stock Shares Outstanding | 46.7M | 46.4M | 44.3M | 43.2M | 38.9M | 42.2M | |
Liabilities And Stockholders Equity | 1.4B | 1.8B | 1.9B | 1.9B | 2.1B | 2.3B | |
Non Current Liabilities Total | 368.4M | 392.5M | 436.8M | 438.3M | 504.1M | 529.3M | |
Inventory | 181.6M | 226.1M | 303.2M | 276.3M | 317.7M | 167.1M | |
Other Current Assets | 81.8M | 166.0M | 216.0M | 106.1M | 122.0M | 128.2M | |
Other Stockholder Equity | 318.2M | 330.6M | 342.3M | 358.9M | 412.7M | 433.4M | |
Total Liab | 718.6M | 1.0B | 1.1B | 914.2M | 1.1B | 1.1B | |
Property Plant And Equipment Gross | 533.4M | 563.0M | 1.1B | 1.1B | 1.3B | 1.4B | |
Total Current Assets | 626.3M | 926.2M | 951.8M | 854.6M | 982.8M | 525.2M | |
Accumulated Other Comprehensive Income | (7.0M) | (1.5M) | (5.8M) | (5.5M) | (6.4M) | (6.7M) | |
Short Term Debt | 139.4M | 67.6M | 75.3M | 77.8M | 89.4M | 93.9M | |
Intangible Assets | 28.7M | 30.4M | 34.0M | 39.4M | 35.4M | 38.4M | |
Accounts Payable | 55.5M | 94.2M | 104.0M | 107.5M | 123.6M | 62.2M | |
Good Will | 161.0M | 175.8M | 194.6M | 205.0M | 235.8M | 247.5M | |
Common Stock Total Equity | 45.9M | 45.4M | 43.1M | 43.3M | 49.8M | 51.3M | |
Short Term Investments | 22.0M | 20.6M | 17.4M | 6.4M | 5.8M | 5.5M | |
Common Stock | 45.9M | 45.4M | 43.1M | 43.3M | 49.8M | 51.3M | |
Other Liab | 98.3M | 97.5M | 81.9M | 70.1M | 80.7M | 74.6M | |
Other Assets | 59.4M | 90.9M | 58.7M | 53.9M | 48.5M | 53.9M | |
Property Plant Equipment | 214.8M | 219.2M | 253.1M | 278.6M | 320.4M | 205.9M | |
Current Deferred Revenue | 57.8M | 289.2M | 322.2M | 150.7M | 173.3M | 182.0M | |
Net Tangible Assets | 781.2M | 862.3M | 937.0M | 1.1B | 1.2B | 691.5M | |
Noncontrolling Interest In Consolidated Entity | 15.6M | 8.6M | 8.9M | 10.3M | 11.8M | 11.2M | |
Retained Earnings Total Equity | 343.6M | 399.0M | 431.2M | 545.2M | 626.9M | 345.0M | |
Long Term Debt Total | 0.0 | 473K | 350K | 225K | 202.5K | 192.4K | |
Capital Surpluse | 318.2M | 330.6M | 342.3M | 358.9M | 412.7M | 324.2M |
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 ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the La Z Boy information on this page should be used as a complementary analysis to other La Z'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for LZB Stock analysis
When running La Z's price analysis, check to measure La Z'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 La Z is operating at the current time. Most of La Z's value examination focuses on studying past and present price action to predict the probability of La Z's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move La Z's price. Additionally, you may evaluate how the addition of La Z to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Is La Z'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 La Z. If investors know LZB 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 La Z 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 (0.10) | Dividend Share 0.745 | Earnings Share 2.7 | Revenue Per Share 47.71 | Quarterly Revenue Growth (0.13) |
The market value of La Z Boy is measured differently than its book value, which is the value of LZB that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z'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 La Z's market value can be influenced by many factors that don't directly affect La Z'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 La Z's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Z is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z'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.