LZB Total Stockholder Equity vs Common Stock Shares Outstanding Analysis

LZB Stock  USD 35.48  1.15  3.35%   
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 Total Stockholder Equity and its Common Stock Shares Outstanding 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.

Total Stockholder Equity vs Common Stock Shares Outstanding

Total Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of La Z Boy Total Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between La Z's Total Stockholder Equity and Common Stock Shares Outstanding is -0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding 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 Total Stockholder Equity and Common Stock Shares Outstanding 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 Stockholder Equity of La Z Boy Incorporated are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Stockholder Equity i.e., La Z's Total Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Profit916.0M1.0B1.2B1.2B
Total Revenue2.4B2.3B2.7B1.5B

La Z fundamental ratios Correlations

0.940.790.960.960.980.740.960.950.990.860.95-0.04-0.940.980.790.880.870.980.950.820.820.770.820.910.25
0.940.660.910.830.980.890.890.910.960.730.91-0.26-0.860.990.650.810.690.960.950.720.940.810.720.870.01
0.790.660.850.710.710.490.670.70.750.850.70.1-0.770.720.920.870.70.80.670.950.520.60.910.710.21
0.960.910.850.850.930.750.850.90.940.830.90.04-0.860.940.780.970.760.990.890.850.780.760.830.870.13
0.960.830.710.850.920.580.970.910.950.840.910.0-0.940.890.780.740.960.880.910.740.710.690.780.870.42
0.980.980.710.930.920.830.950.930.990.790.93-0.17-0.921.00.730.840.790.980.980.760.880.810.770.910.12
0.740.890.490.750.580.830.670.630.790.540.63-0.34-0.680.840.490.710.40.810.820.530.890.780.520.74-0.29
0.960.890.670.850.970.950.670.910.960.790.91-0.11-0.950.920.720.730.860.90.960.690.740.780.760.90.23
0.950.910.70.90.910.930.630.910.930.781.0-0.13-0.860.940.690.770.820.930.880.780.810.680.780.820.29
0.990.960.750.940.950.990.790.960.930.850.93-0.15-0.950.980.760.850.840.970.960.770.860.830.790.940.16
0.860.730.850.830.840.790.540.790.780.850.78-0.01-0.910.80.870.790.80.830.750.840.640.730.880.870.25
0.950.910.70.90.910.930.630.911.00.930.78-0.13-0.860.940.690.770.820.930.880.780.810.680.780.820.29
-0.04-0.260.10.040.0-0.17-0.34-0.11-0.13-0.15-0.01-0.130.17-0.180.10.140.15-0.06-0.10.05-0.4-0.390.01-0.240.51
-0.94-0.86-0.77-0.86-0.94-0.92-0.68-0.95-0.86-0.95-0.91-0.860.17-0.9-0.82-0.77-0.85-0.89-0.91-0.77-0.75-0.83-0.82-0.94-0.17
0.980.990.720.940.891.00.840.920.940.980.80.94-0.18-0.90.720.850.770.980.960.770.90.810.770.90.1
0.790.650.920.780.780.730.490.720.690.760.870.690.1-0.820.720.780.790.760.720.950.530.530.950.690.36
0.880.810.870.970.740.840.710.730.770.850.790.770.14-0.770.850.780.680.920.790.840.690.70.790.80.09
0.870.690.70.760.960.790.40.860.820.840.80.820.15-0.850.770.790.680.780.760.730.60.50.730.750.63
0.980.960.80.990.880.980.810.90.930.970.830.93-0.06-0.890.980.760.920.780.940.830.850.80.810.90.12
0.950.950.670.890.910.980.820.960.880.960.750.88-0.1-0.910.960.720.790.760.940.710.80.790.770.870.1
0.820.720.950.850.740.760.530.690.780.770.840.780.05-0.770.770.950.840.730.830.710.620.530.960.680.31
0.820.940.520.780.710.880.890.740.810.860.640.81-0.4-0.750.90.530.690.60.850.80.620.720.570.780.01
0.770.810.60.760.690.810.780.780.680.830.730.68-0.39-0.830.810.530.70.50.80.790.530.720.590.94-0.34
0.820.720.910.830.780.770.520.760.780.790.880.780.01-0.820.770.950.790.730.810.770.960.570.590.720.25
0.910.870.710.870.870.910.740.90.820.940.870.82-0.24-0.940.90.690.80.750.90.870.680.780.940.72-0.01
0.250.010.210.130.420.12-0.290.230.290.160.250.290.51-0.170.10.360.090.630.120.10.310.01-0.340.25-0.01
Click cells to compare fundamentals

La Z Account Relationship Matchups

La Z fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.8B1.9B1.9B2.1B2.3B
Short Long Term Debt Total409.5M362.6M430.1M445.9M512.8M538.4M
Other Current Liab97.5M160.7M174.2M139.9M160.9M97.5M
Total Current Liabilities350.2M611.7M675.7M475.9M547.2M574.6M
Total Stockholder Equity700.8M773.5M810.7M941.8M1.1B1.1B
Property Plant And Equipment Net533.4M563.0M658.9M694.8M799.1M839.0M
Net Debt148.0M(28.6M)184.5M102.5M92.3M96.9M
Retained Earnings343.6M399.0M431.2M545.2M626.9M658.3M
Cash261.6M391.2M245.6M343.4M394.9M414.6M
Non Current Assets Total808.6M860.2M980.3M1.0B1.2B1.2B
Non Currrent Assets Other38.6M44.2M48.0M45.0M51.8M41.3M
Cash And Short Term Investments261.6M391.2M245.6M343.4M394.9M414.6M
Net Receivables99.4M139.3M183.7M125.5M113.0M157.4M
Common Stock Shares Outstanding46.7M46.4M44.3M43.2M38.9M42.2M
Liabilities And Stockholders Equity1.4B1.8B1.9B1.9B2.1B2.3B
Non Current Liabilities Total368.4M392.5M436.8M438.3M504.1M529.3M
Inventory181.6M226.1M303.2M276.3M317.7M167.1M
Other Current Assets81.8M166.0M216.0M106.1M122.0M128.2M
Other Stockholder Equity318.2M330.6M342.3M358.9M412.7M433.4M
Total Liab718.6M1.0B1.1B914.2M1.1B1.1B
Property Plant And Equipment Gross533.4M563.0M1.1B1.1B1.3B1.4B
Total Current Assets626.3M926.2M951.8M854.6M982.8M525.2M
Accumulated Other Comprehensive Income(7.0M)(1.5M)(5.8M)(5.5M)(6.4M)(6.7M)
Short Term Debt139.4M67.6M75.3M77.8M89.4M93.9M
Intangible Assets28.7M30.4M34.0M39.4M35.4M38.4M
Accounts Payable55.5M94.2M104.0M107.5M123.6M62.2M
Good Will161.0M175.8M194.6M205.0M235.8M247.5M
Common Stock Total Equity45.9M45.4M43.1M43.3M49.8M51.3M
Short Term Investments22.0M20.6M17.4M6.4M5.8M5.5M
Common Stock45.9M45.4M43.1M43.3M49.8M51.3M
Other Liab98.3M97.5M81.9M70.1M80.7M74.6M
Other Assets59.4M90.9M58.7M53.9M48.5M53.9M
Property Plant Equipment214.8M219.2M253.1M278.6M320.4M205.9M
Current Deferred Revenue57.8M289.2M322.2M150.7M173.3M182.0M
Net Tangible Assets781.2M862.3M937.0M1.1B1.2B691.5M
Noncontrolling Interest In Consolidated Entity15.6M8.6M8.9M10.3M11.8M11.2M
Retained Earnings Total Equity343.6M399.0M431.2M545.2M626.9M345.0M
Long Term Debt Total0.0473K350K225K202.5K192.4K
Capital Surpluse318.2M330.6M342.3M358.9M412.7M324.2M

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When determining whether La Z Boy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La Z'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 La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:
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.
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 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 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.
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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.