Legacy Total Current Liabilities from 2010 to 2024

LEGH Stock  USD 25.95  0.23  0.88%   
Legacy Housing's Total Current Liabilities is increasing with slightly volatile movements from year to year. Total Current Liabilities is predicted to flatten to about 36.9 M. Total Current Liabilities is the total amount of liabilities that Legacy Housing Corp is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2017-12-31
Previous Quarter
31.7 M
Current Value
32.4 M
Quarterly Volatility
8.9 M
 
Covid
Check Legacy Housing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Legacy Housing's main balance sheet or income statement drivers, such as Tax Provision of 9.4 M, Net Interest Income of 2.3 M or Interest Income of 3 M, as well as many indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.0359 or PTB Ratio of 1.87. Legacy financial statements analysis is a perfect complement when working with Legacy Housing Valuation or Volatility modules.
  
Check out the analysis of Legacy Housing Correlation against competitors.

Latest Legacy Housing's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Legacy Housing Corp over the last few years. Total Current Liabilities is an item on Legacy Housing balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Legacy Housing Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Legacy Housing's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Legacy Housing's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Legacy Total Current Liabilities Regression Statistics

Arithmetic Mean26,069,897
Geometric Mean23,065,928
Coefficient Of Variation51.48
Mean Deviation11,999,076
Median20,385,000
Standard Deviation13,420,247
Sample Variance180.1T
Range37.6M
R-Value0.82
Mean Square Error62.7T
R-Squared0.68
Significance0.0002
Slope2,468,193
Total Sum of Squares2521.4T

Legacy Total Current Liabilities History

202436.9 M
202337.3 M
202141.9 M
202036.4 M
201951.9 M
201820.4 M
201723.8 M

About Legacy Housing Financial Statements

Investors use fundamental indicators, such as Legacy Housing's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Legacy Housing's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Total Current Liabilities37.3 M36.9 M

Currently Active Assets on Macroaxis

When determining whether Legacy Housing Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Legacy Housing'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 Legacy Housing Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legacy Housing Corp Stock:
Check out the analysis of Legacy Housing Correlation against competitors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Household Durables space 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 Legacy Housing. If investors know Legacy 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 Legacy Housing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.18
Revenue Per Share
6.744
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0711
Return On Equity
0.1193
The market value of Legacy Housing Corp is measured differently than its book value, which is the value of Legacy that is recorded on the company's balance sheet. Investors also form their own opinion of Legacy Housing's value that differs from its market value or its book value, called intrinsic value, which is Legacy Housing'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 Legacy Housing's market value can be influenced by many factors that don't directly affect Legacy Housing'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 Legacy Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legacy Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legacy Housing'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.