Legacy Long Term Debt Total vs Cash And Short Term Investments Analysis

LEGH Stock

USD 24.69 0.29 1.19%

Legacy Housing financial indicator trend analysis is infinitely more than just investigating Legacy Housing Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Legacy Housing Corp is a good investment. Please check the relationship between Legacy Housing Long Term Debt Total and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Housing Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Long Term Debt Total vs Cash And Short Term Investments

Long Term Debt Total vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legacy Housing Corp Long Term Debt Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Legacy Housing's Long Term Debt Total and Cash And Short Term Investments is -0.24. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Legacy Housing Corp, assuming nothing else is changed. The correlation between historical values of Legacy Housing's Long Term Debt Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Legacy Housing Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Long Term Debt Total i.e., Legacy Housing's Long Term Debt Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

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Long Term Debt Total

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Legacy Housing Corp balance sheet. This account contains Legacy Housing investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Legacy Housing Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Legacy Housing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Legacy Housing Corp 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 Legacy Housing Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

As of now, Legacy Housing's Enterprise Value Over EBITDA is decreasing as compared to previous years. The Legacy Housing's current Enterprise Value Multiple is estimated to increase to 10.70, while Tax Provision is projected to decrease to under 9.4 M.

	2023	2024	2025 (projected)
Depreciation And Amortization	1.7M	2.0M	1.3M
Interest Income	2.8M	3.2M	3.4M

Depreciation And Amortization Interest Income

Legacy Housing fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		-0.65	0.81	0.78	1.0	0.91	0.97	0.99	0.71	-0.65	0.91	-0.02	-0.22	1.0	0.72	0.96	-0.6	-0.22	0.79	-0.79	0.9	-0.8	-0.59	0.44	0.91	0.83
Short Long Term Debt Total	-0.65		-0.74	-0.6	-0.7	-0.79	-0.73	-0.69	-0.6	0.93	-0.68	0.55	-0.48	-0.62	-0.38	-0.64	0.87	-0.48	-0.5	0.8	-0.47	0.91	0.87	-0.61	-0.79	-0.8
Other Current Liab	0.81	-0.74		0.69	0.83	0.74	0.76	0.81	0.64	-0.68	0.75	-0.29	0.02	0.79	0.36	0.71	-0.64	0.02	0.5	-0.7	0.72	-0.8	-0.66	0.55	0.83	0.74
Total Current Liabilities	0.78	-0.6	0.69		0.79	0.72	0.83	0.81	0.72	-0.7	0.74	0.16	-0.01	0.79	0.53	0.87	-0.84	-0.01	0.54	-0.87	0.87	-0.86	-0.83	0.38	0.93	0.88
Total Stockholder Equity	1.0	-0.7	0.83	0.79		0.92	0.97	0.99	0.72	-0.7	0.91	-0.06	-0.16	0.99	0.7	0.96	-0.65	-0.16	0.78	-0.81	0.88	-0.83	-0.63	0.46	0.93	0.85
Other Liab	0.91	-0.79	0.74	0.72	0.92		0.92	0.9	0.67	-0.73	0.86	-0.26	0.04	0.89	0.74	0.88	-0.69	0.04	0.81	-0.8	0.83	-0.84	-0.66	0.63	0.88	0.83
Net Tangible Assets	0.97	-0.73	0.76	0.83	0.97	0.92		0.99	0.82	-0.78	0.88	-0.04	-0.12	0.96	0.64	0.98	-0.73	-0.12	0.73	-0.85	0.86	-0.86	-0.71	0.52	0.94	0.88
Property Plant And Equipment Net	0.99	-0.69	0.81	0.81	0.99	0.9	0.99		0.78	-0.72	0.91	-0.02	-0.19	0.99	0.67	0.97	-0.67	-0.19	0.75	-0.82	0.88	-0.83	-0.65	0.46	0.93	0.86
Current Deferred Revenue	0.71	-0.6	0.64	0.72	0.72	0.67	0.82	0.78		-0.79	0.65	0.01	-0.17	0.68	0.25	0.79	-0.68	-0.17	0.41	-0.7	0.69	-0.7	-0.65	0.72	0.71	0.71
Net Debt	-0.65	0.93	-0.68	-0.7	-0.7	-0.73	-0.78	-0.72	-0.79		-0.69	0.29	-0.37	-0.63	-0.31	-0.72	0.92	-0.37	-0.42	0.87	-0.52	0.9	0.91	-0.64	-0.79	-0.86
Retained Earnings	0.91	-0.68	0.75	0.74	0.91	0.86	0.88	0.91	0.65	-0.69		-0.11	-0.17	0.9	0.82	0.87	-0.63	-0.17	0.9	-0.79	0.85	-0.84	-0.62	0.47	0.86	0.78
Accounts Payable	-0.02	0.55	-0.29	0.16	-0.06	-0.26	-0.04	-0.02	0.01	0.29	-0.11		-0.37	0.03	0.04	0.13	0.23	-0.37	-0.15	-0.05	0.16	0.28	0.23	-0.37	-0.1	0.05
Cash	-0.22	-0.48	0.02	-0.01	-0.16	0.04	-0.12	-0.19	-0.17	-0.37	-0.17	-0.37		-0.22	-0.2	-0.18	-0.42	1.0	-0.27	-0.28	-0.31	-0.23	-0.44	0.14	0.04	0.26
Non Current Assets Total	1.0	-0.62	0.79	0.79	0.99	0.89	0.96	0.99	0.68	-0.63	0.9	0.03	-0.22		0.73	0.96	-0.59	-0.22	0.78	-0.79	0.9	-0.78	-0.58	0.38	0.91	0.84
Non Currrent Assets Other	0.72	-0.38	0.36	0.53	0.7	0.74	0.64	0.67	0.25	-0.31	0.82	0.04	-0.2	0.73		0.69	-0.33	-0.19	0.95	-0.57	0.72	-0.56	-0.32	0.18	0.62	0.56
Other Assets	0.96	-0.64	0.71	0.87	0.96	0.88	0.98	0.97	0.79	-0.72	0.87	0.13	-0.18	0.96	0.69		-0.7	-0.18	0.73	-0.86	0.9	-0.82	-0.68	0.42	0.93	0.89
Long Term Debt	-0.6	0.87	-0.64	-0.84	-0.65	-0.69	-0.73	-0.67	-0.68	0.92	-0.63	0.23	-0.42	-0.59	-0.33	-0.7		-0.42	-0.39	0.88	-0.57	0.94	1.0	-0.5	-0.85	-0.86
Cash And Short Term Investments	-0.22	-0.48	0.02	-0.01	-0.16	0.04	-0.12	-0.19	-0.17	-0.37	-0.17	-0.37	1.0	-0.22	-0.19	-0.18	-0.42		-0.27	-0.28	-0.31	-0.24	-0.44	0.14	0.04	0.26
Net Receivables	0.79	-0.5	0.5	0.54	0.78	0.81	0.73	0.75	0.41	-0.42	0.9	-0.15	-0.27	0.78	0.95	0.73	-0.39	-0.27		-0.57	0.76	-0.64	-0.37	0.36	0.68	0.56
Common Stock Total Equity	-0.79	0.8	-0.7	-0.87	-0.81	-0.8	-0.85	-0.82	-0.7	0.87	-0.79	-0.05	-0.28	-0.79	-0.57	-0.86	0.88	-0.28	-0.57		-0.74	0.91	0.88	-0.49	-0.89	-0.99
Common Stock Shares Outstanding	0.9	-0.47	0.72	0.87	0.88	0.83	0.86	0.88	0.69	-0.52	0.85	0.16	-0.31	0.9	0.72	0.9	-0.57	-0.31	0.76	-0.74		-0.73	-0.56	0.46	0.86	0.77
Long Term Debt Total	-0.8	0.91	-0.8	-0.86	-0.83	-0.84	-0.86	-0.83	-0.7	0.9	-0.84	0.28	-0.23	-0.78	-0.56	-0.82	0.94	-0.24	-0.64	0.91	-0.73		0.94	-0.53	-0.95	-0.9
Non Current Liabilities Total	-0.59	0.87	-0.66	-0.83	-0.63	-0.66	-0.71	-0.65	-0.65	0.91	-0.62	0.23	-0.44	-0.58	-0.32	-0.68	1.0	-0.44	-0.37	0.88	-0.56	0.94		-0.47	-0.84	-0.85
Inventory	0.44	-0.61	0.55	0.38	0.46	0.63	0.52	0.46	0.72	-0.64	0.47	-0.37	0.14	0.38	0.18	0.42	-0.5	0.14	0.36	-0.49	0.46	-0.53	-0.47		0.43	0.5
Other Current Assets	0.91	-0.79	0.83	0.93	0.93	0.88	0.94	0.93	0.71	-0.79	0.86	-0.1	0.04	0.91	0.62	0.93	-0.85	0.04	0.68	-0.89	0.86	-0.95	-0.84	0.43		0.92
Other Stockholder Equity	0.83	-0.8	0.74	0.88	0.85	0.83	0.88	0.86	0.71	-0.86	0.78	0.05	0.26	0.84	0.56	0.89	-0.86	0.26	0.56	-0.99	0.77	-0.9	-0.85	0.5	0.92

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Legacy Housing Account Relationship Matchups

Legacy Housing fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	283.6M	338.6M	366.7M	506.7M	582.8M	341.8M
Short Long Term Debt Total	30.9M	51.0M	23.2M	25.6M	23.0M	28.9M
Other Current Liab	7.7M	30.2M	9.4M	24.4M	28.0M	16.4M
Total Current Liabilities	51.9M	36.4M	41.9M	37.3M	42.9M	36.9M
Total Stockholder Equity	222.4M	259.2M	309.4M	436.7M	502.2M	270.4M
Other Liab	7.3M	6.8M	7.3M	8.6M	9.9M	8.0M
Net Tangible Assets	222.4M	259.2M	309.4M	382.1M	439.4M	251.8M
Property Plant And Equipment Net	23.1M	29.8M	36.9M	47.3M	54.4M	29.5M
Current Deferred Revenue	1.6M	3.6M	7.7M	4.1M	4.8M	3.7M
Net Debt	29.1M	35.4M	7.0M	24.8M	22.3M	22.1M
Retained Earnings	50.4M	88.4M	138.2M	259.8M	298.7M	313.7M
Accounts Payable	5.2M	10.2M	4.2M	4.1M	3.7M	4.1M
Cash	1.7M	768K	1.0M	748K	673.2K	936K
Non Current Assets Total	230.7M	283.7M	274.1M	398.9M	458.7M	263.5M
Non Currrent Assets Other	251.8M	3.0M	234.2M	351.6M	404.3M	424.5M
Other Assets	209.6M	261.0M	237.2M	288.1M	331.4M	221.7M
Long Term Debt	36.2M	8.0M	2.5M	23.7M	21.3M	18.7M
Cash And Short Term Investments	1.7M	768K	1.0M	748K	673.2K	950.6K
Net Receivables	23.7M	5.1M	45.8M	69.0M	79.4M	83.4M
Common Stock Shares Outstanding	24.2M	24.2M	24.3M	25.1M	28.8M	25.6M
Long Term Debt Total	17.4M	2.0M	36.2M	2.5M	2.3M	2.2M
Liabilities And Stockholders Equity	283.6M	338.6M	366.7M	506.7M	582.8M	333.0M
Non Current Liabilities Total	9.3M	43.0M	15.3M	32.7M	29.4M	25.1M
Inventory	27.2M	42M	41.2M	33.2M	38.2M	38.7M
Other Current Assets	4.9M	3.2M	4.5M	4.9M	5.7M	3.9M
Other Stockholder Equity	172.0M	170.8M	171.1M	176.9M	203.5M	137.0M
Total Liab	61.2M	79.4M	57.3M	70.0M	63.0M	51.9M
Property Plant And Equipment Gross	29.8M	45.1M	51.0M	57.8M	66.4M	34.0M
Total Current Assets	53.0M	55.0M	92.5M	107.9M	124.1M	78.3M
Non Current Liabilities Other	4.2M	4.3M	7.6M	5.3M	4.7M	4.6M
Short Term Debt	28.9M	14.9M	20.7M	978K	1.1M	1.1M
Property Plant Equipment	21.0M	22.6M	36.9M	37.1M	42.7M	24.8M
Net Invested Capital	295.4M	317.4M	384.6M	460.4M	529.5M	330.2M
Net Working Capital	18.6M	50.6M	65.6M	70.6M	81.1M	44.8M

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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:

How To Invest In Legacy

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Is Legacy Stock a good investment?

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What is Legacy Housing's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Housing Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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.

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Legacy Long Term Debt Total vs Cash And Short Term Investments Analysis

Long Term Debt Total vs Cash And Short Term Investments

Long Term Debt Total vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Long Term Debt Total

Cash And Short Term Investments

Legacy Housing fundamental ratios Correlations

Legacy Housing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Legacy Housing fundamental ratios Accounts

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Long Term Debt
Property Plant And Equipment Net	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.99	Common Stock Total Equity
Other Current Assets	- 0.95	Long Term Debt Total
Other Stockholder Equity	- 0.9	Long Term Debt Total
Other Current Assets	- 0.89	Common Stock Total Equity
Common Stock Total Equity	- 0.87	Total Current Liabilities
Other Stockholder Equity	- 0.86	Long Term Debt