Legacy Net Debt vs Gross Profit Margin Analysis
LEGH Stock | USD 25.66 0.09 0.35% |
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 Net Debt and its Gross Profit Margin 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.
Net Debt vs Gross Profit Margin
Net Debt vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legacy Housing Corp Net Debt account and Gross Profit Margin. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Legacy Housing's Net Debt and Gross Profit Margin is -0.6. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Gross Profit Margin 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 Net Debt and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Legacy Housing Corp are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Debt i.e., Legacy Housing's Net Debt and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Gross Profit Margin
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 Sales General And Administrative To Revenue is increasing as compared to previous years. The Legacy Housing's current Enterprise Value Over EBITDA is estimated to increase to 10.70, while Tax Provision is projected to decrease to under 9.4 M.
2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.8M | 1.7M | 1.3M | Interest Income | 2.1M | 2.8M | 3.0M |
Legacy Housing fundamental ratios Correlations
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Legacy Housing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Legacy Housing fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 235.0M | 283.6M | 338.6M | 366.7M | 506.7M | 341.8M | |
Short Long Term Debt Total | 17.6M | 30.9M | 51.0M | 23.2M | 25.6M | 28.9M | |
Other Current Liab | 16.3M | 7.7M | 30.2M | 9.4M | 24.4M | 16.4M | |
Total Current Liabilities | 20.4M | 51.9M | 36.4M | 41.9M | 37.3M | 36.9M | |
Total Stockholder Equity | 189.3M | 222.4M | 259.2M | 309.4M | 436.7M | 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 | 17.1M | 23.1M | 29.8M | 36.9M | 47.3M | 29.5M | |
Current Deferred Revenue | 2.2M | 1.6M | 3.6M | 7.7M | 4.1M | 3.7M | |
Net Debt | 15.0M | 29.1M | 35.4M | 7.0M | 24.8M | 22.1M | |
Retained Earnings | 21.5M | 50.4M | 88.4M | 138.2M | 259.8M | 272.7M | |
Accounts Payable | 2.8M | 5.2M | 10.2M | 4.2M | 4.1M | 4.1M | |
Cash | 2.6M | 1.7M | 768K | 1.0M | 748K | 936K | |
Non Current Assets Total | 171.9M | 230.7M | 283.7M | 274.1M | 398.9M | 263.5M | |
Non Currrent Assets Other | 205.8M | 251.8M | 3.0M | 234.2M | 351.6M | 200.6M | |
Other Assets | 209.6M | 261.0M | 237.2M | 288.1M | 331.4M | 221.7M | |
Long Term Debt | 2.0M | 36.2M | 8.0M | 2.5M | 23.7M | 18.7M | |
Cash And Short Term Investments | 2.6M | 1.7M | 768K | 1.0M | 748K | 950.6K | |
Net Receivables | 19.2M | 23.7M | 5.1M | 45.8M | 69.0M | 72.5M | |
Common Stock Total Equity | 124.3M | 24K | 25K | 30K | 27K | 25.7K | |
Common Stock Shares Outstanding | 24.4M | 24.2M | 24.2M | 24.3M | 25.1M | 25.6M | |
Long Term Debt Total | 17.4M | 2.0M | 36.2M | 2.5M | 2.3M | 2.2M | |
Liabilities And Stockholders Equity | 235.0M | 283.6M | 338.6M | 366.7M | 506.7M | 333.0M | |
Non Current Liabilities Total | 25.4M | 9.3M | 43.0M | 15.3M | 32.7M | 25.1M | |
Inventory | 27.2M | 27.2M | 42M | 41.2M | 33.2M | 38.7M | |
Other Current Assets | 2.9M | 4.9M | 3.2M | 4.5M | 4.9M | 3.9M | |
Other Stockholder Equity | 173.0M | 172.0M | 170.8M | 171.1M | 176.9M | 137.0M | |
Total Liab | 45.8M | 61.2M | 79.4M | 57.3M | 70.0M | 51.9M | |
Property Plant And Equipment Gross | 23.1M | 29.8M | 45.1M | 51.0M | 57.8M | 34.0M | |
Total Current Assets | 63.1M | 53.0M | 55.0M | 92.5M | 107.9M | 78.3M | |
Non Current Liabilities Other | 5.5M | 4.2M | 4.3M | 7.6M | 5.3M | 4.6M | |
Short Term Debt | 228K | 28.9M | 14.9M | 20.7M | 978K | 929.1K | |
Property Plant Equipment | 21.0M | 22.6M | 36.9M | 37.1M | 42.7M | 24.8M | |
Net Invested Capital | 253.3M | 295.4M | 317.4M | 384.6M | 460.4M | 330.2M | |
Net Working Capital | 1.0M | 18.6M | 50.6M | 65.6M | 70.6M | 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: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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.