| LGCY Stock | | | USD 8.64 1.04 10.74% |
Legacy Education financial indicator trend analysis is infinitely more than just investigating Legacy Education recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Legacy Education is a good investment. Please check the relationship between Legacy Education Income Before Tax and its Tax Provision accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
For more information on how to buy Legacy Stock please use our
How to Invest in Legacy Education guide.
Income Before Tax vs Tax Provision
Income Before Tax vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Legacy Education Income Before Tax account and
Tax Provision. At this time, the significance of the direction appears to have totally related.
The correlation between Legacy Education's Income Before Tax and Tax Provision is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Legacy Education, assuming nothing else is changed. The correlation between historical values of Legacy Education's Income Before Tax and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Legacy Education are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Income Before Tax i.e., Legacy Education's Income Before Tax and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Legacy Education income statement and is an important metric when analyzing Legacy Education 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.
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Legacy Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Legacy Education 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 Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
For more information on how to buy Legacy Stock please use our
How to Invest in Legacy Education guide.At this time, Legacy Education's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 77.1
M in 2025, whereas Tax Provision is likely to drop slightly above 1.4
M in 2025.
Legacy Education fundamental ratios Correlations
Click cells to compare fundamentals
Legacy Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Legacy Education fundamental ratios Accounts
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Additional Tools for Legacy Stock Analysis
When running Legacy Education's price analysis, check to
measure Legacy Education'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 Legacy Education is operating at the current time. Most of Legacy Education's value examination focuses on studying past and present price action to
predict the probability of Legacy Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legacy Education's price. Additionally, you may evaluate how the addition of Legacy Education to your portfolios can decrease your overall portfolio volatility.