LGI Historical Balance Sheet
LGI Stock | 2.95 0.02 0.68% |
Trend analysis of LGI balance sheet accounts such as Total Current Liabilities of 5.9 M provides information on LGI's total assets, liabilities, and equity, which is the actual value of LGI to its prevalent stockholders. By breaking down trends over time using LGI balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining LGI latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether LGI is a good buy for the upcoming year.
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About LGI Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of LGI at a specified time, usually calculated after every quarter, six months, or one year. LGI Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of LGI and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which LGI currently owns. An asset can also be divided into two categories, current and non-current.
LGI Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on LGI balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of LGI are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. 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.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Short Term Investments
Short Term Investments is an item under the current assets section of LGI balance sheet. It contains any investments LGI undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that LGI can easily liquidate in the marketplace.Most accounts from LGI's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into LGI current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 LGI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, LGI's Other Current Assets are comparatively stable compared to the past year. Accumulated Other Comprehensive Income is likely to gain to about 186.2 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 5.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 19.4M | 24.7M | 28.4M | 20.3M | Total Assets | 71.0M | 63.4M | 88.6M | 54.6M |
LGI balance sheet Correlations
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LGI Account Relationship Matchups
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LGI balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 35.6M | 39.2M | 71.0M | 63.4M | 88.6M | 54.6M | |
Short Long Term Debt Total | 20.8M | 21.2M | 19.4M | 24.7M | 28.4M | 20.3M | |
Other Current Liab | 802.9K | 1.8M | 2.4M | 4.1M | 4.8M | 5.0M | |
Total Current Liabilities | 2.1M | 3.5M | 16.7M | 4.0M | 7.2M | 5.9M | |
Total Stockholder Equity | 11.7M | 13.4M | 36.3M | 49.4M | 52.8M | 28.8M | |
Property Plant And Equipment Net | 27.7M | 28.6M | 35.5M | 42.4M | 55.8M | 35.5M | |
Net Debt | 19.8M | 20.3M | 1.3M | 1.4M | 22.2M | 13.2M | |
Retained Earnings | 5.0M | 6.3M | 9.7M | 15.8M | 20.4M | 21.4M | |
Accounts Payable | 1.3M | 556.9K | 1.1M | 935K | 893K | 954.0K | |
Cash | 973.4K | 928K | 18.1M | 52K | 2.4M | 4.4M | |
Non Current Assets Total | 30.5M | 32.3M | 40.0M | 47.4M | 67.4M | 40.3M | |
Non Currrent Assets Other | 1.6M | 1.4M | 1.7M | 1.5M | 6.9M | 7.2M | |
Cash And Short Term Investments | 973.4K | 928K | 18.1M | 2.4M | 2.8M | 5.2M | |
Net Receivables | 2.0M | 2.3M | 1.7M | 1.2M | 909K | 1.4M | |
Liabilities And Stockholders Equity | 35.6M | 39.2M | 71.0M | 88.6M | 101.9M | 52.1M | |
Non Current Liabilities Total | 21.8M | 22.4M | 18.1M | 10.0M | 28.6M | 19.9M | |
Other Current Assets | 2.1M | 3.7M | 2.4M | 13.4M | 17.9M | 18.8M | |
Total Liab | 23.9M | 25.8M | 34.7M | 14.0M | 35.8M | 25.8M | |
Total Current Assets | 5.0M | 6.9M | 31.0M | 16.0M | 21.2M | 14.3M | |
Accumulated Other Comprehensive Income | 563.7K | 624K | (5.2M) | 197K | 177.3K | 186.2K | |
Short Term Debt | 201.5K | 636K | 661K | 1.0M | 1.2M | 1.3M | |
Intangible Assets | 932.9K | 2.0M | 2.9M | 3.2M | 3.9M | 2.2M | |
Common Stock | 6.1M | 6.4M | 31.8M | 32.2M | 37.1M | 38.9M |
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Additional Tools for LGI Stock Analysis
When running LGI's price analysis, check to measure LGI'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 LGI is operating at the current time. Most of LGI's value examination focuses on studying past and present price action to predict the probability of LGI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LGI's price. Additionally, you may evaluate how the addition of LGI to your portfolios can decrease your overall portfolio volatility.