Laboratory Total Stockholder Equity vs Net Invested Capital Analysis

LH Stock  USD 242.15  0.00  0.00%   
Laboratory financial indicator trend analysis is infinitely more than just investigating Laboratory recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Laboratory is a good investment. Please check the relationship between Laboratory Total Stockholder Equity and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laboratory of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Total Stockholder Equity vs Net Invested Capital

Total Stockholder Equity vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laboratory Total Stockholder Equity account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Laboratory's Total Stockholder Equity and Net Invested Capital is 0.63. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Laboratory of, assuming nothing else is changed. The correlation between historical values of Laboratory's Total Stockholder Equity and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Laboratory of are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Stockholder Equity i.e., Laboratory's Total Stockholder Equity and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Laboratory's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Laboratory 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 Laboratory of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
As of now, Laboratory's Tax Provision is increasing as compared to previous years. The Laboratory's current Enterprise Value is estimated to increase to about 7.8 B, while Selling General Administrative is projected to decrease to under 1.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit5.6B4.4B3.4B2.0B
Total Revenue16.1B14.9B12.2B12.8B

Laboratory fundamental ratios Correlations

0.580.480.520.470.410.660.480.50.310.620.090.310.480.70.10.110.660.410.710.640.260.320.190.940.9
0.580.520.690.980.950.930.950.920.540.990.430.540.950.820.550.390.980.940.840.90.060.850.760.570.32
0.480.520.720.540.440.430.580.450.150.520.380.150.420.450.62-0.090.470.460.620.540.380.390.370.430.21
0.520.690.720.720.740.590.740.730.260.680.540.260.690.370.450.030.630.670.60.530.740.750.70.530.35
0.470.980.540.720.960.840.980.920.560.950.530.560.960.720.620.280.920.970.760.830.090.910.840.480.19
0.410.950.440.740.960.850.940.950.470.930.540.470.920.630.60.30.90.940.690.750.190.940.90.460.2
0.660.930.430.590.840.850.780.890.30.960.220.30.790.860.450.550.970.750.870.920.040.680.60.610.48
0.480.950.580.740.980.940.780.890.570.920.610.570.940.670.640.110.870.960.720.770.120.910.840.540.2
0.50.920.450.730.920.950.890.890.280.920.430.280.830.640.640.330.890.850.70.770.20.910.860.550.37
0.310.540.150.260.560.470.30.570.280.470.361.00.710.520.040.040.50.70.470.45-0.140.460.340.350.05
0.620.990.520.680.950.930.960.920.920.470.390.470.910.850.530.430.990.90.870.920.060.810.720.590.37
0.090.430.380.540.530.540.220.610.430.360.390.360.520.230.37-0.360.320.520.320.30.280.590.590.22-0.17
0.310.540.150.260.560.470.30.570.281.00.470.360.710.520.040.040.50.710.470.45-0.130.460.340.350.05
0.480.950.420.690.960.920.790.940.830.710.910.520.710.710.390.290.90.970.740.790.10.860.750.490.2
0.70.820.450.370.720.630.860.670.640.520.850.230.520.710.310.460.880.670.950.96-0.210.440.320.640.43
0.10.550.620.450.620.60.450.640.640.040.530.370.040.390.31-0.020.460.570.360.430.030.650.680.2-0.03
0.110.39-0.090.030.280.30.550.110.330.040.43-0.360.040.290.46-0.020.480.230.440.51-0.20.120.1-0.10.07
0.660.980.470.630.920.90.970.870.890.50.990.320.50.90.880.460.480.870.890.930.030.760.660.630.43
0.410.940.460.670.970.940.750.960.850.70.90.520.710.970.670.570.230.870.690.750.070.920.830.460.14
0.710.840.620.60.760.690.870.720.70.470.870.320.470.740.950.360.440.890.690.960.070.520.40.640.43
0.640.90.540.530.830.750.920.770.770.450.920.30.450.790.960.430.510.930.750.96-0.080.580.470.570.36
0.260.060.380.740.090.190.040.120.2-0.140.060.28-0.130.1-0.210.03-0.20.030.070.07-0.080.280.280.270.31
0.320.850.390.750.910.940.680.910.910.460.810.590.460.860.440.650.120.760.920.520.580.280.950.420.16
0.190.760.370.70.840.90.60.840.860.340.720.590.340.750.320.680.10.660.830.40.470.280.950.30.06
0.940.570.430.530.480.460.610.540.550.350.590.220.350.490.640.2-0.10.630.460.640.570.270.420.30.87
0.90.320.210.350.190.20.480.20.370.050.37-0.170.050.20.43-0.030.070.430.140.430.360.310.160.060.87
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Laboratory Account Relationship Matchups

Laboratory fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding98.6M98M97.5M91.6M87.6M96.0M
Total Assets18.0B20.1B20.4B20.2B16.7B17.6B
Other Current Liab942.4M784.2M967M1.6B504.3M478.7M
Total Current Liabilities1.9B2.6B3.1B2.8B3.2B3.4B
Total Stockholder Equity7.6B9.4B10.3B10.1B7.9B8.3B
Property Plant And Equipment Net2.6B2.7B2.8B3.0B2.9B3.1B
Net Debt6.7B5.4B4.9B5.9B5.4B5.7B
Retained Earnings7.9B9.4B10.5B10.6B7.9B8.3B
Accounts Payable632.3M638.9M621.3M852.2M827.5M868.9M
Cash337.5M1.3B1.5B430M536.8M290.8M
Non Current Assets Total15.0B14.9B15.1B15.5B13.0B13.6B
Non Currrent Assets Other435.4M410M462.6M432.7M536.5M270.8M
Cash And Short Term Investments337.5M1.3B1.5B430M536.8M299.7M
Net Receivables2.0B3.0B3.0B2.0B2.1B2.2B
Liabilities And Stockholders Equity18.0B20.1B20.4B20.2B16.7B17.6B
Non Current Liabilities Total7.8B7.6B7.3B7.0B5.6B3.1B
Other Current Assets373.7M364.8M478.1M2.4B655.3M688.1M
Other Stockholder Equity26.8M110.3M(192M)(493.2M)38.4M36.5M
Total Liab10.5B10.7B10.1B10.1B8.8B9.3B
Total Current Assets3.0B5.1B5.3B4.6B3.8B4.0B
Short Long Term Debt Total7.1B6.8B6.3B6.3B6.0B3.0B
Intangible Assets4.0B4.0B3.7B3.9B3.3B2.0B
Short Term Debt621.1M774.1M396.5M471.1M1.3B1.4B
Inventory244.7M423.2M401.4M470.6M474.6M498.3M
Property Plant And Equipment Gross2.6B2.7B5.2B5.7B5.8B6.1B
Accumulated Other Comprehensive Income(372.4M)(161.9M)(192M)(493.2M)(59.3M)(62.3M)
Other Liab1.3B1.4B1.2B1.1B1.2B702.7M
Other Assets356.5M350.9M484.2M440.3M506.3M531.7M
Long Term Debt5.8B5.4B5.4B5.0B4.1B3.1B
Property Plant Equipment2.7B2.8B2.8B3.0B3.4B3.6B
Good Will7.9B7.8B8.0B8.1B6.1B4.4B
Current Deferred Revenue451M506.5M558.5M582.1M421.7M442.8M
Net Tangible Assets(4.3B)(2.4B)(1.4B)(2.0B)(1.8B)(1.9B)
Long Term Debt Total5.9B5.5B5.5B5.1B5.9B4.8B

Currently Active Assets on Macroaxis

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laboratory of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Health Care Providers & Services 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 Laboratory. If investors know Laboratory 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 Laboratory listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
2.88
Earnings Share
5.28
Revenue Per Share
151.028
Quarterly Revenue Growth
0.074
The market value of Laboratory is measured differently than its book value, which is the value of Laboratory that is recorded on the company's balance sheet. Investors also form their own opinion of Laboratory's value that differs from its market value or its book value, called intrinsic value, which is Laboratory'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 Laboratory's market value can be influenced by many factors that don't directly affect Laboratory'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 Laboratory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Laboratory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laboratory'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.