Leons Payables Turnover vs Capex To Revenue Analysis

LNF Stock  CAD 27.12  0.46  1.73%   
Leons Furniture financial indicator trend analysis is infinitely more than just investigating Leons Furniture recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leons Furniture is a good investment. Please check the relationship between Leons Furniture Payables Turnover and its Capex To Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leons Furniture Limited. 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.

Payables Turnover vs Capex To Revenue

Payables Turnover vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leons Furniture Payables Turnover account and Capex To Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Leons Furniture's Payables Turnover and Capex To Revenue is -0.66. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Leons Furniture Limited, assuming nothing else is changed. The correlation between historical values of Leons Furniture's Payables Turnover and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Leons Furniture Limited are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Payables Turnover i.e., Leons Furniture's Payables Turnover and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Leons Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leons Furniture 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 Leons Furniture Limited. 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, Leons Furniture's Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Tax Provision is likely to grow to about 46.8 M, while Sales General And Administrative To Revenue is likely to drop 0.16.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.1B1.1B570.4M
Total Revenue2.5B2.5B2.5B1.3B

Leons Furniture fundamental ratios Correlations

0.250.730.90.90.910.520.880.750.480.880.330.440.750.140.770.83-0.320.910.540.920.020.88-0.120.660.65
0.250.10.140.230.430.290.25-0.10.090.220.060.260.11-0.380.280.110.30.230.240.240.480.280.270.120.1
0.730.10.890.670.750.060.590.380.810.670.430.790.67-0.180.40.72-0.120.780.770.890.270.90.310.440.86
0.90.140.890.740.810.220.690.580.730.740.230.660.620.150.530.72-0.120.860.560.940.220.930.020.560.65
0.90.230.670.740.860.340.990.670.420.760.330.480.72-0.010.570.76-0.430.710.520.890.090.760.170.660.74
0.910.430.750.810.860.430.820.50.570.790.350.580.66-0.040.670.71-0.260.820.630.890.140.820.180.570.71
0.520.290.060.220.340.430.380.5-0.350.730.47-0.40.64-0.050.910.64-0.360.630.350.19-0.260.32-0.60.360.22
0.880.250.590.690.990.820.380.70.340.760.310.410.720.020.590.75-0.440.690.460.850.070.730.120.670.68
0.75-0.10.380.580.670.50.50.70.130.730.330.040.690.330.70.73-0.370.70.220.6-0.410.62-0.450.750.37
0.480.090.810.730.420.57-0.350.340.130.280.030.950.180.030.030.250.040.450.40.720.230.690.480.230.54
0.880.220.670.740.760.790.730.760.730.280.590.230.91-0.050.920.95-0.430.970.660.74-0.090.85-0.260.60.72
0.330.060.430.230.330.350.470.310.330.030.590.030.78-0.610.540.69-0.260.530.80.3-0.160.45-0.060.270.68
0.440.260.790.660.480.58-0.40.410.040.950.230.030.17-0.14-0.050.230.090.370.440.720.40.650.680.240.6
0.750.110.670.620.720.660.640.720.690.180.910.780.17-0.320.790.98-0.40.850.80.68-0.050.77-0.140.610.82
0.14-0.38-0.180.15-0.01-0.04-0.050.020.330.03-0.05-0.61-0.14-0.320.01-0.21-0.08-0.01-0.67-0.01-0.33-0.08-0.470.06-0.47
0.770.280.40.530.570.670.910.590.70.030.920.54-0.050.790.010.82-0.390.870.50.52-0.290.65-0.490.50.46
0.830.110.720.720.760.710.640.750.730.250.950.690.230.98-0.210.82-0.420.920.760.75-0.030.84-0.180.650.81
-0.320.3-0.12-0.12-0.43-0.26-0.36-0.44-0.370.04-0.43-0.260.09-0.4-0.08-0.39-0.42-0.3-0.16-0.20.42-0.190.16-0.26-0.38
0.910.230.780.860.710.820.630.690.70.450.970.530.370.85-0.010.870.92-0.30.680.81-0.030.92-0.230.590.7
0.540.240.770.560.520.630.350.460.220.40.660.80.440.8-0.670.50.76-0.160.680.630.220.680.270.370.89
0.920.240.890.940.890.890.190.850.60.720.740.30.720.68-0.010.520.75-0.20.810.630.20.920.220.630.77
0.020.480.270.220.090.14-0.260.07-0.410.23-0.09-0.160.4-0.05-0.33-0.29-0.030.42-0.030.220.20.160.520.030.14
0.880.280.90.930.760.820.320.730.620.690.850.450.650.77-0.080.650.84-0.190.920.680.920.160.050.580.78
-0.120.270.310.020.170.18-0.60.12-0.450.48-0.26-0.060.68-0.14-0.47-0.49-0.180.16-0.230.270.220.520.05-0.050.38
0.660.120.440.560.660.570.360.670.750.230.60.270.240.610.060.50.65-0.260.590.370.630.030.58-0.050.48
0.650.10.860.650.740.710.220.680.370.540.720.680.60.82-0.470.460.81-0.380.70.890.770.140.780.380.48
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Leons Furniture Account Relationship Matchups

Leons Furniture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.4B2.5B2.2B2.2B1.1B
Short Long Term Debt Total556.5M491.1M456.3M557.2M453.9M402.5M
Other Current Liab308.4M504.4M799.2M384.7M384.1M403.3M
Total Current Liabilities571.0M820.7M1.2B610.2M622.1M335.8M
Total Stockholder Equity915.8M1.0B791.2M928.9M1.0B535.2M
Property Plant And Equipment Net720.8M714.4M657.8M608.5M651.8M327.4M
Net Debt467.5M122.5M74.1M442.1M371.2M389.7M
Retained Earnings793.1M842.6M627.2M762.9M856.9M479.1M
Accounts Payable134.0M171.6M145.3M141.2M151.6M116.2M
Cash89.0M368.6M382.1M115.1M82.7M79.0M
Non Current Assets Total1.4B1.4B1.4B1.3B1.4B1.5B
Non Currrent Assets Other11.6M17.6M19.9M21.9M56.4M59.2M
Cash And Short Term Investments197.2M490.8M490.0M226.0M187.1M169.4M
Net Receivables144.1M134.8M162.3M188.7M204.9M215.2M
Common Stock Shares Outstanding83.7M82.1M79.1M68.2M68.7M62.6M
Liabilities And Stockholders Equity2.1B2.4B2.5B2.2B2.2B1.1B
Non Current Liabilities Total643.2M581.8M462.2M654.5M571.2M599.8M
Inventory334.4M332.1M395.6M410.6M416.6M437.4M
Other Stockholder Equity3.5M31K14.0M3.4M3.0M2.9M
Total Liab1.2B1.4B1.7B1.3B1.2B1.3B
Property Plant And Equipment Gross720.8M714.4M1.5B1.5B1.6B1.7B
Total Current Assets698.3M982.0M1.1B851.9M835.1M456.1M
Accumulated Other Comprehensive Income3.4M8.7M14.0M3.4M6.8M7.1M
Short Term Debt95.6M17.7M164.9M81.9M82.6M67.0M
Current Deferred Revenue187.5M361.2M419.9M238.7M228.6M240.0M
Short Term Investments108.1M122.2M107.8M110.8M104.4M97.6M
Other Current Assets26.7M24.3M27.4M26.6M26.4M16.7M
Common Stock Total Equity93.4M112.0M115.7M164.7M189.4M198.8M
Common Stock115.7M164.7M150.0M162.6M164.9M90.3M
Intangible Assets271.8M270.5M270.2M269.7M271.2M225.3M
Other Liab167.6M164.2M170.8M179.2M161.3M152.2M
Net Tangible Assets253.8M355.4M130.9M269.0M309.4M324.8M
Other Assets44.7M45.3M44.9M38.6M44.4M35.4M
Long Term Debt118.8M90.4M0.0226.9M92.5M163.8M
Deferred Long Term Liab16.9M17.6M19.9M21.9M25.2M16.2M
Property Plant Equipment737.4M730.6M672.7M608.5M699.7M533.3M
Long Term Debt Total460.9M417.7M291.3M475.3M546.6M359.3M
Capital Lease Obligations412.7M400.7M366.3M322.9M353.9M259.6M

Other Information on Investing in Leons Stock

Balance Sheet is a snapshot of the financial position of Leons Furniture at a specified time, usually calculated after every quarter, six months, or one year. Leons Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Leons Furniture 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 Leons currently owns. An asset can also be divided into two categories, current and non-current.