LZB Historical Balance Sheet
LZB Stock | USD 45.14 0.12 0.27% |
Trend analysis of La Z Boy Incorporated balance sheet accounts such as Total Current Liabilities of 459.1 M provides information on La Z's total assets, liabilities, and equity, which is the actual value of La Z Boy to its prevalent stockholders. By breaking down trends over time using La Z 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 La Z Boy 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 La Z Boy is a good buy for the upcoming year.
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About LZB Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of La Z Boy at a specified time, usually calculated after every quarter, six months, or one year. La Z Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of La Z 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 LZB currently owns. An asset can also be divided into two categories, current and non-current.
La Z Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of La Z assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in La Z Boy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on La Z balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of La Z Boy Incorporated 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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most accounts from La Z's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into La Z Boy 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 La Z Boy Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, La Z's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 505.8 M, whereas Total Stockholder Equity is forecasted to decline to about 524.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 430.1M | 445.9M | 481.8M | 505.8M | Total Assets | 1.9B | 1.9B | 1.9B | 2.0B |
La Z balance sheet Correlations
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La Z Account Relationship Matchups
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La Z balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.8B | 1.9B | 1.9B | 1.9B | 2.0B | |
Short Long Term Debt Total | 409.5M | 362.6M | 430.1M | 445.9M | 481.8M | 505.8M | |
Other Current Liab | 97.5M | 273.8M | 496.4M | 290.7M | 263.8M | 277.0M | |
Total Current Liabilities | 350.2M | 611.7M | 675.7M | 475.9M | 437.3M | 459.1M | |
Total Stockholder Equity | 700.8M | 773.5M | 810.7M | 941.8M | 1.0B | 524.1M | |
Property Plant And Equipment Net | 533.4M | 563.0M | 658.9M | 694.8M | 744.7M | 781.9M | |
Net Debt | 148.0M | (28.6M) | 184.5M | 102.5M | 140.7M | 147.7M | |
Retained Earnings | 343.6M | 399.0M | 431.2M | 545.2M | 598.0M | 304.0M | |
Cash | 261.6M | 391.2M | 245.6M | 343.4M | 341.1M | 358.2M | |
Non Current Assets Total | 808.6M | 860.2M | 980.3M | 1.0B | 1.1B | 1.1B | |
Non Currrent Assets Other | 38.6M | 44.2M | 48.0M | 45.0M | 47.3M | 41.6M | |
Cash And Short Term Investments | 261.6M | 391.2M | 245.6M | 343.4M | 347.9M | 365.3M | |
Net Receivables | 99.4M | 139.3M | 322.8M | 170.5M | 174.7M | 160.7M | |
Common Stock Shares Outstanding | 46.7M | 46.4M | 44.3M | 43.2M | 43.3M | 42.0M | |
Liabilities And Stockholders Equity | 1.4B | 1.8B | 1.9B | 1.9B | 1.9B | 2.0B | |
Non Current Liabilities Total | 368.4M | 392.5M | 436.8M | 438.3M | 462.8M | 485.9M | |
Inventory | 181.6M | 226.1M | 303.2M | 276.3M | 263.2M | 170.3M | |
Other Current Assets | 81.8M | 169.5M | 62.9M | 54.8M | 50.9M | 35.7M | |
Other Stockholder Equity | 318.2M | 330.6M | 342.3M | 358.9M | 368.5M | 208.5M | |
Total Liab | 718.6M | 1.0B | 1.1B | 914.2M | 900.1M | 945.1M | |
Property Plant And Equipment Gross | 533.4M | 563.0M | 1.1B | 1.1B | 1.2B | 1.2B | |
Total Current Assets | 626.3M | 926.2M | 951.8M | 854.6M | 836.8M | 535.3M | |
Accumulated Other Comprehensive Income | (7.0M) | (1.5M) | (5.8M) | (5.5M) | (5.9M) | (6.2M) | |
Short Term Debt | 139.4M | 135.2M | 75.3M | 77.8M | 77.0M | 80.9M | |
Intangible Assets | 28.7M | 30.4M | 34.0M | 39.4M | 47.3M | 38.3M | |
Accounts Payable | 55.5M | 94.2M | 104.0M | 107.5M | 96.5M | 63.5M | |
Good Will | 161.0M | 175.8M | 194.6M | 205.0M | 214.5M | 225.2M | |
Common Stock Total Equity | 45.9M | 45.4M | 43.1M | 43.3M | 49.8M | 51.3M | |
Short Term Investments | 22.0M | 20.6M | 17.4M | 6.4M | 6.8M | 12.6M | |
Common Stock | 45.9M | 45.4M | 43.1M | 43.3M | 42.4M | 51.1M | |
Other Liab | 98.3M | 97.5M | 81.9M | 70.1M | 80.7M | 74.6M | |
Other Assets | 59.4M | 90.9M | 58.7M | 53.9M | 48.5M | 53.9M | |
Property Plant Equipment | 214.8M | 219.2M | 253.1M | 278.6M | 320.4M | 205.9M | |
Current Deferred Revenue | 57.8M | 289.2M | 322.2M | 150.7M | 35.5M | 68.7M | |
Net Tangible Assets | 781.2M | 862.3M | 937.0M | 1.1B | 1.2B | 691.5M | |
Noncontrolling Interest In Consolidated Entity | 15.6M | 8.6M | 8.9M | 10.3M | 11.8M | 11.2M | |
Retained Earnings Total Equity | 343.6M | 399.0M | 431.2M | 545.2M | 626.9M | 345.0M | |
Long Term Debt Total | 0.0 | 473K | 350K | 225K | 202.5K | 192.4K | |
Capital Surpluse | 318.2M | 330.6M | 342.3M | 358.9M | 412.7M | 324.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether La Z Boy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La Z'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 La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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 La Z. If investors know LZB 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 La Z 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 (0.03) | Earnings Share 2.89 | Revenue Per Share 48.399 | Quarterly Revenue Growth 0.029 | Return On Assets 0.0521 |
The market value of La Z Boy is measured differently than its book value, which is the value of LZB that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z'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 La Z's market value can be influenced by many factors that don't directly affect La Z'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 La Z's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Z is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z'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.