Leidos Good Will vs Total Liab Analysis

LDOS Stock

USD 148.69 1.13 0.77%

Leidos Holdings financial indicator trend analysis is infinitely more than just investigating Leidos Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leidos Holdings is a good investment. Please check the relationship between Leidos Holdings Good Will and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leidos Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Leidos Stock please use our How to Invest in Leidos Holdings guide.

Good Will vs Total Liab

Good Will vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leidos Holdings Good Will account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Leidos Holdings' Good Will and Total Liab is 0.96. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Liab in the same time period over historical financial statements of Leidos Holdings, assuming nothing else is changed. The correlation between historical values of Leidos Holdings' Good Will and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Leidos Holdings are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Good Will i.e., Leidos Holdings' Good Will and Total Liab go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Leidos Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leidos Holdings 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 Leidos Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Leidos Stock please use our How to Invest in Leidos Holdings guide.Selling General Administrative is likely to drop to about 645.2 M in 2024. Discontinued Operations is likely to gain to about (932.7 K) in 2024

	2021	2022	2023	2024 (projected)
Total Revenue	13.7B	14.4B	15.4B	10.3B
Interest Expense	184M	199M	212M	142.5M

Total Revenue Interest Expense

Leidos Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Inventory	Other Current Assets
Total Assets		0.98	0.98	0.9	0.96	-0.18	-0.19	0.85	0.96	0.48	1.0	0.16	0.89	0.62	0.72	0.07	0.74	0.77	-0.12	0.97	-0.25	0.85	0.97	-0.26	0.2	0.77
Short Long Term Debt Total	0.98		0.92	0.91	0.95	-0.24	-0.25	0.81	0.98	0.38	0.99	0.13	0.84	0.62	0.74	0.0	0.72	0.76	-0.2	0.98	-0.34	0.76	0.97	-0.33	0.15	0.75
Total Stockholder Equity	0.98	0.92		0.87	0.94	-0.14	-0.14	0.88	0.91	0.57	0.95	0.19	0.85	0.58	0.66	0.02	0.73	0.77	-0.14	0.92	-0.23	0.87	0.95	-0.21	0.2	0.77
Net Debt	0.9	0.91	0.87		0.91	-0.16	-0.17	0.8	0.91	0.42	0.9	0.37	0.73	0.6	0.84	-0.14	0.83	0.73	-0.33	0.92	-0.34	0.69	0.9	-0.25	0.06	0.86
Non Current Assets Total	0.96	0.95	0.94	0.91		0.03	0.02	0.86	0.94	0.5	0.95	0.13	0.79	0.64	0.68	-0.07	0.7	0.77	-0.22	0.96	-0.16	0.74	0.93	-0.06	0.04	0.78
Non Currrent Assets Other	-0.18	-0.24	-0.14	-0.16	0.03		1.0	-0.06	-0.26	-0.09	-0.2	0.02	-0.16	-0.24	-0.08	0.05	-0.02	-0.24	0.32	-0.21	0.86	-0.09	-0.32	0.99	-0.42	-0.03
Other Assets	-0.19	-0.25	-0.14	-0.17	0.02	1.0		-0.07	-0.27	-0.08	-0.2	0.01	-0.16	-0.25	-0.1	0.05	-0.03	-0.25	0.32	-0.21	0.86	-0.09	-0.32	0.99	-0.43	-0.02
Common Stock Shares Outstanding	0.85	0.81	0.88	0.8	0.86	-0.06	-0.07		0.82	0.6	0.82	0.19	0.65	0.46	0.53	-0.07	0.59	0.67	-0.28	0.86	-0.24	0.69	0.87	-0.13	-0.03	0.83
Non Current Liabilities Total	0.96	0.98	0.91	0.91	0.94	-0.26	-0.27	0.82		0.46	0.97	0.14	0.75	0.72	0.69	-0.08	0.65	0.75	-0.29	0.99	-0.4	0.7	0.97	-0.35	0.13	0.74
Other Stockholder Equity	0.48	0.38	0.57	0.42	0.5	-0.09	-0.08	0.6	0.46		0.43	-0.12	0.31	0.71	-0.04	-0.03	0.03	0.57	-0.31	0.48	-0.24	0.41	0.54	-0.11	0.24	0.34
Total Liab	1.0	0.99	0.95	0.9	0.95	-0.2	-0.2	0.82	0.97	0.43		0.15	0.89	0.63	0.73	0.1	0.73	0.76	-0.11	0.97	-0.26	0.82	0.96	-0.28	0.2	0.75
Other Current Liab	0.16	0.13	0.19	0.37	0.13	0.02	0.01	0.19	0.14	-0.12	0.15		0.13	-0.07	0.61	-0.05	0.61	-0.28	0.04	0.19	0.04	0.32	0.09	0.0	0.02	0.38
Total Current Liabilities	0.89	0.84	0.85	0.73	0.79	-0.16	-0.16	0.65	0.75	0.31	0.89	0.13		0.36	0.69	0.43	0.74	0.64	0.23	0.75	-0.04	0.92	0.79	-0.22	0.35	0.63
Other Liab	0.62	0.62	0.58	0.6	0.64	-0.24	-0.25	0.46	0.72	0.71	0.63	-0.07	0.36		0.22	-0.13	0.15	0.59	-0.4	0.7	-0.42	0.33	0.67	-0.31	0.21	0.35
Property Plant And Equipment Net	0.72	0.74	0.66	0.84	0.68	-0.08	-0.1	0.53	0.69	-0.04	0.73	0.61	0.69	0.22		0.02	0.96	0.42	-0.01	0.7	-0.11	0.65	0.64	-0.17	0.01	0.73
Current Deferred Revenue	0.07	0.0	0.02	-0.14	-0.07	0.05	0.05	-0.07	-0.08	-0.03	0.1	-0.05	0.43	-0.13	0.02		0.04	-0.18	0.86	-0.08	0.49	0.4	-0.09	0.06	0.3	-0.08
Retained Earnings	0.74	0.72	0.73	0.83	0.7	-0.02	-0.03	0.59	0.65	0.03	0.73	0.61	0.74	0.15	0.96	0.04		0.45	0.04	0.68	-0.03	0.75	0.65	-0.1	0.02	0.8
Accounts Payable	0.77	0.76	0.77	0.73	0.77	-0.24	-0.25	0.67	0.75	0.57	0.76	-0.28	0.64	0.59	0.42	-0.18	0.45		-0.38	0.73	-0.42	0.53	0.83	-0.32	0.17	0.59
Cash	-0.12	-0.2	-0.14	-0.33	-0.22	0.32	0.32	-0.28	-0.29	-0.31	-0.11	0.04	0.23	-0.4	-0.01	0.86	0.04	-0.38		-0.29	0.75	0.27	-0.33	0.34	0.19	-0.23
Long Term Debt	0.97	0.98	0.92	0.92	0.96	-0.21	-0.21	0.86	0.99	0.48	0.97	0.19	0.75	0.7	0.7	-0.08	0.68	0.73	-0.29		-0.36	0.72	0.97	-0.3	0.12	0.77
Cash And Short Term Investments	-0.25	-0.34	-0.23	-0.34	-0.16	0.86	0.86	-0.24	-0.4	-0.24	-0.26	0.04	-0.04	-0.42	-0.11	0.49	-0.03	-0.42	0.75	-0.36		0.04	-0.46	0.87	-0.19	-0.18
Net Receivables	0.85	0.76	0.87	0.69	0.74	-0.09	-0.09	0.69	0.7	0.41	0.82	0.32	0.92	0.33	0.65	0.4	0.75	0.53	0.27	0.72	0.04		0.73	-0.14	0.4	0.64
Good Will	0.97	0.97	0.95	0.9	0.93	-0.32	-0.32	0.87	0.97	0.54	0.96	0.09	0.79	0.67	0.64	-0.09	0.65	0.83	-0.33	0.97	-0.46	0.73		-0.4	0.17	0.76
Short Term Investments	-0.26	-0.33	-0.21	-0.25	-0.06	0.99	0.99	-0.13	-0.35	-0.11	-0.28	0.0	-0.22	-0.31	-0.17	0.06	-0.1	-0.32	0.34	-0.3	0.87	-0.14	-0.4		-0.4	-0.1
Inventory	0.2	0.15	0.2	0.06	0.04	-0.42	-0.43	-0.03	0.13	0.24	0.2	0.02	0.35	0.21	0.01	0.3	0.02	0.17	0.19	0.12	-0.19	0.4	0.17	-0.4		-0.23
Other Current Assets	0.77	0.75	0.77	0.86	0.78	-0.03	-0.02	0.83	0.74	0.34	0.75	0.38	0.63	0.35	0.73	-0.08	0.8	0.59	-0.23	0.77	-0.18	0.64	0.76	-0.1	-0.23

Click cells to compare fundamentals

Leidos Holdings Account Relationship Matchups

Leidos Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.4B	12.5B	13.3B	13.1B	12.7B	8.0B
Short Long Term Debt Total	3.3B	5.3B	5.7B	5.5B	5.2B	2.6B
Total Stockholder Equity	3.4B	3.9B	4.3B	4.3B	4.2B	2.9B
Net Debt	2.6B	4.8B	4.9B	5.0B	4.4B	4.6B
Non Current Assets Total	6.6B	9.2B	9.6B	9.4B	8.7B	5.0B
Non Currrent Assets Other	426M	458M	439M	342M	325M	308.8M
Other Assets	407M	458M	414M	350M	315M	299.3M
Common Stock Shares Outstanding	145M	144M	143M	138M	158.7M	119.1M
Liabilities And Stockholders Equity	9.4B	12.5B	13.3B	13.1B	12.7B	8.0B
Non Current Liabilities Total	3.6B	5.7B	5.7B	4.8B	5.4B	2.7B
Other Stockholder Equity	2.6B	2.6B	2.4B	2.0B	1.9B	2.4B
Total Liab	6.0B	8.6B	8.9B	8.7B	8.4B	5.1B
Other Current Liab	35M	151M	241M	321M	1.8B	1.9B
Total Current Liabilities	2.3B	2.9B	3.2B	3.9B	3.0B	2.3B
Other Liab	291M	525M	453M	273M	314.0M	282.3M
Property Plant And Equipment Net	687M	1.2B	1.3B	1.4B	1.5B	1.5B
Current Deferred Revenue	400M	481M	364M	380M	442M	386.2M
Retained Earnings	896M	1.3B	1.9B	2.4B	2.4B	2.5B
Accounts Payable	1.8B	2.2B	2.1B	2.3B	736M	1.2B
Cash	668M	524M	727M	516M	777M	613.5M
Long Term Debt	2.9B	4.6B	4.6B	3.9B	4.7B	2.5B
Cash And Short Term Investments	668M	524M	727M	516M	777M	683.3M
Net Receivables	1.7B	2.1B	2.2B	2.4B	2.4B	2.0B
Good Will	4.9B	6.3B	6.7B	6.7B	6.1B	3.5B
Inventory	72M	276M	274M	287M	310M	267.4M
Other Current Assets	410M	402M	429M	490M	489M	513.5M
Property Plant And Equipment Gross	687M	1.2B	1.3B	1.4B	2.1B	2.2B
Total Current Assets	2.8B	3.3B	3.6B	3.6B	4.0B	2.5B
Accumulated Other Comprehensive Income	(70M)	(46M)	(12M)	(73M)	(48M)	(45.6M)
Short Term Debt	61M	100M	483M	992M	18M	17.1M
Intangible Assets	530M	1.2B	1.2B	952M	667M	581.7M
Property Plant Equipment	687M	1.2B	1.3B	1.4B	1.6B	1.7B
Net Tangible Assets	(1.7B)	4.4B	(3.6B)	(3.3B)	(3.0B)	(2.9B)
Noncontrolling Interest In Consolidated Entity	13M	3M	4M	9M	10.4M	10.9M
Retained Earnings Total Equity	(7M)	372M	896M	1.3B	1.5B	1.6B
Long Term Debt Total	3.1B	3.1B	2.9B	4.6B	5.3B	2.7B
Capital Surpluse	3.3B	3.0B	2.6B	2.6B	3.0B	2.6B
Deferred Long Term Liab	184M	234M	121M	74M	85.1M	132.1M
Non Current Liabilities Other	182M	291M	267M	233M	264M	227.8M

Pair Trading with Leidos Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Leidos Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Leidos Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Leidos Stock

0.63

Kyndryl Holdings Financial Report 21st of May 2024

Pair Corr

Moving against Leidos Stock

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0.57	GIB	CGI Inc Fiscal Year End 13th of November 2024	Pair Corr

The ability to find closely correlated positions to Leidos Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Leidos Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Leidos Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Leidos Holdings to buy it.

The correlation of Leidos Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Leidos Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Leidos Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Leidos Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Leidos Holdings is a strong investment it is important to analyze Leidos Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Leidos Holdings' future performance. For an informed investment choice regarding Leidos Stock, refer to the following important reports:

How To Invest In Leidos

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Is Leidos Stock a good investment?

Details

What is Leidos Holdings' Net Worth?

Details

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leidos Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Leidos Stock please use our How to Invest in Leidos Holdings guide.

You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Leidos Stock analysis

When running Leidos Holdings' price analysis, check to measure Leidos Holdings' 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 Leidos Holdings is operating at the current time. Most of Leidos Holdings' value examination focuses on studying past and present price action to predict the probability of Leidos Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leidos Holdings' price. Additionally, you may evaluate how the addition of Leidos Holdings to your portfolios can decrease your overall portfolio volatility.

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Is Leidos Holdings' industry 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 Leidos Holdings. If investors know Leidos 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 Leidos Holdings 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

0.769

Dividend Share

1.48

Earnings Share

2.34

Revenue Per Share

114.91

Quarterly Revenue Growth

0.075

The market value of Leidos Holdings is measured differently than its book value, which is the value of Leidos that is recorded on the company's balance sheet. Investors also form their own opinion of Leidos Holdings' value that differs from its market value or its book value, called intrinsic value, which is Leidos Holdings' 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 Leidos Holdings' market value can be influenced by many factors that don't directly affect Leidos Holdings' 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 Leidos Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Leidos Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leidos Holdings' 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.

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Leidos Good Will vs Total Liab Analysis

Good Will vs Total Liab

Good Will vs Total Liab Correlation Analysis

Correlation Coefficient

Good Will

Total Liab

Leidos Holdings fundamental ratios Correlations

Leidos Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Leidos Holdings fundamental ratios Accounts

Pair Trading with Leidos Holdings

Moving together with Leidos Stock

Moving against Leidos Stock

Complementary Tools for Leidos Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Other Assets	+ 1.0	Non Currrent Assets Other
Total Liab	+ 0.99	Short Long Term Debt Total
Short Term Investments	+ 0.99	Non Currrent Assets Other
Short Term Investments	+ 0.99	Other Assets
Long Term Debt	+ 0.99	Non Current Liabilities Total

Good Will	- 0.46	Cash And Short Term Investments
Inventory	- 0.43	Other Assets
Cash And Short Term Investments	- 0.42	Accounts Payable
Cash And Short Term Investments	- 0.42	Other Liab
Inventory	- 0.42	Non Currrent Assets Other
Inventory	- 0.4	Short Term Investments