Leidos Long Term Debt vs Cash Analysis

LDOS Stock

USD 144.24 1.43 0.98%

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 Long Term Debt and its Cash 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 closely tied 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.

Long Term Debt vs Cash

Long Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leidos Holdings Long Term Debt account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Leidos Holdings' Long Term Debt and Cash is -0.29. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash 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' Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Leidos Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt i.e., Leidos Holdings' Long Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Leidos Holdings has held for over one year. Long-term debt appears on Leidos Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Leidos Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Cash

Cash refers to the most liquid asset of Leidos Holdings, which is listed under current asset account on Leidos Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Leidos Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Leidos Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 closely tied 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

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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

0.83

Kyndryl Holdings

Pair Corr

Moving against Leidos Stock

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0.84	EPAM	EPAM Systems	Pair Corr
0.81	IBM	International Business Financial Report 17th of July 2024	Pair Corr
0.78	DXC	DXC Technology	Pair Corr
0.7	IT	Gartner	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

Additional 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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