Live Net Income vs Gross Profit Analysis
LIVE Stock | USD 24.30 1.38 5.37% |
Live Ventures financial indicator trend analysis is infinitely more than just investigating Live Ventures recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Live Ventures is a good investment. Please check the relationship between Live Ventures Net Income and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Live Stock refer to our How to Trade Live Stock guide.
Net Income vs Gross Profit
Net Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Live Ventures Net Income account and Gross Profit. At this time, the significance of the direction appears to have weak relationship.
The correlation between Live Ventures' Net Income and Gross Profit is 0.36. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Live Ventures, assuming nothing else is changed. The correlation between historical values of Live Ventures' Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Live Ventures are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Live Ventures' Net Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Live Ventures financial statement analysis. It represents the amount of money remaining after all of Live Ventures operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Live Ventures minus its cost of goods sold. It is profit before Live Ventures operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Live Ventures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Live Ventures 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 Live Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Live Stock refer to our How to Trade Live Stock guide.At present, Live Ventures' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 23.62, whereas Selling General Administrative is forecasted to decline to about 74.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 286.9M | 355.2M | 408.4M | 428.9M | Interest Expense | 4.2M | 12.7M | 14.7M | 15.4M |
Live Ventures fundamental ratios Correlations
Click cells to compare fundamentals
Live Ventures Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Live Ventures fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 197.3M | 211.7M | 278.6M | 421.8M | 485.1M | 509.3M | |
Other Current Liab | 23.8M | 28.8M | 16.1M | 27.2M | 31.3M | 32.9M | |
Total Current Liabilities | 57.4M | 65.0M | 56.4M | 97.8M | 112.5M | 118.1M | |
Total Stockholder Equity | 43.9M | 75.5M | 97.6M | 100.1M | 115.2M | 120.9M | |
Property Plant And Equipment Net | 61.3M | 66.1M | 98.2M | 135.2M | 155.5M | 163.3M | |
Net Debt | 107.0M | 89.5M | 139.1M | 240.2M | 276.2M | 290.1M | |
Retained Earnings | (16.4M) | 14.8M | 39.5M | 39.0M | 35.1M | 36.8M | |
Accounts Payable | 12.9M | 10.6M | 10.9M | 27.2M | 31.3M | 32.8M | |
Cash | 9.0M | 4.7M | 4.6M | 4.3M | 5.0M | 3.6M | |
Non Current Assets Total | 101.3M | 112.9M | 143.8M | 239.0M | 274.8M | 288.5M | |
Non Currrent Assets Other | 223K | 682K | 647K | 1.3M | 1.2M | 982.6K | |
Cash And Short Term Investments | 9.0M | 4.7M | 4.6M | 4.3M | 5.0M | 3.7M | |
Net Receivables | 20.1M | 21.6M | 30.1M | 42.3M | 48.7M | 51.1M | |
Common Stock Shares Outstanding | 3.5M | 3.2M | 3.2M | 3.2M | 3.6M | 3.8M | |
Liabilities And Stockholders Equity | 197.3M | 211.7M | 278.6M | 421.8M | 485.1M | 509.3M | |
Other Current Assets | 520K | 180K | 2.5M | 4.9M | 5.7M | 5.9M | |
Other Stockholder Equity | 60.4M | 60.8M | 58.1M | 61.2M | 70.4M | 36.0M | |
Total Liab | 153.6M | 136.7M | 181.5M | 321.7M | 369.9M | 388.4M | |
Total Current Assets | 95.9M | 98.8M | 134.8M | 182.9M | 210.3M | 220.8M | |
Intangible Assets | 1.1M | 4.7M | 3.8M | 26.6M | 30.6M | 32.1M | |
Short Long Term Debt Total | 116.0M | 94.2M | 143.7M | 244.5M | 281.2M | 295.3M | |
Current Deferred Revenue | 169K | 241K | 384K | 4.6M | 5.3M | 5.5M | |
Other Assets | 5.0M | 32.1M | 682K | 647K | 744.1K | 706.8K | |
Non Current Liabilities Total | 96.2M | 71.7M | 125.1M | 223.9M | 201.5M | 191.4M | |
Inventory | 64.5M | 70.7M | 97.7M | 131.3M | 151.0M | 158.6M | |
Property Plant And Equipment Gross | 30.4M | 66.1M | 125.0M | 135.2M | 155.5M | 163.3M | |
Accumulated Other Comprehensive Income | (11.5M) | 4K | 7K | 0.0 | 6.3K | 6.6K | |
Short Term Debt | 20.5M | 25.3M | 29.0M | 38.8M | 44.6M | 46.9M | |
Property Plant Equipment | 22.6M | 30.4M | 66.1M | 64.6M | 74.3M | 78.0M | |
Other Liab | 654K | 734K | 2.8M | 10.4M | 12.0M | 12.6M | |
Long Term Debt | 63.4M | 39.6M | 62.7M | 124.6M | 143.3M | 150.5M | |
Good Will | 37.8M | 41.5M | 41.1M | 75.9M | 87.2M | 91.6M | |
Net Tangible Assets | (5.0M) | 5.1M | 29.4M | 52.7M | 60.6M | 63.6M | |
Retained Earnings Total Equity | (22.7M) | (27.4M) | (16.4M) | 39.5M | 45.4M | 47.7M | |
Capital Surpluse | 63.7M | 63.9M | 64.5M | 65.3M | 75.1M | 54.8M |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Live Stock refer to our How to Trade Live Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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When running Live Ventures' price analysis, check to measure Live Ventures' 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 Live Ventures is operating at the current time. Most of Live Ventures' value examination focuses on studying past and present price action to predict the probability of Live Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Live Ventures' price. Additionally, you may evaluate how the addition of Live Ventures to your portfolios can decrease your overall portfolio volatility.
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Is Live Ventures' 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 Live Ventures. If investors know Live 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 Live Ventures 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 (0.70) | Earnings Share (0.85) | Revenue Per Share 127.791 | Quarterly Revenue Growth 0.705 | Return On Assets 0.0252 |
The market value of Live Ventures is measured differently than its book value, which is the value of Live that is recorded on the company's balance sheet. Investors also form their own opinion of Live Ventures' value that differs from its market value or its book value, called intrinsic value, which is Live Ventures' 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 Live Ventures' market value can be influenced by many factors that don't directly affect Live Ventures' 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 Live Ventures' value and its price as these two are different measures arrived at by different means. Investors typically determine if Live Ventures is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Live Ventures' 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.