LPL Asset Turnover vs Total Assets Analysis

LPLA Stock  USD 267.54  0.23  0.09%   
LPL Financial financial indicator trend analysis is infinitely more than just investigating LPL Financial Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LPL Financial Holdings is a good investment. Please check the relationship between LPL Financial Asset Turnover and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LPL Financial 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 bureau of economic analysis.

Asset Turnover vs Total Assets

Asset Turnover vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LPL Financial Holdings Asset Turnover account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between LPL Financial's Asset Turnover and Total Assets is -0.28. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Assets in the same time period over historical financial statements of LPL Financial Holdings, assuming nothing else is changed. The correlation between historical values of LPL Financial's Asset Turnover and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of LPL Financial Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Asset Turnover i.e., LPL Financial's Asset Turnover and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Assets

Total assets refers to the total amount of LPL Financial 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 LPL Financial Holdings 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.
Most indicators from LPL Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LPL Financial 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 LPL Financial 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 bureau of economic analysis.
At present, LPL Financial's Selling General Administrative 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 15.55, whereas Tax Provision is forecasted to decline to about 197.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense104.4M126.2M186.8M105.8M
Depreciation And Amortization230.7M287.4M354.2M371.9M

LPL Financial fundamental ratios Correlations

-0.76-0.85-0.38-0.66-0.47-0.95-0.72-0.85-0.62-0.58-0.62-0.44-0.82-0.58-0.66-0.78-0.61-0.110.820.9-0.81-0.79-0.67-0.280.15
-0.760.890.290.550.880.830.480.820.520.510.90.560.840.510.620.960.830.11-0.88-0.790.990.770.590.280.19
-0.850.890.360.550.580.840.620.740.540.530.830.540.740.530.570.890.840.39-0.72-0.780.940.680.590.240.07
-0.380.290.360.780.20.50.030.590.780.710.490.490.570.710.780.510.340.34-0.43-0.610.30.60.75-0.590.42
-0.660.550.550.780.490.790.040.880.990.950.670.630.830.950.980.710.50.26-0.75-0.880.550.890.98-0.20.32
-0.470.880.580.20.490.640.150.740.450.460.790.530.770.460.580.840.67-0.11-0.83-0.630.810.690.520.210.33
-0.950.830.840.50.790.640.580.960.760.730.720.640.940.730.810.880.730.11-0.92-0.960.850.910.810.22-0.04
-0.720.480.620.030.040.150.580.370.0-0.050.180.120.4-0.050.080.430.4-0.07-0.43-0.430.540.250.060.37-0.47
-0.850.820.740.590.880.740.960.370.850.830.760.680.990.830.910.890.680.06-0.96-0.970.810.970.890.090.13
-0.620.520.540.780.990.450.760.00.850.980.650.680.810.980.970.690.520.34-0.7-0.840.510.880.99-0.20.3
-0.580.510.530.710.950.460.73-0.050.830.980.630.740.81.00.950.660.550.38-0.67-0.80.510.870.99-0.160.23
-0.620.90.830.490.670.790.720.180.760.650.630.530.740.630.690.920.760.3-0.75-0.760.890.740.680.050.53
-0.440.560.540.490.630.530.640.120.680.680.740.530.710.740.740.670.850.44-0.62-0.610.540.670.730.05-0.09
-0.820.840.740.570.830.770.940.40.990.810.80.740.710.80.90.90.720.07-0.96-0.940.830.960.870.090.08
-0.580.510.530.710.950.460.73-0.050.830.981.00.630.740.80.950.660.550.38-0.67-0.80.510.870.99-0.160.23
-0.660.620.570.780.980.580.810.080.910.970.950.690.740.90.950.770.60.27-0.8-0.880.610.920.99-0.180.26
-0.780.960.890.510.710.840.880.430.890.690.660.920.670.90.660.770.860.21-0.9-0.870.950.830.740.140.27
-0.610.830.840.340.50.670.730.40.680.520.550.760.850.720.550.60.860.45-0.7-0.660.840.630.580.250.0
-0.110.110.390.340.26-0.110.11-0.070.060.340.380.30.440.070.380.270.210.450.06-0.120.170.060.33-0.280.09
0.82-0.88-0.72-0.43-0.75-0.83-0.92-0.43-0.96-0.7-0.67-0.75-0.62-0.96-0.67-0.8-0.9-0.70.060.93-0.85-0.9-0.75-0.17-0.08
0.9-0.79-0.78-0.61-0.88-0.63-0.96-0.43-0.97-0.84-0.8-0.76-0.61-0.94-0.8-0.88-0.87-0.66-0.120.93-0.8-0.94-0.87-0.08-0.1
-0.810.990.940.30.550.810.850.540.810.510.510.890.540.830.510.610.950.840.17-0.85-0.80.760.590.280.15
-0.790.770.680.60.890.690.910.250.970.880.870.740.670.960.870.920.830.630.06-0.9-0.940.760.920.050.15
-0.670.590.590.750.980.520.810.060.890.990.990.680.730.870.990.990.740.580.33-0.75-0.870.590.92-0.160.23
-0.280.280.24-0.59-0.20.210.220.370.09-0.2-0.160.050.050.09-0.16-0.180.140.25-0.28-0.17-0.080.280.05-0.16-0.39
0.150.190.070.420.320.33-0.04-0.470.130.30.230.53-0.090.080.230.260.270.00.09-0.08-0.10.150.150.23-0.39
Click cells to compare fundamentals

LPL Financial Account Relationship Matchups

LPL Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding84.6M80.7M81.7M81.3M77.9M75.5M
Total Assets5.9B6.5B8.0B9.5B10.4B5.7B
Short Long Term Debt Total2.6B2.6B2.8B2.7B3.7B2.3B
Other Current Liab(82.8M)(771.3M)(160.9M)(596.4M)332.0M348.6M
Total Current Liabilities695.0M771.3M644.1M596.4M3.3B3.5B
Total Stockholder Equity1.0B1.3B1.7B2.2B2.1B1.3B
Property Plant And Equipment Net635.5M684.8M658.8M780.4M933.1M979.7M
Net Debt2.1B1.8B2.3B1.9B1.2B1.5B
Retained Earnings1.6B1.9B2.3B3.1B4.1B4.3B
Accounts Payable650.0M771.3M554.1M596.4M2.8B2.9B
Cash590.2M808.6M495.2M847.5M2.6B2.7B
Non Current Assets Total2.6B2.6B2.8B3.1B4.8B2.4B
Non Currrent Assets Other(2.1M)(24.1M)(5.6M)115.8M1.0B1.1B
Other Assets1.7B2.1B3.4B4.2B4.9B5.1B
Cash And Short Term Investments590.2M808.6M495.2M847.5M2.6B2.7B
Net Receivables910.4M944.9M1.3B1.3B2.9B3.0B
Good Will1.5B1.5B1.6B1.6B1.9B1.6B
Common Stock Total Equity126K127K129K130K149.5K123.7K
Liabilities And Stockholders Equity5.9B6.5B8.0B9.5B10.4B5.7B
Non Current Liabilities Total2.7B2.7B3.0B596.4M5.0B2.8B
Other Current Assets(2.8B)(3.3B)(4.3B)(5.6B)(5.4B)(5.2B)
Other Stockholder Equity(530.8M)(628.3M)(657.2M)(933.7M)(2.0B)(1.9B)
Total Liab4.9B5.2B6.3B7.3B8.3B4.4B
Property Plant And Equipment Gross635.5M684.8M658.8M1.7B2.1B2.2B
Total Current Assets1.5B1.8B1.8B2.1B5.6B5.9B
Short Term Debt45M676.0M90M458.3M47.9M45.5M
Intangible Assets439.8M397.5M455.0M427.7M671.6M401.9M
Common Stock126K127K129K130K149.5K124.8K
Other Liab1.1B1.5B2.7B3.6B4.1B4.3B
Current Deferred Revenue82.8M95.3M160.9M138.1M156.2M91.8M
Long Term Debt2.4B2.3B2.8B2.7B3.7B2.2B
Short Term Investments31.0M14.7M49.2M52.6M91.3M86.7M
Inventory29.3M(25.9M)1.04.3B1.151.09
Property Plant Equipment533.0M582.9M658.8M407.1M468.2M333.0M
Net Tangible Assets(919.6M)(596.5M)(426.9M)97.4M112.0M117.6M
Retained Earnings Total Equity1.6B1.9B2.3B3.1B3.6B3.7B
Long Term Debt Total2.4B2.3B2.8B2.7B3.1B2.3B
Capital Surpluse1.7B1.8B1.8B1.9B2.2B1.7B

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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 LPL Financial Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LPL Financial'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 Lpl Financial Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lpl Financial Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LPL Financial 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 bureau of economic analysis.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running LPL Financial's price analysis, check to measure LPL Financial's 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 LPL Financial is operating at the current time. Most of LPL Financial's value examination focuses on studying past and present price action to predict the probability of LPL Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LPL Financial's price. Additionally, you may evaluate how the addition of LPL Financial to your portfolios can decrease your overall portfolio volatility.
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Is LPL Financial's 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 LPL Financial. If investors know LPL 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 LPL Financial 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
(0.1)
Dividend Share
1.2
Earnings Share
13.28
Revenue Per Share
138.168
Quarterly Revenue Growth
0.172
The market value of LPL Financial Holdings is measured differently than its book value, which is the value of LPL that is recorded on the company's balance sheet. Investors also form their own opinion of LPL Financial's value that differs from its market value or its book value, called intrinsic value, which is LPL Financial'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 LPL Financial's market value can be influenced by many factors that don't directly affect LPL Financial'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 LPL Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if LPL Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LPL Financial'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.