Las Net Receivables vs Current Deferred Revenue Analysis
LVS Stock | USD 46.62 0.51 1.11% |
Las Vegas financial indicator trend analysis is infinitely more than just investigating Las Vegas Sands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Las Vegas Sands is a good investment. Please check the relationship between Las Vegas Net Receivables and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Las Vegas Sands. 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.
Net Receivables vs Current Deferred Revenue
Net Receivables vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Las Vegas Sands Net Receivables account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Las Vegas' Net Receivables and Current Deferred Revenue is 0.39. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Las Vegas Sands, assuming nothing else is changed. The correlation between historical values of Las Vegas' Net Receivables and Current Deferred Revenue 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 Receivables of Las Vegas Sands are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Receivables i.e., Las Vegas' Net Receivables and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Receivables
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Las Vegas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Las Vegas Sands 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 Las Vegas Sands. 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. At this time, Las Vegas' Discontinued Operations is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Selling General Administrative is likely to drop slightly above 973 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.8B | 2.6B | 5.2B | 3.9B | Total Revenue | 4.2B | 4.1B | 10.4B | 7.3B |
Las Vegas fundamental ratios Correlations
Click cells to compare fundamentals
Las Vegas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Las Vegas fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.2B | 20.8B | 20.1B | 22.0B | 21.8B | 17.1B | |
Total Stockholder Equity | 5.2B | 3.0B | 2.0B | 3.9B | 4.1B | 4.5B | |
Common Stock Shares Outstanding | 792M | 786M | 771M | 764M | 765M | 667.3M | |
Liabilities And Stockholders Equity | 23.2B | 20.8B | 20.1B | 22.0B | 21.8B | 17.1B | |
Short Long Term Debt Total | 12.5B | 14.0B | 14.8B | 16.0B | 14.0B | 10.1B | |
Other Current Liab | 2.5B | 2.5B | 2.3B | 1.3B | 1.8B | 1.6B | |
Total Current Liabilities | 3.2B | 2.8B | 2.6B | 3.9B | 4.4B | 2.4B | |
Other Liab | 741M | 735M | 371M | 377M | 433.6M | 509.1M | |
Property Plant And Equipment Net | 15.0B | 12.3B | 11.9B | 11.5B | 13.7B | 12.5B | |
Net Debt | 8.3B | 11.9B | 12.9B | 9.7B | 8.9B | 7.1B | |
Retained Earnings | 3.1B | 813M | (148M) | 1.7B | 2.6B | 1.6B | |
Accounts Payable | 178M | 149M | 89M | 77M | 167M | 105.9M | |
Cash | 4.2B | 2.1B | 1.9B | 6.3B | 5.1B | 2.9B | |
Non Current Assets Total | 15.1B | 12.3B | 11.9B | 11.5B | 16.0B | 13.2B | |
Non Currrent Assets Other | (316M) | 455M | 217M | 1.5B | 400M | 353.5M | |
Other Assets | 2.8B | 2.8B | 2.7B | 3.8B | 4.3B | 4.5B | |
Long Term Debt | 12.4B | 13.9B | 14.7B | 13.9B | 12.1B | 9.7B | |
Cash And Short Term Investments | 4.2B | 2.1B | 1.9B | 6.3B | 5.1B | 2.9B | |
Net Receivables | 757M | 218M | 185M | 222M | 484M | 672.5M | |
Non Current Liabilities Total | 12.4B | 13.9B | 14.7B | 13.9B | 13.3B | 10.0B | |
Other Current Assets | 285M | 3.4B | 3.4B | 183M | 150M | 142.5M | |
Other Stockholder Equity | 2.1B | 2.1B | 2.1B | 2.2B | 1.5B | 1.4B | |
Total Liab | 16.7B | 17.3B | 17.8B | 18.4B | 17.7B | 12.8B | |
Property Plant And Equipment Gross | 17.1B | 17.4B | 24.0B | 24.5B | 25.6B | 15.2B | |
Total Current Assets | 5.3B | 5.7B | 5.5B | 6.7B | 5.8B | 4.2B | |
Short Term Debt | 70M | 76M | 74M | 2.0B | 1.9B | 2.0B | |
Property Plant Equipment | 14.8B | 15.1B | 11.9B | 11.5B | 13.2B | 12.6B | |
Current Deferred Revenue | 540M | 197M | 74M | 471M | 543M | 307.1M | |
Accumulated Other Comprehensive Income | (3M) | 29M | (22M) | (7M) | 27M | 17.7M | |
Intangible Assets | 42M | 25M | 19M | 64M | 495M | 519.8M | |
Net Tangible Assets | 5.1B | 2.9B | 2.1B | 3.8B | 3.4B | 4.6B | |
Noncontrolling Interest In Consolidated Entity | 1.3B | 565M | 252M | (225M) | (202.5M) | (192.4M) | |
Retained Earnings Total Equity | 3.1B | 813M | (148M) | 1.7B | 1.5B | 1.5B | |
Long Term Debt Total | 12.4B | 13.9B | 14.7B | 13.9B | 16.0B | 12.1B | |
Capital Surpluse | 6.6B | 6.6B | 6.6B | 6.7B | 7.7B | 7.0B | |
Deferred Long Term Liab | 183M | 188M | 173M | 152M | 136.8M | 130.0M |
Pair Trading with Las Vegas
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 Las Vegas 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 Las Vegas will appreciate offsetting losses from the drop in the long position's value.Moving against Las Stock
0.8 | CMG | Chipotle Mexican Grill | PairCorr |
0.76 | WEN | The Wendys | PairCorr |
0.72 | BH | Biglari Holdings | PairCorr |
0.72 | WING | Wingstop | PairCorr |
0.7 | CDROW | Codere Online Luxembourg | PairCorr |
The ability to find closely correlated positions to Las Vegas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Las Vegas 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 Las Vegas - 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 Las Vegas Sands to buy it.
The correlation of Las Vegas 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 Las Vegas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Las Vegas Sands 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 Las Vegas 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Las Vegas Sands. 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. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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When running Las Vegas' price analysis, check to measure Las Vegas' 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 Las Vegas is operating at the current time. Most of Las Vegas' value examination focuses on studying past and present price action to predict the probability of Las Vegas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Las Vegas' price. Additionally, you may evaluate how the addition of Las Vegas to your portfolios can decrease your overall portfolio volatility.
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Is Las Vegas' 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 Las Vegas. If investors know Las 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 Las Vegas 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 2.467 | Dividend Share 0.8 | Earnings Share 2.07 | Revenue Per Share 14.761 | Quarterly Revenue Growth 0.396 |
The market value of Las Vegas Sands is measured differently than its book value, which is the value of Las that is recorded on the company's balance sheet. Investors also form their own opinion of Las Vegas' value that differs from its market value or its book value, called intrinsic value, which is Las Vegas' 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 Las Vegas' market value can be influenced by many factors that don't directly affect Las Vegas' 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 Las Vegas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Las Vegas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Las Vegas' 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.