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 DirectionPositive 
Relationship StrengthVery 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 Profit2.8B2.6B5.2B3.9B
Total Revenue4.2B4.1B10.4B7.3B

Las Vegas fundamental ratios Correlations

0.680.980.760.780.830.730.920.60.540.70.640.910.030.320.780.640.440.860.170.780.760.060.560.840.77
0.680.750.060.40.370.630.85-0.110.640.570.330.84-0.16-0.210.090.330.860.31-0.480.090.89-0.470.870.190.19
0.980.750.670.750.750.740.950.560.490.660.510.93-0.030.20.70.510.520.810.00.70.810.070.670.760.72
0.760.060.670.610.840.370.480.90.160.410.660.490.320.680.980.66-0.150.870.660.990.240.44-0.010.980.92
0.780.40.750.610.570.790.740.620.360.680.30.68-0.320.240.710.30.210.770.310.680.510.350.30.720.53
0.830.370.750.840.570.470.660.60.520.720.830.70.160.640.780.830.090.910.450.810.57-0.020.160.880.89
0.730.630.740.370.790.470.830.350.630.740.20.78-0.310.070.450.20.30.660.010.430.690.030.420.50.31
0.920.850.950.480.740.660.830.380.640.760.430.98-0.190.140.530.430.610.74-0.090.530.92-0.120.690.610.57
0.6-0.110.560.90.620.60.350.38-0.10.220.280.360.150.580.930.28-0.250.790.60.920.090.74-0.060.880.82
0.540.640.490.160.360.520.630.64-0.10.780.540.66-0.150.080.150.540.30.45-0.050.170.68-0.530.220.280.23
0.70.570.660.410.680.720.740.760.220.780.540.78-0.270.280.410.540.220.740.180.430.7-0.280.260.530.47
0.640.330.510.660.30.830.20.430.280.540.540.480.440.50.571.00.10.580.440.60.38-0.290.080.670.64
0.910.840.930.490.680.70.780.980.360.660.780.48-0.10.170.520.480.60.74-0.060.540.91-0.160.660.610.59
0.03-0.16-0.030.32-0.320.16-0.31-0.190.15-0.15-0.270.44-0.10.120.230.44-0.270.00.290.27-0.290.07-0.120.20.21
0.32-0.210.20.680.240.640.070.140.580.080.280.50.170.120.620.5-0.310.570.810.640.050.17-0.420.650.65
0.780.090.70.980.710.780.450.530.930.150.410.570.520.230.620.57-0.120.870.640.990.250.520.040.980.88
0.640.330.510.660.30.830.20.430.280.540.541.00.480.440.50.570.10.580.440.60.38-0.290.080.670.64
0.440.860.52-0.150.210.090.30.61-0.250.30.220.10.6-0.27-0.31-0.120.1-0.01-0.58-0.110.73-0.430.88-0.05-0.01
0.860.310.810.870.770.910.660.740.790.450.740.580.740.00.570.870.58-0.010.460.880.550.250.150.930.89
0.17-0.480.00.660.310.450.01-0.090.6-0.050.180.44-0.060.290.810.640.44-0.580.460.65-0.290.4-0.650.610.48
0.780.090.70.990.680.810.430.530.920.170.430.60.540.270.640.990.6-0.110.880.650.260.50.030.990.9
0.760.890.810.240.510.570.690.920.090.680.70.380.91-0.290.050.250.380.730.55-0.290.26-0.420.720.370.42
0.06-0.470.070.440.35-0.020.03-0.120.74-0.53-0.28-0.29-0.160.070.170.52-0.29-0.430.250.40.5-0.42-0.240.390.28
0.560.870.67-0.010.30.160.420.69-0.060.220.260.080.66-0.12-0.420.040.080.880.15-0.650.030.72-0.240.080.12
0.840.190.760.980.720.880.50.610.880.280.530.670.610.20.650.980.67-0.050.930.610.990.370.390.080.92
0.770.190.720.920.530.890.310.570.820.230.470.640.590.210.650.880.64-0.010.890.480.90.420.280.120.92
Click cells to compare fundamentals

Las Vegas Account Relationship Matchups

Las Vegas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.2B20.8B20.1B22.0B21.8B17.1B
Total Stockholder Equity5.2B3.0B2.0B3.9B4.1B4.5B
Common Stock Shares Outstanding792M786M771M764M765M667.3M
Liabilities And Stockholders Equity23.2B20.8B20.1B22.0B21.8B17.1B
Short Long Term Debt Total12.5B14.0B14.8B16.0B14.0B10.1B
Other Current Liab2.5B2.5B2.3B1.3B1.8B1.6B
Total Current Liabilities3.2B2.8B2.6B3.9B4.4B2.4B
Other Liab741M735M371M377M433.6M509.1M
Property Plant And Equipment Net15.0B12.3B11.9B11.5B13.7B12.5B
Net Debt8.3B11.9B12.9B9.7B8.9B7.1B
Retained Earnings3.1B813M(148M)1.7B2.6B1.6B
Accounts Payable178M149M89M77M167M105.9M
Cash4.2B2.1B1.9B6.3B5.1B2.9B
Non Current Assets Total15.1B12.3B11.9B11.5B16.0B13.2B
Non Currrent Assets Other(316M)455M217M1.5B400M353.5M
Other Assets2.8B2.8B2.7B3.8B4.3B4.5B
Long Term Debt12.4B13.9B14.7B13.9B12.1B9.7B
Cash And Short Term Investments4.2B2.1B1.9B6.3B5.1B2.9B
Net Receivables757M218M185M222M484M672.5M
Non Current Liabilities Total12.4B13.9B14.7B13.9B13.3B10.0B
Other Current Assets285M3.4B3.4B183M150M142.5M
Other Stockholder Equity2.1B2.1B2.1B2.2B1.5B1.4B
Total Liab16.7B17.3B17.8B18.4B17.7B12.8B
Property Plant And Equipment Gross17.1B17.4B24.0B24.5B25.6B15.2B
Total Current Assets5.3B5.7B5.5B6.7B5.8B4.2B
Short Term Debt70M76M74M2.0B1.9B2.0B
Property Plant Equipment14.8B15.1B11.9B11.5B13.2B12.6B
Current Deferred Revenue540M197M74M471M543M307.1M
Accumulated Other Comprehensive Income(3M)29M(22M)(7M)27M17.7M
Intangible Assets42M25M19M64M495M519.8M
Net Tangible Assets5.1B2.9B2.1B3.8B3.4B4.6B
Noncontrolling Interest In Consolidated Entity1.3B565M252M(225M)(202.5M)(192.4M)
Retained Earnings Total Equity3.1B813M(148M)1.7B1.5B1.5B
Long Term Debt Total12.4B13.9B14.7B13.9B16.0B12.1B
Capital Surpluse6.6B6.6B6.6B6.7B7.7B7.0B
Deferred Long Term Liab183M188M173M152M136.8M130.0M

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

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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.
Pair CorrelationCorrelation Matching
When determining whether Las Vegas Sands is a strong investment it is important to analyze Las Vegas' 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 Las Vegas' future performance. For an informed investment choice regarding Las Stock, refer to the following important reports:
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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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.