Live Historical Financial Ratios
| LYV Stock | USD 96.59 0.21 0.22% |
Live Nation is lately reporting on over 116 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Free Cash Flow Yield of 0.0439 will help investors to properly organize and evaluate Live Nation Entertainment financial condition quickly.
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About Live Financial Ratios Analysis
Live Nation EntertainmentFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Live Nation investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Live financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Live Nation history.
Live Nation Financial Ratios Chart
Live Nation Entertainment financial ratios usually calculated using numerical values taken directly from Live Nation financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Live Nation. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, Live Nation's Income Quality is fairly stable compared to the past year. EV To Operating Cash Flow is likely to climb to 21.26 in 2024, despite the fact that PTB Ratio is likely to grow to (1.2 K). Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Live Nation Entertainment stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Live Nation sales, a figure that is much harder to manipulate than other Live Nation Entertainment multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most ratios from Live Nation's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Live Nation Entertainment current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Nation Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. At this time, Live Nation's Income Quality is fairly stable compared to the past year. EV To Operating Cash Flow is likely to climb to 21.26 in 2024, despite the fact that PTB Ratio is likely to grow to (1.2 K).
| 2021 | 2022 (projected) | Payables Turnover | 2.65 | 6.26 | Days Of Inventory On Hand | 2.83 | 1.15 |
Live Nation fundamentals Correlations
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Live Nation Account Relationship Matchups
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Live Nation fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.95 | 1.3 | 8.38 | 4.15 | 0.94 | 0.82 | |
| Ptb Ratio | 13.1 | (33.06) | (44.62) | (42.65) | (1.2K) | (1.2K) | |
| Days Sales Outstanding | 32.54 | 95.45 | 62.1 | 32.06 | 33.9 | 24.11 | |
| Book Value Per Share | 5.45 | (2.22) | (2.68) | (1.64) | (0.075) | (0.0713) | |
| Free Cash Flow Yield | 0.006924 | (0.0837) | 0.0623 | 0.0943 | 0.0418 | 0.0439 | |
| Invested Capital | 4.19 | (13.7) | (12.8) | (20.94) | (492.06) | (467.46) | |
| Operating Cash Flow Per Share | 2.24 | (5.1) | 8.2 | 8.15 | 6.0 | 6.3 | |
| Capex To Depreciation | (0.82) | (0.46) | (0.38) | (0.79) | (0.92) | (0.97) | |
| Pb Ratio | 13.1 | (33.06) | (44.62) | (42.65) | (1.2K) | (1.2K) | |
| Ev To Sales | 1.5 | 10.49 | 4.56 | 1.07 | 1.04 | 0.98 | |
| Free Cash Flow Per Share | 0.49 | (6.15) | 7.46 | 6.58 | 3.92 | 4.11 | |
| Roic | 0.0349 | (0.27) | (0.0599) | 0.0809 | 0.1 | 0.11 | |
| Inventory Turnover | 525.72 | 63.75 | 128.78 | 318.59 | 383.07 | 196.68 | |
| Net Income Per Share | 0.56 | (8.61) | (2.8) | 1.82 | 2.46 | 2.59 | |
| Days Of Inventory On Hand | 0.82 | 0.58 | 0.69 | 5.73 | 2.83 | 1.15 | |
| Payables Turnover | 7.65 | 1.69 | 2.65 | 6.26 | 8.1 | 7.7 | |
| Capex To Revenue | (0.0241) | (0.0255) | (0.0317) | (0.12) | (0.0212) | (0.0219) | |
| Cash Per Share | 11.76 | 11.96 | 22.49 | 24.94 | 27.26 | 28.62 | |
| Pocfratio | 31.96 | (14.41) | 14.6 | 8.56 | 15.61 | 18.23 | |
| Interest Coverage | 2.06 | (7.29) | (1.46) | 2.63 | 3.04 | 3.2 | |
| Capex To Operating Cash Flow | (0.78) | 0.21 | (0.0898) | (0.19) | (0.35) | (0.36) | |
| Pfcf Ratio | 144.43 | (11.95) | 16.04 | 10.6 | 23.9 | 14.93 | |
| Days Payables Outstanding | 47.68 | 216.14 | 137.67 | 58.31 | 45.05 | 38.98 | |
| Income Quality | 3.97 | 0.59 | (2.92) | 4.48 | 1.87 | 3.58 | |
| Roe | 0.1 | 3.87 | 1.04 | (1.11) | (32.85) | (31.21) | |
| Ev To Operating Cash Flow | 36.93 | (18.03) | 16.05 | 9.7 | 17.22 | 21.26 | |
| Pe Ratio | 127.01 | (8.53) | (42.7) | 38.31 | 37.99 | 39.89 | |
| Return On Tangible Assets | 0.0153 | (0.25) | (0.0584) | 0.0327 | 0.0379 | 0.0398 | |
| Ev To Free Cash Flow | 166.89 | (14.96) | 17.63 | 12.02 | 26.36 | 18.14 | |
| Earnings Yield | 0.007873 | (0.12) | (0.0234) | 0.0261 | 0.0263 | 0.0276 | |
| Intangibles To Total Assets | 0.29 | 0.32 | 0.28 | 0.24 | 0.22 | 0.25 | |
| Net Debt To E B I T D A | 0.66 | 2.98 | (3.43) | 967.98 | 1.25 | 1.19 | |
| Tangible Book Value Per Share | (6.3) | (15.15) | (16.68) | (14.17) | (12.03) | (11.43) | |
| Receivables Turnover | 11.22 | 3.82 | 5.88 | 11.38 | 10.77 | 15.5 | |
| Graham Number | 8.31 | 20.75 | 13.01 | 8.18 | 2.04 | 1.94 | |
| Shareholders Equity Per Share | 5.45 | (2.22) | (2.68) | (1.64) | (0.075) | (0.0713) | |
| Debt To Equity | 4.19 | (13.7) | (12.8) | (20.94) | (492.06) | (467.46) |
Pair Trading with Live Nation
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 Live Nation 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 Live Nation will appreciate offsetting losses from the drop in the long position's value.Moving against Live Stock
| 0.52 | SY | So Young International Earnings Call This Week | PairCorr |
| 0.51 | VSME | VS Media Holdings | PairCorr |
| 0.46 | OB | Outbrain | PairCorr |
The ability to find closely correlated positions to Live Nation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Live Nation 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 Live Nation - 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 Live Nation Entertainment to buy it.
The correlation of Live Nation 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 Live Nation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Live Nation Entertainment 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 Live Nation 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 Live Nation Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Live Stock analysis
When running Live Nation's price analysis, check to measure Live Nation'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 Live Nation is operating at the current time. Most of Live Nation's value examination focuses on studying past and present price action to predict the probability of Live Nation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Live Nation's price. Additionally, you may evaluate how the addition of Live Nation to your portfolios can decrease your overall portfolio volatility.
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Is Live Nation'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 Live Nation. 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 Nation 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 0.281 | Earnings Share 1.09 | Revenue Per Share 102.296 | Quarterly Revenue Growth 0.215 | Return On Assets 0.0353 |
The market value of Live Nation Entertainment 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 Nation's value that differs from its market value or its book value, called intrinsic value, which is Live Nation'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 Live Nation's market value can be influenced by many factors that don't directly affect Live Nation'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 Live Nation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Live Nation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Live Nation'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.