Live Accounts Payable vs Property Plant Equipment Analysis

LYV Stock  USD 89.28  0.37  0.42%   
Live Nation financial indicator trend analysis is infinitely more than just investigating Live Nation Entertainment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Live Nation Entertainment is a good investment. Please check the relationship between Live Nation Accounts Payable and its Property Plant Equipment accounts. 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.

Accounts Payable vs Property Plant Equipment

Accounts Payable vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Live Nation Entertainment Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Live Nation's Accounts Payable and Property Plant Equipment is 0.48. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Live Nation Entertainment, assuming nothing else is changed. The correlation between historical values of Live Nation's Accounts Payable and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Live Nation Entertainment are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accounts Payable i.e., Live Nation's Accounts Payable and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Live Nation obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Live Nation Entertainment are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant Equipment

Most indicators from Live Nation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 16.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 314.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B4.3B5.5B5.7B
Total Revenue6.3B16.7B22.7B23.9B

Live Nation fundamental ratios Correlations

-0.720.340.240.330.990.970.970.990.880.970.990.55-0.470.950.990.960.560.940.990.950.620.950.090.540.84
-0.72-0.78-0.24-0.82-0.81-0.84-0.68-0.74-0.71-0.72-0.78-0.70.12-0.78-0.78-0.86-0.6-0.89-0.78-0.62-0.88-0.860.49-0.81-0.48
0.34-0.78-0.10.920.450.450.40.410.420.320.390.420.380.530.430.540.440.510.430.340.910.48-0.830.720.14
0.24-0.24-0.1-0.230.250.370.030.120.240.380.280.75-0.64-0.010.140.240.310.380.14-0.010.140.40.350.020.23
0.33-0.820.92-0.230.450.440.390.410.380.290.380.320.410.540.450.540.360.510.450.330.80.47-0.860.740.11
0.99-0.810.450.250.450.990.950.980.880.970.990.61-0.420.960.990.980.590.970.990.930.70.97-0.020.620.8
0.97-0.840.450.370.440.990.90.940.850.970.980.72-0.460.910.960.980.580.990.960.870.711.0-0.020.620.78
0.97-0.680.40.030.390.950.90.990.850.90.940.37-0.280.980.970.930.510.870.970.990.610.86-0.020.510.85
0.99-0.740.410.120.410.980.940.990.870.930.980.46-0.380.980.990.950.570.920.990.970.650.920.010.580.82
0.88-0.710.420.240.380.880.850.850.870.820.890.49-0.370.850.870.860.590.860.870.830.660.850.00.540.7
0.97-0.720.320.380.290.970.970.90.930.820.960.69-0.490.870.930.960.480.940.930.890.60.960.110.480.86
0.99-0.780.390.280.380.990.980.940.980.890.960.59-0.50.950.990.960.630.960.990.920.670.960.070.610.78
0.55-0.70.420.750.320.610.720.370.460.490.690.59-0.440.40.50.650.410.740.50.330.640.76-0.080.470.42
-0.470.120.38-0.640.41-0.42-0.46-0.28-0.38-0.37-0.49-0.5-0.44-0.24-0.4-0.29-0.43-0.42-0.4-0.26-0.02-0.45-0.77-0.14-0.27
0.95-0.780.53-0.010.540.960.910.980.980.850.870.950.4-0.240.980.940.590.890.980.960.720.88-0.150.650.74
0.99-0.780.430.140.450.990.960.970.990.870.930.990.5-0.40.980.960.610.941.00.950.680.94-0.010.620.78
0.96-0.860.540.240.540.980.980.930.950.860.960.960.65-0.290.940.960.530.970.960.910.750.97-0.160.620.81
0.56-0.60.440.310.360.590.580.510.570.590.480.630.41-0.430.590.610.530.630.610.430.630.6-0.040.760.11
0.94-0.890.510.380.510.970.990.870.920.860.940.960.74-0.420.890.940.970.630.940.830.751.0-0.10.660.74
0.99-0.780.430.140.450.990.960.970.990.870.930.990.5-0.40.981.00.960.610.940.950.680.94-0.010.620.78
0.95-0.620.34-0.010.330.930.870.990.970.830.890.920.33-0.260.960.950.910.430.830.950.550.830.020.440.87
0.62-0.880.910.140.80.70.710.610.650.660.60.670.64-0.020.720.680.750.630.750.680.550.73-0.540.780.34
0.95-0.860.480.40.470.971.00.860.920.850.960.960.76-0.450.880.940.970.61.00.940.830.73-0.050.640.75
0.090.49-0.830.35-0.86-0.02-0.02-0.020.010.00.110.07-0.08-0.77-0.15-0.01-0.16-0.04-0.1-0.010.02-0.54-0.05-0.410.14
0.54-0.810.720.020.740.620.620.510.580.540.480.610.47-0.140.650.620.620.760.660.620.440.780.64-0.410.1
0.84-0.480.140.230.110.80.780.850.820.70.860.780.42-0.270.740.780.810.110.740.780.870.340.750.140.1
Click cells to compare fundamentals

Live Nation Account Relationship Matchups

Live Nation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.0B10.6B14.4B16.5B19.1B20.0B
Total Stockholder Equity1.1B(471.8M)(582.7M)(367.6M)(17.1M)(16.3M)
Common Stock Shares Outstanding210.1M212.3M217.2M231.6M231.0M166.1M
Liabilities And Stockholders Equity11.0B10.6B14.4B16.5B19.1B20.0B
Other Assets857.6M2.9B1.1B792.1M910.9M583.9M
Other Stockholder Equity2.2B2.4B2.9B2.7B2.4B2.3B
Total Liab9.1B10.5B14.0B15.7B17.6B18.5B
Short Long Term Debt Total4.8B6.5B7.5B7.7B8.4B8.9B
Other Current Liab1.5B966.2M1.7B2.4B3.1B3.3B
Total Current Liabilities4.1B3.8B6.9B8.3B10.0B10.5B
Other Liab308.8M353.3M431.6M456.0M524.4M550.6M
Property Plant And Equipment Net2.5B2.5B2.6B3.1B3.7B3.9B
Current Deferred Revenue1.4B1.8B2.8B3.1B3.4B3.6B
Net Debt2.3B3.9B2.6B2.1B2.2B1.2B
Retained Earnings(949.3M)(2.7B)(3.3B)(3.0B)(2.4B)(2.3B)
Accounts Payable1.1B830.5M1.6B2.0B2.1B2.2B
Cash2.5B2.5B4.9B5.6B6.2B6.5B
Non Current Assets Total6.8B6.9B7.7B8.3B9.5B10.0B
Non Currrent Assets Other135.1M391.3M548.5M884.8M311.2M251.6M
Long Term Debt3.3B4.9B5.1B5.3B5.5B5.7B
Cash And Short Term Investments2.5B2.5B4.9B5.6B6.2B6.5B
Net Receivables1.0B486.7M1.1B1.5B2.1B2.2B
Good Will2.0B2.1B2.6B2.5B2.7B1.4B
Non Current Liabilities Total5.0B6.7B7.2B7.4B7.6B8.0B
Inventory16.1M22M33.8M38.7M45.1M60.8M
Other Current Assets6.1M39.5M74.8M131.9M33.2M26.5M
Property Plant And Equipment Gross2.5B2.5B1.1B1.5B5.5B5.8B
Total Current Assets4.2B3.6B6.7B8.2B9.6B10.1B
Accumulated Other Comprehensive Income(145.7M)(177.0M)(148.0M)(90.1M)27.5M28.8M
Short Term Debt159.7M160.6M709.0M760.3M1.3B1.4B
Intangible Assets1.2B1.2B1.4B1.4B1.5B980.9M
Property Plant Equipment2.5B1.1B1.1B1.5B1.7B1.0B
Common Stock Total Equity2.1M2.1M2.2M2.3M2.6M1.8M
Common Stock2.1M2.1M2.2M2.3M2.3M1.9M
Net Tangible Assets(2.1B)1.2B1.3B1.7B1.5B811.8M
Warrants449.5M272.4M551.9M669.8M770.2M808.7M
Noncontrolling Interest In Consolidated Entity318.1M338.0M394.2M461.4M530.6M284.4M

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When determining whether Live Nation Entertainment is a strong investment it is important to analyze Live Nation's 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 Live Nation's future performance. For an informed investment choice regarding Live Stock, refer to the following important reports:
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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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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
1.37
Revenue Per Share
99.502
Quarterly Revenue Growth
0.361
Return On Assets
0.0384
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.