Live Cash And Short Term Investments vs Total Assets Analysis
LYV Stock | USD 101.98 2.55 2.56% |
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 Cash And Short Term Investments and its Total Assets 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.
Cash And Short Term Investments vs Total Assets
Cash And Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Live Nation Entertainment Cash And Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Live Nation's Cash And Short Term Investments and Total Assets is 0.99. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets 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 Cash And Short Term Investments 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 Cash And Short Term Investments of Live Nation Entertainment 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 Cash And Short Term Investments i.e., Live Nation's Cash And Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Live Nation Entertainment balance sheet. This account contains Live Nation investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Live Nation Entertainment fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Assets
Total assets refers to the total amount of Live Nation 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 Live Nation Entertainment 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 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 Profit | 1.9B | 4.3B | 5.5B | 5.7B | Total Revenue | 6.3B | 16.7B | 22.7B | 23.9B |
Live Nation fundamental ratios Correlations
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Live Nation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Live Nation fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.0B | 10.6B | 14.4B | 16.5B | 19.1B | 20.0B | |
Total Stockholder Equity | 1.1B | (471.8M) | (582.7M) | (367.6M) | (17.1M) | (16.3M) | |
Common Stock Shares Outstanding | 210.1M | 212.3M | 217.2M | 231.6M | 231.0M | 166.1M | |
Liabilities And Stockholders Equity | 11.0B | 10.6B | 14.4B | 16.5B | 19.1B | 20.0B | |
Other Assets | 857.6M | 2.9B | 1.1B | 792.1M | 910.9M | 583.9M | |
Other Stockholder Equity | 2.2B | 2.4B | 2.9B | 2.7B | 2.4B | 2.3B | |
Total Liab | 9.1B | 10.5B | 14.0B | 15.7B | 17.6B | 18.5B | |
Short Long Term Debt Total | 4.8B | 6.5B | 7.5B | 7.7B | 8.4B | 8.9B | |
Other Current Liab | 1.5B | 966.2M | 1.7B | 2.4B | 3.1B | 3.3B | |
Total Current Liabilities | 4.1B | 3.8B | 6.9B | 8.3B | 10.0B | 10.5B | |
Other Liab | 308.8M | 353.3M | 431.6M | 456.0M | 524.4M | 550.6M | |
Property Plant And Equipment Net | 2.5B | 2.5B | 2.6B | 3.1B | 3.7B | 3.9B | |
Current Deferred Revenue | 1.4B | 1.8B | 2.8B | 3.1B | 3.4B | 3.6B | |
Net Debt | 2.3B | 3.9B | 2.6B | 2.1B | 2.2B | 1.2B | |
Retained Earnings | (949.3M) | (2.7B) | (3.3B) | (3.0B) | (2.4B) | (2.3B) | |
Accounts Payable | 1.1B | 830.5M | 1.6B | 2.0B | 2.1B | 2.2B | |
Cash | 2.5B | 2.5B | 4.9B | 5.6B | 6.2B | 6.5B | |
Non Current Assets Total | 6.8B | 6.9B | 7.7B | 8.3B | 9.5B | 10.0B | |
Non Currrent Assets Other | 135.1M | 391.3M | 548.5M | 884.8M | 311.2M | 251.6M | |
Long Term Debt | 3.3B | 4.9B | 5.1B | 5.3B | 5.5B | 5.7B | |
Cash And Short Term Investments | 2.5B | 2.5B | 4.9B | 5.6B | 6.2B | 6.5B | |
Net Receivables | 1.0B | 486.7M | 1.1B | 1.5B | 2.1B | 2.2B | |
Good Will | 2.0B | 2.1B | 2.6B | 2.5B | 2.7B | 1.4B | |
Non Current Liabilities Total | 5.0B | 6.7B | 7.2B | 7.4B | 7.6B | 8.0B | |
Inventory | 16.1M | 22M | 33.8M | 38.7M | 45.1M | 60.8M | |
Other Current Assets | 6.1M | 39.5M | 74.8M | 131.9M | 33.2M | 26.5M | |
Property Plant And Equipment Gross | 2.5B | 2.5B | 1.1B | 1.5B | 5.5B | 5.8B | |
Total Current Assets | 4.2B | 3.6B | 6.7B | 8.2B | 9.6B | 10.1B | |
Accumulated Other Comprehensive Income | (145.7M) | (177.0M) | (148.0M) | (90.1M) | 27.5M | 28.8M | |
Short Term Debt | 159.7M | 160.6M | 709.0M | 760.3M | 1.3B | 1.4B | |
Intangible Assets | 1.2B | 1.2B | 1.4B | 1.4B | 1.5B | 980.9M | |
Property Plant Equipment | 2.5B | 1.1B | 1.1B | 1.5B | 1.7B | 1.0B | |
Common Stock Total Equity | 2.1M | 2.1M | 2.2M | 2.3M | 2.6M | 1.8M | |
Common Stock | 2.1M | 2.1M | 2.2M | 2.3M | 2.3M | 1.9M | |
Net Tangible Assets | (2.1B) | 1.2B | 1.3B | 1.7B | 1.5B | 811.8M | |
Warrants | 449.5M | 272.4M | 551.9M | 669.8M | 770.2M | 808.7M | |
Noncontrolling Interest In Consolidated Entity | 318.1M | 338.0M | 394.2M | 461.4M | 530.6M | 284.4M |
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 together with Live Stock
0.62 | CMCSA | Comcast Corp Financial Report 25th of July 2024 | PairCorr |
Moving against Live Stock
0.55 | MANU | Manchester United Financial Report 25th of June 2024 | PairCorr |
0.5 | VSME | VS Media Holdings | 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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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 1.09 | 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.