LZB Long Term Investments vs Net Invested Capital Analysis

LZB Stock

USD 37.52 0.65 1.76%

La Z financial indicator trend analysis is infinitely more than just investigating La Z Boy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether La Z Boy is a good investment. Please check the relationship between La Z Long Term Investments and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Long Term Investments vs Net Invested Capital

Long Term Investments vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of La Z Boy Long Term Investments account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between La Z's Long Term Investments and Net Invested Capital is -0.63. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of La Z Boy Incorporated, assuming nothing else is changed. The correlation between historical values of La Z's Long Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of La Z Boy Incorporated are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Investments i.e., La Z's Long Term Investments and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of La Z balance sheet that represents investments La Z Boy intends to hold for over a year. La Z Boy Incorporated long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from La Z's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into La Z Boy 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 La Z Boy Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

At present, La Z's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 7.04, whereas Selling General Administrative is forecasted to decline to about 389.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	916.0M	1.0B	1.2B	1.2B
Total Revenue	2.4B	2.3B	2.7B	1.5B

Gross Profit Total Revenue

La Z fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Common Stock Total Equity
Total Assets		0.94	0.79	0.96	0.96	0.98	0.74	0.96	0.95	0.99	0.86	0.95	-0.04	-0.94	0.98	0.79	0.88	0.87	0.98	0.95	0.82	0.82	0.77	0.82	0.91	0.25
Short Long Term Debt Total	0.94		0.66	0.91	0.83	0.98	0.89	0.89	0.91	0.96	0.73	0.91	-0.26	-0.86	0.99	0.65	0.81	0.69	0.96	0.95	0.72	0.94	0.81	0.72	0.87	0.01
Other Current Liab	0.79	0.66		0.85	0.71	0.71	0.49	0.67	0.7	0.75	0.85	0.7	0.1	-0.77	0.72	0.92	0.87	0.7	0.8	0.67	0.95	0.52	0.6	0.91	0.71	0.21
Total Current Liabilities	0.96	0.91	0.85		0.85	0.93	0.75	0.85	0.9	0.94	0.83	0.9	0.04	-0.86	0.94	0.78	0.97	0.76	0.99	0.89	0.85	0.78	0.76	0.83	0.87	0.13
Total Stockholder Equity	0.96	0.83	0.71	0.85		0.92	0.58	0.97	0.91	0.95	0.84	0.91	0.0	-0.94	0.89	0.78	0.74	0.96	0.88	0.91	0.74	0.71	0.69	0.78	0.87	0.42
Property Plant And Equipment Net	0.98	0.98	0.71	0.93	0.92		0.83	0.95	0.93	0.99	0.79	0.93	-0.17	-0.92	1.0	0.73	0.84	0.79	0.98	0.98	0.76	0.88	0.81	0.77	0.91	0.12
Net Debt	0.74	0.89	0.49	0.75	0.58	0.83		0.67	0.63	0.79	0.54	0.63	-0.34	-0.68	0.84	0.49	0.71	0.4	0.81	0.82	0.53	0.89	0.78	0.52	0.74	-0.29
Retained Earnings	0.96	0.89	0.67	0.85	0.97	0.95	0.67		0.91	0.96	0.79	0.91	-0.11	-0.95	0.92	0.72	0.73	0.86	0.9	0.96	0.69	0.74	0.78	0.76	0.9	0.23
Cash	0.95	0.91	0.7	0.9	0.91	0.93	0.63	0.91		0.93	0.78	1.0	-0.13	-0.86	0.94	0.69	0.77	0.82	0.93	0.88	0.78	0.81	0.68	0.78	0.82	0.29
Non Current Assets Total	0.99	0.96	0.75	0.94	0.95	0.99	0.79	0.96	0.93		0.85	0.93	-0.15	-0.95	0.98	0.76	0.85	0.84	0.97	0.96	0.77	0.86	0.83	0.79	0.94	0.16
Non Currrent Assets Other	0.86	0.73	0.85	0.83	0.84	0.79	0.54	0.79	0.78	0.85		0.78	-0.01	-0.91	0.8	0.87	0.79	0.8	0.83	0.75	0.84	0.64	0.73	0.88	0.87	0.25
Cash And Short Term Investments	0.95	0.91	0.7	0.9	0.91	0.93	0.63	0.91	1.0	0.93	0.78		-0.13	-0.86	0.94	0.69	0.77	0.82	0.93	0.88	0.78	0.81	0.68	0.78	0.82	0.29
Net Receivables	-0.04	-0.26	0.1	0.04	0.0	-0.17	-0.34	-0.11	-0.13	-0.15	-0.01	-0.13		0.17	-0.18	0.1	0.14	0.15	-0.06	-0.1	0.05	-0.4	-0.39	0.01	-0.24	0.51
Common Stock Shares Outstanding	-0.94	-0.86	-0.77	-0.86	-0.94	-0.92	-0.68	-0.95	-0.86	-0.95	-0.91	-0.86	0.17		-0.9	-0.82	-0.77	-0.85	-0.89	-0.91	-0.77	-0.75	-0.83	-0.82	-0.94	-0.17
Non Current Liabilities Total	0.98	0.99	0.72	0.94	0.89	1.0	0.84	0.92	0.94	0.98	0.8	0.94	-0.18	-0.9		0.72	0.85	0.77	0.98	0.96	0.77	0.9	0.81	0.77	0.9	0.1
Inventory	0.79	0.65	0.92	0.78	0.78	0.73	0.49	0.72	0.69	0.76	0.87	0.69	0.1	-0.82	0.72		0.78	0.79	0.76	0.72	0.95	0.53	0.53	0.95	0.69	0.36
Other Current Assets	0.88	0.81	0.87	0.97	0.74	0.84	0.71	0.73	0.77	0.85	0.79	0.77	0.14	-0.77	0.85	0.78		0.68	0.92	0.79	0.84	0.69	0.7	0.79	0.8	0.09
Other Stockholder Equity	0.87	0.69	0.7	0.76	0.96	0.79	0.4	0.86	0.82	0.84	0.8	0.82	0.15	-0.85	0.77	0.79	0.68		0.78	0.76	0.73	0.6	0.5	0.73	0.75	0.63
Total Liab	0.98	0.96	0.8	0.99	0.88	0.98	0.81	0.9	0.93	0.97	0.83	0.93	-0.06	-0.89	0.98	0.76	0.92	0.78		0.94	0.83	0.85	0.8	0.81	0.9	0.12
Property Plant And Equipment Gross	0.95	0.95	0.67	0.89	0.91	0.98	0.82	0.96	0.88	0.96	0.75	0.88	-0.1	-0.91	0.96	0.72	0.79	0.76	0.94		0.71	0.8	0.79	0.77	0.87	0.1
Total Current Assets	0.82	0.72	0.95	0.85	0.74	0.76	0.53	0.69	0.78	0.77	0.84	0.78	0.05	-0.77	0.77	0.95	0.84	0.73	0.83	0.71		0.62	0.53	0.96	0.68	0.31
Short Term Debt	0.82	0.94	0.52	0.78	0.71	0.88	0.89	0.74	0.81	0.86	0.64	0.81	-0.4	-0.75	0.9	0.53	0.69	0.6	0.85	0.8	0.62		0.72	0.57	0.78	0.01
Intangible Assets	0.77	0.81	0.6	0.76	0.69	0.81	0.78	0.78	0.68	0.83	0.73	0.68	-0.39	-0.83	0.81	0.53	0.7	0.5	0.8	0.79	0.53	0.72		0.59	0.94	-0.34
Accounts Payable	0.82	0.72	0.91	0.83	0.78	0.77	0.52	0.76	0.78	0.79	0.88	0.78	0.01	-0.82	0.77	0.95	0.79	0.73	0.81	0.77	0.96	0.57	0.59		0.72	0.25
Good Will	0.91	0.87	0.71	0.87	0.87	0.91	0.74	0.9	0.82	0.94	0.87	0.82	-0.24	-0.94	0.9	0.69	0.8	0.75	0.9	0.87	0.68	0.78	0.94	0.72		-0.01
Common Stock Total Equity	0.25	0.01	0.21	0.13	0.42	0.12	-0.29	0.23	0.29	0.16	0.25	0.29	0.51	-0.17	0.1	0.36	0.09	0.63	0.12	0.1	0.31	0.01	-0.34	0.25	-0.01

Click cells to compare fundamentals

La Z Account Relationship Matchups

La Z fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.8B	1.9B	1.9B	2.1B	2.3B
Short Long Term Debt Total	409.5M	362.6M	430.1M	445.9M	512.8M	538.4M
Other Current Liab	97.5M	160.7M	174.2M	139.9M	160.9M	97.5M
Total Current Liabilities	350.2M	611.7M	675.7M	475.9M	547.2M	574.6M
Total Stockholder Equity	700.8M	773.5M	810.7M	941.8M	1.1B	1.1B
Property Plant And Equipment Net	533.4M	563.0M	658.9M	694.8M	799.1M	839.0M
Net Debt	148.0M	(28.6M)	184.5M	102.5M	92.3M	96.9M
Retained Earnings	343.6M	399.0M	431.2M	545.2M	626.9M	658.3M
Cash	261.6M	391.2M	245.6M	343.4M	394.9M	414.6M
Non Current Assets Total	808.6M	860.2M	980.3M	1.0B	1.2B	1.2B
Non Currrent Assets Other	38.6M	44.2M	48.0M	45.0M	51.8M	41.3M
Cash And Short Term Investments	261.6M	391.2M	245.6M	343.4M	394.9M	414.6M
Net Receivables	99.4M	139.3M	183.7M	125.5M	113.0M	157.4M
Common Stock Shares Outstanding	46.7M	46.4M	44.3M	43.2M	38.9M	42.2M
Liabilities And Stockholders Equity	1.4B	1.8B	1.9B	1.9B	2.1B	2.3B
Non Current Liabilities Total	368.4M	392.5M	436.8M	438.3M	504.1M	529.3M
Inventory	181.6M	226.1M	303.2M	276.3M	317.7M	167.1M
Other Current Assets	81.8M	166.0M	216.0M	106.1M	122.0M	128.2M
Other Stockholder Equity	318.2M	330.6M	342.3M	358.9M	412.7M	433.4M
Total Liab	718.6M	1.0B	1.1B	914.2M	1.1B	1.1B
Property Plant And Equipment Gross	533.4M	563.0M	1.1B	1.1B	1.3B	1.4B
Total Current Assets	626.3M	926.2M	951.8M	854.6M	982.8M	525.2M
Accumulated Other Comprehensive Income	(7.0M)	(1.5M)	(5.8M)	(5.5M)	(6.4M)	(6.7M)
Short Term Debt	139.4M	67.6M	75.3M	77.8M	89.4M	93.9M
Intangible Assets	28.7M	30.4M	34.0M	39.4M	35.4M	38.4M
Accounts Payable	55.5M	94.2M	104.0M	107.5M	123.6M	62.2M
Good Will	161.0M	175.8M	194.6M	205.0M	235.8M	247.5M
Common Stock Total Equity	45.9M	45.4M	43.1M	43.3M	49.8M	51.3M
Short Term Investments	22.0M	20.6M	17.4M	6.4M	5.8M	5.5M
Common Stock	45.9M	45.4M	43.1M	43.3M	49.8M	51.3M
Other Liab	98.3M	97.5M	81.9M	70.1M	80.7M	74.6M
Other Assets	59.4M	90.9M	58.7M	53.9M	48.5M	53.9M
Property Plant Equipment	214.8M	219.2M	253.1M	278.6M	320.4M	205.9M
Current Deferred Revenue	57.8M	289.2M	322.2M	150.7M	173.3M	182.0M
Net Tangible Assets	781.2M	862.3M	937.0M	1.1B	1.2B	691.5M
Noncontrolling Interest In Consolidated Entity	15.6M	8.6M	8.9M	10.3M	11.8M	11.2M
Retained Earnings Total Equity	343.6M	399.0M	431.2M	545.2M	626.9M	345.0M
Long Term Debt Total	0.0	473K	350K	225K	202.5K	192.4K
Capital Surpluse	318.2M	330.6M	342.3M	358.9M	412.7M	324.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
BAC	Bank of America
GM	General Motors

When determining whether La Z Boy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La Z's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:

How To Invest In LZB

Details

Is LZB Stock a good investment?

Details

What is La Z's Net Worth?

Details

Largest Household Durables Companies

View

Largest Furnishings, Fixtures & Appliances Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Note that the La Z Boy information on this page should be used as a complementary analysis to other La Z's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for LZB Stock analysis

When running La Z's price analysis, check to measure La Z'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 La Z is operating at the current time. Most of La Z's value examination focuses on studying past and present price action to predict the probability of La Z's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move La Z's price. Additionally, you may evaluate how the addition of La Z to your portfolios can decrease your overall portfolio volatility.

	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments

Is La Z'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 La Z. If investors know LZB 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 La Z 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

(0.10)

Dividend Share

0.745

Earnings Share

2.77

Revenue Per Share

47.71

Quarterly Revenue Growth

(0.13)

The market value of La Z Boy is measured differently than its book value, which is the value of LZB that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z'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 La Z's market value can be influenced by many factors that don't directly affect La Z'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 La Z's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Z is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

LZB Long Term Investments vs Net Invested Capital Analysis

Long Term Investments vs Net Invested Capital

Long Term Investments vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Long Term Investments

Net Invested Capital

La Z fundamental ratios Correlations

La Z Account Relationship Matchups

High Positive Relationship

High Negative Relationship

La Z fundamental ratios Accounts

Also Currently Popular

Complementary Tools for LZB Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Common Stock Shares Outstanding	- 0.95	Non Current Assets Total
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Good Will	- 0.94	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.94	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.94	Total Assets
Common Stock Shares Outstanding	- 0.92	Property Plant And Equipment Net