Laboratory Long Term Investments vs Accounts Payable Analysis

LH Stock  USD 200.08  1.24  0.62%   
Laboratory financial indicator trend analysis is infinitely more than just investigating Laboratory recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Laboratory is a good investment. Please check the relationship between Laboratory Long Term Investments and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laboratory of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laboratory Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Laboratory's Long Term Investments and Accounts Payable is -0.65. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Laboratory of, assuming nothing else is changed. The correlation between historical values of Laboratory's Long Term Investments and Accounts Payable 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 Laboratory of are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Investments i.e., Laboratory's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Investments

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

Accounts Payable

An accounting item on the balance sheet that represents Laboratory 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 Laboratory 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.
Most indicators from Laboratory's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Laboratory 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 Laboratory of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
As of now, Laboratory's Tax Provision is increasing as compared to previous years. The Laboratory's current Enterprise Value is estimated to increase to about 8.7 B, while Selling General Administrative is projected to decrease to under 1.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit5.6B4.4B3.1B1.9B
Total Revenue16.1B14.9B12.2B12.8B

Laboratory fundamental ratios Correlations

0.580.510.520.470.410.660.480.490.310.620.090.310.440.70.320.110.660.410.660.640.260.320.190.940.9
0.580.620.690.980.950.930.950.920.540.990.430.540.960.820.850.390.980.940.960.9-0.010.850.760.570.32
0.510.620.810.650.550.450.680.470.530.60.530.530.680.530.4-0.020.570.640.510.60.410.50.410.460.18
0.520.690.810.720.740.590.740.730.260.680.540.260.70.370.710.030.630.670.60.530.690.750.70.530.35
0.470.980.650.720.960.840.980.920.560.950.530.560.990.720.870.280.920.970.880.830.00.910.840.480.19
0.410.950.550.740.960.850.940.940.470.930.540.470.940.630.930.30.90.940.880.750.10.940.90.460.2
0.660.930.450.590.840.850.780.880.30.960.220.30.780.860.780.550.970.750.990.920.00.680.60.610.48
0.480.950.680.740.980.940.780.890.570.920.610.570.980.670.840.110.870.960.830.770.040.910.840.540.2
0.490.920.470.730.920.940.880.890.270.920.440.270.870.630.960.30.880.850.870.760.130.910.870.540.34
0.310.540.530.260.560.470.30.570.270.470.361.00.630.520.240.040.50.70.450.45-0.240.460.340.350.05
0.620.990.60.680.950.930.960.920.920.470.390.470.920.850.830.430.990.90.980.92-0.010.810.720.590.37
0.090.430.530.540.530.540.220.610.440.360.390.360.550.230.44-0.360.320.520.270.30.210.590.590.22-0.17
0.310.540.530.260.560.470.30.570.271.00.470.360.630.520.250.040.50.710.450.45-0.240.460.340.350.05
0.440.960.680.70.990.940.780.980.870.630.920.550.630.70.830.220.890.980.840.8-0.020.90.810.470.14
0.70.820.530.370.720.630.860.670.630.520.850.230.520.70.480.460.880.670.880.96-0.230.440.320.640.43
0.320.850.40.710.870.930.780.840.960.240.830.440.250.830.480.290.790.830.780.630.180.930.940.40.22
0.110.39-0.020.030.280.30.550.110.30.040.43-0.360.040.220.460.290.480.230.520.51-0.220.120.1-0.10.07
0.660.980.570.630.920.90.970.870.880.50.990.320.50.890.880.790.480.871.00.93-0.030.760.660.630.43
0.410.940.640.670.970.940.750.960.850.70.90.520.710.980.670.830.230.870.830.75-0.030.920.830.460.14
0.660.960.510.60.880.880.990.830.870.450.980.270.450.840.880.780.521.00.830.92-0.040.730.630.630.46
0.640.90.60.530.830.750.920.770.760.450.920.30.450.80.960.630.510.930.750.92-0.110.580.470.570.36
0.26-0.010.410.690.00.10.00.040.13-0.24-0.010.21-0.24-0.02-0.230.18-0.22-0.03-0.03-0.04-0.110.180.190.260.32
0.320.850.50.750.910.940.680.910.910.460.810.590.460.90.440.930.120.760.920.730.580.180.950.420.16
0.190.760.410.70.840.90.60.840.870.340.720.590.340.810.320.940.10.660.830.630.470.190.950.30.06
0.940.570.460.530.480.460.610.540.540.350.590.220.350.470.640.4-0.10.630.460.630.570.260.420.30.87
0.90.320.180.350.190.20.480.20.340.050.37-0.170.050.140.430.220.070.430.140.460.360.320.160.060.87
Click cells to compare fundamentals

Laboratory Account Relationship Matchups

Laboratory fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding98.6M98M97.5M91.6M87.6M96.0M
Total Assets18.0B20.1B20.4B20.2B16.7B17.6B
Other Current Liab942.4M1.4B1.4B1.1B804M502.9M
Total Current Liabilities1.9B2.6B3.1B2.8B3.2B3.4B
Total Stockholder Equity7.6B9.4B10.3B10.1B7.9B8.3B
Property Plant And Equipment Net2.6B2.7B2.8B3.0B2.9B3.1B
Net Debt6.7B5.4B4.9B5.9B5.4B5.7B
Retained Earnings7.9B9.4B10.5B10.6B7.9B8.3B
Accounts Payable632.3M638.9M621.3M934.8M827.5M868.9M
Cash337.5M1.3B1.5B430M536.8M290.8M
Non Current Assets Total15.0B14.9B15.1B15.5B13.0B13.6B
Non Currrent Assets Other435.4M410M462.6M432.7M536.5M270.8M
Cash And Short Term Investments337.5M1.3B1.5B430M536.8M299.7M
Net Receivables2.0B3.0B3.0B3.0B2.1B2.2B
Liabilities And Stockholders Equity18.0B20.1B20.4B20.2B16.7B17.6B
Non Current Liabilities Total7.8B7.6B7.3B7.0B5.6B3.1B
Other Current Assets373.7M364.8M478.1M707M655.3M688.1M
Other Stockholder Equity26.8M110.3M(192M)(493.2M)38.4M36.5M
Total Liab10.5B10.7B10.1B10.1B8.8B9.3B
Total Current Assets3.0B5.1B5.3B4.6B3.8B4.0B
Short Long Term Debt Total7.1B6.8B6.3B6.3B6.0B6.3B
Intangible Assets4.0B4.0B3.7B3.9B3.3B2.0B
Short Term Debt621.1M575.4M199M492.8M1.2B1.2B
Inventory244.7M423.2M401.4M470.6M474.6M498.3M
Property Plant And Equipment Gross2.6B2.7B5.2B5.7B5.8B6.1B
Accumulated Other Comprehensive Income(372.4M)(161.9M)(192M)(493.2M)(59.3M)(62.3M)
Other Liab1.3B1.4B1.2B1.1B1.2B702.7M
Other Assets356.5M350.9M484.2M440.3M506.3M531.7M
Long Term Debt5.8B5.4B5.4B5.0B4.1B3.1B
Property Plant Equipment2.7B2.8B2.8B3.0B3.4B3.6B
Good Will7.9B7.8B8.0B8.1B6.1B4.4B
Current Deferred Revenue451M506.5M558.5M582.1M421.7M442.8M
Net Tangible Assets(4.3B)(2.4B)(1.4B)(2.0B)(1.8B)(1.9B)
Long Term Debt Total5.9B5.5B5.5B5.1B5.9B4.8B

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When determining whether Laboratory offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Laboratory'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 Laboratory Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Laboratory Of Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laboratory of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Laboratory information on this page should be used as a complementary analysis to other Laboratory'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Laboratory's price analysis, check to measure Laboratory'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 Laboratory is operating at the current time. Most of Laboratory's value examination focuses on studying past and present price action to predict the probability of Laboratory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laboratory's price. Additionally, you may evaluate how the addition of Laboratory to your portfolios can decrease your overall portfolio volatility.
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Is Laboratory'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 Laboratory. If investors know Laboratory 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 Laboratory 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
0.123
Dividend Share
2.88
Earnings Share
4.67
Revenue Per Share
142.986
Quarterly Revenue Growth
0.046
The market value of Laboratory is measured differently than its book value, which is the value of Laboratory that is recorded on the company's balance sheet. Investors also form their own opinion of Laboratory's value that differs from its market value or its book value, called intrinsic value, which is Laboratory'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 Laboratory's market value can be influenced by many factors that don't directly affect Laboratory'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 Laboratory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Laboratory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laboratory'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.