LCI Cash vs Common Stock Total Equity Analysis
LCII Stock | USD 120.95 1.60 1.34% |
LCI Industries financial indicator trend analysis is infinitely more than just investigating LCI Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LCI Industries is a good investment. Please check the relationship between LCI Industries Cash and its Common Stock Total Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LCI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in LCI Stock please use our How to Invest in LCI Industries guide.
Cash vs Common Stock Total Equity
Cash vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LCI Industries Cash account and Common Stock Total Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between LCI Industries' Cash and Common Stock Total Equity is 0.44. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of LCI Industries, assuming nothing else is changed. The correlation between historical values of LCI Industries' Cash and Common Stock Total Equity 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 of LCI Industries are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Cash i.e., LCI Industries' Cash and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of LCI Industries, which is listed under current asset account on LCI Industries balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from LCI Industries customers. The amounts must be unrestricted with restricted cash listed in a different LCI Industries account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from LCI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LCI Industries 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 LCI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in LCI Stock please use our How to Invest in LCI Industries guide.As of now, LCI Industries' Enterprise Value Multiple is increasing as compared to previous years. The LCI Industries' current Enterprise Value is estimated to increase to about 376.1 M, while Tax Provision is projected to decrease to under 8.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 16.4M | 27.6M | 40.4M | 42.4M | Depreciation And Amortization | 112.3M | 129.2M | 131.8M | 138.4M |
LCI Industries fundamental ratios Correlations
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LCI Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LCI Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 2.3B | 3.3B | 3.2B | 3.0B | 3.1B | |
Short Long Term Debt Total | 732.3M | 846.4M | 1.5B | 1.4B | 1.1B | 1.2B | |
Other Current Liab | 42.8M | 162.8M | 212.8M | 183.8M | 138.2M | 145.1M | |
Total Current Liabilities | 271.3M | 416.4M | 627.2M | 421.3M | 395.0M | 414.7M | |
Total Stockholder Equity | 800.7M | 908.3M | 1.1B | 1.4B | 1.4B | 1.4B | |
Property Plant And Equipment Net | 465.1M | 491.4M | 591.1M | 729.2M | 711.2M | 746.7M | |
Net Debt | 697.0M | 794.6M | 1.4B | 1.3B | 1.0B | 1.1B | |
Retained Earnings | 644.9M | 731.7M | 930.8M | 1.2B | 1.2B | 1.2B | |
Cash | 35.4M | 51.8M | 62.9M | 47.5M | 66.2M | 69.5M | |
Non Current Assets Total | 1.2B | 1.4B | 1.7B | 1.9B | 1.8B | 1.9B | |
Non Currrent Assets Other | 34.2M | 61.2M | 67.0M | 56.6M | 93.0M | 97.6M | |
Cash And Short Term Investments | 35.4M | 51.8M | 62.9M | 47.5M | 66.2M | 69.5M | |
Net Receivables | 200.0M | 268.6M | 319.8M | 214.3M | 214.7M | 225.4M | |
Common Stock Shares Outstanding | 25.1M | 25.3M | 25.4M | 25.5M | 25.4M | 23.9M | |
Liabilities And Stockholders Equity | 1.9B | 2.3B | 3.3B | 3.2B | 3.0B | 3.1B | |
Non Current Liabilities Total | 790.7M | 973.3M | 1.6B | 1.4B | 1.2B | 1.3B | |
Inventory | 393.6M | 493.9M | 1.1B | 1.0B | 768.4M | 806.8M | |
Other Current Assets | 41.8M | 110.9M | 176.6M | 99.3M | 67.6M | 71.0M | |
Other Stockholder Equity | 154.3M | 169.2M | 162.3M | 152.7M | 163.4M | 96.9M | |
Total Liab | 1.1B | 1.4B | 2.2B | 1.9B | 1.6B | 1.7B | |
Property Plant And Equipment Gross | 465.1M | 491.4M | 591.1M | 729.2M | 1.2B | 1.3B | |
Total Current Assets | 670.8M | 869.8M | 1.6B | 1.4B | 1.1B | 1.2B | |
Accumulated Other Comprehensive Income | 1.1M | 7.1M | (501K) | 6.7M | 14.3M | 15.0M | |
Short Term Debt | 39.6M | 68.7M | 132.2M | 94.0M | 73.1M | 76.8M | |
Intangible Assets | 341.4M | 420.9M | 520.0M | 503.3M | 448.8M | 471.2M | |
Accounts Payable | 99.3M | 184.9M | 282.2M | 143.5M | 183.7M | 192.9M | |
Common Stock Total Equity | 281K | 282K | 284K | 285K | 327.8K | 248.2K | |
Common Stock | 281K | 282K | 284K | 285K | 287K | 250.9K | |
Other Liab | 97.9M | 170.2M | 192.6M | 126.2M | 145.2M | 152.4M | |
Other Assets | 38.9M | 165.4M | 67.0M | 56.6M | 65.0M | 32.8M | |
Long Term Debt | 612.9M | 720.4M | 1.2B | 1.1B | 846.8M | 889.2M | |
Good Will | 351.1M | 454.7M | 543.2M | 567.1M | 589.6M | 619.0M | |
Property Plant Equipment | 366.3M | 387.2M | 591.1M | 482.2M | 554.5M | 582.2M | |
Net Tangible Assets | 108.1M | 32.7M | 29.7M | 310.6M | 279.6M | 177.8M | |
Retained Earnings Total Equity | 644.9M | 731.7M | 930.8M | 1.2B | 1.4B | 1.5B | |
Capital Surpluse | 212.5M | 227.4M | 220.5M | 235.0M | 270.2M | 193.7M | |
Deferred Long Term Liab | 35.7M | 53.8M | 43.2M | 30.6M | 35.2M | 36.9M | |
Non Current Liabilities Other | 142.0M | 199.1M | 149.4M | 95.7M | 107.4M | 83.2M |
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When determining whether LCI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LCI Industries' 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 Lci Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lci Industries Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LCI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in LCI Stock please use our How to Invest in LCI Industries guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Automotive Parts & Equipment space 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 LCI Industries. If investors know LCI 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 LCI Industries 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 0.363 | Dividend Share 4.2 | Earnings Share 5.13 | Revenue Per Share 148.575 | Quarterly Revenue Growth (0.05) |
The market value of LCI Industries is measured differently than its book value, which is the value of LCI that is recorded on the company's balance sheet. Investors also form their own opinion of LCI Industries' value that differs from its market value or its book value, called intrinsic value, which is LCI Industries' 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 LCI Industries' market value can be influenced by many factors that don't directly affect LCI Industries' 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 LCI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if LCI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LCI Industries' 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.