Leslies Cost Of Revenue vs Tax Provision Analysis

LESL Stock  USD 2.48  0.03  1.22%   
Leslies financial indicator trend analysis is infinitely more than just investigating Leslies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leslies is a good investment. Please check the relationship between Leslies Cost Of Revenue and its Tax Provision accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leslies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Leslies Stock please use our How to buy in Leslies Stock guide.

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leslies Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between Leslies' Cost Of Revenue and Tax Provision is 0.64. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Leslies, assuming nothing else is changed. The correlation between historical values of Leslies' Cost Of Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Leslies are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., Leslies' Cost Of Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Leslies income statement and represents the costs associated with goods and services Leslies provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Leslies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leslies 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 Leslies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Leslies Stock please use our How to buy in Leslies Stock guide.At this time, Leslies' Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 14.84 this year, although the value of Selling General Administrative will most likely fall to about 381.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense30.2M65.4M70.4M54.3M
Depreciation And Amortization30.8M34.1M39.3M32.6M

Leslies fundamental ratios Correlations

-0.750.810.920.96-0.970.960.99-0.18-0.780.950.610.330.980.870.94-0.960.330.720.88-0.41-0.22-0.870.90.780.53
-0.75-0.73-0.6-0.880.72-0.85-0.680.180.88-0.83-0.37-0.07-0.73-0.92-0.880.9-0.07-0.61-0.750.670.510.98-0.78-0.26-0.79
0.81-0.730.640.81-0.760.80.79-0.58-0.60.840.460.010.840.820.81-0.830.010.490.86-0.32-0.13-0.790.890.450.76
0.92-0.60.640.85-0.910.870.88-0.05-0.740.830.840.510.830.710.84-0.840.510.890.68-0.35-0.24-0.730.760.810.37
0.96-0.880.810.85-0.940.990.92-0.21-0.870.980.570.260.920.940.98-0.990.260.720.86-0.52-0.38-0.960.890.630.67
-0.970.72-0.76-0.91-0.94-0.93-0.970.220.72-0.96-0.62-0.24-0.95-0.89-0.960.93-0.24-0.7-0.850.530.40.83-0.87-0.84-0.46
0.96-0.850.80.870.99-0.930.91-0.18-0.890.950.590.370.90.90.95-0.980.370.740.81-0.43-0.3-0.930.860.620.69
0.99-0.680.790.880.92-0.970.91-0.22-0.690.930.530.270.990.850.92-0.920.270.620.89-0.4-0.2-0.810.890.840.45
-0.180.18-0.58-0.05-0.210.22-0.18-0.220.07-0.240.010.18-0.24-0.31-0.250.20.180.17-0.220.220.190.19-0.21-0.15-0.56
-0.780.88-0.6-0.74-0.870.72-0.89-0.690.07-0.75-0.51-0.52-0.67-0.77-0.810.87-0.52-0.73-0.550.520.390.91-0.62-0.37-0.76
0.95-0.830.840.830.98-0.960.950.93-0.24-0.750.550.10.950.960.98-0.970.10.670.92-0.52-0.4-0.920.940.670.59
0.61-0.370.460.840.57-0.620.590.530.01-0.510.550.410.490.420.55-0.530.410.930.39-0.18-0.21-0.460.540.530.22
0.33-0.070.010.510.26-0.240.370.270.18-0.520.10.410.15-0.030.13-0.241.00.43-0.120.210.25-0.16-0.030.310.2
0.98-0.730.840.830.92-0.950.90.99-0.24-0.670.950.490.150.890.93-0.930.150.60.95-0.42-0.21-0.840.940.770.49
0.87-0.920.820.710.94-0.890.90.85-0.31-0.770.960.42-0.030.890.98-0.95-0.030.580.89-0.71-0.56-0.960.890.550.66
0.94-0.880.810.840.98-0.960.950.92-0.25-0.810.980.550.130.930.98-0.980.130.70.89-0.64-0.5-0.950.90.670.61
-0.960.9-0.83-0.84-0.990.93-0.98-0.920.20.87-0.97-0.53-0.24-0.93-0.95-0.98-0.24-0.7-0.880.530.360.97-0.91-0.61-0.68
0.33-0.070.010.510.26-0.240.370.270.18-0.520.10.411.00.15-0.030.13-0.240.43-0.120.210.25-0.16-0.030.310.2
0.72-0.610.490.890.72-0.70.740.620.17-0.730.670.930.430.60.580.7-0.70.430.52-0.35-0.3-0.670.650.50.34
0.88-0.750.860.680.86-0.850.810.89-0.22-0.550.920.39-0.120.950.890.89-0.88-0.120.52-0.43-0.21-0.820.980.60.47
-0.410.67-0.32-0.35-0.520.53-0.43-0.40.220.52-0.52-0.180.21-0.42-0.71-0.640.530.21-0.35-0.430.910.63-0.4-0.33-0.34
-0.220.51-0.13-0.24-0.380.4-0.3-0.20.190.39-0.4-0.210.25-0.21-0.56-0.50.360.25-0.3-0.210.910.46-0.21-0.22-0.24
-0.870.98-0.79-0.73-0.960.83-0.93-0.810.190.91-0.92-0.46-0.16-0.84-0.96-0.950.97-0.16-0.67-0.820.630.46-0.85-0.43-0.76
0.9-0.780.890.760.89-0.870.860.89-0.21-0.620.940.54-0.030.940.890.9-0.91-0.030.650.98-0.4-0.21-0.850.580.53
0.78-0.260.450.810.63-0.840.620.84-0.15-0.370.670.530.310.770.550.67-0.610.310.50.6-0.33-0.22-0.430.580.02
0.53-0.790.760.370.67-0.460.690.45-0.56-0.760.590.220.20.490.660.61-0.680.20.340.47-0.34-0.24-0.760.530.02
Click cells to compare fundamentals

Leslies Account Relationship Matchups

Leslies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets746.4M1.0B1.1B1.0B1.2B892.3M
Short Long Term Debt Total1.4B1.0B1.0B1.0B933.7M912.8M
Other Current Liab46.7M71.6M105.0M90.6M104.2M71.5M
Total Current Liabilities258.2M311.3M348.0M225.8M259.7M265.1M
Total Stockholder Equity(827.0M)(217.6M)(198.0M)(161.4M)(185.6M)(194.8M)
Other Liab15.1M5.5M3.9M65K58.5K55.6K
Net Tangible Assets(1.0B)(948.2M)(346.6M)(411.7M)(473.4M)(497.1M)
Property Plant And Equipment Net244.0M282.6M314.6M341.7M393.0M246.0M
Current Deferred Revenue13.3M21.4M13.3M6.8M6.1M5.8M
Net Debt1.2B670.3M915.7M982.0M883.8M801.0M
Retained Earnings(549.1M)(422.5M)(288.1M)(260.8M)(299.9M)(314.9M)
Accounts Payable92.4M101.0M156.5M58.6M67.3M98.7M
Cash157.1M345.1M112.3M55.4M63.7M60.5M
Non Current Assets Total374.3M440.5M567.3M614.1M706.3M438.5M
Non Currrent Assets Other2.5M25.1M37.7M46.0M52.8M55.5M
Other Assets1.4M9.1M28.9M39.0M44.8M47.1M
Long Term Debt1.2B786.1M779.7M773.3M695.9M786.0M
Cash And Short Term Investments157.1M345.1M112.3M55.4M63.7M60.5M
Net Receivables31.5M38.9M45.3M29.4M33.8M38.1M
Good Will93.3M101.1M173.5M180.7M207.8M132.5M
Common Stock Shares Outstanding186.6M190.0M186.1M184.7M184.7M149.2M
Liabilities And Stockholders Equity746.4M1.0B1.1B1.0B1.2B892.3M
Non Current Liabilities Total1.3B950.1M959.6M970.0M873.0M880.2M
Inventory149.0M198.8M361.7M311.8M358.6M240.9M
Other Current Assets41.7M20.6M23.1M23.6M27.2M22.4M
Other Stockholder Equity(278.1M)204.7M89.9M99.3M114.2M119.9M
Total Liab1.6B1.3B1.3B1.2B1.1B1.1B
Net Invested Capital360.9M576.7M589.9M620.0M713.0M506.7M
Property Plant And Equipment Gross244.0M282.6M314.6M341.7M393.0M246.0M
Total Current Assets372.1M603.3M542.4M420.3M483.3M453.8M
Non Current Liabilities Other5.5M3.9M65K3.5M3.1M5.5M
Net Working Capital113.9M292.0M194.4M194.5M223.6M188.8M
Short Term Debt117.3M130.2M68.5M70.9M81.5M74.0M
Intangible Assets27.9M27.9M40.2M38.2M43.9M34.7M
Property Plant Equipment78.5M244.0M282.6M314.6M361.7M220.0M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Leslies is a strong investment it is important to analyze Leslies' 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 Leslies' future performance. For an informed investment choice regarding Leslies Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leslies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Leslies Stock please use our How to buy in Leslies Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Other Specialty Retail 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 Leslies. If investors know Leslies 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 Leslies 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
(0.16)
Earnings Share
(0.13)
Revenue Per Share
7.396
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0421
The market value of Leslies is measured differently than its book value, which is the value of Leslies that is recorded on the company's balance sheet. Investors also form their own opinion of Leslies' value that differs from its market value or its book value, called intrinsic value, which is Leslies' 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 Leslies' market value can be influenced by many factors that don't directly affect Leslies' 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 Leslies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Leslies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leslies' 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.