Legacy Net Debt vs Total Stockholder Equity Analysis

LGCY Stock

USD 8.25 0.23 2.71%

Legacy Education financial indicator trend analysis is infinitely more than just investigating Legacy Education recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Legacy Education is a good investment. Please check the relationship between Legacy Education Net Debt and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Legacy Stock please use our How to Invest in Legacy Education guide.

Net Debt vs Total Stockholder Equity

Net Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legacy Education Net Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Legacy Education's Net Debt and Total Stockholder Equity is 0.55. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Legacy Education, assuming nothing else is changed. The correlation between historical values of Legacy Education's Net Debt and Total Stockholder 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 Net Debt of Legacy Education are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Debt i.e., Legacy Education's Net Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Legacy Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Legacy Education 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 Legacy Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Legacy Stock please use our How to Invest in Legacy Education guide.At this time, Legacy Education's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.44 in 2024, whereas Tax Provision is likely to drop slightly above 1.4 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	105.0K	96.3K	118.2K	97.6K
Interest Income	204.3K	339.1K	886.8K	931.2K

Interest Expense Interest Income

Legacy Education fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Net Working Capital	Intangible Assets	Short Long Term Debt Total	Current Deferred Revenue	Net Debt	Cash And Short Term Investments
Total Assets		0.97	1.0	1.0	0.9	0.96	0.94	0.91	0.51	-0.96	0.96	-0.61	0.78	0.88	0.99	0.98	0.92	0.9	-0.88	0.99	0.94	-0.42	0.88	0.8	0.62	0.95
Other Current Liab	0.97		0.97	0.97	0.78	0.91	0.99	0.78	0.65	-0.95	0.89	-0.58	0.66	0.79	0.97	0.93	0.89	0.82	-0.8	0.99	0.99	-0.44	0.76	0.8	0.5	0.88
Total Current Liabilities	1.0	0.97		0.99	0.9	0.95	0.95	0.9	0.5	-0.96	0.95	-0.61	0.79	0.88	0.98	0.99	0.91	0.9	-0.88	0.99	0.94	-0.43	0.88	0.8	0.64	0.94
Total Stockholder Equity	1.0	0.97	0.99		0.86	0.97	0.95	0.87	0.58	-0.95	0.97	-0.62	0.72	0.85	1.0	0.96	0.92	0.88	-0.86	1.0	0.95	-0.42	0.83	0.79	0.55	0.94
Property Plant And Equipment Net	0.9	0.78	0.9	0.86		0.81	0.75	0.99	0.13	-0.85	0.86	-0.5	0.97	0.92	0.82	0.95	0.82	0.91	-0.85	0.83	0.74	-0.32	0.99	0.75	0.88	0.87
Accounts Payable	0.96	0.91	0.95	0.97	0.81		0.86	0.84	0.49	-0.86	0.99	-0.65	0.64	0.82	0.98	0.91	0.83	0.84	-0.86	0.95	0.86	-0.38	0.77	0.62	0.47	0.92
Cash	0.94	0.99	0.95	0.95	0.75	0.86		0.74	0.69	-0.95	0.84	-0.52	0.65	0.75	0.94	0.91	0.88	0.78	-0.75	0.97	1.0	-0.42	0.73	0.84	0.49	0.84
Non Current Assets Total	0.91	0.78	0.9	0.87	0.99	0.84	0.74		0.15	-0.86	0.9	-0.56	0.94	0.94	0.84	0.95	0.84	0.93	-0.88	0.84	0.73	-0.36	0.99	0.74	0.84	0.9
Non Currrent Assets Other	0.51	0.65	0.5	0.58	0.13	0.49	0.69	0.15		-0.58	0.45	-0.31	-0.02	0.2	0.59	0.38	0.6	0.27	-0.28	0.61	0.73	-0.29	0.09	0.58	-0.25	0.47
Long Term Debt	-0.96	-0.95	-0.96	-0.95	-0.85	-0.86	-0.95	-0.86	-0.58		-0.87	0.67	-0.78	-0.89	-0.93	-0.95	-0.98	-0.92	0.89	-0.95	-0.94	0.58	-0.85	-0.92	-0.62	-0.95
Net Receivables	0.96	0.89	0.95	0.97	0.86	0.99	0.84	0.9	0.45	-0.87		-0.65	0.7	0.85	0.97	0.93	0.87	0.87	-0.88	0.95	0.84	-0.38	0.82	0.67	0.53	0.94
Good Will	-0.61	-0.58	-0.61	-0.62	-0.5	-0.65	-0.52	-0.56	-0.31	0.67	-0.65		-0.39	-0.79	-0.62	-0.58	-0.71	-0.8	0.88	-0.6	-0.49	0.92	-0.53	-0.48	-0.32	-0.79
Non Current Liabilities Total	0.78	0.66	0.79	0.72	0.97	0.64	0.65	0.94	-0.02	-0.78	0.7	-0.39		0.87	0.67	0.88	0.73	0.85	-0.76	0.7	0.63	-0.3	0.98	0.74	0.96	0.75
Capital Lease Obligations	0.88	0.79	0.88	0.85	0.92	0.82	0.75	0.94	0.2	-0.89	0.85	-0.79	0.87		0.82	0.92	0.88	1.0	-0.98	0.83	0.72	-0.66	0.94	0.75	0.79	0.94
Inventory	0.99	0.97	0.98	1.0	0.82	0.98	0.94	0.84	0.59	-0.93	0.97	-0.62	0.67	0.82		0.94	0.89	0.85	-0.85	0.99	0.94	-0.4	0.79	0.74	0.5	0.93
Total Liab	0.98	0.93	0.99	0.96	0.95	0.91	0.91	0.95	0.38	-0.95	0.93	-0.58	0.88	0.92	0.94		0.9	0.93	-0.89	0.96	0.9	-0.42	0.94	0.82	0.75	0.93
Net Invested Capital	0.92	0.89	0.91	0.92	0.82	0.83	0.88	0.84	0.6	-0.98	0.87	-0.71	0.73	0.88	0.89	0.9		0.91	-0.88	0.91	0.88	-0.61	0.82	0.93	0.55	0.97
Property Plant And Equipment Gross	0.9	0.82	0.9	0.88	0.91	0.84	0.78	0.93	0.27	-0.92	0.87	-0.8	0.85	1.0	0.85	0.93	0.91		-0.99	0.86	0.76	-0.67	0.93	0.78	0.75	0.96
Short Long Term Debt	-0.88	-0.8	-0.88	-0.86	-0.85	-0.86	-0.75	-0.88	-0.28	0.89	-0.88	0.88	-0.76	-0.98	-0.85	-0.89	-0.88	-0.99		-0.84	-0.72	0.73	-0.87	-0.7	-0.67	-0.96
Total Current Assets	0.99	0.99	0.99	1.0	0.83	0.95	0.97	0.84	0.61	-0.95	0.95	-0.6	0.7	0.83	0.99	0.96	0.91	0.86	-0.84		0.97	-0.42	0.8	0.79	0.53	0.92
Net Working Capital	0.94	0.99	0.94	0.95	0.74	0.86	1.0	0.73	0.73	-0.94	0.84	-0.49	0.63	0.72	0.94	0.9	0.88	0.76	-0.72	0.97		-0.38	0.71	0.84	0.45	0.84
Intangible Assets	-0.42	-0.44	-0.43	-0.42	-0.32	-0.38	-0.42	-0.36	-0.29	0.58	-0.38	0.92	-0.3	-0.66	-0.4	-0.42	-0.61	-0.67	0.73	-0.42	-0.38		-0.39	-0.49	-0.27	-0.62
Short Long Term Debt Total	0.88	0.76	0.88	0.83	0.99	0.77	0.73	0.99	0.09	-0.85	0.82	-0.53	0.98	0.94	0.79	0.94	0.82	0.93	-0.87	0.8	0.71	-0.39		0.76	0.91	0.86
Current Deferred Revenue	0.8	0.8	0.8	0.79	0.75	0.62	0.84	0.74	0.58	-0.92	0.67	-0.48	0.74	0.75	0.74	0.82	0.93	0.78	-0.7	0.79	0.84	-0.49	0.76		0.58	0.81
Net Debt	0.62	0.5	0.64	0.55	0.88	0.47	0.49	0.84	-0.25	-0.62	0.53	-0.32	0.96	0.79	0.5	0.75	0.55	0.75	-0.67	0.53	0.45	-0.27	0.91	0.58		0.59
Cash And Short Term Investments	0.95	0.88	0.94	0.94	0.87	0.92	0.84	0.9	0.47	-0.95	0.94	-0.79	0.75	0.94	0.93	0.93	0.97	0.96	-0.96	0.92	0.84	-0.62	0.86	0.81	0.59

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Legacy Net Debt vs Total Stockholder Equity Analysis

Net Debt vs Total Stockholder Equity

Net Debt vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Debt

Total Stockholder Equity

Legacy Education fundamental ratios Correlations

Legacy Education Account Relationship Matchups

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Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Inventory	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Capital Lease Obligations

Short Long Term Debt	- 0.99	Property Plant And Equipment Gross
Short Long Term Debt	- 0.98	Capital Lease Obligations
Net Invested Capital	- 0.98	Long Term Debt
Cash And Short Term Investments	- 0.96	Short Long Term Debt
Long Term Debt	- 0.96	Total Current Liabilities
Long Term Debt	- 0.96	Total Assets