Legacy Net Working Capital vs Cash And Short Term Investments Analysis

LGCY Stock

USD 7.39 0.27 3.52%

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 Working Capital and its Cash And Short Term Investments 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 Working Capital vs Cash And Short Term Investments

Net Working Capital vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legacy Education Net Working Capital account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Legacy Education's Net Working Capital and Cash And Short Term Investments is 0.84. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Cash And Short Term Investments 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 Working Capital and Cash And Short Term Investments 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 Working Capital of Legacy Education are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Working Capital i.e., Legacy Education's Net Working Capital and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Working Capital

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Legacy Education balance sheet. This account contains Legacy Education investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Legacy Education fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

Click cells to compare fundamentals

Legacy Education Account Relationship Matchups

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.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Legacy Stock Analysis

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

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

Legacy Net Working Capital vs Cash And Short Term Investments Analysis

Net Working Capital vs Cash And Short Term Investments

Net Working Capital vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Working Capital

Cash And Short Term Investments

Legacy Education fundamental ratios Correlations

Legacy Education Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Legacy Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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