LivaNova Non Current Assets Total vs Non Current Liabilities Total Analysis

LIVN Stock  USD 51.50  0.61  1.17%   
LivaNova PLC financial indicator trend analysis is infinitely more than just investigating LivaNova PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LivaNova PLC is a good investment. Please check the relationship between LivaNova PLC Non Current Assets Total and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LivaNova PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in LivaNova Stock, please use our How to Invest in LivaNova PLC guide.

Non Current Assets Total vs Non Current Liabilities Total

Non Current Assets Total vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LivaNova PLC Non Current Assets Total account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between LivaNova PLC's Non Current Assets Total and Non Current Liabilities Total is 0.73. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of LivaNova PLC, assuming nothing else is changed. The correlation between historical values of LivaNova PLC's Non Current Assets Total and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of LivaNova PLC are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Current Assets Total i.e., LivaNova PLC's Non Current Assets Total and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Non Current Liabilities Total

Most indicators from LivaNova PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LivaNova PLC 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 LivaNova PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in LivaNova Stock, please use our How to Invest in LivaNova PLC guide.At this time, LivaNova PLC's Tax Provision is very stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, while Selling General Administrative is likely to drop about 253.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit706M707.2M771.3M809.8M
Total Revenue1.0B1.0B1.2B1.2B

LivaNova PLC fundamental ratios Correlations

0.570.710.860.960.980.75-0.550.980.370.980.550.310.810.790.950.510.960.930.850.89-0.250.960.98-0.50.99
0.570.490.360.350.560.9-0.860.480.860.470.40.840.520.890.430.840.670.790.740.74-0.210.380.65-0.10.61
0.710.490.810.660.750.58-0.580.690.40.680.380.350.660.470.620.430.760.680.630.680.150.660.74-0.220.75
0.860.360.810.830.850.53-0.530.810.250.880.260.190.760.520.770.340.860.80.660.690.070.820.85-0.440.88
0.960.350.660.830.950.55-0.320.980.180.960.550.120.750.60.970.320.880.780.760.81-0.170.990.91-0.550.93
0.980.560.750.850.950.74-0.50.990.350.980.540.290.780.760.970.460.940.90.850.86-0.210.960.96-0.420.97
0.750.90.580.530.550.74-0.810.680.620.690.510.560.610.960.640.760.80.910.810.78-0.490.590.81-0.170.79
-0.55-0.86-0.58-0.53-0.32-0.5-0.81-0.43-0.83-0.45-0.31-0.78-0.57-0.77-0.35-0.91-0.72-0.77-0.67-0.710.16-0.32-0.680.35-0.64
0.980.480.690.810.980.990.68-0.430.280.970.550.220.740.710.990.430.920.850.830.85-0.250.980.95-0.50.96
0.370.860.40.250.180.350.62-0.830.280.230.270.990.380.660.220.840.540.580.610.670.020.160.49-0.230.43
0.980.470.680.880.960.980.69-0.450.970.230.50.170.780.730.960.370.920.890.780.8-0.250.970.94-0.430.96
0.550.40.380.260.550.540.51-0.310.550.270.50.220.550.530.520.430.550.480.460.61-0.360.540.56-0.380.56
0.310.840.350.190.120.290.56-0.780.220.990.170.220.330.610.160.810.480.510.560.620.090.110.42-0.180.37
0.810.520.660.760.750.780.61-0.570.740.380.780.550.330.640.70.450.810.780.610.74-0.040.760.79-0.40.81
0.790.890.470.520.60.760.96-0.770.710.660.730.530.610.640.690.760.820.930.820.83-0.490.630.83-0.250.8
0.950.430.620.770.970.970.64-0.350.990.220.960.520.160.70.690.370.880.820.810.8-0.270.970.91-0.470.92
0.510.840.430.340.320.460.76-0.910.430.840.370.430.810.450.760.370.690.680.730.78-0.250.310.65-0.510.59
0.960.670.760.860.880.940.8-0.720.920.540.920.550.480.810.820.880.690.950.890.94-0.210.880.99-0.580.99
0.930.790.680.80.780.90.91-0.770.850.580.890.480.510.780.930.820.680.950.870.88-0.320.80.95-0.370.95
0.850.740.630.660.760.850.81-0.670.830.610.780.460.560.610.820.810.730.890.870.91-0.30.780.91-0.50.86
0.890.740.680.690.810.860.78-0.710.850.670.80.610.620.740.830.80.780.940.880.91-0.220.810.93-0.590.91
-0.25-0.210.150.07-0.17-0.21-0.490.16-0.250.02-0.25-0.360.09-0.04-0.49-0.27-0.25-0.21-0.32-0.3-0.22-0.2-0.260.14-0.24
0.960.380.660.820.990.960.59-0.320.980.160.970.540.110.760.630.970.310.880.80.780.81-0.20.91-0.490.92
0.980.650.740.850.910.960.81-0.680.950.490.940.560.420.790.830.910.650.990.950.910.93-0.260.91-0.560.99
-0.5-0.1-0.22-0.44-0.55-0.42-0.170.35-0.5-0.23-0.43-0.38-0.18-0.4-0.25-0.47-0.51-0.58-0.37-0.5-0.590.14-0.49-0.56-0.54
0.990.610.750.880.930.970.79-0.640.960.430.960.560.370.810.80.920.590.990.950.860.91-0.240.920.99-0.54
Click cells to compare fundamentals

LivaNova PLC Account Relationship Matchups

LivaNova PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.4B2.2B2.3B2.4B2.6B
Short Long Term Debt Total383.7M697.8M275.4M571M640.4M672.4M
Other Current Liab342.6M187.3M364.5M163.5M193.6M203.3M
Total Current Liabilities512.6M309.1M697M297.4M335.0M351.7M
Total Stockholder Equity1.4B1.1B1.3B1.2B1.3B1.3B
Property Plant And Equipment Net235.8M214.3M190.7M183M205.0M215.3M
Net Debt322.6M445M67.4M356.8M373.9M392.6M
Retained Earnings(406.8M)(752.4M)(897.8M)(984.0M)(966.5M)(918.2M)
Cash61.1M252.8M208M214.2M266.5M279.8M
Non Current Assets Total1.9B1.7B1.5B1.4B1.4B1.5B
Non Currrent Assets Other7.4M83.5M13.1M70.6M50.6M53.1M
Cash And Short Term Investments61.1M252.8M208M214.2M266.5M279.8M
Common Stock Shares Outstanding48.3M48.6M50.6M53.5M54.2M31.9M
Liabilities And Stockholders Equity2.4B2.4B2.2B2.3B2.4B2.6B
Non Current Liabilities Total515.5M983.5M209.4M789.8M817.0M857.8M
Inventory164.2M126.7M105.8M129.4M147.9M155.3M
Other Current Assets28.5M155.6M180.0M358.1M358.7M376.6M
Other Stockholder Equity1.7B1.8B2.1B2.2B2.2B2.3B
Total Liab1.0B1.3B906.4M1.1B1.2B1.2B
Property Plant And Equipment Gross235.7M214.3M190.7M183M401.1M421.1M
Total Current Assets549.4M719.4M679.2M886.1M988.2M1.0B
Accumulated Other Comprehensive Income(19.4M)27.8M(7.2M)(48.1M)(27.9M)(26.5M)
Short Term Debt77.4M24.6M240.9M32.8M26.5M25.1M
Net Receivables257.8M184.4M185.4M183.1M215.1M225.8M
Common Stock Total Equity76.1M76.3M76.3M82.3M94.6M99.4M
Common Stock76.3M76.3M82.3M82.4M82.5M86.7M
Long Term Debt260.3M642.3M9.8M518.1M568.5M597.0M
Property Plant Equipment235.7M163.8M190.7M183.0M210.5M221.0M
Other Liab209.1M299M163.7M242.1M278.5M292.4M
Current Deferred Revenue6.7M6.9M8.4M10.2M10.7M10.2M
Treasury Stock(1.5M)(1.3M)(1.0M)(650K)(747.5K)(784.9K)
Intangible Assets607.5M437.6M399.7M368.6M261.2M344.0M
Net Tangible Assets(139.6M)(241.1M)(4.6M)70.3M63.3M116.1M
Good Will915.8M922.3M899.5M768.8M782.9M895.7M
Long Term Investments27.3M103.4M16.6M16.3M22.8M31.0M
Short Long Term Debt77.4M13.3M229.7M23.4M18.1M17.2M

Pair Trading with LivaNova PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LivaNova PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LivaNova PLC will appreciate offsetting losses from the drop in the long position's value.

Moving against LivaNova Stock

  0.39VVOS Vivos TherapeuticsPairCorr
  0.37GH Guardant HealthPairCorr
The ability to find closely correlated positions to LivaNova PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LivaNova PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LivaNova PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LivaNova PLC to buy it.
The correlation of LivaNova PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LivaNova PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LivaNova PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LivaNova PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether LivaNova PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LivaNova PLC'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 Livanova Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Livanova Plc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LivaNova PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in LivaNova Stock, please use our How to Invest in LivaNova PLC guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Health Care Equipment & Supplies 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 LivaNova PLC. If investors know LivaNova 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 LivaNova PLC 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
14
Earnings Share
0.43
Revenue Per Share
22.907
Quarterly Revenue Growth
0.112
Return On Assets
0.0434
The market value of LivaNova PLC is measured differently than its book value, which is the value of LivaNova that is recorded on the company's balance sheet. Investors also form their own opinion of LivaNova PLC's value that differs from its market value or its book value, called intrinsic value, which is LivaNova PLC'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 LivaNova PLC's market value can be influenced by many factors that don't directly affect LivaNova PLC'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 LivaNova PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if LivaNova PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LivaNova PLC'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.