LYV Stock | | | USD 131.71 0.14 0.11% |
Live Nation financial indicator trend analysis is infinitely more than just investigating Live Nation Entertainment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Live Nation Entertainment is a good investment. Please check the relationship between Live Nation Property Plant And Equipment Net and its Total Liab accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Nation Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Property Plant And Equipment Net vs Total Liab
Property Plant And Equipment Net vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Live Nation Entertainment Property Plant And Equipment Net account and
Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Live Nation's Property Plant And Equipment Net and Total Liab is 0.97. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab in the same time period over historical financial statements of Live Nation Entertainment, assuming nothing else is changed. The correlation between historical values of Live Nation's Property Plant And Equipment Net and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Live Nation Entertainment are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Net i.e., Live Nation's Property Plant And Equipment Net and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Live Nation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Live Nation Entertainment 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 Live Nation Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
At this time, Live Nation's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 168.2
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 12.15 in 2024.
Live Nation fundamental ratios Correlations
Click cells to compare fundamentals
Live Nation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Live Nation fundamental ratios Accounts
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