Leggett Platt Financials

LEG Stock  USD 12.58  0.09  0.72%   
Based on the key indicators related to Leggett Platt's liquidity, profitability, solvency, and operating efficiency, Leggett Platt Incorporated may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Leggett Platt's Total Stockholder Equity is most likely to increase significantly in the upcoming years. The Leggett Platt's current Net Debt is estimated to increase to about 1.9 B, while Other Current Liabilities is projected to decrease to roughly 222.6 M. Key indicators impacting Leggett Platt's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.611.5316
Sufficiently Up
Slightly volatile
Operating Income345.1 M320.6 M
Significantly Up
Slightly volatile
Current Ratio2.551.4901
Way Up
Very volatile
The financial analysis of Leggett Platt is a critical element in measuring its lifeblood. Investors should not minimize Leggett Platt's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

268.66 Million

  
Understanding current and past Leggett Platt Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Leggett Platt's financial statements are interrelated, with each one affecting the others. For example, an increase in Leggett Platt's assets may result in an increase in income on the income statement.

Leggett Platt Stock Summary

Leggett Platt competes with Mohawk Industries, Tempur Sealy, Ethan Allen, Lovesac, and La Z. Leggett Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. The company was founded in 1883 and is based in Carthage, Missouri. Leggett Platt operates under Furnishings, Fixtures Appliances classification in the United States and is traded on New York Stock Exchange. It employs 20000 people.
Foreign Associate
  Germany
Specialization
Consumer Discretionary, Furnishings, Fixtures & Appliances
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS5246601075
CUSIP524660107
LocationMissouri; U.S.A
Business AddressNo 1 Leggett
SectorHousehold Durables
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.leggett.com
Phone417 358 8131
CurrencyUSD - US Dollar

Leggett Platt Key Financial Ratios

Leggett Platt Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.8B4.8B5.3B5.2B4.6B3.0B
Other Current Liab337.3M362.4M286.4M312.1M282.9M222.6M
Net Debt2.0B1.7B1.9B2.0B1.8B1.9B
Retained Earnings2.7B2.8B3.0B3.0B2.7B1.7B
Cash247.6M348.9M361.7M316.5M365.5M193.2M
Net Receivables591.9M563.6M651.5M675M637.3M499.9M
Inventory636.7M645.5M993.2M907.5M819.7M523.4M
Other Current Assets51M61.9M54.1M58.9M59M63.5M
Total Liab3.5B3.4B3.7B3.5B3.3B1.7B
Total Current Assets1.5B1.6B2.1B2.0B1.9B1.3B
Short Term Debt90.4M135.7M389.6M108.4M422.6M443.7M
Intangible Assets764M806.7M818.3M786.3M167.5M308.4M
Accounts Payable463.4M552.2M613.8M518.4M536.2M274.7M
Other Liab387.7M386.3M380.3M348.8M401.1M421.2M
Other Assets109.3M109.8M101.5M106.7M96.0M95.7M
Long Term Debt2.1B1.8B1.8B2.1B1.7B1.2B
Good Will1.4B1.4B1.4B1.5B1.5B1.2B
Treasury Stock(1.9B)(1.9B)(1.9B)(1.8B)(1.7B)(1.7B)
Net Tangible Assets(858.3M)(700.6M)(619.3M)(509.1M)(458.2M)(435.3M)
Long Term Debt Total2.1B1.8B1.8B2.1B2.4B1.3B
Capital Surpluse536.1M543.2M557.9M568.5M653.8M562.1M

Leggett Platt Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense83.3M79.6M73.9M81.4M88.4M92.8M
Total Revenue4.8B4.3B5.1B5.1B4.7B3.6B
Gross Profit1.1B894.5M1.0B976.8M853.8M776.0M
Operating Income513.4M400.5M596M485M320.6M345.1M
Ebit513.4M406.1M594.1M486.8M(84.7M)(80.5M)
Ebitda705.3M590.7M778.1M663.8M93.2M88.5M
Cost Of Revenue3.7B3.4B4.0B4.2B3.9B2.8B
Income Before Tax430.1M320.9M522.1M403.6M(173.4M)(164.7M)
Net Income333.8M253M402.4M309.8M(136.8M)(130.0M)
Income Tax Expense96.2M73.2M119.5M93.7M(36.6M)(34.8M)
Non Recurring4.9M5.4M7.8M29.4M33.8M35.5M
Tax Provision96.2M73.2M119.5M93.7M(36.6M)(34.8M)
Interest Income7.4M79.6M73.9M81.4M5.4M5.1M
Net Interest Income(83.3M)(79.6M)(73.9M)(81.4M)(85.7M)(90.0M)

Leggett Platt Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory53.3M(19.7M)(305M)96.1M86.5M90.8M
Change In Cash(20.5M)101.3M12.8M(45.2M)49M51.5M
Free Cash Flow524.9M536.4M164.7M341.1M383.4M259.5M
Depreciation191.9M189.4M187.3M179.8M177.9M140.4M
Other Non Cash Items21.1M66.3M(6.7M)15.3M441.7M463.8M
Dividends Paid204.6M211.5M218.3M229.2M239.4M130.4M
Capital Expenditures143.1M66.2M106.6M100.3M113.8M108.5M
Net Income333.9M247.7M402.6M309.9M(136.8M)(130.0M)
End Period Cash Flow247.6M348.9M361.7M316.5M365.5M209.3M
Change Receivables53M24.3M(75M)(26.6M)(23.9M)(25.1M)
Net Borrowings947M(227.8M)184.9M5M5.8M5.5M
Change To Netincome66.7M75.5M19.2M32.2M29.0M51.3M
Investments(1.4B)(51.4M)(220.7M)(179.4M)(133.2M)(139.9M)

Leggett Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Leggett Platt's current stock value. Our valuation model uses many indicators to compare Leggett Platt value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Leggett Platt competition to find correlations between indicators driving Leggett Platt's intrinsic value. More Info.
Leggett Platt Incorporated is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Leggett Platt's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Leggett Platt by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Leggett Platt Systematic Risk

Leggett Platt's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Leggett Platt volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Leggett Platt correlated with the market. If Beta is less than 0 Leggett Platt generally moves in the opposite direction as compared to the market. If Leggett Platt Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Leggett Platt is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Leggett Platt is generally in the same direction as the market. If Beta > 1 Leggett Platt moves generally in the same direction as, but more than the movement of the benchmark.

Leggett Platt Thematic Clasifications

Leggett Platt Incorporated is part of Consumer Goods investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Consumer Goods industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Consumer GoodsView
This theme covers USA Equities from Consumer Goods industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Leggett Platt Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Leggett Platt's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Leggett Platt growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.19

At this time, Leggett Platt's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

Leggett Platt November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Leggett Platt help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Leggett Platt Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of Leggett Platt Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing Leggett Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Leggett Platt's daily price indicators and compare them against related drivers.

Complementary Tools for Leggett Stock analysis

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