La Z Financials

LZB Stock  USD 45.14  0.12  0.27%   
Based on the key measurements obtained from La Z's financial statements, La Z Boy Incorporated is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At present, La Z's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 505.8 M, whereas Total Stockholder Equity is forecasted to decline to about 524.1 M. Key indicators impacting La Z's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.06370.0599
Notably Up
Slightly volatile
Return On Assets0.07760.0641
Fairly Up
Pretty Stable
Return On Equity0.190.1223
Way Up
Very volatile
Debt Equity Ratio6.0E-46.0E-4
Notably Down
Slightly volatile
Operating Income86.9 M150.8 M
Way Down
Slightly volatile
Current Ratio1.411.9137
Way Down
Pretty Stable
The financial analysis of La Z is a critical element in measuring its lifeblood. Investors should not minimize La Z's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

258.96 Million

  
Understanding current and past La Z Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of La Z's financial statements are interrelated, with each one affecting the others. For example, an increase in La Z's assets may result in an increase in income on the income statement.
Please note, the presentation of La Z's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, La Z's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of La Z's management manipulating its earnings.

La Z Stock Summary

La Z competes with Energy Focu, Flexsteel Industries, FGI Industries, Hamilton Beach, and Leggett Platt. La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. La-Z-Boy Incorporated was founded in 1927 and is based in Monroe, Michigan. La Z operates under Furnishings, Fixtures Appliances classification in the United States and is traded on New York Stock Exchange. It employs 12800 people.
Specialization
Consumer Discretionary, Furnishings, Fixtures & Appliances
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS5053361078
CUSIP505336107
LocationMichigan; U.S.A
Business AddressOne La-Z-Boy Drive,
SectorHousehold Durables
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.la-z-boy.com
Phone734 242 1444
CurrencyUSD - US Dollar

La Z Key Financial Ratios

La Z Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.8B1.9B1.9B1.9B2.0B
Other Current Liab97.5M273.8M496.4M290.7M263.8M277.0M
Net Debt148.0M(28.6M)184.5M102.5M140.7M147.7M
Retained Earnings343.6M399.0M431.2M545.2M598.0M304.0M
Cash261.6M391.2M245.6M343.4M341.1M358.2M
Net Receivables99.4M139.3M322.8M170.5M174.7M160.7M
Inventory181.6M226.1M303.2M276.3M263.2M170.3M
Other Current Assets81.8M169.5M62.9M54.8M50.9M35.7M
Total Liab718.6M1.0B1.1B914.2M900.1M945.1M
Total Current Assets626.3M926.2M951.8M854.6M836.8M535.3M
Short Term Debt139.4M135.2M75.3M77.8M77.0M80.9M
Intangible Assets28.7M30.4M34.0M39.4M47.3M38.3M
Accounts Payable55.5M94.2M104.0M107.5M96.5M63.5M
Good Will161.0M175.8M194.6M205.0M214.5M225.2M
Common Stock45.9M45.4M43.1M43.3M42.4M51.1M
Other Liab98.3M97.5M81.9M70.1M80.7M74.6M
Other Assets59.4M90.9M58.7M53.9M48.5M53.9M
Net Tangible Assets781.2M862.3M937.0M1.1B1.2B691.5M
Long Term Debt Total0.0473K350K225K202.5K192.4K
Capital Surpluse318.2M330.6M342.3M358.9M412.7M324.2M

La Z Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.3M1.4M895K536K455K629.1K
Total Revenue1.7B1.7B2.4B2.3B2.0B1.5B
Gross Profit721.4M740.3M916.0M1.0B881.7M473.8M
Operating Income118.8M136.7M206.8M211.4M150.8M86.9M
Ebit118.8M136.4M206.4M206.3M166.2M94.7M
Ebitda240.3M169.4M318.7M322.8M290.8M305.3M
Cost Of Revenue982.5M994.0M1.4B1.3B1.2B1.0B
Income Before Tax115.2M145.9M205.5M205.8M165.8M84.9M
Net Income77.5M106.5M150.0M150.7M122.6M128.8M
Income Tax Expense36.2M38.4M53.2M53.8M41.1M29.5M
Research Development9.1M10.8M7.6M9M9.6M8.6M
Minority Interest1.5M1.1M2.3M1.3M(2.0M)(1.9M)
Tax Provision36.2M38.4M53.2M53.8M41.1M46.2M
Interest Income2.8M1.1M1.3M6.7M15.5M16.3M
Net Interest Income1.5M(289K)443K6.1M15.0M15.8M

La Z Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory14.9M(40.7M)(72.0M)32.3M19.9M20.9M
Change In Cash131.7M131.2M(145.8M)97.8M(5.6M)(5.3M)
Free Cash Flow118.2M272.0M2.4M136.4M104.6M66.0M
Depreciation98.9M98.6M112.7M116.7M124.7M130.9M
Other Non Cash Items26.9M(4.2M)(14.8M)5.5M1.2M1.2M
Dividends Paid25.1M16.5M27.7M29.9M32.7M19.0M
Capital Expenditures46.0M38.0M76.6M68.8M53.6M33.7M
Net Income79.0M107.5M152.3M151.9M122.6M128.8M
End Period Cash Flow263.5M394.7M248.9M346.7M341.1M358.2M
Investments(233K)(3.5M)1.9M15.4M(81.6M)(77.5M)
Change Receivables29.7M(38.3M)(41.8M)53.7M61.7M64.8M
Net Borrowings74.8M(75.1M)(121K)(123K)(141.5K)(148.5K)
Change To Netincome38.6M17.3M(1.9M)24.4M28.1M29.5M

LZB Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining La Z's current stock value. Our valuation model uses many indicators to compare La Z value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across La Z competition to find correlations between indicators driving La Z's intrinsic value. More Info.
La Z Boy Incorporated is rated second overall in return on equity category among its peers. It is rated third overall in return on asset category among its peers reporting about  0.42  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for La Z Boy Incorporated is roughly  2.40 . At present, La Z's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the La Z's earnings, one of the primary drivers of an investment's value.

La Z Boy Systematic Risk

La Z's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. La Z 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 La Z Boy correlated with the market. If Beta is less than 0 La Z generally moves in the opposite direction as compared to the market. If La Z Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one La Z Boy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of La Z is generally in the same direction as the market. If Beta > 1 La Z moves generally in the same direction as, but more than the movement of the benchmark.

La Z Thematic Clasifications

La Z Boy 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 La Z Stock are looking for potential investment opportunities by analyzing not only static indicators but also various La Z'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 La Z growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.16

At present, La Z's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

La Z November 29, 2024 Opportunity Range

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

Complementary Tools for LZB Stock analysis

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