Live Good Will vs Property Plant And Equipment Net Analysis

0JVD Stock   140.70  1.83  1.32%   
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 Good Will and its Property Plant And Equipment Net accounts. Check out Trending Equities 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 board of governors.

Good Will vs Property Plant And Equipment Net

Good Will vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Live Nation Entertainment Good Will account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Live Nation's Good Will and Property Plant And Equipment Net is 0.87. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant And Equipment Net 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 Good Will and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Live Nation Entertainment are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Good Will i.e., Live Nation's Good Will and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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.
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 Trending Equities 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 board of governors.
Selling General Administrative is likely to drop to about 167.5 M in 2024. Tax Provision is likely to gain to about (24.7 M) in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.9B3.2B4.4B2.4B
Cost Of Revenue4.8B12.8B17.3B18.2B

Live Nation fundamental ratios Correlations

0.560.87-0.830.880.72-0.810.530.890.980.58-0.360.890.810.970.90.950.960.950.541.00.870.930.890.970.48
0.560.82-0.420.730.19-0.45-0.250.780.510.27-0.440.780.880.490.630.420.580.60.290.520.820.630.610.480.66
0.870.82-0.780.940.57-0.790.330.990.840.57-0.440.990.970.870.930.790.850.850.630.861.00.870.930.820.56
-0.83-0.42-0.78-0.84-0.80.99-0.53-0.83-0.86-0.520.13-0.83-0.64-0.89-0.82-0.92-0.83-0.69-0.74-0.87-0.78-0.82-0.84-0.92-0.51
0.880.730.94-0.840.73-0.820.330.940.90.55-0.380.940.90.870.910.880.820.810.550.870.940.890.90.890.65
0.720.190.57-0.80.73-0.740.550.60.820.790.010.60.460.810.760.860.630.630.480.750.570.650.790.820.27
-0.81-0.45-0.790.99-0.82-0.74-0.52-0.84-0.83-0.50.21-0.84-0.64-0.88-0.81-0.89-0.84-0.67-0.82-0.86-0.79-0.83-0.82-0.9-0.55
0.53-0.250.33-0.530.330.55-0.520.380.550.5-0.060.380.230.630.540.590.460.480.540.560.340.40.540.54-0.19
0.890.780.99-0.830.940.6-0.840.380.860.57-0.441.00.950.890.940.830.870.850.680.881.00.890.940.850.57
0.980.510.84-0.860.90.82-0.830.550.860.62-0.30.860.770.970.90.980.920.920.520.990.840.920.90.980.49
0.580.270.57-0.520.550.79-0.50.50.570.62-0.040.570.530.670.770.590.490.620.460.570.570.450.810.55-0.05
-0.36-0.44-0.440.13-0.380.010.21-0.06-0.44-0.3-0.04-0.44-0.49-0.31-0.3-0.23-0.4-0.36-0.39-0.32-0.46-0.55-0.28-0.27-0.5
0.890.780.99-0.830.940.6-0.840.381.00.860.57-0.440.950.890.940.830.870.850.680.881.00.890.940.850.57
0.810.880.97-0.640.90.46-0.640.230.950.770.53-0.490.950.780.890.690.770.840.490.770.980.820.870.720.52
0.970.490.87-0.890.870.81-0.880.630.890.970.67-0.310.890.780.930.960.930.90.650.980.870.910.930.970.4
0.90.630.93-0.820.910.76-0.810.540.940.90.77-0.30.940.890.930.870.850.910.620.890.940.850.990.870.37
0.950.420.79-0.920.880.86-0.890.590.830.980.59-0.230.830.690.960.870.90.850.590.970.80.890.870.990.49
0.960.580.85-0.830.820.63-0.840.460.870.920.49-0.40.870.770.930.850.90.910.610.960.850.950.830.930.54
0.950.60.85-0.690.810.63-0.670.480.850.920.62-0.360.850.840.90.910.850.910.40.930.860.880.870.870.35
0.540.290.63-0.740.550.48-0.820.540.680.520.46-0.390.680.490.650.620.590.610.40.570.630.60.660.590.39
1.00.520.86-0.870.870.75-0.860.560.880.990.57-0.320.880.770.980.890.970.960.930.570.860.930.880.980.5
0.870.821.0-0.780.940.57-0.790.341.00.840.57-0.461.00.980.870.940.80.850.860.630.860.880.930.820.56
0.930.630.87-0.820.890.65-0.830.40.890.920.45-0.550.890.820.910.850.890.950.880.60.930.880.830.920.62
0.890.610.93-0.840.90.79-0.820.540.940.90.81-0.280.940.870.930.990.870.830.870.660.880.930.830.870.36
0.970.480.82-0.920.890.82-0.90.540.850.980.55-0.270.850.720.970.870.990.930.870.590.980.820.920.870.54
0.480.660.56-0.510.650.27-0.55-0.190.570.49-0.05-0.50.570.520.40.370.490.540.350.390.50.560.620.360.54
Click cells to compare fundamentals

Live Nation Account Relationship Matchups

Live Nation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.0B10.6B14.4B16.5B19.1B10.8B
Other Current Liab1.5B966.2M1.7B2.4B6.0B6.3B
Total Current Liabilities4.1B3.8B6.9B8.3B10.0B10.5B
Total Stockholder Equity1.1B(471.8M)(582.7M)(367.6M)(17.1M)(16.3M)
Property Plant And Equipment Net2.5B2.5B2.6B3.1B3.7B3.9B
Net Debt2.3B3.9B2.6B2.1B2.2B1.4B
Retained Earnings(949.3M)(2.7B)(3.3B)(3.0B)(2.4B)(2.5B)
Accounts Payable1.1B830.5M1.6B2.0B267.5M254.1M
Cash2.5B2.5B4.9B5.6B6.2B6.5B
Non Current Assets Total6.8B6.9B7.7B8.3B9.5B6.1B
Non Currrent Assets Other728.8M800.7M738.1M792.1M1.1B1.2B
Cash And Short Term Investments2.5B2.5B4.9B5.6B6.2B6.5B
Net Receivables1.0B501.3M1.1B1.5B2.1B2.2B
Good Will2.0B2.1B2.6B2.5B2.7B2.1B
Common Stock Shares Outstanding210.1M212.3M217.2M231.6M231.0M228.9M
Non Current Liabilities Total5.0B6.7B7.2B7.4B7.6B4.6B
Inventory16.1M22M33.8M38.7M45.1M23.1M
Other Current Assets711.8M603.2M699.0M1.0B1.2B717.8M
Other Stockholder Equity2.2B2.4B2.9B2.7B2.4B2.7B
Total Liab9.1B10.5B14.0B15.7B17.6B9.3B
Total Current Assets4.2B3.6B6.7B8.2B9.6B10.1B
Intangible Assets1.2B1.2B1.4B1.4B1.5B1.3B
Common Stock2.1M2.1M2.2M2.3M2.3M2.3M
Short Long Term Debt Total4.8B6.5B7.5B7.7B8.4B4.8B
Liabilities And Stockholders Equity11.0B10.6B14.4B16.5B19.1B11.2B
Accumulated Other Comprehensive Income(145.7M)(177.0M)(148.0M)(90.1M)27.5M28.8M
Short Term Debt159.7M160.6M709.0M760.3M1.3B1.4B
Current Deferred Revenue1.4B1.8B2.8B3.1B2.4B1.8B
Long Term Debt2.0B2.7B3.3B4.9B5.6B3.3B
Capital Surpluse2.4B2.3B2.2B2.4B2.1B1.9B
Property Plant Equipment2.5B2.5B2.6B3.1B3.5B2.1B
Other Liab308.8M353.3M431.6M456.0M524.4M404.0M
Net Tangible Assets(2.1B)(3.8B)(4.6B)(4.3B)(3.9B)(4.1B)

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