Live Other Non Cash Items vs Net Income 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 Other Non Cash Items and its Net Income 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.

Other Non Cash Items vs Net Income

Other Non Cash Items vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Live Nation Entertainment Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Live Nation's Other Non Cash Items and Net Income is -0.38. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income 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 Other Non Cash Items and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Live Nation Entertainment are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., Live Nation's Other Non Cash Items and Net Income go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Non Cash Items

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Live Nation Entertainment financial statement analysis. It represents the amount of money remaining after all of Live Nation Entertainment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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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