Lear Accounts Payable vs Long Term Investments Analysis
LEA Stock | USD 97.25 0.45 0.46% |
Lear financial indicator trend analysis is infinitely more than just investigating Lear recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lear is a good investment. Please check the relationship between Lear Accounts Payable and its Long Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lear Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Accounts Payable vs Long Term Investments
Accounts Payable vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lear Accounts Payable account and Long Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lear's Accounts Payable and Long Term Investments is 0.46. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Lear Corporation, assuming nothing else is changed. The correlation between historical values of Lear's Accounts Payable and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Lear Corporation are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accounts Payable i.e., Lear's Accounts Payable and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Lear obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Lear are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Long Term Investments
Long Term Investments is an item on the asset side of Lear balance sheet that represents investments Lear intends to hold for over a year. Lear Corporation long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Lear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lear 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 Lear Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. The current year's Sales General And Administrative To Revenue is expected to grow to 0.04, whereas Selling General Administrative is forecasted to decline to about 560.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.4B | 1.8B | 1.4B | Total Revenue | 19.3B | 20.9B | 23.5B | 15.9B |
Lear fundamental ratios Correlations
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Lear fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.7B | 13.2B | 13.4B | 13.8B | 14.7B | 9.1B | |
Short Long Term Debt Total | 2.3B | 2.3B | 2.6B | 2.6B | 2.9B | 2.1B | |
Other Current Liab | 1.8B | 1.9B | 1.8B | 2.0B | 1.7B | 1.2B | |
Total Current Liabilities | 4.7B | 5.1B | 4.8B | 5.2B | 5.7B | 3.8B | |
Total Stockholder Equity | 4.5B | 4.6B | 4.8B | 4.8B | 4.9B | 2.6B | |
Property Plant And Equipment Net | 2.7B | 2.7B | 2.7B | 2.9B | 3.0B | 1.9B | |
Net Debt | 839.3M | 1.0B | 1.3B | 1.5B | 1.7B | 882.7M | |
Retained Earnings | 4.7B | 4.8B | 5.1B | 5.2B | 5.6B | 5.9B | |
Accounts Payable | 2.8B | 2.7B | 2.5B | 2.8B | 3.4B | 2.3B | |
Cash | 1.5B | 1.3B | 1.3B | 1.1B | 1.2B | 877.0M | |
Non Current Assets Total | 6.3B | 6.4B | 6.6B | 6.8B | 7.1B | 4.6B | |
Non Currrent Assets Other | 2.0B | 2.0B | 2.2B | 2.3B | 2.2B | 2.4B | |
Cash And Short Term Investments | 1.5B | 1.3B | 1.3B | 1.1B | 1.2B | 877.0M | |
Net Receivables | 3.0B | 3.3B | 3.0B | 3.5B | 3.7B | 2.3B | |
Good Will | 1.6B | 1.7B | 1.7B | 1.7B | 1.7B | 1.1B | |
Common Stock Shares Outstanding | 61.9M | 60.4M | 60.4M | 59.9M | 59.1M | 85.0M | |
Liabilities And Stockholders Equity | 12.7B | 13.2B | 13.4B | 13.8B | 14.7B | 9.1B | |
Non Current Liabilities Total | 3.5B | 3.5B | 3.8B | 3.7B | 4.0B | 2.7B | |
Inventory | 1.3B | 1.4B | 1.6B | 1.6B | 1.8B | 1.8B | |
Other Current Assets | 678.2M | 799.7M | 833.5M | 853.7M | 1.0B | 591.6M | |
Other Stockholder Equity | 557.4M | 512.6M | 340.2M | 269.2M | 5.9M | 5.6M | |
Total Liab | 8.2B | 8.6B | 8.5B | 8.9B | 9.6B | 6.5B | |
Total Current Assets | 6.4B | 6.8B | 6.8B | 7.0B | 7.6B | 4.5B | |
Accumulated Other Comprehensive Income | (772.7M) | (705.1M) | (770.2M) | (805.1M) | (688.8M) | (654.4M) | |
Short Term Debt | 33.3M | 130.5M | 126.4M | 157.5M | 179.7M | 203.8M | |
Property Plant And Equipment Gross | 2.7B | 2.7B | 2.7B | 2.9B | 6.8B | 7.1B | |
Intangible Assets | 423.7M | 368.2M | 302.5M | 235.4M | 189.1M | 179.6M | |
Other Liab | 678.9M | 767.8M | 1.2B | 558.1M | 641.8M | 681.0M | |
Other Assets | 1.4B | 1.4B | 2.2B | 2.3B | 2.6B | 2.7B | |
Long Term Debt | 2.3B | 2.3B | 2.6B | 2.6B | 2.7B | 2.1B | |
Treasury Stock | (225.1M) | (563.1M) | (598.6M) | (679.2M) | (611.3M) | (580.7M) | |
Property Plant Equipment | 2.7B | 2.7B | 2.7B | 2.9B | 3.3B | 2.1B | |
Net Tangible Assets | 4.5B | 4.5B | 3.2B | 4.7B | 5.4B | 3.5B | |
Noncontrolling Interest In Consolidated Entity | 151.4M | 147.6M | 165M | 151.5M | 174.2M | 143.7M | |
Retained Earnings Total Equity | 4.7B | 4.8B | 5.1B | 5.2B | 6.0B | 3.8B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Lear offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lear's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lear Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lear Corporation Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lear Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lear. If investors know Lear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.071 | Dividend Share 3.08 | Earnings Share 9.55 | Revenue Per Share 410.529 | Quarterly Revenue Growth (0.03) |
The market value of Lear is measured differently than its book value, which is the value of Lear that is recorded on the company's balance sheet. Investors also form their own opinion of Lear's value that differs from its market value or its book value, called intrinsic value, which is Lear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lear's market value can be influenced by many factors that don't directly affect Lear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.