Legacy Total Assets vs Common Stock Analysis

LGCY Stock  USD 8.21  0.11  1.36%   
Legacy Education financial indicator trend analysis is infinitely more than just investigating Legacy Education recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Legacy Education is a good investment. Please check the relationship between Legacy Education Total Assets and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Legacy Stock please use our How to Invest in Legacy Education guide.

Total Assets vs Common Stock

Total Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legacy Education Total Assets account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Legacy Education's Total Assets and Common Stock is -0.77. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Legacy Education, assuming nothing else is changed. The correlation between historical values of Legacy Education's Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Legacy Education are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Legacy Education's Total Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Legacy Education assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Legacy Education books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock

Most indicators from Legacy Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Legacy Education 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 Legacy Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Legacy Stock please use our How to Invest in Legacy Education guide.At this time, Legacy Education's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.44 in 2024, whereas Tax Provision is likely to drop slightly above 1.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense105.0K96.3K118.2K97.6K
Interest Income204.3K339.1K886.8K931.2K

Legacy Education fundamental ratios Correlations

0.971.01.00.90.960.940.910.51-0.960.96-0.610.780.880.990.980.920.9-0.880.990.94-0.420.880.80.620.95
0.970.970.970.780.910.990.780.65-0.950.89-0.580.660.790.970.930.890.82-0.80.990.99-0.440.760.80.50.88
1.00.970.990.90.950.950.90.5-0.960.95-0.610.790.880.980.990.910.9-0.880.990.94-0.430.880.80.640.94
1.00.970.990.860.970.950.870.58-0.950.97-0.620.720.851.00.960.920.88-0.861.00.95-0.420.830.790.550.94
0.90.780.90.860.810.750.990.13-0.850.86-0.50.970.920.820.950.820.91-0.850.830.74-0.320.990.750.880.87
0.960.910.950.970.810.860.840.49-0.860.99-0.650.640.820.980.910.830.84-0.860.950.86-0.380.770.620.470.92
0.940.990.950.950.750.860.740.69-0.950.84-0.520.650.750.940.910.880.78-0.750.971.0-0.420.730.840.490.84
0.910.780.90.870.990.840.740.15-0.860.9-0.560.940.940.840.950.840.93-0.880.840.73-0.360.990.740.840.9
0.510.650.50.580.130.490.690.15-0.580.45-0.31-0.020.20.590.380.60.27-0.280.610.73-0.290.090.58-0.250.47
-0.96-0.95-0.96-0.95-0.85-0.86-0.95-0.86-0.58-0.870.67-0.78-0.89-0.93-0.95-0.98-0.920.89-0.95-0.940.58-0.85-0.92-0.62-0.95
0.960.890.950.970.860.990.840.90.45-0.87-0.650.70.850.970.930.870.87-0.880.950.84-0.380.820.670.530.94
-0.61-0.58-0.61-0.62-0.5-0.65-0.52-0.56-0.310.67-0.65-0.39-0.79-0.62-0.58-0.71-0.80.88-0.6-0.490.92-0.53-0.48-0.32-0.79
0.780.660.790.720.970.640.650.94-0.02-0.780.7-0.390.870.670.880.730.85-0.760.70.63-0.30.980.740.960.75
0.880.790.880.850.920.820.750.940.2-0.890.85-0.790.870.820.920.881.0-0.980.830.72-0.660.940.750.790.94
0.990.970.981.00.820.980.940.840.59-0.930.97-0.620.670.820.940.890.85-0.850.990.94-0.40.790.740.50.93
0.980.930.990.960.950.910.910.950.38-0.950.93-0.580.880.920.940.90.93-0.890.960.9-0.420.940.820.750.93
0.920.890.910.920.820.830.880.840.6-0.980.87-0.710.730.880.890.90.91-0.880.910.88-0.610.820.930.550.97
0.90.820.90.880.910.840.780.930.27-0.920.87-0.80.851.00.850.930.91-0.990.860.76-0.670.930.780.750.96
-0.88-0.8-0.88-0.86-0.85-0.86-0.75-0.88-0.280.89-0.880.88-0.76-0.98-0.85-0.89-0.88-0.99-0.84-0.720.73-0.87-0.7-0.67-0.96
0.990.990.991.00.830.950.970.840.61-0.950.95-0.60.70.830.990.960.910.86-0.840.97-0.420.80.790.530.92
0.940.990.940.950.740.861.00.730.73-0.940.84-0.490.630.720.940.90.880.76-0.720.97-0.380.710.840.450.84
-0.42-0.44-0.43-0.42-0.32-0.38-0.42-0.36-0.290.58-0.380.92-0.3-0.66-0.4-0.42-0.61-0.670.73-0.42-0.38-0.39-0.49-0.27-0.62
0.880.760.880.830.990.770.730.990.09-0.850.82-0.530.980.940.790.940.820.93-0.870.80.71-0.390.760.910.86
0.80.80.80.790.750.620.840.740.58-0.920.67-0.480.740.750.740.820.930.78-0.70.790.84-0.490.760.580.81
0.620.50.640.550.880.470.490.84-0.25-0.620.53-0.320.960.790.50.750.550.75-0.670.530.45-0.270.910.580.59
0.950.880.940.940.870.920.840.90.47-0.950.94-0.790.750.940.930.930.970.96-0.960.920.84-0.620.860.810.59
Click cells to compare fundamentals

Legacy Education Account Relationship Matchups

Also Currently Popular

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.

Additional Tools for Legacy Stock Analysis

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