LGI Operating Income vs Cost Of Revenue Analysis
LGIH Stock | USD 91.20 0.93 1.03% |
LGI Homes financial indicator trend analysis is infinitely more than just investigating LGI Homes recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LGI Homes is a good investment. Please check the relationship between LGI Homes Operating Income and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.
Operating Income vs Cost Of Revenue
Operating Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LGI Homes Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LGI Homes' Operating Income and Cost Of Revenue is 0.95. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of LGI Homes, assuming nothing else is changed. The correlation between historical values of LGI Homes' Operating Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of LGI Homes are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., LGI Homes' Operating Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from LGI Homes operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of LGI Homes is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on LGI Homes income statement and represents the costs associated with goods and services LGI Homes provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from LGI Homes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LGI Homes 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 LGI Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.As of now, LGI Homes' Tax Provision is increasing as compared to previous years. The LGI Homes' current Sales General And Administrative To Revenue is estimated to increase to 0.06, while Selling General Administrative is projected to decrease to under 63.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 818.0M | 646.6M | 542.2M | 365.1M | Total Revenue | 3.1B | 2.3B | 2.4B | 1.4B |
LGI Homes fundamental ratios Correlations
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LGI Homes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LGI Homes fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.8B | 2.4B | 3.1B | 3.4B | 3.6B | |
Short Long Term Debt Total | 986.6M | 835.1M | 806.7M | 1.3B | 1.4B | 1.4B | |
Other Current Liab | (178.2M) | (161.7M) | 136.6M | (47.0M) | 187.6M | 197.0M | |
Total Current Liabilities | 130.4M | 148.7M | 150.8M | 365.4M | 235.5M | 120.1M | |
Total Stockholder Equity | 845.2M | 1.1B | 1.4B | 1.6B | 1.9B | 1.9B | |
Other Liab | 51.8M | 58.7M | 79.5M | 253.4M | 291.4M | 305.9M | |
Property Plant And Equipment Net | 1.6M | 3.6M | 16.9M | 33.0M | 45.5M | 47.8M | |
Net Debt | 652.2M | 502.5M | 754.7M | 1.2B | 1.3B | 1.4B | |
Accounts Payable | 12.5M | 13.7M | 14.2M | 25.3M | 31.6M | 16.0M | |
Cash | 38.3M | 35.9M | 50.5M | 32.0M | 49.0M | 42.7M | |
Non Current Assets Total | 71.8M | 104.7M | 157.5M | 169.4M | 209.9M | 220.4M | |
Non Currrent Assets Other | 16.2M | 44.9M | 81.7M | 107.0M | 113.8M | 119.5M | |
Other Assets | 45.0M | 101.1M | 134.4M | 100.0M | 1.0 | 0.95 | |
Long Term Debt | 690.6M | 538.4M | 805.2M | 1.1B | 1.2B | 1.3B | |
Cash And Short Term Investments | 38.3M | 35.9M | 50.5M | 32.0M | 49.0M | 42.7M | |
Net Receivables | 56.4M | 115.9M | 57.9M | 25.1M | 41.3M | 36.8M | |
Common Stock Shares Outstanding | 25.4M | 25.4M | 24.9M | 23.7M | 23.6M | 23.1M | |
Liabilities And Stockholders Equity | 1.7B | 1.8B | 2.4B | 3.1B | 3.4B | 3.6B | |
Non Current Liabilities Total | 690.6M | 538.4M | 805.2M | 1.1B | 1.3B | 1.4B | |
Inventory | 1.5B | 1.6B | 2.1B | 2.9B | 3.1B | 3.3B | |
Other Stockholder Equity | 234.5M | 204.5M | 31.7M | (48.3M) | (34.0M) | (32.3M) | |
Total Liab | 820.9M | 687.1M | 956.0M | 1.5B | 1.6B | 1.6B | |
Property Plant And Equipment Gross | 1.6M | 3.6M | 18.8M | 36.4M | 51.3M | 53.9M | |
Total Current Assets | 1.6B | 1.7B | 2.2B | 3.0B | 3.2B | 3.4B | |
Property Plant Equipment | 1.6M | 3.6M | 16.9M | 33.0M | 37.9M | 39.8M | |
Net Tangible Assets | 833.2M | 1.1B | 1.4B | 1.6B | 1.9B | 2.0B | |
Retained Earnings | 610.4M | 934.3M | 1.4B | 1.7B | 1.9B | 2.0B | |
Common Stock Total Equity | 264K | 267K | 269K | 272K | 312.8K | 262.7K | |
Retained Earnings Total Equity | 610.4M | 934.3M | 1.4B | 1.7B | 1.9B | 2.0B | |
Long Term Debt Total | 690.6M | 538.4M | 805.2M | 1.1B | 1.3B | 1.3B | |
Capital Surpluse | 252.6M | 270.6M | 291.6M | 306.7M | 352.7M | 252.7M | |
Deferred Long Term Liab | 2.1M | 37.2M | 40.7M | 2.6M | 3.0M | 2.9M | |
Short Term Debt | 296.0M | 296.7M | 1.4M | 141.8M | 1.5M | 1.5M |
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When determining whether LGI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LGI Homes' 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 Lgi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lgi Homes Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Household Durables 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 LGI Homes. If investors know LGI 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 LGI Homes 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 0.039 | Earnings Share 8.36 | Revenue Per Share 95.936 | Quarterly Revenue Growth 0.056 | Return On Assets 0.0402 |
The market value of LGI Homes is measured differently than its book value, which is the value of LGI that is recorded on the company's balance sheet. Investors also form their own opinion of LGI Homes' value that differs from its market value or its book value, called intrinsic value, which is LGI Homes' 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 LGI Homes' market value can be influenced by many factors that don't directly affect LGI Homes' 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 LGI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if LGI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGI Homes' 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.