LHM Stock | | | 0.01 0.00 0.00% |
Land Homes financial indicator trend analysis is infinitely more than just investigating Land Homes Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Land Homes Group is a good investment. Please check the relationship between Land Homes Total Stockholder Equity and its Total Liab accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Land Homes Group. 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.
Total Stockholder Equity vs Total Liab
Total Stockholder Equity vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Land Homes Group Total Stockholder Equity account and
Total Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Land Homes' Total Stockholder Equity and Total Liab is 0.36. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of Land Homes Group, assuming nothing else is changed. The correlation between historical values of Land Homes' Total Stockholder Equity and Total Liab 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 Stockholder Equity of Land Homes Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Stockholder Equity i.e., Land Homes' Total Stockholder Equity and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Land Homes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Land Homes Group 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 Land Homes Group. 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.
Tax Provision is likely to gain to about 524.7
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 116.5
K in 2024.
Land Homes fundamental ratios Correlations
Click cells to compare fundamentals
Land Homes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Land Homes fundamental ratios Accounts
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Additional Tools for Land Stock Analysis
When running Land Homes' price analysis, check to
measure Land Homes' 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 Land Homes is operating at the current time. Most of Land Homes' value examination focuses on studying past and present price action to
predict the probability of Land Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Land Homes' price. Additionally, you may evaluate how the addition of Land Homes to your portfolios can decrease your overall portfolio volatility.