Las Price To Sales Ratio vs Interest Coverage Analysis

LVS Stock  USD 54.45  0.43  0.78%   
Las Vegas financial indicator trend analysis is infinitely more than just investigating Las Vegas Sands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Las Vegas Sands is a good investment. Please check the relationship between Las Vegas Price To Sales Ratio and its Interest Coverage accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Las Vegas Sands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Price To Sales Ratio vs Interest Coverage

Price To Sales Ratio vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Las Vegas Sands Price To Sales Ratio account and Interest Coverage. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Las Vegas' Price To Sales Ratio and Interest Coverage is -0.61. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Las Vegas Sands, assuming nothing else is changed. The correlation between historical values of Las Vegas' Price To Sales Ratio and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Las Vegas Sands are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Price To Sales Ratio i.e., Las Vegas' Price To Sales Ratio and Interest Coverage go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Las Vegas Sands stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Las Vegas sales, a figure that is much harder to manipulate than other Las Vegas Sands multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Interest Coverage

Most indicators from Las Vegas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Las Vegas Sands 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 Las Vegas Sands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At this time, Las Vegas' Discontinued Operations is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Selling General Administrative is likely to drop slightly above 973 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B2.6B5.2B3.9B
Total Revenue4.2B4.1B10.4B7.3B

Las Vegas fundamental ratios Correlations

0.680.980.760.770.830.730.90.60.540.70.640.91-0.030.320.780.640.440.860.170.780.760.060.560.840.77
0.680.750.060.40.370.630.86-0.110.640.570.330.84-0.2-0.210.090.330.860.31-0.480.090.89-0.470.870.190.19
0.980.750.670.750.750.740.940.560.490.660.510.93-0.120.20.70.510.520.810.00.70.810.070.670.760.72
0.760.060.670.60.840.370.440.90.170.410.660.490.240.680.980.66-0.150.870.660.990.240.44-0.010.980.92
0.770.40.750.60.550.80.750.610.350.670.280.68-0.270.220.70.280.210.750.290.670.510.350.310.70.51
0.830.370.750.840.550.470.580.60.520.720.830.70.30.640.780.830.090.910.450.810.57-0.020.160.880.89
0.730.630.740.370.80.470.850.350.630.740.20.78-0.270.070.450.20.30.660.010.430.690.030.420.50.31
0.90.860.940.440.750.580.850.350.60.70.370.95-0.210.060.50.370.630.68-0.140.490.89-0.10.730.570.5
0.6-0.110.560.90.610.60.350.35-0.10.220.280.360.10.580.930.28-0.250.790.60.920.090.74-0.060.880.82
0.540.640.490.170.350.520.630.6-0.10.780.540.660.010.080.150.540.30.45-0.050.170.68-0.530.220.280.23
0.70.570.660.410.670.720.740.70.220.780.540.780.060.280.410.540.220.740.180.430.7-0.280.260.530.47
0.640.330.510.660.280.830.20.370.280.540.540.480.370.50.571.00.10.580.440.60.38-0.290.080.670.64
0.910.840.930.490.680.70.780.950.360.660.780.480.020.170.520.480.60.74-0.060.540.91-0.160.660.610.59
-0.03-0.2-0.120.24-0.270.3-0.27-0.210.10.010.060.370.020.660.140.37-0.250.120.560.22-0.1-0.11-0.40.190.28
0.32-0.210.20.680.220.640.070.060.580.080.280.50.170.660.620.5-0.310.570.810.640.050.17-0.420.650.65
0.780.090.70.980.70.780.450.50.930.150.410.570.520.140.620.57-0.120.870.640.990.250.520.040.980.88
0.640.330.510.660.280.830.20.370.280.540.541.00.480.370.50.570.10.580.440.60.38-0.290.080.670.64
0.440.860.52-0.150.210.090.30.63-0.250.30.220.10.6-0.25-0.31-0.120.1-0.01-0.58-0.110.73-0.430.88-0.05-0.01
0.860.310.810.870.750.910.660.680.790.450.740.580.740.120.570.870.58-0.010.460.880.550.250.150.930.89
0.17-0.480.00.660.290.450.01-0.140.6-0.050.180.44-0.060.560.810.640.44-0.580.460.65-0.290.4-0.650.610.48
0.780.090.70.990.670.810.430.490.920.170.430.60.540.220.640.990.6-0.110.880.650.260.50.030.990.9
0.760.890.810.240.510.570.690.890.090.680.70.380.91-0.10.050.250.380.730.55-0.290.26-0.420.720.370.42
0.06-0.470.070.440.35-0.020.03-0.10.74-0.53-0.28-0.29-0.16-0.110.170.52-0.29-0.430.250.40.5-0.42-0.240.390.28
0.560.870.67-0.010.310.160.420.73-0.060.220.260.080.66-0.4-0.420.040.080.880.15-0.650.030.72-0.240.080.12
0.840.190.760.980.70.880.50.570.880.280.530.670.610.190.650.980.67-0.050.930.610.990.370.390.080.92
0.770.190.720.920.510.890.310.50.820.230.470.640.590.280.650.880.64-0.010.890.480.90.420.280.120.92
Click cells to compare fundamentals

Las Vegas Account Relationship Matchups

Las Vegas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.2B20.8B20.1B22.0B21.8B17.1B
Total Stockholder Equity5.2B3.0B2.0B3.9B4.1B4.5B
Common Stock Shares Outstanding792M786M771M764M765M667.3M
Liabilities And Stockholders Equity23.2B20.8B20.1B22.0B21.8B17.1B
Short Long Term Debt Total12.5B14.0B14.8B16.0B14.0B10.1B
Other Current Liab2.5B2.5B2.3B1.3B1.7B1.6B
Total Current Liabilities3.2B2.8B2.6B3.9B4.4B2.4B
Other Liab741M735M371M377M433.6M509.1M
Property Plant And Equipment Net15.0B12.3B11.9B11.5B11.4B12.4B
Net Debt8.3B11.9B12.9B9.7B8.9B7.1B
Retained Earnings3.1B813M(148M)1.7B2.6B1.6B
Accounts Payable178M149M89M77M167M105.9M
Cash4.2B2.1B1.9B6.3B5.1B2.9B
Non Current Assets Total15.1B12.3B11.9B11.5B16.0B13.2B
Non Currrent Assets Other(316M)455M217M1.5B3.8B4.0B
Other Assets2.8B2.8B2.7B3.8B4.3B4.5B
Long Term Debt12.4B13.9B14.7B13.9B12.1B9.7B
Cash And Short Term Investments4.2B2.1B1.9B6.3B5.1B2.9B
Net Receivables757M218M185M222M484M672.5M
Non Current Liabilities Total12.4B13.9B14.7B13.9B13.3B10.0B
Other Current Assets285M3.4B3.4B183M150M142.5M
Other Stockholder Equity2.1B2.1B2.1B2.2B1.5B1.4B
Total Liab16.7B17.3B17.8B18.4B17.7B12.8B
Property Plant And Equipment Gross17.1B17.4B24.0B24.5B25.6B15.2B
Total Current Assets5.3B5.7B5.5B6.7B5.8B4.2B
Short Term Debt70M76M74M2.0B1.9B2.0B
Property Plant Equipment14.8B15.1B11.9B11.5B13.2B12.6B
Current Deferred Revenue540M197M74M471M543M307.1M
Accumulated Other Comprehensive Income(3M)29M(22M)(7M)27M17.7M
Intangible Assets42M25M19M64M495M519.8M
Net Tangible Assets5.1B2.9B2.1B3.8B3.4B4.6B
Noncontrolling Interest In Consolidated Entity1.3B565M252M(225M)(202.5M)(192.4M)
Retained Earnings Total Equity3.1B813M(148M)1.7B1.5B1.5B
Long Term Debt Total12.4B13.9B14.7B13.9B16.0B12.1B
Capital Surpluse6.6B6.6B6.6B6.7B7.7B7.0B
Deferred Long Term Liab183M188M173M152M136.8M130.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Las Stock Analysis

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