Las Total Assets vs Accounts Payable Analysis

LVS Stock  USD 53.06  1.64  3.19%   
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 Total Assets and its Accounts Payable 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.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Las Vegas Sands Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Las Vegas' Total Assets and Accounts Payable is 0.7. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable 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' Total Assets and Accounts Payable 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 Las Vegas Sands are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., Las Vegas' Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Las Vegas 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 Las Vegas Sands 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.

Accounts Payable

An accounting item on the balance sheet that represents Las Vegas 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 Las Vegas Sands 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.
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
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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

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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.