LYV Stock | | | USD 134.36 0.37 0.28% |
Live Nation financial indicator trend analysis is infinitely more than just investigating Live Nation Entertainment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Live Nation Entertainment is a good investment. Please check the relationship between Live Nation Total Assets and its Deferred Long Term Liab accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Nation Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Total Assets vs Deferred Long Term Liab
Total Assets vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Live Nation Entertainment Total Assets account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Live Nation's Total Assets and Deferred Long Term Liab is 0.68. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Live Nation Entertainment, assuming nothing else is changed. The correlation between historical values of Live Nation's Total Assets and Deferred Long Term 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 Assets of Live Nation Entertainment are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Assets i.e., Live Nation's Total Assets and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Live Nation 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 Live Nation Entertainment 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.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Live Nation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Live Nation Entertainment 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 Live Nation Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
At this time, Live Nation's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 168.2
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 12.15 in 2024.
Live Nation fundamental ratios Correlations
Click cells to compare fundamentals
Live Nation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Live Nation fundamental ratios Accounts
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.
Additional Tools for Live Stock Analysis
When running Live Nation's price analysis, check to
measure Live Nation'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 Live Nation is operating at the current time. Most of Live Nation's value examination focuses on studying past and present price action to
predict the probability of Live Nation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Live Nation's price. Additionally, you may evaluate how the addition of Live Nation to your portfolios can decrease your overall portfolio volatility.