Legacy Housing Corp (LEGH) is a leading manufacturer of mobile homes and manufactured homes in the United States. The company has established itself as a trusted name in the industry, providing high-quality and affordable housing solutions to customers across the country. With a strong focus on innovation and customer satisfaction, Legacy Housing Corp continues to expand its product offerings and improve its financial performance. In this section, we will discuss the financials of Legacy Housing Corp, including its income statement, EBIT, EBITDA, gross profit, net income from stockholders, and total revenue.
The income statement of Legacy Housing Corp provides a comprehensive overview of the company's financial performance. It shows the company's revenue, expenses, and net income over a specific period. Legacy Housing Corp has demonstrated consistent growth in its revenue, with a significant increase in recent years. The company's EBIT (earnings before interest and taxes) is a useful metric to assess its profitability, as it reflects the company's earning power before taking into account interest and tax expenses. Legacy Housing Corp has achieved a positive EBIT, indicating its ability to generate profits from its core operations. Similarly, EBITDA (earnings before interest, taxes, depreciation, and amortization) provides a measure of the company's operating performance without considering non-operational factors. Legacy Housing Corp has seen a steady growth in its EBITDA over the years, highlighting its strong operational efficiency.
Gross profit is another important financial metric that measures the profitability of Legacy Housing Corp. It represents the difference between the company's revenue and the cost of goods sold. Legacy Housing Corp has consistently maintained a healthy gross profit margin, indicating its ability to generate profits from its manufacturing and sales activities. Net income from stockholders reflects the company's profitability after accounting for interest, taxes, and other expenses. Legacy Housing Corp has consistently reported positive net income, demonstrating its ability to generate value for its stockholders. Total revenue is a comprehensive measure of the company's top-line performance, including sales from mobile homes, manufactured homes, and related products. Legacy Housing Corp has witnessed a significant increase in its total revenue, driven by its expanding customer base and strong market demand for affordable housing solutions.
The balance sheet of Legacy Housing Corp provides a snapshot of the company's financial position at a specific point in time. It includes the company's assets, liabilities, and stockholders' equity. Cash equivalents represent highly liquid assets that can be readily converted into cash. Legacy Housing Corp has maintained a healthy level of cash equivalents, providing financial flexibility and stability. Net debt is a key financial metric that reflects the company's overall debt position after subtracting its cash and cash equivalents. Legacy Housing Corp has effectively managed its net debt, maintaining a conservative capital structure. Stockholders' equity represents the residual value of the company's assets after deducting its liabilities. Legacy Housing Corp has consistently increased its stockholders' equity, indicating its ability to generate value for its investors.
Total assets represent the company's entire resource base, including its tangible and intangible assets. Legacy Housing Corp has seen significant growth in its total assets, reflecting its continuous investment in expanding its manufacturing facilities and developing new product lines. Total debt represents the company's financial obligations, including short-term and long-term debt. Legacy Housing Corp has maintained a prudent approach to debt management, ensuring its ability to meet its financial obligations. Total liabilities include the company's current and long-term obligations, such as accounts payable, accrued expenses, and long-term debt. Legacy Housing Corp has effectively managed its total liabilities, maintaining a strong financial position. Cash flow is a vital financial metric that measures the company's ability to generate cash from its operations, investments, and financing activities. Legacy Housing Corp has consistently achieved positive cash flow, reflecting its strong cash generation capabilities.
The financing cash flow represents the cash inflows and outflows related to the company's financing activities, such as issuing or repurchasing stocks, paying dividends, and borrowing or repaying debt. Legacy Housing Corp has effectively managed its financing cash flow, ensuring a stable and sustainable capital structure. Free cash flow is a key financial metric that reflects the company's ability to generate cash after accounting for its capital expenditures. Legacy Housing Corp has consistently generated positive free cash flow, indicating its strong cash generation capabilities. Investing cash flow represents the cash inflows and outflows related to the company's investment activities, such as acquiring or disposing of fixed assets and making strategic investments. Legacy Housing Corp has effectively managed its investing cash flow, strategically allocating its resources to drive growth and enhance shareholder value. Operating cash flow represents the cash generated or used by the company's core operations, providing insight into its ability to generate cash from its day-to-day business activities. Legacy Housing Corp has achieved positive operating cash flow, demonstrating its operational efficiency and financial stability.