Luxi Operating Income vs Net Income From Continuing Ops Analysis

000830 Stock   11.53  0.13  1.14%   
Luxi Chemical financial indicator trend analysis is infinitely more than just investigating Luxi Chemical Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luxi Chemical Group is a good investment. Please check the relationship between Luxi Chemical Operating Income and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Luxi Chemical 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 nation.

Operating Income vs Net Income From Continuing Ops

Operating Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luxi Chemical Group Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Luxi Chemical's Operating Income and Net Income From Continuing Ops is 0.96. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Luxi Chemical Group, assuming nothing else is changed. The correlation between historical values of Luxi Chemical's Operating Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Luxi Chemical Group are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Luxi Chemical's Operating Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Luxi Chemical Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Luxi Chemical Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income From Continuing Ops

Most indicators from Luxi Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luxi Chemical 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Luxi Chemical 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 nation.
As of November 30, 2024, Selling General Administrative is expected to decline to about 82.5 M. In addition to that, Tax Provision is expected to decline to about 221.6 M
 2021 2022 2023 2024 (projected)
Operating Income8.0B4.3B1.8B1.4B
Total Revenue31.8B30.4B25.4B26.6B

Luxi Chemical fundamental ratios Correlations

0.560.870.790.750.11-0.080.590.580.090.630.460.930.870.820.650.720.780.72-0.60.430.7-0.30.830.690.27
0.560.50.350.47-0.23-0.260.220.320.610.270.350.540.320.320.420.260.340.3-0.49-0.210.40.180.490.360.25
0.870.50.510.450.370.190.280.340.260.530.610.980.680.70.390.720.580.35-0.320.360.71-0.080.650.40.24
0.790.350.510.97-0.16-0.30.920.47-0.10.450.070.60.690.940.890.430.950.9-0.820.660.68-0.60.850.930.24
0.750.470.450.97-0.33-0.460.890.430.040.32-0.040.540.610.870.90.320.920.92-0.910.550.66-0.630.860.950.21
0.11-0.230.37-0.16-0.330.77-0.260.15-0.180.390.540.340.230.06-0.330.53-0.17-0.330.560.08-0.110.18-0.21-0.34-0.3
-0.08-0.260.19-0.3-0.460.77-0.440.16-0.120.280.520.170.06-0.09-0.470.44-0.32-0.540.58-0.1-0.170.31-0.33-0.53-0.26
0.590.220.280.920.89-0.26-0.440.44-0.070.29-0.190.380.540.830.930.230.880.89-0.80.720.57-0.60.730.930.12
0.580.320.340.470.430.150.160.440.020.70.250.530.740.470.420.730.340.4-0.350.090.1-0.210.30.32-0.12
0.090.610.26-0.10.04-0.18-0.12-0.070.02-0.210.030.22-0.160.00.09-0.04-0.01-0.13-0.17-0.160.210.310.12-0.03-0.14
0.630.270.530.450.320.390.280.290.7-0.210.480.640.860.480.360.880.30.33-0.160.10.170.090.280.240.31
0.460.350.610.07-0.040.540.52-0.190.250.030.480.60.320.17-0.190.490.13-0.140.3-0.130.190.360.19-0.190.07
0.930.540.980.60.540.340.170.380.530.220.640.60.790.750.480.80.630.45-0.390.370.69-0.130.690.470.22
0.870.320.680.690.610.230.060.540.74-0.160.860.320.790.70.580.880.580.66-0.480.350.43-0.270.580.580.28
0.820.320.70.940.870.06-0.090.830.470.00.480.170.750.70.840.570.930.76-0.730.730.78-0.550.830.840.19
0.650.420.390.890.9-0.33-0.470.930.420.090.36-0.190.480.580.840.290.830.85-0.890.610.66-0.450.780.920.32
0.720.260.720.430.320.530.440.230.73-0.040.880.490.80.880.570.290.330.27-0.180.190.3-0.10.330.240.08
0.780.340.580.950.92-0.17-0.320.880.34-0.010.30.130.630.580.930.830.330.85-0.780.710.77-0.570.880.910.25
0.720.30.350.90.92-0.33-0.540.890.4-0.130.33-0.140.450.660.760.850.270.85-0.820.610.58-0.60.820.950.22
-0.6-0.49-0.32-0.82-0.910.560.58-0.8-0.35-0.17-0.160.3-0.39-0.48-0.73-0.89-0.18-0.78-0.82-0.41-0.610.57-0.74-0.9-0.33
0.43-0.210.360.660.550.08-0.10.720.09-0.160.1-0.130.370.350.730.610.190.710.61-0.410.71-0.540.660.68-0.02
0.70.40.710.680.66-0.11-0.170.570.10.210.170.190.690.430.780.660.30.770.58-0.610.71-0.270.910.690.35
-0.30.18-0.08-0.6-0.630.180.31-0.6-0.210.310.090.36-0.13-0.27-0.55-0.45-0.1-0.57-0.60.57-0.54-0.27-0.4-0.640.28
0.830.490.650.850.86-0.21-0.330.730.30.120.280.190.690.580.830.780.330.880.82-0.740.660.91-0.40.840.28
0.690.360.40.930.95-0.34-0.530.930.32-0.030.24-0.190.470.580.840.920.240.910.95-0.90.680.69-0.640.840.23
0.270.250.240.240.21-0.3-0.260.12-0.12-0.140.310.070.220.280.190.320.080.250.22-0.33-0.020.350.280.280.23
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Luxi Chemical Account Relationship Matchups

Luxi Chemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.2B31.9B32.1B34.4B35.3B17.7B
Other Current Liab4.2B2.3B1.8B3.4B66.8M63.5M
Total Current Liabilities15.0B14.0B9.1B12.0B13.9B7.8B
Total Stockholder Equity11.2B14.3B17.9B17.3B16.9B17.7B
Retained Earnings7.5B7.6B11.2B10.5B9.1B9.6B
Accounts Payable1.2B956.1M939.4M1.6B1.7B1.5B
Cash519.2M363.9M378.7M294.9M393.8M542.9M
Other Assets1.4B1.5B2.5B2.7B3.1B3.3B
Long Term Debt3.0B2.1B3.8B3.7B3.3B2.3B
Net Receivables1.2B57.3M110.1M61.9M34.8M33.1M
Inventory1.3B1.9B1.8B1.7B1.6B1.2B
Other Current Assets551.4M636.2M556.4M742.6M179.4M170.5M
Total Liab18.9B17.5B14.0B17.0B18.3B10.6B
Property Plant Equipment24.2B24.7B24.8B26.5B30.5B32.0B
Other Liab1.2B1.2B1.2B1.2B1.4B1.5B
Intangible Assets1.4B1.9B2.0B2.3B2.3B2.4B
Net Tangible Assets9.8B12.3B16.0B15.0B17.3B11.8B
Other Stockholder Equity1.5M18.7M35.4M46.0M41.4M39.3M
Short Long Term Debt8.4B8.3B3.4B5.0B8.3B6.6B
Total Current Assets3.6B3.7B2.8B2.8B2.5B2.5B
Non Current Assets Total27.1B28.2B29.3B31.6B32.8B30.3B
Non Currrent Assets Other379.8M25.2B1.3B1.5B1.3B1.2B
Non Current Liabilities Total4.5B3.5B4.9B5.0B4.4B4.3B
Non Current Liabilities Other955M2.3B3.0B1.3M1.1M1.1M
Net Debt10.9B10.0B6.8B8.4B11.1B9.8B
Net Invested Capital22.6B24.6B25.1B26.1B28.4B25.8B
Net Working Capital(11.3B)(10.3B)(6.3B)(9.2B)(11.4B)(12.0B)

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Other Information on Investing in Luxi Stock

Balance Sheet is a snapshot of the financial position of Luxi Chemical Group at a specified time, usually calculated after every quarter, six months, or one year. Luxi Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Luxi Chemical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Luxi currently owns. An asset can also be divided into two categories, current and non-current.