Luxi Total Assets vs Other Current Liab 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 Total Assets and its Other Current Liab 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.

Total Assets vs Other Current Liab

Total Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luxi Chemical Group Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Luxi Chemical's Total Assets and Other Current Liab is 0.56. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab 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 Total Assets and Other Current 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 Luxi Chemical Group are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., Luxi Chemical's Total Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Luxi Chemical 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 Luxi Chemical Group 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.

Other Current Liab

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.