Lier Total Current Assets vs Non Current Assets Total Analysis

002258 Stock   8.50  0.08  0.95%   
Lier Chemical financial indicator trend analysis is infinitely more than just investigating Lier Chemical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lier Chemical is a good investment. Please check the relationship between Lier Chemical Total Current Assets and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lier Chemical Co. 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 Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lier Chemical Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lier Chemical's Total Current Assets and Non Current Assets Total is 0.96. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Lier Chemical Co, assuming nothing else is changed. The correlation between historical values of Lier Chemical's Total Current Assets and Non Current Assets Total 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 Current Assets of Lier Chemical Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., Lier Chemical's Total Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Lier Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lier Chemical 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 Lier Chemical Co. 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.
The current year's Tax Provision is expected to grow to about 133.8 M, whereas Selling General Administrative is forecasted to decline to about 146 M.
 2021 2022 2023 2024 (projected)
Operating Income1.5B2.4B963.3M524.1M
Total Revenue6.5B10.1B7.9B8.2B

Lier Chemical fundamental ratios Correlations

0.390.990.990.990.991.00.980.950.960.980.680.990.980.951.00.90.980.240.91-0.830.550.920.90.930.19
0.390.460.390.310.420.370.510.190.560.51-0.350.380.310.310.390.230.30.620.15-0.560.340.620.450.410.22
0.990.460.980.970.980.990.980.920.970.980.610.990.960.930.990.870.960.320.87-0.860.610.940.930.930.26
0.990.390.980.990.990.990.960.970.950.980.660.970.990.950.990.850.990.160.94-0.80.480.910.870.930.16
0.990.310.970.990.980.990.940.970.940.960.710.970.990.940.990.880.980.180.93-0.820.480.880.860.920.15
0.990.420.980.990.980.980.970.960.940.980.620.960.990.920.980.840.990.160.94-0.80.450.930.860.930.16
1.00.370.990.990.990.980.970.950.960.980.670.980.980.940.990.880.980.220.92-0.830.550.920.910.930.19
0.980.510.980.960.940.970.970.880.940.980.580.970.940.890.970.880.950.360.86-0.870.590.960.910.920.31
0.950.190.920.970.970.960.950.880.860.910.740.910.980.910.940.80.98-0.050.99-0.70.330.820.770.890.05
0.960.560.970.950.940.940.960.940.860.960.540.950.920.930.970.850.910.370.8-0.840.60.920.910.890.13
0.980.510.980.980.960.980.980.980.910.960.560.970.960.910.980.860.960.290.88-0.840.530.950.90.920.2
0.68-0.350.610.660.710.620.670.580.740.540.560.690.690.690.680.770.72-0.080.72-0.460.310.420.530.580.02
0.990.380.990.970.970.960.980.970.910.950.970.690.960.920.990.940.960.340.86-0.870.610.910.920.910.23
0.980.310.960.990.990.990.980.940.980.920.960.690.960.940.980.860.990.090.96-0.760.430.880.850.920.09
0.950.310.930.950.940.920.940.890.910.930.910.690.920.940.950.820.940.150.86-0.710.560.820.880.850.13
1.00.390.990.990.990.980.990.970.940.970.980.680.990.980.950.90.970.270.89-0.850.580.920.910.920.21
0.90.230.870.850.880.840.880.880.80.850.860.770.940.860.820.90.860.410.75-0.820.590.80.840.810.14
0.980.30.960.990.980.990.980.950.980.910.960.720.960.990.940.970.860.10.97-0.780.440.890.850.920.13
0.240.620.320.160.180.160.220.36-0.050.370.29-0.080.340.090.150.270.410.1-0.14-0.640.620.380.390.230.45
0.910.150.870.940.930.940.920.860.990.80.880.720.860.960.860.890.750.97-0.14-0.640.250.790.720.870.05
-0.83-0.56-0.86-0.8-0.82-0.8-0.83-0.87-0.7-0.84-0.84-0.46-0.87-0.76-0.71-0.85-0.82-0.78-0.64-0.64-0.54-0.86-0.74-0.82-0.34
0.550.340.610.480.480.450.550.590.330.60.530.310.610.430.560.580.590.440.620.25-0.540.540.810.470.61
0.920.620.940.910.880.930.920.960.820.920.950.420.910.880.820.920.80.890.380.79-0.860.540.880.960.26
0.90.450.930.870.860.860.910.910.770.910.90.530.920.850.880.910.840.850.390.72-0.740.810.880.830.31
0.930.410.930.930.920.930.930.920.890.890.920.580.910.920.850.920.810.920.230.87-0.820.470.960.830.19
0.190.220.260.160.150.160.190.310.050.130.20.020.230.090.130.210.140.130.450.05-0.340.610.260.310.19
Click cells to compare fundamentals

Lier Chemical Account Relationship Matchups

Lier Chemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6B8.5B10.2B12.9B14.8B15.6B
Other Current Liab224.8M270.9M528.6M518.7M18.5M17.5M
Total Current Liabilities2.2B2.6B2.6B3.6B3.6B3.8B
Total Stockholder Equity3.4B4.0B5.0B7.3B7.5B7.9B
Other Liab152.1M148.6M163.1M256.8M295.3M310.1M
Retained Earnings1.8B2.4B3.4B4.9B4.8B5.0B
Accounts Payable1.3B1.2B1.4B2.1B2.3B2.4B
Cash739.1M1.2B1.4B1.4B1.5B1.5B
Other Assets157.9M180.6M232.2M571.4M657.1M689.9M
Net Receivables1.1B900.0M1.3B1.6B1.4B1.5B
Inventory956.1M1.1B1.5B1.7B1.6B1.7B
Other Current Assets60.5M67.3M2.7M56.4K268.5M281.9M
Total Liab3.6B3.8B4.4B4.5B6.1B6.4B
Intangible Assets411.4M425.4M644.1M1.0B1.1B1.2B
Common Stock524.4M524.4M526.8M800.4M920.5M966.5M
Property Plant Equipment4.1B4.3B4.7B6.2B7.1B7.5B
Long Term Debt1.2B963.8M1.6B559.6M2.0B2.1B
Net Tangible Assets2.9B3.5B4.3B6.3B7.3B7.6B
Other Stockholder Equity203.1M205.2M198.5M9.6M11.1M10.5M
Deferred Long Term Liab4.6M18.2M27.4M70.5M81.0M85.1M
Short Long Term Debt445.8M573.5M240.2M132.5M240.1M283.5M
Total Current Assets2.9B3.5B4.7B5.2B5.2B3.4B
Non Current Assets Total4.7B4.9B5.6B7.7B9.7B5.7B
Non Currrent Assets Other126.3M4.4B144.2M435.3M189.6M180.2M
Non Current Liabilities Total1.3B1.2B1.8B885.4M2.5B1.3B
Non Current Liabilities Other370K1.1B904.5K27.8M25.0M23.8M
Net Debt818.8M376.3M442.6M776.8M893.3M612.6M
Common Stock Shares Outstanding524.4M524.4M526.8M800.4M920.5M664.0M
Short Term Investments1.2M4.3M14.0M61.2K117.1K111.2K
Net Invested Capital4.9B5.5B6.8B8.0B9.7B6.7B
Net Working Capital670.7M985.3M2.0B1.6B1.6B1.3B
Capital Stock524.4M524.4M526.8M800.4M920.5M678.5M

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Other Information on Investing in Lier Stock

Balance Sheet is a snapshot of the financial position of Lier Chemical at a specified time, usually calculated after every quarter, six months, or one year. Lier Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lier 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 Lier currently owns. An asset can also be divided into two categories, current and non-current.