Lier Total Current Liabilities vs Deferred Long Term Liab Analysis

002258 Stock   8.39  0.05  0.59%   
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 Liabilities and its Deferred Long Term Liab 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 Liabilities vs Deferred Long Term Liab

Total Current Liabilities vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lier Chemical Total Current Liabilities account and Deferred Long Term Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lier Chemical's Total Current Liabilities and Deferred Long Term Liab is 0.87. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Deferred Long Term Liab 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 Liabilities 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 Current Liabilities of Lier Chemical Co 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 Current Liabilities i.e., Lier Chemical's Total Current Liabilities and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Lier Chemical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lier Chemical Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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.