Luolai Property Plant And Equipment Net vs Good Will Analysis

002293 Stock

7.67 0.24 3.03%

Luolai Home financial indicator trend analysis is infinitely more than just investigating Luolai Home Textile recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luolai Home Textile is a good investment. Please check the relationship between Luolai Home Property Plant And Equipment Net and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Luolai Home Textile. 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.

Property Plant And Equipment Net vs Good Will

Property Plant And Equipment Net vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luolai Home Textile Property Plant And Equipment Net account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Luolai Home's Property Plant And Equipment Net and Good Will is -0.14. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Good Will in the same time period over historical financial statements of Luolai Home Textile, assuming nothing else is changed. The correlation between historical values of Luolai Home's Property Plant And Equipment Net and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Luolai Home Textile are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Property Plant And Equipment Net i.e., Luolai Home's Property Plant And Equipment Net and Good Will go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Luolai Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luolai Home Textile 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 Luolai Home Textile. 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 Selling General Administrative is expected to grow to about 70.3 M. The current year's Tax Provision is expected to grow to about 114.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	2.6B	2.4B	2.5B	1.5B
Total Revenue	5.8B	5.3B	5.3B	3.3B

Gross Profit Total Revenue

Luolai Home fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Non Currrent Assets Other	Other Assets	Good Will
Total Assets		0.55	0.5	0.81	0.97	0.7	0.58	-0.2	0.96	0.98	0.59	0.86	0.74	0.87	0.78	0.95	0.05	0.28	0.81	0.99	0.46	0.91	0.92	0.67	0.53	0.28
Short Long Term Debt Total	0.55		0.31	0.88	0.4	0.89	0.32	0.19	0.36	0.53	0.58	0.82	0.68	0.34	0.46	0.48	-0.24	-0.07	0.9	0.47	0.97	0.37	0.4	0.46	0.68	-0.16
Other Current Liab	0.5	0.31		0.37	0.49	0.32	-0.26	0.13	0.45	0.51	0.12	0.4	0.27	0.45	0.34	0.65	0.12	0.46	0.41	0.52	0.18	0.5	0.35	0.47	0.13	0.3
Total Current Liabilities	0.81	0.88	0.37		0.73	0.92	0.51	-0.07	0.72	0.8	0.73	0.98	0.83	0.68	0.67	0.75	-0.07	0.07	0.99	0.78	0.84	0.7	0.73	0.57	0.7	0.09
Total Stockholder Equity	0.97	0.4	0.49	0.73		0.61	0.57	-0.37	0.99	0.95	0.62	0.8	0.73	0.86	0.81	0.94	0.08	0.4	0.71	0.99	0.32	0.91	0.92	0.62	0.48	0.39
Property Plant And Equipment Net	0.7	0.89	0.32	0.92	0.61		0.54	-0.04	0.57	0.72	0.69	0.93	0.84	0.44	0.63	0.65	-0.32	0.08	0.93	0.64	0.82	0.53	0.54	0.66	0.62	-0.14
Current Deferred Revenue	0.58	0.32	-0.26	0.51	0.57	0.54		-0.29	0.55	0.59	0.48	0.55	0.54	0.44	0.69	0.41	-0.06	0.13	0.48	0.55	0.31	0.46	0.51	0.37	0.38	0.09
Net Debt	-0.2	0.19	0.13	-0.07	-0.37	-0.04	-0.29		-0.33	-0.24	-0.68	-0.13	-0.52	-0.07	-0.46	-0.19	0.29	-0.47	0.01	-0.28	0.09	-0.22	-0.18	0.05	-0.18	-0.28
Retained Earnings	0.96	0.36	0.45	0.72	0.99	0.57	0.55	-0.33		0.92	0.57	0.79	0.67	0.89	0.74	0.92	0.16	0.29	0.69	0.98	0.3	0.93	0.95	0.59	0.46	0.37
Accounts Payable	0.98	0.53	0.51	0.8	0.95	0.72	0.59	-0.24	0.92		0.61	0.84	0.77	0.83	0.8	0.95	-0.05	0.34	0.79	0.97	0.44	0.9	0.86	0.69	0.48	0.26
Cash	0.59	0.58	0.12	0.73	0.62	0.69	0.48	-0.68	0.57	0.61		0.73	0.94	0.35	0.71	0.54	-0.4	0.31	0.68	0.6	0.64	0.48	0.49	0.31	0.67	0.11
Non Current Assets Total	0.86	0.82	0.4	0.98	0.8	0.93	0.55	-0.13	0.79	0.84	0.73		0.86	0.71	0.71	0.81	-0.11	0.11	0.98	0.82	0.76	0.75	0.78	0.67	0.7	0.09
Cash And Short Term Investments	0.74	0.68	0.27	0.83	0.73	0.84	0.54	-0.52	0.67	0.77	0.94	0.86		0.49	0.77	0.69	-0.47	0.26	0.81	0.72	0.65	0.58	0.59	0.61	0.67	0.0
Net Receivables	0.87	0.34	0.45	0.68	0.86	0.44	0.44	-0.07	0.89	0.83	0.35	0.71	0.49		0.62	0.84	0.31	0.16	0.66	0.89	0.25	0.88	0.92	0.58	0.42	0.45
Common Stock Shares Outstanding	0.78	0.46	0.34	0.67	0.81	0.63	0.69	-0.46	0.74	0.8	0.71	0.71	0.77	0.62		0.72	-0.04	0.58	0.64	0.81	0.43	0.63	0.66	0.53	0.56	0.47
Inventory	0.95	0.48	0.65	0.75	0.94	0.65	0.41	-0.19	0.92	0.95	0.54	0.81	0.69	0.84	0.72		0.01	0.39	0.75	0.95	0.37	0.94	0.85	0.67	0.51	0.34
Other Current Assets	0.05	-0.24	0.12	-0.07	0.08	-0.32	-0.06	0.29	0.16	-0.05	-0.4	-0.11	-0.47	0.31	-0.04	0.01		0.09	-0.12	0.11	-0.18	0.17	0.24	-0.35	-0.25	0.64
Other Stockholder Equity	0.28	-0.07	0.46	0.07	0.4	0.08	0.13	-0.47	0.29	0.34	0.31	0.11	0.26	0.16	0.58	0.39	0.09		0.04	0.36	-0.07	0.27	0.11	-0.01	-0.07	0.68
Total Liab	0.81	0.9	0.41	0.99	0.71	0.93	0.48	0.01	0.69	0.79	0.68	0.98	0.81	0.66	0.64	0.75	-0.12	0.04		0.76	0.84	0.69	0.7	0.63	0.71	0.04
Total Current Assets	0.99	0.47	0.52	0.78	0.99	0.64	0.55	-0.28	0.98	0.97	0.6	0.82	0.72	0.89	0.81	0.95	0.11	0.36	0.76		0.4	0.93	0.93	0.61	0.5	0.39
Short Term Debt	0.46	0.97	0.18	0.84	0.32	0.82	0.31	0.09	0.3	0.44	0.64	0.76	0.65	0.25	0.43	0.37	-0.18	-0.07	0.84	0.4		0.29	0.33	0.25	0.67	-0.1
Intangible Assets	0.91	0.37	0.5	0.7	0.91	0.53	0.46	-0.22	0.93	0.9	0.48	0.75	0.58	0.88	0.63	0.94	0.17	0.27	0.69	0.93	0.29		0.87	0.51	0.49	0.41
Common Stock	0.92	0.4	0.35	0.73	0.92	0.54	0.51	-0.18	0.95	0.86	0.49	0.78	0.59	0.92	0.66	0.85	0.24	0.11	0.7	0.93	0.33	0.87		0.58	0.5	0.36
Non Currrent Assets Other	0.67	0.46	0.47	0.57	0.62	0.66	0.37	0.05	0.59	0.69	0.31	0.67	0.61	0.58	0.53	0.67	-0.35	-0.01	0.63	0.61	0.25	0.51	0.58		0.44	-0.2
Other Assets	0.53	0.68	0.13	0.7	0.48	0.62	0.38	-0.18	0.46	0.48	0.67	0.7	0.67	0.42	0.56	0.51	-0.25	-0.07	0.71	0.5	0.67	0.49	0.5	0.44		0.09
Good Will	0.28	-0.16	0.3	0.09	0.39	-0.14	0.09	-0.28	0.37	0.26	0.11	0.09	0.0	0.45	0.47	0.34	0.64	0.68	0.04	0.39	-0.1	0.41	0.36	-0.2	0.09

Click cells to compare fundamentals

Luolai Home Account Relationship Matchups

Luolai Home fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.4B	5.8B	6.3B	7.0B	6.8B	3.7B
Short Long Term Debt Total	23.8M	92.2M	670.0M	1.1B	1.1B	1.2B
Other Current Liab	204.0M	176.7M	178.7M	611.3M	166.2M	202.0M
Total Current Liabilities	1.1B	1.4B	1.7B	2.1B	2.2B	2.3B
Total Stockholder Equity	4.1B	4.3B	4.1B	4.2B	4.2B	2.6B
Property Plant And Equipment Net	412.5M	982.1M	1.5B	1.5B	1.6B	1.6B
Current Deferred Revenue	346.9M	498.4M	591.5M	197.1M	516.6M	305.4M
Net Debt	(1.8B)	(1.6B)	(462.6M)	(65.5M)	(998.2M)	(1.0B)
Retained Earnings	2.1B	2.2B	1.9B	2.0B	2.1B	1.2B
Accounts Payable	523.8M	668.1M	649.6M	744.4M	692.1M	397.3M
Cash	1.8B	1.7B	1.1B	1.2B	2.1B	2.2B
Non Current Assets Total	1.6B	1.9B	2.5B	2.6B	2.5B	2.7B
Cash And Short Term Investments	1.9B	2.1B	1.8B	2.0B	2.2B	2.3B
Net Receivables	588.2M	604.1M	588.2M	699.0M	463.5M	381.6M
Common Stock Shares Outstanding	832.4M	828.7M	834.7M	838.5M	837.3M	808.2M
Liabilities And Stockholders Equity	5.4B	5.8B	6.3B	7.0B	6.8B	3.7B
Inventory	1.2B	1.1B	1.3B	1.6B	1.3B	819.0M
Other Current Assets	51.9M	137.6M	93.9M	74.2M	122.1M	116.0M
Other Stockholder Equity	782.8M	782.4M	800.6M	757.1M	736.9M	747.7M
Total Liab	1.2B	1.5B	2.2B	2.8B	2.5B	2.7B
Total Current Assets	3.8B	4.0B	3.8B	4.4B	4.3B	2.6B
Short Term Debt	23.8M	92.2M	283.4M	571.0M	796.6M	836.4M
Intangible Assets	292.2M	269.4M	251.1M	305.7M	308.6M	158.1M
Common Stock	830.6M	827.7M	838.4M	839.9M	834.7M	485.9M
Non Currrent Assets Other	406.6M	458.9M	758.1M	903.7M	125.5M	199.6M
Good Will	192.1M	128.2M	123.7M	132.8M	133.0M	159.1M
Property Plant Equipment	412.5M	982.1M	1.5B	1.5B	1.7B	1.8B
Other Liab	84.7M	86.4M	87.9M	95.8M	110.2M	62.8M
Non Current Liabilities Total	84.7M	86.4M	474.5M	663.7M	374.1M	203.8M
Short Term Investments	58.4M	395.1M	684.4M	772.7M	85.7M	81.4M
Net Tangible Assets	3.6B	3.9B	3.7B	3.7B	4.3B	3.5B
Deferred Long Term Liab	55.3M	62.2M	57.0M	102.9M	118.3M	63.9M
Short Long Term Debt	23.8M	92.2M	203.1M	492.7M	260.8M	232.4M
Non Current Liabilities Other	3.4M	6.1M	143.7K	107.4K	58.8K	55.9K
Net Invested Capital	4.1B	4.4B	4.3B	4.8B	4.5B	4.6B
Net Working Capital	2.7B	2.5B	2.1B	2.3B	2.1B	1.8B
Capital Stock	830.6M	827.7M	838.4M	839.9M	834.7M	903.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Other Information on Investing in Luolai Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Luolai Property Plant And Equipment Net vs Good Will Analysis

Property Plant And Equipment Net vs Good Will

Property Plant And Equipment Net vs Good Will Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Good Will

Luolai Home fundamental ratios Correlations

Luolai Home Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Luolai Home fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Luolai Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Current Liabilities

Cash	- 0.68	Net Debt
Cash And Short Term Investments	- 0.52	Net Debt
Other Current Assets	- 0.47	Cash And Short Term Investments
Other Stockholder Equity	- 0.47	Net Debt
Common Stock Shares Outstanding	- 0.46	Net Debt
Other Current Assets	- 0.4	Cash