Longxing Capital Expenditures vs Change In Cash Analysis

002442 Stock

5.65 0.05 0.88%

Longxing Chemical financial indicator trend analysis is infinitely more than just investigating Longxing Chemical Stock recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Longxing Chemical Stock is a good investment. Please check the relationship between Longxing Chemical Capital Expenditures and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Longxing Chemical Stock. 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.

Capital Expenditures vs Change In Cash

Capital Expenditures vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Longxing Chemical Stock Capital Expenditures account and Change In Cash. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Longxing Chemical's Capital Expenditures and Change In Cash is 0.1. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Longxing Chemical Stock, assuming nothing else is changed. The correlation between historical values of Longxing Chemical's Capital Expenditures and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Longxing Chemical Stock are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Capital Expenditures i.e., Longxing Chemical's Capital Expenditures and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

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Capital Expenditures

Capital Expenditures are funds used by Longxing Chemical Stock to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Longxing Chemical operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change In Cash

Most indicators from Longxing Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Longxing Chemical Stock 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 Longxing Chemical Stock. 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 125 M, whereas Tax Provision is forecasted to decline to about 13.4 M.

	2021	2022	2023	2024 (projected)
Operating Income	283.2M	163.7M	196.8M	149.6M
Total Revenue	3.4B	4.6B	4.3B	2.9B

Operating Income Total Revenue

Longxing Chemical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Stockholder Equity	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other
Total Assets		0.03	0.83	0.64	-0.16	0.6	0.61	-0.02	0.52	0.6	0.8	0.71	-0.05	0.92	0.67	0.84	0.18	-0.51	0.62	-0.19	0.46	0.59	0.6	-0.11	0.69	0.45
Other Current Liab	0.03		0.12	-0.01	0.1	0.08	0.38	-0.1	-0.13	-0.31	0.3	0.2	-0.19	0.05	-0.06	0.08	0.19	0.1	-0.04	-0.08	0.03	-0.27	-0.21	-0.24	0.03	-0.18
Total Current Liabilities	0.83	0.12		0.12	0.34	0.11	0.6	-0.04	0.65	0.2	0.68	0.49	-0.05	0.97	0.5	0.79	0.62	-0.2	0.11	0.03	0.24	0.2	0.14	0.09	0.25	-0.01
Total Stockholder Equity	0.64	-0.01	0.12		-0.79	0.98	0.41	-0.08	-0.06	0.73	0.55	0.67	-0.22	0.29	0.58	0.49	-0.51	-0.7	0.99	-0.58	0.49	0.74	0.87	-0.51	0.92	0.89
Other Liab	-0.16	0.1	0.34	-0.79		-0.76	-0.15	-0.02	0.44	-0.65	-0.16	-0.37	0.26	0.2	-0.25	-0.08	0.75	0.69	-0.8	0.7	-0.31	-0.63	-0.73	0.65	-0.71	-0.79
Retained Earnings	0.6	0.08	0.11	0.98	-0.76		0.49	-0.13	-0.11	0.61	0.55	0.7	-0.27	0.26	0.55	0.49	-0.47	-0.62	0.96	-0.62	0.46	0.62	0.79	-0.58	0.89	0.9
Accounts Payable	0.61	0.38	0.6	0.41	-0.15	0.49		-0.09	0.01	0.13	0.81	0.62	-0.45	0.57	0.53	0.58	0.15	-0.43	0.4	-0.49	0.33	0.18	0.28	-0.51	0.57	0.4
Cash	-0.02	-0.1	-0.04	-0.08	-0.02	-0.13	-0.09		0.2	0.09	-0.17	-0.32	0.14	0.03	-0.33	-0.3	-0.17	0.08	-0.09	0.39	0.05	-0.04	-0.2	0.24	-0.09	-0.03
Other Assets	0.52	-0.13	0.65	-0.06	0.44	-0.11	0.01	0.2		0.14	0.16	0.26	0.35	0.68	0.14	0.32	0.43	0.21	-0.08	0.38	0.32	0.06	0.02	0.5	-0.05	-0.21
Long Term Debt	0.6	-0.31	0.2	0.73	-0.65	0.61	0.13	0.09	0.14		0.32	0.41	-0.04	0.37	0.62	0.37	-0.46	-0.82	0.75	-0.42	0.37	0.94	0.87	-0.28	0.7	0.6
Net Receivables	0.8	0.3	0.68	0.55	-0.16	0.55	0.81	-0.17	0.16	0.32		0.72	-0.2	0.72	0.57	0.65	0.07	-0.5	0.53	-0.32	0.44	0.46	0.53	-0.24	0.73	0.32
Inventory	0.71	0.2	0.49	0.67	-0.37	0.7	0.62	-0.32	0.26	0.41	0.72		0.07	0.55	0.39	0.57	-0.01	-0.34	0.6	-0.53	0.59	0.38	0.62	-0.31	0.68	0.43
Other Current Assets	-0.05	-0.19	-0.05	-0.22	0.26	-0.27	-0.45	0.14	0.35	-0.04	-0.2	0.07		0.0	-0.48	-0.25	0.16	0.47	-0.32	0.43	0.1	-0.15	-0.13	0.58	-0.33	-0.43
Total Liab	0.92	0.05	0.97	0.29	0.2	0.26	0.57	0.03	0.68	0.37	0.72	0.55	0.0		0.55	0.8	0.48	-0.29	0.27	0.04	0.32	0.35	0.3	0.1	0.39	0.12
Intangible Assets	0.67	-0.06	0.5	0.58	-0.25	0.55	0.53	-0.33	0.14	0.62	0.57	0.39	-0.48	0.55		0.63	-0.11	-0.75	0.64	-0.46	0.22	0.71	0.66	-0.42	0.64	0.55
Common Stock	0.84	0.08	0.79	0.49	-0.08	0.49	0.58	-0.3	0.32	0.37	0.65	0.57	-0.25	0.8	0.63		0.45	-0.43	0.48	-0.29	0.15	0.37	0.38	-0.31	0.47	0.45
Property Plant Equipment	0.18	0.19	0.62	-0.51	0.75	-0.47	0.15	-0.17	0.43	-0.46	0.07	-0.01	0.16	0.48	-0.11	0.45		0.45	-0.55	0.35	-0.29	-0.5	-0.55	0.26	-0.51	-0.48
Good Will	-0.51	0.1	-0.2	-0.7	0.69	-0.62	-0.43	0.08	0.21	-0.82	-0.5	-0.34	0.47	-0.29	-0.75	-0.43	0.45		-0.75	0.66	-0.24	-0.88	-0.8	0.61	-0.77	-0.66
Net Tangible Assets	0.62	-0.04	0.11	0.99	-0.8	0.96	0.4	-0.09	-0.08	0.75	0.53	0.6	-0.32	0.27	0.64	0.48	-0.55	-0.75		-0.58	0.46	0.78	0.88	-0.52	0.93	0.9
Non Current Assets Total	-0.19	-0.08	0.03	-0.58	0.7	-0.62	-0.49	0.39	0.38	-0.42	-0.32	-0.53	0.43	0.04	-0.46	-0.29	0.35	0.66	-0.58		-0.21	-0.42	-0.61	0.88	-0.56	-0.62
Non Currrent Assets Other	0.46	0.03	0.24	0.49	-0.31	0.46	0.33	0.05	0.32	0.37	0.44	0.59	0.1	0.32	0.22	0.15	-0.29	-0.24	0.46	-0.21		0.4	0.5	0.05	0.61	0.3
Non Current Liabilities Total	0.59	-0.27	0.2	0.74	-0.63	0.62	0.18	-0.04	0.06	0.94	0.46	0.38	-0.15	0.35	0.71	0.37	-0.5	-0.88	0.78	-0.42	0.4		0.92	-0.29	0.78	0.59
Other Stockholder Equity	0.6	-0.21	0.14	0.87	-0.73	0.79	0.28	-0.2	0.02	0.87	0.53	0.62	-0.13	0.3	0.66	0.38	-0.55	-0.8	0.88	-0.61	0.5	0.92		-0.4	0.87	0.69
Short Long Term Debt	-0.11	-0.24	0.09	-0.51	0.65	-0.58	-0.51	0.24	0.5	-0.28	-0.24	-0.31	0.58	0.1	-0.42	-0.31	0.26	0.61	-0.52	0.88	0.05	-0.29	-0.4		-0.44	-0.66
Total Current Assets	0.69	0.03	0.25	0.92	-0.71	0.89	0.57	-0.09	-0.05	0.7	0.73	0.68	-0.33	0.39	0.64	0.47	-0.51	-0.77	0.93	-0.56	0.61	0.78	0.87	-0.44		0.77
Non Current Liabilities Other	0.45	-0.18	-0.01	0.89	-0.79	0.9	0.4	-0.03	-0.21	0.6	0.32	0.43	-0.43	0.12	0.55	0.45	-0.48	-0.66	0.9	-0.62	0.3	0.59	0.69	-0.66	0.77

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Longxing Chemical Account Relationship Matchups

Longxing Chemical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	2.5B	2.8B	3.4B	3.8B	3.1B
Other Current Liab	22.3M	42.8M	56.7M	64.9M	2.8M	2.7M
Total Current Liabilities	1.4B	1.2B	1.2B	1.6B	1.7B	1.6B
Total Stockholder Equity	1.2B	1.3B	1.5B	1.6B	1.7B	1.4B
Other Liab	15.8M	10.3M	6.8M	6.6M	5.9M	5.6M
Retained Earnings	344.8M	422.3M	593.9M	648.5M	672.5M	366.6M
Accounts Payable	643.1M	383.6M	476.6M	721.3M	445.8M	471.6M
Cash	395.4M	308.4M	154.7M	272.9M	402.0M	251.9M
Other Assets	37.2M	25.3M	15.0M	127.0M	114.3M	63.7M
Long Term Debt	31.1M	40.7M	119.3M	176.4M	374.6M	393.3M
Net Receivables	711.8M	519.4M	795.6M	944.6M	900.4M	805.3M
Inventory	288.1M	312.4M	510.1M	666.2M	417.0M	407.6M
Other Current Assets	31.4M	25.0M	47.1M	60.2M	43.5M	42.2M
Total Liab	1.4B	1.2B	1.3B	1.8B	2.1B	1.7B
Intangible Assets	98.7M	97.3M	115.5M	114.7M	203.2M	213.4M
Property Plant Equipment	1.1B	985.2M	887.9M	828.7M	745.8M	841.8M
Net Tangible Assets	1.1B	1.2B	1.4B	1.5B	1.7B	1.3B
Non Current Assets Total	1.2B	1.1B	1.0B	1.1B	1.4B	981.2M
Non Currrent Assets Other	25.2M	22.5M	5.4M	113.3M	51.4M	42.3M
Non Current Liabilities Total	53.2M	10.3M	126.1M	183.0M	408.9M	429.4M
Other Stockholder Equity	686.4K	671.7K	9.4M	11.4M	13.1M	13.8M
Short Long Term Debt	500.5M	548.7M	464.9M	705.8M	833.0M	539.4M
Total Current Assets	1.4B	1.4B	1.8B	2.3B	2.4B	1.9B
Net Debt	142.5M	240.3M	429.6M	609.4M	805.6M	481.4M
Net Invested Capital	1.8B	1.9B	2.1B	2.5B	2.9B	2.4B
Net Working Capital	54.6M	217.1M	614.7M	701.5M	730.3M	766.8M

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

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Longxing Capital Expenditures vs Change In Cash Analysis

Capital Expenditures vs Change In Cash

Capital Expenditures vs Change In Cash Correlation Analysis

Correlation Coefficient

Capital Expenditures

Change In Cash

Longxing Chemical fundamental ratios Correlations

Longxing Chemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Longxing Chemical fundamental ratios Accounts

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Net Tangible Assets	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.97	Total Current Liabilities
Net Tangible Assets	+ 0.96	Retained Earnings
Non Current Liabilities Total	+ 0.94	Long Term Debt
Total Current Assets	+ 0.93	Net Tangible Assets

Non Current Liabilities Total	- 0.88	Good Will
Good Will	- 0.82	Long Term Debt
Other Stockholder Equity	- 0.8	Good Will
Net Tangible Assets	- 0.8	Other Liab
Non Current Liabilities Other	- 0.79	Other Liab
Other Liab	- 0.79	Total Stockholder Equity