Asymchem Cash vs Common Stock Analysis

002821 Stock

77.33 2.86 3.84%

Asymchem Laboratories financial indicator trend analysis is way more than just evaluating Asymchem Laboratories prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asymchem Laboratories is a good investment. Please check the relationship between Asymchem Laboratories Cash and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asymchem Laboratories Tian. 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.

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asymchem Laboratories Cash account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Asymchem Laboratories' Cash and Common Stock is 0.87. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Asymchem Laboratories Tian, assuming nothing else is changed. The correlation between historical values of Asymchem Laboratories' Cash and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Asymchem Laboratories Tian are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Asymchem Laboratories' Cash and Common Stock go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

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Cash

Cash refers to the most liquid asset of Asymchem Laboratories, which is listed under current asset account on Asymchem Laboratories Tian balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Asymchem Laboratories customers. The amounts must be unrestricted with restricted cash listed in a different Asymchem Laboratories account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock

Most indicators from Asymchem Laboratories' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asymchem Laboratories 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 Asymchem Laboratories Tian. 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 161.9 M, whereas Selling General Administrative is forecasted to decline to about 212.7 M.

	2022	2023	2024	2025 (projected)
Operating Income	3.2B	2.3B	702.3M	839.0M
Total Revenue	10.3B	7.8B	5.8B	3.3B

Operating Income Total Revenue

Asymchem Laboratories 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	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt	Short Term Debt
Total Assets		0.4	0.89	1.0	0.82	0.97	0.85	0.98	0.96	-0.24	0.9	0.87	0.91	0.98	0.98	0.93	0.99	0.88	1.0	0.98	0.94	0.95	0.88	0.92	-0.35	-0.58
Other Current Liab	0.4		0.68	0.38	0.54	0.23	0.68	0.41	0.48	0.12	0.65	0.73	0.47	0.51	0.47	0.32	0.34	0.45	0.37	0.32	0.53	0.38	0.18	0.11	0.04	0.2
Total Current Liabilities	0.89	0.68		0.88	0.91	0.78	0.97	0.91	0.91	-0.04	0.98	0.98	0.83	0.93	0.91	0.78	0.84	0.83	0.86	0.82	0.97	0.91	0.83	0.67	-0.16	-0.19
Total Stockholder Equity	1.0	0.38	0.88		0.81	0.98	0.85	0.98	0.95	-0.25	0.89	0.86	0.91	0.98	0.98	0.93	0.99	0.88	1.0	0.99	0.94	0.95	0.89	0.92	-0.37	-0.58
Other Liab	0.82	0.54	0.91	0.81		0.74	0.96	0.82	0.89	-0.04	0.92	0.93	0.77	0.86	0.87	0.8	0.8	0.75	0.79	0.73	0.88	0.88	0.79	0.68	-0.31	-0.2
Retained Earnings	0.97	0.23	0.78	0.98	0.74		0.76	0.93	0.89	-0.29	0.82	0.76	0.85	0.92	0.95	0.94	0.99	0.88	0.98	0.98	0.87	0.92	0.86	0.96	-0.5	-0.67
Accounts Payable	0.85	0.68	0.97	0.85	0.96	0.76		0.86	0.92	-0.02	0.96	0.98	0.81	0.9	0.9	0.81	0.82	0.8	0.83	0.77	0.92	0.88	0.78	0.66	-0.29	-0.18
Cash	0.98	0.41	0.91	0.98	0.82	0.93	0.86		0.95	-0.2	0.9	0.87	0.89	0.98	0.96	0.87	0.95	0.83	0.97	0.95	0.96	0.93	0.91	0.87	-0.22	-0.5
Other Assets	0.96	0.48	0.91	0.95	0.89	0.89	0.92	0.95		-0.22	0.89	0.91	0.94	0.98	0.96	0.91	0.94	0.75	0.95	0.9	0.91	0.9	0.83	0.87	-0.28	-0.53
Long Term Debt	-0.24	0.12	-0.04	-0.25	-0.04	-0.29	-0.02	-0.2	-0.22		-0.06	-0.06	-0.28	-0.21	-0.2	-0.3	-0.28	-0.11	-0.27	-0.29	-0.1	-0.15	-0.12	-0.36	0.13	0.47
Net Receivables	0.9	0.65	0.98	0.89	0.92	0.82	0.96	0.9	0.89	-0.06		0.97	0.79	0.92	0.93	0.83	0.86	0.91	0.87	0.84	0.97	0.94	0.83	0.69	-0.32	-0.2
Inventory	0.87	0.73	0.98	0.86	0.93	0.76	0.98	0.87	0.91	-0.06	0.97		0.85	0.92	0.9	0.79	0.83	0.81	0.85	0.8	0.94	0.9	0.76	0.67	-0.21	-0.21
Other Current Assets	0.91	0.47	0.83	0.91	0.77	0.85	0.81	0.89	0.94	-0.28	0.79	0.85		0.95	0.9	0.84	0.91	0.68	0.93	0.9	0.83	0.83	0.7	0.89	-0.16	-0.66
Total Liab	0.98	0.51	0.93	0.98	0.86	0.92	0.9	0.98	0.98	-0.21	0.92	0.92	0.95		0.98	0.9	0.96	0.83	0.98	0.95	0.95	0.92	0.84	0.88	-0.27	-0.53
Intangible Assets	0.98	0.47	0.91	0.98	0.87	0.95	0.9	0.96	0.96	-0.2	0.93	0.9	0.9	0.98		0.92	0.98	0.88	0.98	0.95	0.95	0.94	0.87	0.88	-0.39	-0.51
Common Stock	0.93	0.32	0.78	0.93	0.8	0.94	0.81	0.87	0.91	-0.3	0.83	0.79	0.84	0.9	0.92		0.95	0.81	0.93	0.9	0.83	0.88	0.79	0.9	-0.61	-0.62
Property Plant Equipment	0.99	0.34	0.84	0.99	0.8	0.99	0.82	0.95	0.94	-0.28	0.86	0.83	0.91	0.96	0.98	0.95		0.87	1.0	0.99	0.9	0.94	0.85	0.95	-0.44	-0.65
Short Term Investments	0.88	0.45	0.83	0.88	0.75	0.88	0.8	0.83	0.75	-0.11	0.91	0.81	0.68	0.83	0.88	0.81	0.87		0.86	0.88	0.91	0.93	0.81	0.73	-0.5	-0.29
Net Tangible Assets	1.0	0.37	0.86	1.0	0.79	0.98	0.83	0.97	0.95	-0.27	0.87	0.85	0.93	0.98	0.98	0.93	1.0	0.86		0.99	0.92	0.94	0.85	0.95	-0.36	-0.64
Other Stockholder Equity	0.98	0.32	0.82	0.99	0.73	0.98	0.77	0.95	0.9	-0.29	0.84	0.8	0.9	0.95	0.95	0.9	0.99	0.88	0.99		0.9	0.93	0.84	0.94	-0.37	-0.66
Total Current Assets	0.94	0.53	0.97	0.94	0.88	0.87	0.92	0.96	0.91	-0.1	0.97	0.94	0.83	0.95	0.95	0.83	0.9	0.91	0.92	0.9		0.97	0.91	0.77	-0.25	-0.3
Non Current Assets Total	0.95	0.38	0.91	0.95	0.88	0.92	0.88	0.93	0.9	-0.15	0.94	0.9	0.83	0.92	0.94	0.88	0.94	0.93	0.94	0.93	0.97		0.93	0.85	-0.38	-0.4
Non Currrent Assets Other	0.88	0.18	0.83	0.89	0.79	0.86	0.78	0.91	0.83	-0.12	0.83	0.76	0.7	0.84	0.87	0.79	0.85	0.81	0.85	0.84	0.91	0.93		0.77	-0.29	-0.33
Non Current Liabilities Total	0.92	0.11	0.67	0.92	0.68	0.96	0.66	0.87	0.87	-0.36	0.69	0.67	0.89	0.88	0.88	0.9	0.95	0.73	0.95	0.94	0.77	0.85	0.77		-0.4	-0.82
Short Long Term Debt	-0.35	0.04	-0.16	-0.37	-0.31	-0.5	-0.29	-0.22	-0.28	0.13	-0.32	-0.21	-0.16	-0.27	-0.39	-0.61	-0.44	-0.5	-0.36	-0.37	-0.25	-0.38	-0.29	-0.4		0.32
Short Term Debt	-0.58	0.2	-0.19	-0.58	-0.2	-0.67	-0.18	-0.5	-0.53	0.47	-0.2	-0.21	-0.66	-0.53	-0.51	-0.62	-0.65	-0.29	-0.64	-0.66	-0.3	-0.4	-0.33	-0.82	0.32

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Asymchem Laboratories Account Relationship Matchups

Asymchem Laboratories fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	7.2B	15.2B	18.2B	19.8B	19.3B	20.3B
Other Current Liab	423.7M	1.1B	1.6B	191.9K	112.3K	106.7K
Total Current Liabilities	928.6M	2.2B	2.2B	1.8B	1.7B	911.8M
Total Stockholder Equity	6.0B	12.6B	15.6B	17.5B	16.8B	17.7B
Other Liab	209.2M	238.4M	295.6M	257.3M	295.9M	158.3M
Retained Earnings	2.3B	3.3B	6.2B	7.8B	8.1B	8.5B
Accounts Payable	378.6M	551.9M	568.9M	453.6M	450.8M	286.8M
Cash	2.1B	6.2B	5.3B	7.1B	5.8B	6.1B
Other Assets	144.8M	287.6M	541.6M	415.0M	477.2M	501.1M
Net Receivables	986.1M	1.8B	2.5B	2.0B	1.8B	942.9M
Inventory	726.4M	1.4B	1.5B	945.3M	1.2B	611.5M
Other Current Assets	189.6M	457.5M	376.4M	182.1M	472.1M	495.7M
Total Liab	1.2B	2.5B	2.5B	2.3B	2.4B	2.5B
Intangible Assets	285.7M	374.1M	473.2M	465.6M	430.2M	451.7M
Common Stock	231.3M	242.5M	263.0M	369.9M	425.4M	446.7M
Property Plant Equipment	1.6B	2.5B	3.7B	5.4B	6.2B	6.5B
Net Tangible Assets	2.9B	5.9B	12.4B	15.4B	17.8B	18.6B
Other Stockholder Equity	7.7M	3.4B	9.1B	15.3B	17.6B	18.4B
Total Current Assets	4.0B	10.3B	11.9B	12.4B	11.1B	6.3B
Non Current Assets Total	3.1B	4.8B	6.4B	7.4B	8.2B	4.3B
Non Currrent Assets Other	169.5M	354.7M	237.1M	688.5M	482.4M	266.8M
Non Current Liabilities Total	238.4M	341.5M	367.2M	456.4M	716.6M	752.5M
Common Stock Shares Outstanding	242.5M	263.1M	370.0M	369.7M	367.7M	317.0M
Net Invested Capital	6.0B	13.0B	15.6B	17.5B	16.8B	10.5B
Net Working Capital	3.1B	8.1B	9.7B	10.6B	9.3B	6.1B
Capital Stock	242.5M	263.0M	369.9M	369.5M	367.7M	326.0M
Property Plant And Equipment Net	2.2B	3.3B	4.8B	5.4B	6.1B	4.3B
Property Plant And Equipment Gross	2.9B	4.2B	4.8B	6.8B	6.1B	5.0B

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Other Information on Investing in Asymchem Stock

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

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Asymchem Cash vs Common Stock Analysis

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

Correlation Coefficient

Cash

Common Stock

Asymchem Laboratories fundamental ratios Correlations

Asymchem Laboratories Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Asymchem Laboratories fundamental ratios Accounts

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Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Net Tangible Assets	+ 1.0	Property Plant Equipment
Property Plant Equipment	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Total Stockholder Equity

Short Term Debt	- 0.82	Non Current Liabilities Total
Short Term Debt	- 0.67	Retained Earnings
Short Term Debt	- 0.66	Other Stockholder Equity
Short Term Debt	- 0.66	Other Current Assets
Short Term Debt	- 0.65	Property Plant Equipment
Short Term Debt	- 0.64	Net Tangible Assets