Leyard Non Current Assets Total vs Total Revenue Analysis

300296 Stock   5.35  0.03  0.56%   
Leyard Optoelectronic financial indicator trend analysis is infinitely more than just investigating Leyard Optoelectronic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leyard Optoelectronic is a good investment. Please check the relationship between Leyard Optoelectronic Non Current Assets Total and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Leyard Optoelectronic. 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.

Non Current Assets Total vs Total Revenue

Non Current Assets Total vs Total Revenue Correlation Analysis

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

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Revenue

Total revenue comprises all receipts Leyard Optoelectronic generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Leyard Optoelectronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leyard Optoelectronic 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 Leyard Optoelectronic. 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 171 M. The current year's Tax Provision is expected to grow to about 79.4 M
 2021 2022 2023 2024 (projected)
Gross Profit2.7B2.5B2.2B1.5B
Total Revenue8.9B8.2B7.6B4.4B

Leyard Optoelectronic fundamental ratios Correlations

0.910.860.990.990.820.78-0.10.930.950.970.980.750.970.860.970.120.980.350.860.991.00.770.910.360.91
0.910.860.90.890.70.680.270.820.750.850.970.470.860.680.890.160.920.50.860.920.870.880.80.570.95
0.860.860.840.870.620.43-0.010.850.730.870.890.440.870.610.830.060.920.270.740.830.830.830.780.640.83
0.990.90.840.970.80.83-0.080.910.950.950.970.740.950.840.960.070.970.430.821.00.980.780.890.390.9
0.990.890.870.970.830.73-0.150.930.940.980.960.740.980.860.970.150.970.260.860.970.990.760.920.350.88
0.820.70.620.80.830.68-0.030.910.790.760.770.750.770.980.790.550.750.180.680.80.840.740.94-0.030.68
0.780.680.430.830.730.680.020.650.790.670.750.740.670.740.780.040.690.650.650.830.790.530.670.080.71
-0.10.27-0.01-0.08-0.15-0.030.02-0.12-0.32-0.260.09-0.38-0.25-0.2-0.070.26-0.060.550.13-0.04-0.170.34-0.130.30.16
0.930.820.850.910.930.910.65-0.120.880.920.890.670.920.920.890.360.920.240.740.90.930.860.980.30.81
0.950.750.730.950.940.790.79-0.320.880.930.880.860.930.870.910.00.910.220.760.940.960.60.870.220.81
0.970.850.870.950.980.760.67-0.260.920.930.920.681.00.830.930.080.960.210.790.940.970.730.910.390.87
0.980.970.890.970.960.770.750.090.890.880.920.640.920.770.960.10.980.440.90.980.950.830.860.50.96
0.750.470.440.740.740.750.74-0.380.670.860.680.640.680.820.710.010.650.080.590.740.780.290.69-0.180.55
0.970.860.870.950.980.770.67-0.250.920.931.00.920.680.830.940.110.950.20.80.940.970.740.910.380.87
0.860.680.610.840.860.980.74-0.20.920.870.830.770.820.830.830.450.770.150.690.830.880.670.95-0.060.69
0.970.890.830.960.970.790.78-0.070.890.910.930.960.710.940.830.150.950.390.930.960.970.750.870.360.9
0.120.160.060.070.150.550.040.260.360.00.080.10.010.110.450.150.05-0.070.160.070.130.420.41-0.310.0
0.980.920.920.970.970.750.69-0.060.920.910.960.980.650.950.770.950.050.350.840.970.960.820.870.530.92
0.350.50.270.430.260.180.650.550.240.220.210.440.080.20.150.39-0.070.350.350.430.30.50.210.40.45
0.860.860.740.820.860.680.650.130.740.760.790.90.590.80.690.930.160.840.350.860.830.670.720.40.89
0.990.920.831.00.970.80.83-0.040.90.940.940.980.740.940.830.960.070.970.430.860.980.780.890.390.93
1.00.870.830.980.990.840.79-0.170.930.960.970.950.780.970.880.970.130.960.30.830.980.740.920.30.87
0.770.880.830.780.760.740.530.340.860.60.730.830.290.740.670.750.420.820.50.670.780.740.830.550.79
0.910.80.780.890.920.940.67-0.130.980.870.910.860.690.910.950.870.410.870.210.720.890.920.830.180.79
0.360.570.640.390.35-0.030.080.30.30.220.390.5-0.180.38-0.060.36-0.310.530.40.40.390.30.550.180.57
0.910.950.830.90.880.680.710.160.810.810.870.960.550.870.690.90.00.920.450.890.930.870.790.790.57
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Leyard Optoelectronic Account Relationship Matchups

Leyard Optoelectronic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.4B13.6B15.8B14.9B15.1B8.3B
Short Long Term Debt Total2.5B1.8B1.8B1.7B2.7B1.4B
Other Current Liab914.7M405.4M346.0M714.2M601.7M392.0M
Total Current Liabilities5.9B5.0B6.7B5.6B5.4B3.2B
Total Stockholder Equity8.4B7.2B7.8B8.0B8.3B4.3B
Property Plant And Equipment Net1.0B1.1B1.6B1.7B1.8B1.9B
Current Deferred Revenue540.9M1.2B1.6B1.0B885.5M551.1M
Net Debt(310.7M)(761.3M)(544.9M)(383.0M)440.7M462.7M
Retained Earnings3.9B2.7B3.2B3.3B3.5B3.7B
Accounts Payable2.7B2.7B4.0B3.0B2.1B1.5B
Cash2.9B2.6B2.4B2.1B2.2B1.3B
Non Current Assets Total4.6B3.5B4.2B4.1B4.2B2.5B
Non Currrent Assets Other171.1M260.4M461.5M496.9M203.5M142.0M
Cash And Short Term Investments2.9B2.6B2.4B2.1B2.4B1.3B
Net Receivables3.5B4.8B5.5B5.3B5.3B5.5B
Common Stock Shares Outstanding2.6B2.5B2.6B2.5B2.5B1.8B
Short Term Investments1.4M18.2M412.6K5.2M182.8M191.9M
Liabilities And Stockholders Equity15.4B13.6B15.8B14.9B15.1B8.3B
Inventory4.3B2.6B3.6B3.3B3.1B2.0B
Other Current Assets108.8M160.9M170.9M117.7M118.5M147.7M
Other Stockholder Equity1.7B1.7B1.7B1.7B1.7B1.2B
Total Liab7.0B6.4B8.0B6.7B6.4B4.0B
Total Current Assets10.7B10.1B11.7B10.8B10.9B5.8B
Short Term Debt1.7B711.2M787.9M914.9M1.8B1.8B
Other Assets269.8M270.0M370.9M1.01.151.09
Intangible Assets609.5M526.6M505.7M455.7M402.0M348.0M
Property Plant Equipment1.0B1.1B1.6B1.7B1.9B2.0B
Other Liab253.8M238.2M274.5M293.9M338.0M217.7M
Good Will2.3B1.0B932.6M725.4M762.6M1.4B
Non Current Liabilities Total1.1B1.4B1.3B1.1B1.1B1.1B
Long Term Debt836.1M1.1B931.1M711.3M824.5M938.8M
Net Tangible Assets5.4B5.7B6.3B6.9B7.9B4.7B
Deferred Long Term Liab49.3M33.1M65.2M88.2M101.4M106.4M
Short Long Term Debt1.7B693.6M638.0M638.5M432.8M841.8M
Non Current Liabilities Other40.5M58.6M86.1M103.5M81.7M68.3M
Net Invested Capital10.9B9.1B9.3B9.4B9.5B7.7B
Net Working Capital4.9B5.1B4.9B5.2B5.5B5.0B

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Other Information on Investing in Leyard Stock

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