Luenmei Depreciation vs Begin Period Cash Flow Analysis

600167 Stock   6.12  0.05  0.82%   
Luenmei Quantum financial indicator trend analysis is infinitely more than just investigating Luenmei Quantum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luenmei Quantum is a good investment. Please check the relationship between Luenmei Quantum Depreciation and its Begin Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Luenmei Quantum 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.

Depreciation vs Begin Period Cash Flow

Depreciation vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luenmei Quantum Depreciation account and Begin Period Cash Flow. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Luenmei Quantum's Depreciation and Begin Period Cash Flow is 0.82. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Luenmei Quantum Co, assuming nothing else is changed. The correlation between historical values of Luenmei Quantum's Depreciation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Luenmei Quantum Co are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Depreciation i.e., Luenmei Quantum's Depreciation and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation

Depreciation indicates how much of Luenmei Quantum value has been used up. For tax purposes Luenmei Quantum can deduct the cost of the tangible assets it purchases as business expenses. However, Luenmei Quantum Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Luenmei Quantum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luenmei Quantum 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 Luenmei Quantum 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 Selling General Administrative is expected to grow to about 173.4 M. The current year's Tax Provision is expected to grow to about 230.2 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue1.9B2.1B2.2B2.3B
Total Revenue3.5B3.5B3.4B3.6B

Luenmei Quantum fundamental ratios Correlations

0.470.940.990.20.560.980.320.680.910.620.940.930.950.97-0.690.50.980.930.860.860.840.850.95-0.560.93
0.470.590.430.390.550.430.480.220.380.60.560.350.480.48-0.06-0.030.460.490.270.40.640.30.470.030.48
0.940.590.920.10.430.910.30.510.890.610.890.870.920.92-0.50.50.940.850.870.850.780.870.86-0.580.91
0.990.430.920.120.490.990.30.620.920.640.890.890.960.93-0.720.550.980.960.880.880.860.860.97-0.540.94
0.20.390.10.120.780.090.520.65-0.050.110.470.230.060.340.03-0.420.080.06-0.2-0.130.06-0.190.050.07-0.1
0.560.550.430.490.780.450.530.850.380.410.730.550.430.65-0.350.00.470.530.20.360.540.250.50.060.37
0.980.430.910.990.090.450.290.560.880.60.860.890.940.91-0.670.490.960.950.860.860.840.850.97-0.570.94
0.320.480.30.30.520.530.290.340.220.30.370.190.260.320.04-0.140.270.330.170.230.320.150.330.080.17
0.680.220.510.620.650.850.560.340.540.330.80.730.540.77-0.60.190.590.560.390.430.450.420.56-0.220.44
0.910.380.890.92-0.050.380.880.220.540.740.80.80.970.85-0.730.660.960.880.940.890.860.880.89-0.460.91
0.620.60.610.640.110.410.60.30.330.740.560.380.740.53-0.50.450.710.690.580.650.840.580.680.130.61
0.940.560.890.890.470.730.860.370.80.80.560.920.850.98-0.550.330.890.810.70.720.740.710.81-0.50.8
0.930.350.870.890.230.550.890.190.730.80.380.920.830.96-0.620.40.880.80.770.730.650.770.82-0.650.85
0.950.480.920.960.060.430.940.260.540.970.740.850.830.9-0.720.570.980.920.910.870.890.840.92-0.520.93
0.970.480.920.930.340.650.910.320.770.850.530.980.960.9-0.640.450.930.860.790.770.750.780.86-0.570.86
-0.69-0.06-0.5-0.720.03-0.35-0.670.04-0.6-0.73-0.5-0.55-0.62-0.72-0.64-0.53-0.71-0.72-0.58-0.63-0.66-0.6-0.720.31-0.67
0.5-0.030.50.55-0.420.00.49-0.140.190.660.450.330.40.570.45-0.530.610.560.710.660.50.690.53-0.230.61
0.980.460.940.980.080.470.960.270.590.960.710.890.880.980.93-0.710.610.940.910.910.870.90.95-0.510.95
0.930.490.850.960.060.530.950.330.560.880.690.810.80.920.86-0.720.560.940.830.920.930.860.99-0.350.95
0.860.270.870.88-0.20.20.860.170.390.940.580.70.770.910.79-0.580.710.910.830.870.750.890.84-0.570.89
0.860.40.850.88-0.130.360.860.230.430.890.650.720.730.870.77-0.630.660.910.920.870.860.970.92-0.340.93
0.840.640.780.860.060.540.840.320.450.860.840.740.650.890.75-0.660.50.870.930.750.860.750.91-0.170.88
0.850.30.870.86-0.190.250.850.150.420.880.580.710.770.840.78-0.60.690.90.860.890.970.750.88-0.430.91
0.950.470.860.970.050.50.970.330.560.890.680.810.820.920.86-0.720.530.950.990.840.920.910.88-0.380.95
-0.560.03-0.58-0.540.070.06-0.570.08-0.22-0.460.13-0.5-0.65-0.52-0.570.31-0.23-0.51-0.35-0.57-0.34-0.17-0.43-0.38-0.5
0.930.480.910.94-0.10.370.940.170.440.910.610.80.850.930.86-0.670.610.950.950.890.930.880.910.95-0.5
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Luenmei Quantum Account Relationship Matchups

Luenmei Quantum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.1B13.9B13.5B16.7B17.6B18.5B
Other Current Liab1.7B1.4B1.4B1.6B1.8B940.8M
Total Current Liabilities2.5B3.3B3.3B3.8B4.0B4.2B
Total Stockholder Equity7.6B8.8B8.7B10.6B11.0B11.6B
Other Liab1.7B1.4B1.1B862.3M991.6M1.4B
Accounts Payable473.6M405.8M381.1M360.9M467.2M242.4M
Cash5.1B6.0B5.5B7.9B8.0B8.4B
Other Assets279.7M288.4M181.6M182.2M209.5M159.1M
Net Receivables894.3M883.9M735.9M834.1M867.2M910.6M
Inventory259.2M306.2M293.0M296.4M291.4M306.0M
Other Current Assets435.9M450.4M455.9M409.7M127.5M128.6M
Total Liab4.3B4.8B4.5B5.2B5.8B6.0B
Intangible Assets311.2M304.2M299.6M602.6M649.3M681.8M
Property Plant Equipment3.3B3.4B3.8B4.3B5.0B5.2B
Long Term Debt90.1M84.8M70.7M63.4M57.6M66.8M
Short Term Investments30M34.3M110.5M56.0M50.3M47.9M
Retained Earnings4.4B5.6B5.8B6.4B6.3B6.6B
Net Tangible Assets7.2B8.4B8.4B9.9B11.4B7.0B
Other Stockholder Equity135.9M145.2M155.9M156.1M179.6M188.5M
Deferred Long Term Liab8.4M17.8M16.0M16.3M18.7M11.9M
Total Current Assets6.7B8.1B7.2B9.6B9.8B7.2B
Non Current Assets Total5.4B5.8B6.3B7.1B7.8B6.4B
Non Currrent Assets Other151.7M149.5M32.5M31.6M38.8M58.3M
Non Current Liabilities Total1.8B1.5B1.3B1.4B1.7B1.4B
Net Invested Capital7.9B10.3B10.1B12.3B12.6B10.5B
Net Working Capital4.2B4.8B4.0B5.8B5.8B5.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Luenmei Stock

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