Littelfuse Good Will vs Total Assets Analysis

LFUS Stock  USD 245.84  1.45  0.59%   
Littelfuse financial indicator trend analysis is infinitely more than just investigating Littelfuse recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Littelfuse is a good investment. Please check the relationship between Littelfuse Good Will and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Littelfuse. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Littelfuse Stock please use our How to Invest in Littelfuse guide.

Good Will vs Total Assets

Good Will vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Littelfuse Good Will account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Littelfuse's Good Will and Total Assets is 0.99. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets in the same time period over historical financial statements of Littelfuse, assuming nothing else is changed. The correlation between historical values of Littelfuse's Good Will and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Littelfuse are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Good Will i.e., Littelfuse's Good Will and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Assets

Total assets refers to the total amount of Littelfuse assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Littelfuse books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Littelfuse's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Littelfuse 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Littelfuse. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Littelfuse Stock please use our How to Invest in Littelfuse guide.At this time, Littelfuse's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas Tax Provision is likely to drop slightly above 51.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit771.9M1.0B900.2M945.3M
Total Revenue2.1B2.5B2.4B2.5B

Littelfuse fundamental ratios Correlations

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0.840.890.820.730.80.850.80.790.540.870.720.540.770.620.880.850.770.770.870.750.75-0.20.920.870.7
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0.880.860.840.770.870.850.540.840.840.840.61.00.890.930.860.780.670.90.870.650.93-0.160.770.850.78
1.00.980.930.870.991.00.870.980.930.840.840.840.940.880.970.970.890.950.980.890.96-0.170.991.00.84
0.820.750.660.640.850.830.720.880.680.60.840.60.720.620.760.790.820.710.760.980.75-0.130.850.830.62
0.870.860.830.770.870.850.540.830.841.00.840.60.890.930.860.770.670.890.870.640.93-0.150.760.850.78
0.960.940.960.90.940.950.770.940.960.890.940.720.890.930.930.910.830.910.960.760.97-0.120.910.940.82
0.910.880.90.830.90.890.620.860.880.930.880.620.930.930.870.840.750.950.90.670.94-0.120.820.890.84
0.970.990.940.810.940.960.880.920.930.860.970.760.860.930.870.910.80.950.990.810.94-0.310.960.980.86
0.970.930.920.940.970.980.850.960.950.780.970.790.770.910.840.910.930.910.950.830.950.010.970.960.8
0.890.820.820.890.90.890.770.920.820.670.890.820.670.830.750.80.930.770.850.840.870.150.890.870.64
0.960.940.920.820.940.950.770.90.920.90.950.710.890.910.950.950.910.770.950.760.95-0.230.910.960.86
0.990.990.960.880.960.980.870.950.960.870.980.760.870.960.90.990.950.850.950.80.97-0.190.970.980.86
0.860.790.690.650.890.870.750.910.720.650.890.980.640.760.670.810.830.840.760.80.79-0.190.880.880.68
0.980.950.940.920.980.980.750.960.950.930.960.750.930.970.940.940.950.870.950.970.79-0.070.930.960.84
-0.14-0.2-0.150.23-0.1-0.13-0.2-0.05-0.17-0.16-0.17-0.13-0.15-0.12-0.12-0.310.010.15-0.23-0.19-0.19-0.07-0.15-0.2-0.33
0.980.970.910.860.970.980.920.960.910.770.990.850.760.910.820.960.970.890.910.970.880.93-0.150.980.81
0.990.980.920.850.990.990.870.970.930.851.00.830.850.940.890.980.960.870.960.980.880.96-0.20.980.85
0.850.840.830.70.830.840.70.80.830.780.840.620.780.820.840.860.80.640.860.860.680.84-0.330.810.85
Click cells to compare fundamentals

Littelfuse Account Relationship Matchups

Littelfuse fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.7B3.2B3.9B4.0B4.2B
Short Long Term Debt Total696.3M700.0M659.2M1.0B933.5M980.2M
Other Current Liab98.2M100.7M149.6M171.6M134.9M141.7M
Total Current Liabilities225.6M275.6M434.6M572.3M375.5M394.3M
Total Stockholder Equity1.5B1.6B1.9B2.2B2.5B2.6B
Property Plant And Equipment Net366.5M361.8M467.5M538.5M555.5M583.3M
Net Debt165.2M12.5M180.7M484.6M378.0M396.9M
Retained Earnings950.9M1.0B1.3B1.6B1.8B1.9B
Accounts Payable117.3M146.0M222.0M208.6M173.5M182.2M
Cash531.1M687.5M478.5M562.6M555.5M583.3M
Non Current Assets Total1.6B1.5B1.9B2.4B2.6B2.7B
Non Currrent Assets Other15.0M18.0M24.7M34.1M79.7M83.7M
Cash And Short Term Investments531.2M687.6M478.5M562.7M555.7M583.5M
Net Receivables207.1M235.8M277.2M306.6M287.0M301.4M
Common Stock Shares Outstanding24.8M24.6M24.9M25.0M25.1M24.9M
Liabilities And Stockholders Equity2.6B2.7B3.2B3.9B4.0B4.2B
Non Current Liabilities Total838.3M863.2M823.6M1.1B1.1B1.2B
Inventory237.5M258.0M445.7M547.7M474.6M498.3M
Other Current Assets28.6M35.9M68.8M94.1M91.2M95.8M
Other Stockholder Equity651.7M665.5M698.5M721.2M753.1M790.7M
Total Liab1.1B1.1B1.3B1.7B1.5B1.6B
Property Plant And Equipment Gross366.5M344.2M467.5M481.1M1.1B1.2B
Total Current Assets1.0B1.2B1.3B1.5B1.4B1.5B
Accumulated Other Comprehensive Income(106.8M)(91.2M)(73.5M)(95.8M)(55.8M)(53.0M)
Intangible Assets321.2M291.9M407.1M594.0M606.1M636.4M
Good Will820.6M816.8M929.8M1.2B1.3B1.4B
Common Stock Total Equity256K259K260K261K300.2K236.7K
Common Stock256K259K260K261K262K248.1K
Other Liab152.0M163.2M189.3M207.8M238.9M250.9M
Other Assets23.0M77.4M37.9M48.4M55.7M58.5M
Long Term Debt669.2M687.0M611.9M866.6M857.9M900.8M
Property Plant Equipment344.6M344.2M467.5M481.1M553.3M580.9M
Current Deferred Revenue8.1M3.0M1.1M2.6M2.2M2.1M
Short Term Investments44K54K28K84K235K223.3K
Treasury Stock(116.5M)(216.4M)(242.4M)(248.1M)(223.3M)(212.1M)
Net Tangible Assets371.2M512.9M556.6M2.3B2.6B2.7B
Retained Earnings Total Equity950.9M1.0B1.3B1.6B1.8B1.9B

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Additional Tools for Littelfuse Stock Analysis

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