Littelfuse Other Operating Expenses vs Operating Income Analysis

LFUS Stock  USD 251.39  7.57  3.10%   
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 Other Operating Expenses and its Operating Income 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.

Other Operating Expenses vs Operating Income

Other Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Littelfuse Other Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Littelfuse's Other Operating Expenses and Operating Income is 0.93. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Littelfuse, assuming nothing else is changed. The correlation between historical values of Littelfuse's Other Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Littelfuse are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., Littelfuse's Other Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Littelfuse. It is also known as Littelfuse overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Littelfuse operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Littelfuse is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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

0.980.940.890.991.00.840.980.950.881.00.830.870.960.910.970.970.890.960.990.860.98-0.140.980.990.85
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1.00.970.930.890.990.850.980.950.851.00.830.850.950.890.960.980.890.950.980.870.98-0.130.980.990.84
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
0.980.930.890.880.990.980.80.910.840.980.890.830.940.860.920.960.920.90.950.910.96-0.050.960.970.8
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0.880.860.840.770.870.850.540.840.840.840.611.00.890.930.860.780.670.90.870.650.93-0.160.770.850.78
1.00.980.930.870.991.00.870.980.930.840.850.840.940.880.970.970.890.950.980.890.96-0.170.991.00.84
0.830.760.670.650.860.830.720.890.690.610.850.610.730.630.770.80.830.710.770.970.76-0.120.860.840.63
0.870.860.830.770.870.850.540.830.841.00.840.610.890.930.860.770.670.890.870.640.93-0.150.760.850.78
0.960.940.960.90.940.950.770.940.960.890.940.730.890.930.930.910.830.910.960.760.97-0.120.910.940.82
0.910.880.90.830.90.890.620.860.880.930.880.630.930.930.870.840.750.950.90.670.94-0.120.820.890.84
0.970.990.940.810.940.960.880.920.930.860.970.770.860.930.870.910.80.950.990.810.94-0.310.960.980.86
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0.890.820.820.890.90.890.770.920.820.670.890.830.670.830.750.80.930.770.850.840.870.150.890.870.64
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
0.990.990.960.880.960.980.870.950.960.870.980.770.870.960.90.990.950.850.950.80.97-0.190.970.980.86
0.860.790.690.650.890.870.750.910.720.650.890.970.640.760.670.810.830.840.760.80.79-0.190.880.880.68
0.980.950.940.920.980.980.750.960.950.930.960.760.930.970.940.940.950.870.950.970.79-0.070.930.960.84
-0.14-0.2-0.150.23-0.1-0.13-0.2-0.05-0.17-0.16-0.17-0.12-0.15-0.12-0.12-0.310.010.15-0.23-0.19-0.19-0.07-0.15-0.2-0.33
0.980.970.910.860.970.980.920.960.910.770.990.860.760.910.820.960.970.890.910.970.880.93-0.150.980.81
0.990.980.920.850.990.990.870.970.930.851.00.840.850.940.890.980.960.870.960.980.880.96-0.20.980.85
0.850.840.830.70.830.840.70.80.830.780.840.630.780.820.840.860.80.640.860.860.680.84-0.330.810.85
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 Other15.0M18.0M24.7M34.1M76.0M79.8M
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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