Life Total Liab vs Other Current Assets Analysis

LICI Stock   907.20  2.15  0.24%   
Life Insurance financial indicator trend analysis is infinitely more than just investigating Life Insurance recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Life Insurance is a good investment. Please check the relationship between Life Insurance Total Liab and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Life Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Liab vs Other Current Assets

Total Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Life Insurance Total Liab account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Life Insurance's Total Liab and Other Current Assets is -0.54. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Life Insurance, assuming nothing else is changed. The correlation between historical values of Life Insurance's Total Liab and Other Current 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 Total Liab of Life Insurance are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Liab i.e., Life Insurance's Total Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Life Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Life Insurance 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 Life Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 540.7 M in 2024. Tax Provision is likely to drop to about 596.8 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense867.0M774.3M1.3B1.2B
Depreciation And Amortization4.4B4.7B4.7B4.4B

Life Insurance fundamental ratios Correlations

-0.870.360.910.91-0.85-0.84-0.880.890.97-0.60.190.8-0.35-0.940.53-0.650.460.94-0.82-0.540.881.0-0.810.65-0.86
-0.87-0.5-0.82-0.741.00.80.99-0.69-0.820.760.13-0.880.030.87-0.270.52-0.61-0.820.60.31-0.91-0.880.98-0.580.96
0.36-0.50.680.09-0.54-0.12-0.60.040.510.09-0.580.40.56-0.53-0.50.190.960.630.010.510.460.36-0.340.08-0.47
0.91-0.820.680.73-0.81-0.67-0.870.70.96-0.36-0.010.73-0.12-0.950.26-0.440.690.99-0.61-0.250.880.91-0.70.51-0.81
0.91-0.740.090.73-0.69-0.9-0.741.00.84-0.610.460.69-0.6-0.880.74-0.880.210.78-0.97-0.750.790.91-0.720.64-0.76
-0.851.0-0.54-0.81-0.690.750.98-0.63-0.80.750.19-0.87-0.030.85-0.20.45-0.65-0.810.530.24-0.89-0.860.97-0.540.95
-0.840.8-0.12-0.67-0.90.750.8-0.88-0.760.67-0.23-0.870.420.81-0.670.86-0.2-0.690.880.69-0.84-0.840.8-0.850.72
-0.880.99-0.6-0.87-0.740.980.8-0.69-0.860.660.18-0.9-0.020.9-0.210.49-0.7-0.870.610.24-0.91-0.890.93-0.60.94
0.89-0.690.040.71.0-0.63-0.88-0.690.82-0.580.510.65-0.64-0.850.77-0.890.160.75-0.98-0.770.750.89-0.670.63-0.72
0.97-0.820.510.960.84-0.8-0.76-0.860.82-0.410.090.78-0.24-0.940.4-0.540.570.99-0.76-0.390.840.97-0.710.63-0.79
-0.60.760.09-0.36-0.610.750.670.66-0.58-0.41-0.2-0.580.330.53-0.510.6-0.05-0.360.470.58-0.67-0.610.88-0.360.78
0.190.13-0.58-0.010.460.19-0.230.180.510.09-0.2-0.24-0.97-0.180.84-0.65-0.590.02-0.5-0.810.120.190.05-0.05-0.05
0.8-0.880.40.730.69-0.87-0.87-0.90.650.78-0.58-0.240.04-0.750.28-0.510.490.74-0.64-0.320.80.81-0.840.87-0.72
-0.350.030.56-0.12-0.6-0.030.42-0.02-0.64-0.240.33-0.970.040.3-0.940.770.56-0.150.630.92-0.27-0.350.1-0.170.16
-0.940.87-0.53-0.95-0.880.850.810.9-0.85-0.940.53-0.18-0.750.3-0.450.67-0.58-0.950.780.45-0.94-0.950.8-0.540.89
0.53-0.27-0.50.260.74-0.2-0.67-0.210.770.4-0.510.840.28-0.94-0.45-0.88-0.470.29-0.77-1.00.470.53-0.340.47-0.32
-0.650.520.19-0.44-0.880.450.860.49-0.89-0.540.6-0.65-0.510.770.67-0.880.14-0.460.890.89-0.67-0.650.57-0.580.55
0.46-0.610.960.690.21-0.65-0.2-0.70.160.57-0.05-0.590.490.56-0.58-0.470.140.67-0.10.470.470.46-0.470.13-0.59
0.94-0.820.630.990.78-0.81-0.69-0.870.750.99-0.360.020.74-0.15-0.950.29-0.460.67-0.68-0.280.850.94-0.690.54-0.81
-0.820.60.01-0.61-0.970.530.880.61-0.98-0.760.47-0.5-0.640.630.78-0.770.89-0.1-0.680.76-0.66-0.820.57-0.690.59
-0.540.310.51-0.25-0.750.240.690.24-0.77-0.390.58-0.81-0.320.920.45-1.00.890.47-0.280.76-0.49-0.540.39-0.480.35
0.88-0.910.460.880.79-0.89-0.84-0.910.750.84-0.670.120.8-0.27-0.940.47-0.670.470.85-0.66-0.490.89-0.880.58-0.9
1.0-0.880.360.910.91-0.86-0.84-0.890.890.97-0.610.190.81-0.35-0.950.53-0.650.460.94-0.82-0.540.89-0.820.65-0.87
-0.810.98-0.34-0.7-0.720.970.80.93-0.67-0.710.880.05-0.840.10.8-0.340.57-0.47-0.690.570.39-0.88-0.82-0.540.95
0.65-0.580.080.510.64-0.54-0.85-0.60.630.63-0.36-0.050.87-0.17-0.540.47-0.580.130.54-0.69-0.480.580.65-0.54-0.37
-0.860.96-0.47-0.81-0.760.950.720.94-0.72-0.790.78-0.05-0.720.160.89-0.320.55-0.59-0.810.590.35-0.9-0.870.95-0.37
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Life Insurance Account Relationship Matchups

Life Insurance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.0T38.3T42.5T45.8T53.2T45.7T
Other Current Liab(4.6B)(21.1B)539.7B417.1B(30.0B)(28.5B)
Total Current Liabilities4.7B3.9B565.7B446.8B553.2B289.3B
Total Stockholder Equity10.0B68.8B113.4B462.3B827.5B868.8B
Property Plant And Equipment Net110.7B34.5B35.7B38.4B40.6B49.5B
Net Debt56.6B(292.2B)(447.2B)(455.0B)(361.7B)(379.7B)
Retained Earnings632.6M1.1B42.2B392.6B757.0B794.9B
Accounts Payable4.7B3.9B8.2B9.4B11.4B7.6B
Cash523.4B292.3B447.2B455.0B361.7B340.1B
Non Current Assets Total145.7B34.7B35.7B38.4B52.7T55.4T
Non Currrent Assets Other(145.7B)(34.7B)(35.7B)(38.4B)3.3T3.5T
Other Assets34.2T37.9T42.1T45.3T(49.4T)(46.9T)
Cash And Short Term Investments641.4B597.7B447.2B455.0B418.2B423.2B
Net Receivables(2.3T)(2.4T)(2.8T)(3.0T)(418.8B)(439.8B)
Short Term Investments118.0B305.4B1.0T1.3T170.0B161.5B
Liabilities And Stockholders Equity35.0T38.3T42.5T45.8T53.2T45.7T
Non Current Liabilities Total2.5T36.7M42.4T44.9T52.3T26.2T
Inventory684.0M733.8M725.3M634M575.5M542.6M
Other Current Assets2.3T2.2T2.8T3.0T418.2B397.3B
Other Stockholder Equity(6.3B)21.0M8.4B21.0M7.2B7.6B
Total Liab35.0T38.2T42.4T45.3T52.3T45.4T
Total Current Assets631.5B360.8B447.2B455.0B418.2B390.4B
Accumulated Other Comprehensive Income8.4B66.7B50.1B399.1B6.7B6.4B
Intangible Assets1.7B274.0M212.0M154.0M111.2M105.6M

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When running Life Insurance's price analysis, check to measure Life Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Life Insurance is operating at the current time. Most of Life Insurance's value examination focuses on studying past and present price action to predict the probability of Life Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Life Insurance's price. Additionally, you may evaluate how the addition of Life Insurance to your portfolios can decrease your overall portfolio volatility.