Lumax Long Term Debt vs Net Debt Analysis

LUMAXTECH

514.40 5.70 1.10%

Lumax Auto financial indicator trend analysis is infinitely more than just investigating Lumax Auto Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lumax Auto Technologies is a good investment. Please check the relationship between Lumax Auto Long Term Debt and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lumax Auto Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Long Term Debt vs Net Debt

Long Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lumax Auto Technologies Long Term Debt account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Lumax Auto's Long Term Debt and Net Debt is 0.95. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of Lumax Auto Technologies, assuming nothing else is changed. The correlation between historical values of Lumax Auto's Long Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Lumax Auto Technologies are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt i.e., Lumax Auto's Long Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that Lumax Auto Technologies has held for over one year. Long-term debt appears on Lumax Auto Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Lumax Auto Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Lumax Auto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lumax Auto Technologies 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 Lumax Auto Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

The current year's Selling General Administrative is expected to grow to about 3.9 B. The current year's Tax Provision is expected to grow to about 627.5 M

	2021	2022	2023	2024 (projected)
Interest Expense	93.3M	162.7M	683.6M	717.7M
Depreciation And Amortization	390.6M	518.3M	1.2B	1.2B

Interest Expense Depreciation And Amortization

Lumax Auto fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Intangible Assets	Current Deferred Revenue	Retained Earnings	Accounts Payable	Good Will	Short Term Investments
Total Assets		0.97	0.49	0.99	0.95	0.99	0.97	0.65	1.0	0.81	0.97	0.56	0.93	0.98	0.9	-0.14	0.99	1.0	0.71	0.98	0.93	0.71	0.83	0.84	0.9	0.97
Short Long Term Debt Total	0.97		0.53	0.97	0.84	0.95	1.0	0.61	0.97	0.76	0.94	0.45	0.97	0.96	0.95	-0.09	0.99	0.96	0.64	0.94	0.98	0.65	0.75	0.79	0.95	0.94
Other Current Liab	0.49	0.53		0.47	0.39	0.44	0.5	0.71	0.48	0.33	0.61	0.14	0.54	0.45	0.56	0.08	0.51	0.5	0.24	0.43	0.55	0.69	0.53	0.53	0.58	0.58
Total Current Liabilities	0.99	0.97	0.47		0.93	0.97	0.96	0.58	0.98	0.84	0.95	0.56	0.9	0.99	0.92	-0.12	0.99	1.0	0.74	0.98	0.91	0.7	0.8	0.82	0.87	0.96
Total Stockholder Equity	0.95	0.84	0.39	0.93		0.96	0.84	0.63	0.93	0.78	0.93	0.65	0.78	0.93	0.77	-0.23	0.9	0.95	0.73	0.94	0.77	0.71	0.88	0.81	0.73	0.93
Property Plant And Equipment Net	0.99	0.95	0.44	0.97	0.96		0.94	0.67	0.99	0.77	0.97	0.59	0.91	0.96	0.86	-0.19	0.97	0.98	0.71	0.96	0.9	0.68	0.86	0.82	0.87	0.97
Net Debt	0.97	1.0	0.5	0.96	0.84	0.94		0.58	0.97	0.76	0.93	0.44	0.97	0.96	0.95	-0.09	0.99	0.96	0.64	0.93	0.98	0.64	0.74	0.78	0.95	0.93
Cash	0.65	0.61	0.71	0.58	0.63	0.67	0.58		0.66	0.45	0.73	0.43	0.67	0.56	0.48	-0.18	0.63	0.63	0.44	0.6	0.64	0.74	0.77	0.71	0.67	0.67
Non Current Assets Total	1.0	0.97	0.48	0.98	0.93	0.99	0.97	0.66		0.8	0.96	0.55	0.95	0.97	0.89	-0.14	0.99	0.98	0.69	0.97	0.95	0.69	0.83	0.84	0.92	0.96
Non Currrent Assets Other	0.81	0.76	0.33	0.84	0.78	0.77	0.76	0.45	0.8		0.74	0.7	0.7	0.83	0.7	0.07	0.8	0.82	0.81	0.81	0.72	0.59	0.58	0.64	0.68	0.74
Cash And Short Term Investments	0.97	0.94	0.61	0.95	0.93	0.97	0.93	0.73	0.96	0.74		0.48	0.89	0.95	0.9	-0.18	0.95	0.97	0.62	0.92	0.89	0.79	0.88	0.81	0.86	1.0
Common Stock Shares Outstanding	0.56	0.45	0.14	0.56	0.65	0.59	0.44	0.43	0.55	0.7	0.48		0.4	0.56	0.28	0.0	0.51	0.56	0.94	0.55	0.39	0.31	0.51	0.51	0.34	0.47
Non Current Liabilities Total	0.93	0.97	0.54	0.9	0.78	0.91	0.97	0.67	0.95	0.7	0.89	0.4		0.89	0.88	-0.04	0.96	0.9	0.55	0.89	1.0	0.62	0.72	0.79	0.99	0.88
Inventory	0.98	0.96	0.45	0.99	0.93	0.96	0.96	0.56	0.97	0.83	0.95	0.56	0.89		0.93	-0.06	0.98	0.99	0.73	0.96	0.9	0.69	0.8	0.81	0.85	0.96
Other Current Assets	0.9	0.95	0.56	0.92	0.77	0.86	0.95	0.48	0.89	0.7	0.9	0.28	0.88	0.93		-0.02	0.93	0.91	0.53	0.87	0.91	0.68	0.69	0.73	0.87	0.92
Other Stockholder Equity	-0.14	-0.09	0.08	-0.12	-0.23	-0.19	-0.09	-0.18	-0.14	0.07	-0.18	0.0	-0.04	-0.06	-0.02		-0.09	-0.14	0.0	-0.18	-0.01	-0.15	-0.29	-0.09	-0.01	-0.18
Total Liab	0.99	0.99	0.51	0.99	0.9	0.97	0.99	0.63	0.99	0.8	0.95	0.51	0.96	0.98	0.93	-0.09		0.98	0.69	0.97	0.97	0.69	0.79	0.83	0.94	0.95
Total Current Assets	1.0	0.96	0.5	1.0	0.95	0.98	0.96	0.63	0.98	0.82	0.97	0.56	0.9	0.99	0.91	-0.14	0.98		0.72	0.98	0.91	0.73	0.83	0.83	0.87	0.97
Common Stock	0.71	0.64	0.24	0.74	0.73	0.71	0.64	0.44	0.69	0.81	0.62	0.94	0.55	0.73	0.53	0.0	0.69	0.72		0.7	0.57	0.45	0.62	0.66	0.51	0.63
Net Receivables	0.98	0.94	0.43	0.98	0.94	0.96	0.93	0.6	0.97	0.81	0.92	0.55	0.89	0.96	0.87	-0.18	0.97	0.98	0.7		0.9	0.69	0.81	0.85	0.86	0.93
Intangible Assets	0.93	0.98	0.55	0.91	0.77	0.9	0.98	0.64	0.95	0.72	0.89	0.39	1.0	0.9	0.91	-0.01	0.97	0.91	0.57	0.9		0.62	0.7	0.79	0.99	0.88
Current Deferred Revenue	0.71	0.65	0.69	0.7	0.71	0.68	0.64	0.74	0.69	0.59	0.79	0.31	0.62	0.69	0.68	-0.15	0.69	0.73	0.45	0.69	0.62		0.87	0.82	0.61	0.79
Retained Earnings	0.83	0.75	0.53	0.8	0.88	0.86	0.74	0.77	0.83	0.58	0.88	0.51	0.72	0.8	0.69	-0.29	0.79	0.83	0.62	0.81	0.7	0.87		0.91	0.67	0.87
Accounts Payable	0.84	0.79	0.53	0.82	0.81	0.82	0.78	0.71	0.84	0.64	0.81	0.51	0.79	0.81	0.73	-0.09	0.83	0.83	0.66	0.85	0.79	0.82	0.91		0.77	0.8
Good Will	0.9	0.95	0.58	0.87	0.73	0.87	0.95	0.67	0.92	0.68	0.86	0.34	0.99	0.85	0.87	-0.01	0.94	0.87	0.51	0.86	0.99	0.61	0.67	0.77		0.84
Short Term Investments	0.97	0.94	0.58	0.96	0.93	0.97	0.93	0.67	0.96	0.74	1.0	0.47	0.88	0.96	0.92	-0.18	0.95	0.97	0.63	0.93	0.88	0.79	0.87	0.8	0.84

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Lumax Auto Account Relationship Matchups

Lumax Auto fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.6B	9.9B	11.4B	21.8B	26.0B	27.3B
Short Long Term Debt Total	1.2B	984.0M	1.7B	6.6B	8.1B	8.5B
Other Current Liab	185.0M	791.9M	916.6M	1.4B	1.2B	664.6M
Total Current Liabilities	3.2B	3.7B	4.7B	7.6B	11.1B	11.7B
Total Stockholder Equity	4.5B	5.3B	5.4B	6.6B	7.9B	8.3B
Property Plant And Equipment Net	3.6B	3.7B	4.1B	6.9B	7.4B	7.7B
Net Debt	866.6M	817.4M	1.2B	5.9B	7.6B	8.0B
Cash	369.6M	166.6M	484.1M	746.3M	510.3M	276.0M
Non Current Assets Total	4.5B	5.0B	5.1B	12.0B	12.8B	13.5B
Non Currrent Assets Other	370.3M	373.0M	389.2M	526.4M	904.4M	949.7M
Cash And Short Term Investments	1.1B	1.4B	2.1B	3.0B	3.2B	3.4B
Liabilities And Stockholders Equity	8.6B	9.9B	11.4B	21.8B	26.0B	27.3B
Non Current Liabilities Total	572.9M	445.7M	644.4M	5.8B	4.8B	5.0B
Inventory	644.3M	835.9M	1.1B	1.6B	2.5B	2.6B
Other Current Assets	1K	305.4M	443.1M	833.3M	1.5B	1.5B
Other Stockholder Equity	(3.5B)	(3.7B)	452.9M	452.9M	407.6M	486.9M
Total Liab	3.7B	4.2B	5.3B	13.4B	15.9B	16.6B
Total Current Assets	4.1B	4.9B	6.3B	9.9B	13.2B	13.8B
Accumulated Other Comprehensive Income	(2.0B)	863.2M	502.0M	996.4M	1.1B	1.1B
Net Receivables	2.3B	2.3B	2.7B	4.9B	6.0B	6.3B
Intangible Assets	19.5M	33.3M	50.9M	2.2B	2.0B	2.1B
Current Deferred Revenue	543.0M	654.8M	1.0B	973.1M	1.3B	645.5M
Retained Earnings	3.4B	3.9B	4.3B	5.2B	6.2B	3.5B
Accounts Payable	1.6B	2.0B	2.3B	3.8B	4.9B	2.4B
Short Term Investments	777.4M	1.2B	1.6B	2.2B	2.7B	2.9B
Short Term Debt	855.1M	741.9M	1.2B	1.7B	3.8B	4.0B
Other Liab	191.8M	203.6M	210.9M	906.5M	1.0B	1.1B
Net Tangible Assets	4.4B	5.3B	5.4B	3.2B	3.7B	4.3B
Other Assets	1K	400.3M	477.4M	175.3M	201.6M	262.3M
Long Term Debt	159.8M	55.2M	102.3M	3.9B	3.2B	3.4B
Short Long Term Debt	781.7M	468.4M	1.1B	1.6B	3.6B	3.8B
Property Plant Equipment	3.6B	3.7B	4.0B	6.9B	7.9B	8.3B
Long Term Debt Total	381.2M	242.1M	433.4M	4.9B	5.6B	5.9B
Cash And Equivalents	719.0M	856.9M	1.3B	1.0B	1.2B	743.4M
Net Invested Capital	5.4B	5.8B	6.7B	12.1B	14.7B	8.6B
Net Working Capital	907.9M	1.1B	1.6B	2.3B	2.1B	1.6B

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Other Information on Investing in Lumax Stock

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

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Lumax Long Term Debt vs Net Debt Analysis

Long Term Debt vs Net Debt

Long Term Debt vs Net Debt Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Debt

Lumax Auto fundamental ratios Correlations

Lumax Auto Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lumax Auto fundamental ratios Accounts

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Other Information on Investing in Lumax Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 1.0	Total Current Liabilities
Short Term Investments	+ 1.0	Cash And Short Term Investments
Intangible Assets	+ 1.0	Non Current Liabilities Total

Retained Earnings	- 0.29	Other Stockholder Equity
Other Stockholder Equity	- 0.23	Total Stockholder Equity
Other Stockholder Equity	- 0.19	Property Plant And Equipment Net
Short Term Investments	- 0.18	Other Stockholder Equity
Net Receivables	- 0.18	Other Stockholder Equity
Other Stockholder Equity	- 0.18	Cash And Short Term Investments