Lumax Property Plant And Equipment Net vs Total Stockholder Equity Analysis

LUMAXTECH   501.90  0.50  0.1%   
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 Property Plant And Equipment Net and its Total Stockholder Equity 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.

Property Plant And Equipment Net vs Total Stockholder Equity

Property Plant And Equipment Net vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lumax Auto Technologies Property Plant And Equipment Net account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lumax Auto's Property Plant And Equipment Net and Total Stockholder Equity is 0.96. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Stockholder Equity 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 Property Plant And Equipment Net and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Lumax Auto Technologies are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Lumax Auto's Property Plant And Equipment Net and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Expense93.3M162.7M683.6M717.7M
Depreciation And Amortization390.6M518.3M1.2B1.2B

Lumax Auto fundamental ratios Correlations

0.970.490.990.950.990.970.921.00.810.970.560.930.980.9-0.140.991.00.710.980.930.710.830.840.90.96
0.970.530.970.840.951.00.910.970.760.940.450.970.960.95-0.090.990.960.640.940.980.650.750.790.950.93
0.490.530.470.390.440.510.660.480.330.610.140.540.450.560.080.510.50.240.430.550.690.530.530.580.59
0.990.970.470.930.970.960.910.980.840.950.560.90.990.92-0.120.991.00.740.980.910.70.80.820.870.95
0.950.840.390.930.960.840.850.930.780.930.650.780.930.77-0.230.90.950.730.940.770.710.880.810.730.93
0.990.950.440.970.960.940.90.990.770.970.590.910.960.86-0.190.970.980.710.960.90.680.860.820.870.96
0.971.00.510.960.840.940.90.970.760.930.440.970.960.95-0.090.990.960.640.930.980.640.740.790.950.92
0.920.910.660.910.850.90.90.910.760.940.520.890.890.83-0.140.920.920.650.890.890.730.780.760.870.91
1.00.970.480.980.930.990.970.910.80.960.550.950.970.89-0.140.990.980.690.970.950.690.830.840.920.95
0.810.760.330.840.780.770.760.760.80.740.70.70.830.70.070.80.820.810.810.720.590.580.640.680.72
0.970.940.610.950.930.970.930.940.960.740.480.890.950.9-0.180.950.970.620.920.890.790.880.810.861.0
0.560.450.140.560.650.590.440.520.550.70.480.40.560.280.00.510.560.940.550.390.310.510.510.340.46
0.930.970.540.90.780.910.970.890.950.70.890.40.890.88-0.040.960.90.550.891.00.620.720.790.990.87
0.980.960.450.990.930.960.960.890.970.830.950.560.890.93-0.060.980.990.730.960.90.690.80.810.850.94
0.90.950.560.920.770.860.950.830.890.70.90.280.880.93-0.020.930.910.530.870.910.680.690.730.870.9
-0.14-0.090.08-0.12-0.23-0.19-0.09-0.14-0.140.07-0.180.0-0.04-0.06-0.02-0.09-0.140.0-0.18-0.01-0.15-0.29-0.09-0.01-0.19
0.990.990.510.990.90.970.990.920.990.80.950.510.960.980.93-0.090.980.690.970.970.690.790.830.940.94
1.00.960.51.00.950.980.960.920.980.820.970.560.90.990.91-0.140.980.720.980.910.730.830.830.870.96
0.710.640.240.740.730.710.640.650.690.810.620.940.550.730.530.00.690.720.70.570.450.620.660.510.61
0.980.940.430.980.940.960.930.890.970.810.920.550.890.960.87-0.180.970.980.70.90.680.810.850.860.92
0.930.980.550.910.770.90.980.890.950.720.890.391.00.90.91-0.010.970.910.570.90.620.70.790.990.87
0.710.650.690.70.710.680.640.730.690.590.790.310.620.690.68-0.150.690.730.450.680.620.870.820.610.8
0.830.750.530.80.880.860.740.780.830.580.880.510.720.80.69-0.290.790.830.620.810.70.870.910.670.88
0.840.790.530.820.810.820.790.760.840.640.810.510.790.810.73-0.090.830.830.660.850.790.820.910.770.81
0.90.950.580.870.730.870.950.870.920.680.860.340.990.850.87-0.010.940.870.510.860.990.610.670.770.84
0.960.930.590.950.930.960.920.910.950.721.00.460.870.940.9-0.190.940.960.610.920.870.80.880.810.84
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Lumax Auto Account Relationship Matchups

Lumax Auto fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B9.9B11.4B21.8B26.0B27.3B
Short Long Term Debt Total1.2B984.0M1.7B6.6B8.1B8.5B
Other Current Liab185.0M791.9M916.6M1.4B1.2B664.6M
Total Current Liabilities3.2B3.7B4.7B7.6B11.1B11.7B
Total Stockholder Equity4.5B5.3B5.4B6.6B7.9B8.3B
Property Plant And Equipment Net3.6B3.7B4.1B6.9B7.4B7.7B
Net Debt866.6M817.4M1.2B5.9B7.3B7.7B
Cash369.6M166.6M484.1M746.3M751.0M788.5M
Non Current Assets Total4.5B5.0B5.1B12.0B12.8B13.5B
Non Currrent Assets Other370.3M373.0M389.2M526.4M904.4M949.7M
Cash And Short Term Investments1.1B1.4B2.1B3.0B3.2B3.4B
Liabilities And Stockholders Equity8.6B9.9B11.4B21.8B26.0B27.3B
Non Current Liabilities Total572.9M445.7M644.4M5.8B4.8B5.0B
Inventory644.3M835.9M1.1B1.6B2.5B2.6B
Other Current Assets1K305.4M443.1M833.3M1.5B1.5B
Other Stockholder Equity(3.5B)(3.7B)452.9M452.9M407.6M486.9M
Total Liab3.7B4.2B5.3B13.4B15.9B16.6B
Total Current Assets4.1B4.9B6.3B9.9B13.2B13.8B
Accumulated Other Comprehensive Income(2.0B)863.2M502.0M996.4M1.1B1.1B
Net Receivables2.3B2.3B2.7B4.9B6.1B6.4B
Intangible Assets19.5M33.3M50.9M2.2B2.0B2.1B
Current Deferred Revenue543.0M654.8M1.0B973.1M1.3B645.5M
Retained Earnings3.4B3.9B4.3B5.2B6.2B3.5B
Accounts Payable1.6B2.0B2.3B3.8B4.9B2.4B
Short Term Investments777.4M1.2B1.6B2.2B2.5B2.6B
Short Term Debt855.1M741.9M1.2B1.7B3.8B4.0B
Other Liab191.8M203.6M210.9M906.5M1.0B1.1B
Net Tangible Assets4.4B5.3B5.4B3.2B3.7B4.3B
Other Assets1K400.3M477.4M175.3M201.6M262.3M
Long Term Debt159.8M55.2M102.3M3.9B3.2B3.4B
Short Long Term Debt781.7M468.4M1.1B1.6B3.6B3.8B
Property Plant Equipment3.6B3.7B4.0B6.9B7.9B8.3B
Long Term Debt Total381.2M242.1M433.4M4.9B5.6B5.9B
Cash And Equivalents719.0M856.9M1.3B1.0B1.2B743.4M
Net Invested Capital5.4B5.8B6.7B12.1B14.7B8.6B
Net Working Capital907.9M1.1B1.6B2.3B2.1B1.6B

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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.