Lexinfintech Long Term Debt Total vs Total Assets Analysis

LX Stock  USD 3.39  0.09  2.73%   
Lexinfintech Holdings financial indicator trend analysis is infinitely more than just investigating Lexinfintech Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lexinfintech Holdings is a good investment. Please check the relationship between Lexinfintech Holdings Long Term Debt Total and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lexinfintech Holdings. 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.
For more information on how to buy Lexinfintech Stock please use our How to Invest in Lexinfintech Holdings guide.

Long Term Debt Total vs Total Assets

Long Term Debt Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lexinfintech Holdings Long Term Debt Total account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lexinfintech Holdings' Long Term Debt Total and Total Assets is 0.91. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Lexinfintech Holdings, assuming nothing else is changed. The correlation between historical values of Lexinfintech Holdings' Long Term Debt Total 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 Long Term Debt Total of Lexinfintech Holdings 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 Long Term Debt Total i.e., Lexinfintech Holdings' Long Term Debt Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt Total

Total Assets

Total assets refers to the total amount of Lexinfintech Holdings 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 Lexinfintech Holdings 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 Lexinfintech Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lexinfintech Holdings 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 Lexinfintech Holdings. 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.
For more information on how to buy Lexinfintech Stock please use our How to Invest in Lexinfintech Holdings guide.Tax Provision is likely to drop to about 222.4 M in 2024. Selling General Administrative is likely to drop to about 337.9 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense63.1M55.6M50.5M53.1M
Depreciation And Amortization145.3M148.1M145.1M84.2M

Lexinfintech Holdings fundamental ratios Correlations

0.780.870.940.950.460.910.750.70.550.840.610.940.980.730.870.810.940.72-0.880.350.910.820.420.910.92
0.780.550.910.570.290.560.410.390.930.450.690.630.690.360.50.610.610.89-0.87-0.070.620.610.550.560.84
0.870.550.790.870.440.950.930.910.220.960.270.860.850.890.940.660.870.58-0.720.410.90.680.310.80.72
0.940.910.790.810.330.780.680.650.740.70.610.830.890.620.740.650.830.87-0.930.070.780.660.550.750.89
0.950.570.870.810.50.950.790.730.30.910.470.940.970.790.910.780.940.54-0.760.510.910.80.30.940.84
0.460.290.440.330.50.540.220.10.130.460.060.530.350.110.310.480.520.46-0.490.320.420.560.390.340.44
0.910.560.950.780.950.540.890.830.240.980.320.910.910.860.960.730.910.56-0.720.490.920.760.250.870.8
0.750.410.930.680.790.220.890.980.090.940.10.730.770.960.930.440.740.45-0.570.360.820.460.240.710.56
0.70.390.910.650.730.10.830.980.090.890.150.650.740.980.920.440.670.39-0.50.370.810.440.160.710.51
0.550.930.220.740.30.130.240.090.090.110.690.340.460.060.190.410.320.8-0.69-0.280.320.40.480.310.66
0.840.450.960.70.910.460.980.940.890.110.210.850.860.920.970.650.860.46-0.630.530.920.680.230.840.69
0.610.690.270.610.470.060.320.10.150.690.210.470.620.210.360.720.440.38-0.620.350.510.690.080.620.76
0.940.630.860.830.940.530.910.730.650.340.850.470.910.690.840.81.00.61-0.810.380.880.820.420.880.84
0.980.690.850.890.970.350.910.770.740.460.860.620.910.790.910.780.910.6-0.810.440.90.80.270.940.91
0.730.360.890.620.790.110.860.960.980.060.920.210.690.790.960.540.70.3-0.460.490.860.530.050.80.56
0.870.50.940.740.910.310.960.930.920.190.970.360.840.910.960.710.840.43-0.630.550.950.720.140.90.74
0.810.610.660.650.780.480.730.440.440.410.650.720.80.780.540.710.780.38-0.610.590.850.990.120.890.81
0.940.610.870.830.940.520.910.740.670.320.860.441.00.910.70.840.780.6-0.80.370.880.810.430.880.82
0.720.890.580.870.540.460.560.450.390.80.460.380.610.60.30.430.380.6-0.88-0.240.50.410.750.390.7
-0.88-0.87-0.72-0.93-0.76-0.49-0.72-0.57-0.5-0.69-0.63-0.62-0.81-0.81-0.46-0.63-0.61-0.8-0.88-0.15-0.71-0.65-0.63-0.65-0.89
0.35-0.070.410.070.510.320.490.360.37-0.280.530.350.380.440.490.550.590.37-0.24-0.150.580.6-0.330.60.37
0.910.620.90.780.910.420.920.820.810.320.920.510.880.90.860.950.850.880.5-0.710.580.850.290.940.79
0.820.610.680.660.80.560.760.460.440.40.680.690.820.80.530.720.990.810.41-0.650.60.850.140.880.83
0.420.550.310.550.30.390.250.240.160.480.230.080.420.270.050.140.120.430.75-0.63-0.330.290.140.160.26
0.910.560.80.750.940.340.870.710.710.310.840.620.880.940.80.90.890.880.39-0.650.60.940.880.160.81
0.920.840.720.890.840.440.80.560.510.660.690.760.840.910.560.740.810.820.7-0.890.370.790.830.260.81
Click cells to compare fundamentals

Lexinfintech Holdings Account Relationship Matchups

Lexinfintech Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.2B20.3B21.0B22.8B23.1B17.9B
Short Long Term Debt Total8.2B9.3B7.5B9.1B5.5B8.1B
Other Current Liab3.8B4.1B3.8B3.7B6.9B7.2B
Total Current Liabilities9.8B12.0B10.2B12.5B12.3B10.9B
Total Stockholder Equity6.6B5.5B8.0B8.6B9.7B5.5B
Other Liab309.6M21.0M54.3M52.6M60.4M86.1M
Net Tangible Assets6.6B4.5B7.1B7.7B8.9B9.3B
Property Plant And Equipment Net92.6M125.7M195.3M284.6M476.6M500.4M
Current Deferred Revenue84.7M694.6M419.8M894.9M1.6B1.7B
Net Debt6.1B7.7B4.8B7.6B2.9B4.7B
Retained Earnings3.7B2.1B4.2B4.9B6.8B7.2B
Accounts Payable201.8M713.9M441.5M408.5M49.8M47.3M
Cash2.1B1.6B2.7B1.5B2.6B1.6B
Non Current Assets Total2.7B3.9B4.4B5.0B4.6B3.2B
Non Currrent Assets Other545.3M1.5B1.6B2.3B3.0B3.2B
Other Assets1.5B2.1B2.5B3.0B3.4B3.6B
Long Term Debt2.5B2.7B2.6B1.5B980.1M1.3B
Cash And Short Term Investments2.1B1.6B2.7B1.5B2.8B1.7B
Net Receivables8.0B6.1B4.6B7.1B6.7B7.2B
Common Stock Total Equity210K226K231K234K210.6K314.9K
Common Stock Shares Outstanding187.9M205.6M207.5M196.4M179.9M190.7M
Liabilities And Stockholders Equity19.2B20.3B21.0B22.8B23.1B17.9B
Non Current Liabilities Total2.8B2.8B2.8B1.6B1.1B1.5B
Capital Lease Obligations73.6M73.2M191.0M153.7M40.9M65.1M
Inventory106.8M47.2M47.8M53.9M100.8M59.3M
Other Current Assets6.4B8.6B9.3B8.8B8.9B5.2B
Other Stockholder Equity2.5B3.4B3.8B3.8B1.8B2.6B
Total Liab12.6B14.8B13.0B14.1B13.4B12.3B
Long Term Investments511.6M521.8M469.1M348.4M255.0M286.0M
Property Plant And Equipment Gross205.8M125.7M386.6M533.3M754.9M792.6M
Short Long Term Debt5.7B6.5B4.9B7.6B4.5B6.4B
Total Current Assets16.5B16.4B16.7B17.8B18.5B14.6B
Accumulated Other Comprehensive Income345.0M652.5M912.6M1.0B1.1B1.1B
Non Current Liabilities Other27.8M27.7M137.4M102.9M50.7M42.4M
Short Term Debt5.7B6.6B5.0B7.7B4.5B4.9B
Common Stock231K234K237K238K240K273.5K
Property Plant Equipment92.6M125.7M195.3M284.6M327.3M343.6M

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