Laxmi Capital Lease Obligations vs Cash Analysis

LXCHEM Stock   263.00  2.15  0.82%   
Laxmi Organic financial indicator trend analysis is infinitely more than just investigating Laxmi Organic Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Laxmi Organic Industries is a good investment. Please check the relationship between Laxmi Organic Capital Lease Obligations and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laxmi Organic Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Capital Lease Obligations vs Cash

Capital Lease Obligations vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laxmi Organic Industries Capital Lease Obligations account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Laxmi Organic's Capital Lease Obligations and Cash is -0.79. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Cash in the same time period over historical financial statements of Laxmi Organic Industries, assuming nothing else is changed. The correlation between historical values of Laxmi Organic's Capital Lease Obligations and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Laxmi Organic Industries are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Capital Lease Obligations i.e., Laxmi Organic's Capital Lease Obligations and Cash go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Capital Lease Obligations

Laxmi Organic Industries capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Laxmi Organic asset purchases. For example, Laxmi Organic can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Laxmi Organic control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Cash

Cash refers to the most liquid asset of Laxmi Organic Industries, which is listed under current asset account on Laxmi Organic Industries balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Laxmi Organic customers. The amounts must be unrestricted with restricted cash listed in a different Laxmi Organic account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Laxmi Organic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Laxmi Organic Industries 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 Laxmi Organic Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The current year's Selling General Administrative is expected to grow to about 1.6 B, whereas Tax Provision is forecasted to decline to about 416 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization481.8M724.1M1.1B625.3M
Interest Income112.9M81.6M142.6M149.7M

Laxmi Organic fundamental ratios Correlations

0.030.230.971.00.910.990.950.4-0.480.990.930.860.96-0.38-0.350.240.740.90.160.60.3-0.930.910.820.92
0.03-0.27-0.030.020.010.020.130.310.70.06-0.290.110.140.23-0.160.440.12-0.110.040.110.440.13-0.04-0.050.02
0.23-0.270.230.210.110.20.25-0.69-0.340.250.390.240.24-0.81-0.330.390.140.3-0.120.080.36-0.350.210.090.13
0.97-0.030.230.960.840.970.870.46-0.50.950.950.790.87-0.44-0.210.070.770.930.080.660.13-0.980.950.870.9
1.00.020.210.960.920.990.950.41-0.480.990.930.850.96-0.36-0.350.230.730.880.170.590.3-0.910.90.810.92
0.910.010.110.840.920.910.930.41-0.380.930.810.730.93-0.1-0.470.250.480.830.410.330.34-0.740.870.610.79
0.990.020.20.970.990.910.920.48-0.390.970.920.760.92-0.37-0.230.150.760.880.070.630.21-0.910.910.850.86
0.950.130.250.870.950.930.920.28-0.410.980.840.881.0-0.25-0.580.490.550.840.330.380.56-0.80.830.620.85
0.40.31-0.690.460.410.410.480.280.180.360.250.140.290.340.34-0.410.460.34-0.050.47-0.35-0.340.470.550.37
-0.480.7-0.34-0.5-0.48-0.38-0.39-0.410.18-0.46-0.69-0.6-0.40.380.30.07-0.25-0.55-0.31-0.170.040.6-0.45-0.39-0.62
0.990.060.250.950.990.930.970.980.36-0.460.920.870.98-0.32-0.450.330.650.920.240.490.4-0.90.910.730.89
0.93-0.290.390.950.930.810.920.840.25-0.690.920.780.84-0.51-0.280.090.670.930.10.540.14-0.970.90.790.86
0.860.110.240.790.850.730.760.880.14-0.60.870.780.89-0.32-0.620.470.570.760.390.420.53-0.790.70.590.93
0.960.140.240.870.960.930.921.00.29-0.40.980.840.89-0.25-0.560.480.580.840.310.40.54-0.810.830.630.86
-0.380.23-0.81-0.44-0.36-0.1-0.37-0.250.340.38-0.32-0.51-0.32-0.25-0.09-0.05-0.62-0.310.45-0.62-0.020.55-0.28-0.54-0.37
-0.35-0.16-0.33-0.21-0.35-0.47-0.23-0.580.340.3-0.45-0.28-0.62-0.56-0.09-0.810.24-0.41-0.780.41-0.850.2-0.310.22-0.35
0.240.440.390.070.230.250.150.49-0.410.070.330.090.470.48-0.05-0.81-0.110.150.33-0.260.99-0.050.04-0.230.16
0.740.120.140.770.730.480.760.550.46-0.250.650.670.570.58-0.620.24-0.110.5-0.390.98-0.09-0.760.570.960.75
0.9-0.110.30.930.880.830.880.840.34-0.550.920.930.760.84-0.31-0.410.150.50.290.370.21-0.930.970.650.81
0.160.04-0.120.080.170.410.070.33-0.05-0.310.240.10.390.310.45-0.780.33-0.390.29-0.490.4-0.030.27-0.270.27
0.60.110.080.660.590.330.630.380.47-0.170.490.540.420.4-0.620.41-0.260.980.37-0.49-0.25-0.660.460.930.63
0.30.440.360.130.30.340.210.56-0.350.040.40.140.530.54-0.02-0.850.99-0.090.210.4-0.25-0.090.11-0.190.23
-0.930.13-0.35-0.98-0.91-0.74-0.91-0.8-0.340.6-0.9-0.97-0.79-0.810.550.2-0.05-0.76-0.93-0.03-0.66-0.09-0.91-0.86-0.89
0.91-0.040.210.950.90.870.910.830.47-0.450.910.90.70.83-0.28-0.310.040.570.970.270.460.11-0.910.720.81
0.82-0.050.090.870.810.610.850.620.55-0.390.730.790.590.63-0.540.22-0.230.960.65-0.270.93-0.19-0.860.720.81
0.920.020.130.90.920.790.860.850.37-0.620.890.860.930.86-0.37-0.350.160.750.810.270.630.23-0.890.810.81
Click cells to compare fundamentals

Laxmi Organic Account Relationship Matchups

Laxmi Organic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.7B18.4B22.7B24.1B28.3B19.4B
Short Long Term Debt Total1.7B2.4B1.4B4.1B1.4B2.4B
Other Current Liab1.2B573.8M618.9M684.6M804.6M650.7M
Total Current Liabilities5.3B7.7B9.3B8.3B8.9B7.6B
Total Stockholder Equity4.3B10.3B13.0B14.1B18.0B10.7B
Other Liab192.7M148.5M191.9M277.1M318.6M218.7M
Net Tangible Assets4.5B4.3B10.3B13.0B14.9B7.9B
Property Plant And Equipment Net4.0B4.7B7.7B11.6B13.3B7.5B
Current Deferred Revenue(710.7M)698.6M865.9M612.3M15.8M15.0M
Net Debt1.5B2.0B1.1B3.2B316.5M300.6M
Retained Earnings3.7B4.9B7.3B8.4B9.3B6.2B
Accounts Payable4.1B4.7B7.1B4.7B7.6B5.3B
Cash241.1M305.5M330.3M810.1M1.1B1.2B
Non Current Assets Total4.2B5.3B7.9B12.0B13.5B7.9B
Non Currrent Assets Other79.4M700K193.5M206.8M151.7M142.6M
Other Assets163.2M532.0M253.2M1.00.90.86
Long Term Debt901.5M98.7M21.7M1.3B972.2M718.9M
Cash And Short Term Investments241.1M5.1B1.6B2.2B2.3B1.9B
Net Receivables4.7B4.3B6.7B5.7B5.8B5.5B
Common Stock Shares Outstanding244.7M227.8M267.4M266.9M272.2M283.9M
Short Term Investments(83.8M)4.8B1.2B1.4B1.2B1.4B
Liabilities And Stockholders Equity10.7B18.4B22.7B24.1B28.3B19.4B
Non Current Liabilities Total1.1B348.2M342.4M1.7B1.4B1.1B
Capital Lease Obligations107.5M83.6M58.1M87.5M70.4M77.4M
Inventory1.5B2.0B3.7B2.9B2.8B2.6B
Other Current Assets18.9M6.3B3.9B2.4B3.8B2.6B
Other Stockholder Equity105.9M4.8B4.8B5.0B7.8B8.2B
Total Liab6.4B8.0B9.7B10.0B10.3B8.7B
Net Invested Capital5.9B12.6B14.3B18.1B19.3B13.0B
Short Long Term Debt686.9M2.2B1.3B2.7B385.2M366.0M
Total Current Assets6.5B13.1B14.7B12.2B14.8B11.5B
Accumulated Other Comprehensive Income105.9M151.9M377.5M336.2M337.1M324.3M
Net Working Capital1.2B5.4B5.4B3.9B5.9B3.8B
Short Term Debt710.8M2.2B1.3B2.7B391.5M371.9M
Intangible Assets76.0M77.3M13.9M4.5M13.2M12.5M
Common Stock500.5M450.2M527.3M530.4M551.6M500.9M
Property Plant Equipment3.8B4.0B4.7B7.6B8.8B5.1B

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Other Information on Investing in Laxmi Stock

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