Laxmi Capital Lease Obligations vs Other Current Assets Analysis

LXCHEM Stock

257.50 2.30 0.90%

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 Other Current Assets 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 Other Current Assets

Capital Lease Obligations vs Other Current Assets 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 Other Current Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Laxmi Organic's Capital Lease Obligations and Other Current Assets is -0.86. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Other Current Assets 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 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 Capital Lease Obligations of Laxmi Organic Industries 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 Capital Lease Obligations i.e., Laxmi Organic's Capital Lease Obligations and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.86

Relationship Direction	Negative
Relationship Strength	Significant

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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.

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 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 Amortization	481.8M	724.1M	1.1B	625.3M
Interest Income	112.9M	81.6M	142.6M	149.7M

Depreciation And Amortization Interest Income

Laxmi Organic fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.03	0.18	0.97	1.0	0.91	0.99	0.95	0.4	-0.57	0.99	0.93	0.71	0.96	-0.38	-0.35	0.24	0.74	0.9	0.16	0.6	0.3	-0.93	0.91	0.82	0.92
Short Long Term Debt Total	0.03		-0.24	-0.03	0.02	0.01	0.02	0.13	0.31	0.5	0.06	-0.29	-0.11	0.14	0.23	-0.16	0.44	0.12	-0.11	0.04	0.11	0.44	0.13	-0.04	-0.05	0.02
Other Current Liab	0.18	-0.24		0.19	0.15	0.05	0.15	0.19	-0.69	-0.2	0.2	0.34	0.12	0.18	-0.8	-0.29	0.37	0.11	0.26	-0.15	0.07	0.33	-0.31	0.17	0.06	0.08
Total Current Liabilities	0.97	-0.03	0.19		0.96	0.84	0.97	0.87	0.46	-0.53	0.95	0.95	0.63	0.87	-0.44	-0.21	0.07	0.77	0.93	0.08	0.66	0.13	-0.98	0.95	0.87	0.9
Total Stockholder Equity	1.0	0.02	0.15	0.96		0.92	0.99	0.95	0.41	-0.57	0.99	0.93	0.72	0.96	-0.36	-0.35	0.23	0.73	0.88	0.17	0.59	0.3	-0.91	0.9	0.81	0.92
Other Liab	0.91	0.01	0.05	0.84	0.92		0.91	0.93	0.41	-0.49	0.93	0.81	0.62	0.93	-0.1	-0.47	0.25	0.48	0.83	0.41	0.33	0.34	-0.74	0.87	0.61	0.79
Net Tangible Assets	0.99	0.02	0.15	0.97	0.99	0.91		0.92	0.48	-0.46	0.97	0.92	0.59	0.92	-0.37	-0.23	0.15	0.76	0.88	0.07	0.63	0.21	-0.91	0.91	0.85	0.86
Property Plant And Equipment Net	0.95	0.13	0.19	0.87	0.95	0.93	0.92		0.28	-0.54	0.98	0.84	0.74	1.0	-0.25	-0.58	0.49	0.55	0.84	0.33	0.38	0.56	-0.8	0.83	0.62	0.85
Current Deferred Revenue	0.4	0.31	-0.69	0.46	0.41	0.41	0.48	0.28		0.14	0.36	0.25	0.0	0.29	0.34	0.34	-0.41	0.46	0.34	-0.05	0.47	-0.35	-0.34	0.47	0.55	0.37
Net Debt	-0.57	0.5	-0.2	-0.53	-0.57	-0.49	-0.46	-0.54	0.14		-0.56	-0.69	-0.91	-0.54	0.31	0.46	-0.12	-0.3	-0.56	-0.42	-0.19	-0.16	0.6	-0.46	-0.4	-0.73
Retained Earnings	0.99	0.06	0.2	0.95	0.99	0.93	0.97	0.98	0.36	-0.56		0.92	0.71	0.98	-0.32	-0.45	0.33	0.65	0.92	0.24	0.49	0.4	-0.9	0.91	0.73	0.89
Accounts Payable	0.93	-0.29	0.34	0.95	0.93	0.81	0.92	0.84	0.25	-0.69	0.92		0.69	0.84	-0.51	-0.28	0.09	0.67	0.93	0.1	0.54	0.14	-0.97	0.9	0.79	0.86
Cash	0.71	-0.11	0.12	0.63	0.72	0.62	0.59	0.74	0.0	-0.91	0.71	0.69		0.74	-0.25	-0.61	0.38	0.42	0.61	0.49	0.28	0.44	-0.65	0.53	0.47	0.87
Non Current Assets Total	0.96	0.14	0.18	0.87	0.96	0.93	0.92	1.0	0.29	-0.54	0.98	0.84	0.74		-0.25	-0.56	0.48	0.58	0.84	0.31	0.4	0.54	-0.81	0.83	0.63	0.86
Non Currrent Assets Other	-0.38	0.23	-0.8	-0.44	-0.36	-0.1	-0.37	-0.25	0.34	0.31	-0.32	-0.51	-0.25	-0.25		-0.09	-0.05	-0.62	-0.31	0.45	-0.62	-0.02	0.55	-0.28	-0.54	-0.37
Other Assets	-0.35	-0.16	-0.29	-0.21	-0.35	-0.47	-0.23	-0.58	0.34	0.46	-0.45	-0.28	-0.61	-0.56	-0.09		-0.81	0.24	-0.41	-0.78	0.41	-0.85	0.2	-0.31	0.22	-0.35
Long Term Debt	0.24	0.44	0.37	0.07	0.23	0.25	0.15	0.49	-0.41	-0.12	0.33	0.09	0.38	0.48	-0.05	-0.81		-0.11	0.15	0.33	-0.26	0.99	-0.05	0.04	-0.23	0.16
Cash And Short Term Investments	0.74	0.12	0.11	0.77	0.73	0.48	0.76	0.55	0.46	-0.3	0.65	0.67	0.42	0.58	-0.62	0.24	-0.11		0.5	-0.39	0.98	-0.09	-0.76	0.57	0.96	0.75
Net Receivables	0.9	-0.11	0.26	0.93	0.88	0.83	0.88	0.84	0.34	-0.56	0.92	0.93	0.61	0.84	-0.31	-0.41	0.15	0.5		0.29	0.37	0.21	-0.93	0.97	0.65	0.81
Common Stock Shares Outstanding	0.16	0.04	-0.15	0.08	0.17	0.41	0.07	0.33	-0.05	-0.42	0.24	0.1	0.49	0.31	0.45	-0.78	0.33	-0.39	0.29		-0.49	0.4	-0.03	0.27	-0.27	0.27
Short Term Investments	0.6	0.11	0.07	0.66	0.59	0.33	0.63	0.38	0.47	-0.19	0.49	0.54	0.28	0.4	-0.62	0.41	-0.26	0.98	0.37	-0.49		-0.25	-0.66	0.46	0.93	0.63
Non Current Liabilities Total	0.3	0.44	0.33	0.13	0.3	0.34	0.21	0.56	-0.35	-0.16	0.4	0.14	0.44	0.54	-0.02	-0.85	0.99	-0.09	0.21	0.4	-0.25		-0.09	0.11	-0.19	0.23
Capital Lease Obligations	-0.93	0.13	-0.31	-0.98	-0.91	-0.74	-0.91	-0.8	-0.34	0.6	-0.9	-0.97	-0.65	-0.81	0.55	0.2	-0.05	-0.76	-0.93	-0.03	-0.66	-0.09		-0.91	-0.86	-0.89
Inventory	0.91	-0.04	0.17	0.95	0.9	0.87	0.91	0.83	0.47	-0.46	0.91	0.9	0.53	0.83	-0.28	-0.31	0.04	0.57	0.97	0.27	0.46	0.11	-0.91		0.72	0.81
Other Current Assets	0.82	-0.05	0.06	0.87	0.81	0.61	0.85	0.62	0.55	-0.4	0.73	0.79	0.47	0.63	-0.54	0.22	-0.23	0.96	0.65	-0.27	0.93	-0.19	-0.86	0.72		0.81
Other Stockholder Equity	0.92	0.02	0.08	0.9	0.92	0.79	0.86	0.85	0.37	-0.73	0.89	0.86	0.87	0.86	-0.37	-0.35	0.16	0.75	0.81	0.27	0.63	0.23	-0.89	0.81	0.81

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Laxmi Organic Account Relationship Matchups

Laxmi Organic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.7B	18.4B	22.7B	24.1B	28.3B	19.4B
Short Long Term Debt Total	1.7B	2.4B	1.4B	4.1B	1.4B	2.4B
Other Current Liab	1.2B	573.8M	618.9M	684.6M	695.4M	638.3M
Total Current Liabilities	5.3B	7.7B	9.3B	8.3B	8.9B	7.6B
Total Stockholder Equity	4.3B	10.3B	13.0B	14.1B	18.0B	10.7B
Other Liab	192.7M	148.5M	191.9M	277.1M	318.6M	218.7M
Net Tangible Assets	4.5B	4.3B	10.3B	13.0B	14.9B	7.9B
Property Plant And Equipment Net	4.0B	4.7B	7.7B	11.6B	13.2B	7.5B
Current Deferred Revenue	(710.7M)	698.6M	865.9M	612.3M	15.8M	15.0M
Net Debt	1.5B	2.0B	1.1B	3.2B	(1.7B)	(1.7B)
Retained Earnings	3.7B	4.9B	7.3B	8.4B	9.3B	6.2B
Accounts Payable	4.1B	4.7B	7.1B	4.7B	7.6B	5.3B
Cash	241.1M	305.5M	330.3M	810.1M	3.2B	3.3B
Non Current Assets Total	4.2B	5.3B	7.9B	12.0B	13.5B	7.9B
Non Currrent Assets Other	79.4M	700K	193.5M	206.8M	151.7M	142.6M
Other Assets	163.2M	532.0M	253.2M	1.0	0.9	0.86
Long Term Debt	901.5M	98.7M	21.7M	1.3B	972.2M	718.9M
Cash And Short Term Investments	241.1M	5.1B	1.6B	2.2B	2.3B	1.9B
Net Receivables	4.7B	4.3B	6.7B	5.7B	5.8B	5.5B
Common Stock Shares Outstanding	244.7M	227.8M	267.4M	266.9M	272.2M	283.9M
Short Term Investments	(83.8M)	4.8B	1.2B	1.4B	1.2B	1.4B
Liabilities And Stockholders Equity	10.7B	18.4B	22.7B	24.1B	28.3B	19.4B
Non Current Liabilities Total	1.1B	348.2M	342.4M	1.7B	1.4B	1.1B
Capital Lease Obligations	107.5M	83.6M	58.1M	87.5M	70.4M	77.4M
Inventory	1.5B	2.0B	3.7B	2.9B	2.8B	2.6B
Other Current Assets	18.9M	6.3B	3.9B	2.4B	3.8B	2.6B
Other Stockholder Equity	105.9M	4.8B	4.8B	5.0B	7.8B	8.2B
Total Liab	6.4B	8.0B	9.7B	10.0B	10.3B	8.7B
Net Invested Capital	5.9B	12.6B	14.3B	18.1B	19.3B	13.0B
Short Long Term Debt	686.9M	2.2B	1.3B	2.7B	385.2M	366.0M
Total Current Assets	6.5B	13.1B	14.7B	12.2B	14.8B	11.5B
Accumulated Other Comprehensive Income	105.9M	151.9M	377.5M	336.2M	337.1M	324.3M
Net Working Capital	1.2B	5.4B	5.4B	3.9B	5.9B	3.8B
Short Term Debt	710.8M	2.2B	1.3B	2.7B	391.5M	371.9M
Intangible Assets	76.0M	77.3M	13.9M	4.5M	13.2M	12.5M
Common Stock	500.5M	450.2M	527.3M	530.4M	551.6M	500.9M
Property Plant Equipment	3.8B	4.0B	4.7B	7.6B	8.8B	5.1B

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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.

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Laxmi Capital Lease Obligations vs Other Current Assets Analysis

Capital Lease Obligations vs Other Current Assets

Capital Lease Obligations vs Other Current Assets Correlation Analysis

Correlation Coefficient

Capital Lease Obligations

Other Current Assets

Laxmi Organic fundamental ratios Correlations

Laxmi Organic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Laxmi Organic fundamental ratios Accounts

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Other Information on Investing in Laxmi Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Tangible Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.99	Total Stockholder Equity

Capital Lease Obligations	- 0.98	Total Current Liabilities
Capital Lease Obligations	- 0.97	Accounts Payable
Capital Lease Obligations	- 0.93	Net Receivables
Capital Lease Obligations	- 0.93	Total Assets
Inventory	- 0.91	Capital Lease Obligations
Cash	- 0.91	Net Debt