Laxmi Other Current Liab vs Long Term Debt 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 Other Current Liab and its Long Term Debt 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.

Other Current Liab vs Long Term Debt

Other Current Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laxmi Organic Industries Other Current Liab account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Laxmi Organic's Other Current Liab and Long Term Debt is 0.37. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Long Term Debt 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 Other Current Liab and Long Term 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 Other Current Liab of Laxmi Organic Industries are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Current Liab i.e., Laxmi Organic's Other Current Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

Long Term Debt

Long-term debt is a debt that Laxmi Organic Industries has held for over one year. Long-term debt appears on Laxmi Organic Industries 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 Laxmi Organic Industries 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.
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

0.030.180.971.00.910.990.950.4-0.570.990.930.710.96-0.38-0.350.240.740.90.160.60.3-0.930.910.820.92
0.03-0.24-0.030.020.010.020.130.310.50.06-0.29-0.110.140.23-0.160.440.12-0.110.040.110.440.13-0.04-0.050.02
0.18-0.240.190.150.050.150.19-0.69-0.20.20.340.120.18-0.8-0.290.370.110.26-0.150.070.33-0.310.170.060.08
0.97-0.030.190.960.840.970.870.46-0.530.950.950.630.87-0.44-0.210.070.770.930.080.660.13-0.980.950.870.9
1.00.020.150.960.920.990.950.41-0.570.990.930.720.96-0.36-0.350.230.730.880.170.590.3-0.910.90.810.92
0.910.010.050.840.920.910.930.41-0.490.930.810.620.93-0.1-0.470.250.480.830.410.330.34-0.740.870.610.79
0.990.020.150.970.990.910.920.48-0.460.970.920.590.92-0.37-0.230.150.760.880.070.630.21-0.910.910.850.86
0.950.130.190.870.950.930.920.28-0.540.980.840.741.0-0.25-0.580.490.550.840.330.380.56-0.80.830.620.85
0.40.31-0.690.460.410.410.480.280.140.360.250.00.290.340.34-0.410.460.34-0.050.47-0.35-0.340.470.550.37
-0.570.5-0.2-0.53-0.57-0.49-0.46-0.540.14-0.56-0.69-0.91-0.540.310.46-0.12-0.3-0.56-0.42-0.19-0.160.6-0.46-0.4-0.73
0.990.060.20.950.990.930.970.980.36-0.560.920.710.98-0.32-0.450.330.650.920.240.490.4-0.90.910.730.89
0.93-0.290.340.950.930.810.920.840.25-0.690.920.690.84-0.51-0.280.090.670.930.10.540.14-0.970.90.790.86
0.71-0.110.120.630.720.620.590.740.0-0.910.710.690.74-0.25-0.610.380.420.610.490.280.44-0.650.530.470.87
0.960.140.180.870.960.930.921.00.29-0.540.980.840.74-0.25-0.560.480.580.840.310.40.54-0.810.830.630.86
-0.380.23-0.8-0.44-0.36-0.1-0.37-0.250.340.31-0.32-0.51-0.25-0.25-0.09-0.05-0.62-0.310.45-0.62-0.020.55-0.28-0.54-0.37
-0.35-0.16-0.29-0.21-0.35-0.47-0.23-0.580.340.46-0.45-0.28-0.61-0.56-0.09-0.810.24-0.41-0.780.41-0.850.2-0.310.22-0.35
0.240.440.370.070.230.250.150.49-0.41-0.120.330.090.380.48-0.05-0.81-0.110.150.33-0.260.99-0.050.04-0.230.16
0.740.120.110.770.730.480.760.550.46-0.30.650.670.420.58-0.620.24-0.110.5-0.390.98-0.09-0.760.570.960.75
0.9-0.110.260.930.880.830.880.840.34-0.560.920.930.610.84-0.31-0.410.150.50.290.370.21-0.930.970.650.81
0.160.04-0.150.080.170.410.070.33-0.05-0.420.240.10.490.310.45-0.780.33-0.390.29-0.490.4-0.030.27-0.270.27
0.60.110.070.660.590.330.630.380.47-0.190.490.540.280.4-0.620.41-0.260.980.37-0.49-0.25-0.660.460.930.63
0.30.440.330.130.30.340.210.56-0.35-0.160.40.140.440.54-0.02-0.850.99-0.090.210.4-0.25-0.090.11-0.190.23
-0.930.13-0.31-0.98-0.91-0.74-0.91-0.8-0.340.6-0.9-0.97-0.65-0.810.550.2-0.05-0.76-0.93-0.03-0.66-0.09-0.91-0.86-0.89
0.91-0.040.170.950.90.870.910.830.47-0.460.910.90.530.83-0.28-0.310.040.570.970.270.460.11-0.910.720.81
0.82-0.050.060.870.810.610.850.620.55-0.40.730.790.470.63-0.540.22-0.230.960.65-0.270.93-0.19-0.860.720.81
0.920.020.080.90.920.790.860.850.37-0.730.890.860.870.86-0.37-0.350.160.750.810.270.630.23-0.890.810.81
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 Liab1.2B573.8M618.9M684.6M695.4M638.3M
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 Net4.0B4.7B7.7B11.6B13.2B7.5B
Current Deferred Revenue(710.7M)698.6M865.9M612.3M15.8M15.0M
Net Debt1.5B2.0B1.1B3.2B(1.7B)(1.7B)
Retained Earnings3.7B4.9B7.3B8.4B9.3B6.2B
Accounts Payable4.1B4.7B7.1B4.7B7.6B5.3B
Cash241.1M305.5M330.3M810.1M3.2B3.3B
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.