Laxmi Total Current Liabilities vs Current Deferred Revenue 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 Total Current Liabilities and its Current Deferred Revenue 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.

Total Current Liabilities vs Current Deferred Revenue

Total Current Liabilities vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laxmi Organic Industries Total Current Liabilities account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Laxmi Organic's Total Current Liabilities and Current Deferred Revenue is 0.46. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Current Deferred Revenue 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 Total Current Liabilities and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Laxmi Organic Industries are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Liabilities i.e., Laxmi Organic's Total Current Liabilities and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Laxmi Organic balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Laxmi Organic Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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
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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.