Luzhou Other Non Cash Items vs Net Income Analysis

000568 Stock

144.91 3.61 2.55%

Luzhou Lao financial indicator trend analysis is infinitely more than just investigating Luzhou Lao Jiao recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luzhou Lao Jiao is a good investment. Please check the relationship between Luzhou Lao Other Non Cash Items and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Luzhou Lao Jiao. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Non Cash Items vs Net Income

Other Non Cash Items vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luzhou Lao Jiao Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Luzhou Lao's Other Non Cash Items and Net Income is 0.9. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income in the same time period over historical financial statements of Luzhou Lao Jiao, assuming nothing else is changed. The correlation between historical values of Luzhou Lao's Other Non Cash Items and Net Income 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 Non Cash Items of Luzhou Lao Jiao are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., Luzhou Lao's Other Non Cash Items and Net Income go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Other Non Cash Items

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Luzhou Lao Jiao financial statement analysis. It represents the amount of money remaining after all of Luzhou Lao Jiao operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Luzhou Lao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luzhou Lao Jiao 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Luzhou Lao Jiao. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 4.8 B, whereas Tax Provision is forecasted to decline to about 2.3 B.

	2021	2022	2023	2024 (projected)
Operating Income	10.1B	13.4B	17.3B	18.1B
Total Revenue	20.6B	25.1B	30.2B	31.7B

Operating Income Total Revenue

Luzhou Lao fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Common Stock Shares Outstanding
Total Assets		-0.04	0.92	1.0	0.92	0.99	0.88	0.98	0.94	0.92	-0.45	0.86	0.98	0.08	0.99	0.94	0.44	0.95	0.88	0.88	0.84	0.89	0.89	0.68	0.96	0.58
Other Current Liab	-0.04		0.33	-0.05	-0.21	-0.06	0.23	-0.14	0.15	-0.31	0.54	-0.11	-0.07	0.11	0.0	-0.04	0.37	0.05	0.1	-0.23	-0.03	-0.01	0.18	0.28	-0.26	-0.39
Total Current Liabilities	0.92	0.33		0.91	0.75	0.9	0.94	0.87	0.94	0.75	-0.21	0.75	0.88	0.05	0.94	0.87	0.53	0.92	0.85	0.72	0.79	0.82	0.9	0.76	0.81	0.41
Total Stockholder Equity	1.0	-0.05	0.91		0.93	1.0	0.87	0.98	0.93	0.92	-0.45	0.87	0.98	0.12	0.98	0.93	0.47	0.94	0.88	0.87	0.85	0.89	0.88	0.66	0.95	0.58
Other Liab	0.92	-0.21	0.75	0.93		0.94	0.68	0.92	0.82	0.91	-0.55	0.88	0.94	0.22	0.88	0.85	0.42	0.81	0.79	0.89	0.73	0.82	0.75	0.5	0.91	0.59
Retained Earnings	0.99	-0.06	0.9	1.0	0.94		0.85	0.98	0.93	0.92	-0.47	0.87	0.99	0.13	0.97	0.94	0.45	0.93	0.88	0.89	0.83	0.89	0.88	0.67	0.95	0.58
Accounts Payable	0.88	0.23	0.94	0.87	0.68	0.85		0.82	0.87	0.69	-0.31	0.64	0.8	-0.02	0.89	0.86	0.46	0.95	0.83	0.61	0.84	0.78	0.93	0.67	0.78	0.37
Cash	0.98	-0.14	0.87	0.98	0.92	0.98	0.82		0.88	0.96	-0.48	0.89	0.97	0.04	0.97	0.89	0.43	0.9	0.84	0.9	0.82	0.86	0.82	0.6	0.96	0.63
Other Assets	0.94	0.15	0.94	0.93	0.82	0.93	0.87	0.88		0.78	-0.22	0.72	0.91	0.19	0.93	0.89	0.43	0.94	0.87	0.75	0.82	0.85	0.91	0.87	0.85	0.46
Long Term Debt	0.92	-0.31	0.75	0.92	0.91	0.92	0.69	0.96	0.78		-0.53	0.93	0.95	0.0	0.91	0.85	0.37	0.78	0.72	0.93	0.68	0.79	0.68	0.48	0.97	0.7
Net Receivables	-0.45	0.54	-0.21	-0.45	-0.55	-0.47	-0.31	-0.48	-0.22	-0.53		-0.35	-0.47	0.03	-0.44	-0.55	0.21	-0.42	-0.41	-0.59	-0.37	-0.45	-0.4	0.13	-0.59	-0.39
Short Term Investments	0.86	-0.11	0.75	0.87	0.88	0.87	0.64	0.89	0.72	0.93	-0.35		0.88	0.14	0.83	0.71	0.65	0.7	0.65	0.83	0.62	0.7	0.59	0.39	0.84	0.61
Inventory	0.98	-0.07	0.88	0.98	0.94	0.99	0.8	0.97	0.91	0.95	-0.47	0.88		0.07	0.97	0.93	0.4	0.88	0.85	0.94	0.76	0.88	0.83	0.65	0.96	0.61
Other Current Assets	0.08	0.11	0.05	0.12	0.22	0.13	-0.02	0.04	0.19	0.0	0.03	0.14	0.07		0.01	0.04	0.35	0.11	0.08	-0.06	0.15	0.04	0.1	0.11	-0.02	-0.04
Total Liab	0.99	0.0	0.94	0.98	0.88	0.97	0.89	0.97	0.93	0.91	-0.44	0.83	0.97	0.01		0.94	0.4	0.94	0.87	0.88	0.81	0.88	0.89	0.7	0.96	0.58
Intangible Assets	0.94	-0.04	0.87	0.93	0.85	0.94	0.86	0.89	0.89	0.85	-0.55	0.71	0.93	0.04	0.94		0.27	0.9	0.86	0.84	0.76	0.87	0.9	0.64	0.92	0.51
Common Stock	0.44	0.37	0.53	0.47	0.42	0.45	0.46	0.43	0.43	0.37	0.21	0.65	0.4	0.35	0.4	0.27		0.39	0.43	0.2	0.47	0.42	0.38	0.29	0.27	-0.06
Property Plant Equipment	0.95	0.05	0.92	0.94	0.81	0.93	0.95	0.9	0.94	0.78	-0.42	0.7	0.88	0.11	0.94	0.9	0.39		0.89	0.73	0.89	0.85	0.96	0.73	0.88	0.47
Net Tangible Assets	0.88	0.1	0.85	0.88	0.79	0.88	0.83	0.84	0.87	0.72	-0.41	0.65	0.85	0.08	0.87	0.86	0.43	0.89		0.75	0.92	0.98	0.95	0.73	0.81	0.17
Other Stockholder Equity	0.88	-0.23	0.72	0.87	0.89	0.89	0.61	0.9	0.75	0.93	-0.59	0.83	0.94	-0.06	0.88	0.84	0.2	0.73	0.75		0.59	0.81	0.68	0.49	0.93	0.64
Long Term Investments	0.84	-0.03	0.79	0.85	0.73	0.83	0.84	0.82	0.82	0.68	-0.37	0.62	0.76	0.15	0.81	0.76	0.47	0.89	0.92	0.59		0.89	0.89	0.67	0.75	0.21
Total Current Assets	0.89	-0.01	0.82	0.89	0.82	0.89	0.78	0.86	0.85	0.79	-0.45	0.7	0.88	0.04	0.88	0.87	0.42	0.85	0.98	0.81	0.89		0.9	0.71	0.85	0.21
Non Current Assets Total	0.89	0.18	0.9	0.88	0.75	0.88	0.93	0.82	0.91	0.68	-0.4	0.59	0.83	0.1	0.89	0.9	0.38	0.96	0.95	0.68	0.89	0.9		0.76	0.81	0.25
Non Currrent Assets Other	0.68	0.28	0.76	0.66	0.5	0.67	0.67	0.6	0.87	0.48	0.13	0.39	0.65	0.11	0.7	0.64	0.29	0.73	0.73	0.49	0.67	0.71	0.76		0.59	0.16
Non Current Liabilities Total	0.96	-0.26	0.81	0.95	0.91	0.95	0.78	0.96	0.85	0.97	-0.59	0.84	0.96	-0.02	0.96	0.92	0.27	0.88	0.81	0.93	0.75	0.85	0.81	0.59		0.66
Common Stock Shares Outstanding	0.58	-0.39	0.41	0.58	0.59	0.58	0.37	0.63	0.46	0.7	-0.39	0.61	0.61	-0.04	0.58	0.51	-0.06	0.47	0.17	0.64	0.21	0.21	0.25	0.16	0.66

Click cells to compare fundamentals

Luzhou Lao Account Relationship Matchups

Luzhou Lao fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	28.9B	35.0B	43.2B	51.4B	63.3B	66.5B
Other Current Liab	3.6B	3.0B	6.0B	5.5B	347.5M	330.1M
Total Current Liabilities	6.8B	7.7B	10.9B	10.7B	10.1B	10.6B
Total Stockholder Equity	19.4B	23.1B	28.0B	34.2B	41.4B	43.5B
Other Liab	87.3M	91.9M	96.1M	199.7M	229.7M	241.2M
Retained Earnings	14.0B	17.7B	22.7B	28.2B	33.8B	35.5B
Accounts Payable	1.9B	2.7B	2.4B	2.3B	2.4B	2.5B
Cash	9.8B	11.6B	13.5B	17.8B	26.0B	27.2B
Other Assets	916.6M	739.8M	1.6B	1.2B	1.4B	1.5B
Net Receivables	2.6B	1.5M	4.8B	5.9M	17.5M	16.6M
Inventory	3.6B	4.7B	7.3B	9.8B	11.6B	12.2B
Other Current Assets	342.8M	225.9M	285.5M	262.9M	176.7M	210.8M
Total Liab	9.4B	11.8B	15.1B	17.1B	21.8B	22.9B
Intangible Assets	332.2M	2.7B	2.6B	3.1B	3.4B	3.6B
Property Plant Equipment	8.8B	8.9B	9.4B	9.7B	11.2B	11.7B
Net Tangible Assets	19.1B	20.4B	25.4B	31.1B	35.8B	20.4B
Other Stockholder Equity	194.8M	186.1M	379.9M	933.8M	1.1B	1.1B
Total Current Assets	16.3B	19.9B	26.6B	33.6B	45.4B	23.3B
Non Current Assets Total	12.6B	15.1B	16.6B	17.8B	17.9B	13.3B
Non Currrent Assets Other	237.5M	10.8M	649.1M	196.1M	358.9M	205.9M
Non Current Liabilities Total	2.6B	4.1B	4.1B	6.4B	11.7B	12.3B
Net Invested Capital	21.9B	27.1B	32.0B	40.4B	52.9B	32.4B
Net Working Capital	9.5B	12.1B	15.6B	22.9B	35.3B	18.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Luzhou Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Luzhou Other Non Cash Items vs Net Income Analysis

Other Non Cash Items vs Net Income

Other Non Cash Items vs Net Income Correlation Analysis

Correlation Coefficient

Other Non Cash Items

Net Income

Luzhou Lao fundamental ratios Correlations

Luzhou Lao Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Luzhou Lao fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Luzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Inventory	+ 0.99	Retained Earnings
Cash	+ 0.98	Total Assets

Non Current Liabilities Total	- 0.59	Net Receivables
Other Stockholder Equity	- 0.59	Net Receivables
Intangible Assets	- 0.55	Net Receivables
Net Receivables	- 0.55	Other Liab
Net Receivables	- 0.53	Long Term Debt
Net Receivables	- 0.48	Cash