Levima Depreciation vs Dividends Paid Analysis

003022 Stock   15.71  0.12  0.77%   
Levima Advanced financial indicator trend analysis is infinitely more than just investigating Levima Advanced Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Levima Advanced Materials is a good investment. Please check the relationship between Levima Advanced Depreciation and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Levima Advanced Materials. 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.

Depreciation vs Dividends Paid

Depreciation vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Levima Advanced Materials Depreciation account and Dividends Paid. At this time, the significance of the direction appears to have strong relationship.
The correlation between Levima Advanced's Depreciation and Dividends Paid is 0.74. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Levima Advanced Materials, assuming nothing else is changed. The correlation between historical values of Levima Advanced's Depreciation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Levima Advanced Materials are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., Levima Advanced's Depreciation and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation

Depreciation indicates how much of Levima Advanced Materials value has been used up. For tax purposes Levima Advanced can deduct the cost of the tangible assets it purchases as business expenses. However, Levima Advanced Materials must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Levima Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Levima Advanced Materials 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 Levima Advanced Materials. 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 244.7 M. The current year's Tax Provision is expected to grow to about 67.5 M
 2021 2022 2023 2024 (projected)
Interest Expense154.0M142.0M344.4K327.1K
Depreciation And Amortization603.2M713.2M820.2M525.0M

Levima Advanced fundamental ratios Correlations

0.78-0.720.740.910.97-0.30.910.80.830.980.640.860.770.010.96-0.560.870.670.920.540.980.960.880.930.65
0.78-0.430.820.510.870.30.580.770.40.870.480.440.490.20.74-0.150.430.890.520.480.860.670.770.510.12
-0.72-0.43-0.63-0.84-0.580.63-0.84-0.57-0.87-0.64-0.85-0.86-0.970.55-0.640.92-0.85-0.12-0.79-0.81-0.63-0.82-0.66-0.77-0.71
0.740.82-0.630.590.71-0.030.60.670.590.750.720.620.68-0.310.61-0.420.580.650.610.810.750.710.770.580.36
0.910.51-0.840.590.8-0.640.940.610.980.830.630.980.9-0.280.9-0.810.980.30.990.620.830.970.720.980.8
0.970.87-0.580.710.8-0.080.840.840.680.990.540.710.650.20.95-0.380.730.80.810.420.990.890.880.830.49
-0.30.30.63-0.03-0.64-0.08-0.55-0.08-0.74-0.12-0.42-0.7-0.620.61-0.30.8-0.70.47-0.63-0.4-0.12-0.47-0.15-0.61-0.82
0.910.58-0.840.60.940.84-0.550.810.890.850.730.880.86-0.160.91-0.730.890.410.920.580.840.920.820.940.77
0.80.77-0.570.670.610.84-0.080.810.530.840.720.530.540.190.75-0.270.550.760.640.370.820.690.920.690.52
0.830.4-0.870.590.980.68-0.740.890.530.720.681.00.92-0.450.79-0.870.990.170.970.70.720.920.650.950.86
0.980.87-0.640.750.830.99-0.120.850.840.720.610.750.690.130.93-0.440.770.780.830.481.00.910.910.850.52
0.640.48-0.850.720.630.54-0.420.730.720.680.610.680.75-0.40.47-0.670.660.330.630.70.580.640.80.630.68
0.860.44-0.860.620.980.71-0.70.880.531.00.750.680.91-0.420.8-0.851.00.220.980.70.750.930.670.950.84
0.770.49-0.970.680.90.65-0.620.860.540.920.690.750.91-0.570.74-0.920.890.150.850.860.680.890.630.820.67
0.010.20.55-0.31-0.280.20.61-0.160.19-0.450.13-0.4-0.42-0.570.050.69-0.360.52-0.25-0.760.13-0.210.07-0.17-0.31
0.960.74-0.640.610.90.95-0.30.910.750.790.930.470.80.740.05-0.530.820.590.890.470.930.940.770.910.56
-0.56-0.150.92-0.42-0.81-0.380.8-0.73-0.27-0.87-0.44-0.67-0.85-0.920.69-0.53-0.830.18-0.74-0.75-0.44-0.74-0.42-0.71-0.69
0.870.43-0.850.580.980.73-0.70.890.550.990.770.661.00.89-0.360.82-0.830.240.980.640.770.940.70.970.86
0.670.89-0.120.650.30.80.470.410.760.170.780.330.220.150.520.590.180.240.360.120.780.470.750.390.07
0.920.52-0.790.610.990.81-0.630.920.640.970.830.630.980.85-0.250.89-0.740.980.360.60.830.950.740.990.84
0.540.48-0.810.810.620.42-0.40.580.370.70.480.70.70.86-0.760.47-0.750.640.120.60.470.660.460.530.4
0.980.86-0.630.750.830.99-0.120.840.820.721.00.580.750.680.130.93-0.440.770.780.830.470.910.90.850.52
0.960.67-0.820.710.970.89-0.470.920.690.920.910.640.930.89-0.210.94-0.740.940.470.950.660.910.80.960.69
0.880.77-0.660.770.720.88-0.150.820.920.650.910.80.670.630.070.77-0.420.70.750.740.460.90.80.780.61
0.930.51-0.770.580.980.83-0.610.940.690.950.850.630.950.82-0.170.91-0.710.970.390.990.530.850.960.780.85
0.650.12-0.710.360.80.49-0.820.770.520.860.520.680.840.67-0.310.56-0.690.860.070.840.40.520.690.610.85
Click cells to compare fundamentals

Levima Advanced Account Relationship Matchups

Levima Advanced fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.9B9.5B12.1B14.1B17.0B11.7B
Short Long Term Debt Total3.8B3.0B4.2B5.1B5.8B4.5B
Other Current Liab246.9M350.7M416.6M257.0M16.0M15.2M
Total Current Liabilities2.6B2.4B3.5B3.5B5.7B3.9B
Total Stockholder Equity3.2B5.4B6.3B6.9B7.1B4.9B
Property Plant And Equipment Net5.3B5.3B7.5B8.7B10.4B7.4B
Net Debt2.9B563.7M2.0B2.7B3.6B2.2B
Retained Earnings644.2M1.2B2.0B2.5B2.6B2.8B
Accounts Payable169.7M242.0M501.2M811.9M1.3B1.4B
Cash929.0M2.4B2.2B2.4B2.5B1.7B
Non Current Assets Total6.3B6.3B8.7B10.4B13.0B8.8B
Non Currrent Assets Other388.6M367.4M130.4M210.1M704.1M739.3M
Cash And Short Term Investments929.0M2.4B2.2B2.4B2.8B1.5B
Common Stock Shares Outstanding1.2B1.1B1.3B1.3B1.3B1.3B
Liabilities And Stockholders Equity7.9B9.5B12.1B14.1B16.2B10.7B
Non Current Liabilities Total2.0B1.6B2.0B3.2B3.4B2.6B
Inventory373.6M409.3M601.1M661.7M651.6M530.7M
Other Current Assets10.7M15.0M18.2M219.2M285.1M249.0M
Other Stockholder Equity1.7B3.2B3.0B3.1B3.6B2.4B
Total Liab4.6B4.0B5.5B6.7B9.2B6.5B
Total Current Assets1.6B3.3B3.4B3.7B4.0B2.9B
Short Term Debt2.2B1.8B2.6B2.4B2.8B2.5B
Intangible Assets588.6M583.1M1.0B1.2B1.6B943.6M

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Other Information on Investing in Levima Stock

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