Levima Net Debt vs Total Current Liabilities 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 Net Debt and its Total Current Liabilities 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.

Net Debt vs Total Current Liabilities

Net Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Levima Advanced Materials Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Levima Advanced's Net Debt and Total Current Liabilities is -0.03. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities 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 Net Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Levima Advanced Materials are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., Levima Advanced's Net Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Liabilities

Total Current Liabilities is an item on Levima Advanced balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Levima Advanced Materials 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.

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 Expense	154.0M	142.0M	344.4K	327.1K
Depreciation And Amortization	603.2M	713.2M	820.2M	525.0M

Interest Expense Depreciation And Amortization

Levima Advanced fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Net Tangible Assets	Other Assets
Total Assets		0.78	-0.72	0.74	0.91	0.97	-0.3	0.91	0.8	0.83	0.98	0.64	0.86	0.77	0.01	0.96	-0.56	0.87	0.67	0.92	0.54	0.98	0.96	0.88	0.93	0.65
Short Long Term Debt Total	0.78		-0.43	0.82	0.51	0.87	0.3	0.58	0.77	0.4	0.87	0.48	0.44	0.49	0.2	0.74	-0.15	0.43	0.89	0.52	0.48	0.86	0.67	0.77	0.51	0.12
Other Current Liab	-0.72	-0.43		-0.63	-0.84	-0.58	0.63	-0.84	-0.57	-0.87	-0.64	-0.85	-0.86	-0.97	0.55	-0.64	0.92	-0.85	-0.12	-0.79	-0.81	-0.63	-0.82	-0.66	-0.77	-0.71
Total Current Liabilities	0.74	0.82	-0.63		0.59	0.71	-0.03	0.6	0.67	0.59	0.75	0.72	0.62	0.68	-0.31	0.61	-0.42	0.58	0.65	0.61	0.81	0.75	0.71	0.77	0.58	0.36
Total Stockholder Equity	0.91	0.51	-0.84	0.59		0.8	-0.64	0.94	0.61	0.98	0.83	0.63	0.98	0.9	-0.28	0.9	-0.81	0.98	0.3	0.99	0.62	0.83	0.97	0.72	0.98	0.8
Property Plant And Equipment Net	0.97	0.87	-0.58	0.71	0.8		-0.08	0.84	0.84	0.68	0.99	0.54	0.71	0.65	0.2	0.95	-0.38	0.73	0.8	0.81	0.42	0.99	0.89	0.88	0.83	0.49
Net Debt	-0.3	0.3	0.63	-0.03	-0.64	-0.08		-0.55	-0.08	-0.74	-0.12	-0.42	-0.7	-0.62	0.61	-0.3	0.8	-0.7	0.47	-0.63	-0.4	-0.12	-0.47	-0.15	-0.61	-0.82
Retained Earnings	0.91	0.58	-0.84	0.6	0.94	0.84	-0.55		0.81	0.89	0.85	0.73	0.88	0.86	-0.16	0.91	-0.73	0.89	0.41	0.92	0.58	0.84	0.92	0.82	0.94	0.77
Accounts Payable	0.8	0.77	-0.57	0.67	0.61	0.84	-0.08	0.81		0.53	0.84	0.72	0.53	0.54	0.19	0.75	-0.27	0.55	0.76	0.64	0.37	0.82	0.69	0.92	0.69	0.52
Cash	0.83	0.4	-0.87	0.59	0.98	0.68	-0.74	0.89	0.53		0.72	0.68	1.0	0.92	-0.45	0.79	-0.87	0.99	0.17	0.97	0.7	0.72	0.92	0.65	0.95	0.86
Non Current Assets Total	0.98	0.87	-0.64	0.75	0.83	0.99	-0.12	0.85	0.84	0.72		0.61	0.75	0.69	0.13	0.93	-0.44	0.77	0.78	0.83	0.48	1.0	0.91	0.91	0.85	0.52
Non Currrent Assets Other	0.64	0.48	-0.85	0.72	0.63	0.54	-0.42	0.73	0.72	0.68	0.61		0.68	0.75	-0.4	0.47	-0.67	0.66	0.33	0.63	0.7	0.58	0.64	0.8	0.63	0.68
Cash And Short Term Investments	0.86	0.44	-0.86	0.62	0.98	0.71	-0.7	0.88	0.53	1.0	0.75	0.68		0.91	-0.42	0.8	-0.85	1.0	0.22	0.98	0.7	0.75	0.93	0.67	0.95	0.84
Common Stock Shares Outstanding	0.77	0.49	-0.97	0.68	0.9	0.65	-0.62	0.86	0.54	0.92	0.69	0.75	0.91		-0.57	0.74	-0.92	0.89	0.15	0.85	0.86	0.68	0.89	0.63	0.82	0.67
Non Current Liabilities Total	0.01	0.2	0.55	-0.31	-0.28	0.2	0.61	-0.16	0.19	-0.45	0.13	-0.4	-0.42	-0.57		0.05	0.69	-0.36	0.52	-0.25	-0.76	0.13	-0.21	0.07	-0.17	-0.31
Inventory	0.96	0.74	-0.64	0.61	0.9	0.95	-0.3	0.91	0.75	0.79	0.93	0.47	0.8	0.74	0.05		-0.53	0.82	0.59	0.89	0.47	0.93	0.94	0.77	0.91	0.56
Other Current Assets	-0.56	-0.15	0.92	-0.42	-0.81	-0.38	0.8	-0.73	-0.27	-0.87	-0.44	-0.67	-0.85	-0.92	0.69	-0.53		-0.83	0.18	-0.74	-0.75	-0.44	-0.74	-0.42	-0.71	-0.69
Other Stockholder Equity	0.87	0.43	-0.85	0.58	0.98	0.73	-0.7	0.89	0.55	0.99	0.77	0.66	1.0	0.89	-0.36	0.82	-0.83		0.24	0.98	0.64	0.77	0.94	0.7	0.97	0.86
Total Liab	0.67	0.89	-0.12	0.65	0.3	0.8	0.47	0.41	0.76	0.17	0.78	0.33	0.22	0.15	0.52	0.59	0.18	0.24		0.36	0.12	0.78	0.47	0.75	0.39	0.07
Total Current Assets	0.92	0.52	-0.79	0.61	0.99	0.81	-0.63	0.92	0.64	0.97	0.83	0.63	0.98	0.85	-0.25	0.89	-0.74	0.98	0.36		0.6	0.83	0.95	0.74	0.99	0.84
Short Term Debt	0.54	0.48	-0.81	0.81	0.62	0.42	-0.4	0.58	0.37	0.7	0.48	0.7	0.7	0.86	-0.76	0.47	-0.75	0.64	0.12	0.6		0.47	0.66	0.46	0.53	0.4
Intangible Assets	0.98	0.86	-0.63	0.75	0.83	0.99	-0.12	0.84	0.82	0.72	1.0	0.58	0.75	0.68	0.13	0.93	-0.44	0.77	0.78	0.83	0.47		0.91	0.9	0.85	0.52
Common Stock	0.96	0.67	-0.82	0.71	0.97	0.89	-0.47	0.92	0.69	0.92	0.91	0.64	0.93	0.89	-0.21	0.94	-0.74	0.94	0.47	0.95	0.66	0.91		0.8	0.96	0.69
Other Liab	0.88	0.77	-0.66	0.77	0.72	0.88	-0.15	0.82	0.92	0.65	0.91	0.8	0.67	0.63	0.07	0.77	-0.42	0.7	0.75	0.74	0.46	0.9	0.8		0.78	0.61
Net Tangible Assets	0.93	0.51	-0.77	0.58	0.98	0.83	-0.61	0.94	0.69	0.95	0.85	0.63	0.95	0.82	-0.17	0.91	-0.71	0.97	0.39	0.99	0.53	0.85	0.96	0.78		0.85
Other Assets	0.65	0.12	-0.71	0.36	0.8	0.49	-0.82	0.77	0.52	0.86	0.52	0.68	0.84	0.67	-0.31	0.56	-0.69	0.86	0.07	0.84	0.4	0.52	0.69	0.61	0.85

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Levima Advanced Account Relationship Matchups

Levima Advanced fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.9B	9.5B	12.1B	14.1B	17.0B	11.7B
Short Long Term Debt Total	3.8B	3.0B	4.2B	5.1B	5.8B	4.5B
Other Current Liab	246.9M	350.7M	416.6M	257.0M	16.0M	15.2M
Total Current Liabilities	2.6B	2.4B	3.5B	3.5B	5.7B	3.9B
Total Stockholder Equity	3.2B	5.4B	6.3B	6.9B	7.1B	4.9B
Property Plant And Equipment Net	5.3B	5.3B	7.5B	8.7B	10.4B	7.4B
Net Debt	2.9B	563.7M	2.0B	2.7B	3.6B	2.2B
Retained Earnings	644.2M	1.2B	2.0B	2.5B	2.6B	2.8B
Accounts Payable	169.7M	242.0M	501.2M	811.9M	1.3B	1.4B
Cash	929.0M	2.4B	2.2B	2.4B	2.5B	1.7B
Non Current Assets Total	6.3B	6.3B	8.7B	10.4B	13.0B	8.8B
Non Currrent Assets Other	388.6M	367.4M	130.4M	210.1M	704.1M	739.3M
Cash And Short Term Investments	929.0M	2.4B	2.2B	2.4B	2.8B	1.5B
Common Stock Shares Outstanding	1.2B	1.1B	1.3B	1.3B	1.3B	1.3B
Liabilities And Stockholders Equity	7.9B	9.5B	12.1B	14.1B	16.2B	10.7B
Non Current Liabilities Total	2.0B	1.6B	2.0B	3.2B	3.4B	2.6B
Inventory	373.6M	409.3M	601.1M	661.7M	651.6M	530.7M
Other Current Assets	10.7M	15.0M	18.2M	219.2M	285.1M	249.0M
Other Stockholder Equity	1.7B	3.2B	3.0B	3.1B	3.6B	2.4B
Total Liab	4.6B	4.0B	5.5B	6.7B	9.2B	6.5B
Total Current Assets	1.6B	3.3B	3.4B	3.7B	4.0B	2.9B
Short Term Debt	2.2B	1.8B	2.6B	2.4B	2.8B	2.5B
Intangible Assets	588.6M	583.1M	1.0B	1.2B	1.6B	943.6M

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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.

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Levima Net Debt vs Total Current Liabilities Analysis

Net Debt vs Total Current Liabilities

Net Debt vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Liabilities

Levima Advanced fundamental ratios Correlations

Levima Advanced Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Levima Advanced fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Non Current Assets Total
Other Stockholder Equity	+ 1.0	Cash And Short Term Investments
Total Current Assets	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Intangible Assets	+ 0.99	Property Plant And Equipment Net

Common Stock Shares Outstanding	- 0.97	Other Current Liab
Other Current Assets	- 0.92	Common Stock Shares Outstanding
Other Current Assets	- 0.87	Cash
Cash	- 0.87	Other Current Liab
Cash And Short Term Investments	- 0.86	Other Current Liab
Other Current Assets	- 0.85	Cash And Short Term Investments