Levima Net Income vs Other Non Cash Items 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 Income and its Other Non Cash Items 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 Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Levima Advanced Materials Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Levima Advanced's Net Income and Other Non Cash Items is -0.64. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items 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 Income and Other Non Cash Items 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 Income of Levima Advanced Materials are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Levima Advanced's Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Income

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

Other Non Cash Items

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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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.

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Levima Net Income vs Other Non Cash Items Analysis

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Net Income

Other Non Cash Items

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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Other Information on Investing in Levima Stock

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