Levima Non Current Assets Total vs Non Current Liabilities Total 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 Non Current Assets Total and its Non Current Liabilities Total 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.

Non Current Assets Total vs Non Current Liabilities Total

Non Current Assets Total vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Levima Advanced Materials Non Current Assets Total account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Levima Advanced's Non Current Assets Total and Non Current Liabilities Total is 0.13. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Current Liabilities Total 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 Non Current Assets Total and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Levima Advanced Materials are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Current Assets Total i.e., Levima Advanced's Non Current Assets Total and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Non Current Liabilities Total

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.