Laxmi Cost Of Revenue vs Operating Income Analysis

LXCHEM Stock   244.15  0.30  0.12%   
Laxmi Organic financial indicator trend analysis is infinitely more than just investigating Laxmi Organic Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Laxmi Organic Industries is a good investment. Please check the relationship between Laxmi Organic Cost Of Revenue and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laxmi Organic Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laxmi Organic Industries Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Laxmi Organic's Cost Of Revenue and Operating Income is 0.79. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Laxmi Organic Industries, assuming nothing else is changed. The correlation between historical values of Laxmi Organic's Cost Of Revenue and Operating 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 Cost Of Revenue of Laxmi Organic Industries are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., Laxmi Organic's Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Laxmi Organic Industries income statement and represents the costs associated with goods and services Laxmi Organic provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Operating Income

Operating Income is the amount of profit realized from Laxmi Organic Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Laxmi Organic Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Laxmi Organic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Laxmi Organic Industries 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laxmi Organic Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The current year's Selling General Administrative is expected to grow to about 1.6 B, whereas Tax Provision is forecasted to decline to about 416 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization481.8M724.1M1.1B625.3M
Interest Income112.9M81.6M142.6M149.7M

Laxmi Organic fundamental ratios Correlations

0.030.990.971.00.910.990.950.4-0.480.990.930.860.96-0.38-0.350.240.740.950.160.60.3-0.930.910.780.92
0.030.05-0.030.020.010.020.130.310.70.06-0.290.110.140.23-0.160.440.12-0.030.040.110.440.13-0.04-0.090.02
0.990.050.961.00.90.970.950.42-0.480.980.910.880.96-0.35-0.350.260.750.920.160.60.32-0.90.870.780.93
0.97-0.030.960.960.840.970.870.46-0.50.950.950.790.87-0.44-0.210.070.770.970.080.660.13-0.980.950.850.9
1.00.021.00.960.920.990.950.41-0.480.990.930.850.96-0.36-0.350.230.730.940.170.590.3-0.910.90.780.92
0.910.010.90.840.920.910.930.41-0.380.930.810.730.93-0.1-0.470.250.480.880.410.330.34-0.740.870.550.79
0.990.020.970.970.990.910.920.48-0.390.970.920.760.92-0.37-0.230.150.760.940.070.630.21-0.910.910.810.86
0.950.130.950.870.950.930.920.28-0.410.980.840.881.0-0.25-0.580.490.550.870.330.380.56-0.80.830.570.85
0.40.310.420.460.410.410.480.280.180.360.250.140.290.340.34-0.410.460.48-0.050.47-0.35-0.340.470.50.37
-0.480.7-0.48-0.5-0.48-0.38-0.39-0.410.18-0.46-0.69-0.6-0.40.380.30.07-0.25-0.48-0.31-0.170.040.6-0.45-0.41-0.62
0.990.060.980.950.990.930.970.980.36-0.460.920.870.98-0.32-0.450.330.650.950.240.490.4-0.90.910.690.89
0.93-0.290.910.950.930.810.920.840.25-0.690.920.780.84-0.51-0.280.090.670.930.10.540.14-0.970.90.780.86
0.860.110.880.790.850.730.760.880.14-0.60.870.780.89-0.32-0.620.470.570.770.390.420.53-0.790.70.570.93
0.960.140.960.870.960.930.921.00.29-0.40.980.840.89-0.25-0.560.480.580.880.310.40.54-0.810.830.590.86
-0.380.23-0.35-0.44-0.36-0.1-0.37-0.250.340.38-0.32-0.51-0.32-0.25-0.09-0.05-0.62-0.290.45-0.62-0.020.55-0.28-0.6-0.37
-0.35-0.16-0.35-0.21-0.35-0.47-0.23-0.580.340.3-0.45-0.28-0.62-0.56-0.09-0.810.24-0.32-0.780.41-0.850.2-0.310.25-0.35
0.240.440.260.070.230.250.150.49-0.410.070.330.090.470.48-0.05-0.81-0.110.090.33-0.260.99-0.050.04-0.250.16
0.740.120.750.770.730.480.760.550.46-0.250.650.670.570.58-0.620.24-0.110.62-0.390.98-0.09-0.760.570.960.75
0.95-0.030.920.970.940.880.940.870.48-0.480.950.930.770.88-0.29-0.320.090.620.240.50.16-0.940.990.720.86
0.160.040.160.080.170.410.070.33-0.05-0.310.240.10.390.310.45-0.780.33-0.390.24-0.490.4-0.030.27-0.330.27
0.60.110.60.660.590.330.630.380.47-0.170.490.540.420.4-0.620.41-0.260.980.5-0.49-0.25-0.660.460.940.63
0.30.440.320.130.30.340.210.56-0.350.040.40.140.530.54-0.02-0.850.99-0.090.160.4-0.25-0.090.11-0.220.23
-0.930.13-0.9-0.98-0.91-0.74-0.91-0.8-0.340.6-0.9-0.97-0.79-0.810.550.2-0.05-0.76-0.94-0.03-0.66-0.09-0.91-0.85-0.89
0.91-0.040.870.950.90.870.910.830.47-0.450.910.90.70.83-0.28-0.310.040.570.990.270.460.11-0.910.690.81
0.78-0.090.780.850.780.550.810.570.5-0.410.690.780.570.59-0.60.25-0.250.960.72-0.330.94-0.22-0.850.690.78
0.920.020.930.90.920.790.860.850.37-0.620.890.860.930.86-0.37-0.350.160.750.860.270.630.23-0.890.810.78
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Laxmi Organic Account Relationship Matchups

Laxmi Organic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.7B18.4B22.7B24.1B28.3B19.4B
Short Long Term Debt Total1.7B2.4B1.4B4.1B1.4B2.4B
Other Current Liab388.3M573.8M618.9M684.6M804.6M594.2M
Total Current Liabilities5.3B7.7B9.3B8.3B8.9B7.6B
Total Stockholder Equity4.3B10.3B13.0B14.1B18.0B10.7B
Other Liab192.7M148.5M191.9M277.1M318.6M218.7M
Net Tangible Assets4.5B4.3B10.3B13.0B14.9B7.9B
Property Plant And Equipment Net4.0B4.7B7.7B11.6B13.3B7.5B
Current Deferred Revenue(710.7M)698.6M865.9M612.3M15.8M15.0M
Net Debt1.5B2.0B1.1B3.2B316.5M300.6M
Retained Earnings3.7B4.9B7.3B8.4B9.3B6.2B
Accounts Payable4.1B4.7B7.1B4.7B7.6B5.3B
Cash241.1M305.5M330.3M810.1M1.1B1.2B
Non Current Assets Total4.2B5.3B7.9B12.0B13.5B7.9B
Non Currrent Assets Other79.4M700K193.5M206.8M151.7M142.6M
Other Assets163.2M532.0M253.2M1.00.90.86
Long Term Debt901.5M98.7M21.7M1.3B972.2M718.9M
Cash And Short Term Investments241.1M5.1B1.6B2.2B2.3B1.9B
Net Receivables3.6B4.3B6.7B5.7B5.8B5.1B
Common Stock Shares Outstanding244.7M227.8M267.4M266.9M272.2M283.9M
Short Term Investments(83.8M)4.8B1.2B1.4B1.2B1.4B
Liabilities And Stockholders Equity10.7B18.4B22.7B24.1B28.3B19.4B
Non Current Liabilities Total1.1B348.2M342.4M1.7B1.4B1.1B
Capital Lease Obligations107.5M83.6M58.1M87.5M70.4M77.4M
Inventory1.5B2.0B3.7B2.9B2.8B2.6B
Other Current Assets1.0B6.3B3.9B2.4B3.8B3.0B
Other Stockholder Equity105.9M4.8B4.8B5.0B7.8B8.2B
Total Liab6.4B8.0B9.7B10.0B10.3B8.7B
Net Invested Capital5.9B12.6B14.3B18.1B19.3B13.0B
Short Long Term Debt686.9M2.2B1.3B2.7B385.2M366.0M
Total Current Assets6.5B13.1B14.7B12.2B14.8B11.5B
Accumulated Other Comprehensive Income105.9M151.9M377.5M336.2M337.1M324.3M
Net Working Capital1.2B5.4B5.4B3.9B5.9B3.8B
Short Term Debt710.7M2.2B1.3B2.7B391.5M371.9M
Intangible Assets76.0M77.3M13.9M4.5M13.2M12.5M
Common Stock500.5M450.2M527.3M530.4M551.6M500.9M
Property Plant Equipment3.8B4.0B4.7B7.6B8.8B5.1B

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Other Information on Investing in Laxmi Stock

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