Lixiang Property Plant Equipment vs Total Assets Analysis
LXEH Stock | USD 2.38 0.05 2.15% |
Lixiang Education financial indicator trend analysis is infinitely more than just investigating Lixiang Education Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lixiang Education Holding is a good investment. Please check the relationship between Lixiang Education Property Plant Equipment and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lixiang Education Holding. 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.
Property Plant Equipment vs Total Assets
Property Plant Equipment vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lixiang Education Holding Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Lixiang Education's Property Plant Equipment and Total Assets is -0.78. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets in the same time period over historical financial statements of Lixiang Education Holding, assuming nothing else is changed. The correlation between historical values of Lixiang Education's Property Plant Equipment and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Lixiang Education Holding are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Lixiang Education's Property Plant Equipment and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Property Plant Equipment
Total Assets
Total assets refers to the total amount of Lixiang Education assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lixiang Education Holding books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Lixiang Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lixiang Education Holding 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 Lixiang Education Holding. 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 Lixiang Education's current Tax Provision is estimated to increase to about 3.3 M, while Discontinued Operations is projected to decrease to (230.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.4M | 4.0M | 3.6M | 3.7M | Depreciation And Amortization | 5.2M | 11.6M | 11.3M | 8.4M |
Lixiang Education fundamental ratios Correlations
Click cells to compare fundamentals
Lixiang Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lixiang Education fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 303.3M | 460.0M | 532.7M | 608.9M | 434.0M | 477.6M | |
Short Long Term Debt Total | 83.6M | 39.7M | 77M | 80.5M | 77.7M | 78.4M | |
Other Current Liab | 19.8M | 60.8M | 330.0M | 62.0M | 22.9M | 21.8M | |
Total Current Liabilities | 130.4M | 92.1M | 413.7M | 134.1M | 103.2M | 185.9M | |
Total Stockholder Equity | 171.1M | 367.5M | 119.1M | 252.9M | 157.4M | 218.5M | |
Net Tangible Assets | 132.5M | 329.7M | 55.4M | 146.5M | 168.5M | 164.6M | |
Property Plant And Equipment Net | 204.3M | 205.4M | 165.1M | 167.7M | 154.0M | 146.6M | |
Current Deferred Revenue | 17.7M | 18.3M | 1.4M | 9.4M | 6.5M | 9.4M | |
Net Debt | 58.9M | (173.1M) | (122.4M) | (166.3M) | (149.3M) | (141.9M) | |
Retained Earnings | 109.1M | 135.3M | (110.3M) | (118.3M) | (245.3M) | (233.1M) | |
Accounts Payable | 9.3M | 6.2M | 6.0M | 2.5M | 1.5M | 1.4M | |
Cash | 24.7M | 212.8M | 199.4M | 246.8M | 227.0M | 167.4M | |
Non Current Assets Total | 242.9M | 243.2M | 231.6M | 279.4M | 189.1M | 190.5M | |
Cash And Short Term Investments | 44.7M | 212.8M | 199.4M | 246.8M | 227.0M | 172.0M | |
Net Receivables | 14.4M | 5.2M | 193.0K | 28.3M | 9.4K | 8.9K | |
Liabilities And Stockholders Equity | 303.3M | 460.0M | 532.7M | 608.9M | 434.0M | 477.6M | |
Non Current Liabilities Total | 1.7M | 412.6K | 84.4M | 221.3M | 173.7M | 88.7M | |
Inventory | 1.2M | 1.6M | 227.6K | 1.2M | 886.9K | 1.0M | |
Other Current Assets | 24.8K | 269.5M | 101.5M | 82.1M | 16.9M | 16.1M | |
Total Liab | 132.1M | 92.5M | 413.7M | 355.4M | 276.9M | 259.0M | |
Net Invested Capital | 254.7M | 407.2M | 196.1M | 326.0M | 232.7M | 295.1M | |
Property Plant And Equipment Gross | 204.2M | 205.4M | 196.6M | 205.6M | 194.7M | 161.2M | |
Short Long Term Debt | 83.6M | 39.7M | 77M | 71.4M | 75.3M | 76.3M | |
Total Current Assets | 60.3M | 216.8M | 301.1M | 329.6M | 244.9M | 215.7M | |
Accumulated Other Comprehensive Income | 50.8M | 50.3M | 47.4M | 65.7M | 69.1M | 59.3M | |
Net Working Capital | (70.1M) | 124.7M | (112.6M) | 195.5M | 141.7M | 148.8M | |
Short Term Debt | 83.6M | 24.9M | 77M | 68.7M | 77.7M | 73.5M | |
Intangible Assets | 38.7M | 37.7M | 37.0M | 36.0M | 35.1M | 29.9M | |
Property Plant Equipment | 204.2M | 205.4M | 165.1M | 167.7M | 150.9M | 151.2M |
Currently Active Assets on Macroaxis
When determining whether Lixiang Education Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lixiang Education's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lixiang Education Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lixiang Education Holding Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lixiang Education Holding. 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. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lixiang Education. If investors know Lixiang will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lixiang Education listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Earnings Share (17.51) | Revenue Per Share 39.489 | Quarterly Revenue Growth (0.41) | Return On Assets (0.11) |
The market value of Lixiang Education Holding is measured differently than its book value, which is the value of Lixiang that is recorded on the company's balance sheet. Investors also form their own opinion of Lixiang Education's value that differs from its market value or its book value, called intrinsic value, which is Lixiang Education's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lixiang Education's market value can be influenced by many factors that don't directly affect Lixiang Education's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lixiang Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lixiang Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lixiang Education's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.