Sumitomo Other Liab vs Cash Analysis

SUMICHEM   542.95  8.70  1.58%   
Sumitomo Chemical financial indicator trend analysis is much more than just breaking down Sumitomo Chemical India prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sumitomo Chemical India is a good investment. Please check the relationship between Sumitomo Chemical Other Liab and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Chemical India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Other Liab vs Cash

Other Liab vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sumitomo Chemical India Other Liab account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sumitomo Chemical's Other Liab and Cash is -0.13. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Sumitomo Chemical India, assuming nothing else is changed. The correlation between historical values of Sumitomo Chemical's Other Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Sumitomo Chemical India are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Liab i.e., Sumitomo Chemical's Other Liab and Cash go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

Cash

Cash refers to the most liquid asset of Sumitomo Chemical India, which is listed under current asset account on Sumitomo Chemical India balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sumitomo Chemical customers. The amounts must be unrestricted with restricted cash listed in a different Sumitomo Chemical account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Sumitomo Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sumitomo Chemical India 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Chemical India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Selling General Administrative is expected to grow to about 2.6 B, whereas Tax Provision is forecasted to decline to about 1.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense47.2M53.9M56.9M40.7M
Depreciation And Amortization448.1M518.8M621.9M381.8M

Sumitomo Chemical fundamental ratios Correlations

0.930.930.990.980.30.720.830.120.920.10.830.94-0.360.850.980.930.570.660.941.00.940.590.110.910.49
0.930.960.870.890.130.580.860.30.78-0.020.70.94-0.250.780.920.930.620.420.960.940.910.610.030.970.24
0.930.960.870.920.080.710.950.340.78-0.020.680.98-0.260.740.950.970.590.431.00.950.870.580.110.920.25
0.990.870.870.970.370.690.750.020.940.150.850.88-0.390.870.950.880.540.720.880.980.930.580.110.870.57
0.980.890.920.970.360.760.850.050.890.060.790.94-0.370.80.990.920.610.650.930.980.910.490.240.880.44
0.30.130.080.370.360.360.08-0.870.45-0.10.340.18-0.380.290.270.240.370.450.10.250.18-0.140.310.20.25
0.720.580.710.690.760.360.83-0.080.74-0.350.480.73-0.340.370.740.740.690.380.710.690.50.070.510.470.32
0.830.860.950.750.850.080.830.310.68-0.240.520.94-0.230.540.870.920.680.30.940.840.70.350.320.770.1
0.120.30.340.020.05-0.87-0.080.31-0.10.190.080.240.040.040.150.16-0.12-0.120.330.160.230.34-0.190.25-0.13
0.920.780.780.940.890.450.740.68-0.10.110.750.81-0.40.740.870.80.520.70.790.880.850.440.190.770.48
0.1-0.02-0.020.150.06-0.1-0.35-0.240.190.110.38-0.02-0.30.250.07-0.08-0.690.54-0.020.10.320.37-0.270.170.32
0.830.70.680.850.790.340.480.520.080.750.380.67-0.740.790.780.670.350.890.690.820.820.50.090.760.7
0.940.940.980.880.940.180.730.940.240.81-0.020.67-0.260.740.950.960.610.490.980.950.870.510.220.90.19
-0.36-0.25-0.26-0.39-0.37-0.38-0.34-0.230.04-0.4-0.3-0.74-0.26-0.2-0.37-0.24-0.2-0.71-0.27-0.35-0.380.1-0.44-0.35-0.42
0.850.780.740.870.80.290.370.540.040.740.250.790.74-0.20.770.80.350.670.740.860.80.84-0.290.790.58
0.980.920.950.950.990.270.740.870.150.870.070.780.95-0.370.770.930.580.580.960.980.930.510.20.910.43
0.930.930.970.880.920.240.740.920.160.8-0.080.670.96-0.240.80.930.610.460.970.940.810.620.060.870.3
0.570.620.590.540.610.370.690.68-0.120.52-0.690.350.61-0.20.350.580.610.140.590.570.4-0.030.460.510.06
0.660.420.430.720.650.450.380.3-0.120.70.540.890.49-0.710.670.580.460.140.450.630.650.340.210.530.63
0.940.961.00.880.930.10.710.940.330.79-0.020.690.98-0.270.740.960.970.590.450.950.880.580.120.920.26
1.00.940.950.980.980.250.690.840.160.880.10.820.95-0.350.860.980.940.570.630.950.940.620.090.920.48
0.940.910.870.930.910.180.50.70.230.850.320.820.87-0.380.80.930.810.40.650.880.940.590.070.950.42
0.590.610.580.580.49-0.140.070.350.340.440.370.50.510.10.840.510.62-0.030.340.580.620.59-0.70.60.45
0.110.030.110.110.240.310.510.32-0.190.19-0.270.090.22-0.44-0.290.20.060.460.210.120.090.07-0.70.04-0.23
0.910.970.920.870.880.20.470.770.250.770.170.760.9-0.350.790.910.870.510.530.920.920.950.60.040.25
0.490.240.250.570.440.250.320.1-0.130.480.320.70.19-0.420.580.430.30.060.630.260.480.420.45-0.230.25
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Sumitomo Chemical Account Relationship Matchups

Sumitomo Chemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.1B26.7B30.1B33.7B33.1B23.9B
Other Current Liab3.5B4.2B4.2B3.8B3.1B3.1B
Total Current Liabilities8.4B10.8B10.2B9.3B8.0B8.2B
Total Stockholder Equity12.2B15.4B19.3B23.8B24.4B15.3B
Property Plant And Equipment Net3.2B3.1B4.1B4.8B5.0B3.3B
Net Debt(570.3M)(1.8B)(196.6M)(129.2M)(163.9M)(172.1M)
Retained Earnings1.1B1.5B1.6B1.7B2.3B1.8B
Accounts Payable4.9B5.9B5.2B4.9B4.3B4.9B
Cash926.1M2.1B572.5M468.9M466.4M844.4M
Non Current Assets Total3.6B3.7B4.9B5.8B6.4B4.4B
Non Currrent Assets Other295.9M175.7M95.3M86.9M543.5M570.7M
Cash And Short Term Investments1.8B5.3B5.8B8.3B10.3B10.8B
Net Receivables8.5B8.6B8.5B9.5B7.2B7.3B
Short Term Investments862.1M3.2B5.2B7.8B3.5B2.5B
Liabilities And Stockholders Equity21.1B26.7B30.1B33.7B33.1B23.9B
Non Current Liabilities Total445.4M495.8M609.7M539.3M680.2M428.6M
Inventory5.9B7.5B9.4B8.9B6.1B6.8B
Other Current Assets2.1B1.7B1.6B3.8B3.1B2.5B
Other Stockholder Equity(5.9B)2.4B2.4B17.1B17.1B17.9B
Total Liab8.8B11.3B10.8B9.9B8.7B8.6B
Total Current Assets17.5B23.0B25.2B27.9B26.7B19.5B
Accumulated Other Comprehensive Income(977.6M)6.6B10.3B14.8B67.9M64.5M
Current Deferred Revenue(161.8M)3.6B4.1B3.8B434.3M412.5M
Short Term Debt161.8M(372.3M)(573.8M)(276.0M)117.4M123.2M
Short Long Term Debt Total355.8M326.4M375.8M339.7M302.5M314.1M
Other Liab302.3M251.4M342.4M362.5M416.9M348.5M
Net Tangible Assets10.4B12.2B15.3B19.1B22.0B14.6B
Other Assets321.2M425.6M385.7M435.9M501.3M417.6M
Long Term Debt Total194M153.3M247.2M177.5M204.1M141.5M
Deferred Long Term Liab18.0M14.4M5.0M6.7M6.0M9.0M
Net Invested Capital12.2B15.4B19.3B23.8B24.4B18.1B
Net Working Capital9.1B12.3B15.0B18.5B18.7B13.8B
Intangible Assets54.8M105.7M184.6M215.5M247.7M147.7M
Property Plant Equipment3.2B3.1B4.1B4.8B5.5B3.8B

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Other Information on Investing in Sumitomo Stock

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