Sumitomo Property Plant And Equipment Net vs Other Stockholder Equity Analysis

SUMICHEM   551.65  17.00  3.18%   
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 Property Plant And Equipment Net and its Other Stockholder Equity 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.

Property Plant And Equipment Net vs Other Stockholder Equity

Property Plant And Equipment Net vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sumitomo Chemical India Property Plant And Equipment Net account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sumitomo Chemical's Property Plant And Equipment Net and Other Stockholder Equity is 0.65. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Stockholder Equity 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 Property Plant And Equipment Net and Other Stockholder Equity 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 And Equipment Net of Sumitomo Chemical India are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Sumitomo Chemical's Property Plant And Equipment Net and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Stockholder Equity

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.