Leyard Total Assets vs Net Debt Analysis

300296 Stock   8.06  1.34  19.94%   
Leyard Optoelectronic financial indicator trend analysis is infinitely more than just investigating Leyard Optoelectronic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leyard Optoelectronic is a good investment. Please check the relationship between Leyard Optoelectronic Total Assets and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Leyard Optoelectronic. 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.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leyard Optoelectronic Total Assets account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Leyard Optoelectronic's Total Assets and Net Debt is -0.1. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Leyard Optoelectronic, assuming nothing else is changed. The correlation between historical values of Leyard Optoelectronic's Total Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Leyard Optoelectronic are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Leyard Optoelectronic's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Leyard Optoelectronic 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 Leyard Optoelectronic 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Leyard Optoelectronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leyard Optoelectronic 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 Leyard Optoelectronic. 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 171 M. The current year's Tax Provision is expected to grow to about 79.4 M
 2021 2022 2023 2024 (projected)
Gross Profit2.7B2.5B2.2B1.5B
Total Revenue8.9B8.2B7.6B4.4B

Leyard Optoelectronic fundamental ratios Correlations

0.910.860.990.990.820.78-0.10.930.950.970.980.750.970.860.970.120.980.350.860.991.00.770.910.360.91
0.910.860.90.890.70.680.270.820.750.850.970.470.860.680.890.160.920.50.860.920.870.880.80.570.95
0.860.860.840.870.620.43-0.010.850.730.870.890.440.870.610.830.060.920.270.740.830.830.830.780.640.83
0.990.90.840.970.80.83-0.080.910.950.950.970.740.950.840.960.070.970.430.821.00.980.780.890.390.9
0.990.890.870.970.830.73-0.150.930.940.980.960.740.980.860.970.150.970.260.860.970.990.760.920.350.88
0.820.70.620.80.830.68-0.030.910.790.760.770.750.770.980.790.550.750.180.680.80.840.740.94-0.030.68
0.780.680.430.830.730.680.020.650.790.670.750.740.670.740.780.040.690.650.650.830.790.530.670.080.71
-0.10.27-0.01-0.08-0.15-0.030.02-0.12-0.32-0.260.09-0.38-0.25-0.2-0.070.26-0.060.550.13-0.04-0.170.34-0.130.30.16
0.930.820.850.910.930.910.65-0.120.880.920.890.670.920.920.890.360.920.240.740.90.930.860.980.30.81
0.950.750.730.950.940.790.79-0.320.880.930.880.860.930.870.910.00.910.220.760.940.960.60.870.220.81
0.970.850.870.950.980.760.67-0.260.920.930.920.681.00.830.930.080.960.210.790.940.970.730.910.390.87
0.980.970.890.970.960.770.750.090.890.880.920.640.920.770.960.10.980.440.90.980.950.830.860.50.96
0.750.470.440.740.740.750.74-0.380.670.860.680.640.680.820.710.010.650.080.590.740.780.290.69-0.180.55
0.970.860.870.950.980.770.67-0.250.920.931.00.920.680.830.940.110.950.20.80.940.970.740.910.380.87
0.860.680.610.840.860.980.74-0.20.920.870.830.770.820.830.830.450.770.150.690.830.880.670.95-0.060.69
0.970.890.830.960.970.790.78-0.070.890.910.930.960.710.940.830.150.950.390.930.960.970.750.870.360.9
0.120.160.060.070.150.550.040.260.360.00.080.10.010.110.450.150.05-0.070.160.070.130.420.41-0.310.0
0.980.920.920.970.970.750.69-0.060.920.910.960.980.650.950.770.950.050.350.840.970.960.820.870.530.92
0.350.50.270.430.260.180.650.550.240.220.210.440.080.20.150.39-0.070.350.350.430.30.50.210.40.45
0.860.860.740.820.860.680.650.130.740.760.790.90.590.80.690.930.160.840.350.860.830.670.720.40.89
0.990.920.831.00.970.80.83-0.040.90.940.940.980.740.940.830.960.070.970.430.860.980.780.890.390.93
1.00.870.830.980.990.840.79-0.170.930.960.970.950.780.970.880.970.130.960.30.830.980.740.920.30.87
0.770.880.830.780.760.740.530.340.860.60.730.830.290.740.670.750.420.820.50.670.780.740.830.550.79
0.910.80.780.890.920.940.67-0.130.980.870.910.860.690.910.950.870.410.870.210.720.890.920.830.180.79
0.360.570.640.390.35-0.030.080.30.30.220.390.5-0.180.38-0.060.36-0.310.530.40.40.390.30.550.180.57
0.910.950.830.90.880.680.710.160.810.810.870.960.550.870.690.90.00.920.450.890.930.870.790.790.57
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Leyard Optoelectronic Account Relationship Matchups

Leyard Optoelectronic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.4B13.6B15.8B14.9B15.1B8.3B
Short Long Term Debt Total2.5B1.8B1.8B1.7B2.7B1.4B
Other Current Liab914.7M405.4M346.0M714.2M601.7M392.0M
Total Current Liabilities5.9B5.0B6.7B5.6B5.4B3.2B
Total Stockholder Equity8.4B7.2B7.8B8.0B8.3B4.3B
Property Plant And Equipment Net1.0B1.1B1.6B1.7B1.8B1.9B
Current Deferred Revenue540.9M1.2B1.6B1.0B885.5M551.1M
Net Debt(310.7M)(761.3M)(544.9M)(383.0M)440.7M462.7M
Retained Earnings3.9B2.7B3.2B3.3B3.5B3.7B
Accounts Payable2.7B2.7B4.0B3.0B2.1B1.5B
Cash2.9B2.6B2.4B2.1B2.2B1.3B
Non Current Assets Total4.6B3.5B4.2B4.1B4.2B2.5B
Non Currrent Assets Other171.1M260.4M461.5M496.9M203.5M142.0M
Cash And Short Term Investments2.9B2.6B2.4B2.1B2.4B1.3B
Net Receivables3.5B4.8B5.5B5.3B5.3B5.5B
Common Stock Shares Outstanding2.6B2.5B2.6B2.5B2.5B1.8B
Short Term Investments1.4M18.2M412.6K5.2M182.8M191.9M
Liabilities And Stockholders Equity15.4B13.6B15.8B14.9B15.1B8.3B
Inventory4.3B2.6B3.6B3.3B3.1B2.0B
Other Current Assets108.8M160.9M170.9M117.7M118.5M147.7M
Other Stockholder Equity1.7B1.7B1.7B1.7B1.7B1.2B
Total Liab7.0B6.4B8.0B6.7B6.4B4.0B
Total Current Assets10.7B10.1B11.7B10.8B10.9B5.8B
Short Term Debt1.7B711.2M787.9M914.9M1.8B1.8B
Other Assets269.8M270.0M370.9M1.01.151.09
Intangible Assets609.5M526.6M505.7M455.7M402.0M348.0M
Property Plant Equipment1.0B1.1B1.6B1.7B1.9B2.0B
Other Liab253.8M238.2M274.5M293.9M338.0M217.7M
Good Will2.3B1.0B932.6M725.4M762.6M1.4B
Non Current Liabilities Total1.1B1.4B1.3B1.1B1.1B1.1B
Long Term Debt836.1M1.1B931.1M711.3M824.5M938.8M
Net Tangible Assets5.4B5.7B6.3B6.9B7.9B4.7B
Deferred Long Term Liab49.3M33.1M65.2M88.2M101.4M106.4M
Short Long Term Debt1.7B693.6M638.0M638.5M432.8M841.8M
Non Current Liabilities Other40.5M58.6M86.1M103.5M81.7M68.3M
Net Invested Capital10.9B9.1B9.3B9.4B9.5B7.7B
Net Working Capital4.9B5.1B4.9B5.2B5.5B5.0B

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Other Information on Investing in Leyard Stock

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