Lens Change To Inventory vs Change To Liabilities Analysis

300433 Stock   29.43  0.41  1.41%   
Lens Technology financial indicator trend analysis is infinitely more than just investigating Lens Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lens Technology is a good investment. Please check the relationship between Lens Technology Change To Inventory and its Change To Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lens Technology Co. 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.

Change To Inventory vs Change To Liabilities

Change To Inventory vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lens Technology Change To Inventory account and Change To Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lens Technology's Change To Inventory and Change To Liabilities is -0.45. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Lens Technology Co, assuming nothing else is changed. The correlation between historical values of Lens Technology's Change To Inventory and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Lens Technology Co are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Change To Inventory i.e., Lens Technology's Change To Inventory and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Change To Liabilities

Most indicators from Lens Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lens Technology 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 Lens Technology Co. 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 1.3 B. The current year's Tax Provision is expected to grow to about 270.5 M
 2022 2023 2024 2025 (projected)
Operating Income3.6B3.8B4.4B3.2B
Total Revenue46.7B54.5B62.7B65.8B

Lens Technology fundamental ratios Correlations

-0.340.930.910.910.970.990.930.870.880.980.510.90.160.980.930.910.920.980.270.810.880.460.970.880.97
-0.34-0.2-0.46-0.44-0.49-0.39-0.09-0.54-0.38-0.430.19-0.430.21-0.26-0.37-0.32-0.43-0.33-0.02-0.42-0.270.36-0.21-0.28-0.34
0.93-0.20.820.850.910.940.910.770.790.920.660.830.320.980.880.890.890.860.410.660.90.690.910.90.88
0.91-0.460.820.990.890.890.830.970.940.890.350.990.110.870.990.950.980.930.230.930.90.280.920.90.95
0.91-0.440.850.990.890.890.860.940.920.880.380.990.150.890.990.920.960.920.230.930.880.320.940.870.94
0.97-0.490.910.890.890.980.860.870.850.980.490.880.150.940.90.890.910.930.290.750.850.420.910.860.92
0.99-0.390.940.890.890.980.870.870.880.990.550.880.150.980.910.920.930.940.370.750.90.470.930.90.95
0.93-0.090.910.830.860.860.870.730.770.860.540.850.240.930.870.820.820.910.180.740.770.590.960.780.88
0.87-0.540.770.970.940.870.870.730.950.890.360.940.090.840.950.940.960.880.360.880.890.230.850.90.91
0.88-0.380.790.940.920.850.880.770.950.890.520.920.160.870.940.940.950.890.450.860.890.280.880.90.92
0.98-0.430.920.890.880.980.990.860.890.890.570.870.160.970.90.910.920.940.390.750.880.440.920.890.94
0.510.190.660.350.380.490.550.540.360.520.570.320.640.640.440.560.50.40.720.110.570.820.490.610.41
0.9-0.430.830.990.990.880.880.850.940.920.870.320.110.870.990.930.970.930.180.950.890.280.930.880.95
0.160.210.320.110.150.150.150.240.090.160.160.640.110.260.20.240.20.080.28-0.030.270.630.180.290.07
0.98-0.260.980.870.890.940.980.930.840.870.970.640.870.260.910.920.920.930.40.740.90.580.950.910.94
0.93-0.370.880.990.990.90.910.870.950.940.90.440.990.20.910.960.980.940.260.910.930.390.950.920.95
0.91-0.320.890.950.920.890.920.820.940.940.910.560.930.240.920.960.980.890.450.80.980.490.90.990.92
0.92-0.430.890.980.960.910.930.820.960.950.920.50.970.20.920.980.980.910.390.860.960.40.910.960.94
0.98-0.330.860.930.920.930.940.910.880.890.940.40.930.080.930.940.890.910.140.890.850.330.980.840.99
0.27-0.020.410.230.230.290.370.180.360.450.390.720.180.280.40.260.450.390.14-0.010.470.490.20.510.23
0.81-0.420.660.930.930.750.750.740.880.860.750.110.95-0.030.740.910.80.860.89-0.010.750.030.870.730.9
0.88-0.270.90.90.880.850.90.770.890.890.880.570.890.270.90.930.980.960.850.470.750.530.860.990.9
0.460.360.690.280.320.420.470.590.230.280.440.820.280.630.580.390.490.40.330.490.030.530.460.560.32
0.97-0.210.910.920.940.910.930.960.850.880.920.490.930.180.950.950.90.910.980.20.870.860.460.850.97
0.88-0.280.90.90.870.860.90.780.90.90.890.610.880.290.910.920.990.960.840.510.730.990.560.850.89
0.97-0.340.880.950.940.920.950.880.910.920.940.410.950.070.940.950.920.940.990.230.90.90.320.970.89
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Lens Technology Account Relationship Matchups

Lens Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets79.6B76.6B78.3B77.5B89.1B45.0B
Other Current Liab1.3B246.9M60.8M116.4M104.7M99.5M
Total Current Liabilities27.0B20.1B22.2B19.1B21.9B15.7B
Total Stockholder Equity42.2B42.6B44.2B46.3B53.3B56.0B
Other Liab802.5M664.0M1.8B1.7B1.9B2.0B
Retained Earnings16.4B16.7B16.5B18.3B21.1B11.3B
Accounts Payable9.9B10.2B10.1B11.1B12.8B6.6B
Cash19.3B10.2B11.7B10.5B12.1B6.4B
Other Assets1.8B1.2B2.0B3.1B3.6B3.8B
Long Term Debt6.9B11.0B9.1B9.6B11.0B11.6B
Net Receivables8.0B9.7B9.0B9.3B10.7B5.9B
Inventory6.8B6.1B6.7B6.7B7.7B8.1B
Other Current Assets1.0B1.1B424.7M359.2M413.0M734.7M
Total Liab37.3B33.8B34.0B30.9B35.6B21.7B
Intangible Assets5.8B5.5B5.2B5.2B6.0B6.3B
Property Plant Equipment24.1B26.1B33.0B34.8B40.0B42.0B
Net Tangible Assets19.4B33.4B34.2B34.3B39.4B23.7B
Other Stockholder Equity1.1B429.1M122.6M212.4M244.3M418.0M
Deferred Long Term Liab27.8M20.5M234.0M290.0M333.5M350.1M
Short Long Term Debt13.4B4.4B2.8B1.4B1.6B1.5B
Total Current Assets35.4B29.2B28.6B28.1B32.3B22.4B
Non Current Assets Total44.2B47.4B49.7B49.4B56.8B39.4B
Non Currrent Assets Other571.0M884.6M783.3M688.0M619.2M664.4M
Non Current Liabilities Total10.2B13.7B11.8B11.9B13.7B9.2B
Non Current Liabilities Other2.4M1.0M1.3M3.6M3.2M1.9M
Net Debt1.1B5.2B251.6M486.5M437.8M415.9M
Common Stock Shares Outstanding4.3B4.4B5.0B5.0B5.7B4.9B
Net Invested Capital62.5B58.1B56.1B57.3B65.9B51.5B
Net Working Capital8.4B9.1B6.4B9.0B10.4B10.9B
Property Plant And Equipment Net33.0B34.8B37.0B36.9B42.5B36.9B
Property Plant And Equipment Gross52.9B58.2B64.0B67.7B77.8B62.0B

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Other Information on Investing in Lens Stock

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