Lens Net Income vs Capital Expenditures Analysis

300433 Stock

22.74 0.02 0.09%

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 Net Income and its Capital Expenditures 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.

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lens Technology Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Lens Technology's Net Income and Capital Expenditures is 0.1. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures 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 Net Income and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Lens Technology Co are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Lens Technology's Net Income and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Lens Technology financial statement analysis. It represents the amount of money remaining after all of Lens Technology Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Capital Expenditures

Capital Expenditures are funds used by Lens Technology to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Lens Technology operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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

	2021	2022	2023	2024 (projected)
Operating Income	3.0B	3.6B	3.8B	3.2B
Total Revenue	45.3B	46.7B	54.5B	29.0B

Operating Income Total Revenue

Lens Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		-0.27	0.94	0.99	0.9	0.97	0.98	0.92	0.85	0.93	0.97	0.6	0.98	0.27	0.98	1.0	0.9	0.91	0.97	0.31	0.78	0.87	0.56	0.97	0.88	0.97
Other Current Liab	-0.27		-0.14	-0.32	-0.39	-0.44	-0.32	-0.02	-0.5	-0.25	-0.38	0.18	-0.3	0.25	-0.19	-0.23	-0.28	-0.39	-0.27	-0.03	-0.37	-0.22	0.35	-0.13	-0.24	-0.27
Total Current Liabilities	0.94	-0.14		0.89	0.83	0.91	0.94	0.9	0.74	0.82	0.91	0.71	0.9	0.37	0.98	0.93	0.88	0.87	0.84	0.43	0.62	0.89	0.75	0.9	0.89	0.88
Total Stockholder Equity	0.99	-0.32	0.89		0.91	0.96	0.96	0.91	0.86	0.91	0.96	0.51	0.99	0.21	0.95	0.99	0.88	0.9	0.98	0.21	0.81	0.84	0.47	0.96	0.85	0.96
Other Liab	0.9	-0.39	0.83	0.91		0.89	0.88	0.85	0.94	0.83	0.87	0.41	0.91	0.05	0.87	0.9	0.92	0.96	0.92	0.25	0.92	0.87	0.36	0.93	0.87	0.94
Retained Earnings	0.97	-0.44	0.91	0.96	0.89		0.98	0.86	0.85	0.88	0.98	0.58	0.94	0.27	0.94	0.95	0.89	0.91	0.91	0.34	0.71	0.85	0.53	0.89	0.87	0.9
Accounts Payable	0.98	-0.32	0.94	0.96	0.88	0.98		0.87	0.86	0.93	0.99	0.65	0.95	0.27	0.98	0.97	0.92	0.93	0.93	0.41	0.71	0.91	0.58	0.92	0.91	0.94
Cash	0.92	-0.02	0.9	0.91	0.85	0.86	0.87		0.7	0.8	0.84	0.59	0.93	0.31	0.92	0.93	0.8	0.8	0.89	0.19	0.71	0.75	0.66	0.96	0.76	0.87
Other Assets	0.85	-0.5	0.74	0.86	0.94	0.85	0.86	0.7		0.85	0.87	0.4	0.83	-0.01	0.81	0.83	0.94	0.96	0.87	0.39	0.87	0.88	0.27	0.83	0.89	0.9
Long Term Debt	0.93	-0.25	0.82	0.91	0.83	0.88	0.93	0.8	0.85		0.95	0.67	0.88	0.24	0.92	0.91	0.87	0.87	0.91	0.48	0.73	0.83	0.44	0.89	0.84	0.92
Net Receivables	0.97	-0.38	0.91	0.96	0.87	0.98	0.99	0.84	0.87	0.95		0.67	0.93	0.28	0.96	0.96	0.9	0.91	0.91	0.43	0.71	0.88	0.53	0.9	0.89	0.93
Short Term Investments	0.6	0.18	0.71	0.51	0.41	0.58	0.65	0.59	0.4	0.67	0.67		0.47	0.64	0.71	0.58	0.59	0.53	0.44	0.72	0.13	0.6	0.82	0.56	0.64	0.5
Inventory	0.98	-0.3	0.9	0.99	0.91	0.94	0.95	0.93	0.83	0.88	0.93	0.47		0.2	0.94	0.99	0.86	0.89	0.98	0.16	0.83	0.82	0.47	0.97	0.82	0.96
Other Current Assets	0.27	0.25	0.37	0.21	0.05	0.27	0.27	0.31	-0.01	0.24	0.28	0.64	0.2		0.34	0.29	0.15	0.1	0.12	0.21	-0.14	0.18	0.65	0.23	0.2	0.12
Total Liab	0.98	-0.19	0.98	0.95	0.87	0.94	0.98	0.92	0.81	0.92	0.96	0.71	0.94	0.34		0.97	0.91	0.9	0.91	0.43	0.7	0.89	0.66	0.95	0.9	0.94
Intangible Assets	1.0	-0.23	0.93	0.99	0.9	0.95	0.97	0.93	0.83	0.91	0.96	0.58	0.99	0.29	0.97		0.89	0.9	0.97	0.25	0.79	0.87	0.57	0.97	0.87	0.96
Common Stock	0.9	-0.28	0.88	0.88	0.92	0.89	0.92	0.8	0.94	0.87	0.9	0.59	0.86	0.15	0.91	0.89		0.98	0.89	0.46	0.79	0.98	0.53	0.89	0.99	0.93
Property Plant Equipment	0.91	-0.39	0.87	0.9	0.96	0.91	0.93	0.8	0.96	0.87	0.91	0.53	0.89	0.1	0.9	0.9	0.98		0.9	0.41	0.85	0.96	0.44	0.9	0.96	0.95
Net Tangible Assets	0.97	-0.27	0.84	0.98	0.92	0.91	0.93	0.89	0.87	0.91	0.91	0.44	0.98	0.12	0.91	0.97	0.89	0.9		0.16	0.88	0.84	0.39	0.96	0.84	0.98
Other Stockholder Equity	0.31	-0.03	0.43	0.21	0.25	0.34	0.41	0.19	0.39	0.48	0.43	0.72	0.16	0.21	0.43	0.25	0.46	0.41	0.16		-0.01	0.48	0.49	0.22	0.53	0.27
Deferred Long Term Liab	0.78	-0.37	0.62	0.81	0.92	0.71	0.71	0.71	0.87	0.73	0.71	0.13	0.83	-0.14	0.7	0.79	0.79	0.85	0.88	-0.01		0.74	0.07	0.84	0.71	0.88
Long Term Investments	0.87	-0.22	0.89	0.84	0.87	0.85	0.91	0.75	0.88	0.83	0.88	0.6	0.82	0.18	0.89	0.87	0.98	0.96	0.84	0.48	0.74		0.57	0.85	0.99	0.91
Short Long Term Debt	0.56	0.35	0.75	0.47	0.36	0.53	0.58	0.66	0.27	0.44	0.53	0.82	0.47	0.65	0.66	0.57	0.53	0.44	0.39	0.49	0.07	0.57		0.54	0.6	0.42
Total Current Assets	0.97	-0.13	0.9	0.96	0.93	0.89	0.92	0.96	0.83	0.89	0.9	0.56	0.97	0.23	0.95	0.97	0.89	0.9	0.96	0.22	0.84	0.85	0.54		0.85	0.96
Short Term Debt	0.88	-0.24	0.89	0.85	0.87	0.87	0.91	0.76	0.89	0.84	0.89	0.64	0.82	0.2	0.9	0.87	0.99	0.96	0.84	0.53	0.71	0.99	0.6	0.85		0.9
Non Current Assets Total	0.97	-0.27	0.88	0.96	0.94	0.9	0.94	0.87	0.9	0.92	0.93	0.5	0.96	0.12	0.94	0.96	0.93	0.95	0.98	0.27	0.88	0.91	0.42	0.96	0.9

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Lens Technology Account Relationship Matchups

Lens Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	47.0B	79.6B	76.6B	78.3B	77.5B	45.0B
Other Current Liab	718.7M	1.3B	246.9M	60.8M	116.4M	110.6M
Total Current Liabilities	19.0B	27.0B	20.1B	22.2B	19.1B	15.7B
Total Stockholder Equity	22.4B	42.2B	42.6B	44.2B	46.3B	23.3B
Other Liab	802.5M	664.0M	1.8B	1.7B	1.9B	2.0B
Retained Earnings	12.7B	16.4B	16.7B	16.5B	18.3B	11.3B
Accounts Payable	8.1B	9.9B	10.2B	10.1B	11.1B	6.6B
Cash	5.7B	19.3B	10.2B	11.7B	10.5B	6.4B
Other Assets	1.8B	1.2B	2.0B	3.1B	3.6B	3.8B
Long Term Debt	4.9B	6.9B	11.0B	9.1B	9.6B	5.1B
Net Receivables	6.9B	8.0B	10.3B	9.0B	9.3B	6.0B
Inventory	3.2B	6.8B	6.1B	6.7B	6.7B	3.7B
Other Current Assets	865.7M	1.0B	1.1B	424.7M	359.2M	341.2M
Total Liab	24.6B	37.3B	33.8B	34.0B	30.9B	21.7B
Intangible Assets	2.9B	5.8B	5.5B	5.2B	5.2B	2.8B
Common Stock	2.6B	3.9B	4.3B	5.0B	5.7B	6.0B
Property Plant Equipment	24.1B	26.1B	33.0B	34.8B	40.0B	42.0B
Net Tangible Assets	19.4B	33.4B	34.2B	34.3B	39.4B	23.7B
Other Stockholder Equity	1.1B	429.1M	122.6M	212.4M	244.3M	418.0M
Deferred Long Term Liab	27.8M	20.5M	234.0M	290.0M	333.5M	350.1M
Short Long Term Debt	8.3B	13.4B	4.4B	2.8B	1.4B	1.3B
Total Current Assets	16.6B	35.4B	29.2B	28.6B	28.1B	22.4B
Non Current Assets Total	30.4B	44.2B	47.4B	49.7B	49.4B	39.4B
Non Currrent Assets Other	505.6M	571.0M	884.6M	783.3M	688.0M	664.4M
Non Current Liabilities Total	5.6B	10.2B	13.7B	11.8B	11.9B	9.2B
Non Current Liabilities Other	1.4M	2.4M	1.0M	1.3M	3.6M	1.9M
Net Debt	6.0B	1.1B	5.2B	251.6M	486.5M	462.1M
Common Stock Shares Outstanding	3.9B	4.3B	4.4B	5.0B	5.0B	4.9B
Net Invested Capital	34.0B	62.5B	58.1B	56.1B	57.3B	51.5B
Net Working Capital	(2.4B)	8.4B	9.1B	6.4B	9.0B	9.5B

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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.

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Lens Net Income vs Capital Expenditures Analysis

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Net Income

Capital Expenditures

Lens Technology fundamental ratios Correlations

Lens Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lens Technology fundamental ratios Accounts

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Other Information on Investing in Lens Stock

COMMON DESTINATIONS

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COMPANY

Intangible Assets	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Inventory	+ 0.99	Total Stockholder Equity
Intangible Assets	+ 0.99	Total Stockholder Equity
Net Receivables	+ 0.99	Accounts Payable
Intangible Assets	+ 0.99	Inventory

Other Assets	- 0.5	Other Current Liab
Retained Earnings	- 0.44	Other Current Liab
Property Plant Equipment	- 0.39	Other Current Liab
Other Liab	- 0.39	Other Current Liab
Net Receivables	- 0.38	Other Current Liab
Deferred Long Term Liab	- 0.37	Other Current Liab