Linewell Other Current Assets vs Property Plant Equipment Analysis

603636 Stock   11.94  0.10  0.83%   
Linewell Software financial indicator trend analysis is infinitely more than just investigating Linewell Software recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Linewell Software is a good investment. Please check the relationship between Linewell Software Other Current Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Linewell Software 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.

Other Current Assets vs Property Plant Equipment

Other Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Linewell Software Other Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Linewell Software's Other Current Assets and Property Plant Equipment is 0.82. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Linewell Software Co, assuming nothing else is changed. The correlation between historical values of Linewell Software's Other Current Assets and Property Plant Equipment 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 Current Assets of Linewell Software Co are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Current Assets i.e., Linewell Software's Other Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Property Plant Equipment

Most indicators from Linewell Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Linewell Software 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 Linewell Software 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.
As of December 11, 2024, Selling General Administrative is expected to decline to about 126.5 M. The current year's Tax Provision is expected to grow to about (4.3 M)
 2021 2022 2023 2024 (projected)
Operating Income138.5M184.7M159.2M137.6M
Total Revenue1.7B1.7B1.7B991.0M

Linewell Software fundamental ratios Correlations

0.360.970.90.440.890.980.410.840.920.560.710.990.940.860.850.920.270.740.950.910.940.380.460.820.76
0.360.180.640.450.680.290.460.680.060.610.580.220.040.610.640.490.720.530.470.330.52-0.170.37-0.210.69
0.970.180.80.310.790.990.290.720.970.450.590.990.970.770.740.860.090.640.880.910.860.440.330.910.65
0.90.640.80.50.980.850.470.960.730.650.760.830.730.950.950.960.470.830.90.890.960.360.460.550.85
0.440.450.310.50.490.350.550.620.170.760.60.390.330.660.630.40.760.360.670.280.55-0.310.680.090.75
0.890.680.790.980.490.830.510.930.710.660.770.810.710.930.970.910.450.780.880.860.920.330.460.520.86
0.980.290.990.850.350.830.290.770.950.490.640.980.940.820.780.890.160.680.90.920.890.410.340.860.73
0.410.460.290.470.550.510.290.430.220.510.540.360.270.410.510.290.40.110.450.280.39-0.130.650.140.43
0.840.680.720.960.620.930.770.430.610.720.820.760.660.960.920.940.670.850.920.810.970.180.580.420.89
0.920.060.970.730.170.710.950.220.610.250.480.960.950.670.640.81-0.110.580.780.90.790.610.240.960.53
0.560.610.450.650.760.660.490.510.720.250.640.490.430.710.750.530.780.470.690.390.63-0.390.480.130.73
0.710.580.590.760.60.770.640.540.820.480.640.680.580.820.820.70.620.50.790.650.79-0.10.830.330.83
0.990.220.990.830.390.810.980.360.760.960.490.680.980.80.780.870.170.640.910.90.90.390.450.880.7
0.940.040.970.730.330.710.940.270.660.950.430.580.980.710.70.80.070.580.850.840.820.410.390.930.58
0.860.610.770.950.660.930.820.410.960.670.710.820.80.710.950.920.570.780.930.850.950.220.540.50.94
0.850.640.740.950.630.970.780.510.920.640.750.820.780.70.950.860.550.740.890.790.90.20.570.470.9
0.920.490.860.960.40.910.890.290.940.810.530.70.870.80.920.860.370.860.90.950.980.460.40.660.78
0.270.720.090.470.760.450.160.40.67-0.110.780.620.170.070.570.550.370.480.520.130.5-0.530.63-0.270.68
0.740.530.640.830.360.780.680.110.850.580.470.50.640.580.780.740.860.480.770.680.840.390.260.420.71
0.950.470.880.90.670.880.90.450.920.780.690.790.910.850.930.890.90.520.770.830.970.20.610.660.89
0.910.330.910.890.280.860.920.280.810.90.390.650.90.840.850.790.950.130.680.830.90.560.320.780.68
0.940.520.860.960.550.920.890.390.970.790.630.790.90.820.950.90.980.50.840.970.90.310.550.640.86
0.38-0.170.440.36-0.310.330.41-0.130.180.61-0.39-0.10.390.410.220.20.46-0.530.390.20.560.31-0.260.610.01
0.460.370.330.460.680.460.340.650.580.240.480.830.450.390.540.570.40.630.260.610.320.55-0.260.160.6
0.82-0.210.910.550.090.520.860.140.420.960.130.330.880.930.50.470.66-0.270.420.660.780.640.610.160.34
0.760.690.650.850.750.860.730.430.890.530.730.830.70.580.940.90.780.680.710.890.680.860.010.60.34
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Linewell Software Account Relationship Matchups

Linewell Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.6B4.5B5.4B6.1B6.4B
Other Current Liab475.1M632.8M389.2M518.4M28.3M26.9M
Total Current Liabilities1.1B1.8B1.7B2.5B3.2B3.3B
Total Stockholder Equity2.1B2.6B2.6B2.7B2.7B1.6B
Other Liab128.9M49.9M63.9M51.6M59.4M56.8M
Retained Earnings674.2M785.6M819.2M879.0M786.0M533.7M
Accounts Payable533.3M946.2M816.6M1.2B1.3B1.4B
Cash736.7M301.6M282.1M568.7M371.4M427.8M
Other Assets1.0B1.2B1.1B887.9M1.0B511.1M
Net Receivables542.0M826.7M1.3B2.1B2.4B2.5B
Inventory323.7M474.6M197.2M181.4M301.3M261.7M
Other Current Assets308.9M170.4M98.4M152.2M186.2M107.1M
Total Liab1.7B1.9B1.8B2.6B3.3B3.5B
Intangible Assets243.9M258.0M298.6M334.9M617.7M648.6M
Common Stock407.1M526.7M526.5M590.8M679.4M344.6M
Property Plant Equipment213.8M205.5M229.3M204.1M234.7M151.1M
Net Tangible Assets1.7B2.3B2.3B2.2B2.6B1.7B
Deferred Long Term Liab61.4M120.3M156.8M68.1M78.3M75.0M
Total Current Assets1.9B2.4B2.4B3.4B3.7B2.3B
Non Current Assets Total1.9B2.2B2.1B2.0B2.4B1.8B
Non Currrent Assets Other5.9M35.3M844.2M735.3M715.9M366.0M
Non Current Liabilities Total614.7M49.9M88.9M100.8M147.1M181.2M
Short Long Term Debt19.5M28.5M405.9M665.7M1.2B1.2B
Net Invested Capital2.6B2.6B3.0B3.4B4.0B2.9B
Net Working Capital820.9M586.6M707.3M867.6M562.4M697.6M

Currently Active Assets on Macroaxis

Other Information on Investing in Linewell Stock

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