Linc Depreciation And Amortization vs Total Current Assets Analysis

LINC Stock   146.78  1.67  1.12%   
Linc financial indicator trend analysis is infinitely more than just investigating Linc Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Linc Limited is a good investment. Please check the relationship between Linc Depreciation And Amortization and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linc Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Depreciation And Amortization vs Total Current Assets

Depreciation And Amortization vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Linc Limited Depreciation And Amortization account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Linc's Depreciation And Amortization and Total Current Assets is 0.77. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Linc Limited, assuming nothing else is changed. The correlation between historical values of Linc's Depreciation And Amortization and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Linc Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Depreciation And Amortization i.e., Linc's Depreciation And Amortization and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Linc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Linc Limited 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linc Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 563.9 M in 2025. Tax Provision is likely to gain to about 141.7 M in 2025
 2022 2023 2024 2025 (projected)
Interest Expense6.4M25.7M29.6M29.3M
Depreciation And Amortization141.1M149.8M172.3M86.4M

Linc fundamental ratios Correlations

-0.01-0.030.550.810.8-0.170.710.820.610.83-0.160.610.760.70.350.920.55-0.220.670.960.670.08-0.410.530.11
-0.01-0.030.55-0.28-0.20.97-0.45-0.36-0.3-0.13-0.18-0.360.4-0.120.510.050.42-0.070.690.11-0.130.330.86-0.560.65
-0.03-0.030.09-0.05-0.08-0.05-0.24-0.050.13-0.110.230.090.160.09-0.130.17-0.38-0.310.020.090.1-0.440.1-0.09-0.37
0.550.550.090.280.30.450.060.230.160.35-0.140.110.870.650.030.660.44-0.190.840.690.650.230.22-0.090.33
0.81-0.28-0.050.280.98-0.480.90.730.850.98-0.050.850.510.670.170.750.38-0.180.380.750.64-0.13-0.680.79-0.15
0.8-0.2-0.080.30.98-0.410.860.760.870.99-0.080.860.510.590.280.730.38-0.180.460.750.56-0.15-0.60.79-0.15
-0.170.97-0.050.45-0.48-0.41-0.58-0.5-0.54-0.33-0.19-0.590.25-0.20.39-0.130.39-0.050.53-0.06-0.20.430.93-0.720.71
0.71-0.45-0.240.060.90.86-0.580.720.680.86-0.220.720.240.540.110.610.35-0.160.150.590.51-0.04-0.750.8-0.11
0.82-0.36-0.050.230.730.76-0.50.720.70.72-0.230.690.470.420.270.750.17-0.20.370.740.4-0.14-0.610.69-0.28
0.61-0.30.130.160.850.87-0.540.680.70.810.110.990.40.370.20.67-0.06-0.060.310.620.36-0.51-0.60.83-0.49
0.83-0.13-0.110.350.980.99-0.330.860.720.81-0.110.80.550.620.310.750.49-0.20.510.770.59-0.07-0.550.73-0.01
-0.16-0.180.23-0.14-0.05-0.08-0.19-0.22-0.230.11-0.110.11-0.15-0.02-0.33-0.13-0.360.01-0.28-0.15-0.02-0.56-0.050.09-0.3
0.61-0.360.090.110.850.86-0.590.720.690.990.80.110.360.370.160.66-0.06-0.060.240.610.36-0.48-0.650.87-0.5
0.760.40.160.870.510.510.250.240.470.40.55-0.150.360.670.250.830.47-0.240.860.880.690.15-0.010.110.24
0.7-0.120.090.650.670.59-0.20.540.420.370.62-0.020.370.67-0.30.710.45-0.040.40.730.990.14-0.460.320.09
0.350.51-0.130.030.170.280.390.110.270.20.31-0.330.160.25-0.30.230.42-0.120.560.3-0.330.130.330.030.35
0.920.050.170.660.750.73-0.130.610.750.670.75-0.130.660.830.710.230.33-0.220.70.970.69-0.11-0.330.49-0.05
0.550.42-0.380.440.380.380.390.350.17-0.060.49-0.36-0.060.470.450.420.33-0.160.580.490.40.740.11-0.030.74
-0.22-0.07-0.31-0.19-0.18-0.18-0.05-0.16-0.2-0.06-0.20.01-0.06-0.24-0.04-0.12-0.22-0.16-0.23-0.23-0.04-0.08-0.06-0.07-0.05
0.670.690.020.840.380.460.530.150.370.310.51-0.280.240.860.40.560.70.58-0.230.760.390.210.320.00.42
0.960.110.090.690.750.75-0.060.590.740.620.77-0.150.610.880.730.30.970.49-0.230.760.710.06-0.30.450.08
0.67-0.130.10.650.640.56-0.20.510.40.360.59-0.020.360.690.99-0.330.690.4-0.040.390.710.12-0.470.310.07
0.080.33-0.440.23-0.13-0.150.43-0.04-0.14-0.51-0.07-0.56-0.480.150.140.13-0.110.74-0.080.210.060.120.24-0.380.7
-0.410.860.10.22-0.68-0.60.93-0.75-0.61-0.6-0.55-0.05-0.65-0.01-0.460.33-0.330.11-0.060.32-0.3-0.470.24-0.780.51
0.53-0.56-0.09-0.090.790.79-0.720.80.690.830.730.090.870.110.320.030.49-0.03-0.070.00.450.31-0.38-0.78-0.58
0.110.65-0.370.33-0.15-0.150.71-0.11-0.28-0.49-0.01-0.3-0.50.240.090.35-0.050.74-0.050.420.080.070.70.51-0.58
Click cells to compare fundamentals

Linc Account Relationship Matchups

Linc fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.0B2.0B2.4B3.1B3.6B2.0B
Short Long Term Debt Total92.1M34.6M9.7M259.3M233.3M257.5M
Other Current Liab93.4M81.6M100.4M128.4M147.7M120.1M
Total Current Liabilities590.2M531.7M544.7M784.5M902.2M686.7M
Total Stockholder Equity1.3B1.4B1.8B2.0B2.4B2.5B
Property Plant And Equipment Net709.8M811.2M889.9M1.3B1.5B1.5B
Net Debt90.7M33.7M(66.3M)113.7M102.3M97.2M
Retained Earnings125.8M152.3M196.0M152.7M175.5M184.3M
Accounts Payable384.8M402.4M393.6M581.1M668.2M335.6M
Cash1.4M917K76.0M145.6M167.4M175.8M
Non Current Assets Total869.3M876.4M979.1M1.4B1.6B1.6B
Non Currrent Assets Other1K30.6M50.0M27.9M25.1M26.4M
Cash And Short Term Investments1.4M2.1M127.8M153.9M177.0M185.9M
Net Receivables386.6M341.3M386.4M528.8M608.2M442.2M
Liabilities And Stockholders Equity2.0B2.0B2.4B3.1B3.6B2.0B
Non Current Liabilities Total67.3M55.9M57.6M253.2M227.9M138.2M
Inventory626.1M646.1M789.5M960.8M1.1B759.7M
Other Current Assets148.8M148.7M96.4M105.0M120.8M104.9M
Total Liab657.5M587.6M602.3M1.0B1.2B876.7M
Total Current Assets1.1B1.1B1.4B1.7B2.0B1.3B
Current Deferred Revenue78.8M54.3M56.0M428K492.2K467.6K
Short Term Debt88.1M33.3M(36.5M)75.0M67.5M64.1M
Intangible Assets755K10.2M13.9M10.8M12.4M13.1M
Other Assets167.5M158.7M54.9M50.0M45.0M42.7M
Long Term Debt Total197.5M4.0M1.3M2.6M2.3M2.2M
Property Plant Equipment785.5M709.8M811.2M889.9M1.0B774.3M
Other Liab76.1M63.3M54.6M55.0M49.5M53.7M
Net Tangible Assets1.4B1.3B1.4B1.8B2.0B1.5B
Short Term Investments1.3M1.2M51.9M46K52.9K50.3K
Net Invested Capital1.4B1.5B1.8B2.1B2.4B1.9B
Short Long Term Debt81.2M29.9M0.069.2M62.2M114.0M
Net Working Capital545.1M608.1M850.8M955.8M1.1B778.6M
Capital Lease Obligations11.0M4.7M9.7M190.1M218.6M229.6M
Property Plant And Equipment Gross1.2B1.5B889.9M1.2B1.1B957.6M

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