LTFOODS Other Assets vs Non Current Liabilities Total Analysis

LTFOODS Stock   397.10  5.80  1.48%   
LT Foods financial indicator trend analysis is infinitely more than just investigating LT Foods Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LT Foods Limited is a good investment. Please check the relationship between LT Foods Other Assets and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LT Foods 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 persons.

Other Assets vs Non Current Liabilities Total

Other Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LT Foods Limited Other Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between LT Foods' Other Assets and Non Current Liabilities Total is -0.04. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of LT Foods Limited, assuming nothing else is changed. The correlation between historical values of LT Foods' Other Assets and Non Current Liabilities Total 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 Assets of LT Foods Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Assets i.e., LT Foods' Other Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Non Current Liabilities Total

Most indicators from LT Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LT Foods 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 LT Foods 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 persons.
Selling General Administrative is likely to drop to about 924.6 M in 2024. Tax Provision is likely to drop to about 1.1 B in 2024
 2021 2022 2023 2024 (projected)
Interest Expense521.1M821.0M829.7M1.0B
Depreciation And Amortization1.2B1.3B1.5B1.6B

LT Foods fundamental ratios Correlations

0.27-0.050.580.970.970.260.180.980.780.490.380.760.840.660.990.430.940.77-0.48-0.360.870.930.240.260.96
0.27-0.50.680.090.181.0-0.360.220.190.56-0.280.40.44-0.050.220.730.050.61-0.560.570.21-0.02-0.680.530.04
-0.05-0.50.02-0.06-0.03-0.510.69-0.05-0.090.350.590.00.09-0.18-0.05-0.32-0.09-0.04-0.350.17-0.03-0.040.27-0.22-0.06
0.580.680.020.40.450.670.290.50.290.880.420.770.80.110.550.660.330.94-0.880.480.630.33-0.320.460.36
0.970.09-0.060.40.970.080.170.970.790.30.360.670.740.730.980.290.980.63-0.29-0.560.850.980.380.151.0
0.970.18-0.030.450.970.180.120.990.830.390.290.730.830.790.950.360.940.7-0.38-0.460.870.910.360.290.96
0.261.0-0.510.670.080.18-0.380.220.190.55-0.290.390.43-0.050.210.730.050.6-0.550.560.2-0.03-0.680.530.04
0.18-0.360.690.290.170.12-0.380.14-0.030.410.860.350.28-0.140.21-0.350.10.22-0.410.060.230.240.19-0.30.19
0.980.22-0.050.50.970.990.220.140.840.420.330.760.840.750.960.40.940.73-0.41-0.410.880.910.320.290.96
0.780.19-0.090.290.790.830.19-0.030.840.270.130.570.710.680.740.350.810.51-0.27-0.360.780.670.270.170.77
0.490.560.350.880.30.390.550.410.420.270.470.650.75-0.040.460.450.230.8-1.00.570.460.24-0.350.310.26
0.38-0.280.590.420.360.29-0.290.860.330.130.470.550.430.060.4-0.190.350.41-0.46-0.020.480.430.27-0.110.35
0.760.40.00.770.670.730.390.350.760.570.650.550.890.560.710.410.630.88-0.640.020.840.60.120.530.63
0.840.440.090.80.740.830.430.280.840.710.750.430.890.590.80.540.690.93-0.740.050.890.640.10.430.7
0.66-0.05-0.180.110.730.79-0.05-0.140.750.68-0.040.060.560.590.630.20.750.420.04-0.620.740.660.620.370.72
0.990.22-0.050.550.980.950.210.210.960.740.460.40.710.80.630.370.940.74-0.45-0.410.850.960.250.180.97
0.430.73-0.320.660.290.360.73-0.350.40.350.45-0.190.410.540.20.370.270.67-0.440.360.450.15-0.280.640.26
0.940.05-0.090.330.980.940.050.10.940.810.230.350.630.690.750.940.270.58-0.22-0.590.850.950.380.090.96
0.770.61-0.040.940.630.70.60.220.730.510.80.410.880.930.420.740.670.58-0.80.210.820.55-0.090.530.59
-0.48-0.56-0.35-0.88-0.29-0.38-0.55-0.41-0.41-0.27-1.0-0.46-0.64-0.740.04-0.45-0.44-0.22-0.8-0.57-0.46-0.230.35-0.31-0.25
-0.360.570.170.48-0.56-0.460.560.06-0.41-0.360.57-0.020.020.05-0.62-0.410.36-0.590.21-0.57-0.27-0.63-0.690.24-0.59
0.870.21-0.030.630.850.870.20.230.880.780.460.480.840.890.740.850.450.850.82-0.46-0.270.780.30.290.82
0.93-0.02-0.040.330.980.91-0.030.240.910.670.240.430.60.640.660.960.150.950.55-0.23-0.630.780.420.060.98
0.24-0.680.27-0.320.380.36-0.680.190.320.27-0.350.270.120.10.620.25-0.280.38-0.090.35-0.690.30.420.030.41
0.260.53-0.220.460.150.290.53-0.30.290.170.31-0.110.530.430.370.180.640.090.53-0.310.240.290.060.030.13
0.960.04-0.060.361.00.960.040.190.960.770.260.350.630.70.720.970.260.960.59-0.25-0.590.820.980.410.13
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LT Foods Account Relationship Matchups

LT Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.2B41.2B43.6B53.2B60.4B63.5B
Short Long Term Debt Total17.6B15.7B13.2B12.2B9.2B13.2B
Other Current Liab988.6M595.0M1.1B1.2B1.9B2.0B
Total Current Liabilities17.3B17.4B17.8B20.1B21.2B14.5B
Total Stockholder Equity14.8B17.6B20.0B27.6B33.7B35.4B
Property Plant And Equipment Net8.3B8.3B8.6B9.4B11.1B11.7B
Net Debt17.5B15.5B12.9B11.9B8.7B12.9B
Cash191.4M168.5M320.6M321.5M496.1M297.0M
Non Current Assets Total11.9B11.7B11.9B13.7B16.5B17.3B
Non Currrent Assets Other2.0B2.0B2.0B679.0M2.7B2.8B
Other Assets2.3B2.3B2.3B314.5M361.6M379.7M
Cash And Short Term Investments227.5M190.8M348.2M515.1M537.2M330.8M
Net Receivables6.2B4.9B6.3B6.8B6.8B4.6B
Liabilities And Stockholders Equity38.2B41.2B43.6B53.2B60.4B63.5B
Non Current Liabilities Total4.9B4.9B4.3B5.1B5.0B3.1B
Inventory17.5B22.2B23.5B30.7B35.0B36.7B
Other Current Assets2.4B2.2B1.7B1.7B1.7B1.4B
Total Liab22.2B22.3B22.1B25.2B26.2B18.8B
Total Current Assets26.3B29.5B31.7B39.5B43.9B41.7B
Accumulated Other Comprehensive Income478.8M795.3M623.0M1.0B1.3B1.4B
Short Term Debt12.8B11.0B9.0B7.2B5.7B5.4B
Accounts Payable2.6B5.0B7.0B10.9B12.3B12.9B
Intangible Assets190.1M644.6M616.0M613.3M591.7M342.6M
Current Deferred Revenue1.5B1.1B1.6B1.2B427.6M406.2M
Retained Earnings9.6B12.0B14.6B18.0B23.8B25.0B
Good Will759.6M215.4M221.3M240.1M285.4M457.9M
Other Liab241.0M152.8M168.8M144.1M165.7M120.0M
Net Tangible Assets12.4B13.9B16.7B19.1B22.0B11.0B
Long Term Debt2.3B2.3B2.0B2.6B105.3M100.0M
Short Long Term Debt12.6B10.2B8.6B6.8B5.2B7.5B
Property Plant Equipment8.3B8.3B8.6B9.4B10.8B6.3B
Short Term Investments36.1M22.3M27.6M193.6M533K559.7K
Long Term Debt Total4.8B4.7B4.2B5.0B5.7B3.3B
Non Current Liabilities Other41.0M21.4M14.7M10.5M1.4B1.4B
Net Invested Capital29.7B30.1B30.6B36.9B39.0B35.3B

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