Styrenix Net Debt vs Capital Lease Obligations Analysis

STYRENIX

2,522 4.80 0.19%

Styrenix Performance financial indicator trend analysis is much more than just breaking down Styrenix Performance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Styrenix Performance is a good investment. Please check the relationship between Styrenix Performance Net Debt and its Capital Lease Obligations accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Styrenix Performance Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Debt vs Capital Lease Obligations

Net Debt vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Styrenix Performance Net Debt account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong relationship.

The correlation between Styrenix Performance's Net Debt and Capital Lease Obligations is 0.6. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Styrenix Performance Materials, assuming nothing else is changed. The correlation between historical values of Styrenix Performance's Net Debt and Capital Lease Obligations 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 Debt of Styrenix Performance Materials are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Net Debt i.e., Styrenix Performance's Net Debt and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Capital Lease Obligations

Styrenix Performance capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Styrenix Performance asset purchases. For example, Styrenix Performance can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Styrenix Performance control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most indicators from Styrenix Performance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Styrenix Performance 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Styrenix Performance Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

The Styrenix Performance's current Tax Provision is estimated to increase to about 758.6 M, while Selling General Administrative is projected to decrease to under 365.5 M.

	2021	2023	2024 (projected)
Interest Expense	73.9M	47.9M	80.3M
Interest Income	66.7M	76.7M	47.0M

Interest Expense Interest Income

Styrenix Performance fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Non Currrent Assets Other	Short Term Investments	Other Current Assets	Non Current Liabilities Other
Total Assets		0.84	0.78	0.91	-0.65	0.98	0.95	0.89	-0.96	-0.92	0.98	-0.65	-0.92	-0.89	0.92	0.61	-0.09	-0.94	0.98	-0.65	0.91	0.69	0.22	-0.84	-0.65
Other Current Liab	0.84		0.89	0.61	-0.79	0.78	0.88	0.63	-0.88	-0.84	0.81	-0.79	-0.88	-0.95	0.88	0.8	-0.55	-0.81	0.82	-0.79	0.63	0.94	0.42	-0.95	-0.79
Total Current Liabilities	0.78	0.89		0.46	-0.51	0.73	0.9	0.52	-0.78	-0.72	0.77	-0.51	-0.82	-0.94	0.86	0.94	-0.52	-0.69	0.78	-0.51	0.51	0.85	0.64	-0.84	-0.51
Total Stockholder Equity	0.91	0.61	0.46		-0.53	0.94	0.79	0.97	-0.88	-0.88	0.92	-0.53	-0.82	-0.67	0.77	0.22	0.25	-0.92	0.91	-0.53	0.99	0.39	-0.16	-0.68	-0.53
Net Debt	-0.65	-0.79	-0.51	-0.53		-0.53	-0.53	-0.43	0.63	0.59	-0.53	1.0	0.56	0.6	-0.62	-0.5	0.57	0.56	-0.54	1.0	-0.46	-0.78	-0.17	0.7	1.0
Retained Earnings	0.98	0.78	0.73	0.94	-0.53		0.95	0.95	-0.97	-0.95	1.0	-0.53	-0.94	-0.87	0.91	0.51	0.04	-0.97	1.0	-0.53	0.96	0.58	0.1	-0.83	-0.53
Accounts Payable	0.95	0.88	0.9	0.79	-0.53	0.95		0.84	-0.97	-0.94	0.97	-0.53	-0.98	-0.97	0.97	0.72	-0.2	-0.93	0.97	-0.53	0.83	0.72	0.3	-0.91	-0.53
Cash	0.89	0.63	0.52	0.97	-0.43	0.95	0.84		-0.92	-0.94	0.95	-0.43	-0.88	-0.73	0.82	0.24	0.25	-0.96	0.94	-0.43	0.99	0.37	-0.19	-0.74	-0.43
Non Current Assets Total	-0.96	-0.88	-0.78	-0.88	0.63	-0.97	-0.97	-0.92		0.99	-0.98	0.63	0.99	0.93	-0.96	-0.57	0.14	0.99	-0.98	0.63	-0.91	-0.69	-0.11	0.93	0.63
Long Term Debt	-0.92	-0.84	-0.72	-0.88	0.59	-0.95	-0.94	-0.94	0.99		-0.97	0.59	0.98	0.9	-0.94	-0.48	0.09	0.99	-0.96	0.59	-0.91	-0.62	0.01	0.93	0.59
Net Receivables	0.98	0.81	0.77	0.92	-0.53	1.0	0.97	0.95	-0.98	-0.97		-0.53	-0.97	-0.9	0.93	0.54	-0.01	-0.98	1.0	-0.53	0.94	0.61	0.12	-0.86	-0.53
Common Stock Shares Outstanding	-0.65	-0.79	-0.51	-0.53	1.0	-0.53	-0.53	-0.43	0.63	0.59	-0.53		0.56	0.6	-0.62	-0.5	0.57	0.56	-0.54	1.0	-0.46	-0.78	-0.17	0.7	1.0
Non Current Liabilities Total	-0.92	-0.88	-0.82	-0.82	0.56	-0.94	-0.98	-0.88	0.99	0.98	-0.97	0.56		0.95	-0.97	-0.6	0.18	0.97	-0.96	0.56	-0.86	-0.67	-0.12	0.96	0.56
Capital Lease Obligations	-0.89	-0.95	-0.94	-0.67	0.6	-0.87	-0.97	-0.73	0.93	0.9	-0.9	0.6	0.95		-0.95	-0.8	0.39	0.88	-0.9	0.6	-0.72	-0.84	-0.4	0.95	0.6
Inventory	0.92	0.88	0.86	0.77	-0.62	0.91	0.97	0.82	-0.96	-0.94	0.93	-0.62	-0.97	-0.95		0.68	-0.3	-0.91	0.93	-0.62	0.79	0.7	0.18	-0.95	-0.62
Total Liab	0.61	0.8	0.94	0.22	-0.5	0.51	0.72	0.24	-0.57	-0.48	0.54	-0.5	-0.6	-0.8	0.68		-0.69	-0.44	0.56	-0.5	0.25	0.87	0.82	-0.67	-0.5
Net Invested Capital	-0.09	-0.55	-0.52	0.25	0.57	0.04	-0.2	0.25	0.14	0.09	-0.01	0.57	0.18	0.39	-0.3	-0.69		-0.01	-0.01	0.57	0.27	-0.69	-0.55	0.43	0.57
Short Long Term Debt	-0.94	-0.81	-0.69	-0.92	0.56	-0.97	-0.93	-0.96	0.99	0.99	-0.98	0.56	0.97	0.88	-0.91	-0.44	-0.01		-0.97	0.56	-0.95	-0.58	0.01	0.89	0.56
Total Current Assets	0.98	0.82	0.78	0.91	-0.54	1.0	0.97	0.94	-0.98	-0.96	1.0	-0.54	-0.96	-0.9	0.93	0.56	-0.01	-0.97		-0.54	0.94	0.63	0.15	-0.85	-0.54
Capital Stock	-0.65	-0.79	-0.51	-0.53	1.0	-0.53	-0.53	-0.43	0.63	0.59	-0.53	1.0	0.56	0.6	-0.62	-0.5	0.57	0.56	-0.54		-0.46	-0.78	-0.17	0.7	1.0
Net Working Capital	0.91	0.63	0.51	0.99	-0.46	0.96	0.83	0.99	-0.91	-0.91	0.94	-0.46	-0.86	-0.72	0.79	0.25	0.27	-0.95	0.94	-0.46		0.39	-0.14	-0.71	-0.46
Non Currrent Assets Other	0.69	0.94	0.85	0.39	-0.78	0.58	0.72	0.37	-0.69	-0.62	0.61	-0.78	-0.67	-0.84	0.7	0.87	-0.69	-0.58	0.63	-0.78	0.39		0.65	-0.79	-0.78
Short Term Investments	0.22	0.42	0.64	-0.16	-0.17	0.1	0.3	-0.19	-0.11	0.01	0.12	-0.17	-0.12	-0.4	0.18	0.82	-0.55	0.01	0.15	-0.17	-0.14	0.65		-0.18	-0.17
Other Current Assets	-0.84	-0.95	-0.84	-0.68	0.7	-0.83	-0.91	-0.74	0.93	0.93	-0.86	0.7	0.96	0.95	-0.95	-0.67	0.43	0.89	-0.85	0.7	-0.71	-0.79	-0.18		0.7
Non Current Liabilities Other	-0.65	-0.79	-0.51	-0.53	1.0	-0.53	-0.53	-0.43	0.63	0.59	-0.53	1.0	0.56	0.6	-0.62	-0.5	0.57	0.56	-0.54	1.0	-0.46	-0.78	-0.17	0.7

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Other Information on Investing in Styrenix Stock

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

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Styrenix Net Debt vs Capital Lease Obligations Analysis

Net Debt vs Capital Lease Obligations

Net Debt vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Net Debt

Capital Lease Obligations

Styrenix Performance fundamental ratios Correlations

Styrenix Performance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Styrenix Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Shares Outstanding	+ 1.0	Net Debt
Capital Stock	+ 1.0	Net Debt
Non Current Liabilities Other	+ 1.0	Net Debt
Net Receivables	+ 1.0	Retained Earnings
Total Current Assets	+ 1.0	Retained Earnings
Total Current Assets	+ 1.0	Net Receivables

Short Long Term Debt	- 0.98	Net Receivables
Total Current Assets	- 0.98	Non Current Assets Total
Net Receivables	- 0.98	Non Current Assets Total
Non Current Liabilities Total	- 0.98	Accounts Payable
Total Current Assets	- 0.97	Short Long Term Debt
Inventory	- 0.97	Non Current Liabilities Total