Styrenix Non Current Assets Total vs Long Term Debt 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 Non Current Assets Total and its Long Term Debt 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.

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Styrenix Performance Non Current Assets Total account and Long Term Debt. At this time, the significance of the direction appears to have totally related.

The correlation between Styrenix Performance's Non Current Assets Total and Long Term Debt is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt 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 Non Current Assets Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Styrenix Performance Materials are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Styrenix Performance's Non Current Assets Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that Styrenix Performance has held for over one year. Long-term debt appears on Styrenix Performance Materials balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Styrenix Performance Materials balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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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Styrenix Performance Account Relationship Matchups

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TITAN	Titan Company Limited
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PAYC	Paycom Soft

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 Non Current Assets Total vs Long Term Debt Analysis

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Long Term Debt

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