Sumitomo Other Liab vs Other Current Liab Analysis

SUMICHEM   460.60  14.00  2.95%   
Sumitomo Chemical financial indicator trend analysis is much more than just breaking down Sumitomo Chemical India prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sumitomo Chemical India is a good investment. Please check the relationship between Sumitomo Chemical Other Liab and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Chemical India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Other Liab vs Other Current Liab

Other Liab vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sumitomo Chemical India Other Liab account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sumitomo Chemical's Other Liab and Other Current Liab is 0.39. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Sumitomo Chemical India, assuming nothing else is changed. The correlation between historical values of Sumitomo Chemical's Other Liab and Other Current Liab 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 Liab of Sumitomo Chemical India are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Liab i.e., Sumitomo Chemical's Other Liab and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Liab

Other Current Liab

Most indicators from Sumitomo Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sumitomo Chemical India 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 Sumitomo Chemical India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Selling General Administrative is expected to grow to about 3 B, whereas Tax Provision is forecasted to decline to about 1.1 B.
 2022 2023 2024 2025 (projected)
Interest Expense53.9M56.9M65.5M40.7M
Depreciation And Amortization518.8M621.9M715.2M381.8M

Sumitomo Chemical fundamental ratios Correlations

0.920.920.990.990.360.770.850.040.930.190.840.93-0.330.850.980.90.530.770.931.00.950.510.230.910.57
0.920.960.880.890.150.570.860.280.780.170.740.95-0.260.840.920.920.410.580.960.940.950.660.030.980.39
0.920.960.860.910.140.730.970.290.780.040.680.98-0.280.750.930.970.30.551.00.940.890.550.10.920.33
0.990.880.860.980.430.750.77-0.050.950.240.860.87-0.340.860.960.850.60.820.870.980.930.470.270.870.63
0.990.890.910.980.420.80.86-0.030.910.150.820.92-0.330.80.990.890.560.770.920.990.920.410.310.890.52
0.360.150.140.430.420.410.09-0.880.5-0.040.40.23-0.320.330.340.280.310.560.150.320.23-0.140.280.250.28
0.770.570.730.750.80.410.79-0.130.79-0.220.570.72-0.330.430.790.750.220.610.740.750.570.040.310.530.42
0.850.860.970.770.860.090.790.310.71-0.030.580.95-0.270.620.880.940.20.490.970.860.790.420.180.820.23
0.040.280.29-0.05-0.03-0.88-0.130.31-0.150.150.00.20.00.00.060.13-0.16-0.20.280.080.190.35-0.130.19-0.13
0.930.780.780.950.910.50.790.71-0.150.20.790.81-0.350.750.90.780.40.790.80.90.860.360.320.790.56
0.190.170.040.240.15-0.04-0.22-0.030.150.20.440.04-0.310.30.16-0.030.30.350.050.180.370.350.410.230.36
0.840.740.680.860.820.40.570.580.00.790.440.68-0.690.760.810.660.660.940.690.830.810.390.390.770.71
0.930.950.980.870.920.230.720.950.20.810.040.68-0.270.770.930.960.340.60.980.940.910.490.180.930.27
-0.33-0.26-0.28-0.34-0.33-0.32-0.33-0.270.0-0.35-0.31-0.69-0.27-0.2-0.33-0.25-0.22-0.69-0.28-0.32-0.340.08-0.48-0.35-0.39
0.850.840.750.860.80.330.430.620.00.750.30.760.77-0.20.770.810.660.680.760.860.820.79-0.090.810.62
0.980.920.930.960.990.340.790.880.060.90.160.810.93-0.330.770.90.490.720.940.990.940.430.280.910.51
0.90.920.970.850.890.280.750.940.130.78-0.030.660.96-0.250.810.90.310.560.970.920.830.6-0.010.870.37
0.530.410.30.60.560.310.220.2-0.160.40.30.660.34-0.220.660.490.310.690.320.550.480.30.210.420.66
0.770.580.550.820.770.560.610.49-0.20.790.350.940.6-0.690.680.720.560.690.570.750.690.180.530.640.64
0.930.961.00.870.920.150.740.970.280.80.050.690.98-0.280.760.940.970.320.570.940.90.540.110.920.35
1.00.940.940.980.990.320.750.860.080.90.180.830.94-0.320.860.990.920.550.750.940.950.530.210.920.56
0.950.950.890.930.920.230.570.790.190.860.370.810.91-0.340.820.940.830.480.690.90.950.550.270.970.45
0.510.660.550.470.41-0.140.040.420.350.360.350.390.490.080.790.430.60.30.180.540.530.55-0.480.560.44
0.230.030.10.270.310.280.310.18-0.130.320.410.390.18-0.48-0.090.28-0.010.210.530.110.210.27-0.480.16-0.01
0.910.980.920.870.890.250.530.820.190.790.230.770.93-0.350.810.910.870.420.640.920.920.970.560.160.34
0.570.390.330.630.520.280.420.23-0.130.560.360.710.27-0.390.620.510.370.660.640.350.560.450.44-0.010.34
Click cells to compare fundamentals

Sumitomo Chemical Account Relationship Matchups

Sumitomo Chemical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets26.7B30.1B33.7B33.1B38.1B23.9B
Other Current Liab4.2B4.2B3.8B3.1B3.6B2.9B
Total Current Liabilities10.8B10.2B9.3B8.0B9.2B8.2B
Total Stockholder Equity15.4B19.3B23.8B24.4B28.1B15.3B
Property Plant And Equipment Net3.1B4.1B4.8B5.0B5.7B3.3B
Net Debt(1.8B)(196.6M)(129.2M)(163.9M)(188.5M)(197.9M)
Retained Earnings1.5B1.6B1.7B2.3B2.6B1.8B
Accounts Payable5.9B5.2B4.9B4.3B4.9B4.7B
Cash2.1B572.5M468.9M466.4M536.3M844.4M
Non Current Assets Total3.7B4.9B5.8B6.4B7.4B4.4B
Non Currrent Assets Other175.7M95.3M86.9M543.5M625.0M656.3M
Cash And Short Term Investments5.3B5.8B8.3B10.3B11.8B12.4B
Net Receivables8.6B8.5B9.5B7.2B8.3B7.2B
Short Term Investments3.2B5.2B7.8B3.5B4.0B2.5B
Liabilities And Stockholders Equity26.7B30.1B33.7B33.1B38.1B23.9B
Non Current Liabilities Total495.8M609.7M539.3M680.2M782.3M428.6M
Inventory7.5B9.4B8.9B6.1B7.0B6.8B
Other Current Assets1.7B1.6B3.8B3.1B3.6B2.0B
Total Liab11.3B10.8B9.9B8.7B10.0B8.6B
Total Current Assets23.0B25.2B27.9B26.7B30.7B19.5B
Accumulated Other Comprehensive Income6.6B10.3B14.8B67.9M78.1M74.1M
Current Deferred Revenue3.6B4.1B3.8B434.3M499.4M474.4M
Short Term Debt(372.3M)(573.8M)(276.0M)117.4M105.6M110.9M
Short Long Term Debt Total326.4M375.8M339.7M302.5M347.9M314.1M
Other Liab302.3M251.4M342.4M362.5M416.9M348.5M
Net Tangible Assets10.4B12.2B15.3B19.1B22.0B14.6B
Other Assets321.2M425.6M385.7M435.9M501.3M417.6M
Long Term Debt Total194M153.3M247.2M177.5M204.1M141.5M
Deferred Long Term Liab18.0M14.4M5.0M6.7M6.0M9.0M
Net Invested Capital15.4B19.3B23.8B24.4B28.1B18.1B
Net Working Capital12.3B15.0B18.5B18.7B21.5B13.8B
Intangible Assets105.7M184.6M215.5M247.7M284.8M147.7M
Property Plant Equipment3.2B3.1B4.1B4.8B5.5B3.8B
Capital Lease Obligations326.4M375.8M339.7M297.4M267.7M271.2M
Property Plant And Equipment Gross4.6B5.9B4.8B5.0B5.7B5.4B

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Other Information on Investing in Sumitomo Stock

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