Sumitomo Total Stockholder Equity vs Other Liab Analysis

SUMICHEM   551.65  17.00  3.18%   
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 Total Stockholder Equity and its Other 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.

Total Stockholder Equity vs Other Liab

Total Stockholder Equity vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sumitomo Chemical India Total Stockholder Equity account and Other Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sumitomo Chemical's Total Stockholder Equity and Other Liab is 0.57. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other 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 Total Stockholder Equity and Other 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 Total Stockholder Equity of Sumitomo Chemical India are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Stockholder Equity i.e., Sumitomo Chemical's Total Stockholder Equity and Other Liab go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other 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 2.6 B, whereas Tax Provision is forecasted to decline to about 1.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense47.2M53.9M56.9M40.7M
Depreciation And Amortization448.1M518.8M621.9M381.8M

Sumitomo Chemical fundamental ratios Correlations

0.930.930.990.980.30.720.830.120.920.10.830.94-0.360.850.980.930.570.660.941.00.940.590.110.910.49
0.930.960.870.890.130.580.860.30.78-0.020.70.94-0.250.780.920.930.620.420.960.940.910.610.030.970.24
0.930.960.870.920.080.710.950.340.78-0.020.680.98-0.260.740.950.970.590.431.00.950.870.580.110.920.25
0.990.870.870.970.370.690.750.020.940.150.850.88-0.390.870.950.880.540.720.880.980.930.580.110.870.57
0.980.890.920.970.360.760.850.050.890.060.790.94-0.370.80.990.920.610.650.930.980.910.490.240.880.44
0.30.130.080.370.360.360.08-0.870.45-0.10.340.18-0.380.290.270.240.370.450.10.250.18-0.140.310.20.25
0.720.580.710.690.760.360.83-0.080.74-0.350.480.73-0.340.370.740.740.690.380.710.690.50.070.510.470.32
0.830.860.950.750.850.080.830.310.68-0.240.520.94-0.230.540.870.920.680.30.940.840.70.350.320.770.1
0.120.30.340.020.05-0.87-0.080.31-0.10.190.080.240.040.040.150.16-0.12-0.120.330.160.230.34-0.190.25-0.13
0.920.780.780.940.890.450.740.68-0.10.110.750.81-0.40.740.870.80.520.70.790.880.850.440.190.770.48
0.1-0.02-0.020.150.06-0.1-0.35-0.240.190.110.38-0.02-0.30.250.07-0.08-0.690.54-0.020.10.320.37-0.270.170.32
0.830.70.680.850.790.340.480.520.080.750.380.67-0.740.790.780.670.350.890.690.820.820.50.090.760.7
0.940.940.980.880.940.180.730.940.240.81-0.020.67-0.260.740.950.960.610.490.980.950.870.510.220.90.19
-0.36-0.25-0.26-0.39-0.37-0.38-0.34-0.230.04-0.4-0.3-0.74-0.26-0.2-0.37-0.24-0.2-0.71-0.27-0.35-0.380.1-0.44-0.35-0.42
0.850.780.740.870.80.290.370.540.040.740.250.790.74-0.20.770.80.350.670.740.860.80.84-0.290.790.58
0.980.920.950.950.990.270.740.870.150.870.070.780.95-0.370.770.930.580.580.960.980.930.510.20.910.43
0.930.930.970.880.920.240.740.920.160.8-0.080.670.96-0.240.80.930.610.460.970.940.810.620.060.870.3
0.570.620.590.540.610.370.690.68-0.120.52-0.690.350.61-0.20.350.580.610.140.590.570.4-0.030.460.510.06
0.660.420.430.720.650.450.380.3-0.120.70.540.890.49-0.710.670.580.460.140.450.630.650.340.210.530.63
0.940.961.00.880.930.10.710.940.330.79-0.020.690.98-0.270.740.960.970.590.450.950.880.580.120.920.26
1.00.940.950.980.980.250.690.840.160.880.10.820.95-0.350.860.980.940.570.630.950.940.620.090.920.48
0.940.910.870.930.910.180.50.70.230.850.320.820.87-0.380.80.930.810.40.650.880.940.590.070.950.42
0.590.610.580.580.49-0.140.070.350.340.440.370.50.510.10.840.510.62-0.030.340.580.620.59-0.70.60.45
0.110.030.110.110.240.310.510.32-0.190.19-0.270.090.22-0.44-0.290.20.060.460.210.120.090.07-0.70.04-0.23
0.910.970.920.870.880.20.470.770.250.770.170.760.9-0.350.790.910.870.510.530.920.920.950.60.040.25
0.490.240.250.570.440.250.320.1-0.130.480.320.70.19-0.420.580.430.30.060.630.260.480.420.45-0.230.25
Click cells to compare fundamentals

Sumitomo Chemical Account Relationship Matchups

Sumitomo Chemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.1B26.7B30.1B33.7B33.1B23.9B
Other Current Liab3.5B4.2B4.2B3.8B3.1B3.1B
Total Current Liabilities8.4B10.8B10.2B9.3B8.0B8.2B
Total Stockholder Equity12.2B15.4B19.3B23.8B24.4B15.3B
Property Plant And Equipment Net3.2B3.1B4.1B4.8B5.0B3.3B
Net Debt(570.3M)(1.8B)(196.6M)(129.2M)(163.9M)(172.1M)
Retained Earnings1.1B1.5B1.6B1.7B2.3B1.8B
Accounts Payable4.9B5.9B5.2B4.9B4.3B4.9B
Cash926.1M2.1B572.5M468.9M466.4M844.4M
Non Current Assets Total3.6B3.7B4.9B5.8B6.4B4.4B
Non Currrent Assets Other295.9M175.7M95.3M86.9M543.5M570.7M
Cash And Short Term Investments1.8B5.3B5.8B8.3B10.3B10.8B
Net Receivables8.5B8.6B8.5B9.5B7.2B7.3B
Short Term Investments862.1M3.2B5.2B7.8B3.5B2.5B
Liabilities And Stockholders Equity21.1B26.7B30.1B33.7B33.1B23.9B
Non Current Liabilities Total445.4M495.8M609.7M539.3M680.2M428.6M
Inventory5.9B7.5B9.4B8.9B6.1B6.8B
Other Current Assets2.1B1.7B1.6B3.8B3.1B2.5B
Other Stockholder Equity(5.9B)2.4B2.4B17.1B17.1B17.9B
Total Liab8.8B11.3B10.8B9.9B8.7B8.6B
Total Current Assets17.5B23.0B25.2B27.9B26.7B19.5B
Accumulated Other Comprehensive Income(977.6M)6.6B10.3B14.8B67.9M64.5M
Current Deferred Revenue(161.8M)3.6B4.1B3.8B434.3M412.5M
Short Term Debt161.8M(372.3M)(573.8M)(276.0M)117.4M123.2M
Short Long Term Debt Total355.8M326.4M375.8M339.7M302.5M314.1M
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 Capital12.2B15.4B19.3B23.8B24.4B18.1B
Net Working Capital9.1B12.3B15.0B18.5B18.7B13.8B
Intangible Assets54.8M105.7M184.6M215.5M247.7M147.7M
Property Plant Equipment3.2B3.1B4.1B4.8B5.5B3.8B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.