Lsb Other Current Assets vs Total Current Liabilities Analysis

LXU Stock  USD 9.81  0.05  0.51%   
Lsb Industries financial indicator trend analysis is infinitely more than just investigating Lsb Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lsb Industries is a good investment. Please check the relationship between Lsb Industries Other Current Assets and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lsb Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Lsb Stock please use our How to Invest in Lsb Industries guide.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lsb Industries Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lsb Industries' Other Current Assets and Total Current Liabilities is -0.13. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Lsb Industries, assuming nothing else is changed. The correlation between historical values of Lsb Industries' Other Current Assets and Total Current Liabilities 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 Current Assets of Lsb Industries are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Lsb Industries' Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Liabilities

Total Current Liabilities is an item on Lsb Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lsb Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Lsb Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lsb Industries 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 Lsb Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Lsb Stock please use our How to Invest in Lsb Industries guide.At this time, Lsb Industries' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 11 M in 2024, whereas Enterprise Value Multiple is likely to drop 5.80 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses37.9M40.0M36.6M50.4M
Cost Of Revenue417.3M553.3M507.4M367.6M

Lsb Industries fundamental ratios Correlations

0.92-0.050.660.90.870.860.440.210.93-0.240.510.160.690.940.22-0.170.470.960.870.380.810.31-0.610.760.53
0.92-0.250.490.690.780.970.170.10.84-0.150.560.030.750.990.1-0.20.250.980.80.390.820.14-0.410.730.36
-0.05-0.250.250.130.01-0.340.260.360.090.27-0.490.26-0.6-0.20.23-0.170.35-0.15-0.05-0.330.050.580.07-0.220.14
0.660.490.250.680.480.340.580.580.54-0.020.340.660.220.490.72-0.130.60.590.330.60.720.63-0.490.440.95
0.90.690.130.680.890.650.530.130.91-0.410.240.230.480.710.18-0.170.680.750.80.210.670.46-0.750.650.56
0.870.780.010.480.890.820.17-0.190.97-0.550.09-0.070.460.76-0.14-0.30.520.760.87-0.030.720.44-0.650.60.34
0.860.97-0.340.340.650.820.01-0.160.85-0.280.42-0.160.720.93-0.11-0.270.20.910.810.210.760.1-0.380.660.21
0.440.170.260.580.530.170.010.590.270.020.440.370.190.280.610.020.380.340.240.480.170.34-0.220.130.56
0.210.10.360.580.13-0.19-0.160.59-0.060.490.510.720.120.170.810.270.210.24-0.060.670.190.18-0.110.250.58
0.930.840.090.540.910.970.850.27-0.06-0.370.16-0.020.480.84-0.03-0.320.510.850.880.050.780.43-0.580.630.37
-0.24-0.150.27-0.02-0.41-0.55-0.280.020.49-0.370.130.2-0.15-0.120.410.2-0.35-0.11-0.340.18-0.06-0.180.52-0.140.0
0.510.56-0.490.340.240.090.420.440.510.160.130.240.830.620.450.3-0.070.620.370.820.33-0.3-0.230.560.38
0.160.030.260.660.23-0.07-0.160.370.72-0.020.20.240.020.010.70.140.580.1-0.20.550.140.29-0.30.250.66
0.690.75-0.60.220.480.460.720.190.120.48-0.150.830.020.780.10.190.050.760.690.550.45-0.38-0.510.810.21
0.940.99-0.20.490.710.760.930.280.170.84-0.120.620.010.780.14-0.150.240.990.850.410.790.12-0.420.740.36
0.220.10.230.720.18-0.14-0.110.610.81-0.030.410.450.70.10.14-0.110.240.22-0.110.720.320.24-0.090.20.75
-0.17-0.2-0.17-0.13-0.17-0.3-0.270.020.27-0.320.20.30.140.19-0.15-0.11-0.17-0.15-0.090.22-0.25-0.36-0.220.17-0.01
0.470.250.350.60.680.520.20.380.210.51-0.35-0.070.580.050.240.24-0.170.30.280.190.330.52-0.510.290.51
0.960.98-0.150.590.750.760.910.340.240.85-0.110.620.10.760.990.22-0.150.30.830.460.820.19-0.460.750.46
0.870.8-0.050.330.80.870.810.24-0.060.88-0.340.37-0.20.690.85-0.11-0.090.280.830.060.660.16-0.60.70.23
0.380.39-0.330.60.21-0.030.210.480.670.050.180.820.550.550.410.720.220.190.460.060.37-0.07-0.220.430.66
0.810.820.050.720.670.720.760.170.190.78-0.060.330.140.450.790.32-0.250.330.820.660.370.42-0.440.660.59
0.310.140.580.630.460.440.10.340.180.43-0.18-0.30.29-0.380.120.24-0.360.520.190.16-0.070.42-0.12-0.150.57
-0.61-0.410.07-0.49-0.75-0.65-0.38-0.22-0.11-0.580.52-0.23-0.3-0.51-0.42-0.09-0.22-0.51-0.46-0.6-0.22-0.44-0.12-0.77-0.47
0.760.73-0.220.440.650.60.660.130.250.63-0.140.560.250.810.740.20.170.290.750.70.430.66-0.15-0.770.34
0.530.360.140.950.560.340.210.560.580.370.00.380.660.210.360.75-0.010.510.460.230.660.590.57-0.470.34
Click cells to compare fundamentals

Lsb Industries Account Relationship Matchups

Lsb Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B1.4B1.4B1.5B
Short Long Term Debt Total480.4M517.6M559.9M743.3M620.0M651.0M
Other Current Liab22.0M30.4M33.3M(25.0M)22.2M28.9M
Total Current Liabilities103.3M107.3M104.9M142.3M118.5M100.0M
Total Stockholder Equity482.2M421.7M460.5M515.9M518.3M544.2M
Property Plant And Equipment Net951.8M917.6M885.8M871.3M860.2M903.2M
Net Debt457.6M501.3M477.8M679.5M519.0M544.9M
Retained Earnings57.6M(41.5M)(31.3M)199.1M227.0M238.4M
Cash22.8M16.3M82.1M63.8M101.0M106.1M
Non Current Assets Total957.6M923.7M889.7M873.2M954.9M1.0B
Non Currrent Assets Other(35.7M)(30.9M)(26.6M)(63.5M)1.3M1.2M
Cash And Short Term Investments22.8M16.3M82.1M394.3M308.5M323.9M
Net Receivables39.9M42.6M86.4M74.8M40.4M58.3M
Common Stock Shares Outstanding36.5M36.7M50.0M86.0M75.1M78.9M
Liabilities And Stockholders Equity1.1B1.1B1.1B1.4B1.4B1.5B
Non Current Liabilities Total503.0M524.3M567.4M781.6M754.8M792.5M
Inventory48M51.6M58.1M71.7M70.7M59.4M
Other Stockholder Equity183.6M185.0M482.6M307.7M282.2M182.0M
Total Liab606.3M631.6M672.4M923.9M873.3M917.0M
Property Plant And Equipment Gross951.8M917.6M885.8M871.3M1.5B1.5B
Total Current Assets130.9M129.6M243.1M566.6M436.7M218.5M
Short Term Debt19.3M30.4M22.2M25.7M28.0M21.0M
Intangible Assets5.8M6.1M3.9M1.9M1.3M1.2M
Accounts Payable58.5M46.6M49.5M78.2M68.3M46.7M
Other Liab41.9M37.0M29.7M64.0M73.6M77.3M
Long Term Debt449.6M467.4M518.2M702.7M575.9M298.6M
Treasury Stock(13.3M)(13.2M)(10.5M)(189.5M)(170.6M)(162.0M)
Property Plant Equipment936.5M891.2M858.5M871.3M1.0B1.1B
Net Tangible Assets496.8M444.7M483.1M531.3M611.0M531.6M
Retained Earnings Total Equity57.6M(41.5M)(31.3M)199.1M179.2M138.4M
Long Term Debt Total449.6M467.4M518.2M702.7M808.1M449.0M

Pair Trading with Lsb Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lsb Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lsb Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lsb Stock

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Moving against Lsb Stock

  0.69X United States SteelPairCorr
  0.44RS Reliance Steel Aluminum Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Lsb Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lsb Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lsb Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lsb Industries to buy it.
The correlation of Lsb Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lsb Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lsb Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lsb Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Lsb Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Lsb Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lsb Industries Stock. Highlighted below are key reports to facilitate an investment decision about Lsb Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lsb Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Lsb Stock please use our How to Invest in Lsb Industries guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Lsb Industries' price analysis, check to measure Lsb Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lsb Industries is operating at the current time. Most of Lsb Industries' value examination focuses on studying past and present price action to predict the probability of Lsb Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lsb Industries' price. Additionally, you may evaluate how the addition of Lsb Industries to your portfolios can decrease your overall portfolio volatility.
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Is Lsb Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lsb Industries. If investors know Lsb will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lsb Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Earnings Share
0.24
Revenue Per Share
7.466
Quarterly Revenue Growth
(0.24)
Return On Assets
0.015
The market value of Lsb Industries is measured differently than its book value, which is the value of Lsb that is recorded on the company's balance sheet. Investors also form their own opinion of Lsb Industries' value that differs from its market value or its book value, called intrinsic value, which is Lsb Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lsb Industries' market value can be influenced by many factors that don't directly affect Lsb Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lsb Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lsb Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lsb Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.