Lamb Weston Total Liabilities vs Goodwill and Intangible Assets Analysis

LW -- USA Stock  

Earnings Call  In Two Weeks

Lamb Weston financial indicator trend analysis is infinitely more than just investigating Lamb Weston Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lamb Weston Holdings is a good investment. Please check the relationship between Lamb Weston Total Liabilities and its Goodwill and Intangible Assets accounts. Please see also Stocks Correlation.

Total Liabilities vs Goodwill and Intangible Assets

Accounts Relationship

Total Liabilities vs Goodwill and Intangible Assets

Significance: Almost Identical Trend

Total Liabilities diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Lamb Weston Holdings Total Liabilities account and Goodwill and Intangible Assets

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liabilities

Deferred Income Tax is recorded on Lamb Weston Holdings balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Lamb Weston books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are [Debt]; [DeferredRev]; [Payables];[Deposits]; and [TaxLiabilities].

Goodwill and Intangible Assets

A component of [Assets] representing the carrying amounts of all intangible assets and goodwill as of the balance sheet date; net of accumulated amortization and impairment charges.
Search macroaxis.com