Lam Net Invested Capital vs Total Current Assets Analysis

LRCX Stock  USD 72.64  0.49  0.67%   
Lam Research financial indicator trend analysis is infinitely more than just investigating Lam Research Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lam Research Corp is a good investment. Please check the relationship between Lam Research Net Invested Capital and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lam Research Corp. 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.

Net Invested Capital vs Total Current Assets

Net Invested Capital vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lam Research Corp Net Invested Capital account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lam Research's Net Invested Capital and Total Current Assets is -0.22. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Lam Research Corp, assuming nothing else is changed. The correlation between historical values of Lam Research's Net Invested Capital and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Lam Research Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Invested Capital i.e., Lam Research's Net Invested Capital and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Lam Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lam Research Corp 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 Lam Research Corp. 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.
At this time, Lam Research's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 19.9 M in 2024, whereas Tax Provision is likely to drop slightly above 415.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit7.9B7.8B7.1B7.4B
Total Revenue17.2B17.4B14.9B15.7B

Lam Research fundamental ratios Correlations

0.90.80.970.890.930.040.910.90.920.920.780.870.290.910.910.87-0.830.960.99-0.10.880.35-0.260.840.29
0.90.670.850.650.80.30.80.880.730.80.820.790.20.970.770.7-0.770.960.93-0.040.80.19-0.150.680.15
0.80.670.780.680.780.010.80.690.740.830.460.740.040.750.880.61-0.780.790.79-0.410.880.06-0.430.770.03
0.970.850.780.860.910.10.90.830.870.90.710.920.280.860.910.91-0.830.940.97-0.090.890.29-0.260.840.23
0.890.650.680.860.81-0.240.760.770.90.750.740.650.490.630.760.81-0.610.730.850.110.670.59-0.10.730.53
0.930.80.780.910.81-0.020.990.820.930.980.560.80.030.860.970.86-0.950.910.89-0.270.80.15-0.50.970.07
0.040.30.010.1-0.24-0.020.01-0.17-0.070.040.010.25-0.060.260.020.12-0.10.210.08-0.020.24-0.170.32-0.04-0.13
0.910.80.80.90.760.990.010.820.880.990.530.81-0.060.870.980.84-0.980.910.88-0.340.810.04-0.530.97-0.04
0.90.880.690.830.770.82-0.170.820.760.810.840.70.20.870.790.65-0.760.890.92-0.040.710.22-0.330.720.16
0.920.730.740.870.90.93-0.070.880.760.890.590.740.280.770.880.86-0.790.830.85-0.130.760.47-0.340.870.4
0.920.80.830.90.750.980.040.990.810.890.520.84-0.060.880.990.84-0.970.920.89-0.390.860.04-0.540.96-0.03
0.780.820.460.710.740.560.010.530.840.590.520.520.540.70.490.51-0.420.730.820.360.530.480.240.40.45
0.870.790.740.920.650.80.250.810.70.740.840.520.140.860.860.85-0.80.910.88-0.360.960.14-0.360.740.11
0.290.20.040.280.490.03-0.06-0.060.20.28-0.060.540.140.06-0.040.250.220.140.280.60.120.830.58-0.130.85
0.910.970.750.860.630.860.260.870.870.770.880.70.860.060.850.72-0.870.980.92-0.280.870.09-0.340.760.05
0.910.770.880.910.760.970.020.980.790.880.990.490.86-0.040.850.84-0.960.90.88-0.390.880.04-0.560.96-0.03
0.870.70.610.910.810.860.120.840.650.860.840.510.850.250.720.84-0.760.810.83-0.140.770.31-0.260.830.25
-0.83-0.77-0.78-0.83-0.61-0.95-0.1-0.98-0.76-0.79-0.97-0.42-0.80.22-0.87-0.96-0.76-0.88-0.820.45-0.80.130.62-0.950.21
0.960.960.790.940.730.910.210.910.890.830.920.730.910.140.980.90.81-0.880.97-0.220.910.17-0.320.810.12
0.990.930.790.970.850.890.080.880.920.850.890.820.880.280.920.880.83-0.820.97-0.090.890.29-0.220.790.24
-0.1-0.04-0.41-0.090.11-0.27-0.02-0.34-0.04-0.13-0.390.36-0.360.6-0.28-0.39-0.140.45-0.22-0.09-0.410.490.71-0.340.5
0.880.80.880.890.670.80.240.810.710.760.860.530.960.120.870.880.77-0.80.910.89-0.410.14-0.340.730.12
0.350.190.060.290.590.15-0.170.040.220.470.040.480.140.830.090.040.310.130.170.290.490.140.440.010.99
-0.26-0.15-0.43-0.26-0.1-0.50.32-0.53-0.33-0.34-0.540.24-0.360.58-0.34-0.56-0.260.62-0.32-0.220.71-0.340.44-0.60.48
0.840.680.770.840.730.97-0.040.970.720.870.960.40.74-0.130.760.960.83-0.950.810.79-0.340.730.01-0.6-0.08
0.290.150.030.230.530.07-0.13-0.040.160.4-0.030.450.110.850.05-0.030.250.210.120.240.50.120.990.48-0.08
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Lam Research Account Relationship Matchups

Lam Research fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.6B15.9B17.2B18.8B18.7B19.7B
Short Long Term Debt Total5.8B5.0B5.0B5.0B5.0B5.2B
Other Current Liab1.3B1.7B2.0B4.2B1.8B1.9B
Total Current Liabilities3.2B3.5B4.6B4.2B4.3B4.6B
Total Stockholder Equity5.2B6.0B6.3B8.2B8.5B9.0B
Property Plant And Equipment Net1.1B1.3B1.6B1.9B2.2B2.3B
Net Debt895.6M583.4M1.5B(325.5M)(864.5M)(821.3M)
Retained Earnings11.5B14.7B18.5B22.0B24.8B26.1B
Cash4.9B4.4B3.5B5.3B5.8B6.1B
Non Current Assets Total3.7B4.2B4.9B5.6B5.9B6.2B
Non Currrent Assets Other981.0M1.3B1.6B1.9B1.9B2.0B
Cash And Short Term Investments6.7B5.7B3.7B5.4B5.8B6.1B
Net Receivables2.1B3.0B4.3B2.8B2.5B2.6B
Common Stock Shares Outstanding1.5B1.5B1.4B1.4B1.3B1.3B
Liabilities And Stockholders Equity14.6B15.9B17.2B18.8B18.7B19.7B
Non Current Liabilities Total6.2B6.3B6.4B6.4B5.9B6.2B
Inventory1.9B2.7B4.0B4.8B4.2B4.4B
Other Current Assets146.2M207.5M347.4M214.1M298.2M313.1M
Other Stockholder Equity(6.2B)(8.6B)(12.1B)(13.7B)(16.1B)(15.3B)
Total Liab9.4B9.9B10.9B10.6B10.2B10.7B
Total Current Assets10.9B11.7B12.3B13.2B12.9B13.5B
Short Term Debt839.9M11.3M7.4M8.4M504.8M530.1M
Accounts Payable376.6M592.4M829.7M1.0B614.0M644.7M
Common Stock Total Equity145K143K137K133K153.0K135.8K
Short Term Investments1.8B1.3B135.7M37.6M43.3M41.1M
Property Plant And Equipment Gross1.2B1.3B3.1B3.5B4.0B4.2B
Accumulated Other Comprehensive Income(94.2M)(64.1M)(110.0M)(100.7M)(130.4M)(123.9M)
Common Stock145K143K137K133K130K135.3K
Current Deferred Revenue457.5M967.3M1.6B(1.0B)1.4B1.5B
Other Assets806.5M1.3B1.6B1.6B1.8B1.9B
Long Term Debt5.0B5.0B5.0B5.0B4.5B4.7B
Treasury Stock(11.6B)(12.9B)(15.6B)(19.5B)(17.5B)(16.7B)
Property Plant Equipment1.2B1.3B1.6B2.1B2.4B2.5B
Other Liab1.1B1.3B1.4B1.2B1.4B1.5B
Intangible Assets168.5M132.4M101.9M168.5M138.5M276.7M
Good Will1.7B1.6B1.5B1.6B1.6B1.6B
Net Tangible Assets3.5B4.4B4.7B6.4B7.4B4.1B
Retained Earnings Total Equity11.5B14.7B18.5B22.0B25.3B26.6B
Long Term Debt Total5.0B5.0B5.0B5.0B5.8B3.0B
Capital Surpluse6.7B7.1B7.4B7.8B9.0B6.4B

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