LyondellBasell Short Term Investments vs Retained Earnings Analysis
LYB Stock | USD 85.37 1.18 1.40% |
LyondellBasell Industries financial indicator trend analysis is infinitely more than just investigating LyondellBasell Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LyondellBasell Industries is a good investment. Please check the relationship between LyondellBasell Industries Short Term Investments and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LyondellBasell Industries NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Short Term Investments vs Retained Earnings
Short Term Investments vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LyondellBasell Industries Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between LyondellBasell Industries' Short Term Investments and Retained Earnings is 0.52. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of LyondellBasell Industries NV, assuming nothing else is changed. The correlation between historical values of LyondellBasell Industries' Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of LyondellBasell Industries NV are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Investments i.e., LyondellBasell Industries' Short Term Investments and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of LyondellBasell Industries balance sheet. It contains any investments LyondellBasell Industries NV undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that LyondellBasell Industries can easily liquidate in the marketplace.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from LyondellBasell Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LyondellBasell 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 LyondellBasell Industries NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At present, LyondellBasell Industries' Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 8.46, whereas Selling General Administrative is forecasted to decline to about 1.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 519M | 287M | 477M | 552.7M | Depreciation And Amortization | 1.4B | 1.3B | 1.5B | 1.4B |
LyondellBasell Industries fundamental ratios Correlations
Click cells to compare fundamentals
LyondellBasell Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LyondellBasell Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 389M | 353M | 334M | 328M | 326M | 369.3M | |
Total Assets | 30.4B | 35.4B | 36.7B | 36.4B | 37B | 31.4B | |
Short Long Term Debt Total | 13.6B | 17.5B | 13.6B | 13.2B | 13.0B | 11.3B | |
Other Current Liab | 1.4B | 1.4B | 2.1B | 1.9B | 2.4B | 1.5B | |
Total Current Liabilities | 5.2B | 5.5B | 7.2B | 6.8B | 7.2B | 5.8B | |
Total Stockholder Equity | 8.0B | 8.0B | 11.9B | 12.6B | 12.9B | 8.5B | |
Other Liab | 4.2B | 5.3B | 4.6B | 4.6B | 4.1B | 3.8B | |
Property Plant And Equipment Net | 15.6B | 15.9B | 16.5B | 17.1B | 17.1B | 13.5B | |
Net Debt | 12.7B | 15.7B | 12.1B | 11.0B | 9.6B | 9.4B | |
Retained Earnings | 4.4B | 4.4B | 8.6B | 9.2B | 9.7B | 5.5B | |
Accounts Payable | 2.9B | 2.9B | 4.3B | 3.6B | 3.4B | 3.2B | |
Non Current Assets Total | 20.9B | 23.8B | 24.5B | 24.5B | 23.8B | 19.1B | |
Non Currrent Assets Other | 401M | 419M | 493M | 467M | 381M | 329.4M | |
Other Assets | 398M | 458M | 667M | 466M | 9.7B | 10.2B | |
Long Term Debt | 11.6B | 15.3B | 11.2B | 10.5B | 10.3B | 8.2B | |
Cash And Short Term Investments | 1.1B | 2.5B | 1.5B | 2.2B | 3.4B | 2.4B | |
Net Receivables | 3.5B | 4.5B | 5.2B | 4.1B | 4.0B | 4.1B | |
Short Term Investments | 196M | 702M | 9M | 16M | 15M | 14.3M | |
Liabilities And Stockholders Equity | 30.4B | 35.4B | 36.7B | 36.4B | 37B | 31.4B | |
Non Current Liabilities Total | 17.2B | 21.9B | 17.6B | 17.0B | 16.8B | 14.9B | |
Inventory | 4.6B | 4.3B | 4.9B | 4.8B | 4.8B | 4.9B | |
Other Current Assets | 210M | 141M | 98M | 559M | 239M | 227.1M | |
Other Stockholder Equity | 5.4B | 5.5B | 5.1B | 4.8B | 4.7B | 3.0B | |
Total Liab | 22.4B | 27.4B | 24.9B | 23.7B | 23.9B | 22.8B | |
Property Plant And Equipment Gross | 15.6B | 15.9B | 24.3B | 25.4B | 26.4B | 15.2B | |
Total Current Assets | 9.5B | 11.6B | 12.2B | 11.8B | 3.4B | 3.2B | |
Accumulated Other Comprehensive Income | (1.8B) | (1.9B) | (1.8B) | (1.4B) | (1.5B) | (1.5B) | |
Short Term Debt | 721M | 981M | 704M | 1.1B | 1.3B | 1.9B | |
Intangible Assets | 869M | 751M | 695M | 662M | 641M | 784.6M | |
Property Plant Equipment | 14.1B | 14.4B | 16.5B | 17.1B | 19.7B | 12.9B | |
Current Deferred Revenue | 103M | 157M | 169M | 167M | 175M | 120.8M | |
Good Will | 1.9B | 2.0B | 1.9B | 1.8B | 1.6B | 1.2B | |
Net Tangible Assets | 6.6B | 6.6B | 9.3B | 11.8B | 13.5B | 8.8B | |
Noncontrolling Interest In Consolidated Entity | 23M | 19M | 17M | 14M | 12.6M | 20.6M | |
Retained Earnings Total Equity | 6.8B | 4.4B | 4.4B | 9.2B | 10.6B | 7.6B | |
Long Term Debt Total | 11.6B | 15.3B | 11.2B | 10.5B | 12.1B | 9.4B | |
Capital Surpluse | 6.0B | 6.0B | 6.0B | 6.1B | 5.5B | 6.9B |
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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.When determining whether LyondellBasell Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LyondellBasell Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lyondellbasell Industries Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lyondellbasell Industries Nv Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LyondellBasell Industries NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Commodity Chemicals space 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 LyondellBasell Industries. If investors know LyondellBasell 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 LyondellBasell 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 (0.24) | Dividend Share 5.18 | Earnings Share 6.68 | Revenue Per Share 125.335 | Quarterly Revenue Growth (0.03) |
The market value of LyondellBasell Industries is measured differently than its book value, which is the value of LyondellBasell that is recorded on the company's balance sheet. Investors also form their own opinion of LyondellBasell Industries' value that differs from its market value or its book value, called intrinsic value, which is LyondellBasell 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 LyondellBasell Industries' market value can be influenced by many factors that don't directly affect LyondellBasell 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 LyondellBasell Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if LyondellBasell Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LyondellBasell 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.