Li Auto Total Assets vs Other Current Assets Analysis

LI Stock  USD 19.83  0.28  1.39%   
Li Auto financial indicator trend analysis is infinitely more than just investigating Li Auto recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Li Auto is a good investment. Please check the relationship between Li Auto Total Assets and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Li Auto. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Li Auto Stock please use our How to Invest in Li Auto guide.

Total Assets vs Other Current Assets

Total Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Li Auto Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Li Auto's Total Assets and Other Current Assets is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Li Auto, assuming nothing else is changed. The correlation between historical values of Li Auto's Total Assets and Other 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 Total Assets of Li Auto are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., Li Auto's Total Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Li Auto assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Li Auto books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.
Most indicators from Li Auto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Li Auto 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 Li Auto. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Li Auto Stock please use our How to Invest in Li Auto guide.As of now, Li Auto's Enterprise Value Over EBITDA is decreasing as compared to previous years. The Li Auto's current Enterprise Value Multiple is estimated to increase to 20.16, while Tax Provision is forecasted to increase to (1.3 B).
 2021 2022 2023 2024 (projected)
Interest Expense63.2M106.3M86.3M86.1M
Depreciation And Amortization1.0B1.6B1.8M1.7M

Li Auto fundamental ratios Correlations

0.870.950.970.880.940.99-0.31-0.980.330.990.990.990.970.950.451.0-0.810.750.270.70.520.990.960.950.85
0.870.730.780.930.890.88-0.3-0.820.030.850.830.870.930.920.730.86-0.780.810.390.720.730.830.910.770.91
0.950.730.990.720.790.94-0.1-0.990.610.960.980.960.860.870.170.94-0.620.560.360.460.380.970.870.980.65
0.970.780.990.760.830.97-0.13-0.990.540.990.990.980.90.910.260.96-0.670.60.370.510.460.990.921.00.7
0.880.930.720.760.960.84-0.51-0.82-0.050.820.820.820.910.850.640.89-0.920.950.070.890.50.840.850.720.99
0.940.890.790.830.960.89-0.48-0.870.050.880.880.880.950.910.620.95-0.90.870.060.90.540.910.90.790.96
0.990.880.940.970.840.89-0.25-0.970.361.00.981.00.950.960.460.98-0.760.690.350.620.560.980.980.970.8
-0.31-0.3-0.1-0.13-0.51-0.48-0.250.180.59-0.2-0.21-0.22-0.36-0.23-0.47-0.320.77-0.710.38-0.710.2-0.25-0.3-0.08-0.57
-0.98-0.82-0.99-0.99-0.82-0.87-0.970.18-0.49-0.99-1.0-0.98-0.92-0.92-0.31-0.980.71-0.66-0.33-0.58-0.47-0.99-0.92-0.98-0.76
0.330.030.610.54-0.050.050.360.59-0.490.420.460.390.170.26-0.550.330.2-0.250.4-0.350.030.420.210.57-0.15
0.990.850.960.990.820.881.0-0.2-0.990.420.991.00.940.940.390.98-0.730.660.350.590.530.990.970.980.77
0.990.830.980.990.820.880.98-0.21-1.00.460.990.990.940.940.340.99-0.730.670.340.60.491.00.930.980.77
0.990.870.960.980.820.881.0-0.22-0.980.391.00.990.950.950.430.98-0.740.670.370.60.560.990.980.980.78
0.970.930.860.90.910.950.95-0.36-0.920.170.940.940.950.990.640.96-0.810.770.350.750.650.930.950.870.89
0.950.920.870.910.850.910.96-0.23-0.920.260.940.940.950.990.620.95-0.720.670.460.660.710.930.940.890.82
0.450.730.170.260.640.620.46-0.47-0.31-0.550.390.340.430.640.620.44-0.590.60.250.680.730.350.570.240.69
1.00.860.940.960.890.950.98-0.32-0.980.330.980.990.980.960.950.44-0.820.760.230.720.490.990.940.940.86
-0.81-0.78-0.62-0.67-0.92-0.9-0.760.770.710.2-0.73-0.73-0.74-0.81-0.72-0.59-0.82-0.970.13-0.92-0.24-0.77-0.79-0.62-0.94
0.750.810.560.60.950.870.69-0.71-0.66-0.250.660.670.670.770.670.60.76-0.97-0.120.910.270.70.720.550.95
0.270.390.360.370.070.060.350.38-0.330.40.350.340.370.350.460.250.230.13-0.12-0.280.560.260.320.380.0
0.70.720.460.510.890.90.62-0.71-0.58-0.350.590.60.60.750.660.680.72-0.920.91-0.280.350.640.670.450.94
0.520.730.380.460.50.540.560.2-0.470.030.530.490.560.650.710.730.49-0.240.270.560.350.470.620.470.51
0.990.830.970.990.840.910.98-0.25-0.990.420.991.00.990.930.930.350.99-0.770.70.260.640.470.940.970.8
0.960.910.870.920.850.90.98-0.3-0.920.210.970.930.980.950.940.570.94-0.790.720.320.670.620.940.920.83
0.950.770.981.00.720.790.97-0.08-0.980.570.980.980.980.870.890.240.94-0.620.550.380.450.470.970.920.66
0.850.910.650.70.990.960.8-0.57-0.76-0.150.770.770.780.890.820.690.86-0.940.950.00.940.510.80.830.66
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Li Auto Account Relationship Matchups

Li Auto fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.5B36.4B61.8B86.5B143.5B150.6B
Short Long Term Debt Total1.7B2.1B7.8B12.3B13.5B7.1B
Other Current Liab849.1M666.7M4.2B5.7B28.2B29.6B
Total Current Liabilities3.0B4.3B12.1B27.4B72.7B76.4B
Total Stockholder Equity6.2B29.8B41.1B44.9B60.1B32.9B
Net Tangible Assets(6.3B)29.1B40.3B44.0B50.6B53.2B
Property Plant And Equipment Net3.1B3.8B6.6B14.7B20.4B21.5B
Current Deferred Revenue87.4M271.5M315.4M569.2M1.6B812.4M
Net Debt414.7M(6.8B)(20.0B)(26.2B)(77.8B)(73.9B)
Retained Earnings(5.3B)(6.5B)(6.8B)(8.8B)2.4B2.6B
Accounts Payable624.7M3.2B7.1B20.0B34.8B36.6B
Cash1.3B8.9B27.9B38.5B91.3B95.9B
Non Current Assets Total4.4B5.0B9.5B19.5B28.9B30.4B
Non Currrent Assets Other33.8M321.2M2.0B2.4B2.8B2.9B
Other Assets342.2M380.3M2.0B2.5B2.9B3.0B
Cash And Short Term Investments3.6B28.6B47.5B56.5B103.3B108.4B
Net Receivables511.5M115.5M236.5M48.4M143.5M136.3M
Short Term Investments2.3B19.7B19.7B18.0B11.9B13.3B
Liabilities And Stockholders Equity9.5B36.4B61.8B86.5B143.5B150.6B
Non Current Liabilities Total252.6M2.3B8.7B14.0B10.1B7.7B
Capital Lease Obligations779.4M1.6B1.8B2.6B4.8B5.1B
Inventory518.1M1.0B1.6B6.8B6.9B7.2B
Other Current Assets49.8M15.0M97.1M1.7B4.2B4.5B
Other Stockholder Equity1.3B37.3B49.4B53.9B57.5B35.6B
Total Liab3.3B6.6B20.8B41.4B82.9B87.0B
Net Invested Capital7.2B30.3B6.0B54.5B68.9B72.3B
Long Term Investments126.2M162.9M156.3M1.5B1.6B1.7B
Total Current Assets5.1B31.4B52.4B67.0B114.5B120.3B
Accumulated Other Comprehensive Income15.5M(1.0B)(1.5B)(194.1M)219.7M230.7M
Capital Stock800K1.2M1.4M1.4M1.5M1.2M
Net Working Capital2.0B27.1B40.3B39.6B41.8B27.7B
Short Term Debt1.5B210.5M510.3M1.1B8.1B8.5B
Intangible Assets857.3M864.8M1.0B832.6M2.1B1.2B
Common Stock800K1.2M1.4M1.4M1.5M1.2M
Property Plant Equipment3.3B3.8B6.6B14.7B16.9B17.8B

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Additional Information and Resources on Investing in Li Auto Stock

When determining whether Li Auto offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Li Auto's 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 Li Auto Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Li Auto Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Li Auto. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Li Auto Stock please use our How to Invest in Li Auto guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Automobile Manufacturers 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 Li Auto. If investors know Li Auto 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 Li Auto 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
(0.38)
Earnings Share
1.51
Revenue Per Share
132.357
Quarterly Revenue Growth
0.364
Return On Assets
0.0329
The market value of Li Auto is measured differently than its book value, which is the value of Li Auto that is recorded on the company's balance sheet. Investors also form their own opinion of Li Auto's value that differs from its market value or its book value, called intrinsic value, which is Li Auto's 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 Li Auto's market value can be influenced by many factors that don't directly affect Li Auto's 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 Li Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Li Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Li Auto's 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.