Loncor Financial Statements From 2010 to 2024

LN Stock  CAD 0.46  0.01  2.22%   
Loncor Resources financial statements provide useful quarterly and yearly information to potential Loncor Resources investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Loncor Resources financial statements helps investors assess Loncor Resources' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Loncor Resources' valuation are summarized below:
Market Capitalization
70.3 M
Earnings Share
(0.20)
We have found one hundred twenty available fundamental ratios for Loncor Resources, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Loncor Resources' last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 2nd of December 2024, Market Cap is likely to drop to about 22.5 M. In addition to that, Enterprise Value is likely to drop to about 21.2 M
Check Loncor Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Loncor Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.9 M, Interest Expense of 15.8 K or Selling General Administrative of 711.5 K, as well as many indicators such as Price To Sales Ratio of 32.9 K, Dividend Yield of 0.0 or PTB Ratio of 1.81. Loncor financial statements analysis is a perfect complement when working with Loncor Resources Valuation or Volatility modules.
  
This module can also supplement various Loncor Resources Technical models . Check out the analysis of Loncor Resources Correlation against competitors.

Loncor Resources Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets24.2 M24.4 M31.9 M
Very volatile
Other Current Liabilities2.2 M2.1 MM
Slightly volatile
Total Current Liabilities1.5 M2.7 M1.6 M
Slightly volatile
Total Stockholder Equity22.4 M21.6 M30.1 M
Very volatile
Property Plant And Equipment Net20.6 M12.8 M28.6 M
Very volatile
Accounts Payable470.6 K366.9 K479.9 K
Pretty Stable
Cash607.7 K639.7 K1.9 M
Slightly volatile
Non Current Assets Total21 M12.8 M28.8 M
Very volatile
Cash And Short Term Investments607.7 K639.7 K1.9 M
Slightly volatile
Net Receivables701.2 K667.9 K274.6 K
Slightly volatile
Common Stock Shares Outstanding159 M151.5 M79.7 M
Slightly volatile
Liabilities And Stockholders Equity24.2 M24.4 M31.9 M
Very volatile
Other Current Assets11.5 M10.9 M1.6 M
Slightly volatile
Total Liabilities1.8 M2.8 M1.8 M
Pretty Stable
Property Plant And Equipment Gross20.8 M13.5 M28.8 M
Very volatile
Total Current Assets12.2 M11.6 M3.7 M
Very volatile
Intangible Assets128135177.4 K
Slightly volatile
Short and Long Term Debt Total488.7 K332.9 K248.3 K
Slightly volatile
Short Term Debt305.6 K230.2 K191.9 K
Slightly volatile
Common Stock84.3 M100.2 M67 M
Slightly volatile
Net Tangible Assets33.2 M47.2 M31.7 M
Slightly volatile
Short and Long Term Debt148.4 K150.2 K155.2 K
Pretty Stable
Property Plant Equipment34.5 M48 M32.6 M
Slightly volatile
Other Liabilities37.3 K28.7 K57.5 K
Slightly volatile
Cash And Equivalents214.2 K209.5 K127.7 K
Slightly volatile
Common Stock Total Equity88.5 M97.9 M81.3 M
Slightly volatile
Net Invested Capital33.8 M21.7 M29.2 M
Slightly volatile
Non Current Liabilities Other1.3 K1.4 K36.6 K
Slightly volatile
Capital Stock98.6 M100.2 M84.8 M
Slightly volatile
Long Term Debt29.6 K30.8 K27.1 K
Slightly volatile

Loncor Resources Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization19.9 M18.9 M2.7 M
Slightly volatile
Interest Expense15.8 K22 K11.5 K
Slightly volatile
Selling General Administrative711.5 K748.9 K1.5 M
Slightly volatile
Other Operating Expenses1.8 M2.2 M1.9 M
Very volatile
Total Operating Expenses1.8 M2.2 M1.9 M
Very volatile
Selling And Marketing Expenses1.8 M1.7 M877.9 K
Slightly volatile
Non Recurring2.5 M2.6 M2.3 M
Slightly volatile
Interest Income10.8 K11.4 K32.7 K
Slightly volatile
Reconciled Depreciation123.4 K69.6 K62.1 K
Slightly volatile

Loncor Resources Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow173.1 K182.2 K2.7 M
Slightly volatile
Depreciation69.5 K69.6 K78.8 K
Slightly volatile
Capital Expenditures1.9 KK3.9 M
Slightly volatile
Total Cash From Financing Activities1.2 M1.3 M4.5 M
Slightly volatile
End Period Cash Flow607.7 K639.7 K1.9 M
Slightly volatile
Stock Based Compensation62.5 K65.8 K438.5 K
Pretty Stable
Issuance Of Capital Stock1.5 M1.6 M2.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio32.9 K31.3 K32.1 K
Slightly volatile
PTB Ratio1.811.9061.1866
Very volatile
Days Sales Outstanding855814858
Slightly volatile
Book Value Per Share0.140.14240.5699
Slightly volatile
Invested Capital1.1 M1.3 M1.4 M
Slightly volatile
Average Payables366.7 K387.7 K498 K
Pretty Stable
Stock Based Compensation To Revenue195220239
Slightly volatile
Capex To Depreciation17.118.0161
Slightly volatile
PB Ratio1.811.9061.1866
Very volatile
EV To Sales33.6 K32 K32.8 K
Slightly volatile
Payables Turnover0.310.350.1933
Very volatile
Sales General And Administrative To Revenue595567582
Slightly volatile
Capex To Revenue823784804
Slightly volatile
Cash Per Share0.0040.00420.0627
Slightly volatile
Days Payables Outstanding1.3 K1.4 K20.4 K
Slightly volatile
Intangibles To Total Assets0.00.00.0435
Slightly volatile
Current Ratio3.224.29652.3623
Slightly volatile
Receivables Turnover0.440.460.4535
Slightly volatile
Graham Number1.080.67071.1079
Slightly volatile
Shareholders Equity Per Share0.140.14240.5699
Slightly volatile
Debt To Equity0.00660.0070.0089
Very volatile
Capex Per Share0.0180.0190.1047
Slightly volatile
Average Receivables133.1 K99 K127.2 K
Slightly volatile
Revenue Per Share1.0E-41.0E-40.0051
Slightly volatile
Interest Debt Per Share9.0E-40.0010.0024
Very volatile
Debt To Assets0.00590.00620.0079
Very volatile
Price Book Value Ratio1.811.9061.1866
Very volatile
Days Of Payables Outstanding1.3 K1.4 K20.4 K
Slightly volatile
Company Equity Multiplier1.461.12971.1536
Pretty Stable
Long Term Debt To Capitalization7.0E-47.0E-40.0415
Slightly volatile
Total Debt To Capitalization0.00660.00690.0087
Very volatile
Debt Equity Ratio0.00660.0070.0089
Very volatile
Quick Ratio3.194.29652.3438
Slightly volatile
Net Income Per E B T0.780.931.0022
Very volatile
Cash Ratio0.230.23731.6814
Slightly volatile
Days Of Sales Outstanding855814858
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio2.02.13.5806
Slightly volatile
Price To Book Ratio1.811.9061.1866
Very volatile
Fixed Asset Turnover2.0E-42.0E-40.1144
Slightly volatile
Debt Ratio0.00590.00620.0079
Very volatile
Price Sales Ratio32.9 K31.3 K32.1 K
Slightly volatile
Asset Turnover2.0E-42.0E-40.0058
Slightly volatile
Gross Profit Margin0.650.790.8511
Slightly volatile
Price Fair Value1.811.9061.1866
Very volatile
Operating Cycle2.2 K2.1 K2.1 K
Slightly volatile

Loncor Resources Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap22.5 M41.1 M28.4 M
Pretty Stable
Enterprise Value21.2 M40.8 M26.7 M
Pretty Stable

Loncor Fundamental Market Drivers

Cash And Short Term Investments639.7 K

About Loncor Resources Financial Statements

Loncor Resources investors utilize fundamental indicators, such as revenue or net income, to predict how Loncor Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.4 M2.5 M
Cost Of Revenue69.6 K92.6 K
Stock Based Compensation To Revenue 219.71  195.30 
Sales General And Administrative To Revenue 566.84  595.18 
Capex To Revenue 783.72  822.90 
Ebit Per Revenue-1 K-978

Pair Trading with Loncor Resources

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 Loncor Resources 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 Loncor Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Loncor Stock

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Moving against Loncor Stock

  0.55INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Loncor Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Loncor Resources 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 Loncor Resources - 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 Loncor Resources to buy it.
The correlation of Loncor Resources 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 Loncor Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Loncor Resources 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 Loncor Resources 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

Other Information on Investing in Loncor Stock

Loncor Resources financial ratios help investors to determine whether Loncor Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Loncor with respect to the benefits of owning Loncor Resources security.