Lexaria Bioscience Financials

LEXX Stock  USD 2.08  0.01  0.48%   
Based on the measurements of operating efficiency obtained from Lexaria Bioscience's historical financial statements, Lexaria Bioscience Corp is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. At this time, Lexaria Bioscience's Liabilities And Stockholders Equity is fairly stable compared to the past year. Non Current Liabilities Total is likely to rise to about 209.8 K in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 370.1 K in 2024. Key indicators impacting Lexaria Bioscience's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.610.0171
Way Up
Very volatile
Current Ratio0.17.1838
Way Down
Pretty Stable
The financial analysis of Lexaria Bioscience is a critical element in measuring its lifeblood. Investors should not minimize Lexaria Bioscience's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(5.51 Million)

  
Understanding current and past Lexaria Bioscience Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Lexaria Bioscience's financial statements are interrelated, with each one affecting the others. For example, an increase in Lexaria Bioscience's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Lexaria Bioscience's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lexaria Bioscience Corp. Check Lexaria Bioscience's Beneish M Score to see the likelihood of Lexaria Bioscience's management manipulating its earnings.

Lexaria Bioscience Stock Summary

Lexaria Bioscience competes with Revelation Biosciences, Zura Bio, Phio Pharmaceuticals, ZyVersa Therapeutics, and Transcode Therapeutics. Lexaria Bioscience Corp. operates as a biotechnology company. Lexaria Bioscience Corp. was incorporated in 2004 and is headquartered in Kelowna, Canada. Lexaria Bioscience is traded on NASDAQ Exchange in the United States.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS52886N4060
CUSIP52886N406 52886N307 52886N208
LocationBritish Columbia; Canada
Business Address740 McCurdy Road,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitelexariabioscience.com
Phone250 765 6424
CurrencyUSD - US Dollar

Lexaria Bioscience Key Financial Ratios

Lexaria Bioscience Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.8M13.3M7.8M3.1M8.9M9.3M
Other Current Liab96.7K45K51.7K239.9K1.1M1.1M
Net Debt(1.1M)(10.8M)(5.8M)(1.2M)(6.4M)(6.0M)
Retained Earnings(27.8M)(31.8M)(39.1M)(45.8M)(51.6M)(49.0M)
Accounts Payable45.1K59.9K25.8K225.0K1.1M1.1M
Cash1.3M10.9M5.8M1.4M6.5M6.8M
Other Current Assets182.1K319.3K576.8K546.8K1.2M1.2M
Total Liab346.0K203.3K201.4K403.9K1.2M1.3M
Total Current Assets1.9M12.4M7.0M2.2M7.9M8.3M
Common Stock90.0K5.7K6.0K8.1K9.3K8.8K
Net Receivables313.9K342.4K201.8K175.2K154.5K166.2K
Inventory116.9K29.6K38.4K1.00.90.86
Intangible Assets292K364.6K488.5K462.6K516.7K295.9K
Net Tangible Assets2.1M2.2M12.9M7.5M8.6M5.5M
Net Invested Capital2.6M13.3M7.9M3.0M3.5M5.4M
Net Working Capital1.7M12.3M6.8M1.9M2.2M2.1M
Capital Stock90.0K5.7K6.0K8.1K7.3K6.9K

Lexaria Bioscience Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Operating Income(3.9M)(5.7M)(7.4M)(6.5M)(5.8M)(5.5M)
Ebit(4.1M)(5.7M)(6.7M)(6.5M)(5.9M)(5.6M)
Ebitda(4.0M)(5.6M)(6.5M)(6.4M)(5.8M)(5.5M)
Income Before Tax(4.1M)(4.2M)(7.4M)(6.7M)(5.8M)(5.5M)
Net Income(4.0M)(2.5M)(7.3M)(6.7M)(5.8M)(5.5M)
Income Tax Expense(54.3K)(1.7M)(114.3K)130.9K117.8K123.7K
Total Revenue384.5K722.7K255.4K226.2K464.3K398.9K
Gross Profit285.2K547.4K183.6K194.7K459.5K482.4K
Cost Of Revenue99.4K175.3K71.8K31.5K4.8K4.6K
Research Development387.1K1.3M1.8M3.7M2.4M1.2M
Minority Interest(42.9K)159.1K114.3K47.6K54.8K40.1K

Lexaria Bioscience Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Lexaria Bioscience Corp. It measures of how well Lexaria is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Lexaria Bioscience brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Lexaria had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Lexaria Bioscience has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash8.6K9.6M(5.1M)(4.5M)5.1M5.4M
Free Cash Flow(2.7M)(4.1M)(5.0M)(6.1M)(5.0M)(4.7M)
Capital Expenditures769.2K33.6K79.5K131.4K169.6K0.0
Net Income(4.1M)(4.2M)(7.4M)(6.7M)(5.8M)(5.5M)
End Period Cash Flow1.3M10.9M5.8M1.4M6.5M6.8M
Depreciation112.8K147.6K141.3K145.4K76.2K85.9K
Other Non Cash Items100K92.9K2.0M530.3K174.7K166.0K
Change To Inventory4.2K95.0K(2.0K)43.1K49.5K52.0K
Change To Netincome953.6K1.3M(173.8K)2.6M2.3M1.3M

Lexaria Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Lexaria Bioscience's current stock value. Our valuation model uses many indicators to compare Lexaria Bioscience value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lexaria Bioscience competition to find correlations between indicators driving Lexaria Bioscience's intrinsic value. More Info.
Lexaria Bioscience Corp is rated third overall in return on equity category among its peers. It is rated fifth overall in return on asset category among its peers . At this time, Lexaria Bioscience's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lexaria Bioscience's earnings, one of the primary drivers of an investment's value.

Lexaria Bioscience Corp Systematic Risk

Lexaria Bioscience's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lexaria Bioscience volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Lexaria Bioscience Corp correlated with the market. If Beta is less than 0 Lexaria Bioscience generally moves in the opposite direction as compared to the market. If Lexaria Bioscience Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lexaria Bioscience Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lexaria Bioscience is generally in the same direction as the market. If Beta > 1 Lexaria Bioscience moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Lexaria Bioscience Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Lexaria Bioscience's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Lexaria Bioscience growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.74

At this time, Lexaria Bioscience's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Lexaria Bioscience November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Lexaria Bioscience help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lexaria Bioscience Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lexaria Bioscience Corp based on widely used predictive technical indicators. In general, we focus on analyzing Lexaria Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lexaria Bioscience's daily price indicators and compare them against related drivers.

Additional Tools for Lexaria Stock Analysis

When running Lexaria Bioscience's price analysis, check to measure Lexaria Bioscience's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lexaria Bioscience is operating at the current time. Most of Lexaria Bioscience's value examination focuses on studying past and present price action to predict the probability of Lexaria Bioscience's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexaria Bioscience's price. Additionally, you may evaluate how the addition of Lexaria Bioscience to your portfolios can decrease your overall portfolio volatility.