Legacy Iron Ore Stock Net Income

LCY Stock   0.01  0  20.63%   
Legacy Iron Ore fundamentals help investors to digest information that contributes to Legacy Iron's financial success or failures. It also enables traders to predict the movement of Legacy Stock. The fundamental analysis module provides a way to measure Legacy Iron's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Legacy Iron stock.
Last ReportedProjected for Next Year
Net Loss-9.6 M-9.1 M
Net Loss-9.6 M-9.1 M
Net Income Applicable To Common Shares2.3 M2.4 M
Net Income Applicable To Common Shares is likely to gain to about 2.4 M in 2024, despite the fact that Net Loss is likely to grow to (9.1 M).
  
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Legacy Iron Ore Company Net Income Analysis

Legacy Iron's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Legacy Iron Net Income

    
  (9.59 M)  
Most of Legacy Iron's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Legacy Iron Ore is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Legacy Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

16.55 Million

At this time, Legacy Iron's Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Legacy Iron Ore reported net income of (9.59 Million). This is 20.3% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all Australia stocks is 101.68% higher than that of the company.

Legacy Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Legacy Iron's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Legacy Iron could also be used in its relative valuation, which is a method of valuing Legacy Iron by comparing valuation metrics of similar companies.
Legacy Iron is currently under evaluation in net income category among its peers.

Legacy Fundamentals

About Legacy Iron Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Legacy Iron Ore's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Legacy Iron using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Legacy Iron Ore based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Legacy Stock Analysis

When running Legacy Iron's price analysis, check to measure Legacy Iron'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 Legacy Iron is operating at the current time. Most of Legacy Iron's value examination focuses on studying past and present price action to predict the probability of Legacy Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legacy Iron's price. Additionally, you may evaluate how the addition of Legacy Iron to your portfolios can decrease your overall portfolio volatility.