Lightpath Technologies Stock Current Ratio
| LPTH Stock | USD 1.49 0.01 0.67% |
LightPath Technologies fundamentals help investors to digest information that contributes to LightPath Technologies' financial success or failures. It also enables traders to predict the movement of LightPath Stock. The fundamental analysis module provides a way to measure LightPath Technologies' 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 LightPath Technologies stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.93 | 1.84 |
LightPath | Current Ratio |
LightPath Technologies Company Current Ratio Analysis
LightPath Technologies' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current LightPath Technologies Current Ratio | 2.35 X |
Most of LightPath Technologies' fundamental indicators, such as Current Ratio, 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, LightPath Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
LightPath Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for LightPath Technologies is extremely important. It helps to project a fair market value of LightPath Stock properly, considering its historical fundamentals such as Current Ratio. Since LightPath Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of LightPath Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of LightPath Technologies' interrelated accounts and indicators.
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LightPath Current Ratio Historical Pattern
Today, most investors in LightPath Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various LightPath Technologies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of LightPath Technologies current ratio as a starting point in their analysis.
LightPath Technologies Current Ratio |
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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LightPath Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, LightPath Technologies has a Current Ratio of 2.35 times. This is 16.96% lower than that of the Electronic Equipment, Instruments & Components sector and 22.7% lower than that of the Information Technology industry. The current ratio for all United States stocks is 8.8% lower than that of the firm.
LightPath Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LightPath Technologies' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LightPath Technologies could also be used in its relative valuation, which is a method of valuing LightPath Technologies by comparing valuation metrics of similar companies.LightPath Technologies is currently under evaluation in current ratio category among its peers.
LightPath Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of LightPath Technologies from analyzing LightPath Technologies' financial statements. These drivers represent accounts that assess LightPath Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of LightPath Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 86.4M | 66.8M | 33.2M | 42.7M | 49.7M | 27.2M | |
| Enterprise Value | 88.6M | 74.3M | 42.5M | 50.4M | 56.6M | 59.4M |
LightPath Fundamentals
| Return On Equity | -0.26 | ||||
| Return On Asset | -0.0944 | ||||
| Profit Margin | (0.26) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 67.61 M | ||||
| Shares Outstanding | 39.66 M | ||||
| Shares Owned By Insiders | 2.70 % | ||||
| Shares Owned By Institutions | 45.80 % | ||||
| Number Of Shares Shorted | 67.66 K | ||||
| Price To Earning | 25.96 X | ||||
| Price To Book | 2.01 X | ||||
| Price To Sales | 1.84 X | ||||
| Revenue | 31.73 M | ||||
| Gross Profit | 11.07 M | ||||
| EBITDA | (3.7 M) | ||||
| Net Income | (8.01 M) | ||||
| Cash And Equivalents | 5.51 M | ||||
| Cash Per Share | 0.20 X | ||||
| Total Debt | 10.36 M | ||||
| Debt To Equity | 0.49 % | ||||
| Current Ratio | 2.35 X | ||||
| Book Value Per Share | 0.74 X | ||||
| Cash Flow From Operations | 521.04 K | ||||
| Short Ratio | 0.99 X | ||||
| Earnings Per Share | (0.21) X | ||||
| Target Price | 3.0 | ||||
| Number Of Employees | 304 | ||||
| Beta | 1.3 | ||||
| Market Capitalization | 59.1 M | ||||
| Total Asset | 48.09 M | ||||
| Retained Earnings | (215.84 M) | ||||
| Working Capital | 7.5 M | ||||
| Current Asset | 18.67 M | ||||
| Current Liabilities | 4.53 M | ||||
| Net Asset | 48.09 M |
About LightPath Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LightPath Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LightPath Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LightPath Technologies 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.
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When determining whether LightPath Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LightPath Technologies' 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 Lightpath Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lightpath Technologies Stock:Check out LightPath Technologies Piotroski F Score and LightPath Technologies Altman Z Score analysis. For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Electronic Equipment, Instruments & Components 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 LightPath Technologies. If investors know LightPath 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 LightPath Technologies 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 49.113 | Earnings Share (0.21) | Revenue Per Share 0.833 | Quarterly Revenue Growth 0.04 | Return On Assets (0.09) |
The market value of LightPath Technologies is measured differently than its book value, which is the value of LightPath that is recorded on the company's balance sheet. Investors also form their own opinion of LightPath Technologies' value that differs from its market value or its book value, called intrinsic value, which is LightPath Technologies' 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 LightPath Technologies' market value can be influenced by many factors that don't directly affect LightPath Technologies' 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 LightPath Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if LightPath Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightPath Technologies' 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.