Lara Exploration Stock Current Liabilities
LRA Stock | CAD 1.41 0.01 0.71% |
Lara Exploration fundamentals help investors to digest information that contributes to Lara Exploration's financial success or failures. It also enables traders to predict the movement of Lara Stock. The fundamental analysis module provides a way to measure Lara Exploration'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 Lara Exploration stock.
Total Current Liabilities is likely to drop to about 197.8 K in 2024. Lara | Current Liabilities |
Lara Exploration Company Current Liabilities Analysis
Lara Exploration's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Lara Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Lara Exploration is extremely important. It helps to project a fair market value of Lara Stock properly, considering its historical fundamentals such as Current Liabilities. Since Lara Exploration's 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 Lara Exploration's 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 Lara Exploration's interrelated accounts and indicators.
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Lara Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Lara Exploration has a Current Liabilities of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.
Lara Exploration Current Valuation Drivers
We derive many important indicators used in calculating different scores of Lara Exploration from analyzing Lara Exploration's financial statements. These drivers represent accounts that assess Lara Exploration's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Lara Exploration's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 22.2M | 25.5M | 21.8M | 34.8M | 31.3M | 16.4M | |
Enterprise Value | 20.1M | 23.9M | 19.9M | 31.5M | 28.4M | 14.7M |
Lara Fundamentals
Return On Equity | -0.11 | ||||
Return On Asset | -0.23 | ||||
Current Valuation | 66.99 M | ||||
Shares Outstanding | 49.43 M | ||||
Shares Owned By Insiders | 13.24 % | ||||
Shares Owned By Institutions | 27.20 % | ||||
Number Of Shares Shorted | 3.4 K | ||||
Price To Earning | 172.50 X | ||||
Price To Book | 11.06 X | ||||
Gross Profit | (48.71 K) | ||||
EBITDA | (2.89 M) | ||||
Net Income | (3.02 M) | ||||
Cash And Equivalents | 1.62 M | ||||
Cash Per Share | 0.04 X | ||||
Total Debt | 208.25 K | ||||
Current Ratio | 5.48 X | ||||
Book Value Per Share | 0.13 X | ||||
Cash Flow From Operations | (2.26 M) | ||||
Short Ratio | 0.55 X | ||||
Earnings Per Share | (0.02) X | ||||
Beta | 0.31 | ||||
Market Capitalization | 69.7 M | ||||
Total Asset | 6.2 M | ||||
Retained Earnings | (35.64 M) | ||||
Working Capital | 2.46 M | ||||
Net Asset | 6.2 M |
About Lara Exploration Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lara Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lara Exploration using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lara Exploration 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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Additional Tools for Lara Stock Analysis
When running Lara Exploration's price analysis, check to measure Lara Exploration'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 Lara Exploration is operating at the current time. Most of Lara Exploration's value examination focuses on studying past and present price action to predict the probability of Lara Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lara Exploration's price. Additionally, you may evaluate how the addition of Lara Exploration to your portfolios can decrease your overall portfolio volatility.