Leonovus Stock Fundamentals

LTV Stock  CAD 0.04  0.00  0.00%   
LeoNovus fundamentals help investors to digest information that contributes to LeoNovus' financial success or failures. It also enables traders to predict the movement of LeoNovus Stock. The fundamental analysis module provides a way to measure LeoNovus' 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 LeoNovus stock.
At this time, LeoNovus' Income Tax Expense is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 785.4 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 761 K in 2024.
  
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LeoNovus Company Return On Asset Analysis

LeoNovus' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current LeoNovus Return On Asset

    
  -6.27  
Most of LeoNovus' fundamental indicators, such as Return On Asset, 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, LeoNovus is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

LeoNovus Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for LeoNovus is extremely important. It helps to project a fair market value of LeoNovus Stock properly, considering its historical fundamentals such as Return On Asset. Since LeoNovus' 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 LeoNovus' 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 LeoNovus' interrelated accounts and indicators.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

LeoNovus Total Assets

Total Assets

100,700

At this time, LeoNovus' Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, LeoNovus has a Return On Asset of -6.2667. This is 116.84% higher than that of the Software sector and 6.05% lower than that of the Information Technology industry. The return on asset for all Canada stocks is notably higher than that of the company.

LeoNovus Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining LeoNovus's current stock value. Our valuation model uses many indicators to compare LeoNovus value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across LeoNovus competition to find correlations between indicators driving LeoNovus's intrinsic value. More Info.
LeoNovus is rated second overall in return on equity category among its peers. It is rated fourth overall in return on asset category among its peers . At this time, LeoNovus' 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 LeoNovus' earnings, one of the primary drivers of an investment's value.

LeoNovus Return On Asset Peer Comparison

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

LeoNovus Current Valuation Drivers

We derive many important indicators used in calculating different scores of LeoNovus from analyzing LeoNovus' financial statements. These drivers represent accounts that assess LeoNovus' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of LeoNovus' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap4.3M4.0M3.6M836.0K1.3M1.2M
Enterprise Value4.4M4.3M3.1M1.6M1.4M1.3M

LeoNovus Fundamentals

About LeoNovus Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze LeoNovus's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LeoNovus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LeoNovus 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.
Last ReportedProjected for Next Year
Current Deferred Revenue38.7 K34.4 K
Cost Of Revenue209.3 K219.8 K
Stock Based Compensation To Revenue 17.64  18.52 
Sales General And Administrative To Revenue 175.14  183.90 
Research And Ddevelopement To Revenue 8.63  8.20 
Capex To Revenue 2.63  2.49 
Ebit Per Revenue(415.38)(394.61)

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for LeoNovus Stock Analysis

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