Leading Book Value Per Share vs Average Payables Analysis

LEM Stock

CAD 0.09 0.01 10.00%

Leading Edge financial indicator trend analysis is infinitely more than just investigating Leading Edge Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leading Edge Materials is a good investment. Please check the relationship between Leading Edge Book Value Per Share and its Average Payables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leading Edge Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Book Value Per Share vs Average Payables

Book Value Per Share vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leading Edge Materials Book Value Per Share account and Average Payables. At this time, the significance of the direction appears to have very week relationship.

The correlation between Leading Edge's Book Value Per Share and Average Payables is 0.28. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Average Payables in the same time period over historical financial statements of Leading Edge Materials, assuming nothing else is changed. The correlation between historical values of Leading Edge's Book Value Per Share and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Leading Edge Materials are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Book Value Per Share i.e., Leading Edge's Book Value Per Share and Average Payables go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Leading Edge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leading Edge Materials current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leading Edge Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Leading Edge's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 4.6 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (12.88) in 2024.

	2023	2024 (projected)
Net Interest Income	55.3K	38.3K
Non Recurring	209.1K	114.4K

Net Interest Income Non Recurring

Leading Edge fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Inventory	Accounts Payable	Common Stock	Other Liab	Net Tangible Assets	Other Assets	Property Plant Equipment
Total Assets		0.68	0.68	0.98	-0.04	-0.43	0.04	0.04	0.28	0.39	0.43	0.12	0.86	0.07	0.53	0.8	0.8	-0.03	0.56	0.33	0.15	0.5	0.6	0.75	0.73	0.78
Other Current Liab	0.68		1.0	0.69	-0.37	0.17	0.37	0.35	0.38	-0.22	0.31	0.34	0.54	0.37	0.12	0.39	0.39	0.15	0.27	-0.05	0.75	-0.09	0.27	0.54	0.25	0.41
Total Current Liabilities	0.68	1.0		0.69	-0.37	0.17	0.37	0.35	0.38	-0.22	0.31	0.34	0.54	0.37	0.12	0.39	0.39	0.15	0.27	-0.05	0.75	-0.09	0.27	0.54	0.25	0.41
Total Stockholder Equity	0.98	0.69	0.69		-0.11	-0.4	0.1	0.1	0.38	0.39	0.42	0.12	0.76	0.12	0.52	0.76	0.76	-0.1	0.43	0.3	0.17	0.5	0.47	0.77	0.71	0.75
Net Debt	-0.04	-0.37	-0.37	-0.11		-0.5	-1.0	-1.0	-0.6	0.38	0.15	-0.51	0.14	-1.0	0.38	0.55	0.55	0.23	0.44	0.46	-0.29	0.53	0.42	0.29	0.49	0.48
Retained Earnings	-0.43	0.17	0.17	-0.4	-0.5		0.5	0.49	0.02	-0.92	-0.35	0.58	-0.44	0.48	-0.64	-0.57	-0.57	-0.19	-0.3	-0.63	0.62	-0.92	-0.36	-0.26	-0.67	-0.49
Cash	0.04	0.37	0.37	0.1	-1.0	0.5		1.0	0.59	-0.38	-0.17	0.51	-0.13	1.0	-0.39	-0.55	-0.55	-0.22	-0.43	-0.46	0.29	-0.55	-0.41	-0.29	-0.5	-0.48
Cash And Short Term Investments	0.04	0.35	0.35	0.1	-1.0	0.49	1.0		0.59	-0.36	-0.18	0.5	-0.12	1.0	-0.39	-0.55	-0.55	-0.23	-0.41	-0.45	0.27	-0.54	-0.39	-0.3	-0.49	-0.48
Net Receivables	0.28	0.38	0.38	0.38	-0.6	0.02	0.59	0.59		0.21	0.33	0.11	-0.04	0.6	0.08	-0.12	-0.12	-0.19	-0.38	-0.16	0.04	0.0	-0.28	0.07	-0.02	-0.08
Common Stock Shares Outstanding	0.39	-0.22	-0.22	0.39	0.38	-0.92	-0.38	-0.36	0.21		0.31	-0.62	0.31	-0.35	0.61	0.48	0.48	-0.02	0.19	0.58	-0.67	0.87	0.29	0.28	0.66	0.45
Other Current Assets	0.43	0.31	0.31	0.42	0.15	-0.35	-0.17	-0.18	0.33	0.31		0.07	0.38	-0.16	0.66	0.39	0.39	0.0	0.11	0.0	-0.08	0.33	0.11	0.23	0.35	0.26
Other Stockholder Equity	0.12	0.34	0.34	0.12	-0.51	0.58	0.51	0.5	0.11	-0.62	0.07		0.11	0.5	-0.12	-0.2	-0.2	-0.12	-0.07	-0.75	0.32	-0.61	-0.11	-0.09	-0.36	-0.21
Total Liab	0.86	0.54	0.54	0.76	0.14	-0.44	-0.13	-0.12	-0.04	0.31	0.38	0.11		-0.1	0.48	0.76	0.77	0.19	0.83	0.33	0.08	0.4	0.83	0.57	0.66	0.72
Total Current Assets	0.07	0.37	0.37	0.12	-1.0	0.48	1.0	1.0	0.6	-0.35	-0.16	0.5	-0.1		-0.38	-0.53	-0.53	-0.23	-0.4	-0.44	0.28	-0.52	-0.38	-0.28	-0.47	-0.47
Short Long Term Debt Total	0.53	0.12	0.12	0.52	0.38	-0.64	-0.39	-0.39	0.08	0.61	0.66	-0.12	0.48	-0.38		0.58	0.58	0.06	0.21	0.13	-0.34	0.64	0.28	0.32	0.56	0.45
Property Plant And Equipment Net	0.8	0.39	0.39	0.76	0.55	-0.57	-0.55	-0.55	-0.12	0.48	0.39	-0.2	0.76	-0.53	0.58		1.0	0.08	0.74	0.56	0.06	0.69	0.76	0.87	0.92	0.98
Non Current Assets Total	0.8	0.39	0.39	0.76	0.55	-0.57	-0.55	-0.55	-0.12	0.48	0.39	-0.2	0.77	-0.53	0.58	1.0		0.08	0.74	0.56	0.06	0.69	0.76	0.87	0.92	0.98
Non Currrent Assets Other	-0.03	0.15	0.15	-0.1	0.23	-0.19	-0.22	-0.23	-0.19	-0.02	0.0	-0.12	0.19	-0.23	0.06	0.08	0.08		0.19	0.15	0.09	0.11	0.17	-0.16	0.0	0.05
Non Current Liabilities Total	0.56	0.27	0.27	0.43	0.44	-0.3	-0.43	-0.41	-0.38	0.19	0.11	-0.07	0.83	-0.4	0.21	0.74	0.74	0.19		0.47	0.12	0.33	0.98	0.59	0.67	0.75
Inventory	0.33	-0.05	-0.05	0.3	0.46	-0.63	-0.46	-0.45	-0.16	0.58	0.0	-0.75	0.33	-0.44	0.13	0.56	0.56	0.15	0.47		-0.18	0.74	0.48	0.44	0.69	0.59
Accounts Payable	0.15	0.75	0.75	0.17	-0.29	0.62	0.29	0.27	0.04	-0.67	-0.08	0.32	0.08	0.28	-0.34	0.06	0.06	0.09	0.12	-0.18		-0.45	0.06	0.34	-0.09	0.13
Common Stock	0.5	-0.09	-0.09	0.5	0.53	-0.92	-0.55	-0.54	0.0	0.87	0.33	-0.61	0.4	-0.52	0.64	0.69	0.69	0.11	0.33	0.74	-0.45		0.39	0.48	0.81	0.65
Other Liab	0.6	0.27	0.27	0.47	0.42	-0.36	-0.41	-0.39	-0.28	0.29	0.11	-0.11	0.83	-0.38	0.28	0.76	0.76	0.17	0.98	0.48	0.06	0.39		0.62	0.72	0.78
Net Tangible Assets	0.75	0.54	0.54	0.77	0.29	-0.26	-0.29	-0.3	0.07	0.28	0.23	-0.09	0.57	-0.28	0.32	0.87	0.87	-0.16	0.59	0.44	0.34	0.48	0.62		0.85	0.93
Other Assets	0.73	0.25	0.25	0.71	0.49	-0.67	-0.5	-0.49	-0.02	0.66	0.35	-0.36	0.66	-0.47	0.56	0.92	0.92	0.0	0.67	0.69	-0.09	0.81	0.72	0.85		0.93
Property Plant Equipment	0.78	0.41	0.41	0.75	0.48	-0.49	-0.48	-0.48	-0.08	0.45	0.26	-0.21	0.72	-0.47	0.45	0.98	0.98	0.05	0.75	0.59	0.13	0.65	0.78	0.93	0.93

Click cells to compare fundamentals

Leading Edge Account Relationship Matchups

Leading Edge fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	27.2M	28.8M	23.8M	25.4M	29.2M	27.7M
Other Current Liab	450.7K	205.3K	203.4K	329.4K	296.5K	371.8K
Total Current Liabilities	450.7K	205.3K	203.4K	329.4K	296.5K	371.8K
Total Stockholder Equity	19.7M	18.6M	18.3M	20.4M	23.4M	20.5M
Net Debt	(3.4M)	(1.3M)	(1.2M)	(2.4M)	(2.8M)	(2.9M)
Retained Earnings	(39.9M)	(41.1M)	(44.7M)	(46.9M)	(42.2M)	(40.1M)
Cash	3.4M	1.3M	1.2M	2.4M	2.2M	3.4M
Cash And Short Term Investments	3.4M	2.3M	1.3M	2.6M	2.3M	3.5M
Net Receivables	43.9K	19.7K	15.9K	193.2K	173.9K	182.6K
Common Stock Shares Outstanding	118.5M	147.0M	151.8M	167.1M	192.2M	201.8M
Liabilities And Stockholders Equity	27.2M	28.8M	23.8M	25.4M	29.2M	27.7M
Other Current Assets	129.9K	61.6K	45.4K	110.9K	127.5K	91.2K
Other Stockholder Equity	6.0M	5.8M	6.2M	447.0K	402.3K	382.2K
Total Liab	7.5M	10.2M	5.5M	5.0M	5.8M	7.3M
Total Current Assets	3.7M	2.6M	1.6M	3.0M	2.7M	3.7M
Property Plant And Equipment Net	23.4M	26.1M	22.2M	22.3M	25.6M	24.4M
Non Current Assets Total	23.5M	26.2M	22.3M	22.3M	25.7M	24.5M
Non Currrent Assets Other	108.5K	105.6K	(1.0)	91.4K	105.1K	99.8K
Non Current Liabilities Total	7.1M	9.9M	5.3M	4.7M	5.4M	7.3M
Inventory	192.5K	175.6K	160.4K	160.6K	184.7K	159.3K
Accounts Payable	491.3K	380.7K	195.3K	193.7K	174.3K	165.6K
Common Stock	53.4M	53.5M	55.4M	59.2M	68.1M	48.3M
Other Liab	7.7M	7.1M	9.9M	5.3M	6.1M	8.1M
Net Tangible Assets	16.5M	19.7M	18.6M	18.3M	21.1M	22.4M
Other Assets	97.7K	108.5K	105.6K	97.6K	112.3K	110.7K
Property Plant Equipment	24.0M	23.4M	26.1M	22.2M	25.5M	27.5M
Non Current Liabilities Other	595.3K	579.6K	496.8K	497.3K	447.6K	447.5K
Net Invested Capital	19.7M	18.6M	18.3M	20.4M	18.3M	17.0M
Net Working Capital	3.3M	2.4M	1.4M	2.7M	3.1M	2.2M
Capital Stock	53.4M	53.5M	55.4M	59.2M	68.1M	58.2M

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