| LEV Stock | | | CAD 0.35 0.00 0.00% |
Lion Electric financial indicator trend analysis is infinitely more than just investigating Lion Electric Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lion Electric Corp is a good investment. Please check the relationship between Lion Electric Total Other Income Expense Net and its Reconciled Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Electric Corp. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lion Electric Corp Total Other Income Expense Net account and
Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lion Electric's Total Other Income Expense Net and Reconciled Depreciation is -0.01. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Lion Electric Corp, assuming nothing else is changed. The correlation between historical values of Lion Electric's Total Other Income Expense Net and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Lion Electric Corp are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Other Income Expense Net i.e., Lion Electric's Total Other Income Expense Net and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.01 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Most indicators from Lion Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lion Electric Corp 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 Lion Electric Corp. 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.
As of the 1st of February 2025,
Enterprise Value is likely to grow to about 1
B, while
Selling General Administrative is likely to drop about 43.9
M.
Balance Sheet is a snapshot of the
financial position of Lion Electric Corp at a specified time, usually calculated after every quarter, six months, or one year. Lion Electric Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lion Electric and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Lion currently owns. An asset can also be divided into two categories, current and non-current.