Luokung Historical Balance Sheet
| LKCO Stock | USD 1.77 0.05 2.75% |
Trend analysis of Luokung Technology Corp balance sheet accounts such as Property Plant And Equipment Net of 1.7 M provides information on Luokung Technology's total assets, liabilities, and equity, which is the actual value of Luokung Technology Corp to its prevalent stockholders. By breaking down trends over time using Luokung Technology balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Luokung Technology Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Luokung Technology Corp is a good buy for the upcoming year.
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About Luokung Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Luokung Technology Corp at a specified time, usually calculated after every quarter, six months, or one year. Luokung Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Luokung Technology 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 Luokung currently owns. An asset can also be divided into two categories, current and non-current.
Luokung Technology Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Luokung Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Luokung Technology Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Additional Paid In Capital
Additional Paid In Capital (or APIC) is an accounting term found on Luokung Technology Corp Balance Sheet under Shareholders Equity. It is the value of the shares of the company above what they were issued it. The basic calculation is as follow: (Issue Price - Par Value) x Luokung Technology Shares Outstanding. Additional Paid In Capital is not affected by secondary trading of Luokung Technology Corp shares and does not have any impact on the value of APIC. The excess amount paid by investors over the par value of a company's shares, representing the additional capital contributed by shareholders.Most accounts from Luokung Technology's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Luokung Technology Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Luokung Technology 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 main economic indicators. At this time, Luokung Technology's Non Current Assets Total are very stable compared to the past year. As of the 12th of December 2024, Non Currrent Assets Other is likely to grow to about 16.7 M, though Total Stockholder Equity is likely to grow to (58.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Cash | 16.4M | 1.3M | 84.0K | 79.8K | Accounts Payable | 9.2M | 8.1M | 8.2M | 8.6M |
Luokung Technology balance sheet Correlations
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Luokung Technology Account Relationship Matchups
High Positive Relationship
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Luokung Technology balance sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 117.9M | 129.2M | 265.2M | 233.6M | 53.6M | 82.0M | |
| Other Current Liab | 22.6M | 47.3M | 31.4M | 47.8M | 55.0M | 57.8M | |
| Total Current Liabilities | 30.7M | 73.6M | 101.7M | 94.8M | 100.7M | 105.8M | |
| Total Stockholder Equity | 54.4M | 52.6M | 146.1M | 114.1M | (61.4M) | (58.3M) | |
| Property Plant And Equipment Net | 1.3M | 884.1K | 10.1M | 6.2M | 1.8M | 1.7M | |
| Current Deferred Revenue | 2.1M | 657.5K | 1.6M | 2.1M | 1.9M | 1.9M | |
| Net Debt | 31.3M | 43.5M | 42.9M | 53.0M | 53.1M | 55.8M | |
| Retained Earnings | (73.4M) | (113.2M) | (182.7M) | (235.2M) | (416.6M) | (395.8M) | |
| Accounts Payable | 4.3M | 5.8M | 9.2M | 8.1M | 8.2M | 8.6M | |
| Cash | 3.7M | 71.8K | 16.4M | 1.3M | 84.0K | 79.8K | |
| Non Current Assets Total | 76.9M | 117.1M | 207.5M | 188.8M | 46.5M | 57.5M | |
| Non Currrent Assets Other | (60.3M) | 61.4M | 4.2M | 13.9M | 15.9M | 16.7M | |
| Cash And Short Term Investments | 3.7M | 71.8K | 16.4M | 1.3M | 1.1M | 1.1M | |
| Net Receivables | 32.4M | 4.0M | 14.5M | 10.6M | 3.3M | 3.2M | |
| Common Stock Total Equity | 1.0 | 2.0M | 2.1M | 2.4M | 2.8M | 2.9M | |
| Common Stock Shares Outstanding | 6.7M | 924.9K | 1.4M | 1.8M | 2.0M | 1.3M | |
| Liabilities And Stockholders Equity | 117.9M | 129.2M | 265.2M | 233.6M | 268.7M | 282.1M | |
| Non Current Liabilities Total | 33.2M | 2.9M | 9.6M | 14.7M | 16.1M | 8.5M | |
| Inventory | (27.3B) | (8.0B) | (27.5B) | (170.0K) | (153.0K) | (160.6K) | |
| Other Current Assets | 27.3B | 8.0M | 26.8M | 36.2M | 41.6M | 39.6M | |
| Other Stockholder Equity | 124.1M | 164.8M | 316.3M | 343.9M | 395.5M | 415.3M | |
| Total Liab | 63.9M | 76.5M | 111.3M | 109.5M | 116.9M | 122.7M | |
| Property Plant And Equipment Gross | 1.3M | 884.1K | 14.8M | 9.4M | 5.1M | 7.3M | |
| Total Current Assets | 41.0M | 12.0M | 57.7M | 44.8M | 7.1M | 6.8M | |
| Accumulated Other Comprehensive Income | 1.4M | (1.5M) | (1.6M) | 543.0K | 488.7K | 464.2K | |
| Short Term Debt | 1.7M | 40.9M | 56.3M | 53.1M | 61.1M | 64.1M | |
| Intangible Assets | 47.3M | 42.7M | 102.9M | 87.7M | 43.3M | 24.3M | |
| Common Stock | 2.1M | 2.4M | 3.9M | 4.9M | 5.7M | 5.9M | |
| Property Plant Equipment | 1.3M | 884.1K | 10.1M | 6.2M | 5.6M | 4.8M | |
| Other Liab | 32.9M | 2.9M | 6.6M | 3.3M | 3.8M | 7.2M | |
| Net Tangible Assets | (4.8M) | (2.3M) | (38.8M) | (53.8M) | (48.5M) | (46.0M) | |
| Other Assets | 16.6M | 61.4M | 12.3M | 14.2M | 16.3M | 14.5M | |
| Good Will | 11.7M | 12.0M | 81.8M | 80.3M | 377.7K | 358.8K | |
| Short Long Term Debt | 1.3M | 40.6M | 54.9M | 51.4M | 53.2M | 29.0M | |
| Short Long Term Debt Total | 34.9M | 43.6M | 59.4M | 54.3M | 62.4M | 37.2M | |
| Net Invested Capital | 88.4M | 95.6M | 200.7M | 165.6M | (8.2M) | (7.8M) | |
| Net Working Capital | 10.3M | (61.6M) | (44.0M) | (50.0M) | (93.6M) | (88.9M) |
Pair Trading with Luokung Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Luokung Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Luokung Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Luokung Stock
Moving against Luokung Stock
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The ability to find closely correlated positions to Luokung Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Luokung Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Luokung Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Luokung Technology Corp to buy it.
The correlation of Luokung Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Luokung Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luokung Technology Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Luokung Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luokung Technology 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 main economic indicators. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Interactive Media & Services 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 Luokung Technology. If investors know Luokung 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 Luokung Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (630.28) | Revenue Per Share 4.604 | Quarterly Revenue Growth (0.87) | Return On Assets (0.44) | Return On Equity (4.47) |
The market value of Luokung Technology Corp is measured differently than its book value, which is the value of Luokung that is recorded on the company's balance sheet. Investors also form their own opinion of Luokung Technology's value that differs from its market value or its book value, called intrinsic value, which is Luokung Technology's 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 Luokung Technology's market value can be influenced by many factors that don't directly affect Luokung Technology's 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 Luokung Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Luokung Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luokung Technology's 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.