Luokung Historical Financial Ratios
| LKCO Stock | USD 1.77 0.05 2.75% |
Luokung Technology is lately reporting on over 110 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Invested Capital of 0.0 will help investors to properly organize and evaluate Luokung Technology Corp financial condition quickly.
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About Luokung Financial Ratios Analysis
Luokung Technology CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Luokung Technology investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Luokung financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Luokung Technology history.
Luokung Technology Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Luokung Technology Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Luokung Technology sales, a figure that is much harder to manipulate than other Luokung Technology Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Luokung Technology Corp dividend as a percentage of Luokung Technology stock price. Luokung Technology Corp dividend yield is a measure of Luokung Technology stock productivity, which can be interpreted as interest rate earned on an Luokung Technology investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.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 ratios from Luokung Technology's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 ROE is very stable compared to the past year. As of the 11th of December 2024, Intangibles To Total Assets is likely to grow to 0.86, while Price To Sales Ratio is likely to drop 0.82.
| 2023 | 2024 (projected) | Dividend Yield | 0.003782 | 0.004954 | Price To Sales Ratio | 0.86 | 0.82 |
Luokung Technology fundamentals Correlations
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Luokung Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Luokung Technology fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 17.45 | 8.26 | 1.4 | 0.69 | 0.86 | 0.82 | |
| Ptb Ratio | 11.56 | 6.02 | 2.87 | 1.39 | 0.56 | (0.14) | |
| Days Sales Outstanding | 629.55 | 79.1 | 36.42 | 41.2 | 167.04 | 158.69 | |
| Book Value Per Share | 64.44 | 56.97 | 110.25 | 70.3 | (28.44) | (27.02) | |
| Free Cash Flow Yield | (0.0561) | (0.11) | (0.27) | (0.29) | (0.0512) | (0.0537) | |
| Operating Cash Flow Per Share | (21.81) | (17.11) | (38.55) | (10.12) | (0.19) | (0.2) | |
| Capex To Depreciation | 0.0203 | 0.005657 | 0.11 | 0.0227 | 0.001781 | 0.001692 | |
| Pb Ratio | 11.56 | 6.02 | 2.87 | 1.39 | 0.56 | (0.14) | |
| Ev To Sales | 19.11 | 10.65 | 1.69 | 1.25 | 6.13 | 5.82 | |
| Free Cash Flow Per Share | (21.96) | (17.14) | (39.65) | (10.36) | (0.2) | (0.21) | |
| Roic | (0.35) | (0.47) | (0.28) | (0.34) | 22.6 | 23.73 | |
| Inventory Turnover | (5.49E-4) | (0.002188) | (0.004696) | (458.54) | (527.32) | (500.95) | |
| Net Income Per Share | (38.15) | (48.9) | (44.05) | (28.44) | (81.55) | (77.48) | |
| Days Of Inventory On Hand | (664.6K) | (166.8K) | (77.7K) | (0.8) | (0.92) | (0.96) | |
| Payables Turnover | 3.47 | 2.99 | 14.04 | 9.63 | 0.68 | 0.65 | |
| Sales General And Administrative To Revenue | 1.22 | 1.64 | 0.21 | 0.22 | 13.56 | 14.24 | |
| Research And Ddevelopement To Revenue | 0.46 | 0.51 | 0.31 | 0.53 | 2.46 | 2.58 | |
| Capex To Revenue | 0.00699 | 0.00186 | 0.0106 | 0.00454 | 0.002777 | 0.002639 | |
| Cash Per Share | 4.41 | 0.0776 | 11.78 | 0.72 | 0.15 | 0.14 | |
| Pocfratio | (17.94) | (9.54) | (3.77) | (3.59) | (20.87) | (19.83) | |
| Interest Coverage | (308.73) | (11.1) | (15.92) | (18.0) | (51.79) | (54.38) | |
| Capex To Operating Cash Flow | (0.007187) | (0.002147) | (0.0287) | (0.0238) | (0.0676) | (0.0642) | |
| Pfcf Ratio | (17.81) | (9.52) | (3.66) | (3.51) | (19.55) | (18.57) | |
| Days Payables Outstanding | 105.15 | 121.98 | 26.0 | 37.89 | 533.81 | 560.5 | |
| Income Quality | 0.57 | 0.4 | 0.88 | 0.36 | 0.002316 | 0.0022 | |
| Roe | (0.59) | (0.86) | (0.42) | (0.44) | 2.95 | 3.1 | |
| Ev To Operating Cash Flow | (19.65) | (12.29) | (4.57) | (6.56) | (149.05) | (141.59) | |
| Pe Ratio | (10.25) | (3.34) | (3.3) | (1.28) | (0.0484) | (0.0509) | |
| Return On Tangible Assets | (0.37) | (0.54) | (0.61) | (0.76) | (18.26) | (17.35) | |
| Ev To Free Cash Flow | (19.51) | (12.26) | (4.44) | (6.4) | (139.61) | (132.63) | |
| Earnings Yield | (0.0164) | (0.0975) | (0.3) | (0.78) | (20.65) | (19.61) | |
| Intangibles To Total Assets | 0.5 | 0.42 | 0.7 | 0.72 | 0.81 | 0.86 | |
| Net Debt To E B I T D A | (1.2) | (1.41) | (0.84) | (1.65) | (0.34) | (0.36) | |
| Current Ratio | 1.34 | 0.16 | 0.57 | 0.47 | 0.071 | 0.0674 | |
| Tangible Book Value Per Share | (6.04) | (2.14) | (22.08) | (24.84) | (48.09) | (45.69) | |
| Receivables Turnover | 0.58 | 4.61 | 10.02 | 8.86 | 2.19 | 2.15 | |
| Graham Number | 236.14 | 250.21 | 322.12 | 203.42 | 225.06 | 213.81 |
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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| 0.76 | WPP | WPP PLC ADR | PairCorr |
| 0.63 | DIS | Walt Disney Sell-off Trend | PairCorr |
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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 (652.40) | 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.