Leons Income Quality vs Ptb Ratio Analysis

LNF Stock

CAD 26.70 0.14 0.53%

Leons Furniture financial indicator trend analysis is infinitely more than just investigating Leons Furniture recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leons Furniture is a good investment. Please check the relationship between Leons Furniture Income Quality and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leons Furniture Limited. 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.

Income Quality vs Ptb Ratio

Income Quality vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leons Furniture Income Quality account and Ptb Ratio. At this time, the significance of the direction appears to have no relationship.

The correlation between Leons Furniture's Income Quality and Ptb Ratio is 0.03. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Leons Furniture Limited, assuming nothing else is changed. The correlation between historical values of Leons Furniture's Income Quality and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Leons Furniture Limited are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Income Quality i.e., Leons Furniture's Income Quality and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Leons Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leons Furniture 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 Leons Furniture Limited. 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, Leons Furniture's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Tax Provision is likely to grow to about 46.8 M, while Sales General And Administrative To Revenue is likely to drop 0.16.

	2021	2022	2023	2024 (projected)
Gross Profit	1.1B	1.1B	1.1B	570.4M
Total Revenue	2.5B	2.5B	2.5B	1.3B

Gross Profit Total Revenue

Leons Furniture fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Short Term Investments	Other Current Assets	Common Stock Total Equity
Total Assets		0.25	0.66	0.9	0.9	0.91	0.52	0.88	0.71	0.48	0.88	0.62	0.44	0.75	0.14	0.77	0.83	-0.35	0.91	0.54	0.92	0.12	0.88	-0.12	0.71	0.65
Short Long Term Debt Total	0.25		0.18	0.14	0.23	0.43	0.29	0.25	-0.13	0.09	0.22	0.11	0.26	0.12	-0.38	0.28	0.11	0.28	0.23	0.24	0.24	0.52	0.28	0.27	0.13	0.1
Other Current Liab	0.66	0.18		0.87	0.49	0.69	0.04	0.42	0.16	0.81	0.58	0.49	0.76	0.52	-0.1	0.35	0.58	0.07	0.73	0.69	0.8	0.39	0.85	0.23	0.75	0.68
Total Current Liabilities	0.9	0.14	0.87		0.74	0.81	0.22	0.69	0.55	0.73	0.74	0.5	0.66	0.62	0.15	0.53	0.72	-0.12	0.86	0.56	0.94	0.32	0.93	0.02	0.8	0.65
Total Stockholder Equity	0.9	0.23	0.49	0.74		0.86	0.34	0.99	0.62	0.42	0.76	0.46	0.48	0.72	-0.01	0.57	0.76	-0.44	0.71	0.52	0.89	0.21	0.76	0.17	0.63	0.74
Property Plant And Equipment Net	0.91	0.43	0.69	0.81	0.86		0.43	0.82	0.41	0.57	0.79	0.53	0.58	0.66	-0.04	0.67	0.71	-0.31	0.82	0.63	0.89	0.24	0.82	0.18	0.65	0.71
Net Debt	0.52	0.29	0.04	0.22	0.34	0.43		0.38	0.52	-0.35	0.73	0.63	-0.4	0.64	-0.05	0.91	0.64	-0.4	0.63	0.35	0.19	-0.32	0.32	-0.6	0.07	0.22
Retained Earnings	0.88	0.25	0.42	0.69	0.99	0.82	0.38		0.65	0.34	0.76	0.45	0.41	0.72	0.02	0.59	0.75	-0.44	0.69	0.46	0.85	0.18	0.73	0.12	0.56	0.68
Accounts Payable	0.71	-0.13	0.16	0.55	0.62	0.41	0.52	0.65		0.05	0.71	0.44	-0.05	0.61	0.37	0.66	0.69	-0.42	0.66	0.12	0.52	-0.2	0.56	-0.52	0.35	0.31
Cash	0.48	0.09	0.81	0.73	0.42	0.57	-0.35	0.34	0.05		0.28	0.17	0.95	0.18	0.03	0.03	0.25	0.02	0.45	0.4	0.72	0.4	0.69	0.48	0.74	0.54
Non Current Assets Total	0.88	0.22	0.58	0.74	0.76	0.79	0.73	0.76	0.71	0.28		0.76	0.23	0.91	-0.05	0.92	0.95	-0.47	0.97	0.66	0.74	-0.03	0.85	-0.26	0.57	0.72
Non Currrent Assets Other	0.62	0.11	0.49	0.5	0.46	0.53	0.63	0.45	0.44	0.17	0.76		0.09	0.82	-0.24	0.8	0.79	-0.32	0.77	0.68	0.52	-0.34	0.65	-0.33	0.59	0.56
Cash And Short Term Investments	0.44	0.26	0.76	0.66	0.48	0.58	-0.4	0.41	-0.05	0.95	0.23	0.09		0.18	-0.14	-0.05	0.23	0.07	0.37	0.44	0.72	0.58	0.65	0.68	0.7	0.6
Net Receivables	0.75	0.12	0.52	0.62	0.72	0.66	0.64	0.72	0.61	0.18	0.91	0.82	0.18		-0.33	0.78	0.98	-0.45	0.85	0.81	0.68	-0.02	0.77	-0.14	0.58	0.82
Common Stock Shares Outstanding	0.14	-0.38	-0.1	0.15	-0.01	-0.04	-0.05	0.02	0.37	0.03	-0.05	-0.24	-0.14	-0.33		0.01	-0.21	-0.05	-0.01	-0.67	-0.01	-0.3	-0.08	-0.47	-0.18	-0.47
Non Current Liabilities Total	0.77	0.28	0.35	0.53	0.57	0.67	0.91	0.59	0.66	0.03	0.92	0.8	-0.05	0.78	0.01		0.82	-0.45	0.87	0.5	0.52	-0.27	0.65	-0.49	0.4	0.46
Inventory	0.83	0.11	0.58	0.72	0.76	0.71	0.64	0.75	0.69	0.25	0.95	0.79	0.23	0.98	-0.21	0.82		-0.45	0.92	0.76	0.75	0.01	0.84	-0.18	0.63	0.81
Other Stockholder Equity	-0.35	0.28	0.07	-0.12	-0.44	-0.31	-0.4	-0.44	-0.42	0.02	-0.47	-0.32	0.07	-0.45	-0.05	-0.45	-0.45		-0.34	-0.22	-0.22	0.45	-0.21	0.17	-0.16	-0.41
Total Liab	0.91	0.23	0.73	0.86	0.71	0.82	0.63	0.69	0.66	0.45	0.97	0.77	0.37	0.85	-0.01	0.87	0.92	-0.34		0.68	0.81	0.04	0.92	-0.23	0.69	0.7
Property Plant And Equipment Gross	0.54	0.24	0.69	0.56	0.52	0.63	0.35	0.46	0.12	0.4	0.66	0.68	0.44	0.81	-0.67	0.5	0.76	-0.22	0.68		0.63	0.23	0.68	0.27	0.65	0.89
Total Current Assets	0.92	0.24	0.8	0.94	0.89	0.89	0.19	0.85	0.52	0.72	0.74	0.52	0.72	0.68	-0.01	0.52	0.75	-0.22	0.81	0.63		0.33	0.92	0.22	0.85	0.77
Short Term Debt	0.12	0.52	0.39	0.32	0.21	0.24	-0.32	0.18	-0.2	0.4	-0.03	-0.34	0.58	-0.02	-0.3	-0.27	0.01	0.45	0.04	0.23	0.33		0.29	0.62	0.21	0.24
Current Deferred Revenue	0.88	0.28	0.85	0.93	0.76	0.82	0.32	0.73	0.56	0.69	0.85	0.65	0.65	0.77	-0.08	0.65	0.84	-0.21	0.92	0.68	0.92	0.29		0.05	0.82	0.78
Short Term Investments	-0.12	0.27	0.23	0.02	0.17	0.18	-0.6	0.12	-0.52	0.48	-0.26	-0.33	0.68	-0.14	-0.47	-0.49	-0.18	0.17	-0.23	0.27	0.22	0.62	0.05		0.18	0.38
Other Current Assets	0.71	0.13	0.75	0.8	0.63	0.65	0.07	0.56	0.35	0.74	0.57	0.59	0.7	0.58	-0.18	0.4	0.63	-0.16	0.69	0.65	0.85	0.21	0.82	0.18		0.69
Common Stock Total Equity	0.65	0.1	0.68	0.65	0.74	0.71	0.22	0.68	0.31	0.54	0.72	0.56	0.6	0.82	-0.47	0.46	0.81	-0.41	0.7	0.89	0.77	0.24	0.78	0.38	0.69

Click cells to compare fundamentals

Leons Furniture Account Relationship Matchups

Leons Furniture fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.4B	2.5B	2.2B	2.2B	1.1B
Short Long Term Debt Total	556.5M	491.1M	456.3M	557.2M	453.9M	402.5M
Other Current Liab	153.8M	214.5M	469.6M	148.4M	159.2M	167.2M
Total Current Liabilities	571.0M	820.7M	1.2B	610.2M	622.1M	335.8M
Total Stockholder Equity	915.8M	1.0B	791.2M	928.9M	1.0B	535.2M
Property Plant And Equipment Net	720.8M	714.4M	657.8M	608.5M	651.8M	327.4M
Net Debt	467.5M	122.5M	74.1M	442.1M	371.2M	389.7M
Retained Earnings	793.1M	842.6M	627.2M	762.9M	856.9M	479.1M
Accounts Payable	134.0M	171.6M	145.3M	141.2M	151.6M	122.0M
Cash	89.0M	368.6M	382.1M	115.1M	82.7M	79.0M
Non Current Assets Total	1.4B	1.4B	1.4B	1.3B	1.4B	1.5B
Non Currrent Assets Other	11.6M	17.6M	19.9M	21.9M	22.6M	23.8M
Cash And Short Term Investments	197.2M	490.8M	490.0M	226.0M	187.1M	169.4M
Net Receivables	144.1M	134.8M	162.3M	188.7M	204.9M	215.2M
Common Stock Shares Outstanding	83.7M	82.1M	79.1M	68.2M	68.7M	62.6M
Liabilities And Stockholders Equity	2.1B	2.4B	2.5B	2.2B	2.2B	1.1B
Non Current Liabilities Total	643.2M	581.8M	462.2M	654.5M	571.2M	599.8M
Inventory	334.4M	332.1M	395.6M	410.6M	416.6M	437.4M
Other Stockholder Equity	3.5M	31K	14.0M	3.4M	3.0M	2.9M
Total Liab	1.2B	1.4B	1.7B	1.3B	1.2B	1.3B
Property Plant And Equipment Gross	720.8M	714.4M	1.5B	1.5B	1.6B	1.7B
Total Current Assets	698.3M	982.0M	1.1B	851.9M	835.1M	456.1M
Accumulated Other Comprehensive Income	3.4M	8.7M	14.0M	3.4M	6.8M	7.1M
Short Term Debt	95.6M	73.5M	164.9M	81.9M	82.6M	70.4M
Current Deferred Revenue	187.5M	361.2M	419.9M	238.7M	228.6M	240.0M
Short Term Investments	108.1M	122.2M	107.8M	110.8M	104.4M	97.6M
Other Current Assets	625K	24.3M	27.4M	26.6M	12.6M	9.0M
Common Stock Total Equity	93.4M	112.0M	115.7M	164.7M	189.4M	198.8M
Common Stock	115.7M	164.7M	150.0M	162.6M	164.9M	90.3M
Intangible Assets	271.8M	270.5M	270.2M	269.7M	271.2M	225.3M
Other Liab	167.6M	164.2M	170.8M	179.2M	161.3M	152.2M
Net Tangible Assets	253.8M	355.4M	130.9M	269.0M	309.4M	324.8M
Other Assets	44.7M	45.3M	44.9M	38.6M	44.4M	35.4M
Long Term Debt	118.8M	90.4M	0.0	226.9M	92.5M	163.8M
Deferred Long Term Liab	16.9M	17.6M	19.9M	21.9M	25.2M	16.2M
Property Plant Equipment	737.4M	730.6M	672.7M	608.5M	699.7M	533.3M
Long Term Debt Total	460.9M	417.7M	291.3M	475.3M	546.6M	359.3M
Capital Lease Obligations	412.7M	400.7M	366.3M	322.9M	353.9M	259.6M

Pair Trading with Leons Furniture

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 Leons Furniture 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 Leons Furniture will appreciate offsetting losses from the drop in the long position's value.

Moving against Leons Stock

0.75	JPM	JPMorgan Chase	Pair Corr
0.69	TSLA	Tesla Inc CDR	Pair Corr
0.64	NVDA	NVIDIA CDR	Pair Corr
0.62	AMZN	Amazon CDR	Pair Corr
0.58	GOOG	Alphabet CDR	Pair Corr

The ability to find closely correlated positions to Leons Furniture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Leons Furniture 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 Leons Furniture - 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 Leons Furniture Limited to buy it.

The correlation of Leons Furniture 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 Leons Furniture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Leons Furniture 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 Leons Furniture 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.

Pair Correlation Correlation Matching

Other Information on Investing in Leons Stock

Balance Sheet is a snapshot of the financial position of Leons Furniture at a specified time, usually calculated after every quarter, six months, or one year. Leons Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Leons Furniture 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 Leons currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Leons Income Quality vs Ptb Ratio Analysis

Income Quality vs Ptb Ratio

Income Quality vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Income Quality

Ptb Ratio

Leons Furniture fundamental ratios Correlations

Leons Furniture Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Leons Furniture fundamental ratios Accounts

Pair Trading with Leons Furniture

Moving against Leons Stock

Other Information on Investing in Leons Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.99	Total Stockholder Equity
Inventory	+ 0.98	Net Receivables
Total Liab	+ 0.97	Non Current Assets Total
Cash And Short Term Investments	+ 0.95	Cash
Inventory	+ 0.95	Non Current Assets Total
Total Current Assets	+ 0.94	Total Current Liabilities

Property Plant And Equipment Gross	- 0.67	Common Stock Shares Outstanding
Short Term Investments	- 0.6	Net Debt
Short Term Investments	- 0.52	Accounts Payable
Short Term Investments	- 0.49	Non Current Liabilities Total
Common Stock Total Equity	- 0.47	Common Stock Shares Outstanding
Short Term Investments	- 0.47	Common Stock Shares Outstanding