Loop Net Debt vs Retained Earnings Analysis

LOOP Stock

USD 1.44 0.03 2.13%

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

To learn how to invest in Loop Stock, please use our How to Invest in Loop Industries guide.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Loop Industries Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Loop Industries' Net Debt and Retained Earnings is 0.56. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Loop Industries, assuming nothing else is changed. The correlation between historical values of Loop Industries' Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Loop Industries are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Loop Industries' Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

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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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Loop Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Loop Industries 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 Loop Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Loop Stock, please use our How to Invest in Loop Industries guide.As of 11/26/2024, Enterprise Value is likely to grow to about 480.6 M, while Selling General Administrative is likely to drop slightly above 7.3 M.

Loop Industries fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Common Stock Total Equity	Retained Earnings Total Equity	Capital Surpluse	Property Plant And Equipment Net	Non Current Assets Total	Net Receivables	Inventory	Intangible Assets	Property Plant Equipment
Total Assets		0.93	0.85	0.99	-0.96	-0.75	0.83	0.98	0.98	0.85	0.68	0.76	0.81	0.92	0.99	0.07	0.88	-0.29	-0.94	0.95	0.45	0.54	0.91	-0.33	0.56	0.64
Other Current Liab	0.93		0.78	0.92	-0.9	-0.63	0.82	0.9	0.9	0.72	0.62	0.71	0.7	0.84	0.91	0.06	0.83	-0.21	-0.78	0.81	0.46	0.53	0.88	-0.35	0.48	0.66
Total Current Liabilities	0.85	0.78		0.78	-0.78	-0.52	0.94	0.84	0.84	0.6	0.46	0.52	0.58	0.97	0.83	0.0	0.65	-0.03	-0.73	0.74	0.43	0.49	0.92	-0.6	0.25	0.68
Total Stockholder Equity	0.99	0.92	0.78		-0.97	-0.74	0.79	0.98	0.98	0.85	0.68	0.77	0.8	0.86	0.99	0.08	0.88	-0.34	-0.95	0.95	0.4	0.5	0.88	-0.29	0.58	0.57
Net Debt	-0.96	-0.9	-0.78	-0.97		0.56	-0.84	-0.99	-0.99	-0.72	-0.48	-0.71	-0.64	-0.82	-0.98	-0.06	-0.75	0.34	0.88	-0.87	-0.19	-0.31	-0.92	0.41	-0.4	-0.42
Retained Earnings	-0.75	-0.63	-0.52	-0.74	0.56		-0.38	-0.61	-0.61	-0.94	-0.98	-0.56	-0.99	-0.68	-0.67	-0.12	-0.95	0.35	0.8	-0.85	-0.82	-0.88	-0.49	-0.06	-0.93	-0.75
Accounts Payable	0.83	0.82	0.94	0.79	-0.84	-0.38		0.87	0.87	0.51	0.3	0.42	0.46	0.89	0.83	-0.01	0.59	-0.07	-0.66	0.67	0.27	0.35	0.97	-0.75	0.15	0.56
Cash	0.98	0.9	0.84	0.98	-0.99	-0.61	0.87		1.0	0.76	0.53	0.73	0.68	0.88	0.99	0.06	0.78	-0.3	-0.91	0.9	0.26	0.37	0.94	-0.41	0.42	0.5
Cash And Short Term Investments	0.98	0.9	0.84	0.98	-0.99	-0.61	0.87	1.0		0.76	0.53	0.73	0.68	0.88	0.99	0.06	0.78	-0.3	-0.91	0.9	0.26	0.37	0.94	-0.41	0.42	0.5
Common Stock Shares Outstanding	0.85	0.72	0.6	0.85	-0.72	-0.94	0.51	0.76	0.76		0.88	0.66	0.95	0.77	0.79	0.15	0.93	-0.4	-0.89	0.94	0.65	0.73	0.62	-0.02	0.83	0.72
Non Current Liabilities Total	0.68	0.62	0.46	0.68	-0.48	-0.98	0.3	0.53	0.53	0.88		0.58	0.97	0.63	0.61	0.11	0.92	-0.25	-0.74	0.78	0.87	0.91	0.41	0.16	0.92	0.77
Other Current Assets	0.76	0.71	0.52	0.77	-0.71	-0.56	0.42	0.73	0.73	0.66	0.58		0.6	0.62	0.77	0.07	0.61	-0.16	-0.82	0.77	0.23	0.26	0.52	0.26	0.39	0.44
Other Stockholder Equity	0.81	0.7	0.58	0.8	-0.64	-0.99	0.46	0.68	0.68	0.95	0.97	0.6		0.73	0.75	0.12	0.97	-0.36	-0.85	0.89	0.79	0.86	0.57	0.01	0.91	0.74
Total Liab	0.92	0.84	0.97	0.86	-0.82	-0.68	0.89	0.88	0.88	0.77	0.63	0.62	0.73		0.87	0.03	0.78	-0.11	-0.84	0.86	0.55	0.61	0.9	-0.46	0.43	0.79
Total Current Assets	0.99	0.91	0.83	0.99	-0.98	-0.67	0.83	0.99	0.99	0.79	0.61	0.77	0.75	0.87		0.07	0.83	-0.32	-0.94	0.93	0.34	0.44	0.91	-0.33	0.5	0.52
Common Stock	0.07	0.06	0.0	0.08	-0.06	-0.12	-0.01	0.06	0.06	0.15	0.11	0.07	0.12	0.03	0.07		0.12	-0.24	-0.08	0.09	0.05	0.07	0.02	0.08	0.17	0.01
Net Tangible Assets	0.88	0.83	0.65	0.88	-0.75	-0.95	0.59	0.78	0.78	0.93	0.92	0.61	0.97	0.78	0.83	0.12		-0.4	-0.85	0.9	0.75	0.83	0.69	-0.13	0.87	0.73
Common Stock Total Equity	-0.29	-0.21	-0.03	-0.34	0.34	0.35	-0.07	-0.3	-0.3	-0.4	-0.25	-0.16	-0.36	-0.11	-0.32	-0.24	-0.4		0.3	-0.32	-0.03	-0.13	-0.17	-0.09	-0.55	0.14
Retained Earnings Total Equity	-0.94	-0.78	-0.73	-0.95	0.88	0.8	-0.66	-0.91	-0.91	-0.89	-0.74	-0.82	-0.85	-0.84	-0.94	-0.08	-0.85	0.3		-0.99	-0.43	-0.51	-0.75	0.1	-0.62	-0.58
Capital Surpluse	0.95	0.81	0.74	0.95	-0.87	-0.85	0.67	0.9	0.9	0.94	0.78	0.77	0.89	0.86	0.93	0.09	0.9	-0.32	-0.99		0.5	0.59	0.77	-0.15	0.68	0.65
Property Plant And Equipment Net	0.45	0.46	0.43	0.4	-0.19	-0.82	0.27	0.26	0.26	0.65	0.87	0.23	0.79	0.55	0.34	0.05	0.75	-0.03	-0.43	0.5		0.99	0.29	-0.01	0.76	0.86
Non Current Assets Total	0.54	0.53	0.49	0.5	-0.31	-0.88	0.35	0.37	0.37	0.73	0.91	0.26	0.86	0.61	0.44	0.07	0.83	-0.13	-0.51	0.59	0.99		0.38	-0.08	0.82	0.85
Net Receivables	0.91	0.88	0.92	0.88	-0.92	-0.49	0.97	0.94	0.94	0.62	0.41	0.52	0.57	0.9	0.91	0.02	0.69	-0.17	-0.75	0.77	0.29	0.38		-0.67	0.28	0.54
Inventory	-0.33	-0.35	-0.6	-0.29	0.41	-0.06	-0.75	-0.41	-0.41	-0.02	0.16	0.26	0.01	-0.46	-0.33	0.08	-0.13	-0.09	0.1	-0.15	-0.01	-0.08	-0.67		0.19	-0.19
Intangible Assets	0.56	0.48	0.25	0.58	-0.4	-0.93	0.15	0.42	0.42	0.83	0.92	0.39	0.91	0.43	0.5	0.17	0.87	-0.55	-0.62	0.68	0.76	0.82	0.28	0.19		0.53
Property Plant Equipment	0.64	0.66	0.68	0.57	-0.42	-0.75	0.56	0.5	0.5	0.72	0.77	0.44	0.74	0.79	0.52	0.01	0.73	0.14	-0.58	0.65	0.86	0.85	0.54	-0.19	0.53

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Loop Industries Account Relationship Matchups

Pair Trading with Loop Industries

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 Loop Industries 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 Loop Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Loop Stock

0.68	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.69	DNMR	Danimer Scientific	Pair Corr

Moving against Loop Stock

0.6	WDFC	WD 40 Company	Pair Corr
0.51	ECVT	Ecovyst	Pair Corr
0.41	WTTR	Select Energy Services	Pair Corr

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

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

Additional Tools for Loop Stock Analysis

When running Loop Industries' price analysis, check to measure Loop Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Loop Industries is operating at the current time. Most of Loop Industries' value examination focuses on studying past and present price action to predict the probability of Loop Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loop Industries' price. Additionally, you may evaluate how the addition of Loop Industries to your portfolios can decrease your overall portfolio volatility.

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