Lara Ev To Sales vs Book Value Per Share Analysis

LRA Stock  CAD 1.40  0.03  2.10%   
Lara Exploration financial indicator trend analysis is infinitely more than just investigating Lara Exploration recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lara Exploration is a good investment. Please check the relationship between Lara Exploration Ev To Sales and its Book Value Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lara Exploration. 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.

Ev To Sales vs Book Value Per Share

Ev To Sales vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lara Exploration Ev To Sales account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lara Exploration's Ev To Sales and Book Value Per Share is -0.39. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Lara Exploration, assuming nothing else is changed. The correlation between historical values of Lara Exploration's Ev To Sales and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Lara Exploration are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ev To Sales i.e., Lara Exploration's Ev To Sales and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Lara Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lara Exploration 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 Lara Exploration. 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.
Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is likely to drop slightly above 943.6 K in 2024.
 2017 2018 2023 2024 (projected)
Interest Income18.6K8.1K7.2K11.2K
Net Interest Income18.6K8.1K7.2K11.2K

Lara Exploration fundamental ratios Correlations

0.380.990.58-0.790.030.780.910.850.480.280.570.380.89-0.15-0.4-0.010.20.27-0.420.560.32-0.24-0.070.60.28
0.380.270.2-0.24-0.130.250.480.150.390.310.271.00.180.020.06-0.04-0.280.77-0.32-0.050.36-0.050.440.390.01
0.990.270.59-0.790.050.790.890.870.450.250.560.270.9-0.17-0.42-0.010.240.18-0.390.580.3-0.25-0.130.570.3
0.580.20.59-0.520.60.520.650.440.63-0.340.890.20.36-0.8-0.570.04-0.39-0.1-0.080.10.09-0.81-0.64-0.050.84
-0.79-0.24-0.79-0.52-0.05-1.0-0.51-0.95-0.21-0.18-0.43-0.24-0.90.160.480.170.15-0.090.37-0.15-0.410.220.1-0.15-0.24
0.03-0.130.050.6-0.050.050.15-0.070.25-0.910.35-0.13-0.13-0.84-0.55-0.11-0.23-0.360.710.080.14-0.84-0.65-0.060.88
0.780.250.790.52-1.00.050.510.940.210.180.420.240.9-0.16-0.48-0.16-0.160.09-0.370.140.42-0.22-0.10.150.25
0.910.480.890.65-0.510.150.510.590.610.170.680.480.63-0.3-0.310.110.170.34-0.330.580.18-0.38-0.110.660.4
0.850.150.870.44-0.95-0.070.940.590.20.30.360.140.96-0.02-0.46-0.180.070.13-0.430.360.29-0.09-0.020.30.14
0.480.390.450.63-0.210.250.210.610.2-0.050.550.390.25-0.3-0.36-0.05-0.090.05-0.220.250.08-0.3-0.150.130.34
0.280.310.25-0.34-0.18-0.910.180.170.3-0.05-0.110.320.340.740.40.130.180.42-0.810.00.00.650.560.26-0.7
0.570.270.560.89-0.430.350.420.680.360.55-0.110.270.32-0.73-0.320.39-0.35-0.01-0.310.11-0.06-0.74-0.58-0.020.7
0.381.00.270.2-0.24-0.130.240.480.140.390.320.270.180.020.05-0.04-0.280.77-0.32-0.050.36-0.040.440.390.01
0.890.180.90.36-0.9-0.130.90.630.960.250.340.320.180.05-0.4-0.150.260.14-0.430.490.36-0.010.010.410.06
-0.150.02-0.17-0.80.16-0.84-0.16-0.3-0.02-0.30.74-0.730.020.050.45-0.220.40.28-0.36-0.010.040.960.770.2-0.95
-0.40.06-0.42-0.570.48-0.55-0.48-0.31-0.46-0.360.4-0.320.05-0.40.450.520.050.15-0.26-0.31-0.260.470.45-0.04-0.6
-0.01-0.04-0.010.040.17-0.11-0.160.11-0.18-0.050.130.39-0.04-0.15-0.220.52-0.04-0.17-0.2-0.07-0.32-0.25-0.21-0.030.03
0.2-0.280.24-0.390.15-0.23-0.160.170.07-0.090.18-0.35-0.280.260.40.05-0.04-0.020.120.80.020.380.130.62-0.31
0.270.770.18-0.1-0.09-0.360.090.340.130.050.42-0.010.770.140.280.15-0.17-0.02-0.330.080.350.260.650.48-0.23
-0.42-0.32-0.39-0.080.370.71-0.37-0.33-0.43-0.22-0.81-0.31-0.32-0.43-0.36-0.26-0.20.12-0.330.090.08-0.37-0.290.010.42
0.56-0.050.580.1-0.150.080.140.580.360.250.00.11-0.050.49-0.01-0.31-0.070.80.080.090.01-0.03-0.020.730.13
0.320.360.30.09-0.410.140.420.180.290.080.0-0.060.360.360.04-0.26-0.320.020.350.080.01-0.060.10.270.08
-0.24-0.05-0.25-0.810.22-0.84-0.22-0.38-0.09-0.30.65-0.74-0.04-0.010.960.47-0.250.380.26-0.37-0.03-0.060.770.08-0.97
-0.070.44-0.13-0.640.1-0.65-0.1-0.11-0.02-0.150.56-0.580.440.010.770.45-0.210.130.65-0.29-0.020.10.770.35-0.77
0.60.390.57-0.05-0.15-0.060.150.660.30.130.26-0.020.390.410.2-0.04-0.030.620.480.010.730.270.080.35-0.05
0.280.010.30.84-0.240.880.250.40.140.34-0.70.70.010.06-0.95-0.60.03-0.31-0.230.420.130.08-0.97-0.77-0.05
Click cells to compare fundamentals

Lara Exploration Account Relationship Matchups

Lara Exploration fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6M2.2M5.8M8.6M6.2M4.4M
Total Current Liabilities554.0K307.2K1.5M594.3K208.3K197.8K
Total Stockholder Equity2.0M1.9M4.3M8.0M6.0M4.0M
Property Plant And Equipment Net139.9K114.5K94.9K96.5K9.0K8.6K
Net Debt(2.1M)(1.6M)(1.9M)(3.3M)(1.0M)(1.1M)
Retained Earnings(33.7M)(34.7M)(32.3M)(32.6M)(35.6M)(33.9M)
Cash2.1M1.6M1.9M3.3M1.0M978.5K
Non Current Assets Total381.0K547.0K3.6M3.7M3.5M2.3M
Cash And Short Term Investments2.1M1.6M1.9M3.3M2.5M1.9M
Net Receivables56.6K36.1K81.1K56.8K59.1K88.4K
Common Stock Shares Outstanding37.7M39.2M39.6M43.0M45.8M30.5M
Liabilities And Stockholders Equity2.6M2.2M5.8M8.6M6.2M4.4M
Other Stockholder Equity9.3M9.3M9.8M9.8M8.8M10.8M
Total Liab554.0K318.4K1.5M594.3K208.3K197.8K
Total Current Assets2.2M1.7M2.2M4.9M2.7M2.8M
Common Stock24.4M26.4M26.8M30.8M35.4M21.6M
Accounts Payable144.7K108.4K252.0K175.4K208.3K171.0K
Accumulated Other Comprehensive Income9.3M9.3M9.8M9.8M10.9M5.8M
Net Tangible Assets2.0M1.9M4.3M8.0M9.2M9.6M
Other Current Assets63.1K39.6K159.9K49.1K81.6K63.6K
Long Term Investments183.6K375.1K3.5M3.5M3.4M1.7M
Property Plant Equipment139.9K114.5K94.9K96.5K86.9K82.5K
Net Invested Capital2.0M1.9M4.3M8.0M6.0M4.3M
Net Working Capital1.6M1.4M701.4K4.3M2.5M2.1M

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Additional Tools for Lara Stock Analysis

When running Lara Exploration's price analysis, check to measure Lara Exploration's 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 Lara Exploration is operating at the current time. Most of Lara Exploration's value examination focuses on studying past and present price action to predict the probability of Lara Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lara Exploration's price. Additionally, you may evaluate how the addition of Lara Exploration to your portfolios can decrease your overall portfolio volatility.