Lightbridge Historical Income Statement
| LTBR Stock | USD 6.30 0.51 7.49% |
Historical analysis of Lightbridge Corp income statement accounts such as Ebitda of 1.2 M can show how well Lightbridge Corp performed in making a profits. Evaluating Lightbridge Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lightbridge Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Lightbridge 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 Lightbridge Corp is a good buy for the upcoming year.
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About Lightbridge Income Statement Analysis
Lightbridge Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lightbridge Corp shareholders. The income statement also shows Lightbridge investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Lightbridge Corp Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lightbridge Corp. It is also known as Lightbridge Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Lightbridge Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lightbridge Corp current financial condition. On the other hand, looking into the entire matrix of income statement 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 Lightbridge 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 bureau of labor statistics. To learn how to invest in Lightbridge Stock, please use our How to Invest in Lightbridge Corp guide.At this time, Lightbridge Corp's Depreciation And Amortization is relatively stable compared to the past year. As of 11/25/2024, Interest Expense is likely to grow to about 349.5 K, though Operating Income is likely to grow to (8.6 M).
Lightbridge Corp income statement Correlations
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Lightbridge Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lightbridge Corp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 258.8K | 393.1K | 100.1K | 7.8K | 9.0M | 9.5M | |
| Other Operating Expenses | 7.7M | 9.1M | 8.0M | 7.8M | 9.0M | 8.2M | |
| Operating Income | (11.0M) | (14.5M) | (7.9M) | (7.8M) | (9.0M) | (8.6M) | |
| Ebit | (11.0M) | (14.4M) | (8.0M) | (7.8M) | (7.9M) | (8.3M) | |
| Ebitda | (10.6M) | (14.3M) | (7.9M) | (7.8M) | 1.1M | 1.2M | |
| Total Operating Expenses | 7.7M | 9.1M | 8.0M | 7.8M | 9.0M | 6.1M | |
| Income Before Tax | (10.6M) | (14.4M) | (7.8M) | (7.5M) | (7.9M) | (7.5M) | |
| Total Other Income Expense Net | 393.1K | 83.9K | 41.8K | 289.4K | 1.1M | 1.2M | |
| Net Income | (6.9M) | (19.7M) | (7.9M) | (7.2M) | (7.9M) | (8.3M) | |
| Income Tax Expense | (3.7M) | 5.3M | 86.6K | (289.4K) | (9.0K) | (8.6K) | |
| Research Development | 2.7M | 891.6K | 1.4M | 669.8K | 1.9M | 1.7M | |
| Gross Profit | 68.4K | 0.0 | (89.6K) | (100.1K) | (115.1K) | (120.9K) | |
| Cost Of Revenue | 107.1K | 0.0 | 89.6K | 100.1K | 90.1K | 85.6K | |
| Selling General Administrative | 5.7M | 8.3M | 7.1M | 7.5M | 7.0M | 6.1M | |
| Net Income From Continuing Ops | (10.6M) | (14.4M) | (7.8M) | (7.5M) | (7.4M) | (7.8M) | |
| Net Income Applicable To Common Shares | (11.3M) | (15.2M) | (12.0M) | (7.5M) | (6.7M) | (7.1M) | |
| Interest Income | 393.1K | 83.9K | 8.1K | 289.4K | 1.0M | 1.1M | |
| Net Interest Income | 393.1K | 83.9K | 8.1K | 289.4K | 1.0M | 1.1M | |
| Preferred Stock And Other Adjustments | 276.6K | 649.1K | 490.1K | 513.0K | 461.7K | 414.5K |
Pair Trading with Lightbridge Corp
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 Lightbridge Corp 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 Lightbridge Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Lightbridge Stock
Moving against Lightbridge Stock
| 0.76 | VCIG | VCI Global Limited | PairCorr |
| 0.71 | VLTO | Veralto | PairCorr |
| 0.7 | DLHC | DLH Holdings Corp Fiscal Year End 4th of December 2024 | PairCorr |
| 0.63 | FA | First Advantage Corp | PairCorr |
| 0.54 | MG | Mistras Group | PairCorr |
The ability to find closely correlated positions to Lightbridge Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lightbridge Corp 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 Lightbridge Corp - 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 Lightbridge Corp to buy it.
The correlation of Lightbridge Corp 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 Lightbridge Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lightbridge 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 Lightbridge Corp 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.Additional Tools for Lightbridge Stock Analysis
When running Lightbridge Corp's price analysis, check to measure Lightbridge Corp'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 Lightbridge Corp is operating at the current time. Most of Lightbridge Corp's value examination focuses on studying past and present price action to predict the probability of Lightbridge Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lightbridge Corp's price. Additionally, you may evaluate how the addition of Lightbridge Corp to your portfolios can decrease your overall portfolio volatility.