LeoNovus Sale Purchase Of Stock vs Change To Account Receivables Analysis
LTV Stock | CAD 0.04 0.00 0.00% |
LeoNovus financial indicator trend analysis is infinitely more than just investigating LeoNovus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LeoNovus is a good investment. Please check the relationship between LeoNovus Sale Purchase Of Stock and its Change To Account Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeoNovus. 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.
Sale Purchase Of Stock vs Change To Account Receivables
Sale Purchase Of Stock vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LeoNovus Sale Purchase Of Stock account and Change To Account Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between LeoNovus' Sale Purchase Of Stock and Change To Account Receivables is 0.21. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of LeoNovus, assuming nothing else is changed. The correlation between historical values of LeoNovus' Sale Purchase Of Stock and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of LeoNovus are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Sale Purchase Of Stock i.e., LeoNovus' Sale Purchase Of Stock and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Sale Purchase Of Stock
Change To Account Receivables
Most indicators from LeoNovus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LeoNovus 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 LeoNovus. 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. Sales General And Administrative To Revenue is likely to climb to 183.90 in 2024, whereas Selling General Administrative is likely to drop slightly above 703 K in 2024.
LeoNovus fundamental ratios Correlations
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LeoNovus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LeoNovus fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.8M | 3.1M | 2.8M | 112K | 106K | 100.7K | |
Total Current Liabilities | 957.5K | 1.5M | 606K | 1.7M | 1.7M | 2.3M | |
Total Stockholder Equity | 1.0M | 798K | 1.4M | (1.6M) | (1.6M) | (1.5M) | |
Net Debt | 98.0K | 288K | (461K) | 757K | 97K | 101.9K | |
Retained Earnings | (46.7M) | (50.4M) | (53.0M) | (56.1M) | (56.1M) | (53.3M) | |
Cash | 711.9K | 834K | 1.2M | 43K | 1K | 950.0 | |
Cash And Short Term Investments | 761.6K | 834K | 1.2M | 43K | 1K | 950.0 | |
Common Stock Shares Outstanding | 9.3M | 9.6M | 18.8M | 20.9M | 24.0M | 25.2M | |
Liabilities And Stockholders Equity | 2.8M | 3.1M | 2.8M | 112K | 106K | 100.7K | |
Other Stockholder Equity | 6.6M | 8.0M | 10.6M | 10.7M | 7.7M | 15.0M | |
Total Liab | 1.8M | 2.3M | 1.3M | 1.7M | 1.7M | 1.6M | |
Total Current Assets | 1.0M | 1.5M | 1.3M | 112K | 106K | 100.7K | |
Net Receivables | 214.2K | 683K | 86K | 69K | 105K | 99.8K | |
Property Plant And Equipment Net | 22.6K | 1.3M | 1.8M | 1.6M | 1.4M | 0.0 | |
Non Current Assets Total | 13.7M | 1.3M | 1.8M | 1.6M | 1.4M | 0.0 | |
Non Current Liabilities Total | 13.7M | 95.3K | 809.9K | 826K | 741K | 0.0 | |
Accounts Payable | 58.8K | 290K | 42K | 574K | 1.2M | 1.3M | |
Net Tangible Assets | 3.9M | 1.0M | 798K | 1.4M | 1.6M | 1.7M | |
Common Stock | 38.9M | 41.1M | 36.1M | 36.7M | 42.2M | 32.1M | |
Property Plant Equipment | 925K | 1.8M | 1.6M | 1.4M | 1.6M | 1.7M | |
Net Invested Capital | 794K | 1.1M | 1.4M | (1.5M) | (1.5M) | (1.4M) | |
Accumulated Other Comprehensive Income | 58.8K | 7.1M | 7.2M | 7.2M | 10.2M | 10.7M | |
Net Working Capital | 39K | 18K | 743K | (1.6M) | (1.6M) | (1.5M) |
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When running LeoNovus' price analysis, check to measure LeoNovus' 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 LeoNovus is operating at the current time. Most of LeoNovus' value examination focuses on studying past and present price action to predict the probability of LeoNovus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LeoNovus' price. Additionally, you may evaluate how the addition of LeoNovus to your portfolios can decrease your overall portfolio volatility.