LeoNovus Stock Based Compensation vs Net Income Analysis

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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 Stock Based Compensation and its Net Income 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.

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LeoNovus Stock Based Compensation account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between LeoNovus' Stock Based Compensation and Net Income is -0.37. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income in the same time period over historical financial statements of LeoNovus, assuming nothing else is changed. The correlation between historical values of LeoNovus' Stock Based Compensation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of LeoNovus are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Stock Based Compensation i.e., LeoNovus' Stock Based Compensation and Net Income go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in LeoNovus financial statement analysis. It represents the amount of money remaining after all of LeoNovus operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Current Liab	Accounts Payable	Intangible Assets	Other Liab	Net Tangible Assets	Other Assets	Inventory	Common Stock	Property Plant Equipment
Total Assets		0.27	0.86	-0.98	-0.02	0.99	0.99	-0.14	0.65	0.9	0.99	0.15	-0.24	0.04	0.98	0.95	0.96	0.4	-0.26	0.18	-0.23	0.74	-0.1	-0.08	0.11	-0.19
Total Current Liabilities	0.27		-0.2	-0.27	0.18	0.25	0.25	-0.31	0.8	0.62	0.28	0.38	-0.21	-0.48	0.25	0.24	0.31	0.87	0.27	0.07	-0.02	-0.12	0.23	0.1	-0.47	-0.54
Total Stockholder Equity	0.86	-0.2		-0.86	-0.17	0.88	0.88	0.02	0.23	0.54	0.87	0.1	-0.06	0.36	0.82	0.79	0.75	-0.02	-0.42	0.13	-0.29	0.85	-0.2	-0.12	0.4	0.12
Net Debt	-0.98	-0.27	-0.86		-0.04	-0.99	-0.99	0.16	-0.61	-0.85	-0.99	-0.17	0.31	0.03	-0.94	-0.91	-0.92	-0.36	0.15	-0.14	0.16	-0.72	0.13	0.09	-0.07	0.24
Retained Earnings	-0.02	0.18	-0.17	-0.04		-0.02	-0.03	-0.87	0.08	0.11	-0.01	0.08	-0.31	-0.45	-0.03	-0.14	0.06	0.27	0.5	0.42	0.8	-0.61	0.27	0.27	-0.9	-0.88
Cash	0.99	0.25	0.88	-0.99	-0.02		1.0	-0.13	0.61	0.86	1.0	0.17	-0.24	0.04	0.95	0.92	0.93	0.37	-0.24	0.17	-0.22	0.76	-0.16	-0.13	0.13	-0.19
Cash And Short Term Investments	0.99	0.25	0.88	-0.99	-0.03	1.0		-0.13	0.61	0.86	1.0	0.17	-0.24	0.04	0.95	0.92	0.93	0.36	-0.24	0.17	-0.22	0.76	-0.16	-0.13	0.13	-0.18
Common Stock Shares Outstanding	-0.14	-0.31	0.02	0.16	-0.87	-0.13	-0.13		-0.22	-0.25	-0.16	-0.36	-0.05	0.13	-0.12	0.05	-0.16	-0.49	-0.17	-0.69	-0.57	0.48	-0.3	-0.25	0.77	0.83
Other Stockholder Equity	0.65	0.8	0.23	-0.61	0.08	0.61	0.61	-0.22		0.87	0.62	0.12	-0.31	-0.38	0.66	0.66	0.7	0.85	-0.07	0.08	-0.29	0.28	0.3	0.21	-0.3	-0.48
Total Liab	0.9	0.62	0.54	-0.85	0.11	0.86	0.86	-0.25	0.87		0.86	0.16	-0.35	-0.25	0.91	0.88	0.94	0.68	-0.07	0.18	-0.13	0.48	0.0	-0.03	-0.17	-0.41
Total Current Assets	0.99	0.28	0.87	-0.99	-0.01	1.0	1.0	-0.16	0.62	0.86		0.24	-0.21	0.05	0.94	0.9	0.91	0.39	-0.24	0.19	-0.22	0.74	-0.1	-0.07	0.11	-0.21
Net Receivables	0.15	0.38	0.1	-0.17	0.08	0.17	0.17	-0.36	0.12	0.16	0.24		0.37	0.27	0.06	-0.04	0.01	0.3	0.04	0.3	0.09	0.0	0.12	0.09	-0.09	-0.16
Short Long Term Debt Total	-0.24	-0.21	-0.06	0.31	-0.31	-0.24	-0.24	-0.05	-0.31	-0.35	-0.21	0.37		0.73	-0.27	-0.37	-0.37	-0.14	-0.57	0.52	-0.22	-0.06	-0.08	-0.07	0.31	0.32
Property Plant And Equipment Net	0.04	-0.48	0.36	0.03	-0.45	0.04	0.04	0.13	-0.38	-0.25	0.05	0.27	0.73		0.02	-0.07	-0.12	-0.31	-0.68	0.23	-0.35	0.31	-0.23	-0.2	0.62	0.58
Non Current Assets Total	0.98	0.25	0.82	-0.94	-0.03	0.95	0.95	-0.12	0.66	0.91	0.94	0.06	-0.27	0.02		0.98	0.99	0.4	-0.28	0.16	-0.24	0.71	-0.11	-0.09	0.1	-0.16
Non Currrent Assets Other	0.95	0.24	0.79	-0.91	-0.14	0.92	0.92	0.05	0.66	0.88	0.9	-0.04	-0.37	-0.07	0.98		0.97	0.32	-0.22	-0.02	-0.29	0.77	-0.15	-0.12	0.17	-0.06
Non Current Liabilities Total	0.96	0.31	0.75	-0.92	0.06	0.93	0.93	-0.16	0.7	0.94	0.91	0.01	-0.37	-0.12	0.99	0.97		0.44	-0.18	0.14	-0.14	0.63	-0.11	-0.09	-0.02	-0.26
Other Current Liab	0.4	0.87	-0.02	-0.36	0.27	0.37	0.36	-0.49	0.85	0.68	0.39	0.3	-0.14	-0.31	0.4	0.32	0.44		-0.07	0.32	-0.15	-0.07	0.38	0.23	-0.47	-0.63
Accounts Payable	-0.26	0.27	-0.42	0.15	0.5	-0.24	-0.24	-0.17	-0.07	-0.07	-0.24	0.04	-0.57	-0.68	-0.28	-0.22	-0.18	-0.07		-0.31	0.68	-0.45	0.09	0.14	-0.55	-0.4
Intangible Assets	0.18	0.07	0.13	-0.14	0.42	0.17	0.17	-0.69	0.08	0.18	0.19	0.3	0.52	0.23	0.16	-0.02	0.14	0.32	-0.31		0.24	-0.2	0.16	0.13	-0.3	-0.47
Other Liab	-0.23	-0.02	-0.29	0.16	0.8	-0.22	-0.22	-0.57	-0.29	-0.13	-0.22	0.09	-0.22	-0.35	-0.24	-0.29	-0.14	-0.15	0.68	0.24		-0.64	-0.14	-0.09	-0.68	-0.55
Net Tangible Assets	0.74	-0.12	0.85	-0.72	-0.61	0.76	0.76	0.48	0.28	0.48	0.74	0.0	-0.06	0.31	0.71	0.77	0.63	-0.07	-0.45	-0.2	-0.64		-0.22	-0.15	0.7	0.46
Other Assets	-0.1	0.23	-0.2	0.13	0.27	-0.16	-0.16	-0.3	0.3	0.0	-0.1	0.12	-0.08	-0.23	-0.11	-0.15	-0.11	0.38	0.09	0.16	-0.14	-0.22		0.94	-0.38	-0.38
Inventory	-0.08	0.1	-0.12	0.09	0.27	-0.13	-0.13	-0.25	0.21	-0.03	-0.07	0.09	-0.07	-0.2	-0.09	-0.12	-0.09	0.23	0.14	0.13	-0.09	-0.15	0.94		-0.33	-0.32
Common Stock	0.11	-0.47	0.4	-0.07	-0.9	0.13	0.13	0.77	-0.3	-0.17	0.11	-0.09	0.31	0.62	0.1	0.17	-0.02	-0.47	-0.55	-0.3	-0.68	0.7	-0.38	-0.33		0.91
Property Plant Equipment	-0.19	-0.54	0.12	0.24	-0.88	-0.19	-0.18	0.83	-0.48	-0.41	-0.21	-0.16	0.32	0.58	-0.16	-0.06	-0.26	-0.63	-0.4	-0.47	-0.55	0.46	-0.38	-0.32	0.91

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LeoNovus Account Relationship Matchups

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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