LiveOne Ebit vs Net Income Analysis

LVO Stock  USD 0.91  0.03  3.41%   
LiveOne financial indicator trend analysis is infinitely more than just investigating LiveOne recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LiveOne is a good investment. Please check the relationship between LiveOne Ebit and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LiveOne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in LiveOne Stock, please use our How to Invest in LiveOne guide.

Ebit vs Net Income

Ebit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LiveOne Ebit account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LiveOne's Ebit and Net Income is 0.98. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income in the same time period over historical financial statements of LiveOne, assuming nothing else is changed. The correlation between historical values of LiveOne's Ebit 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 Ebit of LiveOne 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 Ebit i.e., LiveOne's Ebit and Net Income go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in LiveOne financial statement analysis. It represents the amount of money remaining after all of LiveOne operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from LiveOne's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LiveOne 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 LiveOne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in LiveOne Stock, please use our How to Invest in LiveOne guide.At this time, LiveOne's Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value is likely to grow to about 186.1 M, while Selling General Administrative is likely to drop about 13.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense4.1M8.4M4.4M3.1M
Depreciation And Amortization9.6M8.0M5.1M4.0M

LiveOne fundamental ratios Correlations

0.870.950.30.53-0.80.840.930.930.750.880.880.930.860.940.980.630.870.990.430.880.50.8-0.70.36-0.77
0.870.91-0.060.56-0.970.730.770.770.960.90.880.90.980.910.920.670.90.830.340.820.590.5-0.650.38-0.95
0.950.910.00.72-0.870.920.840.840.810.930.930.890.890.990.960.690.960.920.490.910.450.64-0.70.34-0.88
0.3-0.060.0-0.430.16-0.050.340.34-0.15-0.02-0.070.22-0.03-0.020.17-0.05-0.190.370.060.010.20.66-0.150.060.28
0.530.560.72-0.43-0.510.810.50.50.470.590.770.430.490.740.580.480.740.490.520.8-0.080.24-0.40.18-0.62
-0.8-0.97-0.870.16-0.51-0.7-0.66-0.66-0.97-0.9-0.79-0.83-0.99-0.86-0.85-0.7-0.87-0.77-0.35-0.73-0.67-0.440.7-0.270.98
0.840.730.92-0.050.81-0.70.770.770.590.760.840.680.730.910.820.510.870.840.530.90.240.68-0.620.29-0.76
0.930.770.840.340.5-0.660.771.00.640.750.890.860.740.870.930.560.80.920.260.910.380.77-0.580.31-0.63
0.930.770.840.340.5-0.660.771.00.640.750.890.860.740.870.930.560.80.920.260.910.380.77-0.580.31-0.63
0.750.960.81-0.150.47-0.970.590.640.640.870.770.80.970.810.820.720.810.710.30.70.670.37-0.690.23-0.93
0.880.90.93-0.020.59-0.90.760.750.750.870.820.880.90.910.910.850.90.850.480.780.610.53-0.80.17-0.87
0.880.880.93-0.070.77-0.790.840.890.890.770.820.860.810.960.930.580.950.830.30.960.250.51-0.510.4-0.82
0.930.90.890.220.43-0.830.680.860.860.80.880.860.870.90.970.650.870.90.330.790.550.61-0.580.41-0.79
0.860.980.89-0.030.49-0.990.730.740.740.970.90.810.870.880.890.690.870.830.380.770.690.55-0.730.28-0.95
0.940.910.99-0.020.74-0.860.910.870.870.810.910.960.90.880.970.670.970.910.440.940.390.61-0.650.36-0.88
0.980.920.960.170.58-0.850.820.930.930.820.910.930.970.890.970.670.920.950.370.90.480.68-0.650.37-0.83
0.630.670.69-0.050.48-0.70.510.560.560.720.850.580.650.690.670.670.650.60.580.60.640.38-0.81-0.32-0.63
0.870.90.96-0.190.74-0.870.870.80.80.810.90.950.870.870.970.920.650.820.350.90.390.47-0.590.38-0.9
0.990.830.920.370.49-0.770.840.920.920.710.850.830.90.830.910.950.60.820.460.860.510.86-0.720.35-0.73
0.430.340.490.060.52-0.350.530.260.260.30.480.30.330.380.440.370.580.350.460.430.410.49-0.7-0.19-0.36
0.880.820.910.010.8-0.730.90.910.910.70.780.960.790.770.940.90.60.90.860.430.270.64-0.60.3-0.76
0.50.590.450.2-0.08-0.670.240.380.380.670.610.250.550.690.390.480.640.390.510.410.270.45-0.75-0.1-0.54
0.80.50.640.660.24-0.440.680.770.770.370.530.510.610.550.610.680.380.470.860.490.640.45-0.640.16-0.38
-0.7-0.65-0.7-0.15-0.40.7-0.62-0.58-0.58-0.69-0.8-0.51-0.58-0.73-0.65-0.65-0.81-0.59-0.72-0.7-0.6-0.75-0.640.180.64
0.360.380.340.060.18-0.270.290.310.310.230.170.40.410.280.360.37-0.320.380.35-0.190.3-0.10.160.18-0.32
-0.77-0.95-0.880.28-0.620.98-0.76-0.63-0.63-0.93-0.87-0.82-0.79-0.95-0.88-0.83-0.63-0.9-0.73-0.36-0.76-0.54-0.380.64-0.32
Click cells to compare fundamentals

LiveOne Account Relationship Matchups

LiveOne fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets54.1M85.8M76.8M65.9M63.9M38.0M
Other Current Liab13.1M26.1M29.0M27.5M23.2M24.3M
Total Current Liabilities47.8M51.0M60.1M44.5M46.8M25.6M
Total Stockholder Equity(7.1M)8.1M(10.9M)3.8M(3.8M)(3.6M)
Net Debt10.6M6.2M14.2M3.6M1.6M1.5M
Retained Earnings(128.1M)(169.9M)(213.9M)(224.3M)(239.0M)(227.0M)
Accounts Payable30.7M18.5M29.6M11.0M15.2M11.0M
Cash5.7M18.6M12.9M8.4M7.0M6.2M
Cash And Short Term Investments5.7M18.6M12.9M8.4M7.0M6.2M
Net Receivables3.9M10.6M13.7M13.7M13.2M13.9M
Common Stock Shares Outstanding56.2M69.0M79.1M84.8M87.6M44.9M
Liabilities And Stockholders Equity54.1M85.8M76.8M65.9M63.9M38.0M
Non Current Liabilities Total13.5M26.7M27.6M17.6M10.5M9.3M
Other Current Assets1.4M3.5M2.1M3.1M2.3M1.3M
Other Stockholder Equity120.9M178M202.9M207.0M211.4M222.0M
Total Liab61.2M77.6M87.7M62.1M57.3M34.9M
Total Current Assets17.7M35.3M31.3M27.8M24.3M14.0M
Common Stock59K77K83K90K92K56.8K
Property Plant And Equipment Net3.4M4.4M4.7M3.3M3.7M2.0M
Non Current Assets Total36.4M50.5M45.5M38.1M39.5M25.8M
Inventory6.7M2.6M2.6M2.6M1.8M2.2M
Short Long Term Debt Total16.4M24.9M27.1M12.1M8.6M11.5M
Short Term Debt3.1M5.0M285K5.0M7.8M8.2M
Intangible Assets23.2M22.5M16.7M11.0M12.4M17.5M
Current Deferred Revenue949K1.3M1.2M992K728K921.0K
Non Currrent Assets Other127K1.0M728K377K88K92.4K
Net Tangible Assets(27.2M)(40M)(37.0M)(51.0M)(45.9M)(48.2M)
Long Term Debt13.3M19.4M26.6M7.1M771K732.5K
Net Invested Capital9.2M32.3M15.7M(5.3M)(19.1M)(18.1M)
Short Long Term Debt3.1M4.7M12K4.7M7.7M4.3M
Net Working Capital(30.1M)(15.7M)(28.8M)(16.7M)(22.5M)(23.6M)
Property Plant Equipment3.5M4.4M5.4M3.7M4.3M3.7M
Capital Stock59K77K83K21.1M18.9M19.9M

Pair Trading with LiveOne

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

Moving against LiveOne Stock

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The ability to find closely correlated positions to LiveOne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LiveOne 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 LiveOne - 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 LiveOne to buy it.
The correlation of LiveOne 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 LiveOne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LiveOne 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 LiveOne 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 CorrelationCorrelation Matching
When determining whether LiveOne offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LiveOne's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Liveone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Liveone Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LiveOne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in LiveOne Stock, please use our How to Invest in LiveOne guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LiveOne. If investors know LiveOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LiveOne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Revenue Per Share
1.399
Quarterly Revenue Growth
0.143
Return On Assets
(0.04)
Return On Equity
(1.18)
The market value of LiveOne is measured differently than its book value, which is the value of LiveOne that is recorded on the company's balance sheet. Investors also form their own opinion of LiveOne's value that differs from its market value or its book value, called intrinsic value, which is LiveOne's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LiveOne's market value can be influenced by many factors that don't directly affect LiveOne's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LiveOne's value and its price as these two are different measures arrived at by different means. Investors typically determine if LiveOne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LiveOne's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.