LiveOne Gross Profit vs Operating Income Analysis
LVO Stock | USD 1.00 0.03 3.09% |
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 Gross Profit and its Operating 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.
Gross Profit vs Operating Income
Gross Profit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LiveOne Gross Profit account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between LiveOne's Gross Profit and Operating Income is -0.01. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating 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 Gross Profit and Operating 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 Gross Profit of LiveOne are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., LiveOne's Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of LiveOne minus its cost of goods sold. It is profit before LiveOne operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from LiveOne operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of LiveOne is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 29th 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 Expense | 4.1M | 8.4M | 4.4M | 3.1M | Depreciation And Amortization | 9.6M | 8.0M | 5.1M | 4.0M |
LiveOne fundamental ratios Correlations
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LiveOne Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LiveOne fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 54.1M | 85.8M | 76.8M | 65.9M | 63.9M | 38.0M | |
Other Current Liab | 13.1M | 26.1M | 29.0M | 27.5M | 23.2M | 24.3M | |
Total Current Liabilities | 47.8M | 51.0M | 60.1M | 44.5M | 46.8M | 25.6M | |
Total Stockholder Equity | (7.1M) | 8.1M | (10.9M) | 3.8M | (3.8M) | (3.6M) | |
Net Debt | 10.6M | 6.2M | 14.2M | 3.6M | 1.6M | 1.5M | |
Retained Earnings | (128.1M) | (169.9M) | (213.9M) | (224.3M) | (239.0M) | (227.0M) | |
Accounts Payable | 30.7M | 18.5M | 29.6M | 11.0M | 15.2M | 11.0M | |
Cash | 5.7M | 18.6M | 12.9M | 8.4M | 7.0M | 6.2M | |
Cash And Short Term Investments | 5.7M | 18.6M | 12.9M | 8.4M | 7.0M | 6.2M | |
Net Receivables | 3.9M | 10.6M | 13.7M | 13.7M | 13.2M | 13.9M | |
Common Stock Shares Outstanding | 56.2M | 69.0M | 79.1M | 84.8M | 87.6M | 44.9M | |
Liabilities And Stockholders Equity | 54.1M | 85.8M | 76.8M | 65.9M | 63.9M | 38.0M | |
Non Current Liabilities Total | 13.5M | 26.7M | 27.6M | 17.6M | 10.5M | 9.3M | |
Other Current Assets | 1.4M | 3.5M | 2.1M | 3.1M | 2.3M | 1.3M | |
Other Stockholder Equity | 120.9M | 178M | 202.9M | 207.0M | 211.4M | 222.0M | |
Total Liab | 61.2M | 77.6M | 87.7M | 62.1M | 57.3M | 34.9M | |
Total Current Assets | 17.7M | 35.3M | 31.3M | 27.8M | 24.3M | 14.0M | |
Common Stock | 59K | 77K | 83K | 90K | 92K | 56.8K | |
Property Plant And Equipment Net | 3.4M | 4.4M | 4.7M | 3.3M | 3.7M | 2.0M | |
Non Current Assets Total | 36.4M | 50.5M | 45.5M | 38.1M | 39.5M | 25.8M | |
Inventory | 6.7M | 2.6M | 2.6M | 2.6M | 1.8M | 2.2M | |
Short Long Term Debt Total | 16.4M | 24.9M | 27.1M | 12.1M | 8.6M | 11.5M | |
Short Term Debt | 3.1M | 5.0M | 285K | 5.0M | 7.8M | 8.2M | |
Intangible Assets | 23.2M | 22.5M | 16.7M | 11.0M | 12.4M | 17.5M | |
Current Deferred Revenue | 949K | 1.3M | 1.2M | 992K | 728K | 921.0K | |
Non Currrent Assets Other | 127K | 1.0M | 728K | 377K | 88K | 92.4K | |
Net Tangible Assets | (27.2M) | (40M) | (37.0M) | (51.0M) | (45.9M) | (48.2M) | |
Long Term Debt | 13.3M | 19.4M | 26.6M | 7.1M | 771K | 732.5K | |
Net Invested Capital | 9.2M | 32.3M | 15.7M | (5.3M) | (19.1M) | (18.1M) | |
Short Long Term Debt | 3.1M | 4.7M | 12K | 4.7M | 7.7M | 4.3M | |
Net Working Capital | (30.1M) | (15.7M) | (28.8M) | (16.7M) | (22.5M) | (23.6M) | |
Property Plant Equipment | 3.5M | 4.4M | 5.4M | 3.7M | 4.3M | 3.7M | |
Capital Stock | 59K | 77K | 83K | 21.1M | 18.9M | 19.9M |
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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0.7 | CMCSA | Comcast Corp Fiscal Year End 23rd of January 2025 | PairCorr |
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.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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.