Legible Current Ratio vs. Total Debt
| LEBGF Stock | USD 0.04 0 4.81% |
For Legible profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Legible to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Legible utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Legible's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Legible over time as well as its relative position and ranking within its peers.
Legible |
Legible Total Debt vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Legible's current stock value. Our valuation model uses many indicators to compare Legible value to that of its competitors to determine the firm's financial worth. Legible is currently regarded as number one stock in current ratio category among its peers. It also is considered the number one company in total debt category among its peers making up about 15,916,667 of Total Debt per Current Ratio. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Legible's earnings, one of the primary drivers of an investment's value.Legible Total Debt vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Legible |
| = | 0.12 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Legible |
| = | 1.91 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Legible Total Debt vs Competition
Legible is considered the number one company in total debt category among its peers. Total debt of Publishing industry is now estimated at about 11.08 Million. Legible retains roughly 1.91 Million in total debt claiming about 17% of equities listed under Publishing industry.
Legible Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Legible, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Legible will eventually generate negative long term returns. The profitability progress is the general direction of Legible's change in net profit over the period of time. It can combine multiple indicators of Legible, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Legible Media Inc. operates as a book entertainment and media company. Its books and audiobooks are distributed using its platform. Legible is traded on OTC Exchange in the United States.
Legible Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Legible. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Legible position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Legible's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your Legible position
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Other Information on Investing in Legible Pink Sheet
To fully project Legible's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Legible at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Legible's income statement, its balance sheet, and the statement of cash flows.