Lara Exploration Net Income vs. Return On Asset
| LRA Stock | CAD 1.41 0.01 0.71% |
Net Loss | First Reported 2005-03-31 | Previous Quarter -720.7 K | Current Value 869.5 K | Quarterly Volatility 849.9 K |
For Lara Exploration profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lara Exploration to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lara Exploration utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lara Exploration's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lara Exploration over time as well as its relative position and ranking within its peers.
Lara |
Lara Exploration Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lara Exploration's current stock value. Our valuation model uses many indicators to compare Lara Exploration value to that of its competitors to determine the firm's financial worth. Lara Exploration is rated fifth overall in net income category among its peers. It is rated fourth overall in return on asset category among its peers . Lara Exploration reported Net Loss of (3.02 Million) in 2023. 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 Lara Exploration's earnings, one of the primary drivers of an investment's value.Lara Return On Asset vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Lara Exploration |
| = | (3.02 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Lara Exploration |
| = | -0.23 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Lara Return On Asset Comparison
Lara Exploration is currently under evaluation in return on asset category among its peers.
Lara Exploration Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lara Exploration, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lara Exploration will eventually generate negative long term returns. The profitability progress is the general direction of Lara Exploration's change in net profit over the period of time. It can combine multiple indicators of Lara Exploration, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 10.9 M | 5.8 M | |
| Operating Income | -2.9 M | -3 M | |
| Net Loss | -3 M | -2.9 M | |
| Income Tax Expense | 20.5 K | 21.5 K | |
| Income Before Tax | -3 M | -2.8 M | |
| Total Other Income Expense Net | -97.6 K | -92.7 K | |
| Net Loss | -3 M | -3.2 M | |
| Net Loss | -396.3 K | -416.1 K | |
| Net Interest Income | 7.2 K | 11.2 K | |
| Interest Income | 7.2 K | 11.2 K | |
| Change To Netincome | -53.5 K | -56.2 K | |
| Net Loss | (0.07) | (0.07) | |
| Income Quality | 0.75 | 0.84 | |
| Net Income Per E B T | 0.91 | 0.62 |
Lara Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lara Exploration. 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 Lara Exploration 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 Lara Exploration's important profitability drivers and their relationship over time.
Use Lara Exploration in pair-trading
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 Lara Exploration 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 Lara Exploration will appreciate offsetting losses from the drop in the long position's value.Lara Exploration Pair Trading
Lara Exploration Pair Trading Analysis
The ability to find closely correlated positions to Lara Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lara Exploration 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 Lara Exploration - 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 Lara Exploration to buy it.
The correlation of Lara Exploration 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 Lara Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lara Exploration 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 Lara Exploration 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.Use Investing Themes to Complement your Lara Exploration position
In addition to having Lara Exploration in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Lara Stock Analysis
When running Lara Exploration's price analysis, check to measure Lara Exploration's 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 Lara Exploration is operating at the current time. Most of Lara Exploration's value examination focuses on studying past and present price action to predict the probability of Lara Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lara Exploration's price. Additionally, you may evaluate how the addition of Lara Exploration to your portfolios can decrease your overall portfolio volatility.