Lite Access Revenue vs. Cash And Equivalents
| LTE Stock | CAD 0.1 0.00 0.00% |
Total Revenue | First Reported 2014-06-30 | Previous Quarter 1 M | Current Value 1.6 M | Quarterly Volatility 2.1 M |
For Lite Access profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lite Access to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lite Access Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lite Access's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lite Access Technologies over time as well as its relative position and ranking within its peers.
Lite |
Lite Access Technologies Cash And Equivalents vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lite Access's current stock value. Our valuation model uses many indicators to compare Lite Access value to that of its competitors to determine the firm's financial worth. Lite Access Technologies is considered the number one company in revenue category among its peers. It also is currently regarded as number one stock in cash and equivalents category among its peers creating about 0.39 of Cash And Equivalents per Revenue. The ratio of Revenue to Cash And Equivalents for Lite Access Technologies is roughly 2.58 . At this time, Lite Access' Total Revenue is fairly stable compared to the past year. 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 Lite Access' earnings, one of the primary drivers of an investment's value.Lite Revenue vs. Competition
Lite Access Technologies is considered the number one company in revenue category among its peers. Market size based on revenue of Information Technology industry is now estimated at about 19.89 Million. Lite Access totals roughly 5 Million in revenue claiming about 25% of equities under Information Technology industry.
Lite Cash And Equivalents vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Lite Access |
| = | 5 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Lite Access |
| = | 1.94 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Lite Cash And Equivalents Comparison
Lite Access is currently under evaluation in cash and equivalents category among its peers.
Lite Access Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lite Access, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lite Access will eventually generate negative long term returns. The profitability progress is the general direction of Lite Access' change in net profit over the period of time. It can combine multiple indicators of Lite Access, 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 | 6.8 M | 7.1 M | |
| Operating Income | -1.3 M | -1.4 M | |
| Net Loss | -1.3 M | -1.4 M | |
| Income Tax Expense | 72.7 K | 76.3 K | |
| Net Loss | -1.3 M | -1.4 M | |
| Income Before Tax | -1.3 M | -1.4 M | |
| Total Other Income Expense Net | 32.4 K | 34.1 K | |
| Net Loss | -2.6 M | -2.7 M | |
| Net Interest Income | -65.4 K | -62.1 K | |
| Interest Income | 7.3 K | 6.9 K | |
| Change To Netincome | 1.4 M | 1.6 M | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.25 | 0.24 | |
| Net Income Per E B T | 1.29 | 0.85 |
Lite Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lite Access. 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 Lite Access 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 Lite Access' important profitability drivers and their relationship over time.
Use Lite Access 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 Lite Access 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 Lite Access will appreciate offsetting losses from the drop in the long position's value.Lite Access Pair Trading
Lite Access Technologies Pair Trading Analysis
The ability to find closely correlated positions to Lite Access could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lite Access 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 Lite Access - 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 Lite Access Technologies to buy it.
The correlation of Lite Access 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 Lite Access moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lite Access Technologies 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 Lite Access 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 Lite Access position
In addition to having Lite Access 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 Lite Stock Analysis
When running Lite Access' price analysis, check to measure Lite Access' 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 Lite Access is operating at the current time. Most of Lite Access' value examination focuses on studying past and present price action to predict the probability of Lite Access' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lite Access' price. Additionally, you may evaluate how the addition of Lite Access to your portfolios can decrease your overall portfolio volatility.