LeoNovus Total Debt vs. Price To Book

LTV Stock  CAD 0.04  0.00  0.00%   
Based on LeoNovus' profitability indicators, LeoNovus may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess LeoNovus' ability to earn profits and add value for shareholders. Sales General And Administrative To Revenue is likely to climb to 183.90 in 2024, whereas Price To Sales Ratio is likely to drop 142.96 in 2024. At this time, LeoNovus' Accumulated Other Comprehensive Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 236.7 K in 2024, whereas Net Loss is likely to drop (55.6 K) in 2024.
For LeoNovus profitability analysis, we use financial ratios and fundamental drivers that measure the ability of LeoNovus to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well LeoNovus utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between LeoNovus's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of LeoNovus over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between LeoNovus' value and its price as these two are different measures arrived at by different means. Investors typically determine if LeoNovus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LeoNovus' 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.

LeoNovus Price To Book vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining LeoNovus's current stock value. Our valuation model uses many indicators to compare LeoNovus value to that of its competitors to determine the firm's financial worth.
LeoNovus is rated third overall in total debt category among its peers. It is rated second overall in price to book category among its peers . The ratio of Total Debt to Price To Book for LeoNovus is about  3,977 . Price To Book Ratio is likely to climb to -0.77 in 2024. 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 LeoNovus' earnings, one of the primary drivers of an investment's value.

LeoNovus Total Debt vs. Competition

LeoNovus is rated third overall in total debt category among its peers. Total debt of Information Technology industry is now estimated at about 5.96 Million. LeoNovus claims roughly 98,000 in total debt contributing just under 2% to equities under Information Technology industry.
Total debt  Valuation  Capitalization  Revenue  Workforce

LeoNovus Price To Book vs. Total Debt

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.

LeoNovus

Total Debt

 = 

Bonds

+

Notes

 = 
98 K
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

LeoNovus

P/B

 = 

MV Per Share

BV Per Share

 = 
24.64 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

LeoNovus Price To Book Comparison

LeoNovus is currently under evaluation in price to book category among its peers.

LeoNovus Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in LeoNovus, profitability is also one of the essential criteria for including it into their portfolios because, without profit, LeoNovus will eventually generate negative long term returns. The profitability progress is the general direction of LeoNovus' change in net profit over the period of time. It can combine multiple indicators of LeoNovus, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income10.2 M10.7 M
Operating Income-801 K-841 K
Net Loss-53 K-55.6 K
Income Tax Expense225.4 K236.7 K
Income Before Tax-53 K-55.6 K
Total Other Income Expense Net748 K785.4 K
Net Loss-53 K-55.6 K
Net Loss-2.3 M-2.4 M
Net Interest Income-42 K-44.1 K
Change To Netincome349.6 K367.1 K
Income Quality 1.49  1.13 
Net Income Per E B T 1.15  1.02 

LeoNovus Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on LeoNovus. 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 LeoNovus 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 LeoNovus' important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in LeoNovus without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Alpha Finder

Use alpha and beta coefficients to find investment opportunities after accounting for the risk
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Use Investing Themes to Complement your LeoNovus position

In addition to having LeoNovus 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.

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Wireless
Wireless Theme
Companies providing wireless technology and communication services. The Wireless theme has 46 constituents at this time.
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Additional Tools for LeoNovus Stock Analysis

When running LeoNovus' price analysis, check to measure LeoNovus' 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 LeoNovus is operating at the current time. Most of LeoNovus' value examination focuses on studying past and present price action to predict the probability of LeoNovus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LeoNovus' price. Additionally, you may evaluate how the addition of LeoNovus to your portfolios can decrease your overall portfolio volatility.