Lexaria Bioscience Corp Stock Short Ratio
LEXXW Stock | USD 0.78 0.03 4.00% |
Lexaria Bioscience Corp fundamentals help investors to digest information that contributes to Lexaria Bioscience's financial success or failures. It also enables traders to predict the movement of Lexaria Stock. The fundamental analysis module provides a way to measure Lexaria Bioscience's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Lexaria Bioscience stock.
Lexaria | Short Ratio |
Lexaria Bioscience Corp Company Short Ratio Analysis
Lexaria Bioscience's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Lexaria Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Lexaria Bioscience is extremely important. It helps to project a fair market value of Lexaria Stock properly, considering its historical fundamentals such as Short Ratio. Since Lexaria Bioscience's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Lexaria Bioscience's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Lexaria Bioscience's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Lexaria Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Lexaria Bioscience Corp has a Short Ratio of 0.0 times. This indicator is about the same for the Biotechnology average (which is currently at 0.0) sector and about the same as Health Care (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Lexaria Bioscience Current Valuation Drivers
We derive many important indicators used in calculating different scores of Lexaria Bioscience from analyzing Lexaria Bioscience's financial statements. These drivers represent accounts that assess Lexaria Bioscience's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Lexaria Bioscience's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 12.4M | 27.3M | 17.4M | 6.9M | 48.4M | 115.2M | |
Enterprise Value | 11.3M | 16.5M | 11.7M | 5.8M | 42.1M | 116.4M |
Lexaria Fundamentals
Return On Equity | -0.71 | ||||
Return On Asset | -0.38 | ||||
Operating Margin | (20.75) % | ||||
Number Of Shares Shorted | 3.05 K | ||||
Revenue | 464.28 K | ||||
EBITDA | (5.75 M) | ||||
Net Income | (5.81 M) | ||||
Cash And Equivalents | 1.31 M | ||||
Cash Per Share | 0.44 X | ||||
Total Debt | 137.37 K | ||||
Debt To Equity | 0.06 % | ||||
Current Ratio | 8.52 X | ||||
Book Value Per Share | 0.64 X | ||||
Cash Flow From Operations | (4.96 M) | ||||
Beta | 1.06 | ||||
Market Capitalization | 33.79 M | ||||
Total Asset | 8.87 M | ||||
Retained Earnings | (51.56 M) | ||||
Working Capital | 1.93 M | ||||
Net Asset | 8.87 M |
About Lexaria Bioscience Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lexaria Bioscience Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lexaria Bioscience using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lexaria Bioscience Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Lexaria Stock Analysis
When running Lexaria Bioscience's price analysis, check to measure Lexaria Bioscience'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 Lexaria Bioscience is operating at the current time. Most of Lexaria Bioscience's value examination focuses on studying past and present price action to predict the probability of Lexaria Bioscience's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexaria Bioscience's price. Additionally, you may evaluate how the addition of Lexaria Bioscience to your portfolios can decrease your overall portfolio volatility.