Loncor Resources Stock Net Income
LN Stock | CAD 0.49 0.02 4.26% |
Loncor Resources fundamentals help investors to digest information that contributes to Loncor Resources' financial success or failures. It also enables traders to predict the movement of Loncor Stock. The fundamental analysis module provides a way to measure Loncor Resources' 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 Loncor Resources stock.
Last Reported | Projected for Next Year | ||
Net Loss | -21.3 M | -20.2 M | |
Net Loss | -21.3 M | -20.2 M | |
Net Loss | -3.4 M | -3.5 M | |
Net Loss | (0.14) | (0.15) | |
Net Income Per E B T | 0.93 | 0.78 |
Loncor | Net Income |
Loncor Resources Company Net Income Analysis
Loncor Resources' 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.
Current Loncor Resources Net Income | (21.27 M) |
Most of Loncor Resources' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Loncor Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Loncor Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Loncor Resources is extremely important. It helps to project a fair market value of Loncor Stock properly, considering its historical fundamentals such as Net Income. Since Loncor Resources' 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 Loncor Resources' 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 Loncor Resources' interrelated accounts and indicators.
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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.
Competition |
Loncor Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Loncor Resources reported net income of (21.27 Million). This is 76.72% higher than that of the Metals & Mining sector and 84.66% lower than that of the Materials industry. The net income for all Canada stocks is 103.72% higher than that of the company.
Loncor Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Loncor Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Loncor Resources could also be used in its relative valuation, which is a method of valuing Loncor Resources by comparing valuation metrics of similar companies.Loncor Resources is currently under evaluation in net income category among its peers.
Loncor Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Loncor Resources from analyzing Loncor Resources' financial statements. These drivers represent accounts that assess Loncor Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Loncor Resources' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 31.4M | 47.1M | 66.5M | 33.9M | 41.1M | 22.5M | |
Enterprise Value | 32.0M | 47.2M | 66.5M | 34.1M | 40.8M | 21.2M |
Loncor Fundamentals
Return On Equity | -0.69 | ||||
Return On Asset | -0.4 | ||||
Current Valuation | 71.3 M | ||||
Shares Outstanding | 154.61 M | ||||
Shares Owned By Insiders | 43.31 % | ||||
Shares Owned By Institutions | 8.37 % | ||||
Number Of Shares Shorted | 24.92 K | ||||
Price To Earning | (31.67) X | ||||
Price To Book | 2.56 X | ||||
EBITDA | (2.29 M) | ||||
Net Income | (21.27 M) | ||||
Cash And Equivalents | 182.18 K | ||||
Total Debt | 332.87 K | ||||
Debt To Equity | 3.60 % | ||||
Current Ratio | 0.51 X | ||||
Book Value Per Share | 0.14 X | ||||
Cash Flow From Operations | (2.56 M) | ||||
Short Ratio | 0.39 X | ||||
Earnings Per Share | (0.20) X | ||||
Target Price | 0.8 | ||||
Number Of Employees | 26 | ||||
Beta | 1.14 | ||||
Market Capitalization | 75.76 M | ||||
Total Asset | 24.37 M | ||||
Retained Earnings | (91.13 M) | ||||
Working Capital | 8.89 M | ||||
Net Asset | 24.37 M |
About Loncor Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Loncor Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Loncor Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Loncor Resources 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.
Other Information on Investing in Loncor Stock
Loncor Resources financial ratios help investors to determine whether Loncor Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Loncor with respect to the benefits of owning Loncor Resources security.