Lassonde Historical Financial Ratios
| LAS-A Stock | CAD 179.73 1.23 0.69% |
Lassonde Industries is lately reporting on over 91 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 39.4 will help investors to properly organize and evaluate Lassonde Industries financial condition quickly.
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About Lassonde Financial Ratios Analysis
Lassonde IndustriesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Lassonde Industries investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Lassonde financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Lassonde Industries history.
Lassonde Industries Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Lassonde Industries stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Lassonde Industries sales, a figure that is much harder to manipulate than other Lassonde Industries multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Lassonde Industries dividend as a percentage of Lassonde Industries stock price. Lassonde Industries dividend yield is a measure of Lassonde Industries stock productivity, which can be interpreted as interest rate earned on an Lassonde Industries investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.Most ratios from Lassonde Industries' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Lassonde Industries current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lassonde Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Lassonde Industries' PB Ratio is comparatively stable compared to the past year. EV To Sales is likely to gain to 0.65 in 2024, whereas Payables Turnover is likely to drop 6.64 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0209 | 0.0268 | 0.0157 | 0.0186 | Price To Sales Ratio | 0.58 | 0.36 | 0.41 | 0.53 |
Lassonde Industries fundamentals Correlations
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Lassonde Industries Account Relationship Matchups
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Lassonde Industries fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.64 | 0.61 | 0.58 | 0.36 | 0.41 | 0.53 | |
| Dividend Yield | 0.0167 | 0.0147 | 0.0209 | 0.0268 | 0.0157 | 0.0186 | |
| Ptb Ratio | 1.59 | 1.62 | 1.35 | 0.87 | 1.04 | 1.42 | |
| Days Sales Outstanding | 31.65 | 29.77 | 32.25 | 33.98 | 32.11 | 39.4 | |
| Book Value Per Share | 105.85 | 114.76 | 124.84 | 136.37 | 145.98 | 153.28 | |
| Free Cash Flow Yield | 0.0569 | 0.0934 | 0.16 | 0.0514 | (0.0306) | 0.13 | |
| Operating Cash Flow Per Share | 20.27 | 33.34 | 13.52 | 3.49 | 32.96 | 34.61 | |
| Capex To Depreciation | 0.73 | 0.7 | 0.62 | 0.8 | 1.68 | 1.13 | |
| Pb Ratio | 1.59 | 1.62 | 1.35 | 0.87 | 1.04 | 1.42 | |
| Ev To Sales | 0.81 | 0.71 | 0.67 | 0.47 | 0.5 | 0.65 | |
| Free Cash Flow Per Share | 14.52 | 27.5 | 8.09 | (3.4) | 17.37 | 18.23 | |
| Roic | 0.0812 | 0.0785 | 0.12 | 0.0886 | 0.0543 | 0.0899 | |
| Inventory Turnover | 4.74 | 5.45 | 4.43 | 3.93 | 4.47 | 3.47 | |
| Net Income Per Share | 10.37 | 14.11 | 11.18 | 7.85 | 12.83 | 13.47 | |
| Days Of Inventory On Hand | 77.02 | 66.93 | 82.47 | 92.85 | 81.7 | 94.85 | |
| Payables Turnover | 7.8 | 8.55 | 7.92 | 7.21 | 7.88 | 6.64 | |
| Research And Ddevelopement To Revenue | 5.76E-4 | 4.64E-4 | 4.0E-4 | 3.72E-4 | 3.93E-4 | 6.34E-4 | |
| Capex To Revenue | 0.0238 | 0.0205 | 0.0199 | 0.022 | 0.046 | 0.0421 | |
| Cash Per Share | 0.65 | 0.25 | 0.98 | 0.044 | 2.91 | 3.05 | |
| Pocfratio | 7.67 | 5.19 | 11.64 | 31.88 | 4.26 | 7.78 | |
| Interest Coverage | 5.95 | 10.73 | 13.19 | 9.22 | 8.47 | 9.64 | |
| Capex To Operating Cash Flow | 0.28 | 0.18 | 0.4 | 1.97 | 0.47 | 0.66 | |
| Pfcf Ratio | 10.71 | 6.29 | 19.45 | (32.73) | 8.08 | 8.48 | |
| Days Payables Outstanding | 46.77 | 42.69 | 46.1 | 50.61 | 46.32 | 51.5 | |
| Income Quality | 1.69 | 1.88 | 2.27 | 1.19 | 0.45 | 2.55 | |
| Ev To Operating Cash Flow | 9.63 | 6.09 | 13.56 | 42.34 | 5.12 | 9.74 | |
| Pe Ratio | 14.99 | 12.27 | 14.07 | 14.18 | 10.93 | 10.04 | |
| Return On Tangible Assets | 0.0939 | 0.12 | 0.0854 | 0.05 | 0.0754 | 0.0607 | |
| Ev To Free Cash Flow | 13.44 | 7.39 | 22.66 | (43.47) | 9.72 | 10.21 | |
| Earnings Yield | 0.0667 | 0.0815 | 0.0711 | 0.0705 | 0.0915 | 0.055 | |
| Current Ratio | 1.64 | 1.52 | 1.32 | 1.53 | 1.71 | 2.11 | |
| Tangible Book Value Per Share | 27.48 | 37.94 | 50.94 | 59.78 | 71.89 | 75.49 | |
| Receivables Turnover | 11.53 | 12.26 | 11.32 | 10.74 | 11.37 | 11.47 | |
| Graham Number | 151.25 | 184.0 | 171.27 | 150.07 | 197.59 | 207.47 |
Pair Trading with Lassonde Industries
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 Lassonde Industries 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 Lassonde Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Lassonde Stock
The ability to find closely correlated positions to Lassonde Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lassonde Industries 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 Lassonde Industries - 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 Lassonde Industries to buy it.
The correlation of Lassonde Industries 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 Lassonde Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lassonde Industries 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 Lassonde Industries 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.Additional Tools for Lassonde Stock Analysis
When running Lassonde Industries' price analysis, check to measure Lassonde Industries' 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 Lassonde Industries is operating at the current time. Most of Lassonde Industries' value examination focuses on studying past and present price action to predict the probability of Lassonde Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lassonde Industries' price. Additionally, you may evaluate how the addition of Lassonde Industries to your portfolios can decrease your overall portfolio volatility.