Lion Days Sales Outstanding vs Pb Ratio Analysis

LEV Stock  CAD 0.26  0.01  3.70%   
Lion Electric financial indicator trend analysis is infinitely more than just investigating Lion Electric Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lion Electric Corp is a good investment. Please check the relationship between Lion Electric Days Sales Outstanding and its Pb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Electric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Days Sales Outstanding vs Pb Ratio

Days Sales Outstanding vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lion Electric Corp Days Sales Outstanding account and Pb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Lion Electric's Days Sales Outstanding and Pb Ratio is -0.76. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Lion Electric Corp, assuming nothing else is changed. The correlation between historical values of Lion Electric's Days Sales Outstanding and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Lion Electric Corp are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Days Sales Outstanding i.e., Lion Electric's Days Sales Outstanding and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Days Sales Outstanding

Pb Ratio

Most indicators from Lion Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lion Electric Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Lion Electric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of the 30th of November 2024, Enterprise Value is likely to grow to about 1 B, while Selling General Administrative is likely to drop about 43.9 M.
 2021 2023 2024 (projected)
Depreciation And Amortization5.3M26.1M27.4M
Interest Income7.5M8.6M9.0M

Lion Electric fundamental ratios Correlations

0.820.650.820.960.460.880.870.48-0.880.910.950.130.920.980.980.860.89-0.130.970.850.910.930.70.920.99
0.820.90.980.720.10.90.980.86-0.930.760.82-0.010.960.850.830.980.98-0.020.770.980.970.720.660.960.78
0.650.90.910.520.120.790.830.78-0.880.480.6-0.10.80.660.690.90.870.070.620.910.80.620.690.790.59
0.820.980.910.70.090.950.980.8-0.980.770.76-0.170.950.860.870.990.980.160.821.00.960.790.60.960.76
0.960.720.520.70.620.780.780.34-0.770.860.930.330.870.890.890.750.81-0.330.890.740.840.860.670.860.99
0.460.10.120.090.620.180.1-0.33-0.210.160.430.620.240.30.380.160.21-0.590.380.140.20.430.610.240.56
0.880.90.790.950.780.180.950.61-0.980.860.75-0.250.950.890.950.960.960.240.930.960.950.920.480.940.84
0.870.980.830.980.780.10.950.79-0.960.860.83-0.090.990.90.890.980.990.070.860.980.990.810.570.980.83
0.480.860.780.80.34-0.330.610.79-0.670.510.57-0.070.720.580.470.760.750.040.40.780.740.310.450.720.41
-0.88-0.93-0.88-0.98-0.77-0.21-0.98-0.96-0.67-0.8-0.770.19-0.95-0.89-0.93-0.99-0.97-0.18-0.9-0.98-0.95-0.89-0.6-0.94-0.83
0.910.760.480.770.860.160.860.860.51-0.80.86-0.060.890.940.90.790.830.060.920.790.890.850.390.880.88
0.950.820.60.760.930.430.750.830.57-0.770.860.370.890.930.860.790.85-0.370.840.780.880.760.770.890.95
0.13-0.01-0.1-0.170.330.62-0.25-0.09-0.070.19-0.060.370.030.03-0.08-0.12-0.03-0.99-0.1-0.14-0.01-0.160.510.030.25
0.920.960.80.950.870.240.950.990.72-0.950.890.890.030.930.920.970.99-0.040.890.971.00.840.631.00.9
0.980.850.660.860.890.30.890.90.58-0.890.940.930.030.930.960.880.9-0.020.950.870.930.90.650.940.94
0.980.830.690.870.890.380.950.890.47-0.930.90.86-0.080.920.960.90.910.080.990.890.910.980.610.920.94
0.860.980.90.990.750.160.960.980.76-0.990.790.79-0.120.970.880.90.990.110.851.00.970.830.620.970.81
0.890.980.870.980.810.210.960.990.75-0.970.830.85-0.030.990.90.910.990.020.870.990.990.830.640.990.86
-0.13-0.020.070.16-0.33-0.590.240.070.04-0.180.06-0.37-0.99-0.04-0.020.080.110.020.10.120.00.16-0.5-0.03-0.25
0.970.770.620.820.890.380.930.860.4-0.90.920.84-0.10.890.950.990.850.870.10.840.880.990.540.880.93
0.850.980.911.00.740.140.960.980.78-0.980.790.78-0.140.970.870.891.00.990.120.840.970.820.620.960.8
0.910.970.80.960.840.20.950.990.74-0.950.890.88-0.011.00.930.910.970.990.00.880.970.840.61.00.88
0.930.720.620.790.860.430.920.810.31-0.890.850.76-0.160.840.90.980.830.830.160.990.820.840.530.840.9
0.70.660.690.60.670.610.480.570.45-0.60.390.770.510.630.650.610.620.64-0.50.540.620.60.530.630.71
0.920.960.790.960.860.240.940.980.72-0.940.880.890.031.00.940.920.970.99-0.030.880.961.00.840.630.9
0.990.780.590.760.990.560.840.830.41-0.830.880.950.250.90.940.940.810.86-0.250.930.80.880.90.710.9
Click cells to compare fundamentals

Lion Electric Account Relationship Matchups

Lion Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.9M320.3M590.6M710.4M841.1M469.0M
Short Long Term Debt Total22.3M53.6M75.3M174.2M341.9M359.0M
Other Current Liab534.7K955.0K14.4M(635.0K)38.1M40.0M
Total Current Liabilities31.4M1.1M61.2M81.1M145.7M153.0M
Total Stockholder Equity4.9M308.1M368.7M437.1M358.9M271.2M
Other Liab21.5M92.5M106.2M23.2M26.7M25.4M
Net Tangible Assets(1.5M)(102.7M)360.1M424.3M487.9M512.3M
Property Plant And Equipment Net9.6M12.9M93.6M221.3M288.2M302.6M
Net Debt31.5M(624.3K)(166.4M)85.9M312.0M327.6M
Retained Earnings(29.1M)(1.5M)(169.8M)(152.0M)(255.7M)(243.0M)
Accounts Payable4.4M8.2M25.5M75.9M54.4M31.4M
Non Current Assets Total36.7M319.6M189.6M386.9M484.4M262.2M
Non Currrent Assets Other20.7M319.6M14.1M14.3M20.5M19.5M
Other Assets20.7M49.3M87.4M152.8M175.7M184.5M
Net Receivables16.9M18.5M37.9M63.0M75.6M39.5M
Liabilities And Stockholders Equity65.9M320.3M590.6M710.4M841.1M469.0M
Non Current Liabilities Total29.7M11.2M160.8M192.2M336.5M353.3M
Inventory12.0M38.1M116.0M167.2M249.6M262.1M
Other Current Assets9.8M(56.4M)5.4M5.1M1.6M1.6M
Other Stockholder Equity1.4M6.5M122.6M134.4M139.6M74.4M
Total Liab61.0M12.3M221.9M273.3M482.2M506.3M
Deferred Long Term Liab20.7M35.0M73.3M138.5M159.3M167.3M
Total Current Assets29.2M770.1K401.0M323.5M356.7M206.7M
Accumulated Other Comprehensive Income1.4M(3.2M)(2.9M)(21.2M)(14.3M)(13.6M)
Short Term Debt14.1M28.7M20.7M5.2M35.0M20.2M
Intangible Assets27.1M42.1M81.9M151.4M175.7M184.5M
Common Stock32.6M303.1M418.7M476.0M489.4M320.1M
Property Plant Equipment9.6M12.9M93.6M221.3M254.5M267.2M
When determining whether Lion Electric Corp is a strong investment it is important to analyze Lion Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lion Electric's future performance. For an informed investment choice regarding Lion Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Electric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Please note, there is a significant difference between Lion Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lion Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lion Electric's 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.