| 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 Depreciation And Amortization and its Operating Income 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.
Depreciation And Amortization vs Operating Income
Depreciation And Amortization vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lion Electric Corp Depreciation And Amortization account and
Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Lion Electric's Depreciation And Amortization and Operating Income is -0.83. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income 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 Depreciation And Amortization and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Lion Electric Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Depreciation And Amortization i.e., Lion Electric's Depreciation And Amortization and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.83 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Operating Income
Operating Income is the amount of profit realized from Lion Electric Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lion Electric Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 2nd of December 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 Amortization | 5.3M | 26.1M | 27.4M | Interest Income | 7.5M | 8.6M | 9.0M |
Lion Electric fundamental ratios Correlations
Click cells to compare fundamentals
Lion Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lion Electric fundamental ratios Accounts
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
Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.