Lexaria Cash Per Share vs Days Of Inventory On Hand Analysis

LEXXW Stock  USD 0.78  0.03  4.00%   
Lexaria Bioscience financial indicator trend analysis is infinitely more than just investigating Lexaria Bioscience Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lexaria Bioscience Corp is a good investment. Please check the relationship between Lexaria Bioscience Cash Per Share and its Days Of Inventory On Hand accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lexaria Bioscience 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 interest.

Cash Per Share vs Days Of Inventory On Hand

Cash Per Share vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lexaria Bioscience Corp Cash Per Share account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lexaria Bioscience's Cash Per Share and Days Of Inventory On Hand is -0.4. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Lexaria Bioscience Corp, assuming nothing else is changed. The correlation between historical values of Lexaria Bioscience's Cash Per Share and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Lexaria Bioscience Corp are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Cash Per Share i.e., Lexaria Bioscience's Cash Per Share and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash Per Share

Days Of Inventory On Hand

Most indicators from Lexaria Bioscience's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lexaria Bioscience 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 Lexaria Bioscience 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 interest.
At this time, Lexaria Bioscience's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 395.77 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 M in 2024.
 2021 2023 2024 (projected)
Other Operating Expenses7.6M6.2M3.2M
Interest Expense114.3K102.9K125.2K

Lexaria Bioscience fundamental ratios Correlations

0.460.290.990.05-0.9-0.660.510.950.220.950.530.120.360.620.760.310.230.95-0.55-0.19-0.540.49-0.19-0.550.32
0.460.420.42-0.18-0.43-0.70.970.450.00.420.550.290.740.90.710.450.010.48-0.31-0.270.090.0-0.29-0.50.73
0.290.420.140.80.12-0.070.510.020.870.01-0.220.240.430.260.111.00.880.03-0.430.420.180.130.410.130.27
0.990.420.14-0.09-0.95-0.690.460.980.080.990.590.090.310.610.780.160.080.98-0.51-0.28-0.60.46-0.28-0.60.3
0.05-0.180.8-0.090.370.31-0.06-0.230.97-0.23-0.550.080.03-0.29-0.280.780.97-0.25-0.270.650.110.20.650.41-0.16
-0.9-0.430.12-0.950.370.68-0.43-0.990.22-0.99-0.68-0.05-0.23-0.62-0.760.10.21-0.990.380.420.55-0.360.420.67-0.34
-0.66-0.7-0.07-0.690.310.68-0.68-0.680.1-0.66-0.88-0.17-0.66-0.87-0.99-0.120.11-0.710.290.570.48-0.390.590.66-0.33
0.510.970.510.46-0.06-0.43-0.680.470.120.440.480.370.760.910.70.540.130.5-0.4-0.180.07-0.02-0.2-0.50.76
0.950.450.020.98-0.23-0.99-0.680.47-0.071.00.630.070.280.630.770.04-0.071.0-0.45-0.34-0.550.39-0.34-0.640.35
0.220.00.870.080.970.220.10.12-0.07-0.07-0.370.130.21-0.08-0.060.860.99-0.08-0.370.560.020.280.560.27-0.05
0.950.420.010.99-0.23-0.99-0.660.441.0-0.070.620.070.260.610.760.03-0.071.0-0.45-0.34-0.570.4-0.34-0.630.33
0.530.55-0.220.59-0.55-0.68-0.880.480.63-0.370.62-0.010.510.680.86-0.18-0.410.660.13-0.77-0.30.46-0.8-0.550.14
0.120.290.240.090.08-0.05-0.170.370.070.130.07-0.010.250.340.180.240.150.09-0.3-0.160.01-0.32-0.140.10.15
0.360.740.430.310.03-0.23-0.660.760.280.210.260.510.250.690.650.490.210.32-0.18-0.24-0.010.2-0.28-0.360.38
0.620.90.260.61-0.29-0.62-0.870.910.63-0.080.610.680.340.690.880.3-0.070.66-0.45-0.41-0.240.05-0.42-0.640.64
0.760.710.110.78-0.28-0.76-0.990.70.77-0.060.760.860.180.650.880.15-0.070.8-0.35-0.53-0.50.41-0.55-0.680.36
0.310.451.00.160.780.1-0.120.540.040.860.03-0.180.240.490.30.150.870.05-0.440.390.160.150.390.10.28
0.230.010.880.080.970.210.110.13-0.070.99-0.07-0.410.150.21-0.07-0.070.87-0.07-0.430.58-0.010.220.580.24-0.03
0.950.480.030.98-0.25-0.99-0.710.51.0-0.081.00.660.090.320.660.80.05-0.07-0.45-0.37-0.550.41-0.37-0.640.35
-0.55-0.31-0.43-0.51-0.270.380.29-0.4-0.45-0.37-0.450.13-0.3-0.18-0.45-0.35-0.44-0.43-0.45-0.290.590.15-0.320.44-0.42
-0.19-0.270.42-0.280.650.420.57-0.18-0.340.56-0.34-0.77-0.16-0.24-0.41-0.530.390.58-0.37-0.290.22-0.181.00.060.26
-0.540.090.18-0.60.110.550.480.07-0.550.02-0.57-0.30.01-0.01-0.24-0.50.16-0.01-0.550.590.22-0.260.20.480.18
0.490.00.130.460.2-0.36-0.39-0.020.390.280.40.46-0.320.20.050.410.150.220.410.15-0.18-0.26-0.2-0.06-0.26
-0.19-0.290.41-0.280.650.420.59-0.2-0.340.56-0.34-0.8-0.14-0.28-0.42-0.550.390.58-0.37-0.321.00.2-0.20.090.24
-0.55-0.50.13-0.60.410.670.66-0.5-0.640.27-0.63-0.550.1-0.36-0.64-0.680.10.24-0.640.440.060.48-0.060.09-0.64
0.320.730.270.3-0.16-0.34-0.330.760.35-0.050.330.140.150.380.640.360.28-0.030.35-0.420.260.18-0.260.24-0.64
Click cells to compare fundamentals

Lexaria Bioscience Account Relationship Matchups

Lexaria Bioscience fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8M13.3M7.8M3.1M8.9M9.3M
Other Current Liab96.7K45K51.7K239.9K1.1M1.1M
Total Current Liabilities225.9K153.3K194.0K267.7K1.1M1.2M
Total Stockholder Equity2.5M13.3M7.9M3.0M8.0M8.4M
Property Plant And Equipment Net610.3K459.3K367.9K421.6K389.6K370.1K
Net Debt(1.1M)(10.8M)(5.8M)(1.2M)(6.4M)(6.0M)
Retained Earnings(27.8M)(31.8M)(39.1M)(45.8M)(51.6M)(49.0M)
Accounts Payable45.1K59.9K25.8K225.0K1.1M1.1M
Cash1.3M10.9M5.8M1.4M6.5M6.8M
Non Current Assets Total902.3K823.9K856.4K884.2K969.8K1.3M
Cash And Short Term Investments1.3M11.8M6.2M1.5M6.6M6.9M
Common Stock Shares Outstanding2.8M4.4M5.9M6.6M12.4M13.0M
Liabilities And Stockholders Equity2.8M13.3M7.8M3.1M8.9M9.3M
Non Current Liabilities Total120.1K50.0K7.4K136.2K109.3K209.8K
Other Current Assets182.1K319.3K576.8K546.8K1.2M1.2M
Other Stockholder Equity30.3M45.1M47.0M48.8M59.6M62.6M
Total Liab346.0K203.3K201.4K403.9K1.2M1.3M
Property Plant And Equipment Gross483.4K773.2K747.9K896.8K807.1K1.4M
Total Current Assets1.9M12.4M7.0M2.2M7.9M8.3M
Common Stock90.0K5.7K6.0K8.1K9.3K8.8K
Net Receivables313.9K342.4K201.8K175.2K154.5K166.2K
Inventory116.9K29.6K38.4K1.00.90.86
Non Currrent Assets Other(902.3K)(823.9K)(856.4K)(884.2K)63.6K66.8K
Intangible Assets292K364.6K488.5K462.6K516.7K295.9K
Net Invested Capital2.6M13.3M7.9M3.0M3.5M5.4M
Net Working Capital1.7M12.3M6.8M1.9M2.2M2.1M
Short Term Investments19.3K833.8K347.3K125.6K55.8K53.0K
Capital Stock90.0K5.7K6.0K8.1K7.3K6.9K

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