Lexaria Net Income From Continuing Ops vs Ebitda Analysis

LEXXW Stock  USD 0.75  0.04  5.63%   
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 Net Income From Continuing Ops and its Ebitda 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.

Net Income From Continuing Ops vs Ebitda

Net Income From Continuing Ops vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lexaria Bioscience Corp Net Income From Continuing Ops account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lexaria Bioscience's Net Income From Continuing Ops and Ebitda is 0.94. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Ebitda 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 Net Income From Continuing Ops and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Lexaria Bioscience Corp are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Net Income From Continuing Ops i.e., Lexaria Bioscience's Net Income From Continuing Ops and Ebitda go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Ebitda

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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