Loncor Price To Sales Ratio vs Invested Capital Analysis

LN Stock  CAD 0.48  0.02  4.35%   
Loncor Resources financial indicator trend analysis is infinitely more than just investigating Loncor Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Loncor Resources is a good investment. Please check the relationship between Loncor Resources Price To Sales Ratio and its Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loncor Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Price To Sales Ratio vs Invested Capital

Price To Sales Ratio vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Loncor Resources Price To Sales Ratio account and Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Loncor Resources' Price To Sales Ratio and Invested Capital is 0.46. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Loncor Resources, assuming nothing else is changed. The correlation between historical values of Loncor Resources' Price To Sales Ratio and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Loncor Resources are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Price To Sales Ratio i.e., Loncor Resources' Price To Sales Ratio and Invested Capital go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Loncor Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Loncor Resources sales, a figure that is much harder to manipulate than other Loncor Resources 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.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Loncor Resources. There are two different methods for calculating Loncor Resources invested capital: operating approach and financing approach. Understanding Loncor Resources invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.
Most indicators from Loncor Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Loncor Resources 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 Loncor Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
As of the 4th of December 2024, Sales General And Administrative To Revenue is likely to grow to 595.18, while Selling General Administrative is likely to drop about 711.5 K.
 2021 2022 2023 2024 (projected)
Interest Expense31.6K12.6K22.0K15.8K
Depreciation And Amortization175.1K151.4K18.9M19.9M

Loncor Resources fundamental ratios Correlations

-0.4-0.061.00.92-0.630.10.430.630.92-0.050.63-0.020.04-0.24-0.250.320.360.920.35-0.65-0.180.02-0.140.56-0.14
-0.40.52-0.42-0.510.24-0.44-0.36-0.23-0.520.19-0.230.550.380.810.81-0.220.38-0.50.380.010.50.470.31-0.170.19
-0.060.52-0.09-0.110.3-0.430.3-0.28-0.120.24-0.280.370.40.430.43-0.180.67-0.090.08-0.180.530.560.46-0.240.33
1.0-0.42-0.090.93-0.610.10.420.620.93-0.060.62-0.030.03-0.26-0.270.320.320.930.32-0.65-0.20.0-0.140.55-0.13
0.92-0.51-0.110.93-0.32-0.010.460.331.00.020.33-0.090.08-0.41-0.420.280.091.0-0.02-0.67-0.050.010.010.280.09
-0.630.240.3-0.61-0.32-0.59-0.08-1.0-0.330.13-1.00.180.380.130.11-0.39-0.46-0.31-0.720.120.480.250.47-0.940.75
0.1-0.44-0.430.1-0.01-0.59-0.050.580.01-0.060.58-0.54-0.88-0.63-0.60.47-0.02-0.030.040.53-0.57-0.63-0.50.52-0.92
0.43-0.360.30.420.46-0.08-0.050.080.47-0.120.080.050.2-0.06-0.06-0.070.260.470.02-0.22-0.080.28-0.01-0.020.05
0.63-0.23-0.280.620.33-1.00.580.080.34-0.111.0-0.18-0.38-0.12-0.110.390.480.320.72-0.14-0.44-0.24-0.440.95-0.74
0.92-0.52-0.120.931.0-0.330.010.470.340.020.34-0.090.07-0.42-0.430.280.091.0-0.02-0.65-0.060.00.00.290.07
-0.050.190.24-0.060.020.13-0.06-0.12-0.110.02-0.11-0.240.08-0.11-0.11-0.180.290.02-0.18-0.10.460.290.060.110.1
0.63-0.23-0.280.620.33-1.00.580.081.00.34-0.11-0.18-0.38-0.12-0.110.390.480.320.72-0.14-0.44-0.24-0.440.95-0.74
-0.020.550.37-0.03-0.090.18-0.540.05-0.18-0.09-0.24-0.180.690.690.69-0.470.2-0.070.35-0.130.070.680.05-0.250.37
0.040.380.40.030.080.38-0.880.2-0.380.070.08-0.380.690.630.61-0.710.160.10.13-0.40.410.850.26-0.340.74
-0.240.810.43-0.26-0.410.13-0.63-0.06-0.12-0.42-0.11-0.120.690.631.0-0.380.36-0.40.59-0.150.30.570.18-0.140.3
-0.250.810.43-0.27-0.420.11-0.6-0.06-0.11-0.43-0.11-0.110.690.611.0-0.370.37-0.410.61-0.120.290.560.17-0.140.27
0.32-0.22-0.180.320.28-0.390.47-0.070.390.28-0.180.39-0.47-0.71-0.38-0.370.040.260.05-0.21-0.18-0.70.030.35-0.41
0.360.380.670.320.09-0.46-0.020.260.480.090.290.480.20.160.360.370.040.10.64-0.310.280.440.120.54-0.21
0.92-0.5-0.090.931.0-0.31-0.030.470.321.00.020.32-0.070.1-0.4-0.410.260.1-0.02-0.67-0.050.030.020.270.11
0.350.380.080.32-0.02-0.720.040.020.72-0.02-0.180.720.350.130.590.610.050.64-0.02-0.2-0.160.21-0.240.66-0.41
-0.650.01-0.18-0.65-0.670.120.53-0.22-0.14-0.65-0.1-0.14-0.13-0.4-0.15-0.12-0.21-0.31-0.67-0.2-0.36-0.26-0.33-0.21-0.47
-0.180.50.53-0.2-0.050.48-0.57-0.08-0.44-0.060.46-0.440.070.410.30.29-0.180.28-0.05-0.16-0.360.430.86-0.270.54
0.020.470.560.00.010.25-0.630.28-0.240.00.29-0.240.680.850.570.56-0.70.440.030.21-0.260.430.15-0.150.49
-0.140.310.46-0.140.010.47-0.5-0.01-0.440.00.06-0.440.050.260.180.170.030.120.02-0.24-0.330.860.15-0.360.52
0.56-0.17-0.240.550.28-0.940.52-0.020.950.290.110.95-0.25-0.34-0.14-0.140.350.540.270.66-0.21-0.27-0.15-0.36-0.66
-0.140.190.33-0.130.090.75-0.920.05-0.740.070.1-0.740.370.740.30.27-0.41-0.210.11-0.41-0.470.540.490.52-0.66
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Loncor Resources Account Relationship Matchups

Loncor Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.7M32.7M40.3M42.9M24.4M24.2M
Other Current Liab1.4M690.7K268.6K1.1M2.1M2.2M
Total Current Liabilities2.0M1.6M2.0M1.7M2.7M1.5M
Total Stockholder Equity27.3M30.9M38.3M41.2M21.6M22.4M
Property Plant And Equipment Net29.5M32.2M39.5M41.8M12.8M20.6M
Net Debt540.8K129.8K12.1K153.5K(306.8K)(322.1K)
Retained Earnings(61.0M)(63.2M)(66.9M)(69.9M)(91.1M)(86.6M)
Accounts Payable336.3K715.5K1.5M224.3K366.9K470.6K
Cash77.7K256.6K154.2K182.2K639.7K607.7K
Non Current Assets Total29.5M32.2M39.5M41.8M12.8M21.0M
Cash And Short Term Investments77.7K256.6K154.2K182.2K639.7K607.7K
Net Receivables63.9K172.2K423.4K698.2K667.9K701.2K
Common Stock Shares Outstanding93.9M105.2M127.4M143.7M151.5M159.0M
Liabilities And Stockholders Equity29.7M32.7M40.3M42.9M24.4M24.2M
Inventory(63.89)90.7K206.2K248.7K10.3M10.8M
Other Current Assets63.9K90.9K206.9K249.7K10.9M11.5M
Other Stockholder Equity8.2M8.4M8.9M(0.14)(0.16)(0.15)
Total Liab2.4M1.8M2.0M1.7M2.8M1.8M
Property Plant And Equipment Gross29.5M32.2M40.6M43.0M13.5M20.8M
Total Current Assets141.6K519.8K784.4K1.1M11.6M12.2M
Accumulated Other Comprehensive Income8.4M8.9M10.8M12.1M12.5M13.1M
Short Long Term Debt Total618.5K386.4K166.3K335.7K332.9K488.7K
Short Term Debt231.5K200.0K206.2K308.9K230.2K305.6K
Non Current Liabilities Total418.8K186.4K27.6K26.8K102.7K97.5K
Common Stock79.8M85.1M94.5M98.9M100.2M84.3M
Net Tangible Assets26.7M30.3M38.2M41.0M47.2M33.2M
Short Long Term Debt40.0K27.3K11.7K308.9K150.2K148.4K
Property Plant Equipment28.9M31.5M39.4M41.8M48.0M34.5M
Long Term Debt Total386.9K186.4K27.6K26.8K30.8K29.2K
Cash And Equivalents77.7K256.6K154.2K182.2K209.5K214.2K
Net Invested Capital27.3M30.9M38.4M41.5M21.7M33.8M
Net Working Capital(1.8M)(1.1M)(1.2M)(540.2K)8.9M9.3M
Capital Stock79.8M85.1M94.5M98.9M100.2M98.6M

Other Information on Investing in Loncor Stock

Balance Sheet is a snapshot of the financial position of Loncor Resources at a specified time, usually calculated after every quarter, six months, or one year. Loncor Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Loncor Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Loncor currently owns. An asset can also be divided into two categories, current and non-current.