| LN Stock | | | CAD 0.49 0.02 4.26% |
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 Stock Based Compensation and its Net Income 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.
Stock Based Compensation vs Net Income
Stock Based Compensation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Loncor Resources Stock Based Compensation account and
Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Loncor Resources' Stock Based Compensation and Net Income is 0.25. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income 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' Stock Based Compensation and Net 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 Stock Based Compensation of Loncor Resources are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Stock Based Compensation i.e., Loncor Resources' Stock Based Compensation and Net Income go up and down completely randomly.
Correlation Coefficient | 0.25 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Loncor Resources financial statement analysis. It represents the amount of money remaining after all of Loncor Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 12th 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.
Loncor Resources fundamental ratios Correlations
Click cells to compare fundamentals
Loncor Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Loncor Resources fundamental ratios Accounts
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.