LightPath Price To Sales Ratio vs Roe Analysis
LPTH Stock | USD 1.66 0.01 0.61% |
LightPath Technologies financial indicator trend analysis is infinitely more than just investigating LightPath Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LightPath Technologies is a good investment. Please check the relationship between LightPath Technologies Price To Sales Ratio and its Roe accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightPath Technologies. 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. For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.
Price To Sales Ratio vs Roe
Price To Sales Ratio vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LightPath Technologies Price To Sales Ratio account and Roe. At this time, the significance of the direction appears to have pay attention.
The correlation between LightPath Technologies' Price To Sales Ratio and Roe is -0.72. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roe in the same time period over historical financial statements of LightPath Technologies, assuming nothing else is changed. The correlation between historical values of LightPath Technologies' Price To Sales Ratio and Roe 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 LightPath Technologies are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Price To Sales Ratio i.e., LightPath Technologies' Price To Sales Ratio and Roe go up and down completely randomly.
Correlation Coefficient | -0.72 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing LightPath Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on LightPath Technologies sales, a figure that is much harder to manipulate than other LightPath Technologies 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.Roe
Most indicators from LightPath Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LightPath Technologies 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 LightPath Technologies. 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. For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.As of now, LightPath Technologies' Tax Provision is increasing as compared to previous years. The LightPath Technologies' current Enterprise Value is estimated to increase to about 59.4 M, while Selling General Administrative is projected to decrease to under 8.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 229.5K | 283.3K | 191.9K | 182.3K | Depreciation And Amortization | 3.6M | 3.2M | 4.0M | 2.1M |
LightPath Technologies fundamental ratios Correlations
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LightPath Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LightPath Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 47.6M | 54.6M | 50.7M | 53.5M | 48.1M | 28.9M | |
Other Current Liab | 2.8M | 2.9M | 2.6M | 1.1M | 3.4M | 3.5M | |
Total Current Liabilities | 7.4M | 8.4M | 7.7M | 6.8M | 8.0M | 8.4M | |
Total Stockholder Equity | 34.6M | 33.6M | 29.7M | 36.0M | 30.2M | 21.6M | |
Property Plant And Equipment Net | 13.0M | 22.3M | 22.1M | 22.4M | 22.0M | 23.0M | |
Net Debt | 2.2M | 7.5M | 9.2M | 7.7M | 6.9M | 7.2M | |
Retained Earnings | (197.1M) | (200.2M) | (203.8M) | (207.8M) | (215.8M) | (226.6M) | |
Accounts Payable | 2.6M | 2.9M | 3.1M | 2.6M | 3.2M | 3.4M | |
Cash | 5.4M | 6.8M | 5.5M | 4.7M | 3.5M | 5.0M | |
Non Current Assets Total | 26.3M | 33.9M | 32.5M | 31.8M | 32.5M | 34.2M | |
Cash And Short Term Investments | 5.4M | 6.8M | 5.5M | 4.7M | 3.5M | 5.0M | |
Common Stock Shares Outstanding | 27.5M | 26.3M | 27.0M | 31.6M | 37.9M | 39.8M | |
Liabilities And Stockholders Equity | 47.6M | 54.6M | 50.7M | 53.5M | 48.1M | 28.9M | |
Non Current Liabilities Total | 5.6M | 12.6M | 13.2M | 10.8M | 9.9M | 10.3M | |
Inventory | 9.0M | 8.7M | 7.0M | 7.4M | 6.6M | 3.6M | |
Other Current Assets | 565.2K | 950.7K | 929.6K | 3.0M | 577.1K | 594.3K | |
Other Stockholder Equity | 230.6M | 231.4M | 232.3M | 242.8M | 245.1M | 202.5M | |
Total Liab | 13.0M | 21.0M | 21.0M | 17.6M | 17.9M | 18.8M | |
Property Plant And Equipment Gross | 13.0M | 22.3M | 22.1M | 22.4M | 40.3M | 42.3M | |
Total Current Assets | 21.3M | 20.7M | 18.2M | 21.8M | 15.5M | 14.2M | |
Accumulated Other Comprehensive Income | 735.9K | 2.1M | 935.1K | 606.5K | 509.9K | 535.4K | |
Intangible Assets | 6.7M | 5.6M | 4.5M | 3.3M | 3.7M | 3.4M | |
Non Currrent Assets Other | 381.9K | 289.5K | 75.7K | 65.9K | 59.6K | 56.6K | |
Net Receivables | 6.3M | 4.8M | 5.2M | 6.6M | 4.9M | 3.2M | |
Common Stock Total Equity | 257.6K | 258.1K | 258.9K | 269.9K | 310.3K | 325.9K | |
Common Stock | 258.9K | 269.9K | 270.5K | 373.4K | 392.5K | 412.2K | |
Property Plant Equipment | 13.0M | 22.3M | 22.1M | 22.4M | 25.7M | 27.0M | |
Short Long Term Debt Total | 7.6M | 14.2M | 14.7M | 12.4M | 10.4M | 10.9M | |
Short Term Debt | 2.0M | 2.7M | 2.0M | 3.2M | 1.4M | 951.0K | |
Other Assets | 734.7K | 174.7K | 170.7K | 205.9K | 185.3K | 310.5K | |
Long Term Debt | 4.4M | 4.1M | 3.2M | 1.6M | 325.9K | 309.6K | |
Other Liab | 290.8K | 518.4K | 541.0K | 465K | 418.5K | 650.5K | |
Net Tangible Assets | 22.0M | 22.1M | 19.4M | 26.8M | 30.8M | 16.5M | |
Retained Earnings Total Equity | (195.2M) | (197.9M) | (197.1M) | (200.2M) | (230.3M) | (241.8M) | |
Long Term Debt Total | 5.1M | 5.0M | 4.4M | 4.1M | 4.7M | 3.6M | |
Capital Surpluse | 229.9M | 230.3M | 230.6M | 231.4M | 266.2M | 242.6M | |
Capital Lease Obligations | 2.2M | 9.5M | 10.5M | 9.8M | 9.8M | 10.3M | |
Short Long Term Debt | 981.4K | 634.8K | 998.7K | 1.0M | 209.2K | 198.7K |
Currently Active Assets on Macroaxis
When determining whether LightPath Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LightPath Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lightpath Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lightpath Technologies Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightPath Technologies. 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. For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LightPath Technologies. If investors know LightPath will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LightPath Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 49.113 | Earnings Share (0.21) | Revenue Per Share 0.833 | Quarterly Revenue Growth 0.04 | Return On Assets (0.09) |
The market value of LightPath Technologies is measured differently than its book value, which is the value of LightPath that is recorded on the company's balance sheet. Investors also form their own opinion of LightPath Technologies' value that differs from its market value or its book value, called intrinsic value, which is LightPath Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LightPath Technologies' market value can be influenced by many factors that don't directly affect LightPath Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LightPath Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if LightPath Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightPath Technologies' 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.