LeoNovus Invested Capital vs Capex To Depreciation Analysis

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

Invested Capital vs Capex To Depreciation

Invested Capital vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LeoNovus Invested Capital account and Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.

The correlation between LeoNovus' Invested Capital and Capex To Depreciation is 0.12. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of LeoNovus, assuming nothing else is changed. The correlation between historical values of LeoNovus' Invested Capital and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of LeoNovus are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Invested Capital i.e., LeoNovus' Invested Capital and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

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Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to LeoNovus. There are two different methods for calculating LeoNovus invested capital: operating approach and financing approach. Understanding LeoNovus invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from LeoNovus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LeoNovus 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 LeoNovus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, LeoNovus' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 183.90 in 2025, despite the fact that Enterprise Value Over EBITDA is likely to grow to (134.18).

LeoNovus fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Current Liab	Accounts Payable	Intangible Assets	Other Liab	Net Tangible Assets	Other Assets	Inventory	Common Stock	Property Plant Equipment
Total Assets		0.28	0.86	-0.98	0.0	0.99	0.99	-0.17	0.66	0.89	0.99	0.17	-0.19	0.06	0.98	0.95	0.96	0.42	-0.24	0.16	-0.21	0.72	-0.09	-0.07	0.08	-0.21
Total Current Liabilities	0.28		-0.19	-0.27	0.19	0.26	0.26	-0.31	0.8	0.63	0.29	0.39	-0.18	-0.46	0.25	0.24	0.32	0.86	0.26	0.04	-0.01	-0.12	0.24	0.11	-0.46	-0.54
Total Stockholder Equity	0.86	-0.19		-0.87	-0.14	0.88	0.88	-0.02	0.25	0.54	0.88	0.12	-0.01	0.37	0.82	0.78	0.75	0.0	-0.41	0.14	-0.27	0.82	-0.18	-0.11	0.36	0.08
Net Debt	-0.98	-0.27	-0.87		-0.05	-0.99	-0.99	0.18	-0.61	-0.85	-0.99	-0.18	0.27	0.01	-0.94	-0.91	-0.92	-0.37	0.14	-0.13	0.14	-0.71	0.12	0.09	-0.05	0.25
Retained Earnings	0.0	0.19	-0.14	-0.05		-0.01	-0.01	-0.85	0.11	0.1	0.01	0.1	-0.25	-0.42	-0.01	-0.13	0.08	0.3	0.55	0.28	0.8	-0.61	0.28	0.28	-0.9	-0.87
Cash	0.99	0.26	0.88	-0.99	-0.01		1.0	-0.16	0.62	0.85	1.0	0.18	-0.19	0.06	0.95	0.92	0.93	0.38	-0.22	0.15	-0.2	0.73	-0.14	-0.12	0.1	-0.2
Cash And Short Term Investments	0.99	0.26	0.88	-0.99	-0.01	1.0		-0.16	0.62	0.85	1.0	0.18	-0.19	0.06	0.95	0.92	0.93	0.38	-0.22	0.15	-0.2	0.73	-0.14	-0.12	0.1	-0.2
Common Stock Shares Outstanding	-0.17	-0.31	-0.02	0.18	-0.85	-0.16	-0.16		-0.25	-0.21	-0.2	-0.39	-0.14	0.07	-0.15	0.04	-0.19	-0.52	-0.28	-0.62	-0.58	0.49	-0.31	-0.27	0.78	0.84
Other Stockholder Equity	0.66	0.8	0.25	-0.61	0.11	0.62	0.62	-0.25		0.88	0.63	0.14	-0.25	-0.35	0.67	0.65	0.71	0.85	-0.09	0.06	-0.26	0.26	0.31	0.22	-0.32	-0.49
Total Liab	0.89	0.63	0.54	-0.85	0.1	0.85	0.85	-0.21	0.88		0.85	0.16	-0.34	-0.25	0.9	0.89	0.93	0.66	-0.05	0.05	-0.14	0.48	0.0	-0.03	-0.17	-0.38
Total Current Assets	0.99	0.29	0.88	-0.99	0.01	1.0	1.0	-0.2	0.63	0.85		0.26	-0.16	0.07	0.94	0.9	0.91	0.41	-0.21	0.18	-0.2	0.72	-0.08	-0.06	0.08	-0.23
Net Receivables	0.17	0.39	0.12	-0.18	0.1	0.18	0.18	-0.39	0.14	0.16	0.26		0.4	0.29	0.07	-0.04	0.02	0.33	0.08	0.25	0.11	-0.02	0.14	0.11	-0.12	-0.19
Short Long Term Debt Total	-0.19	-0.18	-0.01	0.27	-0.25	-0.19	-0.19	-0.14	-0.25	-0.34	-0.16	0.4		0.73	-0.22	-0.35	-0.32	-0.06	-0.48	0.44	-0.16	-0.1	-0.04	-0.04	0.22	0.23
Property Plant And Equipment Net	0.06	-0.46	0.37	0.01	-0.42	0.06	0.06	0.07	-0.35	-0.25	0.07	0.29	0.73		0.04	-0.07	-0.1	-0.26	-0.65	0.22	-0.32	0.29	-0.21	-0.18	0.56	0.53
Non Current Assets Total	0.98	0.25	0.82	-0.94	-0.01	0.95	0.95	-0.15	0.67	0.9	0.94	0.07	-0.22	0.04		0.97	0.99	0.41	-0.26	0.15	-0.22	0.69	-0.1	-0.08	0.07	-0.18
Non Currrent Assets Other	0.95	0.24	0.78	-0.91	-0.13	0.92	0.92	0.04	0.65	0.89	0.9	-0.04	-0.35	-0.07	0.97		0.97	0.32	-0.24	-0.02	-0.29	0.76	-0.15	-0.12	0.16	-0.07
Non Current Liabilities Total	0.96	0.32	0.75	-0.92	0.08	0.93	0.93	-0.19	0.71	0.93	0.91	0.02	-0.32	-0.1	0.99	0.97		0.45	-0.16	0.13	-0.13	0.61	-0.09	-0.08	-0.04	-0.27
Other Current Liab	0.42	0.86	0.0	-0.37	0.3	0.38	0.38	-0.52	0.85	0.66	0.41	0.33	-0.06	-0.26	0.41	0.32	0.45		-0.03	0.3	-0.11	-0.09	0.39	0.24	-0.5	-0.65
Accounts Payable	-0.24	0.26	-0.41	0.14	0.55	-0.22	-0.22	-0.28	-0.09	-0.05	-0.21	0.08	-0.48	-0.65	-0.26	-0.24	-0.16	-0.03		0.02	0.72	-0.48	0.11	0.15	-0.56	-0.48
Intangible Assets	0.16	0.04	0.14	-0.13	0.28	0.15	0.15	-0.62	0.06	0.05	0.18	0.25	0.44	0.22	0.15	-0.02	0.13	0.3	0.02		0.22	-0.19	0.15	0.12	-0.27	-0.44
Other Liab	-0.21	-0.01	-0.27	0.14	0.8	-0.2	-0.2	-0.58	-0.26	-0.14	-0.2	0.11	-0.16	-0.32	-0.22	-0.29	-0.13	-0.11	0.72	0.22		-0.64	-0.12	-0.07	-0.69	-0.57
Net Tangible Assets	0.72	-0.12	0.82	-0.71	-0.61	0.73	0.73	0.49	0.26	0.48	0.72	-0.02	-0.1	0.29	0.69	0.76	0.61	-0.09	-0.48	-0.19	-0.64		-0.23	-0.16	0.71	0.47
Other Assets	-0.09	0.24	-0.18	0.12	0.28	-0.14	-0.14	-0.31	0.31	0.0	-0.08	0.14	-0.04	-0.21	-0.1	-0.15	-0.09	0.39	0.11	0.15	-0.12	-0.23		0.94	-0.39	-0.39
Inventory	-0.07	0.11	-0.11	0.09	0.28	-0.12	-0.12	-0.27	0.22	-0.03	-0.06	0.11	-0.04	-0.18	-0.08	-0.12	-0.08	0.24	0.15	0.12	-0.07	-0.16	0.94		-0.34	-0.33
Common Stock	0.08	-0.46	0.36	-0.05	-0.9	0.1	0.1	0.78	-0.32	-0.17	0.08	-0.12	0.22	0.56	0.07	0.16	-0.04	-0.5	-0.56	-0.27	-0.69	0.71	-0.39	-0.34		0.92
Property Plant Equipment	-0.21	-0.54	0.08	0.25	-0.87	-0.2	-0.2	0.84	-0.49	-0.38	-0.23	-0.19	0.23	0.53	-0.18	-0.07	-0.27	-0.65	-0.48	-0.44	-0.57	0.47	-0.39	-0.33	0.92

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LeoNovus Account Relationship Matchups

LeoNovus fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.1M	2.8M	112K	106K	121.9K	115.8K
Total Current Liabilities	1.5M	606K	1.7M	1.7M	1.9M	2.3M
Total Stockholder Equity	798K	1.4M	(1.6M)	(1.6M)	(1.8M)	(1.7M)
Net Debt	288K	(461K)	757K	97K	87.3K	91.7K
Retained Earnings	(50.4M)	(53.0M)	(56.1M)	(56.1M)	(50.5M)	(48.0M)
Cash	834K	1.2M	43K	1K	1.2K	1.1K
Cash And Short Term Investments	834K	1.2M	43K	1K	1.2K	1.1K
Common Stock Shares Outstanding	9.3M	9.6M	18.8M	20.9M	24.0M	25.2M
Liabilities And Stockholders Equity	3.1M	2.8M	112K	106K	121.9K	115.8K
Other Stockholder Equity	8.0M	10.6M	10.7M	7.7M	8.9M	15.0M
Total Liab	2.3M	1.3M	1.7M	1.7M	1.9M	3.6M
Total Current Assets	1.5M	1.3M	112K	106K	121.9K	115.8K
Net Receivables	683K	86K	69K	105K	120.8K	114.7K
Short Long Term Debt Total	1.1M	786K	800K	98K	112.7K	107.1K
Other Current Liab	881K	519K	328K	332K	298.8K	283.9K
Accounts Payable	290K	42K	574K	1.2M	1.1M	614.4K
Net Tangible Assets	3.9M	1.0M	798K	1.4M	1.6M	1.7M
Common Stock	38.9M	41.1M	36.1M	36.7M	42.2M	32.1M
Property Plant Equipment	925K	1.8M	1.6M	1.4M	1.6M	1.7M
Net Invested Capital	1.1M	1.4M	(1.5M)	(1.5M)	(1.3M)	(1.2M)
Accumulated Other Comprehensive Income	7.1M	7.2M	7.2M	10.2M	11.7M	12.3M
Net Working Capital	18K	743K	(1.6M)	(1.6M)	(1.4M)	(1.3M)

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