LeoNovus Ptb Ratio vs Invested Capital Analysis
LTV Stock | CAD 0.04 0.00 0.00% |
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 Ptb Ratio and its Invested Capital 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.
Ptb Ratio vs Invested Capital
Ptb Ratio vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LeoNovus Ptb Ratio account and Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between LeoNovus' Ptb Ratio and Invested Capital is -0.01. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Invested Capital in the same time period over historical financial statements of LeoNovus, assuming nothing else is changed. The correlation between historical values of LeoNovus' Ptb 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 Ptb Ratio of LeoNovus 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 Ptb Ratio i.e., LeoNovus' Ptb Ratio and Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.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.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
Click cells to compare fundamentals
LeoNovus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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) |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for LeoNovus Stock Analysis
When running LeoNovus' price analysis, check to measure LeoNovus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LeoNovus is operating at the current time. Most of LeoNovus' value examination focuses on studying past and present price action to predict the probability of LeoNovus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LeoNovus' price. Additionally, you may evaluate how the addition of LeoNovus to your portfolios can decrease your overall portfolio volatility.