Leading Edge Total Debt vs. Cash And Equivalents
| LEM Stock | CAD 0.09 0.00 0.00% |
For Leading Edge profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Leading Edge to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Leading Edge Materials utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Leading Edge's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Leading Edge Materials over time as well as its relative position and ranking within its peers.
Leading |
Leading Edge Materials Cash And Equivalents vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Leading Edge's current stock value. Our valuation model uses many indicators to compare Leading Edge value to that of its competitors to determine the firm's financial worth. Leading Edge Materials is considered the number one company in total debt category among its peers. It is rated second overall in cash and equivalents category among its peers creating about 0.21 of Cash And Equivalents per Total Debt. The ratio of Total Debt to Cash And Equivalents for Leading Edge Materials is roughly 4.72 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Leading Edge's earnings, one of the primary drivers of an investment's value.Leading Total Debt vs. Competition
Leading Edge Materials is considered the number one company in total debt category among its peers. Total debt of Materials industry is now estimated at about 8.95 Million. Leading Edge totals roughly 5 Million in total debt claiming about 56% of all equities under Materials industry.
Leading Cash And Equivalents vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Leading Edge |
| = | 5 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Leading Edge |
| = | 1.06 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Leading Cash And Equivalents Comparison
Leading Edge is currently under evaluation in cash and equivalents category among its peers.
Leading Edge Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Leading Edge, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Leading Edge will eventually generate negative long term returns. The profitability progress is the general direction of Leading Edge's change in net profit over the period of time. It can combine multiple indicators of Leading Edge, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 9.2 M | 5.6 M | |
| Operating Income | -2.8 M | -2.9 M | |
| Income Before Tax | -2.3 M | -2.4 M | |
| Total Other Income Expense Net | -133.5 K | -140.2 K | |
| Net Loss | -2.3 M | -2.4 M | |
| Income Tax Expense | (5.75) | (5.46) | |
| Net Loss | -3 M | -3.1 M | |
| Net Loss | -3.2 M | -3.4 M | |
| Net Interest Income | 55.3 K | 38.3 K | |
| Interest Income | 55.3 K | 41.1 K | |
| Change To Netincome | 2.3 M | 2.4 M | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.57 | 0.61 | |
| Net Income Per E B T | 1.16 | 1.03 |
Leading Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Leading Edge. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Leading Edge position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Leading Edge's important profitability drivers and their relationship over time.
Use Leading Edge in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Leading Edge position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Leading Edge will appreciate offsetting losses from the drop in the long position's value.Leading Edge Pair Trading
Leading Edge Materials Pair Trading Analysis
The ability to find closely correlated positions to Leading Edge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Leading Edge when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Leading Edge - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Leading Edge Materials to buy it.
The correlation of Leading Edge is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Leading Edge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Leading Edge Materials moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Leading Edge can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Leading Edge position
In addition to having Leading Edge in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Leading Stock Analysis
When running Leading Edge's price analysis, check to measure Leading Edge's 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 Leading Edge is operating at the current time. Most of Leading Edge's value examination focuses on studying past and present price action to predict the probability of Leading Edge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leading Edge's price. Additionally, you may evaluate how the addition of Leading Edge to your portfolios can decrease your overall portfolio volatility.