Loncor Resources Stock Price To Sales

LN Stock  CAD 0.47  0.01  2.08%   
Loncor Resources fundamentals help investors to digest information that contributes to Loncor Resources' financial success or failures. It also enables traders to predict the movement of Loncor Stock. The fundamental analysis module provides a way to measure Loncor Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Loncor Resources stock.
Last ReportedProjected for Next Year
Price To Sales Ratio31.3 K32.9 K
As of the 11th of December 2024, Price To Sales Ratio is likely to grow to about 32.9 K.
  
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Loncor Resources Company Price To Sales Analysis

Loncor Resources' Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Current Loncor Resources Price To Sales

    
  32.9K  
Most of Loncor Resources' fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Loncor Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Loncor Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Loncor Resources is extremely important. It helps to project a fair market value of Loncor Stock properly, considering its historical fundamentals such as Price To Sales. Since Loncor Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Loncor Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Loncor Resources' interrelated accounts and indicators.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Loncor Price To Sales Ratio

Price To Sales Ratio

32,886.63

At this time, Loncor Resources' Price To Sales Ratio is very stable compared to the past year.

Loncor Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Loncor Resources from analyzing Loncor Resources' financial statements. These drivers represent accounts that assess Loncor Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Loncor Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap31.4M47.1M66.5M33.9M41.1M22.5M
Enterprise Value32.0M47.2M66.5M34.1M40.8M21.2M

Loncor Fundamentals

About Loncor Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Loncor Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Loncor Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Loncor Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Other Information on Investing in Loncor Stock

Loncor Resources financial ratios help investors to determine whether Loncor Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Loncor with respect to the benefits of owning Loncor Resources security.