LeddarTech Total Current Liabilities vs Non Currrent Assets Other Analysis
| LDTC Stock | 1.81 0.60 49.59% |
LeddarTech Holdings financial indicator trend analysis is infinitely more than just investigating LeddarTech Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LeddarTech Holdings is a good investment. Please check the relationship between LeddarTech Holdings Total Current Liabilities and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeddarTech Holdings. 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 information on how to trade LeddarTech Stock refer to our How to Trade LeddarTech Stock guide.
Total Current Liabilities vs Non Currrent Assets Other
Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LeddarTech Holdings Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between LeddarTech Holdings' Total Current Liabilities and Non Currrent Assets Other is 0.85. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of LeddarTech Holdings, assuming nothing else is changed. The correlation between historical values of LeddarTech Holdings' Total Current Liabilities and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of LeddarTech Holdings are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., LeddarTech Holdings' Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on LeddarTech Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of LeddarTech Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from LeddarTech Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LeddarTech Holdings 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 LeddarTech Holdings. 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 information on how to trade LeddarTech Stock refer to our How to Trade LeddarTech Stock guide.As of December 12, 2024, Selling General Administrative is expected to decline to about 17.4 M. Issuance Of Capital Stock is expected to grow at the current pace this year
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 40.3K | 223.6K | 257.1K | 270.0K | Net Interest Income | 531.2K | 1.0M | 916.3K | 1.3M |
LeddarTech Holdings fundamental ratios Correlations
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LeddarTech Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether LeddarTech Holdings is a strong investment it is important to analyze LeddarTech Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact LeddarTech Holdings' future performance. For an informed investment choice regarding LeddarTech Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeddarTech Holdings. 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 information on how to trade LeddarTech Stock refer to our How to Trade LeddarTech Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Application Software 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 LeddarTech Holdings. If investors know LeddarTech 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 LeddarTech Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.26) | Revenue Per Share 0.374 | Quarterly Revenue Growth 0.004 | Return On Assets (0.26) | Return On Equity (5.26) |
The market value of LeddarTech Holdings is measured differently than its book value, which is the value of LeddarTech that is recorded on the company's balance sheet. Investors also form their own opinion of LeddarTech Holdings' value that differs from its market value or its book value, called intrinsic value, which is LeddarTech Holdings' 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 LeddarTech Holdings' market value can be influenced by many factors that don't directly affect LeddarTech Holdings' 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 LeddarTech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if LeddarTech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LeddarTech Holdings' 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.