Lion Total Assets vs Property Plant And Equipment Net Analysis

LEV Stock  USD 0.20  0.01  4.76%   
Lion Electric financial indicator trend analysis is infinitely more than just investigating Lion Electric Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lion Electric Corp is a good investment. Please check the relationship between Lion Electric Total Assets and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Electric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Total Assets vs Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lion Electric Corp Total Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lion Electric's Total Assets and Property Plant And Equipment Net is 0.9. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Lion Electric Corp, assuming nothing else is changed. The correlation between historical values of Lion Electric's Total Assets and Property Plant And Equipment Net 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 Assets of Lion Electric Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., Lion Electric's Total Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Lion Electric assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lion Electric Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Lion Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lion Electric Corp 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 Lion Electric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Enterprise Value is likely to climb to about 1 B in 2024, whereas Selling General Administrative is likely to drop slightly above 44.6 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation5.3M11.5M21.4M22.5M
Total Operating Expenses106.1M67.8M108.6M80.8M

Lion Electric fundamental ratios Correlations

0.69-0.330.68-0.690.36-0.280.420.570.490.510.530.210.570.370.530.140.590.340.15-0.820.560.270.780.480.53
0.690.090.95-0.980.77-0.140.850.980.820.960.790.760.970.860.970.730.980.70.79-0.220.950.350.830.830.96
-0.330.090.18-0.210.160.920.270.210.370.20.430.560.120.430.10.60.09-0.310.40.59-0.030.69-0.080.150.09
0.680.950.18-0.980.86-0.010.90.960.930.950.920.840.960.910.880.810.950.490.77-0.30.850.570.90.890.94
-0.69-0.98-0.21-0.98-0.8-0.01-0.89-0.97-0.9-0.95-0.89-0.83-0.95-0.91-0.92-0.79-0.96-0.56-0.790.24-0.89-0.52-0.87-0.87-0.93
0.360.770.160.86-0.8-0.090.950.830.920.890.850.880.890.910.760.850.860.440.86-0.110.740.470.840.960.88
-0.28-0.140.92-0.01-0.01-0.090.01-0.060.19-0.080.290.29-0.150.17-0.210.32-0.18-0.610.060.38-0.330.72-0.19-0.09-0.2
0.420.850.270.9-0.890.950.010.90.960.930.910.940.920.980.840.890.90.510.93-0.040.810.50.860.990.91
0.570.980.210.96-0.970.83-0.060.90.870.990.830.860.990.920.970.840.990.680.88-0.080.950.410.80.870.98
0.490.820.370.93-0.90.920.190.960.870.880.990.930.880.960.750.890.850.290.83-0.160.70.710.880.940.85
0.510.960.20.95-0.950.89-0.080.930.990.880.840.881.00.940.960.870.990.670.9-0.060.940.410.810.90.99
0.530.790.430.92-0.890.850.290.910.830.990.840.90.830.930.70.860.80.190.76-0.210.630.80.860.890.79
0.210.760.560.84-0.830.880.290.940.860.930.880.90.850.980.770.990.820.360.950.20.70.640.680.880.83
0.570.970.120.96-0.950.89-0.150.920.990.881.00.830.850.920.960.831.00.680.87-0.140.940.380.840.91.0
0.370.860.430.91-0.910.910.170.980.920.960.940.930.980.920.850.950.90.450.940.050.790.60.790.940.9
0.530.970.10.88-0.920.76-0.210.840.970.750.960.70.770.960.850.760.970.820.86-0.020.990.20.720.810.97
0.140.730.60.81-0.790.850.320.890.840.890.870.860.990.830.950.760.80.340.930.270.680.630.60.820.82
0.590.980.090.95-0.960.86-0.180.90.990.850.990.80.821.00.90.970.80.720.86-0.150.960.340.830.881.0
0.340.7-0.310.49-0.560.44-0.610.510.680.290.670.190.360.680.450.820.340.720.610.060.87-0.390.40.50.73
0.150.790.40.77-0.790.860.060.930.880.830.90.760.950.870.940.860.930.860.610.30.820.350.620.880.88
-0.82-0.220.59-0.30.24-0.110.38-0.04-0.08-0.16-0.06-0.210.2-0.140.05-0.020.27-0.150.060.3-0.08-0.13-0.55-0.15-0.1
0.560.95-0.030.85-0.890.74-0.330.810.950.70.940.630.70.940.790.990.680.960.870.82-0.080.10.720.790.96
0.270.350.690.57-0.520.470.720.50.410.710.410.80.640.380.60.20.630.34-0.390.35-0.130.10.480.450.31
0.780.83-0.080.9-0.870.84-0.190.860.80.880.810.860.680.840.790.720.60.830.40.62-0.550.720.480.90.81
0.480.830.150.89-0.870.96-0.090.990.870.940.90.890.880.90.940.810.820.880.50.88-0.150.790.450.90.89
0.530.960.090.94-0.930.88-0.20.910.980.850.990.790.831.00.90.970.821.00.730.88-0.10.960.310.810.89
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Lion Electric Account Relationship Matchups

Lion Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab3.7M(64.8M)17.3M(635.0K)36.1M37.9M
Total Current Liabilities31.4M1.1M61.2M81.1M145.7M153.0M
Other Liab21.5M92.5M106.2M23.2M26.7M25.4M
Net Tangible Assets(1.5M)(102.7M)360.1M424.3M487.9M512.3M
Retained Earnings(29.1M)(1.5M)(169.8M)(152.0M)(255.7M)(243.0M)
Accounts Payable4.4M8.2M25.5M75.9M54.4M31.4M
Other Assets20.7M49.3M87.4M1.1M1.2M1.2M
Net Receivables7.4M18.5M37.9M63.0M75.6M38.4M
Inventory12.0M38.1M116.0M167.2M249.6M262.1M
Other Stockholder Equity1.05.0M122.6M134.4M139.6M73.8M
Deferred Long Term Liab20.7M35.0M73.3M138.5M159.3M167.3M
Total Current Assets29.2M770.1K401.0M323.5M356.7M206.7M
Common Stock32.6M303.1M418.7M476.0M489.4M320.1M
Property Plant Equipment9.6M12.9M93.6M221.3M254.5M267.2M

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