Legend Net Receivables vs Total Stockholder Equity Analysis

LPS Stock  CAD 0.20  0.01  4.76%   
Legend Power financial indicator trend analysis is infinitely more than just investigating Legend Power Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Legend Power Systems is a good investment. Please check the relationship between Legend Power Net Receivables and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legend Power Systems. 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.

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legend Power Systems Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Legend Power's Net Receivables and Total Stockholder Equity is 0.66. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Legend Power Systems, assuming nothing else is changed. The correlation between historical values of Legend Power's Net Receivables and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Legend Power Systems are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., Legend Power's Net Receivables and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Legend Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Legend Power Systems 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 Legend Power Systems. 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.
Issuance Of Capital Stock is likely to climb to about 3.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit204.4K194.2K223.3K212.1K
Total Revenue2.1M1.1M1.3M1.8M

Legend Power fundamental ratios Correlations

-0.030.141.0-0.97-0.490.330.97-0.380.970.640.57-0.490.371.0-0.140.320.220.460.51-0.39-0.540.17-0.530.00.64
-0.030.45-0.060.020.28-0.42-0.020.58-0.02-0.26-0.14-0.490.33-0.080.530.26-0.650.070.090.480.50.870.210.050.1
0.140.450.06-0.08-0.120.330.130.280.13-0.160.14-0.450.90.110.750.43-0.150.270.050.610.070.60.2-0.060.35
1.0-0.060.06-0.97-0.470.310.97-0.390.970.660.54-0.450.290.99-0.20.280.210.430.52-0.43-0.540.12-0.540.010.6
-0.970.02-0.08-0.970.38-0.35-1.00.35-1.0-0.55-0.430.39-0.3-0.960.17-0.2-0.12-0.29-0.460.370.45-0.150.46-0.09-0.5
-0.490.28-0.12-0.470.38-0.1-0.420.46-0.42-0.13-0.930.24-0.43-0.510.18-0.68-0.81-0.83-0.360.550.90.10.720.32-0.87
0.33-0.420.330.31-0.35-0.10.34-0.520.340.480.01-0.190.40.37-0.04-0.280.03-0.16-0.01-0.05-0.31-0.14-0.070.34-0.03
0.97-0.020.130.97-1.0-0.420.34-0.351.00.520.47-0.390.350.97-0.130.260.160.330.45-0.36-0.470.17-0.470.060.56
-0.380.580.28-0.390.350.46-0.52-0.35-0.35-0.58-0.350.090.0-0.460.40.27-0.4-0.06-0.120.690.730.430.67-0.36-0.26
0.97-0.020.130.97-1.0-0.420.341.0-0.350.520.47-0.390.350.97-0.130.260.160.330.45-0.36-0.470.17-0.470.060.56
0.64-0.26-0.160.66-0.55-0.130.480.52-0.580.520.22-0.42-0.010.67-0.31-0.220.020.10.32-0.4-0.39-0.1-0.40.230.16
0.57-0.140.140.54-0.43-0.930.010.47-0.350.470.22-0.390.430.56-0.140.780.750.940.37-0.5-0.870.07-0.77-0.540.9
-0.49-0.49-0.45-0.450.390.24-0.19-0.390.09-0.39-0.42-0.39-0.54-0.48-0.17-0.350.18-0.45-0.250.030.22-0.640.27-0.01-0.49
0.370.330.90.29-0.3-0.430.40.350.00.35-0.010.43-0.540.360.550.560.090.470.040.24-0.270.61-0.14-0.080.61
1.0-0.080.110.99-0.96-0.510.370.97-0.460.970.670.56-0.480.36-0.170.270.230.430.5-0.44-0.580.13-0.570.060.63
-0.140.530.75-0.20.170.18-0.04-0.130.4-0.13-0.31-0.14-0.170.55-0.170.23-0.260.02-0.210.740.320.50.270.010.06
0.320.260.430.28-0.2-0.68-0.280.260.270.26-0.220.78-0.350.560.270.230.510.90.2-0.06-0.420.4-0.36-0.690.8
0.22-0.65-0.150.21-0.12-0.810.030.16-0.40.160.020.750.180.090.23-0.260.510.640.03-0.54-0.8-0.47-0.56-0.510.57
0.460.070.270.43-0.29-0.83-0.160.33-0.060.330.10.94-0.450.470.430.020.90.640.33-0.29-0.670.23-0.57-0.640.89
0.510.090.050.52-0.46-0.36-0.010.45-0.120.450.320.37-0.250.040.5-0.210.20.030.33-0.07-0.25-0.08-0.250.00.42
-0.390.480.61-0.430.370.55-0.05-0.360.69-0.36-0.4-0.50.030.24-0.440.74-0.06-0.54-0.29-0.070.70.340.75-0.02-0.38
-0.540.50.07-0.540.450.9-0.31-0.470.73-0.47-0.39-0.870.22-0.27-0.580.32-0.42-0.8-0.67-0.250.70.250.860.25-0.71
0.170.870.60.12-0.150.1-0.140.170.430.17-0.10.07-0.640.610.130.50.4-0.470.23-0.080.340.250.05-0.060.27
-0.530.210.2-0.540.460.72-0.07-0.470.67-0.47-0.4-0.770.27-0.14-0.570.27-0.36-0.56-0.57-0.250.750.860.050.17-0.65
0.00.05-0.060.01-0.090.320.340.06-0.360.060.23-0.54-0.01-0.080.060.01-0.69-0.51-0.640.0-0.020.25-0.060.17-0.32
0.640.10.350.6-0.5-0.87-0.030.56-0.260.560.160.9-0.490.610.630.060.80.570.890.42-0.38-0.710.27-0.65-0.32
Click cells to compare fundamentals

Legend Power Account Relationship Matchups

Legend Power fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8M11.8M6.3M5.2M6.0M4.8M
Other Current Liab420.1K414.3K414.4K447.7K403.0K276.4K
Total Current Liabilities857.6K1.2M783.6K878.0K1.0M712.0K
Total Stockholder Equity3.4M10.1M5.4M4.0M4.6M3.9M
Net Debt(2.0M)(9.0M)(2.9M)(2.1M)(1.9M)(2.0M)
Retained Earnings(56.1M)(59.9M)(65.3M)(69.5M)(62.5M)(59.4M)
Accounts Payable365.8K634.7K212.9K105.0K120.8K114.8K
Cash2.3M9.3M3.1M2.5M2.9M2.1M
Non Current Assets Total202.3K475.9K377.0K560.9K504.8K990.5K
Cash And Short Term Investments2.3M9.3M3.1M2.5M2.9M2.1M
Net Receivables1.1M624.7K922.5K224.3K258.0K245.1K
Common Stock Shares Outstanding101.9M107.3M117.6M119.8M137.8M144.7M
Liabilities And Stockholders Equity4.8M11.8M6.3M5.2M6.0M4.8M
Other Stockholder Equity9.0M10.5M11.0M11.5M13.2M16.7M
Total Liab1.4M1.7M953.2K1.2M1.4M908.3K
Total Current Assets4.6M11.3M5.9M4.7M5.4M3.5M
Accumulated Other Comprehensive Income(120.8K)(90.4K)3.5K(6.7K)(6.0K)(5.7K)
Property Plant And Equipment Net202.3K458.3K327.0K550.3K632.9K664.5K
Inventory1.2M1.3M1.6M1.9M2.1M2.2M
Other Current Assets65.0K135.1K329.1K74.7K85.9K123.1K
Non Current Liabilities Total551.3K535.8K169.6K356.6K410.1K287.8K
Common Stock50.6M59.6M59.6M62.0M71.3M49.5M
Other Liab245.4K381.3K343.9K106.0K121.9K237.4K
Net Tangible Assets7.8M3.4M10.1M5.3M6.1M6.0M
Property Plant Equipment106.8K202.3K458.3K327.0K376.1K394.9K
Net Invested Capital3.6M10.1M5.4M4.0M3.6M5.5M
Net Working Capital3.8M10.1M5.1M3.8M3.4M5.5M
Capital Stock50.6M59.6M59.6M62.0M71.3M61.0M

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