Legend Ptb Ratio vs Free Cash Flow Yield 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 Ptb Ratio and its Free Cash Flow Yield 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.

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legend Power Systems Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between Legend Power's Ptb Ratio and Free Cash Flow Yield is 0.3. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield 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 Ptb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Legend Power Systems are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ptb Ratio i.e., Legend Power's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

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Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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 Profit	204.4K	194.2K	223.3K	212.1K
Total Revenue	2.1M	1.1M	1.3M	1.8M

Gross Profit Total Revenue

Legend Power fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Inventory	Other Current Assets	Short Term Debt	Intangible Assets	Non Current Liabilities Total	Short Term Investments	Short Long Term Debt	Common Stock
Total Assets		-0.03	0.14	1.0	-0.97	-0.49	0.33	0.97	-0.38	0.97	0.64	0.57	-0.49	0.37	1.0	-0.14	0.32	0.22	0.46	0.51	-0.39	-0.54	0.17	-0.53	0.0	0.64
Other Current Liab	-0.03		0.45	-0.06	0.02	0.28	-0.42	-0.02	0.58	-0.02	-0.26	-0.14	-0.49	0.33	-0.08	0.53	0.26	-0.65	0.07	0.09	0.48	0.5	0.87	0.21	0.05	0.1
Total Current Liabilities	0.14	0.45		0.06	-0.08	-0.12	0.33	0.13	0.28	0.13	-0.16	0.14	-0.45	0.9	0.11	0.75	0.43	-0.15	0.27	0.05	0.61	0.07	0.6	0.2	-0.06	0.35
Total Stockholder Equity	1.0	-0.06	0.06		-0.97	-0.47	0.31	0.97	-0.39	0.97	0.66	0.54	-0.45	0.29	0.99	-0.2	0.28	0.21	0.43	0.52	-0.43	-0.54	0.12	-0.54	0.01	0.6
Net Debt	-0.97	0.02	-0.08	-0.97		0.38	-0.35	-1.0	0.35	-1.0	-0.55	-0.43	0.39	-0.3	-0.96	0.17	-0.2	-0.12	-0.29	-0.46	0.37	0.45	-0.15	0.46	-0.09	-0.5
Retained Earnings	-0.49	0.28	-0.12	-0.47	0.38		-0.1	-0.42	0.46	-0.42	-0.13	-0.93	0.24	-0.43	-0.51	0.18	-0.68	-0.81	-0.83	-0.36	0.55	0.9	0.1	0.72	0.32	-0.87
Accounts Payable	0.33	-0.42	0.33	0.31	-0.35	-0.1		0.34	-0.52	0.34	0.48	0.01	-0.19	0.4	0.37	-0.04	-0.28	0.03	-0.16	-0.01	-0.05	-0.31	-0.14	-0.07	0.34	-0.03
Cash	0.97	-0.02	0.13	0.97	-1.0	-0.42	0.34		-0.35	1.0	0.52	0.47	-0.39	0.35	0.97	-0.13	0.26	0.16	0.33	0.45	-0.36	-0.47	0.17	-0.47	0.06	0.56
Non Current Assets Total	-0.38	0.58	0.28	-0.39	0.35	0.46	-0.52	-0.35		-0.35	-0.58	-0.35	0.09	0.0	-0.46	0.4	0.27	-0.4	-0.06	-0.12	0.69	0.73	0.43	0.67	-0.36	-0.26
Cash And Short Term Investments	0.97	-0.02	0.13	0.97	-1.0	-0.42	0.34	1.0	-0.35		0.52	0.47	-0.39	0.35	0.97	-0.13	0.26	0.16	0.33	0.45	-0.36	-0.47	0.17	-0.47	0.06	0.56
Net Receivables	0.64	-0.26	-0.16	0.66	-0.55	-0.13	0.48	0.52	-0.58	0.52		0.22	-0.42	-0.01	0.67	-0.31	-0.22	0.02	0.1	0.32	-0.4	-0.39	-0.1	-0.4	0.23	0.16
Common Stock Shares Outstanding	0.57	-0.14	0.14	0.54	-0.43	-0.93	0.01	0.47	-0.35	0.47	0.22		-0.39	0.43	0.56	-0.14	0.78	0.75	0.94	0.37	-0.5	-0.87	0.07	-0.77	-0.54	0.9
Other Stockholder Equity	-0.49	-0.49	-0.45	-0.45	0.39	0.24	-0.19	-0.39	0.09	-0.39	-0.42	-0.39		-0.54	-0.48	-0.17	-0.35	0.18	-0.45	-0.25	0.03	0.22	-0.64	0.27	-0.01	-0.49
Total Liab	0.37	0.33	0.9	0.29	-0.3	-0.43	0.4	0.35	0.0	0.35	-0.01	0.43	-0.54		0.36	0.55	0.56	0.09	0.47	0.04	0.24	-0.27	0.61	-0.14	-0.08	0.61
Total Current Assets	1.0	-0.08	0.11	0.99	-0.96	-0.51	0.37	0.97	-0.46	0.97	0.67	0.56	-0.48	0.36		-0.17	0.27	0.23	0.43	0.5	-0.44	-0.58	0.13	-0.57	0.06	0.63
Short Long Term Debt Total	-0.14	0.53	0.75	-0.2	0.17	0.18	-0.04	-0.13	0.4	-0.13	-0.31	-0.14	-0.17	0.55	-0.17		0.23	-0.26	0.02	-0.21	0.74	0.32	0.5	0.27	0.01	0.06
Property Plant And Equipment Net	0.32	0.26	0.43	0.28	-0.2	-0.68	-0.28	0.26	0.27	0.26	-0.22	0.78	-0.35	0.56	0.27	0.23		0.51	0.9	0.2	-0.06	-0.42	0.4	-0.36	-0.69	0.8
Current Deferred Revenue	0.22	-0.65	-0.15	0.21	-0.12	-0.81	0.03	0.16	-0.4	0.16	0.02	0.75	0.18	0.09	0.23	-0.26	0.51		0.64	0.03	-0.54	-0.8	-0.47	-0.56	-0.51	0.57
Inventory	0.46	0.07	0.27	0.43	-0.29	-0.83	-0.16	0.33	-0.06	0.33	0.1	0.94	-0.45	0.47	0.43	0.02	0.9	0.64		0.33	-0.29	-0.67	0.23	-0.57	-0.64	0.89
Other Current Assets	0.51	0.09	0.05	0.52	-0.46	-0.36	-0.01	0.45	-0.12	0.45	0.32	0.37	-0.25	0.04	0.5	-0.21	0.2	0.03	0.33		-0.07	-0.25	-0.08	-0.25	0.0	0.42
Short Term Debt	-0.39	0.48	0.61	-0.43	0.37	0.55	-0.05	-0.36	0.69	-0.36	-0.4	-0.5	0.03	0.24	-0.44	0.74	-0.06	-0.54	-0.29	-0.07		0.7	0.34	0.75	-0.02	-0.38
Intangible Assets	-0.54	0.5	0.07	-0.54	0.45	0.9	-0.31	-0.47	0.73	-0.47	-0.39	-0.87	0.22	-0.27	-0.58	0.32	-0.42	-0.8	-0.67	-0.25	0.7		0.25	0.86	0.25	-0.71
Non Current Liabilities Total	0.17	0.87	0.6	0.12	-0.15	0.1	-0.14	0.17	0.43	0.17	-0.1	0.07	-0.64	0.61	0.13	0.5	0.4	-0.47	0.23	-0.08	0.34	0.25		0.05	-0.06	0.27
Short Term Investments	-0.53	0.21	0.2	-0.54	0.46	0.72	-0.07	-0.47	0.67	-0.47	-0.4	-0.77	0.27	-0.14	-0.57	0.27	-0.36	-0.56	-0.57	-0.25	0.75	0.86	0.05		0.17	-0.65
Short Long Term Debt	0.0	0.05	-0.06	0.01	-0.09	0.32	0.34	0.06	-0.36	0.06	0.23	-0.54	-0.01	-0.08	0.06	0.01	-0.69	-0.51	-0.64	0.0	-0.02	0.25	-0.06	0.17		-0.32
Common Stock	0.64	0.1	0.35	0.6	-0.5	-0.87	-0.03	0.56	-0.26	0.56	0.16	0.9	-0.49	0.61	0.63	0.06	0.8	0.57	0.89	0.42	-0.38	-0.71	0.27	-0.65	-0.32

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Legend Power Account Relationship Matchups

Legend Power fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.8M	11.8M	6.3M	5.2M	6.0M	4.8M
Other Current Liab	420.1K	414.3K	414.4K	447.7K	403.0K	276.4K
Total Current Liabilities	857.6K	1.2M	783.6K	878.0K	1.0M	712.0K
Total Stockholder Equity	3.4M	10.1M	5.4M	4.0M	4.6M	3.9M
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 Payable	365.8K	634.7K	212.9K	105.0K	120.8K	114.8K
Cash	2.3M	9.3M	3.1M	2.5M	2.9M	2.1M
Non Current Assets Total	202.3K	475.9K	377.0K	560.9K	504.8K	990.5K
Cash And Short Term Investments	2.3M	9.3M	3.1M	2.5M	2.9M	2.1M
Net Receivables	1.1M	624.7K	922.5K	224.3K	258.0K	245.1K
Common Stock Shares Outstanding	101.9M	107.3M	117.6M	119.8M	137.8M	144.7M
Liabilities And Stockholders Equity	4.8M	11.8M	6.3M	5.2M	6.0M	4.8M
Other Stockholder Equity	9.0M	10.5M	11.0M	11.5M	13.2M	16.7M
Total Liab	1.4M	1.7M	953.2K	1.2M	1.4M	908.3K
Total Current Assets	4.6M	11.3M	5.9M	4.7M	5.4M	3.5M
Accumulated Other Comprehensive Income	(120.8K)	(90.4K)	3.5K	(6.7K)	(6.0K)	(5.7K)
Property Plant And Equipment Net	202.3K	458.3K	327.0K	550.3K	632.9K	664.5K
Inventory	1.2M	1.3M	1.6M	1.9M	2.1M	2.2M
Other Current Assets	65.0K	135.1K	329.1K	74.7K	85.9K	123.1K
Non Current Liabilities Total	551.3K	535.8K	169.6K	356.6K	410.1K	287.8K
Common Stock	50.6M	59.6M	59.6M	62.0M	71.3M	49.5M
Other Liab	245.4K	381.3K	343.9K	106.0K	121.9K	237.4K
Net Tangible Assets	7.8M	3.4M	10.1M	5.3M	6.1M	6.0M
Property Plant Equipment	106.8K	202.3K	458.3K	327.0K	376.1K	394.9K
Net Invested Capital	3.6M	10.1M	5.4M	4.0M	3.6M	5.5M
Net Working Capital	3.8M	10.1M	5.1M	3.8M	3.4M	5.5M
Capital Stock	50.6M	59.6M	59.6M	62.0M	71.3M	61.0M

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