Legend Total Assets vs Total Liab 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 Total Assets and its Total Liab 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.

Total Assets vs Total Liab

Total Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legend Power Systems Total Assets account and Total Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Legend Power's Total Assets and Total Liab is 0.37. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab 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 Total Assets and Total Liab 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 Legend Power Systems are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., Legend Power's Total Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Legend Power 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 Legend Power Systems 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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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
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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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