Lion Historical Financial Ratios

LEV Stock

CAD 0.35 0.13 27.08%

Lion Electric is lately reporting on over 93 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 128 will help investors to properly organize and evaluate Lion Electric Corp financial condition quickly.

Quick Ratio Current Ratio

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 board of governors.

About Lion Financial Ratios Analysis

Lion Electric CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Lion Electric investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Lion financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Lion Electric history.

Lion Electric Financial Ratios Chart

At this time, Lion Electric's Days Payables Outstanding is very stable compared to the past year. As of the 21st of December 2024, Income Quality is likely to grow to 1.11, while Price To Sales Ratio is likely to drop 1.49.

Price To Sales Ratio Ptb Ratio Days Sales Outstanding Book Value Per Share

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing Lion Electric Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Lion Electric sales, a figure that is much harder to manipulate than other Lion Electric Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

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.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most ratios from Lion Electric's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 board of governors.

	2021	2022	2023	2024 (projected)
Days Sales Outstanding	239.7	164.28	108.91	128.33
PTB Ratio	4.37	0.99	1.11	1.05

Days Sales Outstanding Ptb Ratio

Lion Electric fundamentals Correlations

	Price To Sales Ratio	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Average Inventory	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe
Price To Sales Ratio		0.94	-0.54	-0.51	0.92	0.82	0.66	-0.8	0.94	1.0	0.93	0.29	0.59	0.18	-0.47	0.28	-0.88	-0.83	-0.37	-0.94	0.6	0.86	-0.93	-0.27	0.25	-0.93
Ptb Ratio	0.94		-0.76	-0.7	0.74	0.92	0.49	-0.86	1.0	0.94	0.94	0.18	0.74	0.39	-0.7	0.51	-0.8	-0.9	-0.51	-1.0	0.57	0.8	-0.99	-0.54	0.1	-0.99
Days Sales Outstanding	-0.54	-0.76		0.92	-0.28	-0.89	-0.05	0.63	-0.76	-0.54	-0.76	-0.19	-0.93	-0.69	0.97	-0.91	0.46	0.78	0.58	0.75	-0.49	-0.3	0.72	0.92	-0.05	0.73
Book Value Per Share	-0.51	-0.7	0.92		-0.29	-0.77	-0.13	0.47	-0.7	-0.49	-0.69	-0.11	-0.83	-0.85	0.82	-0.74	0.29	0.64	0.22	0.68	-0.42	-0.31	0.65	0.74	-0.12	0.65
Free Cash Flow Yield	0.92	0.74	-0.28	-0.29		0.65	0.67	-0.64	0.74	0.92	0.83	0.5	0.42	-0.07	-0.22	0.08	-0.86	-0.69	-0.22	-0.75	0.66	0.74	-0.71	-0.04	0.48	-0.72
Operating Cash Flow Per Share	0.82	0.92	-0.89	-0.77	0.65		0.36	-0.77	0.92	0.83	0.95	0.33	0.93	0.44	-0.88	0.75	-0.81	-0.91	-0.68	-0.92	0.61	0.53	-0.88	-0.76	0.15	-0.89
Average Payables	0.66	0.49	-0.05	-0.13	0.67	0.36		-0.16	0.49	0.65	0.46	-0.15	0.16	0.13	-0.04	-0.15	-0.58	-0.2	0.03	-0.5	-0.03	0.48	-0.48	0.18	-0.14	-0.44
Capex To Depreciation	-0.8	-0.86	0.63	0.47	-0.64	-0.77	-0.16		-0.86	-0.81	-0.83	-0.44	-0.56	-0.03	0.54	-0.5	0.73	0.95	0.59	0.86	-0.78	-0.82	0.88	0.5	-0.35	0.91
Pb Ratio	0.94	1.0	-0.76	-0.7	0.74	0.92	0.49	-0.86		0.94	0.94	0.18	0.74	0.39	-0.7	0.51	-0.8	-0.9	-0.51	-1.0	0.57	0.8	-0.99	-0.54	0.1	-0.99
Ev To Sales	1.0	0.94	-0.54	-0.49	0.92	0.83	0.65	-0.81	0.94		0.93	0.3	0.59	0.15	-0.47	0.29	-0.9	-0.84	-0.41	-0.94	0.6	0.85	-0.93	-0.29	0.24	-0.93
Free Cash Flow Per Share	0.93	0.94	-0.76	-0.69	0.83	0.95	0.46	-0.83	0.94	0.93		0.46	0.82	0.3	-0.71	0.59	-0.87	-0.94	-0.54	-0.94	0.74	0.69	-0.91	-0.57	0.35	-0.92
Roic	0.29	0.18	-0.19	-0.11	0.5	0.33	-0.15	-0.44	0.18	0.3	0.46		0.34	-0.37	-0.16	0.35	-0.45	-0.53	-0.3	-0.18	0.88	0.14	-0.13	-0.24	0.91	-0.2
Inventory Turnover	0.59	0.74	-0.93	-0.83	0.42	0.93	0.16	-0.56	0.74	0.59	0.82	0.34		0.56	-0.96	0.88	-0.63	-0.78	-0.67	-0.73	0.52	0.21	-0.67	-0.88	0.12	-0.68
Net Income Per Share	0.18	0.39	-0.69	-0.85	-0.07	0.44	0.13	-0.03	0.39	0.15	0.3	-0.37	0.56		-0.62	0.49	0.09	-0.18	0.06	-0.37	-0.11	0.02	-0.36	-0.52	-0.29	-0.32
Days Of Inventory On Hand	-0.47	-0.7	0.97	0.82	-0.22	-0.88	-0.04	0.54	-0.7	-0.47	-0.71	-0.16	-0.96	-0.62		-0.93	0.5	0.72	0.72	0.68	-0.39	-0.16	0.65	0.96	0.07	0.65
Payables Turnover	0.28	0.51	-0.91	-0.74	0.08	0.75	-0.15	-0.5	0.51	0.29	0.59	0.35	0.88	0.49	-0.93		-0.37	-0.66	-0.69	-0.49	0.49	0.0	-0.46	-0.98	0.12	-0.48
Average Inventory	-0.88	-0.8	0.46	0.29	-0.86	-0.81	-0.58	0.73	-0.8	-0.9	-0.87	-0.45	-0.63	0.09	0.5	-0.37		0.8	0.67	0.81	-0.59	-0.61	0.77	0.36	-0.23	0.78
Capex To Revenue	-0.83	-0.9	0.78	0.64	-0.69	-0.91	-0.2	0.95	-0.9	-0.84	-0.94	-0.53	-0.78	-0.18	0.72	-0.66	0.8		0.65	0.9	-0.83	-0.7	0.89	0.66	-0.39	0.92
Cash Per Share	-0.37	-0.51	0.58	0.22	-0.22	-0.68	0.03	0.59	-0.51	-0.41	-0.54	-0.3	-0.67	0.06	0.72	-0.69	0.67	0.65		0.51	-0.38	-0.14	0.48	0.74	0.09	0.51
Pocfratio	-0.94	-1.0	0.75	0.68	-0.75	-0.92	-0.5	0.86	-1.0	-0.94	-0.94	-0.18	-0.73	-0.37	0.68	-0.49	0.81	0.9	0.51		-0.57	-0.81	1.0	0.52	-0.11	0.99
Interest Coverage	0.6	0.57	-0.49	-0.42	0.66	0.61	-0.03	-0.78	0.57	0.6	0.74	0.88	0.52	-0.11	-0.39	0.49	-0.59	-0.83	-0.38	-0.57		0.53	-0.54	-0.41	0.84	-0.6
Capex To Operating Cash Flow	0.86	0.8	-0.3	-0.31	0.74	0.53	0.48	-0.82	0.8	0.85	0.69	0.14	0.21	0.02	-0.16	0.0	-0.61	-0.7	-0.14	-0.81	0.53		-0.84	-0.02	0.24	-0.85
Pfcf Ratio	-0.93	-0.99	0.72	0.65	-0.71	-0.88	-0.48	0.88	-0.99	-0.93	-0.91	-0.13	-0.67	-0.36	0.65	-0.46	0.77	0.89	0.48	1.0	-0.54	-0.84		0.49	-0.08	1.0
Days Payables Outstanding	-0.27	-0.54	0.92	0.74	-0.04	-0.76	0.18	0.5	-0.54	-0.29	-0.57	-0.24	-0.88	-0.52	0.96	-0.98	0.36	0.66	0.74	0.52	-0.41	-0.02	0.49		0.0	0.51
Income Quality	0.25	0.1	-0.05	-0.12	0.48	0.15	-0.14	-0.35	0.1	0.24	0.35	0.91	0.12	-0.29	0.07	0.12	-0.23	-0.39	0.09	-0.11	0.84	0.24	-0.08	0.0		-0.13
Roe	-0.93	-0.99	0.73	0.65	-0.72	-0.89	-0.44	0.91	-0.99	-0.93	-0.92	-0.2	-0.68	-0.32	0.65	-0.48	0.78	0.92	0.51	0.99	-0.6	-0.85	1.0	0.51	-0.13

Click cells to compare fundamentals

Lion Electric Account Relationship Matchups

High Positive Relationship

Ev To Sales	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Ptb Ratio
Pfcf Ratio	+ 1.0	Pocfratio
Roe	+ 1.0	Pfcf Ratio
Roe	+ 0.99	Pocfratio
Days Of Inventory On Hand	+ 0.97	Days Sales Outstanding

High Negative Relationship

Pocfratio	- 1.0	Pb Ratio
Pocfratio	- 1.0	Ptb Ratio
Roe	- 0.99	Pb Ratio
Pfcf Ratio	- 0.99	Pb Ratio
Roe	- 0.99	Ptb Ratio
Pfcf Ratio	- 0.99	Ptb Ratio

Lion Electric fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	34.75	30.31	27.95	3.09	1.57	1.49
Ptb Ratio	219.56	2.3	4.37	0.99	1.11	1.05
Days Sales Outstanding	87.08	288.37	239.7	164.28	108.91	128.33
Book Value Per Share	0.0442	7.72	2.27	2.26	1.6	1.86
Free Cash Flow Yield	(0.0201)	(0.0655)	(0.12)	(0.76)	(0.66)	(0.63)
Operating Cash Flow Per Share	(0.067)	(0.68)	(0.81)	(0.62)	(0.49)	(0.52)
Stock Based Compensation To Revenue	0.0461	2.79	1.23	0.0884	0.0205	0.0195
Capex To Depreciation	11.6	7.21	12.32	18.09	5.89	7.41
Pb Ratio	219.56	2.3	4.37	0.99	1.11	1.05
Ev To Sales	35.77	33.79	25.06	3.71	2.7	2.56
Free Cash Flow Per Share	(0.19)	(1.16)	(1.21)	(1.7)	(1.17)	(1.23)
Inventory Turnover	1.73	0.53	0.5	0.91	1.04	1.12
Net Income Per Share	(0.0278)	(2.53)	(0.31)	0.6	(0.46)	(0.49)
Payables Turnover	4.72	2.47	2.26	3.3	4.77	3.98
Sales General And Administrative To Revenue	0.0951	2.56	1.36	0.32	0.2	0.19
Capex To Revenue	0.46	0.83	1.12	1.49	0.61	0.6
Pocfratio	(144.83)	(26.24)	(12.31)	(3.62)	(3.61)	(3.79)
Capex To Operating Cash Flow	(1.91)	(0.72)	(0.49)	(1.74)	(1.39)	(1.46)
Pfcf Ratio	(49.85)	(15.27)	(8.24)	(1.32)	(1.51)	(1.58)
Days Payables Outstanding	77.26	147.49	161.44	110.69	76.59	88.02
Income Quality	2.41	0.28	3.02	(6.73)	1.06	1.11
Roe	(0.63)	(0.33)	(0.14)	0.27	(0.29)	(0.3)
Ev To Operating Cash Flow	(149.09)	(29.25)	(11.04)	(4.34)	(6.22)	(6.53)
Pe Ratio	(349.15)	(7.02)	(32.34)	3.72	(3.83)	(4.02)
Ev To Free Cash Flow	(51.31)	(17.02)	(7.39)	(1.58)	(2.6)	(2.73)
Earnings Yield	(0.002864)	(0.14)	(0.0309)	0.27	(0.26)	(0.25)
Net Debt To E B I T D A	(63.22)	(0.9)	5.65	2.65	(4.57)	(4.8)
Current Ratio	0.93	0.71	6.56	3.99	2.45	2.14
Tangible Book Value Per Share	(0.0139)	6.66	1.77	1.48	0.82	1.43
Receivables Turnover	4.19	1.27	1.52	2.22	3.35	3.2
Graham Number	0.17	20.98	3.96	5.54	4.08	4.65
Shareholders Equity Per Share	0.0442	7.72	2.27	2.26	1.6	1.86
Debt To Equity	5.3	0.24	0.0355	0.25	0.63	0.6
Capex Per Share	0.13	0.49	0.4	1.08	0.68	0.37

Pair Trading with Lion Electric

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lion Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lion Electric will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lion Stock

0.82

PNC-B

Postmedia Network Canada

Pair Corr

Moving against Lion Stock

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0.9	Y	Yellow Pages Limited	Pair Corr
0.86	DAY	Dayforce	Pair Corr
0.86	EIT-UN	Canoe EIT Income	Pair Corr
0.85	TCS	TECSYS Inc	Pair Corr

The ability to find closely correlated positions to Lion Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lion Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lion Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lion Electric Corp to buy it.

The correlation of Lion Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lion Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lion Electric Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Lion Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Lion Electric Corp is a strong investment it is important to analyze Lion Electric's 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 Lion Electric's future performance. For an informed investment choice regarding Lion Stock, refer to the following important reports:

How To Invest In Lion

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Is Lion Stock a good investment?

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What is Lion Electric's Net Worth?

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You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Please note, there is a significant difference between Lion Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lion Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lion Electric's 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.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Lion Historical Financial Ratios

About Lion Financial Ratios Analysis

Lion Electric Financial Ratios Chart

Price To Sales Ratio

Ptb Ratio

Book Value Per Share

Lion Electric fundamentals Correlations

Lion Electric Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lion Electric fundamentals Accounts

Pair Trading with Lion Electric

Moving together with Lion Stock

Moving against Lion Stock

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