Lite Access Operating Margin vs. Net Income

LTE Stock  CAD 0.1  0.00  0.00%   
Based on Lite Access' profitability indicators, Lite Access Technologies may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Lite Access' ability to earn profits and add value for shareholders.

Lite Access Operating Profit Margin

(0.28)

At this time, Lite Access' Days Sales Outstanding is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.58 in 2024, whereas EV To Sales is likely to drop 1.79 in 2024. At this time, Lite Access' Accumulated Other Comprehensive Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 76.3 K in 2024, whereas Net Loss is likely to drop (1.4 M) in 2024.
For Lite Access profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lite Access to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lite Access Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lite Access's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lite Access Technologies over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Lite Access' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lite Access is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lite Access' 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.

Lite Access Technologies Net Income vs. Operating Margin Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Lite Access's current stock value. Our valuation model uses many indicators to compare Lite Access value to that of its competitors to determine the firm's financial worth.
Lite Access Technologies is currently regarded as number one stock in operating margin category among its peers. It also is currently regarded as number one stock in net income category among its peers . At this time, Lite Access' Operating Profit Margin is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lite Access' earnings, one of the primary drivers of an investment's value.

Lite Net Income vs. Operating Margin

Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

Lite Access

Operating Margin

 = 

Operating Income

Revenue

X

100

 = 
(0.16) %
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Lite Access

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(1.48 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Lite Net Income Comparison

Lite Access is currently under evaluation in net income category among its peers.

Lite Access Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Lite Access, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lite Access will eventually generate negative long term returns. The profitability progress is the general direction of Lite Access' change in net profit over the period of time. It can combine multiple indicators of Lite Access, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income6.8 M7.1 M
Operating Income-1.3 M-1.4 M
Net Loss-1.3 M-1.4 M
Income Tax Expense72.7 K76.3 K
Net Loss-1.3 M-1.4 M
Income Before Tax-1.3 M-1.4 M
Total Other Income Expense Net32.4 K34.1 K
Net Loss-2.6 M-2.7 M
Net Interest Income-65.4 K-62.1 K
Interest Income7.3 K6.9 K
Change To Netincome1.4 M1.6 M
Net Loss(0.02)(0.02)
Income Quality 0.25  0.24 
Net Income Per E B T 1.29  0.85 

Lite Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Lite Access. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Lite Access position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Lite Access' important profitability drivers and their relationship over time.

Use Lite Access in pair-trading

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 Lite Access 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 Lite Access will appreciate offsetting losses from the drop in the long position's value.

Lite Access Pair Trading

Lite Access Technologies Pair Trading Analysis

The ability to find closely correlated positions to Lite Access could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lite Access 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 Lite Access - 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 Lite Access Technologies to buy it.
The correlation of Lite Access 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 Lite Access moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lite Access Technologies 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 Lite Access 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 CorrelationCorrelation Matching

Use Investing Themes to Complement your Lite Access position

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Shipping Containers
Shipping Containers Theme
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Additional Tools for Lite Stock Analysis

When running Lite Access' price analysis, check to measure Lite Access' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lite Access is operating at the current time. Most of Lite Access' value examination focuses on studying past and present price action to predict the probability of Lite Access' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lite Access' price. Additionally, you may evaluate how the addition of Lite Access to your portfolios can decrease your overall portfolio volatility.