Libbey Inc Financials

Based on the key measurements obtained from Libbey's financial statements, Libbey Inc is not in a good financial situation at the moment. It has a very high risk of going through financial straits in May.
With this module, you can analyze Libbey financials for your investing period. You should be able to track the changes in Libbey individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Libbey Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Libbey's financial statements are interrelated, with each one affecting the others. For example, an increase in Libbey's assets may result in an increase in income on the income statement.
The data published in Libbey's official financial statements usually reflect Libbey's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Libbey Inc. For example, before you start analyzing numbers published by Libbey accountants, it's critical to develop an understanding of what Libbey's liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of Libbey's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Libbey's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Libbey's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Libbey Inc. Please utilize our Beneish M Score to check the likelihood of Libbey's management manipulating its earnings.

Libbey Stock Summary

Libbey competes with Worthington Steel, BorgWarner, Visteon Corp, Shagrir Group, and Magna International. Libbey Inc. designs, produces, and sells tableware and other products in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. On June 1, 2020, Libbey Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Libbey operates under Furnishings, Fixtures Appliances classification in the United States and is traded on American Stock Exchange. It employs 5872 people.
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS5298981086
Business Address300 Madison Avenue,
SectorConsumer Cyclical
IndustryFurnishings, Fixtures & Appliances
BenchmarkNYSE Composite
Websitewww.libbey.com
Phone419 727 2473
CurrencyUSD - US Dollar
You should never invest in Libbey without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Libbey Stock, because this is throwing your money away. Analyzing the key information contained in Libbey's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Libbey Key Financial Ratios

Generally speaking, Libbey's financial ratios allow both analysts and investors to convert raw data from Libbey's financial statements into concise, actionable information that can be used to evaluate the performance of Libbey over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Libbey Inc reports annually and quarterly.

Libbey Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Libbey's current stock value. Our valuation model uses many indicators to compare Libbey value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Libbey competition to find correlations between indicators driving Libbey's intrinsic value. More Info.
Libbey Inc is currently regarded as number one stock in return on equity category among related companies. It is currently regarded as number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Libbey by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Libbey's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Libbey's earnings, one of the primary drivers of an investment's value.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Libbey Inc information on this page should be used as a complementary analysis to other Libbey's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Other Consideration for investing in Libbey Stock

If you are still planning to invest in Libbey Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Libbey's history and understand the potential risks before investing.
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