Lion Net Debt vs Retained Earnings Analysis

LEV Stock

USD 1.10 0.07 5.98%

Lion Electric financial indicator trend analysis is infinitely more than just investigating Lion Electric Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lion Electric Corp is a good investment. Please check the relationship between Lion Electric Net Debt and its Retained Earnings accounts. 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 income.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lion Electric Corp Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Lion Electric's Net Debt and Retained Earnings is -0.56. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Lion Electric Corp, assuming nothing else is changed. The correlation between historical values of Lion Electric's Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Lion Electric Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Lion Electric's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Lion Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 income.

Enterprise Value is likely to climb to about 999.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 44.6 M in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	5.3M	11.5M	21.4M	22.5M
Total Operating Expenses	106.1M	67.8M	64.5M	71.1M

Reconciled Depreciation Total Operating Expenses

Lion Electric fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total
Other Current Liab		0.71	-0.35	0.69	-0.7	0.37	-0.32	0.42	0.58	0.48	0.53	0.52	0.21	0.58	0.37	0.55	0.14	0.61	0.38	0.17	-0.81	0.58	0.23	0.78	0.48	0.55
Total Current Liabilities	0.71		0.09	0.95	-0.98	0.77	-0.14	0.85	0.98	0.82	0.96	0.79	0.76	0.97	0.86	0.97	0.73	0.98	0.7	0.79	-0.22	0.95	0.35	0.83	0.83	0.96
Other Liab	-0.35	0.09		0.18	-0.21	0.16	0.92	0.27	0.21	0.38	0.2	0.43	0.56	0.12	0.43	0.1	0.6	0.09	-0.31	0.4	0.59	-0.03	0.69	-0.08	0.15	0.09
Net Tangible Assets	0.69	0.95	0.18		-0.98	0.86	-0.01	0.9	0.96	0.93	0.95	0.92	0.84	0.96	0.91	0.88	0.81	0.95	0.49	0.77	-0.3	0.85	0.57	0.9	0.89	0.94
Retained Earnings	-0.7	-0.98	-0.21	-0.98		-0.8	-0.01	-0.89	-0.97	-0.9	-0.95	-0.89	-0.83	-0.95	-0.91	-0.92	-0.79	-0.96	-0.56	-0.79	0.24	-0.89	-0.52	-0.87	-0.87	-0.93
Accounts Payable	0.37	0.77	0.16	0.86	-0.8		-0.09	0.95	0.83	0.92	0.89	0.85	0.88	0.89	0.91	0.76	0.85	0.86	0.44	0.86	-0.11	0.74	0.47	0.84	0.96	0.88
Other Assets	-0.32	-0.14	0.92	-0.01	-0.01	-0.09		0.01	-0.06	0.19	-0.08	0.29	0.29	-0.15	0.17	-0.21	0.32	-0.18	-0.61	0.06	0.38	-0.33	0.72	-0.19	-0.09	-0.2
Net Receivables	0.42	0.85	0.27	0.9	-0.89	0.95	0.01		0.9	0.96	0.93	0.91	0.94	0.92	0.98	0.84	0.89	0.9	0.51	0.93	-0.04	0.81	0.5	0.86	0.99	0.91
Inventory	0.58	0.98	0.21	0.96	-0.97	0.83	-0.06	0.9		0.87	0.99	0.83	0.86	0.99	0.92	0.97	0.84	0.99	0.68	0.88	-0.08	0.95	0.41	0.8	0.87	0.98
Other Stockholder Equity	0.48	0.82	0.38	0.93	-0.9	0.92	0.19	0.96	0.87		0.88	0.99	0.93	0.88	0.97	0.75	0.89	0.85	0.29	0.83	-0.15	0.7	0.71	0.88	0.94	0.85
Deferred Long Term Liab	0.53	0.96	0.2	0.95	-0.95	0.89	-0.08	0.93	0.99	0.88		0.84	0.88	1.0	0.94	0.96	0.87	0.99	0.67	0.9	-0.06	0.94	0.41	0.81	0.9	0.99
Total Current Assets	0.52	0.79	0.43	0.92	-0.89	0.85	0.29	0.91	0.83	0.99	0.84		0.9	0.83	0.93	0.7	0.86	0.8	0.19	0.76	-0.21	0.63	0.8	0.86	0.89	0.79
Common Stock	0.21	0.76	0.56	0.84	-0.83	0.88	0.29	0.94	0.86	0.93	0.88	0.9		0.85	0.98	0.77	0.99	0.82	0.36	0.95	0.2	0.7	0.64	0.68	0.88	0.83
Property Plant Equipment	0.58	0.97	0.12	0.96	-0.95	0.89	-0.15	0.92	0.99	0.88	1.0	0.83	0.85		0.92	0.96	0.83	1.0	0.68	0.87	-0.14	0.94	0.38	0.84	0.9	1.0
Total Assets	0.37	0.86	0.43	0.91	-0.91	0.91	0.17	0.98	0.92	0.97	0.94	0.93	0.98	0.92		0.85	0.95	0.9	0.45	0.94	0.05	0.79	0.6	0.79	0.94	0.9
Short Long Term Debt Total	0.55	0.97	0.1	0.88	-0.92	0.76	-0.21	0.84	0.97	0.75	0.96	0.7	0.77	0.96	0.85		0.76	0.97	0.82	0.86	-0.02	0.99	0.2	0.72	0.81	0.97
Total Stockholder Equity	0.14	0.73	0.6	0.81	-0.79	0.85	0.32	0.89	0.84	0.89	0.87	0.86	0.99	0.83	0.95	0.76		0.8	0.34	0.93	0.27	0.68	0.63	0.6	0.82	0.82
Property Plant And Equipment Net	0.61	0.98	0.09	0.95	-0.96	0.86	-0.18	0.9	0.99	0.85	0.99	0.8	0.82	1.0	0.9	0.97	0.8		0.72	0.86	-0.15	0.96	0.34	0.83	0.88	1.0
Net Debt	0.38	0.7	-0.31	0.49	-0.56	0.44	-0.61	0.51	0.68	0.29	0.67	0.19	0.36	0.68	0.45	0.82	0.34	0.72		0.61	0.06	0.87	-0.39	0.4	0.5	0.73
Non Current Assets Total	0.17	0.79	0.4	0.77	-0.79	0.86	0.06	0.93	0.88	0.83	0.9	0.76	0.95	0.87	0.94	0.86	0.93	0.86	0.61		0.3	0.82	0.35	0.62	0.88	0.88
Non Currrent Assets Other	-0.81	-0.22	0.59	-0.3	0.24	-0.11	0.38	-0.04	-0.08	-0.15	-0.06	-0.21	0.2	-0.14	0.05	-0.02	0.27	-0.15	0.06	0.3		-0.08	-0.13	-0.55	-0.15	-0.1
Long Term Debt	0.58	0.95	-0.03	0.85	-0.89	0.74	-0.33	0.81	0.95	0.7	0.94	0.63	0.7	0.94	0.79	0.99	0.68	0.96	0.87	0.82	-0.08		0.1	0.72	0.79	0.96
Cash And Short Term Investments	0.23	0.35	0.69	0.57	-0.52	0.47	0.72	0.5	0.41	0.71	0.41	0.8	0.64	0.38	0.6	0.2	0.63	0.34	-0.39	0.35	-0.13	0.1		0.48	0.45	0.31
Common Stock Shares Outstanding	0.78	0.83	-0.08	0.9	-0.87	0.84	-0.19	0.86	0.8	0.88	0.81	0.86	0.68	0.84	0.79	0.72	0.6	0.83	0.4	0.62	-0.55	0.72	0.48		0.9	0.81
Short Term Investments	0.48	0.83	0.15	0.89	-0.87	0.96	-0.09	0.99	0.87	0.94	0.9	0.89	0.88	0.9	0.94	0.81	0.82	0.88	0.5	0.88	-0.15	0.79	0.45	0.9		0.89
Long Term Debt Total	0.55	0.96	0.09	0.94	-0.93	0.88	-0.2	0.91	0.98	0.85	0.99	0.79	0.83	1.0	0.9	0.97	0.82	1.0	0.73	0.88	-0.1	0.96	0.31	0.81	0.89

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Lion Electric Account Relationship Matchups

Lion Electric fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	3.7M	(64.5M)	14.4M	(635.0K)	38.1M	40.0M
Total Current Liabilities	31.4M	1.1M	61.2M	81.1M	145.7M	153.0M
Other Liab	21.5M	92.5M	106.2M	23.2M	26.7M	25.4M
Net Tangible Assets	(1.5M)	(102.7M)	360.1M	424.3M	487.9M	512.3M
Retained Earnings	(29.1M)	(1.5M)	(169.8M)	(152.0M)	(255.7M)	(243.0M)
Accounts Payable	4.4M	8.2M	25.5M	75.9M	54.4M	31.4M
Other Assets	20.7M	49.3M	87.4M	1.1M	1.2M	1.2M
Net Receivables	7.4M	18.5M	37.9M	63.0M	75.6M	38.4M
Inventory	12.0M	38.1M	116.0M	167.2M	249.6M	262.1M
Other Stockholder Equity	1.0	6.5M	122.6M	134.4M	139.6M	74.1M
Deferred Long Term Liab	20.7M	35.0M	73.3M	138.5M	159.3M	167.3M
Total Current Assets	29.2M	770.1K	401.0M	323.5M	356.7M	206.7M
Common Stock	32.6M	303.1M	418.7M	476.0M	489.4M	320.1M
Property Plant Equipment	9.6M	12.9M	93.6M	221.3M	254.5M	267.2M

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 against Lion Stock

0.46

GENC

Gencor Industries

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

Additional Tools for Lion Stock Analysis

When running Lion Electric's price analysis, check to measure Lion Electric's 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 Lion Electric is operating at the current time. Most of Lion Electric's value examination focuses on studying past and present price action to predict the probability of Lion Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lion Electric's price. Additionally, you may evaluate how the addition of Lion Electric to your portfolios can decrease your overall portfolio volatility.

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