Loop Other Current Assets from 2010 to 2024

LOOP Stock  USD 2.75  0.07  2.61%   
Loop Industries Other Current Assets yearly trend continues to be relatively stable with very little volatility. Other Current Assets are likely to drop to about 765.5 K. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2011-08-31
Previous Quarter
10.8 M
Current Value
9.9 M
Quarterly Volatility
3.4 M
 
Yuan Drop
 
Covid
Check Loop Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Loop main balance sheet or income statement drivers, such as Depreciation And Amortization of 466 K, Interest Expense of 2.3 M or Selling General Administrative of 7 M, as well as many exotic indicators such as Price To Sales Ratio of 142, Dividend Yield of 0.0 or Days Sales Outstanding of 104. Loop financial statements analysis is a perfect complement when working with Loop Industries Valuation or Volatility modules.
  
This module can also supplement Loop Industries' financial leverage analysis and stock options assessment as well as various Loop Industries Technical models . Check out the analysis of Loop Industries Correlation against competitors.
To learn how to invest in Loop Stock, please use our How to Invest in Loop Industries guide.

Latest Loop Industries' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Loop Industries over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Loop Industries' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Loop Industries' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Loop Other Current Assets Regression Statistics

Arithmetic Mean1,400,291
Geometric Mean90,388
Coefficient Of Variation150.70
Mean Deviation1,547,636
Median765,482
Standard Deviation2,110,289
Sample Variance4.5T
Range6.4M
R-Value0.59
Mean Square Error3.1T
R-Squared0.35
Significance0.02
Slope278,693
Total Sum of Squares62.3T

Loop Other Current Assets History

2024765.5 K
2023805.8 K
20226.1 M
20216.4 M
20192.4 M
2018825.5 K
2017876.2 K

About Loop Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Loop Industries income statement, its balance sheet, and the statement of cash flows. Loop Industries investors use historical funamental indicators, such as Loop Industries's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Loop Industries investors may use each financial statement separately, they are all related. The changes in Loop Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Loop Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Loop Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Loop Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets805.8 K765.5 K

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When determining whether Loop Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Loop Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Loop Industries Stock. Highlighted below are key reports to facilitate an investment decision about Loop Industries Stock:
Check out the analysis of Loop Industries Correlation against competitors.
To learn how to invest in Loop Stock, please use our How to Invest in Loop Industries guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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Is Loop Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Loop Industries. If investors know Loop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Loop Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.23)
Revenue Per Share
0.003
Quarterly Revenue Growth
0.04
Return On Assets
(0.41)
Return On Equity
(0.45)
The market value of Loop Industries is measured differently than its book value, which is the value of Loop that is recorded on the company's balance sheet. Investors also form their own opinion of Loop Industries' value that differs from its market value or its book value, called intrinsic value, which is Loop Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Loop Industries' market value can be influenced by many factors that don't directly affect Loop Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Loop Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Loop Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loop Industries' 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.