LiCycle Holdings Financials
| LICY Stock | USD 0.67 0.04 5.63% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Debt Equity Ratio | 1.31 | 0.89 |
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| Current Ratio | 0.81 | 0.86 |
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The financial analysis of LiCycle Holdings is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for LiCycle Holdings includes many different criteria found on its balance sheet. For example, investors should never minimize LiCycle Holdings' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor LiCycle Holdings' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in LiCycle Holdings.
Net Income |
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With this module, you can analyze LiCycle financials for your investing period. You should be able to track the changes in LiCycle Holdings individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
LiCycle | Select Account or Indicator |
Understanding current and past LiCycle Holdings Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of LiCycle Holdings' financial statements are interrelated, with each one affecting the others. For example, an increase in LiCycle Holdings' assets may result in an increase in income on the income statement.
The data published in LiCycle Holdings' official financial statements usually reflect LiCycle Holdings' 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 LiCycle Holdings Corp. For example, before you start analyzing numbers published by LiCycle accountants, it's critical to develop an understanding of what LiCycle Holdings' liquidity, profitability, and earnings quality are in the context of the Commercial Services & Supplies space in which it operates.
Please note, the presentation of LiCycle Holdings' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, LiCycle Holdings' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in LiCycle Holdings' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of LiCycle Holdings Corp. Please utilize our Beneish M Score to check the likelihood of LiCycle Holdings' management manipulating its earnings.
LiCycle Holdings Stock Summary
LiCycle Holdings competes with Casella Waste, Perma Fix, Montrose Environmental, LanzaTech Global, and Republic Services. Li-Cycle Holdings Corp. engages in the lithium-ion battery resource recovery and lithium-ion battery recycling business in North America. It also provides lithium carbonate, cobalt sulphate, nickel sulphate, and manganese carbonate. Li-Cycle Holdings operates under Waste Management classification in the United States and is traded on New York Stock Exchange. It employs 155 people.Specialization | Industrials, Commercial & Professional Services |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | CA50202P1053 |
| CUSIP | 50202P105 G7008A115 |
| Location | Ontario; Canada |
| Business Address | 207 Queens Quay |
| Sector | Commercial Services & Supplies |
| Industry | Industrials |
| Benchmark | NYSE Composite |
| Website | www.li-cycle.com |
| Phone | 877 542 9253 |
| Currency | USD - US Dollar |
You should never invest in LiCycle Holdings without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of LiCycle Stock, because this is throwing your money away. Analyzing the key information contained in LiCycle Holdings' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
LiCycle Holdings Key Financial Ratios
Generally speaking, LiCycle Holdings' financial ratios allow both analysts and investors to convert raw data from LiCycle Holdings' financial statements into concise, actionable information that can be used to evaluate the performance of LiCycle Holdings 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 LiCycle Holdings Corp reports annually and quarterly.| Return On Equity | -0.31 | ||||
| Operating Margin | (6.20) % | ||||
| Price To Sales | 8.38 X |
LiCycle Holdings Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 12.2M | 665.1M | 882.3M | 886M | 1.0B | 539.4M | |
| Net Debt | 5.2M | (466.6M) | (238M) | 217.5M | 250.1M | 262.6M | |
| Accounts Payable | 2.5M | 9.4M | 16.3M | 76.4M | 87.9M | 92.3M | |
| Cash | 663.6K | 596.9M | 578.3M | 70.6M | 81.2M | 77.1M | |
| Net Receivables | 890.2K | 5.0M | 9.3M | 1M | 1.2M | 1.1M | |
| Inventory | 180.0K | 1.2M | 7.5M | 9.6M | 11.0M | 11.6M | |
| Other Current Assets | 964.0K | 8.6M | 85.8M | 9.7M | 11.2M | 10.6M | |
| Total Liab | 10.7M | 231.4M | 388.2M | 509.6M | 586.0M | 615.3M | |
| Total Current Assets | 2.7M | 611.7M | 680.9M | 149M | 171.4M | 318.9M |
LiCycle Holdings Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what LiCycle Holdings' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 529.7K | 3.1M | 17M | 7.6M | 8.7M | 5.2M | |
| Total Revenue | 792.3K | 7.4M | 13.4M | 18.3M | 21.0M | 22.1M | |
| Gross Profit | 214.4K | 4.3M | (3.2M) | (65.6M) | (59.0M) | (56.1M) | |
| Operating Income | (9.1M) | (31.9M) | (111.2M) | (159.8M) | (143.8M) | (136.6M) | |
| Ebit | (9.1M) | (31.9M) | (111.2M) | (159.8M) | (143.8M) | (136.6M) | |
| Research Development | 776.7K | 2.7M | 1.7M | 5.7M | 6.6M | 6.9M | |
| Ebitda | (8.0M) | (181.6M) | (94.1M) | (150.9M) | (135.8M) | (129.0M) | |
| Income Before Tax | (9.3M) | (226.6M) | (53.7M) | (137.9M) | (124.1M) | (117.9M) | |
| Net Income | (9.8M) | (76.9M) | (92.7M) | (138M) | (124.2M) | (118.0M) | |
| Income Tax Expense | 529.7K | (149.7M) | 39.0M | 100K | 90K | 94.5K | |
| Net Interest Income | (495.3K) | (3.0M) | (10.4M) | 5.1M | 5.9M | 6.2M | |
| Interest Income | 34.4K | 82.5K | 7M | 12.7M | 14.6M | 15.3M |
LiCycle Holdings Key Cash Accounts
Cash flow analysis captures how much money flows into and out of LiCycle Holdings Corp. It measures of how well LiCycle is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money LiCycle Holdings brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money LiCycle had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what LiCycle Holdings has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (133.4K) | (1.0M) | (6.2M) | (8.7M) | (7.8M) | (7.4M) | |
| Change In Cash | (3.1M) | 596.2M | (18.6M) | (498M) | (448.2M) | (425.8M) | |
| Net Borrowings | 86.6K | 1.8M | 95.1M | 194M | 223.1M | 234.3M | |
| Free Cash Flow | (12.5M) | (46.1M) | (262.7M) | (434.7M) | (391.2M) | (371.7M) | |
| Depreciation | 1.1M | 2.9M | 10.1M | 8.9M | 10.2M | 10.7M | |
| Other Non Cash Items | (1.8M) | 153.7M | (55.7M) | (1.6M) | (1.4M) | (1.4M) | |
| Capital Expenditures | 5.1M | 18.3M | 190.1M | 334.9M | 385.1M | 404.4M | |
| Net Income | (9.3M) | (226.6M) | (53.7M) | (138M) | (124.2M) | (118.0M) | |
| End Period Cash Flow | 663.6K | 596.9M | 578.3M | 80.3M | 92.3M | 87.7M | |
| Change To Netincome | (516.6K) | (1.6M) | 196.7M | (38.3M) | (44.0M) | (41.8M) | |
| Investments | (5.1M) | (18.3M) | (190.1M) | (334.9M) | (301.4M) | (286.3M) |
LiCycle Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining LiCycle Holdings's current stock value. Our valuation model uses many indicators to compare LiCycle Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across LiCycle Holdings competition to find correlations between indicators driving LiCycle Holdings's intrinsic value. More Info.LiCycle Holdings Corp is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . At this time, LiCycle Holdings' Return On Equity is fairly stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value LiCycle Holdings by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for LiCycle Holdings' 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 LiCycle Holdings' earnings, one of the primary drivers of an investment's value.LiCycle Holdings Corp Systematic Risk
LiCycle Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. LiCycle Holdings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on LiCycle Holdings Corp correlated with the market. If Beta is less than 0 LiCycle Holdings generally moves in the opposite direction as compared to the market. If LiCycle Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one LiCycle Holdings Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of LiCycle Holdings is generally in the same direction as the market. If Beta > 1 LiCycle Holdings moves generally in the same direction as, but more than the movement of the benchmark.
About LiCycle Holdings Financials
What exactly are LiCycle Holdings Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include LiCycle Holdings' income statement, its balance sheet, and the statement of cash flows. Potential LiCycle Holdings investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although LiCycle Holdings investors may use each financial statement separately, they are all related. The changes in LiCycle Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on LiCycle Holdings'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. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze LiCycle Holdings Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as LiCycle Holdings is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of LiCycle has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if LiCycle Holdings' financials are consistent with your investment objective using the following steps:- Review LiCycle Holdings' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand LiCycle Holdings' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare LiCycle Holdings' financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if LiCycle Holdings' stock is overvalued or undervalued.
LiCycle Holdings Thematic Clasifications
LiCycle Holdings Corp is part of several thematic ideas from Management to Recycling. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasToday, most investors in LiCycle Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various LiCycle Holdings' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of LiCycle Holdings growth as a starting point in their analysis.
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LiCycle Holdings April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of LiCycle Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of LiCycle Holdings Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of LiCycle Holdings Corp based on widely used predictive technical indicators. In general, we focus on analyzing LiCycle Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build LiCycle Holdings's daily price indicators and compare them against related drivers.
| Downside Deviation | 9.19 | |||
| Information Ratio | 0.0863 | |||
| Maximum Drawdown | 71.39 | |||
| Value At Risk | (13.73) | |||
| Potential Upside | 22.73 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LiCycle Holdings Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the LiCycle Holdings Corp information on this page should be used as a complementary analysis to other LiCycle Holdings' 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for LiCycle Stock analysis
When running LiCycle Holdings' price analysis, check to measure LiCycle Holdings' 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 LiCycle Holdings is operating at the current time. Most of LiCycle Holdings' value examination focuses on studying past and present price action to predict the probability of LiCycle Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LiCycle Holdings' price. Additionally, you may evaluate how the addition of LiCycle Holdings to your portfolios can decrease your overall portfolio volatility.
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Is LiCycle Holdings' 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 LiCycle Holdings. If investors know LiCycle 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 LiCycle Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Earnings Share (0.78) | Revenue Per Share 0.103 | Quarterly Revenue Growth (0.74) | Return On Assets (0.11) |
The market value of LiCycle Holdings Corp is measured differently than its book value, which is the value of LiCycle that is recorded on the company's balance sheet. Investors also form their own opinion of LiCycle Holdings' value that differs from its market value or its book value, called intrinsic value, which is LiCycle Holdings' 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 LiCycle Holdings' market value can be influenced by many factors that don't directly affect LiCycle Holdings' 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 LiCycle Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if LiCycle Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LiCycle Holdings' 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.