Largo Capex To Depreciation vs Price To Sales Ratio Analysis

LGO Stock

CAD 2.25 0.10 4.26%

Largo Resources financial indicator trend analysis is infinitely more than just investigating Largo Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Largo Resources is a good investment. Please check the relationship between Largo Resources Capex To Depreciation and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Largo Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Largo Resources Capex To Depreciation account and Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.

The correlation between Largo Resources' Capex To Depreciation and Price To Sales Ratio is 0.07. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Largo Resources, assuming nothing else is changed. The correlation between historical values of Largo Resources' Capex To Depreciation and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Largo Resources are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Depreciation i.e., Largo Resources' Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Largo Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Largo Resources sales, a figure that is much harder to manipulate than other Largo Resources multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Most indicators from Largo Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Largo Resources 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 Largo Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.At this time, Largo Resources' Selling General Administrative is very stable compared to the past year. As of the 8th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.32, though Tax Provision is likely to grow to (2.6 M).

	2023	2024 (projected)
Non Recurring	4.4M	7.0M
Research Development	9K	8.6K

Non Recurring Research Development

Largo Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Other Assets	Other Current Assets	Property Plant And Equipment Gross	Non Current Liabilities Total	Non Currrent Assets Other	Short Long Term Debt Total	Short Term Debt	Inventory	Common Stock Total Equity	Common Stock
Total Assets		-0.14	0.45	0.64	-0.06	-0.05	0.41	0.57	0.55	0.49	0.53	-0.15	0.36	0.53	0.71	0.77	0.46	-0.2	0.58	0.2	-0.1	0.25	0.4	0.28	0.5	0.48
Other Current Liab	-0.14		0.19	-0.09	0.08	-0.05	-0.06	-0.32	-0.24	-0.15	-0.04	0.77	0.06	0.04	-0.14	-0.13	0.16	0.59	0.18	-0.01	0.04	-0.1	-0.26	0.23	0.01	0.04
Total Current Liabilities	0.45	0.19		0.0	0.07	-0.41	0.28	0.45	0.41	0.39	0.26	0.25	0.56	0.27	0.34	0.31	0.26	-0.15	0.02	0.17	0.38	0.39	0.73	-0.19	0.04	0.02
Total Stockholder Equity	0.64	-0.09	0.0		-0.67	0.54	0.48	0.72	0.78	0.6	0.7	-0.11	-0.41	0.88	0.07	0.16	0.57	-0.03	0.45	-0.47	-0.65	-0.42	-0.08	0.65	0.64	0.65
Net Debt	-0.06	0.08	0.07	-0.67		-0.71	-0.41	-0.72	-0.73	-0.4	-0.46	-0.01	0.82	-0.76	0.59	0.53	-0.24	-0.08	0.27	0.94	0.66	0.87	0.28	-0.39	-0.46	-0.46
Retained Earnings	-0.05	-0.05	-0.41	0.54	-0.71		-0.01	0.3	0.31	0.16	-0.03	0.15	-0.81	0.39	-0.42	-0.37	0.01	0.29	-0.18	-0.76	-0.95	-0.78	-0.41	0.16	0.05	0.06
Accounts Payable	0.41	-0.06	0.28	0.48	-0.41	-0.01		0.56	0.62	0.17	0.56	-0.26	-0.01	0.51	0.12	0.15	0.47	-0.32	0.31	-0.14	-0.06	-0.12	-0.16	0.43	0.46	0.46
Cash	0.57	-0.32	0.45	0.72	-0.72	0.3	0.56		0.98	0.74	0.7	-0.23	-0.25	0.85	-0.04	0.0	0.47	-0.34	0.01	-0.52	-0.32	-0.32	0.35	0.3	0.55	0.54
Cash And Short Term Investments	0.55	-0.24	0.41	0.78	-0.73	0.31	0.62	0.98		0.77	0.78	-0.23	-0.27	0.91	-0.06	-0.01	0.59	-0.34	0.14	-0.52	-0.35	-0.33	0.29	0.44	0.61	0.61
Net Receivables	0.49	-0.15	0.39	0.6	-0.4	0.16	0.17	0.74	0.77		0.75	-0.24	-0.1	0.78	-0.02	0.03	0.58	-0.33	0.23	-0.3	-0.16	-0.09	0.56	0.43	0.53	0.53
Common Stock Shares Outstanding	0.53	-0.04	0.26	0.7	-0.46	-0.03	0.56	0.7	0.78	0.75		-0.33	-0.11	0.84	0.0	0.06	0.74	-0.42	0.47	-0.25	-0.06	-0.15	0.18	0.81	0.88	0.89
Other Stockholder Equity	-0.15	0.77	0.25	-0.11	-0.01	0.15	-0.26	-0.23	-0.23	-0.24	-0.33		-0.03	-0.04	-0.13	-0.15	-0.21	0.8	-0.18	-0.16	-0.16	-0.16	-0.14	-0.23	-0.32	-0.32
Total Liab	0.36	0.06	0.56	-0.41	0.82	-0.81	-0.01	-0.25	-0.27	-0.1	-0.11	-0.03		-0.4	0.79	0.75	0.03	-0.25	0.38	0.91	0.72	0.94	0.56	-0.31	-0.21	-0.22
Total Current Assets	0.53	0.04	0.27	0.88	-0.76	0.39	0.51	0.85	0.91	0.78	0.84	-0.04	-0.4		-0.16	-0.09	0.66	-0.06	0.25	-0.6	-0.44	-0.47	0.1	0.66	0.72	0.73
Property Plant And Equipment Net	0.71	-0.14	0.34	0.07	0.59	-0.42	0.12	-0.04	-0.06	-0.02	0.0	-0.13	0.79	-0.16		0.99	0.1	-0.23	0.62	0.77	0.26	0.76	0.4	-0.12	-0.03	-0.04
Non Current Assets Total	0.77	-0.13	0.31	0.16	0.53	-0.37	0.15	0.0	-0.01	0.03	0.06	-0.15	0.75	-0.09	0.99		0.17	-0.22	0.66	0.73	0.2	0.71	0.37	-0.04	0.05	0.04
Other Assets	0.46	0.16	0.26	0.57	-0.24	0.01	0.47	0.47	0.59	0.58	0.74	-0.21	0.03	0.66	0.1	0.17		-0.26	0.58	-0.07	-0.16	0.0	0.22	0.69	0.61	0.64
Other Current Assets	-0.2	0.59	-0.15	-0.03	-0.08	0.29	-0.32	-0.34	-0.34	-0.33	-0.42	0.8	-0.25	-0.06	-0.23	-0.22	-0.26		-0.22	-0.23	-0.25	-0.35	-0.41	-0.19	-0.31	-0.31
Property Plant And Equipment Gross	0.58	0.18	0.02	0.45	0.27	-0.18	0.31	0.01	0.14	0.23	0.47	-0.18	0.38	0.25	0.62	0.66	0.58	-0.22		0.46	-0.01	0.39	0.01	0.62	0.42	0.45
Non Current Liabilities Total	0.2	-0.01	0.17	-0.47	0.94	-0.76	-0.14	-0.52	-0.52	-0.3	-0.25	-0.16	0.91	-0.6	0.77	0.73	-0.07	-0.23	0.46		0.66	0.93	0.31	-0.25	-0.27	-0.27
Non Currrent Assets Other	-0.1	0.04	0.38	-0.65	0.66	-0.95	-0.06	-0.32	-0.35	-0.16	-0.06	-0.16	0.72	-0.44	0.26	0.2	-0.16	-0.25	-0.01	0.66		0.68	0.38	-0.25	-0.14	-0.16
Short Long Term Debt Total	0.25	-0.1	0.39	-0.42	0.87	-0.78	-0.12	-0.32	-0.33	-0.09	-0.15	-0.16	0.94	-0.47	0.76	0.71	0.0	-0.35	0.39	0.93	0.68		0.58	-0.32	-0.32	-0.32
Short Term Debt	0.4	-0.26	0.73	-0.08	0.28	-0.41	-0.16	0.35	0.29	0.56	0.18	-0.14	0.56	0.1	0.4	0.37	0.22	-0.41	0.01	0.31	0.38	0.58		-0.29	-0.05	-0.07
Inventory	0.28	0.23	-0.19	0.65	-0.39	0.16	0.43	0.3	0.44	0.43	0.81	-0.23	-0.31	0.66	-0.12	-0.04	0.69	-0.19	0.62	-0.25	-0.25	-0.32	-0.29		0.84	0.87
Common Stock Total Equity	0.5	0.01	0.04	0.64	-0.46	0.05	0.46	0.55	0.61	0.53	0.88	-0.32	-0.21	0.72	-0.03	0.05	0.61	-0.31	0.42	-0.27	-0.14	-0.32	-0.05	0.84		1.0
Common Stock	0.48	0.04	0.02	0.65	-0.46	0.06	0.46	0.54	0.61	0.53	0.89	-0.32	-0.22	0.73	-0.04	0.04	0.64	-0.31	0.45	-0.27	-0.16	-0.32	-0.07	0.87	1.0

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Largo Resources Account Relationship Matchups

Largo Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	356.8M	297.8M	313.9M	355.8M	381.6M	201.2M
Other Current Liab	3.2M	8.1M	6.6M	32.7M	37.6M	39.5M
Total Current Liabilities	78.1M	44.3M	41.7M	39.0M	42.5M	38.1M
Total Stockholder Equity	271.4M	247.2M	265.7M	265.4M	248.7M	261.1M
Net Debt	(127.1M)	(54.4M)	(66.2M)	(12.4M)	32.3M	27.4M
Retained Earnings	(49.1M)	(71.9M)	(49.3M)	(48.2M)	(77.6M)	(81.5M)
Accounts Payable	74.9M	12.3M	14.1M	26.6M	30.6M	32.2M
Cash	127.1M	79.1M	83.8M	54.5M	42.7M	30.0M
Cash And Short Term Investments	127.1M	79.1M	83.8M	54.5M	62.6M	65.8M
Net Receivables	6.1M	19.1M	23.7M	21.0M	19.1M	20.0M
Common Stock Shares Outstanding	53.5M	61.4M	65.0M	64.4M	64.1M	67.3M
Liabilities And Stockholders Equity	356.8M	297.8M	313.9M	355.8M	409.1M	429.6M
Other Stockholder Equity	14.9M	21.3M	17.8M	14.1M	16.3M	28.5M
Total Liab	85.4M	50.6M	48.2M	81.2M	125.8M	84.9M
Total Current Assets	156.2M	137.3M	160.0M	154.1M	137.1M	144.0M
Property Plant And Equipment Net	190.1M	149.0M	146.7M	175.2M	212.2M	140.4M
Non Current Assets Total	200.7M	160.5M	153.9M	201.6M	244.5M	147.0M
Other Assets	10.6M	7.2M	3.3M	19.1M	22.0M	23.1M
Other Current Assets	1.7M	3.7M	7.2M	14.5M	16.6M	9.9M
Property Plant And Equipment Gross	190.1M	149.0M	267.0M	322.9M	397.0M	416.8M
Accumulated Other Comprehensive Income	(29.7M)	(108.4M)	(118.8M)	(112.2M)	(100.9M)	(95.9M)
Non Current Liabilities Total	7.3M	6.3M	6.5M	42.2M	83.4M	59.7M
Short Term Debt	0.0	24.8M	15.6M	4.6M	5.3M	5.0M
Inventory	21.2M	35.3M	45.3M	64.2M	61.6M	64.6M
Common Stock Total Equity	318.6M	304.9M	335.3M	406.2M	467.1M	307.7M
Common Stock	335.3M	406.2M	416.0M	411.6M	473.4M	334.5M
Other Liab	7.3M	6.3M	4.6M	4.8M	5.5M	6.3M
Net Tangible Assets	272.1M	242.8M	261.8M	258.1M	296.8M	202.9M
Property Plant Equipment	190.5M	149.0M	146.7M	175.2M	157.7M	190.9M
Net Invested Capital	271.4M	272.0M	280.7M	305.4M	323.7M	326.6M
Net Working Capital	78.1M	93.0M	118.3M	115.2M	94.7M	89.9M
Capital Stock	335.3M	406.2M	416.0M	411.6M	412.3M	419.2M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Largo Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Largo Resources' short interest history, or implied volatility extrapolated from Largo Resources options trading.

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When determining whether Largo Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Largo Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Largo Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Largo Resources Stock:

How To Invest In Largo

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Is Largo Stock a good investment?

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What is Largo Resources' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Largo Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Largo Stock analysis

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

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Please note, there is a significant difference between Largo Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Largo Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Largo Resources' 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.

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Largo Capex To Depreciation vs Price To Sales Ratio Analysis

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Price To Sales Ratio

Largo Resources fundamental ratios Correlations

Largo Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Largo Resources fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Largo Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.98	Cash
Non Current Liabilities Total	+ 0.94	Net Debt
Short Long Term Debt Total	+ 0.94	Total Liab
Short Long Term Debt Total	+ 0.93	Non Current Liabilities Total

Non Currrent Assets Other	- 0.95	Retained Earnings
Total Liab	- 0.81	Retained Earnings
Short Long Term Debt Total	- 0.78	Retained Earnings
Non Current Liabilities Total	- 0.76	Retained Earnings
Total Current Assets	- 0.76	Net Debt
Cash And Short Term Investments	- 0.73	Net Debt