LiCycle Cost Of Revenue vs Research Development Analysis
| LICY Stock | USD 0.68 0.02 3.03% |
LiCycle Holdings financial indicator trend analysis is infinitely more than just investigating LiCycle Holdings Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LiCycle Holdings Corp is a good investment. Please check the relationship between LiCycle Holdings Cost Of Revenue and its Research Development accounts. 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.
Cost Of Revenue vs Research Development
Cost Of Revenue vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LiCycle Holdings Corp Cost Of Revenue account and Research Development. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LiCycle Holdings' Cost Of Revenue and Research Development is 0.97. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Research Development in the same time period over historical financial statements of LiCycle Holdings Corp, assuming nothing else is changed. The correlation between historical values of LiCycle Holdings' Cost Of Revenue and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of LiCycle Holdings Corp are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Cost Of Revenue i.e., LiCycle Holdings' Cost Of Revenue and Research Development go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on LiCycle Holdings Corp income statement and represents the costs associated with goods and services LiCycle Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Research Development
Most indicators from LiCycle Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LiCycle Holdings 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 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. At this time, LiCycle Holdings' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 120.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 10.1M | 8.9M | 10.2M | 10.7M | Cost Of Revenue | 16.6M | 83.9M | 96.5M | 101.3M |
LiCycle Holdings fundamental ratios Correlations
Click cells to compare fundamentals
LiCycle Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LiCycle Holdings fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 12.2M | 665.1M | 882.3M | 886M | 1.0B | 539.4M | |
| Total Current Liabilities | 6.6M | 21.6M | 52.7M | 156.7M | 180.2M | 189.2M | |
| Total Stockholder Equity | 1.4M | 433.7M | 493.9M | 376.4M | 432.9M | 287.9M | |
| Property Plant And Equipment Net | 9.5M | 53.4M | 197.8M | 727.2M | 836.3M | 878.1M | |
| 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 | |
| Non Current Assets Total | 9.5M | 53.4M | 201.4M | 737M | 847.6M | 889.9M | |
| Net Receivables | 890.2K | 5.0M | 9.3M | 1M | 1.2M | 1.1M | |
| Non Current Liabilities Total | 4.1M | 209.8M | 335.5M | 352.9M | 405.8M | 426.1M | |
| 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 |
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Try AI Portfolio ArchitectCheck 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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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.