LiCycle Net Debt vs Net Working Capital Analysis
| LICY Stock | USD 0.70 0.02 2.94% |
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 Net Debt and its Net Working Capital 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.
Net Debt vs Net Working Capital
Net Debt vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LiCycle Holdings Corp Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between LiCycle Holdings' Net Debt and Net Working Capital is -0.79. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital 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' Net Debt and Net Working Capital 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 LiCycle Holdings Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., LiCycle Holdings' Net Debt and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.79 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
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.Net Working Capital
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 |
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 LiCycle Holdings 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, LiCycle Holdings' short interest history, or implied volatility extrapolated from LiCycle Holdings options trading.
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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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.