LiqTech Non Recurring vs Gross Profit Analysis

LIQT Stock  USD 2.63  0.01  0.38%   
LiqTech International financial indicator trend analysis is infinitely more than just investigating LiqTech International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LiqTech International is a good investment. Please check the relationship between LiqTech International Non Recurring and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LiqTech International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy LiqTech Stock please use our How to Invest in LiqTech International guide.

Non Recurring vs Gross Profit

Non Recurring vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LiqTech International Non Recurring account and Gross Profit. At this time, the significance of the direction appears to have no relationship.
The correlation between LiqTech International's Non Recurring and Gross Profit is 0.04. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Gross Profit in the same time period over historical financial statements of LiqTech International, assuming nothing else is changed. The correlation between historical values of LiqTech International's Non Recurring and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of LiqTech International are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Non Recurring i.e., LiqTech International's Non Recurring and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Recurring

Gross Profit

Gross profit is a required income statement account that reflects total revenue of LiqTech International minus its cost of goods sold. It is profit before LiqTech International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from LiqTech International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LiqTech International 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 LiqTech International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy LiqTech Stock please use our How to Invest in LiqTech International guide.Enterprise Value is likely to gain to about 40.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.6M567.1K2.8M2.0M
Total Revenue18.3M16.0M18.0M19.0M

LiqTech International fundamental ratios Correlations

0.820.740.80.890.32-0.550.40.720.910.72-0.160.540.670.820.670.96-0.10.680.370.580.440.660.490.730.65
0.820.80.460.860.52-0.710.260.590.620.59-0.050.580.730.870.620.88-0.080.710.510.510.470.780.340.750.72
0.740.80.260.790.72-0.420.380.540.590.54-0.130.330.430.920.560.77-0.140.790.380.520.850.60.420.70.53
0.80.460.260.53-0.16-0.250.490.410.840.410.010.340.460.320.320.70.080.170.280.53-0.090.360.440.30.58
0.890.860.790.530.56-0.590.20.690.750.69-0.380.560.630.910.760.9-0.340.810.370.450.580.680.40.830.5
0.320.520.72-0.160.56-0.250.040.090.30.09-0.370.190.180.660.420.3-0.50.70.00.030.790.320.210.560.14
-0.55-0.71-0.42-0.25-0.59-0.250.02-0.67-0.34-0.67-0.06-0.95-0.97-0.64-0.84-0.650.13-0.7-0.28-0.35-0.21-0.76-0.15-0.84-0.52
0.40.260.380.490.20.040.02-0.080.37-0.080.210.070.120.160.020.380.12-0.070.190.620.010.170.72-0.030.51
0.720.590.540.410.690.09-0.67-0.080.541.0-0.140.60.680.760.760.78-0.010.750.250.350.460.620.110.780.33
0.910.620.590.840.750.3-0.340.370.540.54-0.170.380.490.640.540.76-0.160.540.140.480.380.390.370.570.59
0.720.590.540.410.690.09-0.67-0.081.00.54-0.140.60.680.760.760.78-0.010.750.250.350.460.620.110.780.33
-0.16-0.05-0.130.01-0.38-0.37-0.060.21-0.14-0.17-0.140.010.09-0.27-0.26-0.140.82-0.340.10.46-0.270.08-0.31-0.30.38
0.540.580.330.340.560.19-0.950.070.60.380.60.010.950.540.890.6-0.250.650.180.360.120.70.250.820.46
0.670.730.430.460.630.18-0.970.120.680.490.680.090.950.630.840.73-0.10.660.310.450.150.770.250.830.62
0.820.870.920.320.910.66-0.640.160.760.640.76-0.270.540.630.760.86-0.240.920.330.410.790.710.350.880.48
0.670.620.560.320.760.42-0.840.020.760.540.76-0.260.890.840.760.69-0.430.880.150.360.480.640.250.960.39
0.960.880.770.70.90.3-0.650.380.780.760.78-0.140.60.730.860.69-0.050.70.50.580.440.790.520.770.63
-0.1-0.08-0.140.08-0.34-0.50.130.12-0.01-0.16-0.010.82-0.25-0.1-0.24-0.43-0.05-0.40.10.37-0.240.01-0.32-0.40.17
0.680.710.790.170.810.7-0.7-0.070.750.540.75-0.340.650.660.920.880.7-0.40.160.240.80.660.210.960.31
0.370.510.380.280.370.0-0.280.190.250.140.250.10.180.310.330.150.50.10.160.410.040.440.230.230.49
0.580.510.520.530.450.03-0.350.620.350.480.350.460.360.450.410.360.580.370.240.410.190.350.160.290.77
0.440.470.85-0.090.580.79-0.210.010.460.380.46-0.270.120.150.790.480.44-0.240.80.040.190.330.130.610.12
0.660.780.60.360.680.32-0.760.170.620.390.620.080.70.770.710.640.790.010.660.440.350.330.410.740.46
0.490.340.420.440.40.21-0.150.720.110.370.11-0.310.250.250.350.250.52-0.320.210.230.160.130.410.270.16
0.730.750.70.30.830.56-0.84-0.030.780.570.78-0.30.820.830.880.960.77-0.40.960.230.290.610.740.270.41
0.650.720.530.580.50.14-0.520.510.330.590.330.380.460.620.480.390.630.170.310.490.770.120.460.160.41
Click cells to compare fundamentals

LiqTech International Account Relationship Matchups

LiqTech International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.6M42.2M45.1M40.1M36.0M24.4M
Other Current Liab3.5M4.9M4.7M3.1M3.6M2.2M
Total Current Liabilities10.3M9.8M16.9M6.1M7.5M6.3M
Total Stockholder Equity23.0M24.8M12.8M23.3M17.3M14.4M
Property Plant And Equipment Net9.9M15.3M15.8M11.6M13.1M6.8M
Net Debt(1.7M)6.0M9.1M(5.1M)1.8M1.9M
Retained Earnings(32.2M)(42.1M)(53.2M)(67.4M)(75.9M)(72.1M)
Accounts Payable4.3M2.3M1.6M1.4M2.4M2.1M
Cash7.1M2.7M15.4M16.6M10.4M5.3M
Non Current Assets Total11.1M16.6M17.0M12.5M13.9M9.1M
Cash And Short Term Investments7.1M2.7M15.4M16.6M10.4M5.3M
Common Stock Total Equity44.4K72.9K20.6K21.7K24.9K32.7K
Common Stock Shares Outstanding2.5M2.7M2.7M4.4M5.7M6.0M
Liabilities And Stockholders Equity38.6M42.2M45.1M40.1M36.0M24.4M
Other Stockholder Equity61.4M69.9M70.9M96.9M98.8M103.7M
Total Liab15.6M17.4M32.3M16.8M18.7M10.0M
Property Plant And Equipment Gross9.9M10.3M23.3M20.6M24.9M26.1M
Total Current Assets27.5M25.7M28.1M27.7M22.1M15.3M
Accumulated Other Comprehensive Income(6.2M)(3.0M)(5.0M)(6.3M)(5.6M)(5.3M)
Common Stock20.5K21.7K21.3K44.0K5.7K5.4K
Short Long Term Debt Total5.3M8.7M24.5M11.5M12.2M12.8M
Current Deferred Revenue1.4M1.2M914.8K649.6K382.6K654.5K
Non Currrent Assets Other498.1K545.7K628.1K450.0K470.3K493.9K
Short Term Debt1.0M1.4M9.6M960.4K1.1M1.5M
Net Receivables12.2M5.8M3.9M4.6M6.1M5.2M
Non Current Liabilities Total5.3M7.6M15.4M10.7M11.2M11.8M
Inventory5.2M5.5M5.4M4.1M5.3M4.9M
Other Current Assets3.0M11.6M3.4M1.7M337.4K320.5K
Intangible Assets488.7K480.1K334.7K212.9K114.6K144.2K
Net Tangible Assets23.0M24.0M12.2M22.9M26.3M16.6M
Other Assets498.1K4.0M628.1K450.0K1.00.95
Retained Earnings Total Equity(28.5M)(32.3M)(32.2M)(42.1M)(37.8M)(36.0M)
Capital Surpluse40.5M46.5M61.4M69.9M80.4M84.4M
Capital Lease Obligations5.3M8.7M9.9M6.1M7.5M4.0M

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When determining whether LiqTech International 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 LiqTech 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 Liqtech International Stock. Highlighted below are key reports to facilitate an investment decision about Liqtech International Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LiqTech International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy LiqTech Stock please use our How to Invest in LiqTech International guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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Is LiqTech International's 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 LiqTech International. If investors know LiqTech 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 LiqTech International 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
4.592
Earnings Share
(1.51)
Revenue Per Share
3.165
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.13)
The market value of LiqTech International is measured differently than its book value, which is the value of LiqTech that is recorded on the company's balance sheet. Investors also form their own opinion of LiqTech International's value that differs from its market value or its book value, called intrinsic value, which is LiqTech International's 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 LiqTech International's market value can be influenced by many factors that don't directly affect LiqTech International's 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 LiqTech International's value and its price as these two are different measures arrived at by different means. Investors typically determine if LiqTech International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LiqTech International's 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.