Loop Net Income vs Total Assets Analysis

LOOP Stock  USD 2.75  0.05  1.79%   
Loop Industries financial indicator trend analysis is infinitely more than just investigating Loop Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Loop Industries is a good investment. Please check the relationship between Loop Industries Net Income and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loop Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Loop Stock, please use our How to Invest in Loop Industries guide.

Net Income vs Total Assets

Net Income vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Loop Industries Net Income account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Loop Industries' Net Income and Total Assets is -0.88. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Assets in the same time period over historical financial statements of Loop Industries, assuming nothing else is changed. The correlation between historical values of Loop Industries' Net Income and Total Assets 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 Income of Loop Industries are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Income i.e., Loop Industries' Net Income and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Loop Industries financial statement analysis. It represents the amount of money remaining after all of Loop Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Assets

Total assets refers to the total amount of Loop Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Loop Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Loop Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Loop Industries 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 Loop Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Loop Stock, please use our How to Invest in Loop Industries guide.As of 03/28/2024, Selling General Administrative is likely to drop to about 7 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 26.8 M

Loop Industries fundamental ratios Correlations

0.870.740.99-0.99-0.880.791.01.00.920.890.750.910.831.00.070.99-0.35-0.890.930.9-0.390.520.760.550.72
0.870.770.84-0.88-0.780.850.860.860.790.80.760.820.830.880.050.84-0.22-0.780.810.88-0.390.580.680.380.63
0.740.770.64-0.68-0.730.940.730.730.70.640.630.730.980.740.010.64-0.03-0.730.730.9-0.590.440.670.770.6
0.990.840.64-0.99-0.850.720.990.990.90.870.720.880.750.990.081.0-0.4-0.850.90.84-0.350.50.730.460.7
-0.99-0.88-0.68-0.990.85-0.78-0.99-0.99-0.9-0.84-0.72-0.88-0.77-0.99-0.09-0.990.440.85-0.9-0.890.42-0.55-0.69-0.42-0.65
-0.88-0.78-0.73-0.850.85-0.68-0.86-0.86-0.99-0.94-0.95-0.99-0.83-0.9-0.07-0.840.281.0-0.99-0.870.13-0.79-0.58-0.59-0.49
0.790.850.940.72-0.78-0.680.790.790.690.620.550.720.930.790.010.72-0.12-0.690.730.93-0.730.420.70.590.64
1.00.860.730.99-0.99-0.860.791.00.910.860.720.890.811.00.080.99-0.4-0.870.910.9-0.430.520.730.510.69
1.00.860.730.99-0.99-0.860.791.00.910.860.720.890.811.00.080.99-0.4-0.870.910.9-0.430.520.730.510.69
0.920.790.70.9-0.9-0.990.690.910.910.930.920.990.810.930.110.89-0.38-0.990.990.87-0.160.770.580.550.52
0.890.80.640.87-0.84-0.940.620.860.860.930.910.960.770.890.040.87-0.17-0.940.950.77-0.040.640.740.570.66
0.750.760.630.72-0.72-0.950.550.720.720.920.910.930.750.780.080.71-0.25-0.950.90.750.10.860.450.480.37
0.910.820.730.88-0.88-0.990.720.890.890.990.960.930.840.920.070.87-0.3-0.991.00.89-0.180.770.630.560.55
0.830.830.980.75-0.77-0.830.930.810.810.810.770.750.840.830.020.75-0.09-0.830.840.93-0.490.530.730.780.67
1.00.880.740.99-0.99-0.90.791.01.00.930.890.780.920.830.080.99-0.4-0.90.940.91-0.370.580.720.520.68
0.070.050.010.08-0.09-0.070.010.080.080.110.040.080.070.020.080.08-0.22-0.080.070.040.050.12-0.05-0.01-0.02
0.990.840.641.0-0.99-0.840.720.990.990.890.870.710.870.750.990.08-0.4-0.850.90.84-0.340.490.730.460.7
-0.35-0.22-0.03-0.40.440.28-0.12-0.4-0.4-0.38-0.17-0.25-0.3-0.09-0.4-0.22-0.40.3-0.32-0.250.0-0.450.140.120.0
-0.89-0.78-0.73-0.850.851.0-0.69-0.87-0.87-0.99-0.94-0.95-0.99-0.83-0.9-0.08-0.850.3-0.99-0.870.14-0.79-0.58-0.59-0.5
0.930.810.730.9-0.9-0.990.730.910.910.990.950.91.00.840.940.070.9-0.32-0.990.89-0.220.740.650.580.58
0.90.880.90.84-0.89-0.870.930.90.90.870.770.750.890.930.910.040.84-0.25-0.870.89-0.570.640.630.550.54
-0.39-0.39-0.59-0.350.420.13-0.73-0.43-0.43-0.16-0.040.1-0.18-0.49-0.370.05-0.340.00.14-0.22-0.570.08-0.4-0.24-0.35
0.520.580.440.5-0.55-0.790.420.520.520.770.640.860.770.530.580.120.49-0.45-0.790.740.640.080.030.13-0.04
0.760.680.670.73-0.69-0.580.70.730.730.580.740.450.630.730.72-0.050.730.14-0.580.650.63-0.40.030.710.97
0.550.380.770.46-0.42-0.590.590.510.510.550.570.480.560.780.52-0.010.460.12-0.590.580.55-0.240.130.710.69
0.720.630.60.7-0.65-0.490.640.690.690.520.660.370.550.670.68-0.020.70.0-0.50.580.54-0.35-0.040.970.69
Click cells to compare fundamentals

Loop Industries Account Relationship Matchups

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 Loop Industries 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, Loop Industries' short interest history, or implied volatility extrapolated from Loop Industries options trading.

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When determining whether Loop Industries 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 Loop 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 Loop Industries Stock. Highlighted below are key reports to facilitate an investment decision about Loop Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loop Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Loop Stock, please use our How to Invest in Loop Industries guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Loop Industries' price analysis, check to measure Loop Industries' 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 Loop Industries is operating at the current time. Most of Loop Industries' value examination focuses on studying past and present price action to predict the probability of Loop Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loop Industries' price. Additionally, you may evaluate how the addition of Loop Industries to your portfolios can decrease your overall portfolio volatility.
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Is Loop Industries' 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 Loop Industries. If investors know Loop 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 Loop Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.23)
Revenue Per Share
0.003
Quarterly Revenue Growth
0.04
Return On Assets
(0.41)
Return On Equity
(0.45)
The market value of Loop Industries is measured differently than its book value, which is the value of Loop that is recorded on the company's balance sheet. Investors also form their own opinion of Loop Industries' value that differs from its market value or its book value, called intrinsic value, which is Loop Industries' 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 Loop Industries' market value can be influenced by many factors that don't directly affect Loop Industries' 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 Loop Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Loop Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loop Industries' 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.