Loop Tangible Asset Value vs Interest Expense Analysis

LOOP Stock

USD 2.68 0.18 6.29%

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 Tangible Asset Value and its Interest Expense 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.

Tangible Asset Value vs Interest Expense

Tangible Asset Value vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Loop Industries Tangible Asset Value account and Interest Expense. At this time, the significance of the direction appears to have no relationship.

The correlation between Loop Industries' Tangible Asset Value and Interest Expense is 0.0. Overlapping area represents the amount of variation of Tangible Asset Value that can explain the historical movement of Interest Expense 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' Tangible Asset Value and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tangible Asset Value of Loop Industries are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Tangible Asset Value i.e., Loop Industries' Tangible Asset Value and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

View All Relationships

Tangible Asset Value

The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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 04/18/2024, 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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Common Stock Total Equity	Retained Earnings Total Equity	Capital Surpluse	Net Receivables	Inventory	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net
Total Assets		0.87	0.74	0.99	-0.99	-0.88	0.79	1.0	1.0	0.92	0.89	0.75	0.91	0.83	1.0	0.07	0.99	-0.35	-0.89	0.93	0.9	-0.39	0.52	0.76	0.55	0.72
Other Current Liab	0.87		0.77	0.84	-0.88	-0.78	0.85	0.86	0.86	0.79	0.8	0.76	0.82	0.83	0.88	0.05	0.84	-0.22	-0.78	0.81	0.88	-0.39	0.58	0.68	0.38	0.63
Total Current Liabilities	0.74	0.77		0.64	-0.68	-0.73	0.94	0.73	0.73	0.7	0.64	0.63	0.73	0.98	0.74	0.01	0.64	-0.03	-0.73	0.73	0.9	-0.59	0.44	0.67	0.77	0.6
Total Stockholder Equity	0.99	0.84	0.64		-0.99	-0.85	0.72	0.99	0.99	0.9	0.87	0.72	0.88	0.75	0.99	0.08	1.0	-0.4	-0.85	0.9	0.84	-0.35	0.5	0.73	0.46	0.7
Net Debt	-0.99	-0.88	-0.68	-0.99		0.85	-0.78	-0.99	-0.99	-0.9	-0.84	-0.72	-0.88	-0.77	-0.99	-0.09	-0.99	0.44	0.85	-0.9	-0.89	0.42	-0.55	-0.69	-0.42	-0.65
Retained Earnings	-0.88	-0.78	-0.73	-0.85	0.85		-0.68	-0.86	-0.86	-0.99	-0.94	-0.95	-0.99	-0.83	-0.9	-0.07	-0.84	0.28	1.0	-0.99	-0.87	0.13	-0.79	-0.58	-0.59	-0.49
Accounts Payable	0.79	0.85	0.94	0.72	-0.78	-0.68		0.79	0.79	0.69	0.62	0.55	0.72	0.93	0.79	0.01	0.72	-0.12	-0.69	0.73	0.93	-0.73	0.42	0.7	0.59	0.64
Cash	1.0	0.86	0.73	0.99	-0.99	-0.86	0.79		1.0	0.91	0.86	0.72	0.89	0.81	1.0	0.08	0.99	-0.4	-0.87	0.91	0.9	-0.43	0.52	0.73	0.51	0.69
Cash And Short Term Investments	1.0	0.86	0.73	0.99	-0.99	-0.86	0.79	1.0		0.91	0.86	0.72	0.89	0.81	1.0	0.08	0.99	-0.4	-0.87	0.91	0.9	-0.43	0.52	0.73	0.51	0.69
Common Stock Shares Outstanding	0.92	0.79	0.7	0.9	-0.9	-0.99	0.69	0.91	0.91		0.93	0.92	0.99	0.81	0.93	0.11	0.89	-0.38	-0.99	0.99	0.87	-0.16	0.77	0.58	0.55	0.52
Non Current Liabilities Total	0.89	0.8	0.64	0.87	-0.84	-0.94	0.62	0.86	0.86	0.93		0.91	0.96	0.77	0.89	0.04	0.87	-0.17	-0.94	0.95	0.77	-0.04	0.64	0.74	0.57	0.66
Other Current Assets	0.75	0.76	0.63	0.72	-0.72	-0.95	0.55	0.72	0.72	0.92	0.91		0.93	0.75	0.78	0.08	0.71	-0.25	-0.95	0.9	0.75	0.1	0.86	0.45	0.48	0.37
Other Stockholder Equity	0.91	0.82	0.73	0.88	-0.88	-0.99	0.72	0.89	0.89	0.99	0.96	0.93		0.84	0.92	0.07	0.87	-0.3	-0.99	1.0	0.89	-0.18	0.77	0.63	0.56	0.55
Total Liab	0.83	0.83	0.98	0.75	-0.77	-0.83	0.93	0.81	0.81	0.81	0.77	0.75	0.84		0.83	0.02	0.75	-0.09	-0.83	0.84	0.93	-0.49	0.53	0.73	0.78	0.67
Total Current Assets	1.0	0.88	0.74	0.99	-0.99	-0.9	0.79	1.0	1.0	0.93	0.89	0.78	0.92	0.83		0.08	0.99	-0.4	-0.9	0.94	0.91	-0.37	0.58	0.72	0.52	0.68
Common Stock	0.07	0.05	0.01	0.08	-0.09	-0.07	0.01	0.08	0.08	0.11	0.04	0.08	0.07	0.02	0.08		0.08	-0.22	-0.08	0.07	0.04	0.05	0.12	-0.05	-0.01	-0.02
Net Tangible Assets	0.99	0.84	0.64	1.0	-0.99	-0.84	0.72	0.99	0.99	0.89	0.87	0.71	0.87	0.75	0.99	0.08		-0.4	-0.85	0.9	0.84	-0.34	0.49	0.73	0.46	0.7
Common Stock Total Equity	-0.35	-0.22	-0.03	-0.4	0.44	0.28	-0.12	-0.4	-0.4	-0.38	-0.17	-0.25	-0.3	-0.09	-0.4	-0.22	-0.4		0.3	-0.32	-0.25	0.0	-0.45	0.14	0.12	0.0
Retained Earnings Total Equity	-0.89	-0.78	-0.73	-0.85	0.85	1.0	-0.69	-0.87	-0.87	-0.99	-0.94	-0.95	-0.99	-0.83	-0.9	-0.08	-0.85	0.3		-0.99	-0.87	0.14	-0.79	-0.58	-0.59	-0.5
Capital Surpluse	0.93	0.81	0.73	0.9	-0.9	-0.99	0.73	0.91	0.91	0.99	0.95	0.9	1.0	0.84	0.94	0.07	0.9	-0.32	-0.99		0.89	-0.22	0.74	0.65	0.58	0.58
Net Receivables	0.9	0.88	0.9	0.84	-0.89	-0.87	0.93	0.9	0.9	0.87	0.77	0.75	0.89	0.93	0.91	0.04	0.84	-0.25	-0.87	0.89		-0.57	0.64	0.63	0.55	0.54
Inventory	-0.39	-0.39	-0.59	-0.35	0.42	0.13	-0.73	-0.43	-0.43	-0.16	-0.04	0.1	-0.18	-0.49	-0.37	0.05	-0.34	0.0	0.14	-0.22	-0.57		0.08	-0.4	-0.24	-0.35
Intangible Assets	0.52	0.58	0.44	0.5	-0.55	-0.79	0.42	0.52	0.52	0.77	0.64	0.86	0.77	0.53	0.58	0.12	0.49	-0.45	-0.79	0.74	0.64	0.08		0.03	0.13	-0.04
Property Plant Equipment	0.76	0.68	0.67	0.73	-0.69	-0.58	0.7	0.73	0.73	0.58	0.74	0.45	0.63	0.73	0.72	-0.05	0.73	0.14	-0.58	0.65	0.63	-0.4	0.03		0.71	0.97
Short Long Term Debt Total	0.55	0.38	0.77	0.46	-0.42	-0.59	0.59	0.51	0.51	0.55	0.57	0.48	0.56	0.78	0.52	-0.01	0.46	0.12	-0.59	0.58	0.55	-0.24	0.13	0.71		0.69
Property Plant And Equipment Net	0.72	0.63	0.6	0.7	-0.65	-0.49	0.64	0.69	0.69	0.52	0.66	0.37	0.55	0.67	0.68	-0.02	0.7	0.0	-0.5	0.58	0.54	-0.35	-0.04	0.97	0.69

Click cells to compare fundamentals

Loop Industries Account Relationship Matchups

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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:

How To Invest In Loop

Details

Is Loop Stock a good investment?

Details

What is Loop Industries' Net Worth?

Details

Largest Specialty Chemicals Companies

View

Largest Basic Materials Companies

View

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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Loop Stock analysis

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.

	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences
	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Loop Tangible Asset Value vs Interest Expense Analysis

Tangible Asset Value vs Interest Expense

Tangible Asset Value vs Interest Expense Correlation Analysis

Correlation Coefficient

Tangible Asset Value

Interest Expense

Loop Industries fundamental ratios Correlations

Loop Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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

Complementary Tools for Loop Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Retained Earnings Total Equity	+ 1.0	Retained Earnings
Cash And Short Term Investments	+ 1.0	Cash

Capital Surpluse	- 0.99	Retained Earnings Total Equity
Retained Earnings Total Equity	- 0.99	Other Stockholder Equity
Retained Earnings Total Equity	- 0.99	Common Stock Shares Outstanding
Capital Surpluse	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.99	Retained Earnings
Common Stock Shares Outstanding	- 0.99	Retained Earnings