LiCycle Book Value Per Share vs Capex To Depreciation Analysis

LICY Stock

USD 2.64 0.23 8.01%

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 Book Value Per Share and its Capex To Depreciation 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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Book Value Per Share vs Capex To Depreciation

Book Value Per Share vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LiCycle Holdings Corp Book Value Per Share account and Capex To Depreciation. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between LiCycle Holdings' Book Value Per Share and Capex To Depreciation is 0.53. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Depreciation 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' Book Value Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of LiCycle Holdings Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Book Value Per Share i.e., LiCycle Holdings' Book Value Per Share and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.53

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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 closely tied 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 105 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	2.9M	10.1M	8.9M	5.1M
Cost Of Revenue	3.1M	16.6M	83.9M	88.1M

Reconciled Depreciation Cost Of Revenue

LiCycle Holdings fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue
Common Stock Shares Outstanding		-0.2	0.23	0.21	-0.39	-0.97	-0.19	0.23	0.86	0.29	0.21	-0.93	0.24	0.03	-0.92	-0.79	-0.04	0.21	0.02	0.18	0.03	-0.82	-0.26	0.13	0.08	0.3
Total Assets	-0.2		0.86	0.87	0.98	0.35	0.95	0.86	0.27	-0.97	0.86	0.51	0.85	0.21	0.54	0.7	0.94	0.86	0.71	0.88	0.92	0.68	0.95	0.89	0.91	-0.96
Other Current Liab	0.23	0.86		1.0	0.78	-0.07	0.91	1.0	0.65	-0.86	1.0	0.11	1.0	0.21	0.15	0.34	0.96	1.0	0.69	1.0	0.98	0.36	0.88	1.0	0.99	-0.86
Total Current Liabilities	0.21	0.87	1.0		0.78	-0.06	0.92	1.0	0.64	-0.86	1.0	0.12	1.0	0.18	0.16	0.35	0.97	1.0	0.69	1.0	0.98	0.37	0.88	1.0	0.99	-0.86
Total Stockholder Equity	-0.39	0.98	0.78	0.78		0.53	0.95	0.78	0.08	-0.98	0.78	0.67	0.77	0.22	0.7	0.81	0.91	0.78	0.65	0.8	0.88	0.82	0.96	0.83	0.85	-0.98
Other Liab	-0.97	0.35	-0.07	-0.06	0.53		0.34	-0.08	-0.8	-0.43	-0.06	0.98	-0.09	0.1	0.98	0.84	0.2	-0.06	0.04	-0.03	0.12	0.91	0.41	0.02	0.07	-0.44
Net Tangible Assets	-0.19	0.95	0.91	0.92	0.95	0.34		0.91	0.29	-0.98	0.92	0.5	0.91	0.22	0.54	0.66	0.99	0.92	0.67	0.93	0.97	0.71	1.0	0.95	0.96	-0.99
Property Plant And Equipment Net	0.23	0.86	1.0	1.0	0.78	-0.08	0.91		0.67	-0.86	1.0	0.1	1.0	0.18	0.14	0.35	0.96	1.0	0.74	1.0	0.98	0.34	0.87	0.99	0.98	-0.85
Net Debt	0.86	0.27	0.65	0.64	0.08	-0.8	0.29	0.67		-0.2	0.64	-0.67	0.66	0.03	-0.65	-0.39	0.42	0.64	0.46	0.62	0.49	-0.47	0.21	0.58	0.53	-0.18
Retained Earnings	0.29	-0.97	-0.86	-0.86	-0.98	-0.43	-0.98	-0.86	-0.2		-0.86	-0.59	-0.85	-0.2	-0.62	-0.77	-0.96	-0.86	-0.73	-0.88	-0.94	-0.76	-0.99	-0.9	-0.92	1.0
Accounts Payable	0.21	0.86	1.0	1.0	0.78	-0.06	0.92	1.0	0.64	-0.86		0.12	1.0	0.18	0.16	0.35	0.97	1.0	0.69	1.0	0.98	0.37	0.88	1.0	0.99	-0.86
Cash	-0.93	0.51	0.11	0.12	0.67	0.98	0.5	0.1	-0.67	-0.59	0.12		0.09	0.14	1.0	0.91	0.37	0.12	0.18	0.15	0.3	0.97	0.57	0.2	0.25	-0.6
Non Current Assets Total	0.24	0.85	1.0	1.0	0.77	-0.09	0.91	1.0	0.66	-0.85	1.0	0.09		0.18	0.13	0.33	0.96	1.0	0.69	1.0	0.98	0.34	0.87	0.99	0.99	-0.85
Non Currrent Assets Other	0.03	0.21	0.21	0.18	0.22	0.1	0.22	0.18	0.03	-0.2	0.18	0.14	0.18		0.15	0.02	0.21	0.19	0.16	0.17	0.2	0.18	0.22	0.18	0.21	-0.22
Cash And Short Term Investments	-0.92	0.54	0.15	0.16	0.7	0.98	0.54	0.14	-0.65	-0.62	0.16	1.0	0.13	0.15		0.91	0.41	0.16	0.19	0.19	0.34	0.98	0.6	0.24	0.29	-0.63
Net Receivables	-0.79	0.7	0.34	0.35	0.81	0.84	0.66	0.35	-0.39	-0.77	0.35	0.91	0.33	0.02	0.91		0.56	0.35	0.55	0.38	0.5	0.92	0.71	0.42	0.46	-0.76
Non Current Liabilities Total	-0.04	0.94	0.96	0.97	0.91	0.2	0.99	0.96	0.42	-0.96	0.97	0.37	0.96	0.21	0.41	0.56		0.97	0.69	0.97	1.0	0.6	0.98	0.98	0.99	-0.96
Inventory	0.21	0.86	1.0	1.0	0.78	-0.06	0.92	1.0	0.64	-0.86	1.0	0.12	1.0	0.19	0.16	0.35	0.97		0.69	1.0	0.98	0.37	0.88	1.0	0.99	-0.86
Other Current Assets	0.02	0.71	0.69	0.69	0.65	0.04	0.67	0.74	0.46	-0.73	0.69	0.18	0.69	0.16	0.19	0.55	0.69	0.69		0.7	0.7	0.32	0.65	0.7	0.7	-0.69
Other Stockholder Equity	0.18	0.88	1.0	1.0	0.8	-0.03	0.93	1.0	0.62	-0.88	1.0	0.15	1.0	0.17	0.19	0.38	0.97	1.0	0.7		0.99	0.4	0.9	1.0	0.99	-0.88
Total Liab	0.03	0.92	0.98	0.98	0.88	0.12	0.97	0.98	0.49	-0.94	0.98	0.3	0.98	0.2	0.34	0.5	1.0	0.98	0.7	0.99		0.53	0.95	0.99	1.0	-0.94
Total Current Assets	-0.82	0.68	0.36	0.37	0.82	0.91	0.71	0.34	-0.47	-0.76	0.37	0.97	0.34	0.18	0.98	0.92	0.6	0.37	0.32	0.4	0.53		0.76	0.44	0.49	-0.78
Common Stock	-0.26	0.95	0.88	0.88	0.96	0.41	1.0	0.87	0.21	-0.99	0.88	0.57	0.87	0.22	0.6	0.71	0.98	0.88	0.65	0.9	0.95	0.76		0.92	0.94	-1.0
Property Plant Equipment	0.13	0.89	1.0	1.0	0.83	0.02	0.95	0.99	0.58	-0.9	1.0	0.2	0.99	0.18	0.24	0.42	0.98	1.0	0.7	1.0	0.99	0.44	0.92		1.0	-0.9
Short Long Term Debt Total	0.08	0.91	0.99	0.99	0.85	0.07	0.96	0.98	0.53	-0.92	0.99	0.25	0.99	0.21	0.29	0.46	0.99	0.99	0.7	0.99	1.0	0.49	0.94	1.0		-0.92
Current Deferred Revenue	0.3	-0.96	-0.86	-0.86	-0.98	-0.44	-0.99	-0.85	-0.18	1.0	-0.86	-0.6	-0.85	-0.22	-0.63	-0.76	-0.96	-0.86	-0.69	-0.88	-0.94	-0.78	-1.0	-0.9	-0.92

Click cells to compare fundamentals

LiCycle Holdings Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

CRM	Salesforce
CRM	Salesforce
S	SentinelOne

Additional 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.

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

LiCycle Book Value Per Share vs Capex To Depreciation Analysis

Book Value Per Share vs Capex To Depreciation

Book Value Per Share vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Book Value Per Share

Capex To Depreciation

LiCycle Holdings fundamental ratios Correlations

LiCycle Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for LiCycle Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Property Plant And Equipment Net	+ 1.0	Other Current Liab
Accounts Payable	+ 1.0	Other Current Liab
Non Current Assets Total	+ 1.0	Other Current Liab
Inventory	+ 1.0	Other Current Liab
Other Stockholder Equity	+ 1.0	Other Current Liab

Current Deferred Revenue	- 1.0	Common Stock
Common Stock	- 0.99	Retained Earnings
Current Deferred Revenue	- 0.99	Net Tangible Assets
Retained Earnings	- 0.98	Net Tangible Assets
Current Deferred Revenue	- 0.98	Total Stockholder Equity
Retained Earnings	- 0.98	Total Stockholder Equity