Legend Power Sys Inc. Stock
€0.090
Your prediction
Legend Power Sys Inc. Stock
Pros and Cons of Legend Power Sys Inc. in the next few years
Pros
Cons
Performance of Legend Power Sys Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Legend Power Sys Inc. | -3.240% | -10.050% | 62.727% | -53.385% | -6.771% | -82.952% | -64.902% |
| dynaCERT Inc | -4.310% | 0.833% | -7.810% | -21.935% | -18.996% | -69.938% | - |
| Electrovaya Inc. | 2.160% | 3.650% | -19.318% | -14.199% | 3.650% | -41.262% | 339.628% |
| Elcora Advanced Materials Corp. | - | 36.842% | 36.842% | -60.305% | 52.941% | -48.000% | -39.535% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.In general, the financials of Legend Power, a company from the Machinery, Equipment & Components industry, appear to be struggling. The company has been struggling with declining revenue, increasing operational expenses, and negative cash flow. Combined with the negative net income across the years, this raises concerns regarding the long-term viability of the company. However, it is essential to dive deeper into the financial details to identify the strengths and weaknesses of the company fully.
Current Ratio: Legend Power has maintained relatively high current ratios over the years, with total current assets consistently exceeding total current liabilities. For example, as of 2022-09-30, total current assets were CAD 5,927,086 vs. total current liabilities of CAD 783,601, indicating strong short-term liquidity. Moreover, net working capital has been growing, which is a positive indicator of the company's ability to cover short-term obligations.
Inventory Management: It's worth noting that Legend Power's inventory increased from CAD 1,198,284 in 2020 to CAD 1,589,593 in 2022. This growth could signify a potential increase in sales or ongoing efforts to improve production capacity in response to expected demand.