Loop Industries, Inc. financial data

Symbol
LOOP on Nasdaq
Industry
Chemicals & Allied Products
Location
480 Fernand Poitras, Terrebonne, Quebec, Canada
State of incorporation
Nevada
Fiscal year end
February 28
Former names
FIRST AMERICAN GROUP INC. (to 9/18/2015)
Latest financial report
Q1 2024 - May 29, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 611 % +12.7%
Quick Ratio 20.3 %
Debt-to-equity 32.2 % +3.73%
Return On Equity -66.1 % -51.7%
Return On Assets -50.5 % -41.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 47.5M shares +0.04%
Common Stock, Shares, Outstanding 47.5M shares +0.13%
Entity Public Float 54.4M USD -47.4%
Common Stock, Value, Issued 5K USD 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 153K USD -11.6%
Research and Development Expense 11.4M USD -34.4%
General and Administrative Expense 9.99M USD -51.1%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -21.1M USD +1.01%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.96M USD -47.9%
Inventory, Net 102K USD -86%
Assets, Current 7.99M USD -78.1%
Property, Plant and Equipment, Net 10.6M USD +318%
Assets 20.6M USD -49.3%
Liabilities, Current 2.42M USD -32.5%
Liabilities 6.41M USD -6.05%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.07M USD +6.22%
Retained Earnings (Accumulated Deficit) -177M USD -13.5%
Stockholders' Equity Attributable to Parent 14.1M USD -58.1%
Liabilities and Equity 20.6M USD -49.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -18M USD +48.3%
Net Cash Provided by (Used in) Financing Activities -75K USD -107%
Net Cash Provided by (Used in) Investing Activities -5.64M USD -127%
Common Stock, Shares Authorized 250M shares 0%
Common Stock, Shares, Issued 47.5M shares +0.13%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -23.6M USD -75.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 6.96M USD -77.3%
Deferred Tax Assets, Valuation Allowance 38.6M USD +14.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 39M USD +14.7%
Payments to Acquire Property, Plant, and Equipment 5.16M USD +6273%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -21M USD +5.95%
Property, Plant and Equipment, Gross 12.6M USD +204%
Deferred Income Tax Expense (Benefit) 0 USD
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 0 USD
Preferred Stock, Shares Authorized 25M shares 0%
Additional Paid in Capital 172M USD +0.84%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 148K USD +62.6%
Deferred Tax Assets, Net of Valuation Allowance 38.6M USD +14.6%
Share-based Payment Arrangement, Expense 7.74M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%