Loop Industries Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.00
Dividend & YieldN/A$ (N/A)
Beta 1.55
Market capitalization 128.53M
Operating cash flow -41.26M
ESG Scores unknown

Company description

Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.

Sector: Basic Materials - Industry: Specialty Chemicals

Financial Ratios
Quick Ratio4.15
Working Capital-1.27
Return On Equity-1.11
Debt To Equity0.05
Fixed Asset Ratio0.02
Fixed Interest Cover-270.53

Financial data

Financial Statements

Cashflow Statement 2019-02-28 2020-02-29 2021-02-28 2022-02-28
Change To Liabilities 687.16k -1.06M 5.8M -2.09M
Total Cashflows From Investing Activities -2.05M -3.39M -2.98M -5.11M
Net Borrowings 7.5M 1.59M -50.59k 945.63k
Total Cash From Financing Activities 7.33M 40.46M 26.6M 56.99M
Change To Operating Activities 50.69k 6.58k -1.48M -2.34M
Issuance Of Stock 39.18M 39.18M 26.65M 56.05M
Net Income -17.54M -14.51M -36.34M -44.92M
Change In Cash -2.32M 27.88M 1.5M 8.84M
Effect Of Exchange Rate -35.74k -97.33k 373.61k -59.58k
Total Cash From Operating Activities -7.56M -9.09M -22.49M -42.98M
Depreciation 503k 807.45k 775.67k 548.23k
Change To Account Receivables
Other Cashflows From Financing Activities -168.82k -312k
Change To Netincome 8.5M 5.56M 8.76M 5.82M
Capital Expenditures -1.89M -2.44M -1.74M -4.82M

Income Statement 2019-02-28 2020-02-29 2021-02-28 2022-02-28
Research Development 3.45M 4.72M 18.69M 27.74M
Income Before Tax -17.54M -14.51M -36.34M -44.92M
Net Income -17.54M -14.51M -36.34M -44.92M
Selling General Administrative 8.81M 7.22M 11.54M 12.79M
Gross Profit
Ebit -12.76M -12.74M -31M -41.08M
Operating Income -12.76M -12.74M -31M -41.08M
Interest Expense -467.08k -2.41M -114.6k -154.03k
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet -4.77M -1.77M -5.34M -3.84M
Net Income From Continuing Ops -17.54M -14.51M -36.34M -44.92M
Net Income Applicable To Common Shares -17.54M -14.51M -36.34M -44.92M

Balance Sheet Statement 2019-02-28 2020-02-29 2021-02-28 2022-02-28
Total Liabilities 9.53M 4.37M 10.58M 13.23M
Total Stockholder Equity 2.63M 38.46M 32.82M 45.99M
Other Current Liabilities 219.53k 2.52M
Total Assets 12.16M 42.84M 43.4M 59.22M
Common Stock 3.38k 3.99k 4.24k 4.74k
Other Current Assets 3.39M
Retained Earnings -38.81M -53.32M -89.66M -134.58M
Treasury Stock 509.78k -388.45k -6.59k -96.03k
Cash 5.83M 33.72M 35.22M 44.06M
Total Current Liabilities 8.58M 2.13M 9.06M 9.85M
Other Stockholder Equity 509.78k -388.45k -6.59k -96.03k
Property, Plant, and Equipment 5.37M 7.26M 3.51M 5.69M
Total Current Assets 6.66M 34.52M 37.6M 52.13M
Net Tangible Assets 2.5M 38.26M 32.03M 44.98M
Net Receivables 599k 664.54k 1.76M 1.72M
Accounts Payable 1.78M 814.08k 5.08M 4.4M


Insider Transactions

Here are the insider transactions of stock shares related to Loop Industries Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
STUBINA JAY HOWARDStock Award(Grant) at price 0.00 per share.D2022-06-28Director16.69k
SELLYN LAURENCE GStock Award(Grant) at price 0.00 per share.D2022-06-28Director16.69k
LAPHAM ANDREWStock Award(Grant) at price 0.00 per share.D2022-06-28Director16.69k
SAMS LOUISE S.Stock Award(Grant) at price 0.00 per share.D2022-06-28Director16.69k
PERRON YVESPurchase at price 5.48 per share.D2022-05-31Officer3.65k
CHAMPAGNE STEPHENPurchase at price 6.63 per share.D2022-02-28Chief Technology Officer5.8k
PERRON YVESStock Award(Grant) at price 0.00 per share.D2021-01-14Officer28.8k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Loop Industries Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Loop Industries Inc

Here is the result of two systematic investment strategies applied to Loop Industries Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Loop Industries Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Loop Industries Inc:

Loop Industries Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 28.04% on the backtest period.

Performance at glance

Performance

28.04 %

Latent gain

557.81 $

Invested capital

1989.67 $

Annualized return

6.98 %
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Momentum strategy results on Loop Industries Inc

This is the result of two momentum investment strategies applied to Loop Industries Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Loop Industries Inc

The following chart shows all the entries opened by the momentum investment system on Loop Industries Inc:

Loop Industries Inc momentum entries
  • The first momentum investment strategy would give 29.3% of return on Loop Industries Inc. That represents 1317.13$ of latent gain with 4495.43$ of employed capital.
  • The second momentum investment strategy would give 29.84% of return on Loop Industries Inc. That represents 1116.0$ of latent gain with 3739.76$ of employed capital.
Performance at glance (1Q Momentum)

Performance

29.3 %

Latent gain

1317.13 $

Invested capital

4495.43 $

Annualized return

19.96 %
Performance at glance (2Q Momentum)

Performance

29.84 %

Latent gain

1116.0 $

Invested capital

3739.76 $

Annualized return

8.43 %

Momentum equity curve on Loop Industries Inc

The following chart shows the equity curve of the two momentum strategies applied to Loop Industries Inc:

Loop Industries Inc momentum equity

Note: the dividends potentially given by Loop Industries Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Loop Industries Inc

The following chart shows the employed capital evolution of the two momentum strategies on Loop Industries Inc since the beginning:

Loop Industries Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Loop Industries Inc

Buy the dip entry openings on Loop Industries Inc

Loop Industries Inc

The performance achieved by the robo-advisor on Loop Industries Inc is 40.32%. That represents 202.75$ of latent gain with 502.89$ of employed capital. The following chart shows Loop Industries Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Loop Industries Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

40.32 %

Latent gain

202.75 $

Invested capital

502.89 $

Annualized return

19.96 %

Equity curve of the strategy applied to Loop Industries Inc

The following chart shows the result of the investment strategy applied to Loop Industries Inc:

Loop Industries Inc

Note: the dividends potentially given by Loop Industries Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Loop Industries Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Loop Industries Inc:

Loop Industries Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Loop Industries Inc

In this section, I will compare the three previous investment strategies applied to Loop Industries Inc.

Equity curve comparison on Loop Industries Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Loop Industries Inc investment strategy comparison

Employed capital comparison on Loop Industries Inc

Loop Industries Inc investment comparison

Performance comparison on Loop Industries Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 28.04% 557.81$ 1989.67$ 6.98%
Momentum 1 quarter 29.3% 1317.13$ 4495.43$ 7.75%
Momentum 2 quarters 29.84% 1116.0$ 3739.76$ 8.43%
Non-directional 40.32% 202.75$ 502.89$ 19.96%
Annualized return comparison

Automatic investment

6.98 %

Momentum 1Q

8.43 %

Momentum 2Q

8.43 %

Non-directional

19.96 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Loop Industries Inc:

Positive correlations

Most correlated stocks this year

  • Loop Industries Inc

  • Most correlated stocks last 3 months

  • CHS Inc
  • Loop Industries Inc
  • SAPUTO INC.
  • ENBRIDGE INC

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Loop Industries Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Loop Industries Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Loop Industries Inc
    Country Canada
    City Terrebonne
    Address 480 Fernand-Poitras Terrebonne
    Phone
    Website www.loopindustries.com
    FullTime employees 92
    Industry Specialty Chemicals
    Sector Basic Materials
    Exchange XNAS
    Ticker LOOP
    Market www.nasdaq.com

    Loop Industries Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown