Core Lithium financial indicator trend analysis is way more than just evaluating Core Lithium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Core Lithium is a good investment. Please check the relationship between Core Lithium Cost Of Revenue and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cost Of Revenue vs Selling General Administrative
Cost Of Revenue vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Core Lithium Cost Of Revenue account and
Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Core Lithium's Cost Of Revenue and Selling General Administrative is 0.97. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Core Lithium, assuming nothing else is changed. The correlation between historical values of Core Lithium's Cost Of Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Core Lithium are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., Core Lithium's Cost Of Revenue and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Core Lithium income statement and represents the costs associated with goods and services Core Lithium provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Selling General Administrative
Most indicators from Core Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Core Lithium 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Core Lithium's Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 5.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 83.5
M in 2024.
Core Lithium fundamental ratios Correlations
Click cells to compare fundamentals
Core Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Core Lithium fundamental ratios Accounts
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Additional Tools for Core Stock Analysis
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measure Core Lithium's 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 Core Lithium is operating at the current time. Most of Core Lithium's value examination focuses on studying past and present price action to
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