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 Non Current Assets Total and its Net Debt 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.
Non Current Assets Total vs Net Debt
Non Current Assets Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Core Lithium Non Current Assets Total account and
Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Core Lithium's Non Current Assets Total and Net Debt is -0.88. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt 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 Non Current Assets Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Core Lithium are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., Core Lithium's Non Current Assets Total and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Core Stock Analysis
When running Core Lithium's price analysis, check to
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
predict the probability of Core Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Lithium's price. Additionally, you may evaluate how the addition of Core Lithium to your portfolios can decrease your overall portfolio volatility.