Core Other Current Liab vs Net Debt Analysis

CXO Stock

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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 Other Current Liab 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.

Other Current Liab vs Net Debt

Other Current Liab vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Core Lithium Other Current Liab account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Core Lithium's Other Current Liab and Net Debt is -0.75. Overlapping area represents the amount of variation of Other Current Liab 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 Other Current Liab 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 Other Current Liab 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 Other Current Liab i.e., Core Lithium's Other Current Liab and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.75

Relationship Direction	Negative
Relationship Strength	Weak

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Other Current Liab

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.

	2021	2022	2023	2024 (projected)
Net Interest Income	258.6K	767K	1.7M	1.8M
Interest Income	358.4K	3.0M	4.4M	4.6M

Net Interest Income Interest Income

Core Lithium fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Liab	Property Plant Equipment	Non Currrent Assets Other	Inventory	Other Current Assets	Net Tangible Assets	Other Stockholder Equity	Net Invested Capital
Total Assets		0.91	0.99	0.95	-0.93	-0.6	0.94	0.95	0.99	0.96	0.85	0.71	0.88	0.91	0.95	0.96	0.97	0.93	0.89	0.93	0.63	0.87	0.91	0.95	-0.98	0.96
Total Current Liabilities	0.91		0.86	0.86	-0.78	-0.33	0.77	0.82	0.91	0.82	0.94	0.5	0.64	0.8	0.99	0.85	0.88	0.73	1.0	0.78	0.62	0.99	0.98	0.76	-0.83	0.88
Total Stockholder Equity	0.99	0.86		0.94	-0.96	-0.63	0.95	0.97	0.98	0.97	0.81	0.74	0.91	0.9	0.91	0.95	0.98	0.94	0.84	0.92	0.64	0.81	0.87	0.96	-0.99	0.96
Property Plant And Equipment Net	0.95	0.86	0.94		-0.8	-0.75	0.97	0.83	0.98	0.83	0.72	0.66	0.86	0.99	0.93	0.99	0.86	0.95	0.85	0.98	0.4	0.84	0.9	0.96	-0.95	0.87
Net Debt	-0.93	-0.78	-0.96	-0.8		0.47	-0.86	-1.0	-0.88	-1.0	-0.8	-0.7	-0.85	-0.74	-0.8	-0.83	-0.98	-0.85	-0.75	-0.79	-0.74	-0.7	-0.76	-0.87	0.94	-0.96
Retained Earnings	-0.6	-0.33	-0.63	-0.75	0.47		-0.81	-0.47	-0.67	-0.47	-0.11	-0.61	-0.8	-0.82	-0.48	-0.77	-0.46	-0.85	-0.3	-0.84	-0.03	-0.32	-0.41	-0.82	0.7	-0.48
Accounts Payable	0.94	0.77	0.95	0.97	-0.86	-0.81		0.87	0.96	0.88	0.65	0.72	0.93	0.96	0.85	0.98	0.88	0.99	0.74	0.98	0.44	0.73	0.81	0.99	-0.97	0.87
Cash	0.95	0.82	0.97	0.83	-1.0	-0.47	0.87		0.91	1.0	0.84	0.69	0.85	0.77	0.84	0.86	0.99	0.86	0.8	0.81	0.74	0.75	0.81	0.88	-0.95	0.97
Non Current Assets Total	0.99	0.91	0.98	0.98	-0.88	-0.67	0.96	0.91		0.91	0.8	0.71	0.88	0.95	0.96	0.99	0.93	0.95	0.89	0.96	0.55	0.88	0.92	0.96	-0.98	0.93
Cash And Short Term Investments	0.96	0.82	0.97	0.83	-1.0	-0.47	0.88	1.0	0.91		0.84	0.69	0.85	0.77	0.84	0.86	0.99	0.86	0.8	0.81	0.74	0.75	0.81	0.88	-0.95	0.97
Net Receivables	0.85	0.94	0.81	0.72	-0.8	-0.11	0.65	0.84	0.8	0.84		0.45	0.54	0.62	0.89	0.7	0.88	0.59	0.94	0.62	0.66	0.91	0.91	0.64	-0.75	0.88
Common Stock Total Equity	0.71	0.5	0.74	0.66	-0.7	-0.61	0.72	0.69	0.71	0.69	0.45		0.91	0.63	0.56	0.71	0.67	0.76	0.47	0.71	0.49	0.45	0.51	0.75	-0.74	0.67
Common Stock Shares Outstanding	0.88	0.64	0.91	0.86	-0.85	-0.8	0.93	0.85	0.88	0.85	0.54	0.91		0.85	0.73	0.9	0.83	0.96	0.61	0.91	0.51	0.59	0.66	0.95	-0.93	0.82
Non Current Liabilities Total	0.91	0.8	0.9	0.99	-0.74	-0.82	0.96	0.77	0.95	0.77	0.62	0.63	0.85		0.89	0.99	0.8	0.96	0.78	0.99	0.35	0.79	0.84	0.96	-0.92	0.8
Total Liab	0.95	0.99	0.91	0.93	-0.8	-0.48	0.85	0.84	0.96	0.84	0.89	0.56	0.73	0.89		0.92	0.89	0.82	0.98	0.87	0.57	0.98	0.98	0.85	-0.89	0.89
Property Plant And Equipment Gross	0.96	0.85	0.95	0.99	-0.83	-0.77	0.98	0.86	0.99	0.86	0.7	0.71	0.9	0.99	0.92		0.88	0.98	0.83	0.99	0.46	0.82	0.87	0.98	-0.97	0.88
Total Current Assets	0.97	0.88	0.98	0.86	-0.98	-0.46	0.88	0.99	0.93	0.99	0.88	0.67	0.83	0.8	0.89	0.88		0.86	0.86	0.83	0.73	0.82	0.86	0.88	-0.95	0.97
Common Stock	0.93	0.73	0.94	0.95	-0.85	-0.85	0.99	0.86	0.95	0.86	0.59	0.76	0.96	0.96	0.82	0.98	0.86		0.7	0.98	0.44	0.69	0.76	1.0	-0.97	0.85
Other Current Liab	0.89	1.0	0.84	0.85	-0.75	-0.3	0.74	0.8	0.89	0.8	0.94	0.47	0.61	0.78	0.98	0.83	0.86	0.7		0.76	0.61	1.0	0.97	0.74	-0.8	0.86
Property Plant Equipment	0.93	0.78	0.92	0.98	-0.79	-0.84	0.98	0.81	0.96	0.81	0.62	0.71	0.91	0.99	0.87	0.99	0.83	0.98	0.76		0.39	0.76	0.82	0.99	-0.95	0.83
Non Currrent Assets Other	0.63	0.62	0.64	0.4	-0.74	-0.03	0.44	0.74	0.55	0.74	0.66	0.49	0.51	0.35	0.57	0.46	0.73	0.44	0.61	0.39		0.57	0.52	0.47	-0.61	0.7
Inventory	0.87	0.99	0.81	0.84	-0.7	-0.32	0.73	0.75	0.88	0.75	0.91	0.45	0.59	0.79	0.98	0.82	0.82	0.69	1.0	0.76	0.57		0.97	0.72	-0.78	0.82
Other Current Assets	0.91	0.98	0.87	0.9	-0.76	-0.41	0.81	0.81	0.92	0.81	0.91	0.51	0.66	0.84	0.98	0.87	0.86	0.76	0.97	0.82	0.52	0.97		0.79	-0.84	0.86
Net Tangible Assets	0.95	0.76	0.96	0.96	-0.87	-0.82	0.99	0.88	0.96	0.88	0.64	0.75	0.95	0.96	0.85	0.98	0.88	1.0	0.74	0.99	0.47	0.72	0.79		-0.98	0.88
Other Stockholder Equity	-0.98	-0.83	-0.99	-0.95	0.94	0.7	-0.97	-0.95	-0.98	-0.95	-0.75	-0.74	-0.93	-0.92	-0.89	-0.97	-0.95	-0.97	-0.8	-0.95	-0.61	-0.78	-0.84	-0.98		-0.95
Net Invested Capital	0.96	0.88	0.96	0.87	-0.96	-0.48	0.87	0.97	0.93	0.97	0.88	0.67	0.82	0.8	0.89	0.88	0.97	0.85	0.86	0.83	0.7	0.82	0.86	0.88	-0.95

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Core Lithium Account Relationship Matchups

Core Lithium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	35.8M	73.2M	261.9M	503.1M	324.0M	340.2M
Total Current Liabilities	2.2M	1.8M	18.3M	121.0M	37.8M	39.7M
Total Stockholder Equity	33.6M	71.3M	238.7M	354.9M	256.9M	269.7M
Property Plant And Equipment Net	219.0K	306.0K	70.5M	241.2M	209.8M	220.3M
Net Debt	(8.6M)	(38.0M)	(133.1M)	(129.8M)	(84.6M)	(80.4M)
Retained Earnings	(17.0M)	(19.9M)	(27.4M)	(16.6M)	(223.4M)	(212.2M)
Accounts Payable	155.9K	627.1K	2.2M	3.4M	3.8M	4.0M
Cash	8.7M	38.1M	135.2M	152.8M	87.6M	92.0M
Non Current Assets Total	27.0M	34.8M	123.2M	311.4M	224.5M	235.7M
Cash And Short Term Investments	8.7M	38.2M	135.4M	152.9M	88.2M	92.6M
Net Receivables	37.7K	115.0K	2.6M	6.7M	1.5M	978.6K
Common Stock Shares Outstanding	665.9M	802.1M	1.1B	1.6B	2.1B	2.2B
Liabilities And Stockholders Equity	35.8M	73.2M	261.9M	503.1M	324.0M	340.2M
Total Liab	2.2M	1.9M	23.1M	148.2M	67.1M	70.4M
Property Plant And Equipment Gross	26.6M	34.4M	112.0M	307.1M	283.8M	298.0M
Total Current Assets	8.8M	38.4M	138.7M	191.7M	99.5M	104.5M
Accumulated Other Comprehensive Income	746.5K	652.5K	453.9K	532K	1.6M	1.7M
Common Stock	49.9M	90.6M	265.7M	370.9M	478.6M	502.6M
Other Current Liab	1.9M	1.1M	12.5M	114.1M	32.8M	34.5M
Property Plant Equipment	26.6M	34.0M	110.7M	294.7M	339.0M	355.9M
Non Currrent Assets Other	26.4M	33.7M	40.2M	53.6M	2.7M	2.6M
Inventory	(585.7K)	(610.4K)	176.6K	28.9M	8.5M	9.0M
Other Current Assets	22.6K	73.2K	538.3K	3.2M	1.3M	1.4M
Net Tangible Assets	33.6M	71.3M	238.7M	354.9M	408.2M	428.6M
Other Stockholder Equity	(32.8M)	(70.7M)	(238.3M)	(354.4M)	(319.0M)	(303.0M)
Short Term Investments	30.3K	80.3K	190.1K	160K	570K	598.5K
Long Term Debt Total	9.8K	44.9K	896.8K	19.5M	22.4M	23.5M
Net Invested Capital	33.6M	71.3M	238.7M	354.9M	256.9M	141.2M
Net Working Capital	6.6M	36.6M	120.4M	70.7M	61.7M	42.9M
Short Long Term Debt Total	119.6K	102.3K	2.1M	22.9M	3.5M	5.3M
Capital Stock	49.9M	90.6M	265.7M	370.9M	478.6M	502.6M

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