| DLI Stock | | | 0.17 0.01 5.56% |
Delta Lithium financial indicator trend analysis is much more than just examining Delta Lithium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Delta Lithium is a good investment. Please check the relationship between Delta Lithium Net Working Capital and its Net Invested Capital accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta 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.
Net Working Capital vs Net Invested Capital
Net Working Capital vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Delta Lithium Net Working Capital account and
Net Invested Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Delta Lithium's Net Working Capital and Net Invested Capital is 0.99. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Delta Lithium, assuming nothing else is changed. The correlation between historical values of Delta Lithium's Net Working Capital and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Delta Lithium are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Working Capital i.e., Delta Lithium's Net Working Capital and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Working Capital
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Delta Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Delta 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta 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.
Issuance Of Capital Stock is likely to gain to about 60
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.6
M in 2024.
Delta Lithium fundamental ratios Correlations
Click cells to compare fundamentals
Delta Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Delta Lithium fundamental ratios Accounts
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Additional Tools for Delta Stock Analysis
When running Delta Lithium's price analysis, check to
measure Delta 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 Delta Lithium is operating at the current time. Most of Delta Lithium's value examination focuses on studying past and present price action to
predict the probability of Delta 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 Delta Lithium's price. Additionally, you may evaluate how the addition of Delta Lithium to your portfolios can decrease your overall portfolio volatility.