| ILC Stock | | | CAD 0.01 0.01 25.00% |
International Lithium financial indicator trend analysis is infinitely more than just investigating International Lithium recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Lithium is a good investment. Please check the relationship between International Lithium Short Long Term Debt Total and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Lithium Corp. 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.
Short Long Term Debt Total vs Accounts Payable
Short Long Term Debt Total vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
International Lithium Short Long Term Debt Total account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between International Lithium's Short Long Term Debt Total and Accounts Payable is 0.72. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of International Lithium Corp, assuming nothing else is changed. The correlation between historical values of International Lithium's Short Long Term Debt Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of International Lithium Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt Total i.e., International Lithium's Short Long Term Debt Total and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Short Long Term Debt Total
Accounts Payable
An accounting item on the balance sheet that represents International Lithium obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of International Lithium are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from International Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Lithium Corp. 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.
Enterprise Value is likely to climb to about 7.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.4
M in 2024.
International Lithium fundamental ratios Correlations
Click cells to compare fundamentals
International Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
International Lithium fundamental ratios Accounts
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