Lithium Price To Sales Ratio vs Cash Per Share Analysis
LAC Stock | USD 3.88 0.07 1.77% |
Lithium Americas financial indicator trend analysis is infinitely more than just investigating Lithium Americas Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lithium Americas Corp is a good investment. Please check the relationship between Lithium Americas Price To Sales Ratio and its Cash Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas 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 nation.
Price To Sales Ratio vs Cash Per Share
Price To Sales Ratio vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lithium Americas Corp Price To Sales Ratio account and Cash Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lithium Americas' Price To Sales Ratio and Cash Per Share is -0.47. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Lithium Americas Corp, assuming nothing else is changed. The correlation between historical values of Lithium Americas' Price To Sales Ratio and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Lithium Americas Corp are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Price To Sales Ratio i.e., Lithium Americas' Price To Sales Ratio and Cash Per Share go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Lithium Americas Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Lithium Americas sales, a figure that is much harder to manipulate than other Lithium Americas Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Cash Per Share
Most indicators from Lithium Americas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lithium Americas Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas 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 nation. At present, Lithium Americas' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 2 B, whereas Selling General Administrative is forecasted to decline to about 9.8 M.
Lithium Americas fundamental ratios Correlations
Click cells to compare fundamentals
Lithium Americas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lithium Americas fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 293.8M | 326.7M | 817.3M | 1.0B | 439.5M | 461.5M | |
Total Stockholder Equity | 159.6M | 190.7M | 536.3M | 784.0M | 407.5M | 427.8M | |
Property Plant And Equipment Net | 162.8M | 6.3M | 10.0M | 357.7M | 222.2M | 233.3M | |
Retained Earnings | (65.8M) | (140.2M) | (178.7M) | (272.2M) | (264.4M) | (251.1M) | |
Non Current Assets Total | 200.9M | 172.4M | 284.8M | 660.5M | 233.6M | 245.3M | |
Non Currrent Assets Other | 38.1M | 166.1M | 105.4M | 229.9M | 288K | 273.6K | |
Other Assets | 38.1M | 166.7M | 97.9M | 1.6M | (2.2M) | (2.1M) | |
Common Stock Shares Outstanding | 76.0M | 88.6M | 91.8M | 160.0M | 160.4M | 168.4M | |
Liabilities And Stockholders Equity | 293.8M | 326.7M | 817.3M | 1.0B | 439.5M | 461.5M | |
Non Current Liabilities Total | 119.2M | 127.3M | 272.8M | 212.9M | 7.5M | 7.1M | |
Total Liab | 134.2M | 136.0M | 281.0M | 232.5M | 32.0M | 52.7M | |
Property Plant And Equipment Gross | 162.8M | 6.3M | 10.4M | 16.3M | 226.3M | 237.6M | |
Other Current Liab | 11.9M | 5.2M | 7.3M | 16.5M | 1.3M | 1.3M | |
Total Current Liabilities | 15.0M | 8.8M | 8.3M | 19.6M | 24.6M | 25.8M | |
Net Debt | 36.6M | (23.3M) | (245.6M) | 13.1M | (192.4M) | (182.8M) | |
Accounts Payable | 11.9M | 1.9K | 4.2M | 9.9M | 23.2M | 24.4M | |
Cash | 83.6M | 148.1M | 510.6M | 194.5M | 195.5M | 205.3M | |
Cash And Short Term Investments | 83.6M | 148.1M | 510.6M | 352.1M | 195.5M | 205.3M | |
Net Receivables | 2.6M | 1.3M | 2.0M | 4.0M | 4.5M | 4.7M | |
Common Stock Total Equity | 197.4M | 198.0M | 200.9M | 307.2M | 353.2M | 370.9M | |
Other Current Assets | 5.5M | 4.2K | 753.0K | 1.3M | 10.4M | 10.9M | |
Other Stockholder Equity | 28.4M | 27.2M | 28.5M | 30.2M | 15.0M | 14.3M | |
Total Current Assets | 92.9M | 154.3M | 532.6M | 356.1M | 205.9M | 216.2M | |
Accumulated Other Comprehensive Income | (114K) | (4.3M) | (3.9M) | (3.5M) | 14.9M | 15.7M | |
Common Stock | 200.9M | 307.2M | 690.0M | 1.0B | 656.8M | 689.6M | |
Other Liab | 269K | 2.1M | 326K | 6.4M | 7.4M | 7.8M | |
Net Tangible Assets | 159.6M | 190.7M | 536.3M | (34.4M) | (39.6M) | (37.6M) | |
Long Term Debt | 117.1M | 126.9M | 272.4M | 204.5M | 235.1M | 246.9M | |
Inventory | 2.1M | 1.6M | 1.2M | 19.2M | (4.5M) | (4.3M) | |
Short Long Term Debt | 3.1M | 3.6M | 909K | 3.1M | 3.6M | 3.7M | |
Short Term Debt | 3.1M | 3.6M | 909K | 3.1M | 3.6M | 3.7M | |
Property Plant Equipment | 162.8M | 6.3M | 10.0M | 357.7M | 411.3M | 431.9M | |
Short Long Term Debt Total | 120.2M | 130.5M | 273.4M | 209.6M | 3.1M | 3.0M | |
Long Term Debt Total | 117.1M | 126.9M | 272.4M | 206.5M | 237.4M | 249.3M | |
Capital Surpluse | 28.4M | 27.2M | 28.5M | 30.2M | 34.8M | 21.3M | |
Capital Lease Obligations | 96K | 169K | 1.8M | 1.6M | 3.1M | 3.3M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Lithium Americas Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lithium Americas' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lithium Americas Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lithium Americas Corp Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas 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 nation. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lithium Americas. If investors know Lithium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lithium Americas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.126 | Earnings Share (0.12) | Revenue Per Share 0.02 | Quarterly Revenue Growth 0.081 | Return On Assets (0.04) |
The market value of Lithium Americas Corp is measured differently than its book value, which is the value of Lithium that is recorded on the company's balance sheet. Investors also form their own opinion of Lithium Americas' value that differs from its market value or its book value, called intrinsic value, which is Lithium Americas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lithium Americas' market value can be influenced by many factors that don't directly affect Lithium Americas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lithium Americas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lithium Americas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lithium Americas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.