American Property Plant And Equipment Net vs Retained Earnings Analysis

LI Stock  CAD 0.88  0.01  1.12%   
American Lithium financial indicator trend analysis is way more than just evaluating American Lithium Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Lithium Corp is a good investment. Please check the relationship between American Lithium Property Plant And Equipment Net and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in American 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.

Property Plant And Equipment Net vs Retained Earnings

Property Plant And Equipment Net vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Lithium Corp Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between American Lithium's Property Plant And Equipment Net and Retained Earnings is -0.36. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of American Lithium Corp, assuming nothing else is changed. The correlation between historical values of American Lithium's Property Plant And Equipment Net and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of American Lithium Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Net i.e., American Lithium's Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from American Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Lithium 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 American 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.
Selling General Administrative is likely to climb to about 21.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.8 M in 2024.

American Lithium fundamental ratios Correlations

0.91.00.66-0.90.930.990.60.880.930.670.860.890.98-0.680.660.87-0.170.70.890.91-0.170.410.41-0.390.66
0.90.890.3-0.970.980.930.860.960.940.840.990.660.95-0.40.390.62-0.20.350.630.94-0.210.410.39-0.40.3
1.00.890.66-0.890.930.990.60.880.920.660.850.90.98-0.690.670.87-0.170.70.890.91-0.170.410.41-0.390.67
0.660.30.66-0.360.390.57-0.20.260.510.110.250.890.55-0.920.90.90.120.990.890.360.160.230.310.011.0
-0.9-0.97-0.89-0.36-0.96-0.92-0.79-0.94-0.98-0.84-0.97-0.67-0.960.44-0.43-0.630.24-0.42-0.64-0.940.19-0.49-0.470.43-0.36
0.930.980.930.39-0.960.960.810.980.930.740.940.70.97-0.430.420.67-0.290.440.70.97-0.240.440.42-0.450.39
0.990.930.990.57-0.920.960.690.930.930.690.890.840.99-0.590.570.8-0.220.610.830.95-0.220.420.41-0.430.58
0.60.860.6-0.2-0.790.810.690.880.660.720.840.210.70.1-0.110.16-0.38-0.140.210.82-0.390.310.23-0.52-0.2
0.880.960.880.26-0.940.980.930.880.870.70.910.580.93-0.270.250.53-0.350.310.580.99-0.360.40.36-0.540.26
0.930.940.920.51-0.980.930.930.660.870.830.940.780.97-0.60.60.75-0.160.570.750.89-0.10.490.49-0.340.52
0.670.840.660.11-0.840.740.690.720.70.830.920.50.76-0.370.390.47-0.10.180.430.660.00.420.4-0.20.13
0.860.990.850.25-0.970.940.890.840.910.940.920.630.93-0.40.40.59-0.170.310.590.89-0.150.430.41-0.350.26
0.890.660.90.89-0.670.70.840.210.580.780.50.630.82-0.930.911.00.040.910.990.640.030.330.36-0.160.9
0.980.950.980.55-0.960.970.990.70.930.970.760.930.82-0.60.590.79-0.20.60.80.95-0.170.460.46-0.410.55
-0.68-0.4-0.69-0.920.44-0.43-0.590.1-0.27-0.6-0.37-0.4-0.93-0.6-1.0-0.94-0.18-0.92-0.89-0.34-0.31-0.32-0.4-0.11-0.93
0.660.390.670.9-0.430.420.57-0.110.250.60.390.40.910.59-1.00.930.210.910.870.320.330.310.390.140.92
0.870.620.870.9-0.630.670.80.160.530.750.470.591.00.79-0.940.930.060.930.990.60.060.310.35-0.130.92
-0.17-0.2-0.170.120.24-0.29-0.22-0.38-0.35-0.16-0.1-0.170.04-0.2-0.180.210.060.130.02-0.320.21-0.62-0.490.540.13
0.70.350.70.99-0.420.440.61-0.140.310.570.180.310.910.6-0.920.910.930.130.920.410.070.190.25-0.060.99
0.890.630.890.89-0.640.70.830.210.580.750.430.590.990.8-0.890.870.990.020.920.65-0.040.280.31-0.210.9
0.910.940.910.36-0.940.970.950.820.990.890.660.890.640.95-0.340.320.6-0.320.410.65-0.380.390.35-0.560.36
-0.17-0.21-0.170.160.19-0.24-0.22-0.39-0.36-0.10.0-0.150.03-0.17-0.310.330.060.210.07-0.04-0.380.280.450.860.17
0.410.410.410.23-0.490.440.420.310.40.490.420.430.330.46-0.320.310.31-0.620.190.280.390.280.94-0.260.23
0.410.390.410.31-0.470.420.410.230.360.490.40.410.360.46-0.40.390.35-0.490.250.310.350.450.94-0.050.3
-0.39-0.4-0.390.010.43-0.45-0.43-0.52-0.54-0.34-0.2-0.35-0.16-0.41-0.110.14-0.130.54-0.06-0.21-0.560.86-0.26-0.050.02
0.660.30.671.0-0.360.390.58-0.20.260.520.130.260.90.55-0.930.920.920.130.990.90.360.170.230.30.02
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American Lithium Account Relationship Matchups

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