American Short Term Debt vs Net Receivables 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 Short Term Debt and its Net Receivables 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.

Short Term Debt vs Net Receivables

Short Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Lithium Corp Short Term Debt account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between American Lithium's Short Term Debt and Net Receivables is -0.54. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Receivables 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 Short Term Debt and Net Receivables 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 Term Debt of American Lithium Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Debt i.e., American Lithium's Short Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Debt

Net Receivables

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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