LiqTech Inventory vs Retained Earnings Analysis

LIQT Stock  USD 2.00  0.13  6.10%   
LiqTech International financial indicator trend analysis is infinitely more than just investigating LiqTech International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LiqTech International is a good investment. Please check the relationship between LiqTech International Inventory and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LiqTech International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy LiqTech Stock please use our How to Invest in LiqTech International guide.

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LiqTech International Inventory account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between LiqTech International's Inventory and Retained Earnings is -0.52. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of LiqTech International, assuming nothing else is changed. The correlation between historical values of LiqTech International's Inventory 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 Inventory of LiqTech International 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 Inventory i.e., LiqTech International's Inventory and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Inventory

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 LiqTech International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LiqTech International 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 LiqTech International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy LiqTech Stock please use our How to Invest in LiqTech International guide.Enterprise Value is likely to gain to about 40.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.6M567.1K2.8M2.0M
Total Revenue18.3M16.0M18.0M19.0M

LiqTech International fundamental ratios Correlations

0.720.740.80.890.33-0.550.40.720.910.72-0.160.540.670.820.670.96-0.10.680.370.580.540.660.490.730.65
0.720.880.340.70.49-0.540.340.550.520.560.050.370.560.830.480.790.040.670.570.540.640.690.330.640.73
0.740.880.260.790.71-0.420.380.540.590.54-0.130.330.430.920.560.77-0.140.790.380.520.880.60.420.70.53
0.80.340.260.53-0.15-0.250.490.410.840.410.010.340.460.320.320.70.080.170.280.53-0.010.360.440.30.58
0.890.70.790.530.57-0.590.20.690.750.69-0.380.560.630.910.760.9-0.340.810.370.450.690.680.40.830.5
0.330.490.71-0.150.57-0.30.040.10.310.09-0.370.250.230.670.470.31-0.530.71-0.010.040.810.330.220.590.16
-0.55-0.54-0.42-0.25-0.59-0.30.02-0.67-0.34-0.66-0.06-0.95-0.97-0.64-0.84-0.650.13-0.7-0.28-0.35-0.32-0.76-0.15-0.84-0.52
0.40.340.380.490.20.040.02-0.080.37-0.090.210.070.120.160.020.380.12-0.070.190.620.00.170.72-0.030.51
0.720.550.540.410.690.1-0.67-0.080.541.0-0.140.60.680.760.760.78-0.010.750.250.350.530.620.110.780.33
0.910.520.590.840.750.31-0.340.370.540.54-0.170.380.490.640.540.76-0.160.540.140.480.460.390.370.570.59
0.720.560.540.410.690.09-0.66-0.091.00.54-0.140.580.660.760.740.780.010.740.260.350.530.610.110.770.33
-0.160.05-0.130.01-0.38-0.37-0.060.21-0.14-0.17-0.140.010.09-0.27-0.26-0.140.82-0.340.10.46-0.310.08-0.31-0.30.38
0.540.370.330.340.560.25-0.950.070.60.380.580.010.950.540.890.6-0.250.650.180.360.230.70.250.820.46
0.670.560.430.460.630.23-0.970.120.680.490.660.090.950.630.840.73-0.10.660.310.450.270.770.250.830.62
0.820.830.920.320.910.67-0.640.160.760.640.76-0.270.540.630.760.86-0.240.920.330.410.860.710.350.880.48
0.670.480.560.320.760.47-0.840.020.760.540.74-0.260.890.840.760.69-0.430.880.150.360.570.640.250.960.39
0.960.790.770.70.90.31-0.650.380.780.760.78-0.140.60.730.860.69-0.050.70.50.580.540.790.520.770.63
-0.10.04-0.140.08-0.34-0.530.130.12-0.01-0.160.010.82-0.25-0.1-0.24-0.43-0.05-0.40.10.37-0.270.01-0.32-0.40.17
0.680.670.790.170.810.71-0.7-0.070.750.540.74-0.340.650.660.920.880.7-0.40.160.240.870.660.210.960.31
0.370.570.380.280.37-0.01-0.280.190.250.140.260.10.180.310.330.150.50.10.160.410.070.440.230.230.49
0.580.540.520.530.450.04-0.350.620.350.480.350.460.360.450.410.360.580.370.240.410.220.350.160.290.77
0.540.640.88-0.010.690.81-0.320.00.530.460.53-0.310.230.270.860.570.54-0.270.870.070.220.430.160.70.17
0.660.690.60.360.680.33-0.760.170.620.390.610.080.70.770.710.640.790.010.660.440.350.430.410.740.46
0.490.330.420.440.40.22-0.150.720.110.370.11-0.310.250.250.350.250.52-0.320.210.230.160.160.410.270.16
0.730.640.70.30.830.59-0.84-0.030.780.570.77-0.30.820.830.880.960.77-0.40.960.230.290.70.740.270.41
0.650.730.530.580.50.16-0.520.510.330.590.330.380.460.620.480.390.630.170.310.490.770.170.460.160.41
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LiqTech International Account Relationship Matchups

LiqTech International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.6M42.2M45.1M40.1M36.0M24.4M
Other Current Liab3.5M3.1M4.7M2.1M1.9M1.9M
Total Current Liabilities10.3M9.8M16.9M6.1M7.5M6.3M
Total Stockholder Equity23.0M24.8M12.8M23.3M17.3M14.4M
Property Plant And Equipment Net9.9M15.3M15.8M11.6M13.1M6.8M
Net Debt(1.7M)6.0M9.1M(5.1M)2.7M2.9M
Retained Earnings(32.2M)(42.1M)(53.2M)(67.4M)(75.9M)(72.1M)
Accounts Payable4.3M2.3M1.6M1.4M2.4M2.1M
Cash7.1M2.7M15.4M16.6M10.4M5.3M
Non Current Assets Total11.1M16.6M17.0M12.5M13.9M9.1M
Cash And Short Term Investments7.1M2.7M15.4M16.6M9.5M5.2M
Common Stock Total Equity44.4K72.9K20.6K21.7K24.9K32.7K
Common Stock Shares Outstanding2.5M2.7M2.7M4.4M5.7M6.0M
Liabilities And Stockholders Equity38.6M42.2M45.1M40.1M36.0M24.4M
Other Stockholder Equity61.4M69.9M70.9M96.9M98.8M103.7M
Total Liab15.6M17.4M32.3M16.8M18.7M10.0M
Property Plant And Equipment Gross9.9M10.3M23.3M20.6M24.9M26.1M
Total Current Assets27.5M25.7M28.1M27.7M22.1M15.3M
Accumulated Other Comprehensive Income(6.2M)(3.0M)(5.0M)(6.3M)(5.6M)(5.3M)
Common Stock20.5K21.7K21.3K44.0K5.7K5.4K
Short Long Term Debt Total5.3M8.7M24.5M11.5M12.2M12.8M
Current Deferred Revenue1.4M1.2M914.8K649.6K382.6K654.5K
Non Currrent Assets Other498.1K545.7K628.1K450.0K470.3K493.9K
Short Term Debt1.0M2.8M9.6M1.9M2.2M1.7M
Net Receivables12.2M5.8M3.9M4.6M6.1M5.2M
Non Current Liabilities Total5.3M7.6M15.4M10.7M11.2M11.8M
Inventory5.2M5.5M5.4M4.1M5.3M4.9M
Other Current Assets3.0M2.5M3.4M3.9M1.3M1.3M
Intangible Assets488.7K480.1K334.7K212.9K114.6K144.2K
Net Tangible Assets23.0M24.0M12.2M22.9M26.3M16.6M
Other Assets498.1K4.0M628.1K450.0K1.00.95
Retained Earnings Total Equity(28.5M)(32.3M)(32.2M)(42.1M)(37.8M)(36.0M)
Capital Surpluse40.5M46.5M61.4M69.9M80.4M84.4M
Capital Lease Obligations5.3M8.7M9.9M6.1M7.5M4.0M

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Additional Tools for LiqTech Stock Analysis

When running LiqTech International's price analysis, check to measure LiqTech International'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 LiqTech International is operating at the current time. Most of LiqTech International's value examination focuses on studying past and present price action to predict the probability of LiqTech International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LiqTech International's price. Additionally, you may evaluate how the addition of LiqTech International to your portfolios can decrease your overall portfolio volatility.