Argentina Interest Income vs Other Operating Expenses Analysis
LIT Stock | CAD 0.14 0.04 22.22% |
Argentina Lithium financial indicator trend analysis is way more than just evaluating Argentina Lithium Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argentina Lithium Energy is a good investment. Please check the relationship between Argentina Lithium Interest Income and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Argentina Lithium Energy. 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.
Interest Income vs Other Operating Expenses
Interest Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argentina Lithium Energy Interest Income account and Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Argentina Lithium's Interest Income and Other Operating Expenses is 0.97. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Argentina Lithium Energy, assuming nothing else is changed. The correlation between historical values of Argentina Lithium's Interest Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Argentina Lithium Energy are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Interest Income i.e., Argentina Lithium's Interest Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Argentina Lithium Energy. It is also known as Argentina Lithium overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Argentina Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argentina Lithium Energy 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 Argentina Lithium Energy. 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. At this time, Argentina Lithium's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 36.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Argentina Lithium fundamental ratios Correlations
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Argentina Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Argentina Lithium fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 112.6K | 88.0K | 8.6M | 15.6M | 81.8M | 85.9M | |
Total Current Liabilities | 820.7K | 306.7K | 976.5K | 1.9M | 5.9M | 6.2M | |
Total Stockholder Equity | (708.1K) | (218.7K) | 7.6M | 13.7M | 63.4M | 66.6M | |
Net Debt | 538.9K | 82.0K | (6.4M) | (8.1M) | (6.1M) | (5.8M) | |
Retained Earnings | (28.3M) | (28.5M) | (30.5M) | (39.0M) | 10.3M | 10.8M | |
Cash | 10.1K | 19.0K | 6.4M | 8.1M | 6.1M | 6.4M | |
Non Current Assets Total | 77.8K | 42.7K | 2.1M | 7.2M | 20.4M | 21.4M | |
Cash And Short Term Investments | 10.1K | 19.0K | 6.4M | 8.1M | 6.1M | 6.4M | |
Common Stock Shares Outstanding | 18.6M | 32.6M | 45.7M | 84.6M | 130.2M | 136.8M | |
Liabilities And Stockholders Equity | 112.6K | 88.0K | 8.6M | 15.6M | 81.8M | 85.9M | |
Other Stockholder Equity | 37.5K | 1.3M | 500K | 9.7M | 122.5K | 116.3K | |
Total Liab | 820.7K | 306.7K | 976.5K | 1.9M | 5.9M | 6.2M | |
Total Current Assets | 34.8K | 45.3K | 6.5M | 8.4M | 61.4M | 64.5M | |
Accounts Payable | 256.8K | 205.7K | 931.3K | 1.8M | 2.1M | 2.2M | |
Net Receivables | 1.1K | 1.7K | 29.9K | 112.3K | 70.3K | 42.9K | |
Property Plant And Equipment Net | 77.8K | 42.7K | 2.1M | 7.2M | 19.1M | 20.0M | |
Net Tangible Assets | (708.1K) | (218.7K) | 7.6M | 13.7M | 15.7M | 16.5M | |
Property Plant Equipment | 77.8K | 42.7K | 2.1M | 7.2M | 8.2M | 8.7M | |
Other Current Liab | 15.0K | 205.7K | 976.5K | 1.9M | 5.9M | 6.2M | |
Other Current Assets | 23.6K | 24.6K | 39.2K | 174.8K | 49.5M | 52.0M | |
Net Invested Capital | (159.1K) | (117.7K) | 7.6M | 13.7M | 63.4M | 66.6M | |
Net Working Capital | (785.9K) | (261.4K) | 5.5M | 6.5M | 55.5M | 58.3M |
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When running Argentina Lithium's price analysis, check to measure Argentina Lithium'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 Argentina Lithium is operating at the current time. Most of Argentina Lithium's value examination focuses on studying past and present price action to predict the probability of Argentina Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argentina Lithium's price. Additionally, you may evaluate how the addition of Argentina Lithium to your portfolios can decrease your overall portfolio volatility.