Argentina Net Debt vs Accounts Payable Analysis
LIT Stock | CAD 0.18 0.01 5.88% |
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 Net Debt and its Accounts Payable 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.
Net Debt vs Accounts Payable
Net Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argentina Lithium Energy Net Debt account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Argentina Lithium's Net Debt and Accounts Payable is -0.89. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable 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 Net Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Argentina Lithium Energy are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Debt i.e., Argentina Lithium's Net Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Accounts Payable
An accounting item on the balance sheet that represents Argentina Lithium obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Argentina Lithium Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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.