Argentina Net Receivables vs Net Debt 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 Receivables and its Net Debt 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 Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argentina Lithium Energy Net Receivables account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Argentina Lithium's Net Receivables and Net Debt is -0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt 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 Receivables and Net Debt 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 Receivables of Argentina Lithium Energy are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., Argentina Lithium's Net Receivables and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Receivables

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.
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

0.991.0-0.650.70.670.99-0.340.670.93-0.140.991.00.520.880.520.99-0.540.860.88-0.10.99-0.1-0.10.490.99
0.990.99-0.680.610.710.99-0.430.710.96-0.11.00.990.590.920.560.98-0.550.880.89-0.040.99-0.04-0.040.550.97
1.00.99-0.670.70.690.99-0.330.690.93-0.130.991.00.530.890.530.99-0.540.870.89-0.110.99-0.11-0.110.490.98
-0.65-0.68-0.67-0.1-1.0-0.710.33-1.0-0.81-0.17-0.68-0.63-0.76-0.89-0.88-0.710.37-0.93-0.870.12-0.710.120.12-0.59-0.53
0.70.610.7-0.10.110.65-0.030.110.41-0.310.610.72-0.190.350.050.67-0.060.370.41-0.290.64-0.29-0.29-0.10.77
0.670.710.69-1.00.110.73-0.361.00.830.160.710.650.770.910.870.73-0.390.940.88-0.090.73-0.09-0.090.610.56
0.990.990.99-0.710.650.73-0.310.730.95-0.090.990.980.570.920.61.0-0.540.910.93-0.090.99-0.09-0.090.520.96
-0.34-0.43-0.330.33-0.03-0.36-0.31-0.36-0.51-0.03-0.43-0.35-0.33-0.48-0.32-0.33-0.06-0.3-0.250.0-0.410.00.0-0.36-0.33
0.670.710.69-1.00.111.00.73-0.360.830.150.710.650.770.910.870.73-0.40.940.88-0.090.73-0.09-0.090.610.56
0.930.960.93-0.810.410.830.95-0.510.830.00.960.920.740.980.680.94-0.550.930.93-0.060.96-0.06-0.060.650.87
-0.14-0.1-0.13-0.17-0.310.16-0.09-0.030.150.0-0.1-0.150.180.070.3-0.1-0.030.060.06-0.15-0.09-0.15-0.15-0.07-0.19
0.991.00.99-0.680.610.710.99-0.430.710.96-0.10.990.590.920.560.98-0.550.880.89-0.040.99-0.04-0.040.550.97
1.00.991.0-0.630.720.650.98-0.350.650.92-0.150.990.50.860.490.98-0.530.840.86-0.110.99-0.11-0.110.480.99
0.520.590.53-0.76-0.190.770.57-0.330.770.740.180.590.50.750.690.55-0.640.720.70.180.580.180.180.730.43
0.880.920.89-0.890.350.910.92-0.480.910.980.070.920.860.750.790.92-0.480.970.96-0.080.92-0.08-0.080.620.81
0.520.560.53-0.880.050.870.6-0.320.870.680.30.560.490.690.790.61-0.20.820.8-0.060.58-0.06-0.060.490.4
0.990.980.99-0.710.670.731.0-0.330.730.94-0.10.980.980.550.920.61-0.480.910.93-0.10.99-0.1-0.10.510.96
-0.54-0.55-0.540.37-0.06-0.39-0.54-0.06-0.4-0.55-0.03-0.55-0.53-0.64-0.48-0.2-0.48-0.49-0.5-0.13-0.53-0.13-0.13-0.46-0.52
0.860.880.87-0.930.370.940.91-0.30.940.930.060.880.840.720.970.820.91-0.490.98-0.10.89-0.1-0.10.610.78
0.880.890.89-0.870.410.880.93-0.250.880.930.060.890.860.70.960.80.93-0.50.98-0.060.9-0.06-0.060.590.8
-0.1-0.04-0.110.12-0.29-0.09-0.090.0-0.09-0.06-0.15-0.04-0.110.18-0.08-0.06-0.1-0.13-0.1-0.06-0.141.01.00.57-0.1
0.990.990.99-0.710.640.730.99-0.410.730.96-0.090.990.990.580.920.580.99-0.530.890.9-0.14-0.14-0.140.50.97
-0.1-0.04-0.110.12-0.29-0.09-0.090.0-0.09-0.06-0.15-0.04-0.110.18-0.08-0.06-0.1-0.13-0.1-0.061.0-0.141.00.57-0.1
-0.1-0.04-0.110.12-0.29-0.09-0.090.0-0.09-0.06-0.15-0.04-0.110.18-0.08-0.06-0.1-0.13-0.1-0.061.0-0.141.00.57-0.1
0.490.550.49-0.59-0.10.610.52-0.360.610.65-0.070.550.480.730.620.490.51-0.460.610.590.570.50.570.570.43
0.990.970.98-0.530.770.560.96-0.330.560.87-0.190.970.990.430.810.40.96-0.520.780.8-0.10.97-0.1-0.10.43
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Argentina Lithium Account Relationship Matchups

Argentina Lithium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets112.6K88.0K8.6M15.6M81.8M85.9M
Total Current Liabilities820.7K306.7K976.5K1.9M5.9M6.2M
Total Stockholder Equity(708.1K)(218.7K)7.6M13.7M63.4M66.6M
Net Debt538.9K82.0K(6.4M)(8.1M)(6.1M)(5.8M)
Retained Earnings(28.3M)(28.5M)(30.5M)(39.0M)10.3M10.8M
Cash10.1K19.0K6.4M8.1M6.1M6.4M
Non Current Assets Total77.8K42.7K2.1M7.2M20.4M21.4M
Cash And Short Term Investments10.1K19.0K6.4M8.1M6.1M6.4M
Common Stock Shares Outstanding18.6M32.6M45.7M84.6M130.2M136.8M
Liabilities And Stockholders Equity112.6K88.0K8.6M15.6M81.8M85.9M
Other Stockholder Equity37.5K1.3M500K9.7M122.5K116.3K
Total Liab820.7K306.7K976.5K1.9M5.9M6.2M
Total Current Assets34.8K45.3K6.5M8.4M61.4M64.5M
Accounts Payable256.8K205.7K931.3K1.8M2.1M2.2M
Net Receivables1.1K1.7K29.9K112.3K70.3K42.9K
Property Plant And Equipment Net77.8K42.7K2.1M7.2M19.1M20.0M
Net Tangible Assets(708.1K)(218.7K)7.6M13.7M15.7M16.5M
Property Plant Equipment77.8K42.7K2.1M7.2M8.2M8.7M
Other Current Liab15.0K205.7K976.5K1.9M5.9M6.2M
Other Current Assets23.6K24.6K39.2K174.8K49.5M52.0M
Net Invested Capital(159.1K)(117.7K)7.6M13.7M63.4M66.6M
Net Working Capital(785.9K)(261.4K)5.5M6.5M55.5M58.3M

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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.