Argentina Retained Earnings vs Short Long Term 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 Retained Earnings and its Short Long Term 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.
Retained Earnings vs Short Long Term Debt
Retained Earnings vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argentina Lithium Energy Retained Earnings account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Argentina Lithium's Retained Earnings and Short Long Term Debt is -0.29. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term 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 Retained Earnings and Short Long Term 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 Retained Earnings of Argentina Lithium Energy are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Retained Earnings i.e., Argentina Lithium's Retained Earnings and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Short Long Term Debt
The total of a company's short-term and long-term borrowings.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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