Argentina Total Assets vs Retained Earnings 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 Total Assets and its Retained Earnings 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.
Total Assets vs Retained Earnings
Total Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argentina Lithium Energy Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Argentina Lithium's Total Assets and Retained Earnings is 0.7. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings 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 Total Assets 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 Total Assets of Argentina Lithium Energy 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 Total Assets i.e., Argentina Lithium's Total Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Argentina Lithium assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Argentina Lithium Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 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.