| LITH Stock | | | CAD 0.70 0.03 4.48% |
Lithium Chile financial indicator trend analysis is infinitely more than just investigating Lithium Chile recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lithium Chile is a good investment. Please check the relationship between Lithium Chile Net Debt and its Total Current Liabilities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Chile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Net Debt vs Total Current Liabilities
Net Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lithium Chile Net Debt account and
Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Lithium Chile's Net Debt and Total Current Liabilities is -0.89. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Lithium Chile, assuming nothing else is changed. The correlation between historical values of Lithium Chile's Net Debt and Total Current Liabilities 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 Lithium Chile are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., Lithium Chile's Net Debt and Total Current Liabilities 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.
Total Current Liabilities
Total Current Liabilities is an item on Lithium Chile balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lithium Chile are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Lithium Chile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lithium Chile 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 Lithium Chile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, Lithium Chile's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 84.1
M in 2024, despite the fact that
Tax Provision is likely to grow to (45.1
K).
Lithium Chile fundamental ratios Correlations
Click cells to compare fundamentals
Lithium Chile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lithium Chile fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Lithium Stock Analysis
When running Lithium Chile's price analysis, check to
measure Lithium Chile'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 Lithium Chile is operating at the current time. Most of Lithium Chile's value examination focuses on studying past and present price action to
predict the probability of Lithium Chile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Chile's price. Additionally, you may evaluate how the addition of Lithium Chile to your portfolios can decrease your overall portfolio volatility.