| 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 Property Plant And Equipment Net and its Total Assets 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.
Property Plant And Equipment Net vs Total Assets
Property Plant And Equipment Net vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lithium Chile Property Plant And Equipment Net account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lithium Chile's Property Plant And Equipment Net and Total Assets is 0.93. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets 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 Property Plant And Equipment Net and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Lithium Chile are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Lithium Chile's Property Plant And Equipment Net and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Total Assets
Total assets refers to the total amount of Lithium Chile 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 Lithium Chile 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.
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
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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.