Labyrinth Non Current Assets Total vs Net Debt Analysis

LRL Stock   0.26  0.01  4.00%   
Labyrinth Resources financial indicator trend analysis is infinitely more than just investigating Labyrinth Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Labyrinth Resources is a good investment. Please check the relationship between Labyrinth Resources Non Current Assets Total and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Labyrinth Resources Limited. 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.

Non Current Assets Total vs Net Debt

Non Current Assets Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Labyrinth Resources Non Current Assets Total account and Net Debt. At this time, the significance of the direction appears to have no relationship.
Non Current Assets TotalNet DebtDiversified AwayNon Current Assets TotalNet DebtDiversified Away100%
The correlation between Labyrinth Resources' Non Current Assets Total and Net Debt is 0.0. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Labyrinth Resources Limited, assuming nothing else is changed. The correlation between historical values of Labyrinth Resources' Non Current Assets Total 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 Non Current Assets Total of Labyrinth Resources Limited 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 Non Current Assets Total i.e., Labyrinth Resources' Non Current Assets Total and Net Debt go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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 Labyrinth Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Labyrinth Resources 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 Labyrinth Resources Limited. 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.
Issuance Of Capital Stock is likely to gain to about 2.6 M in 2025, whereas Selling General Administrative is likely to drop slightly above 562.1 K in 2025.

Labyrinth Resources fundamental ratios Correlations

0.670.90.86-0.170.06-0.050.88-0.050.640.910.30.130.03-0.040.850.150.34-0.270.690.20.180.2-0.240.86-0.18
0.670.370.420.18-0.08-0.380.38-0.380.190.720.730.150.330.230.380.010.76-0.280.50.210.70.23-0.270.43-0.55
0.90.370.91-0.350.150.20.90.20.770.790.010.1-0.24-0.090.860.010.0-0.190.750.16-0.150.1-0.140.90.13
0.860.420.910.010.150.020.960.020.750.84-0.120.09-0.420.180.89-0.14-0.07-0.220.740.18-0.240.07-0.160.970.2
-0.170.18-0.350.01-0.01-0.670.0-0.67-0.120.07-0.2-0.05-0.30.75-0.05-0.04-0.070.0-0.060.02-0.07-0.1-0.010.030.04
0.06-0.080.150.15-0.01-0.220.1-0.220.150.03-0.16-0.9-0.35-0.090.11-0.2-0.120.920.12-0.89-0.14-0.950.940.210.03
-0.05-0.380.20.02-0.67-0.22-0.021.00.01-0.21-0.150.25-0.09-0.3-0.05-0.24-0.31-0.22-0.020.22-0.30.27-0.21-0.030.23
0.880.380.90.960.00.1-0.02-0.020.740.88-0.180.14-0.380.180.960.13-0.12-0.250.760.21-0.290.1-0.190.950.24
-0.05-0.380.20.02-0.67-0.221.0-0.020.01-0.21-0.150.25-0.09-0.3-0.05-0.24-0.31-0.22-0.020.22-0.30.27-0.21-0.030.23
0.640.190.770.75-0.120.150.010.740.010.6-0.20.05-0.340.090.7-0.09-0.2-0.120.680.1-0.320.02-0.080.720.25
0.910.720.790.840.070.03-0.210.88-0.210.60.180.2-0.110.280.90.190.26-0.270.820.260.10.16-0.240.860.0
0.30.730.01-0.12-0.2-0.16-0.15-0.18-0.15-0.20.180.130.78-0.31-0.170.00.97-0.16-0.070.120.980.26-0.2-0.1-0.78
0.130.150.10.09-0.05-0.90.250.140.250.050.20.130.240.070.110.190.1-0.890.050.990.070.91-0.910.040.13
0.030.33-0.24-0.42-0.3-0.35-0.09-0.38-0.09-0.34-0.110.780.24-0.51-0.310.350.76-0.2-0.380.170.790.37-0.24-0.44-0.65
-0.040.23-0.090.180.75-0.09-0.30.18-0.30.090.28-0.310.07-0.510.2-0.13-0.22-0.130.40.15-0.260.01-0.140.230.2
0.850.380.860.89-0.050.11-0.050.96-0.050.70.9-0.170.11-0.310.20.27-0.08-0.190.790.17-0.270.07-0.150.90.22
0.150.010.01-0.14-0.04-0.2-0.240.13-0.24-0.090.190.00.190.35-0.130.270.08-0.140.00.140.050.18-0.15-0.07-0.03
0.340.760.0-0.07-0.07-0.12-0.31-0.12-0.31-0.20.260.970.10.76-0.22-0.080.08-0.12-0.070.10.960.23-0.18-0.03-0.77
-0.27-0.28-0.19-0.220.00.92-0.22-0.25-0.22-0.12-0.27-0.16-0.89-0.2-0.13-0.19-0.14-0.12-0.18-0.93-0.1-0.970.99-0.140.06
0.690.50.750.74-0.060.12-0.020.76-0.020.680.82-0.070.05-0.380.40.790.0-0.07-0.180.13-0.150.02-0.110.740.15
0.20.210.160.180.02-0.890.220.210.220.10.260.120.990.170.150.170.140.1-0.930.130.060.92-0.940.130.09
0.180.7-0.15-0.24-0.07-0.14-0.3-0.29-0.3-0.320.10.980.070.79-0.26-0.270.050.96-0.1-0.150.060.2-0.14-0.22-0.79
0.20.230.10.07-0.1-0.950.270.10.270.020.160.260.910.370.010.070.180.23-0.970.020.920.2-0.980.01-0.14
-0.24-0.27-0.14-0.16-0.010.94-0.21-0.19-0.21-0.08-0.24-0.2-0.91-0.24-0.14-0.15-0.15-0.180.99-0.11-0.94-0.14-0.98-0.110.1
0.860.430.90.970.030.21-0.030.95-0.030.720.86-0.10.04-0.440.230.9-0.07-0.03-0.140.740.13-0.220.01-0.110.19
-0.18-0.550.130.20.040.030.230.240.230.250.0-0.780.13-0.650.20.22-0.03-0.770.060.150.09-0.79-0.140.10.19
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Labyrinth Resources Account Relationship Matchups

Labyrinth Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.9M27.2M25.9M25.2M29.0M40.8M
Total Current Liabilities2.1M4.5M2.5M20.2M23.2M24.4M
Total Stockholder Equity7.7M10.9M6.7M5.0M5.8M5.5M
Property Plant And Equipment Net4.3M23.8M171.6K4.0M4.6M4.3M
Net Debt(4.6M)(2.4M)(418.2K)(287.1K)(330.1K)(346.6K)
Retained Earnings(288.3M)(295.3M)(301.4M)(304.7M)(274.2M)(260.5M)
Cash4.6M2.4M418.2K287.1K330.1K313.6K
Non Current Assets Total4.3M23.8M25.1M4.1M4.7M4.5M
Cash And Short Term Investments4.6M2.4M418.2K287.1K330.1K313.6K
Net Receivables(89.3K)780.7K242.5K15.7K18.1K17.2K
Liabilities And Stockholders Equity9.9M27.2M25.9M25.2M29.0M40.8M
Total Liab2.1M16.3M19.2M20.2M23.2M12.8M
Total Current Assets5.6M3.4M764.9K21.1M24.3M25.5M
Common Stock295.9M304.9M306.2M307.8M354.0M187.0M
Common Stock Shares Outstanding561.1M785.1M945.9M1.2B1.3B1.4B
Other Current Liab1.8M3.7M2.1M19.9M22.9M24.0M
Accounts Payable50.1K579.7K264.4K286.8K329.8K313.3K
Other Current Assets1.1M182.6K104.2K20.8M23.9M25.1M
Net Invested Capital7.7M10.9M6.7M5.0M4.5M7.2M
Capital Stock295.9M304.9M306.2M307.8M354.0M331.1M
Net Working Capital3.5M(1.1M)(1.8M)935.7K842.2K669.7K
Property Plant And Equipment Gross4.3M23.8M25.1M4.0M4.6M4.3M

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