Lightbridge Accounts Payable vs Other Current Assets Analysis

LTBR Stock  USD 9.86  0.70  7.64%   
Lightbridge Corp financial indicator trend analysis is infinitely more than just investigating Lightbridge Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lightbridge Corp is a good investment. Please check the relationship between Lightbridge Corp Accounts Payable and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightbridge Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Lightbridge Stock, please use our How to Invest in Lightbridge Corp guide.

Accounts Payable vs Other Current Assets

Accounts Payable vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lightbridge Corp Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lightbridge Corp's Accounts Payable and Other Current Assets is -0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Lightbridge Corp, assuming nothing else is changed. The correlation between historical values of Lightbridge Corp's Accounts Payable and Other Current 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 Accounts Payable of Lightbridge Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Accounts Payable i.e., Lightbridge Corp's Accounts Payable and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Lightbridge Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Lightbridge Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Lightbridge Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lightbridge Corp 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 Lightbridge Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Lightbridge Stock, please use our How to Invest in Lightbridge Corp guide.At this time, Lightbridge Corp's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 02/26/2025, Enterprise Value Over EBITDA is likely to grow to 8.54, while Selling General Administrative is likely to drop slightly above 6.1 M.

Lightbridge Corp fundamental ratios Correlations

-0.06-0.030.990.18-0.97-0.880.99-0.161.00.380.90.95-0.21.0-0.36-0.36-0.56-0.13-0.35-0.58-0.150.10.440.9-0.35
-0.060.99-0.150.120.04-0.09-0.07-0.15-0.05-0.01-0.17-0.010.89-0.06-0.2-0.180.090.2-0.13-0.090.140.240.150.06-0.13
-0.030.99-0.120.130.01-0.12-0.04-0.11-0.02-0.01-0.140.020.87-0.02-0.23-0.210.070.19-0.13-0.140.130.250.190.1-0.12
0.99-0.15-0.120.16-0.96-0.850.99-0.150.990.380.90.94-0.290.99-0.33-0.33-0.59-0.14-0.35-0.57-0.150.080.410.88-0.34
0.180.120.130.160.010.010.08-0.070.170.220.160.140.050.18-0.19-0.19-0.250.82-0.12-0.230.730.820.22-0.02-0.18
-0.970.040.01-0.960.010.89-0.980.2-0.97-0.29-0.84-0.910.17-0.970.320.320.530.230.310.580.290.03-0.37-0.890.34
-0.88-0.09-0.12-0.850.010.89-0.870.04-0.87-0.43-0.79-0.94-0.01-0.870.650.640.280.240.450.440.2-0.12-0.68-0.930.25
0.99-0.07-0.040.990.08-0.98-0.87-0.21.00.350.910.95-0.190.99-0.3-0.3-0.54-0.23-0.35-0.57-0.24-0.010.380.91-0.38
-0.16-0.15-0.11-0.15-0.070.20.04-0.2-0.21-0.2-0.29-0.08-0.07-0.21-0.34-0.350.43-0.070.17-0.11-0.240.090.320.080.87
1.0-0.05-0.020.990.17-0.97-0.871.0-0.210.360.910.94-0.191.0-0.32-0.32-0.57-0.14-0.35-0.59-0.160.080.40.89-0.4
0.38-0.01-0.010.380.22-0.29-0.430.35-0.20.360.420.48-0.150.38-0.5-0.47-0.46-0.09-0.510.260.360.160.50.31-0.35
0.9-0.17-0.140.90.16-0.84-0.790.91-0.290.910.420.91-0.240.91-0.23-0.22-0.49-0.21-0.52-0.5-0.13-0.020.310.81-0.57
0.95-0.010.020.940.14-0.91-0.940.95-0.080.940.480.91-0.10.95-0.54-0.53-0.39-0.21-0.46-0.48-0.150.110.610.95-0.34
-0.20.890.87-0.290.050.17-0.01-0.19-0.07-0.19-0.15-0.24-0.1-0.19-0.21-0.210.380.130.02-0.010.080.190.17-0.01-0.02
1.0-0.06-0.020.990.18-0.97-0.870.99-0.211.00.380.910.95-0.19-0.34-0.34-0.58-0.13-0.36-0.57-0.130.090.420.89-0.4
-0.36-0.2-0.23-0.33-0.190.320.65-0.3-0.34-0.32-0.5-0.23-0.54-0.21-0.341.0-0.13-0.070.2-0.05-0.24-0.52-0.99-0.49-0.18
-0.36-0.18-0.21-0.33-0.190.320.64-0.3-0.35-0.32-0.47-0.22-0.53-0.21-0.341.0-0.15-0.070.13-0.06-0.23-0.52-0.99-0.48-0.2
-0.560.090.07-0.59-0.250.530.28-0.540.43-0.57-0.46-0.49-0.390.38-0.58-0.13-0.15-0.160.340.34-0.2-0.090.1-0.260.52
-0.130.20.19-0.140.820.230.24-0.23-0.07-0.14-0.09-0.21-0.210.13-0.13-0.07-0.07-0.160.03-0.150.770.880.05-0.34-0.05
-0.35-0.13-0.13-0.35-0.120.310.45-0.350.17-0.35-0.51-0.52-0.460.02-0.360.20.130.340.030.35-0.04-0.06-0.17-0.440.43
-0.58-0.09-0.14-0.57-0.230.580.44-0.57-0.11-0.590.26-0.5-0.48-0.01-0.57-0.05-0.060.34-0.150.350.29-0.120.02-0.590.12
-0.150.140.13-0.150.730.290.2-0.24-0.24-0.160.36-0.13-0.150.08-0.13-0.24-0.23-0.20.77-0.040.290.770.23-0.39-0.23
0.10.240.250.080.820.03-0.12-0.010.090.080.16-0.020.110.190.09-0.52-0.52-0.090.88-0.06-0.120.770.51-0.030.02
0.440.150.190.410.22-0.37-0.680.380.320.40.50.310.610.170.42-0.99-0.990.10.05-0.170.020.230.510.540.14
0.90.060.10.88-0.02-0.89-0.930.910.080.890.310.810.95-0.010.89-0.49-0.48-0.26-0.34-0.44-0.59-0.39-0.030.54-0.15
-0.35-0.13-0.12-0.34-0.180.340.25-0.380.87-0.4-0.35-0.57-0.34-0.02-0.4-0.18-0.20.52-0.050.430.12-0.230.020.14-0.15
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Lightbridge Corp Account Relationship Matchups

Lightbridge Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets21.8M25.0M29.5M29.4M33.8M35.5M
Other Current Liab4.4M71.5K150.3K386.3K347.7K330.3K
Total Current Liabilities4.6M171.5K350.3K486.3K559.3K531.3K
Total Stockholder Equity17.2M24.8M29.1M28.9M33.2M34.9M
Net Debt(21.5M)(24.7M)(28.9M)(28.6M)(25.7M)(24.5M)
Retained Earnings(129.2M)(137.0M)(144.5M)(152.4M)(137.2M)(130.3M)
Cash21.5M24.7M28.9M28.6M32.9M34.5M
Non Current Assets Total85.6K101.6K453.2K591.9K680.6K695.7K
Cash And Short Term Investments21.5M24.7M28.9M28.6M32.9M34.5M
Common Stock Shares Outstanding4.2M7.0M10.8M12.1M13.9M14.6M
Liabilities And Stockholders Equity21.8M25.0M29.5M29.4M33.8M35.5M
Other Stockholder Equity146.4M161.8M173.6M181.3M208.5M218.9M
Total Liab4.6M171.5K350.3K486.3K437.7K415.8K
Total Current Assets21.7M24.9M29.0M28.8M33.1M34.8M
Common Stock6.6K9.8K11.9K13.7K12.3K11.7K
Other Current Assets172.5K113.5K115.3K207.1K186.4K279.1K
Intangible Assets85.6K101.6K108.2K108.9K125.2K118.9K
Net Tangible Assets18.1M17.1M24.7M29.0M33.4M35.0M
Net Invested Capital17.2M24.8M29.1M28.9M33.2M23.8M
Net Working Capital17.1M24.7M28.7M28.3M32.6M22.8M
Capital Stock9.9K9.8K11.9K13.7K12.3K11.8K

Additional Tools for Lightbridge Stock Analysis

When running Lightbridge Corp's price analysis, check to measure Lightbridge Corp'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 Lightbridge Corp is operating at the current time. Most of Lightbridge Corp's value examination focuses on studying past and present price action to predict the probability of Lightbridge Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lightbridge Corp's price. Additionally, you may evaluate how the addition of Lightbridge Corp to your portfolios can decrease your overall portfolio volatility.