| LTR Stock | | | 0.55 0.05 8.33% |
Liontown Resources financial indicator trend analysis is infinitely more than just investigating Liontown Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Liontown Resources is a good investment. Please check the relationship between Liontown Resources Cash And Short Term Investments and its Other Current Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liontown Resources. 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.
Cash And Short Term Investments vs Other Current Assets
Cash And Short Term Investments vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Liontown Resources Cash And Short Term Investments account and
Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Liontown Resources' Cash And Short Term Investments and Other Current Assets is 0.31. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Liontown Resources, assuming nothing else is changed. The correlation between historical values of Liontown Resources' Cash And Short Term Investments 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 Cash And Short Term Investments of Liontown Resources 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 Cash And Short Term Investments i.e., Liontown Resources' Cash And Short Term Investments and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.31 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Liontown Resources balance sheet. This account contains Liontown Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Liontown Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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 Liontown Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Liontown 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 Liontown Resources. 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, Liontown Resources'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to 6,300 in 2024, despite the fact that
Discontinued Operations is likely to grow to (5.6
K).
Liontown Resources fundamental ratios Correlations
Click cells to compare fundamentals
Liontown Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Liontown Resources fundamental ratios Accounts
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Additional Tools for Liontown Stock Analysis
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measure Liontown Resources' 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 Liontown Resources is operating at the current time. Most of Liontown Resources' value examination focuses on studying past and present price action to
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