| LTR Stock | | | 0.60 0.01 1.64% |
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 Total Current Liabilities and its Non Current Assets Total 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.
Total Current Liabilities vs Non Current Assets Total
Total Current Liabilities vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Liontown Resources Total Current Liabilities account and
Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Liontown Resources' Total Current Liabilities and Non Current Assets Total is 0.98. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total 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' Total Current Liabilities and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Liontown Resources are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Liontown Resources' Total Current Liabilities and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Liontown Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Liontown Resources 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.
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.
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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