Argentina Lithium Current Valuation vs. Current Ratio
| LIT Stock | CAD 0.14 0.00 0.00% |
For Argentina Lithium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Argentina Lithium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Argentina Lithium Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Argentina Lithium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Argentina Lithium Energy over time as well as its relative position and ranking within its peers.
Argentina |
Argentina Lithium Energy Current Ratio vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Argentina Lithium's current stock value. Our valuation model uses many indicators to compare Argentina Lithium value to that of its competitors to determine the firm's financial worth. Argentina Lithium Energy is rated second overall in current valuation category among its peers. It is rated below average in current ratio category among its peers . The ratio of Current Valuation to Current Ratio for Argentina Lithium Energy is about 255,676,786 . At this time, Argentina Lithium's Current Ratio is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Argentina Lithium's earnings, one of the primary drivers of an investment's value.Argentina Current Valuation vs. Competition
Argentina Lithium Energy is rated second overall in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is now estimated at about 170.83 Million. Argentina Lithium retains roughly 17.9 Million in current valuation claiming about 10% of all equities under Materials industry.
Argentina Current Ratio vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Argentina Lithium |
| = | 17.9 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Argentina Lithium |
| = | 0.07 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Argentina Current Ratio Comparison
Argentina Lithium is currently under evaluation in current ratio category among its peers.
Argentina Lithium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Argentina Lithium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Argentina Lithium will eventually generate negative long term returns. The profitability progress is the general direction of Argentina Lithium's change in net profit over the period of time. It can combine multiple indicators of Argentina Lithium, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 14.9 M | 15.6 M | |
| Operating Income | -13.6 M | -12.9 M | |
| Net Loss | -56 M | -53.2 M | |
| Income Tax Expense | -10.1 M | -9.6 M | |
| Income Before Tax | -56 M | -53.2 M | |
| Total Other Income Expense Net | -42.4 M | -40.3 M | |
| Net Loss | -56 M | -53.2 M | |
| Net Loss | -7.6 M | -7.3 M | |
| Net Interest Income | 1.1 M | 1.1 M | |
| Interest Income | 1.1 M | 1.1 M | |
| Change To Netincome | 2.1 M | 2.2 M | |
| Net Loss | (0.35) | (0.37) | |
| Income Quality | 2.10 | 2.21 | |
| Net Income Per E B T | 0.94 | 0.98 |
Argentina Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Argentina Lithium. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Argentina Lithium position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Argentina Lithium's important profitability drivers and their relationship over time.
Use Argentina Lithium in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Argentina Lithium position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Argentina Lithium will appreciate offsetting losses from the drop in the long position's value.Argentina Lithium Pair Trading
Argentina Lithium Energy Pair Trading Analysis
The ability to find closely correlated positions to Argentina Lithium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Argentina Lithium when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Argentina Lithium - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Argentina Lithium Energy to buy it.
The correlation of Argentina Lithium is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Argentina Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Argentina Lithium Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Argentina Lithium can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Argentina Lithium position
In addition to having Argentina Lithium in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Recycling Thematic Idea Now
Recycling
West management companies as well as entities specializing in pollution control and recycling. The Recycling theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recycling Theme or any other thematic opportunities.
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Additional Tools for Argentina Stock Analysis
When running Argentina Lithium's price analysis, check to measure Argentina Lithium'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 Argentina Lithium is operating at the current time. Most of Argentina Lithium's value examination focuses on studying past and present price action to predict the probability of Argentina Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argentina Lithium's price. Additionally, you may evaluate how the addition of Argentina Lithium to your portfolios can decrease your overall portfolio volatility.