Foremost Debt Ratio from 2010 to 2024

FMSTW Stock   0.32  0.08  33.33%   
Foremost Lithium Debt Ratio yearly trend continues to be fairly stable with very little volatility. Debt Ratio will likely drop to 0.07 in 2024. During the period from 2010 to 2024, Foremost Lithium Debt Ratio regression line of quarterly data had mean square error of  0 and geometric mean of  0.03. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.06859026
Current Value
0.0684
Quarterly Volatility
0.08683592
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Foremost Lithium financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Foremost Lithium's main balance sheet or income statement drivers, such as Selling General Administrative of 2.4 M, Other Operating Expenses of 2.5 M or Total Operating Expenses of 2.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.33. Foremost financial statements analysis is a perfect complement when working with Foremost Lithium Valuation or Volatility modules.
  
Check out the analysis of Foremost Lithium Correlation against competitors.

Latest Foremost Lithium's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Foremost Lithium Resource over the last few years. It is Foremost Lithium's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Foremost Lithium's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Foremost Debt Ratio Regression Statistics

Arithmetic Mean0.09
Geometric Mean0.03
Coefficient Of Variation95.19
Mean Deviation0.07
Median0.07
Standard Deviation0.09
Sample Variance0.01
Range0.2046
R-Value(0.71)
Mean Square Error0
R-Squared0.50
Significance0
Slope(0.01)
Total Sum of Squares0.11

Foremost Debt Ratio History

2024 0.0684
2023 0.0686
2022 0.0945
2021 0.005999
2020 0.007097
2019 0.001263
2018 8.54E-4

Other Fundumenentals of Foremost Lithium Resource

Foremost Lithium Debt Ratio component correlations

1.00.13-0.930.990.970.530.920.86-0.960.590.90.85-0.890.860.88-0.72-0.72
1.00.09-0.940.990.950.540.930.83-0.960.590.910.82-0.870.830.86-0.69-0.71
0.130.09-0.060.130.25-0.75-0.180.33-0.080.370.110.35-0.370.360.34-0.38-0.18
-0.93-0.94-0.06-0.95-0.83-0.47-0.86-0.640.86-0.77-0.97-0.690.81-0.63-0.770.530.51
0.990.990.13-0.950.960.510.90.83-0.950.650.910.82-0.890.820.87-0.69-0.7
0.970.950.25-0.830.960.440.850.95-0.940.530.810.92-0.930.950.92-0.81-0.77
0.530.54-0.75-0.470.510.440.730.36-0.55-0.020.410.31-0.280.330.31-0.23-0.35
0.920.93-0.18-0.860.90.850.730.74-0.860.440.840.72-0.790.730.76-0.62-0.58
0.860.830.33-0.640.830.950.360.74-0.830.360.650.93-0.881.00.88-0.92-0.71
-0.96-0.96-0.080.86-0.95-0.94-0.55-0.86-0.83-0.49-0.82-0.840.84-0.83-0.880.620.81
0.590.590.37-0.770.650.53-0.020.440.36-0.490.770.48-0.670.350.6-0.31-0.22
0.90.910.11-0.970.910.810.410.840.65-0.820.770.75-0.80.640.8-0.57-0.39
0.850.820.35-0.690.820.920.310.720.93-0.840.480.75-0.90.930.97-0.83-0.6
-0.89-0.87-0.370.81-0.89-0.93-0.28-0.79-0.880.84-0.67-0.8-0.9-0.88-0.960.790.66
0.860.830.36-0.630.820.950.330.731.0-0.830.350.640.93-0.880.88-0.92-0.72
0.880.860.34-0.770.870.920.310.760.88-0.880.60.80.97-0.960.88-0.74-0.66
-0.72-0.69-0.380.53-0.69-0.81-0.23-0.62-0.920.62-0.31-0.57-0.830.79-0.92-0.740.43
-0.72-0.71-0.180.51-0.7-0.77-0.35-0.58-0.710.81-0.22-0.39-0.60.66-0.72-0.660.43
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About Foremost Lithium Financial Statements

Foremost Lithium investors use historical fundamental indicators, such as Foremost Lithium's Debt Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Foremost Lithium. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Ratio 0.07  0.07 
Cash Flow To Debt Ratio(3.33)(3.50)

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When running Foremost Lithium's price analysis, check to measure Foremost 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 Foremost Lithium is operating at the current time. Most of Foremost Lithium's value examination focuses on studying past and present price action to predict the probability of Foremost 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 Foremost Lithium's price. Additionally, you may evaluate how the addition of Foremost Lithium to your portfolios can decrease your overall portfolio volatility.