LITH Quick Ratio from 2010 to 2026

LITH Stock  USD 0.0001  0.00  0.000003%   
US Lithium's Quick Ratio is decreasing with slightly volatile movements from year to year. Quick Ratio is predicted to flatten to 0.29. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.31
Current Value
0.29
Quarterly Volatility
1.3117166
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check US Lithium financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among US Lithium's main balance sheet or income statement drivers, such as Interest Expense of 99.9 K, Selling General Administrative of 85.2 K or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. LITH financial statements analysis is a perfect complement when working with US Lithium Valuation or Volatility modules.
  
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Check out the analysis of US Lithium Correlation against competitors.

Latest US Lithium's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of US Lithium Corp over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. US Lithium's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in US Lithium's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

LITH Quick Ratio Regression Statistics

Arithmetic Mean0.48
Geometric Mean0.07
Coefficient Of Variation274.56
Mean Deviation0.60
Median0.27
Standard Deviation1.31
Sample Variance1.72
Range5.5419
R-Value(0.33)
Mean Square Error1.64
R-Squared0.11
Significance0.20
Slope(0.08)
Total Sum of Squares27.53

LITH Quick Ratio History

2026 0.29
2025 0.31
2018 0.27
2017 0.001096
2016 0.0528
2015 0.006624
2014 7.25E-4

About US Lithium Financial Statements

Investors use fundamental indicators, such as US Lithium's Quick Ratio, to determine how well the company is positioned to perform in the future. Although US Lithium's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 0.31  0.29 

Currently Active Assets on Macroaxis

When determining whether US Lithium Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of US Lithium's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Us Lithium Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Us Lithium Corp Stock:
Check out the analysis of US Lithium Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of US Lithium. If investors know LITH will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about US Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.22)
Return On Assets
(0.16)
Return On Equity
(5.98)
The market value of US Lithium Corp is measured differently than its book value, which is the value of LITH that is recorded on the company's balance sheet. Investors also form their own opinion of US Lithium's value that differs from its market value or its book value, called intrinsic value, which is US Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US Lithium's market value can be influenced by many factors that don't directly affect US Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between US Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.