CleanTech Capital Stock vs Property Plant And Equipment Net Analysis
CTL Stock | 10.00 0.25 2.44% |
CleanTech Lithium financial indicator trend analysis is way more than just evaluating CleanTech Lithium plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CleanTech Lithium plc is a good investment. Please check the relationship between CleanTech Lithium Capital Stock and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanTech Lithium plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Capital Stock vs Property Plant And Equipment Net
Capital Stock vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CleanTech Lithium plc Capital Stock account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CleanTech Lithium's Capital Stock and Property Plant And Equipment Net is 0.87. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of CleanTech Lithium plc, assuming nothing else is changed. The correlation between historical values of CleanTech Lithium's Capital Stock and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of CleanTech Lithium plc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Capital Stock i.e., CleanTech Lithium's Capital Stock and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from CleanTech Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CleanTech Lithium plc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanTech Lithium plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Selling General Administrative is expected to grow to about 4.9 M. The current year's Issuance Of Capital Stock is expected to grow to about 8.2 M
CleanTech Lithium fundamental ratios Correlations
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CleanTech Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CleanTech Lithium fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 152.3K | 164.4K | 4.0M | 18.0M | 20.5M | 21.5M | |
Other Current Liab | 77.6K | 90.8K | 305.1K | 74.5K | 378.7K | 397.6K | |
Total Current Liabilities | 124.3K | 144.6K | 518.3K | 633.7K | 730.4K | 410.4K | |
Total Stockholder Equity | 28.0K | 20.2K | 3.5M | 17.3M | 19.8M | 20.8M | |
Property Plant And Equipment Net | 68.6K | 69.2K | 765.1K | 5.3M | 13.7M | 14.4M | |
Net Debt | (36.9K) | (41.3K) | (3.2M) | (12.4M) | (6.2M) | (5.9M) | |
Retained Earnings | (442.2K) | (557.4K) | (1.8M) | (5.6M) | (11.4M) | (10.9M) | |
Cash | 83.7K | 95.2K | 3.2M | 12.4M | 6.2M | 4.0M | |
Non Current Assets Total | 68.6K | 69.2K | 765.1K | 5.3M | 13.7M | 14.4M | |
Cash And Short Term Investments | 83.7K | 95.2K | 3.2M | 12.4M | 6.2M | 4.1M | |
Liabilities And Stockholders Equity | 152.3K | 164.4K | 4.0M | 18.0M | 20.5M | 21.5M | |
Total Liab | 124.3K | 144.1K | 518.3K | 633.7K | 730.4K | 410.3K | |
Total Current Assets | 83.7K | 95.2K | 3.3M | 12.6M | 6.8M | 4.2M | |
Accumulated Other Comprehensive Income | 14.5K | 5.28 | 5.3K | 1.8M | 4.9M | 5.2M | |
Common Stock | 455.6K | 2.0 | 5.1M | 21.1M | 26.3M | 27.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in CleanTech Stock
Balance Sheet is a snapshot of the financial position of CleanTech Lithium plc at a specified time, usually calculated after every quarter, six months, or one year. CleanTech Lithium Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CleanTech Lithium and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CleanTech currently owns. An asset can also be divided into two categories, current and non-current.