CleanTech Common Stock vs Property Plant Equipment 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 Common Stock and its Property Plant Equipment 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.

Common Stock vs Property Plant Equipment

Common Stock vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CleanTech Lithium plc Common Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CleanTech Lithium's Common Stock and Property Plant Equipment is 0.85. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant Equipment 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 Common Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of CleanTech Lithium plc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Common Stock i.e., CleanTech Lithium's Common Stock and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

Property Plant Equipment

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

0.80.770.871.00.95-0.88-0.970.830.950.83-0.790.870.840.81.0-0.80.830.790.980.460.950.95-0.890.950.89
0.80.810.910.790.76-0.71-0.820.70.760.69-0.550.910.71.00.8-0.960.780.740.790.270.840.76-0.840.850.71
0.770.810.770.770.85-0.52-0.860.460.850.44-0.820.770.460.810.79-0.810.850.820.68-0.080.680.85-0.840.70.52
0.870.910.770.870.76-0.88-0.830.880.760.88-0.491.00.890.910.86-0.870.70.660.860.50.930.76-0.960.940.88
1.00.790.770.870.95-0.88-0.970.830.950.83-0.790.870.840.791.0-0.80.830.790.980.460.950.95-0.880.950.89
0.950.760.850.760.95-0.69-0.990.621.00.61-0.910.760.630.760.96-0.740.940.920.920.170.861.0-0.780.870.7
-0.88-0.71-0.52-0.88-0.88-0.690.75-0.99-0.69-0.990.44-0.88-0.99-0.71-0.860.75-0.5-0.46-0.89-0.8-0.92-0.690.87-0.9-1.0
-0.97-0.82-0.86-0.83-0.97-0.990.75-0.69-0.99-0.690.87-0.83-0.71-0.82-0.980.79-0.93-0.91-0.95-0.24-0.91-0.990.84-0.92-0.76
0.830.70.460.880.830.62-0.99-0.690.621.0-0.330.881.00.70.81-0.720.450.410.850.840.90.62-0.840.890.99
0.950.760.850.760.951.0-0.69-0.990.620.61-0.910.760.630.760.96-0.740.940.920.920.170.861.0-0.780.870.7
0.830.690.440.880.830.61-0.99-0.691.00.61-0.320.881.00.690.81-0.710.440.40.850.840.90.61-0.830.890.99
-0.79-0.55-0.82-0.49-0.79-0.910.440.87-0.33-0.91-0.32-0.49-0.34-0.55-0.810.58-0.84-0.82-0.70.1-0.59-0.910.61-0.61-0.44
0.870.910.771.00.870.76-0.88-0.830.880.760.88-0.490.890.910.86-0.870.70.660.860.50.930.76-0.960.940.88
0.840.70.460.890.840.63-0.99-0.711.00.631.0-0.340.890.70.82-0.710.470.430.870.830.920.63-0.840.90.99
0.81.00.810.910.790.76-0.71-0.820.70.760.69-0.550.910.70.8-0.960.780.740.790.270.840.76-0.840.850.71
1.00.80.790.861.00.96-0.86-0.980.810.960.81-0.810.860.820.8-0.80.850.810.980.420.950.96-0.880.950.87
-0.8-0.96-0.81-0.87-0.8-0.740.750.79-0.72-0.74-0.710.58-0.87-0.71-0.96-0.8-0.69-0.63-0.75-0.34-0.79-0.740.87-0.79-0.74
0.830.780.850.70.830.94-0.5-0.930.450.940.44-0.840.70.470.780.85-0.691.00.82-0.060.780.94-0.680.80.51
0.790.740.820.660.790.92-0.46-0.910.410.920.4-0.820.660.430.740.81-0.631.00.79-0.10.750.92-0.630.780.47
0.980.790.680.860.980.92-0.89-0.950.850.920.85-0.70.860.870.790.98-0.750.820.790.520.980.92-0.820.980.89
0.460.27-0.080.50.460.17-0.8-0.240.840.170.840.10.50.830.270.42-0.34-0.06-0.10.520.560.17-0.450.530.8
0.950.840.680.930.950.86-0.92-0.910.90.860.9-0.590.930.920.840.95-0.790.780.750.980.560.86-0.871.00.92
0.950.760.850.760.951.0-0.69-0.990.621.00.61-0.910.760.630.760.96-0.740.940.920.920.170.86-0.780.870.7
-0.89-0.84-0.84-0.96-0.88-0.780.870.84-0.84-0.78-0.830.61-0.96-0.84-0.84-0.880.87-0.68-0.63-0.82-0.45-0.87-0.78-0.87-0.86
0.950.850.70.940.950.87-0.9-0.920.890.870.89-0.610.940.90.850.95-0.790.80.780.980.531.00.87-0.870.9
0.890.710.520.880.890.7-1.0-0.760.990.70.99-0.440.880.990.710.87-0.740.510.470.890.80.920.7-0.860.9
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CleanTech Lithium Account Relationship Matchups

CleanTech Lithium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets152.3K164.4K4.0M18.0M20.5M21.5M
Other Current Liab77.6K90.8K305.1K74.5K378.7K397.6K
Total Current Liabilities124.3K144.6K518.3K633.7K730.4K410.4K
Total Stockholder Equity28.0K20.2K3.5M17.3M19.8M20.8M
Property Plant And Equipment Net68.6K69.2K765.1K5.3M13.7M14.4M
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)
Cash83.7K95.2K3.2M12.4M6.2M4.0M
Non Current Assets Total68.6K69.2K765.1K5.3M13.7M14.4M
Cash And Short Term Investments83.7K95.2K3.2M12.4M6.2M4.1M
Liabilities And Stockholders Equity152.3K164.4K4.0M18.0M20.5M21.5M
Total Liab124.3K144.1K518.3K633.7K730.4K410.3K
Total Current Assets83.7K95.2K3.3M12.6M6.8M4.2M
Accumulated Other Comprehensive Income14.5K5.285.3K1.8M4.9M5.2M
Common Stock455.6K2.05.1M21.1M26.3M27.6M

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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.