CleanTech Operating Income vs Net Income 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 Operating Income and its Net Income 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.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CleanTech Lithium plc Operating Income account and Net Income. At this time, the significance of the direction appears to have totally related.

The correlation between CleanTech Lithium's Operating Income and Net Income is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income 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 Operating Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of CleanTech Lithium plc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., CleanTech Lithium's Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Operating Income

Operating Income is the amount of profit realized from CleanTech Lithium plc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CleanTech Lithium plc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in CleanTech Lithium plc financial statement analysis. It represents the amount of money remaining after all of CleanTech Lithium plc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Property Plant Equipment	Other Liab	Common Stock Shares Outstanding	Non Current Liabilities Total	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Capital Stock	Net Working Capital
Total Assets		0.8	0.77	0.87	1.0	0.95	-0.88	-0.97	0.83	0.95	0.83	-0.79	0.87	0.84	0.8	1.0	-0.8	0.83	0.79	0.98	0.46	0.95	0.95	-0.89	0.95	0.89
Short Long Term Debt Total	0.8		0.81	0.91	0.79	0.76	-0.71	-0.82	0.7	0.76	0.69	-0.55	0.91	0.7	1.0	0.8	-0.96	0.78	0.74	0.79	0.27	0.84	0.76	-0.84	0.85	0.71
Other Current Liab	0.77	0.81		0.77	0.77	0.85	-0.52	-0.86	0.46	0.85	0.44	-0.82	0.77	0.46	0.81	0.79	-0.81	0.85	0.82	0.68	-0.08	0.68	0.85	-0.84	0.7	0.52
Total Current Liabilities	0.87	0.91	0.77		0.87	0.76	-0.88	-0.83	0.88	0.76	0.88	-0.49	1.0	0.89	0.91	0.86	-0.87	0.7	0.66	0.86	0.5	0.93	0.76	-0.96	0.94	0.88
Total Stockholder Equity	1.0	0.79	0.77	0.87		0.95	-0.88	-0.97	0.83	0.95	0.83	-0.79	0.87	0.84	0.79	1.0	-0.8	0.83	0.79	0.98	0.46	0.95	0.95	-0.88	0.95	0.89
Property Plant And Equipment Net	0.95	0.76	0.85	0.76	0.95		-0.69	-0.99	0.62	1.0	0.61	-0.91	0.76	0.63	0.76	0.96	-0.74	0.94	0.92	0.92	0.17	0.86	1.0	-0.78	0.87	0.7
Net Debt	-0.88	-0.71	-0.52	-0.88	-0.88	-0.69		0.75	-0.99	-0.69	-0.99	0.44	-0.88	-0.99	-0.71	-0.86	0.75	-0.5	-0.46	-0.89	-0.8	-0.92	-0.69	0.87	-0.9	-1.0
Retained Earnings	-0.97	-0.82	-0.86	-0.83	-0.97	-0.99	0.75		-0.69	-0.99	-0.69	0.87	-0.83	-0.71	-0.82	-0.98	0.79	-0.93	-0.91	-0.95	-0.24	-0.91	-0.99	0.84	-0.92	-0.76
Cash	0.83	0.7	0.46	0.88	0.83	0.62	-0.99	-0.69		0.62	1.0	-0.33	0.88	1.0	0.7	0.81	-0.72	0.45	0.41	0.85	0.84	0.9	0.62	-0.84	0.89	0.99
Non Current Assets Total	0.95	0.76	0.85	0.76	0.95	1.0	-0.69	-0.99	0.62		0.61	-0.91	0.76	0.63	0.76	0.96	-0.74	0.94	0.92	0.92	0.17	0.86	1.0	-0.78	0.87	0.7
Cash And Short Term Investments	0.83	0.69	0.44	0.88	0.83	0.61	-0.99	-0.69	1.0	0.61		-0.32	0.88	1.0	0.69	0.81	-0.71	0.44	0.4	0.85	0.84	0.9	0.61	-0.83	0.89	0.99
Short Term Investments	-0.79	-0.55	-0.82	-0.49	-0.79	-0.91	0.44	0.87	-0.33	-0.91	-0.32		-0.49	-0.34	-0.55	-0.81	0.58	-0.84	-0.82	-0.7	0.1	-0.59	-0.91	0.61	-0.61	-0.44
Total Liab	0.87	0.91	0.77	1.0	0.87	0.76	-0.88	-0.83	0.88	0.76	0.88	-0.49		0.89	0.91	0.86	-0.87	0.7	0.66	0.86	0.5	0.93	0.76	-0.96	0.94	0.88
Total Current Assets	0.84	0.7	0.46	0.89	0.84	0.63	-0.99	-0.71	1.0	0.63	1.0	-0.34	0.89		0.7	0.82	-0.71	0.47	0.43	0.87	0.83	0.92	0.63	-0.84	0.9	0.99
Short Term Debt	0.8	1.0	0.81	0.91	0.79	0.76	-0.71	-0.82	0.7	0.76	0.69	-0.55	0.91	0.7		0.8	-0.96	0.78	0.74	0.79	0.27	0.84	0.76	-0.84	0.85	0.71
Common Stock	1.0	0.8	0.79	0.86	1.0	0.96	-0.86	-0.98	0.81	0.96	0.81	-0.81	0.86	0.82	0.8		-0.8	0.85	0.81	0.98	0.42	0.95	0.96	-0.88	0.95	0.87
Net Tangible Assets	-0.8	-0.96	-0.81	-0.87	-0.8	-0.74	0.75	0.79	-0.72	-0.74	-0.71	0.58	-0.87	-0.71	-0.96	-0.8		-0.69	-0.63	-0.75	-0.34	-0.79	-0.74	0.87	-0.79	-0.74
Property Plant Equipment	0.83	0.78	0.85	0.7	0.83	0.94	-0.5	-0.93	0.45	0.94	0.44	-0.84	0.7	0.47	0.78	0.85	-0.69		1.0	0.82	-0.06	0.78	0.94	-0.68	0.8	0.51
Other Liab	0.79	0.74	0.82	0.66	0.79	0.92	-0.46	-0.91	0.41	0.92	0.4	-0.82	0.66	0.43	0.74	0.81	-0.63	1.0		0.79	-0.1	0.75	0.92	-0.63	0.78	0.47
Common Stock Shares Outstanding	0.98	0.79	0.68	0.86	0.98	0.92	-0.89	-0.95	0.85	0.92	0.85	-0.7	0.86	0.87	0.79	0.98	-0.75	0.82	0.79		0.52	0.98	0.92	-0.82	0.98	0.89
Non Current Liabilities Total	0.46	0.27	-0.08	0.5	0.46	0.17	-0.8	-0.24	0.84	0.17	0.84	0.1	0.5	0.83	0.27	0.42	-0.34	-0.06	-0.1	0.52		0.56	0.17	-0.45	0.53	0.8
Net Invested Capital	0.95	0.84	0.68	0.93	0.95	0.86	-0.92	-0.91	0.9	0.86	0.9	-0.59	0.93	0.92	0.84	0.95	-0.79	0.78	0.75	0.98	0.56		0.86	-0.87	1.0	0.92
Property Plant And Equipment Gross	0.95	0.76	0.85	0.76	0.95	1.0	-0.69	-0.99	0.62	1.0	0.61	-0.91	0.76	0.63	0.76	0.96	-0.74	0.94	0.92	0.92	0.17	0.86		-0.78	0.87	0.7
Short Long Term Debt	-0.89	-0.84	-0.84	-0.96	-0.88	-0.78	0.87	0.84	-0.84	-0.78	-0.83	0.61	-0.96	-0.84	-0.84	-0.88	0.87	-0.68	-0.63	-0.82	-0.45	-0.87	-0.78		-0.87	-0.86
Capital Stock	0.95	0.85	0.7	0.94	0.95	0.87	-0.9	-0.92	0.89	0.87	0.89	-0.61	0.94	0.9	0.85	0.95	-0.79	0.8	0.78	0.98	0.53	1.0	0.87	-0.87		0.9
Net Working Capital	0.89	0.71	0.52	0.88	0.89	0.7	-1.0	-0.76	0.99	0.7	0.99	-0.44	0.88	0.99	0.71	0.87	-0.74	0.51	0.47	0.89	0.8	0.92	0.7	-0.86	0.9

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CleanTech Lithium Account Relationship Matchups

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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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.

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CleanTech Operating Income vs Net Income Analysis

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

Correlation Coefficient

Operating Income

Net Income

CleanTech Lithium fundamental ratios Correlations

CleanTech Lithium Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CleanTech Lithium fundamental ratios Accounts

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Other Information on Investing in CleanTech Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Net Working Capital	- 1.0	Net Debt
Property Plant And Equipment Gross	- 0.99	Retained Earnings
Non Current Assets Total	- 0.99	Retained Earnings
Total Current Assets	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt