CleanTech Other Current Assets vs Property Plant And Equipment Gross Analysis

CTL Stock   17.50  0.75  4.48%   
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 Other Current Assets and its Property Plant And Equipment Gross 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.

Other Current Assets vs Property Plant And Equipment Gross

Other Current Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CleanTech Lithium plc Other Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have totally related.
The correlation between CleanTech Lithium's Other Current Assets and Property Plant And Equipment Gross is 1.0. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Gross 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 Other Current Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of CleanTech Lithium plc are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Current Assets i.e., CleanTech Lithium's Other Current Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Property Plant And Equipment Gross

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 5.6 M, whereas Issuance Of Capital Stock is forecasted to decline to about 8.2 M.

CleanTech Lithium fundamental ratios Correlations

0.80.850.971.00.97-0.85-0.980.830.970.83-0.710.970.840.81.0-0.820.760.710.950.341.00.961.00.880.97
0.80.820.870.80.76-0.71-0.80.750.760.74-0.510.870.751.00.8-0.960.740.690.830.250.80.760.810.750.75
0.850.820.920.850.9-0.56-0.890.540.90.53-0.730.920.550.820.86-0.820.780.740.77-0.10.850.90.870.590.89
0.970.870.920.970.92-0.84-0.950.820.920.82-0.691.00.830.870.97-0.890.740.690.890.30.970.920.970.860.92
1.00.80.850.970.97-0.85-0.980.830.970.83-0.710.970.840.81.0-0.810.760.710.950.341.00.971.00.880.97
0.970.760.90.920.97-0.68-0.980.661.00.66-0.780.920.680.760.97-0.760.820.780.920.090.971.00.970.731.0
-0.85-0.71-0.56-0.84-0.85-0.680.77-0.99-0.68-0.990.37-0.84-0.98-0.71-0.830.76-0.43-0.37-0.79-0.76-0.85-0.68-0.83-0.99-0.68
-0.98-0.8-0.89-0.95-0.98-0.980.77-0.76-0.98-0.750.65-0.95-0.77-0.8-0.980.8-0.72-0.68-0.94-0.19-0.98-0.98-0.98-0.8-0.98
0.830.750.540.820.830.66-0.99-0.760.661.0-0.30.821.00.750.81-0.760.450.40.830.750.830.660.810.990.66
0.970.760.90.920.971.0-0.68-0.980.660.66-0.780.920.680.760.97-0.760.820.780.920.090.971.00.970.731.0
0.830.740.530.820.830.66-0.99-0.751.00.66-0.30.821.00.740.81-0.740.450.40.830.760.830.660.810.990.66
-0.71-0.51-0.73-0.69-0.71-0.780.370.65-0.3-0.78-0.3-0.69-0.31-0.51-0.720.53-0.84-0.82-0.570.09-0.71-0.78-0.72-0.41-0.78
0.970.870.921.00.970.92-0.84-0.950.820.920.82-0.690.830.870.97-0.890.740.690.890.30.970.920.970.860.92
0.840.750.550.830.840.68-0.98-0.771.00.681.0-0.310.830.750.82-0.750.470.420.850.740.840.680.820.990.68
0.81.00.820.870.80.76-0.71-0.80.750.760.74-0.510.870.750.8-0.960.740.690.830.250.80.760.810.750.75
1.00.80.860.971.00.97-0.83-0.980.810.970.81-0.720.970.820.8-0.810.770.730.950.31.00.971.00.860.97
-0.82-0.96-0.82-0.89-0.81-0.760.760.8-0.76-0.76-0.740.53-0.89-0.75-0.96-0.81-0.64-0.57-0.76-0.3-0.81-0.75-0.82-0.78-0.75
0.760.740.780.740.760.82-0.43-0.720.450.820.45-0.840.740.470.740.77-0.641.00.79-0.060.760.820.770.510.82
0.710.690.740.690.710.78-0.37-0.680.40.780.4-0.820.690.420.690.73-0.571.00.76-0.090.710.780.730.460.79
0.950.830.770.890.950.92-0.79-0.940.830.920.83-0.570.890.850.830.95-0.760.790.760.330.950.920.950.850.92
0.340.25-0.10.30.340.09-0.76-0.190.750.090.760.090.30.740.250.3-0.3-0.06-0.090.330.340.090.30.720.1
1.00.80.850.971.00.97-0.85-0.980.830.970.83-0.710.970.840.81.0-0.810.760.710.950.340.961.00.880.97
0.960.760.90.920.971.0-0.68-0.980.661.00.66-0.780.920.680.760.97-0.750.820.780.920.090.960.970.731.0
1.00.810.870.971.00.97-0.83-0.980.810.970.81-0.720.970.820.811.0-0.820.770.730.950.31.00.970.860.97
0.880.750.590.860.880.73-0.99-0.80.990.730.99-0.410.860.990.750.86-0.780.510.460.850.720.880.730.860.73
0.970.750.890.920.971.0-0.68-0.980.661.00.66-0.780.920.680.750.97-0.750.820.790.920.10.971.00.970.73
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CleanTech Lithium Account Relationship Matchups

CleanTech Lithium fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets164.4K4.0M18.0M20.5M23.6M24.8M
Other Current Liab90.8K305.1K74.5K378.7K435.5K457.3K
Total Current Liabilities144.6K518.3K633.7K730.4K839.9K881.9K
Total Stockholder Equity20.2K3.5M17.3M19.8M22.8M23.9M
Property Plant And Equipment Net69.2K765.1K5.3M13.7M15.8M16.6M
Net Debt(41.3K)(3.2M)(12.4M)(6.2M)(5.6M)(5.9M)
Retained Earnings(557.4K)(1.8M)(5.6M)(11.4M)(10.3M)(9.8M)
Cash95.2K3.2M12.4M6.2M7.1M4.0M
Non Current Assets Total69.2K765.1K5.3M13.7M15.8M16.6M
Cash And Short Term Investments95.2K3.2M12.4M6.2M7.1M4.1M
Liabilities And Stockholders Equity164.4K4.0M18.0M20.5M23.6M24.8M
Total Liab144.1K518.3K633.7K730.4K839.9K881.9K
Total Current Assets95.2K3.3M12.6M6.8M7.8M4.2M
Accumulated Other Comprehensive Income5.285.3K1.8M4.9M5.7M6.0M
Common Stock2.05.1M21.1M26.3M30.3M31.8M

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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.