CleanTech Selling General Administrative vs Depreciation And Amortization 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 Selling General Administrative and its Depreciation And Amortization 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.
Selling General Administrative vs Depreciation And Amortization
Selling General Administrative vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CleanTech Lithium plc Selling General Administrative account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CleanTech Lithium's Selling General Administrative and Depreciation And Amortization is -0.2. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization 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 Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of CleanTech Lithium plc are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., CleanTech Lithium's Selling General Administrative and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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.