Electra Other Stockholder Equity vs Total Liab Analysis

ELBM Stock

0.70 0.01 1.41%

Electra Battery financial indicator trend analysis is much more than just examining Electra Battery Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electra Battery Materials is a good investment. Please check the relationship between Electra Battery Other Stockholder Equity and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Other Stockholder Equity vs Total Liab

Other Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electra Battery Materials Other Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Electra Battery's Other Stockholder Equity and Total Liab is 0.86. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of Electra Battery Materials, assuming nothing else is changed. The correlation between historical values of Electra Battery's Other Stockholder Equity and Total Liab 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 Stockholder Equity of Electra Battery Materials are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Stockholder Equity i.e., Electra Battery's Other Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

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Other Stockholder Equity

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Electra Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electra Battery Materials 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Issuance Of Capital Stock is likely to climb to about 21 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.3 M in 2024.

Electra Battery fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Property Plant And Equipment Net	Net Debt
Other Current Liab		0.63	0.7	-0.22	-0.44	0.65	0.23	0.51	0.32	0.52	0.21	-0.09	-0.38	0.72	-0.28	0.3	0.76	-0.65	0.47	0.16	0.71	-0.29	0.53	0.14	0.51	0.34
Total Current Liabilities	0.63		-0.02	-0.08	-0.46	0.99	0.67	0.54	-0.27	0.54	0.52	0.0	-0.32	0.02	-0.06	0.42	0.43	-0.65	0.11	0.17	0.63	-0.19	0.66	-0.64	0.95	0.52
Other Liab	0.7	-0.02		-0.33	-0.41	0.06	0.0	0.39	0.61	0.41	-0.16	-0.18	-0.41	1.0	-0.47	0.29	0.81	-0.52	0.78	0.14	0.6	-0.37	0.39	0.78	-0.04	0.32
Net Tangible Assets	-0.22	-0.08	-0.33		0.67	-0.1	-0.07	-0.5	0.0	-0.42	0.65	0.76	0.78	-0.34	0.82	-0.65	-0.43	0.33	-0.49	-0.55	-0.43	0.82	-0.44	-0.22	-0.13	-0.42
Retained Earnings	-0.44	-0.46	-0.41	0.67		-0.54	-0.66	-0.96	0.34	-0.94	-0.07	0.72	0.97	-0.42	0.86	-0.97	-0.75	0.76	-0.75	-0.6	-0.83	0.91	-0.88	-0.03	-0.57	-0.85
Accounts Payable	0.65	0.99	0.06	-0.1	-0.54		0.74	0.63	-0.25	0.63	0.55	-0.03	-0.39	0.1	-0.11	0.52	0.54	-0.74	0.24	0.18	0.73	-0.24	0.75	-0.58	0.97	0.62
Net Receivables	0.23	0.67	0.0	-0.07	-0.66	0.74		0.67	-0.41	0.7	0.53	-0.05	-0.48	0.03	-0.23	0.69	0.53	-0.82	0.44	0.16	0.72	-0.34	0.86	-0.43	0.84	0.89
Other Stockholder Equity	0.51	0.54	0.39	-0.5	-0.96	0.63	0.67		-0.38	0.99	0.3	-0.67	-0.91	0.4	-0.76	0.94	0.76	-0.75	0.72	0.59	0.86	-0.82	0.88	-0.03	0.61	0.79
Total Current Assets	0.32	-0.27	0.61	0.0	0.34	-0.25	-0.41	-0.38		-0.38	-0.41	0.44	0.33	0.62	0.24	-0.37	0.28	-0.06	0.25	-0.29	0.05	0.35	-0.16	0.64	-0.33	-0.18
Common Stock	0.52	0.54	0.41	-0.42	-0.94	0.63	0.7	0.99	-0.38		0.37	-0.62	-0.88	0.42	-0.72	0.92	0.77	-0.77	0.73	0.51	0.86	-0.78	0.88	-0.02	0.61	0.8
Property Plant Equipment	0.21	0.52	-0.16	0.65	-0.07	0.55	0.53	0.3	-0.41	0.37		0.26	0.09	-0.15	0.31	0.09	0.11	-0.27	-0.03	-0.15	0.25	0.22	0.27	-0.46	0.5	0.19
Total Assets	-0.09	0.0	-0.18	0.76	0.72	-0.03	-0.05	-0.67	0.44	-0.62	0.26		0.85	-0.16	0.9	-0.69	-0.27	0.11	-0.4	-0.71	-0.3	0.91	-0.34	-0.16	-0.02	-0.28
Total Stockholder Equity	-0.38	-0.32	-0.41	0.78	0.97	-0.39	-0.48	-0.91	0.33	-0.88	0.09	0.85		-0.41	0.94	-0.93	-0.67	0.61	-0.71	-0.68	-0.73	0.98	-0.76	-0.12	-0.4	-0.72
Cash	0.72	0.02	1.0	-0.34	-0.42	0.1	0.03	0.4	0.62	0.42	-0.15	-0.16	-0.41		-0.45	0.31	0.84	-0.56	0.79	0.14	0.63	-0.37	0.42	0.75	0.01	0.36
Non Current Assets Total	-0.28	-0.06	-0.47	0.82	0.86	-0.11	-0.23	-0.76	0.24	-0.72	0.31	0.9	0.94	-0.45		-0.78	-0.55	0.41	-0.64	-0.71	-0.53	0.99	-0.55	-0.33	-0.12	-0.53
Non Currrent Assets Other	0.3	0.42	0.29	-0.65	-0.97	0.52	0.69	0.94	-0.37	0.92	0.09	-0.69	-0.93	0.31	-0.78		0.7	-0.73	0.75	0.55	0.82	-0.85	0.89	-0.03	0.56	0.86
Other Assets	0.76	0.43	0.81	-0.43	-0.75	0.54	0.53	0.76	0.28	0.77	0.11	-0.27	-0.67	0.84	-0.55	0.7		-0.9	0.92	0.27	0.95	-0.55	0.85	0.35	0.49	0.77
Common Stock Shares Outstanding	-0.65	-0.65	-0.52	0.33	0.76	-0.74	-0.82	-0.75	-0.06	-0.77	-0.27	0.11	0.61	-0.56	0.41	-0.73	-0.9		-0.76	-0.18	-0.96	0.47	-0.95	0.02	-0.77	-0.92
Non Current Liabilities Total	0.47	0.11	0.78	-0.49	-0.75	0.24	0.44	0.72	0.25	0.73	-0.03	-0.4	-0.71	0.79	-0.64	0.75	0.92	-0.76		0.3	0.84	-0.61	0.77	0.53	0.24	0.75
Other Current Assets	0.16	0.17	0.14	-0.55	-0.6	0.18	0.16	0.59	-0.29	0.51	-0.15	-0.71	-0.68	0.14	-0.71	0.55	0.27	-0.18	0.3		0.32	-0.71	0.37	0.06	0.09	0.32
Total Liab	0.71	0.63	0.6	-0.43	-0.83	0.73	0.72	0.86	0.05	0.86	0.25	-0.3	-0.73	0.63	-0.53	0.82	0.95	-0.96	0.84	0.32		-0.58	0.96	0.06	0.71	0.87
Net Invested Capital	-0.29	-0.19	-0.37	0.82	0.91	-0.24	-0.34	-0.82	0.35	-0.78	0.22	0.91	0.98	-0.37	0.99	-0.85	-0.55	0.47	-0.61	-0.71	-0.58		-0.62	-0.18	-0.25	-0.6
Capital Stock	0.53	0.66	0.39	-0.44	-0.88	0.75	0.86	0.88	-0.16	0.88	0.27	-0.34	-0.76	0.42	-0.55	0.89	0.85	-0.95	0.77	0.37	0.96	-0.62		-0.11	0.78	0.96
Net Working Capital	0.14	-0.64	0.78	-0.22	-0.03	-0.58	-0.43	-0.03	0.64	-0.02	-0.46	-0.16	-0.12	0.75	-0.33	-0.03	0.35	0.02	0.53	0.06	0.06	-0.18	-0.11		-0.63	-0.08
Property Plant And Equipment Net	0.51	0.95	-0.04	-0.13	-0.57	0.97	0.84	0.61	-0.33	0.61	0.5	-0.02	-0.4	0.01	-0.12	0.56	0.49	-0.77	0.24	0.09	0.71	-0.25	0.78	-0.63		0.7
Net Debt	0.34	0.52	0.32	-0.42	-0.85	0.62	0.89	0.79	-0.18	0.8	0.19	-0.28	-0.72	0.36	-0.53	0.86	0.77	-0.92	0.75	0.32	0.87	-0.6	0.96	-0.08	0.7

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Electra Other Stockholder Equity vs Total Liab Analysis

Other Stockholder Equity vs Total Liab

Other Stockholder Equity vs Total Liab Correlation Analysis

Correlation Coefficient

Other Stockholder Equity

Total Liab

Electra Battery fundamental ratios Correlations

Electra Battery Account Relationship Matchups

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Cash	+ 1.0	Other Liab
Accounts Payable	+ 0.99	Total Current Liabilities
Common Stock	+ 0.99	Other Stockholder Equity
Net Invested Capital	+ 0.99	Non Current Assets Total
Net Invested Capital	+ 0.98	Total Stockholder Equity
Total Stockholder Equity	+ 0.97	Retained Earnings

Non Currrent Assets Other	- 0.97	Retained Earnings
Total Liab	- 0.96	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.96	Retained Earnings
Capital Stock	- 0.95	Common Stock Shares Outstanding
Common Stock	- 0.94	Retained Earnings
Non Currrent Assets Other	- 0.93	Total Stockholder Equity