Foremost Free Cash Flow vs Ev To Free Cash Flow Analysis

FMSTW Stock   0.24  0.05  17.24%   
Foremost Lithium financial indicator trend analysis is much more than just examining Foremost Lithium Resource latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foremost Lithium Resource is a good investment. Please check the relationship between Foremost Lithium Free Cash Flow and its Ev To Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foremost Lithium Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Free Cash Flow vs Ev To Free Cash Flow

Free Cash Flow vs Ev To Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foremost Lithium Resource Free Cash Flow account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Foremost Lithium's Free Cash Flow and Ev To Free Cash Flow is -0.11. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Foremost Lithium Resource, assuming nothing else is changed. The correlation between historical values of Foremost Lithium's Free Cash Flow and Ev To Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Foremost Lithium Resource are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Free Cash Flow i.e., Foremost Lithium's Free Cash Flow and Ev To Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.
Most indicators from Foremost Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foremost Lithium Resource 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 Foremost Lithium Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Foremost Lithium's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 31.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024.

Foremost Lithium fundamental ratios Correlations

0.710.961.00.990.13-0.930.990.320.99-0.050.330.97-0.080.970.530.920.890.86-0.960.590.90.170.820.66-0.91
0.710.80.70.720.21-0.70.710.210.720.140.220.73-0.050.730.290.690.710.71-0.60.460.760.20.350.12-0.71
0.960.80.940.960.25-0.830.950.240.96-0.120.250.92-0.140.990.440.860.970.95-0.910.520.820.160.780.6-0.95
1.00.70.940.990.09-0.940.990.340.99-0.030.350.97-0.060.950.540.930.860.83-0.960.590.910.170.810.64-0.89
0.990.720.960.990.26-0.910.980.191.0-0.040.20.98-0.210.970.40.870.90.87-0.950.620.890.050.80.65-0.93
0.130.210.250.090.26-0.060.13-0.870.26-0.03-0.860.23-0.940.25-0.75-0.180.350.33-0.080.370.11-0.730.00.12-0.35
-0.93-0.7-0.83-0.94-0.91-0.06-0.95-0.31-0.92-0.22-0.32-0.970.05-0.83-0.47-0.86-0.7-0.640.86-0.77-0.97-0.15-0.64-0.450.77
0.990.710.950.990.980.13-0.950.30.99-0.010.320.98-0.080.960.510.90.860.83-0.950.650.910.170.80.63-0.89
0.320.210.240.340.19-0.87-0.310.30.19-0.091.00.190.880.220.960.580.140.16-0.34-0.130.280.850.340.13-0.11
0.990.720.960.991.00.26-0.920.990.19-0.030.20.98-0.210.970.40.870.90.87-0.950.630.90.050.80.65-0.93
-0.050.14-0.12-0.03-0.04-0.03-0.22-0.01-0.09-0.03-0.080.1-0.06-0.14-0.12-0.02-0.27-0.30.070.440.19-0.01-0.22-0.30.02
0.330.220.250.350.2-0.86-0.320.321.00.2-0.080.20.870.230.960.590.150.16-0.34-0.110.30.850.340.13-0.12
0.970.730.920.970.980.23-0.970.980.190.980.10.2-0.190.930.390.860.830.79-0.910.740.940.050.720.57-0.88
-0.08-0.05-0.14-0.06-0.21-0.940.05-0.080.88-0.21-0.060.87-0.19-0.170.770.21-0.24-0.210.04-0.41-0.10.850.01-0.150.29
0.970.730.990.950.970.25-0.830.960.220.97-0.140.230.93-0.170.440.850.960.95-0.940.530.810.130.840.7-0.97
0.530.290.440.540.4-0.75-0.470.510.960.4-0.120.960.390.770.440.730.340.36-0.55-0.020.410.790.560.35-0.33
0.920.690.860.930.87-0.18-0.860.90.580.87-0.020.590.860.210.850.730.750.74-0.860.440.840.330.730.52-0.78
0.890.710.970.860.90.35-0.70.860.140.9-0.270.150.83-0.240.960.340.750.99-0.840.450.70.110.750.61-0.95
0.860.710.950.830.870.33-0.640.830.160.87-0.30.160.79-0.210.950.360.740.99-0.830.360.650.130.760.62-0.94
-0.96-0.6-0.91-0.96-0.95-0.080.86-0.95-0.34-0.950.07-0.34-0.910.04-0.94-0.55-0.86-0.84-0.83-0.49-0.82-0.23-0.93-0.80.9
0.590.460.520.590.620.37-0.770.65-0.130.630.44-0.110.74-0.410.53-0.020.440.450.36-0.490.77-0.160.260.18-0.55
0.90.760.820.910.890.11-0.970.910.280.90.190.30.94-0.10.810.410.840.70.65-0.820.770.120.570.38-0.75
0.170.20.160.170.05-0.73-0.150.170.850.05-0.010.850.050.850.130.790.330.110.13-0.23-0.160.120.210.0-0.05
0.820.350.780.810.80.0-0.640.80.340.8-0.220.340.720.010.840.560.730.750.76-0.930.260.570.210.95-0.81
0.660.120.60.640.650.12-0.450.630.130.65-0.30.130.57-0.150.70.350.520.610.62-0.80.180.380.00.95-0.69
-0.91-0.71-0.95-0.89-0.93-0.350.77-0.89-0.11-0.930.02-0.12-0.880.29-0.97-0.33-0.78-0.95-0.940.9-0.55-0.75-0.05-0.81-0.69
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Foremost Lithium Account Relationship Matchups

Foremost Lithium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9M6.7M7.9M13.3M16.6M17.4M
Other Current Liab167.9K209.7K429.5K737.0K492.1K293.0K
Total Current Liabilities732.1K807.2K1.1M2.9M2.7M2.9M
Total Stockholder Equity5.1M5.7M6.7M10.4M13.2M13.9M
Property Plant And Equipment Net5.6M6.0M7.2M12.5M15.1M15.8M
Net Debt180.5K(194.5K)(91.6K)716.5K140.3K147.3K
Retained Earnings(14.1M)(15.6M)(19.7M)(17.9M)(21.5M)(20.4M)
Accounts Payable515.8K536.1K603.0K884.7K1.1M1.2M
Cash3.2K392.2K235.5K574.6K998.3K542.9K
Non Current Assets Total5.8M6.2M7.5M12.5M15.1M15.9M
Cash And Short Term Investments46.2K441.6K292.3K606.1K998.3K557.1K
Common Stock Shares Outstanding2.5M2.8M3.3M3.9M4.5M4.7M
Liabilities And Stockholders Equity5.9M6.7M7.9M13.3M16.6M17.4M
Total Liab867.3K943.5K1.2M2.9M3.4M3.6M
Total Current Assets105.2K516.6K434.1K795.3K1.5M1.6M
Accumulated Other Comprehensive Income1.1M1.1M2.3M1.8M2.6M1.3M
Net Receivables16.5K92.3K85.9K132.5K146.2K153.5K
Short Long Term Debt Total183.7K197.7K143.8K1.3M1.1M1.2M
Short Term Debt48.5K61.4K69.5K1.3M1.1M1.2M
Current Deferred Revenue(314.2K)(154.1K)(395.7K)(491.7K)(1.1M)(1.0M)
Short Term Investments43.0K49.4K56.8K31.5K36.3K23.4K
Common Stock17.8M20.2M24.2M26.4M32.1M19.2M
Other Current Assets42.5K32.0K55.9K56.7K340.7K357.8K

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