Foremost Other Stockholder Equity vs Other Current Liab 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 Other Stockholder Equity and its Other Current Liab 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.
Other Stockholder Equity vs Other Current Liab
Other Stockholder Equity vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foremost Lithium Resource Other Stockholder Equity account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Foremost Lithium's Other Stockholder Equity and Other Current Liab is -0.05. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Liab 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 Other Stockholder Equity and Other Current 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 Foremost Lithium Resource are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Stockholder Equity i.e., Foremost Lithium's Other Stockholder Equity and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Stockholder Equity
Other Current Liab
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
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Foremost Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Foremost Lithium fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.9M | 6.7M | 7.9M | 13.3M | 16.6M | 17.4M | |
Other Current Liab | 167.9K | 209.7K | 429.5K | 737.0K | 492.1K | 293.0K | |
Total Current Liabilities | 732.1K | 807.2K | 1.1M | 2.9M | 2.7M | 2.9M | |
Total Stockholder Equity | 5.1M | 5.7M | 6.7M | 10.4M | 13.2M | 13.9M | |
Property Plant And Equipment Net | 5.6M | 6.0M | 7.2M | 12.5M | 15.1M | 15.8M | |
Net Debt | 180.5K | (194.5K) | (91.6K) | 716.5K | 140.3K | 147.3K | |
Retained Earnings | (14.1M) | (15.6M) | (19.7M) | (17.9M) | (21.5M) | (20.4M) | |
Accounts Payable | 515.8K | 536.1K | 603.0K | 884.7K | 1.1M | 1.2M | |
Cash | 3.2K | 392.2K | 235.5K | 574.6K | 998.3K | 542.9K | |
Non Current Assets Total | 5.8M | 6.2M | 7.5M | 12.5M | 15.1M | 15.9M | |
Cash And Short Term Investments | 46.2K | 441.6K | 292.3K | 606.1K | 998.3K | 557.1K | |
Common Stock Shares Outstanding | 2.5M | 2.8M | 3.3M | 3.9M | 4.5M | 4.7M | |
Liabilities And Stockholders Equity | 5.9M | 6.7M | 7.9M | 13.3M | 16.6M | 17.4M | |
Total Liab | 867.3K | 943.5K | 1.2M | 2.9M | 3.4M | 3.6M | |
Total Current Assets | 105.2K | 516.6K | 434.1K | 795.3K | 1.5M | 1.6M | |
Accumulated Other Comprehensive Income | 1.1M | 1.1M | 2.3M | 1.8M | 2.6M | 1.3M | |
Net Receivables | 16.5K | 92.3K | 85.9K | 132.5K | 146.2K | 153.5K | |
Short Long Term Debt Total | 183.7K | 197.7K | 143.8K | 1.3M | 1.1M | 1.2M | |
Short Term Debt | 48.5K | 61.4K | 69.5K | 1.3M | 1.1M | 1.2M | |
Current Deferred Revenue | (314.2K) | (154.1K) | (395.7K) | (491.7K) | (1.1M) | (1.0M) | |
Short Term Investments | 43.0K | 49.4K | 56.8K | 31.5K | 36.3K | 23.4K | |
Common Stock | 17.8M | 20.2M | 24.2M | 26.4M | 32.1M | 19.2M | |
Other Current Assets | 42.5K | 32.0K | 55.9K | 56.7K | 340.7K | 357.8K |
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