Foremost Total Stockholder Equity vs Total 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 Total Stockholder Equity and its Total 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.
Total Stockholder Equity vs Total Liab
Total Stockholder Equity vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foremost Lithium Resource Total Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Foremost Lithium's Total Stockholder Equity and Total Liab is 0.95. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total 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 Total 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 Total Stockholder Equity of Foremost Lithium Resource 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 Total Stockholder Equity i.e., Foremost Lithium's Total Stockholder Equity and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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
Click cells to compare fundamentals
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 |
Also Currently Popular
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.Additional Tools for Foremost Stock Analysis
When running Foremost Lithium's price analysis, check to measure Foremost Lithium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Foremost Lithium is operating at the current time. Most of Foremost Lithium's value examination focuses on studying past and present price action to predict the probability of Foremost Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foremost Lithium's price. Additionally, you may evaluate how the addition of Foremost Lithium to your portfolios can decrease your overall portfolio volatility.