International Non Current Liabilities Total vs Net Tangible Assets Analysis

ILC Stock  CAD 0.01  0.01  25.00%   
International Lithium financial indicator trend analysis is infinitely more than just investigating International Lithium recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Lithium is a good investment. Please check the relationship between International Lithium Non Current Liabilities Total and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Lithium Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Liabilities Total vs Net Tangible Assets

Non Current Liabilities Total vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Lithium Non Current Liabilities Total account and Net Tangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between International Lithium's Non Current Liabilities Total and Net Tangible Assets is 0.21. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of International Lithium Corp, assuming nothing else is changed. The correlation between historical values of International Lithium's Non Current Liabilities Total and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of International Lithium Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Non Current Liabilities Total i.e., International Lithium's Non Current Liabilities Total and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from International Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Lithium 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Lithium Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enterprise Value is likely to climb to about 7.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.7M1.3M5.7K5.4K
Depreciation And Amortization236.6K1.5K2.1K2.0K

International Lithium fundamental ratios Correlations

-0.350.050.71-0.42-0.630.080.760.770.45-0.330.030.780.620.89-0.63-0.01-0.24-0.070.77-0.43-0.260.91-0.830.33-0.72
-0.350.13-0.390.270.180.11-0.36-0.37-0.360.360.12-0.38-0.1-0.470.460.050.110.01-0.430.140.09-0.50.5-0.240.54
0.050.13-0.570.8-0.620.77-0.37-0.37-0.4-0.340.95-0.380.55-0.11-0.110.950.720.76-0.280.70.83-0.15-0.190.73-0.29
0.71-0.39-0.57-0.85-0.17-0.370.780.790.74-0.08-0.630.810.150.76-0.46-0.64-0.77-0.640.75-0.84-0.80.81-0.64-0.18-0.36
-0.420.270.8-0.85-0.30.6-0.82-0.82-0.47-0.070.85-0.820.35-0.510.10.860.820.82-0.640.820.88-0.570.30.57-0.02
-0.630.18-0.62-0.17-0.3-0.6-0.1-0.11-0.280.45-0.61-0.12-0.88-0.520.76-0.57-0.26-0.48-0.25-0.02-0.29-0.510.74-0.860.81
0.080.110.77-0.370.6-0.6-0.3-0.3-0.25-0.210.74-0.310.52-0.03-0.120.720.560.6-0.270.550.62-0.05-0.30.6-0.26
0.76-0.36-0.370.78-0.82-0.1-0.31.00.26-0.2-0.391.0-0.040.7-0.31-0.42-0.49-0.440.8-0.61-0.560.76-0.59-0.14-0.36
0.77-0.37-0.370.79-0.82-0.11-0.31.00.28-0.21-0.41.0-0.020.72-0.32-0.42-0.49-0.440.81-0.62-0.570.77-0.6-0.14-0.36
0.45-0.36-0.40.74-0.47-0.28-0.250.260.28-0.02-0.480.320.340.64-0.57-0.49-0.7-0.510.54-0.7-0.610.62-0.5-0.05-0.33
-0.330.36-0.34-0.08-0.070.45-0.21-0.2-0.21-0.02-0.29-0.2-0.28-0.420.53-0.39-0.23-0.33-0.31-0.01-0.12-0.460.59-0.570.59
0.030.120.95-0.630.85-0.610.74-0.39-0.4-0.48-0.29-0.410.55-0.17-0.140.980.850.9-0.290.740.89-0.21-0.090.79-0.36
0.78-0.38-0.380.81-0.82-0.12-0.311.01.00.32-0.2-0.410.00.74-0.34-0.44-0.51-0.450.83-0.64-0.580.79-0.61-0.14-0.37
0.62-0.10.550.150.35-0.880.52-0.04-0.020.34-0.280.550.00.5-0.590.520.250.450.190.10.290.47-0.580.71-0.69
0.89-0.47-0.110.76-0.51-0.52-0.030.70.720.64-0.42-0.170.740.5-0.69-0.18-0.42-0.240.77-0.57-0.420.98-0.850.21-0.66
-0.630.46-0.11-0.460.10.76-0.12-0.31-0.32-0.570.53-0.14-0.34-0.59-0.69-0.150.02-0.21-0.550.370.09-0.710.75-0.670.9
-0.010.050.95-0.640.86-0.570.72-0.42-0.42-0.49-0.390.98-0.440.52-0.18-0.150.880.92-0.290.790.92-0.21-0.10.81-0.37
-0.240.110.72-0.770.82-0.260.56-0.49-0.49-0.7-0.230.85-0.510.25-0.420.020.880.96-0.410.850.92-0.430.210.65-0.22
-0.070.010.76-0.640.82-0.480.6-0.44-0.44-0.51-0.330.9-0.450.45-0.24-0.210.920.96-0.290.750.89-0.250.010.81-0.43
0.77-0.43-0.280.75-0.64-0.25-0.270.80.810.54-0.31-0.290.830.190.77-0.55-0.29-0.41-0.29-0.58-0.480.8-0.630.05-0.52
-0.430.140.7-0.840.82-0.020.55-0.61-0.62-0.7-0.010.74-0.640.1-0.570.370.790.850.75-0.580.94-0.590.360.360.15
-0.260.090.83-0.80.88-0.290.62-0.56-0.57-0.61-0.120.89-0.580.29-0.420.090.920.920.89-0.480.94-0.440.180.61-0.11
0.91-0.5-0.150.81-0.57-0.51-0.050.760.770.62-0.46-0.210.790.470.98-0.71-0.21-0.43-0.250.8-0.59-0.44-0.880.22-0.69
-0.830.5-0.19-0.640.30.74-0.3-0.59-0.6-0.50.59-0.09-0.61-0.58-0.850.75-0.10.210.01-0.630.360.18-0.88-0.490.75
0.33-0.240.73-0.180.57-0.860.6-0.14-0.14-0.05-0.570.79-0.140.710.21-0.670.810.650.810.050.360.610.22-0.49-0.8
-0.720.54-0.29-0.36-0.020.81-0.26-0.36-0.36-0.330.59-0.36-0.37-0.69-0.660.9-0.37-0.22-0.43-0.520.15-0.11-0.690.75-0.8
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International Lithium Account Relationship Matchups

International Lithium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9M9.0M15.2M14.5M13.2M8.0M
Other Current Liab571.6K40K59.6K37.5K70K66.5K
Total Current Liabilities4.6M6.1M118.1K147.3K189.3K179.9K
Total Stockholder Equity559.4K(904.8K)14.4M14.4M13.0M13.7M
Net Debt7.7M9.0M(10.3M)(6.1M)(2.7M)(2.5M)
Retained Earnings(13.1M)(14.6M)(8.1M)(9.4M)(11.0M)(11.6M)
Accounts Payable571.6K900.9K59.6K109.8K119.3K234.9K
Cash22.5K1.9K11.0M6.1M2.7M1.6M
Cash And Short Term Investments22.5K1.9K11.0M6.5M2.8M1.6M
Net Receivables16.5K15.8K24.1K442.7K401.9K422.0K
Liabilities And Stockholders Equity8.9M9.0M15.2M14.5M13.2M8.0M
Other Stockholder Equity140.1K737.9K71.1K2.3M2.0M3.2M
Total Liab8.3M9.9M768.9K147.3K189.3K179.9K
Total Current Assets61.7K19.8K11.1M7.1M3.3M1.8M
Non Current Assets Total8.8M9.0M4.1M7.4M9.9M6.6M
Common Stock Shares Outstanding126.7M132.6M199.5M247.2M248.5M128.5M
Property Plant And Equipment Net1.4M1.3M1.9M3.9K1.8K1.7K
Accumulated Other Comprehensive Income2.1M2.3M4.8M4.6M4.8M5.1M
Short Long Term Debt Total7.9M7.8M9.0M709.3K815.7K774.9K
Non Current Liabilities Total3.0M3.6M3.7M3.8M650.8K0.0
Long Term Debt3.6M3.7M3.8M650.8K748.4K711.0K
Other Current Assets22.7K2.1K127.3K212.0K45.1K52.4K
Short Long Term Debt4.3M4.0M5.1M58.5K67.3K63.9K
Short Term Debt4.3M4.1M5.1M58.5K67.3K63.9K
Net Tangible Assets1.6M966.3K559.4K(904.8K)(814.3K)(773.6K)
Long Term Investments7.4M7.6M2.1M2.2M3.1M4.5M
Property Plant Equipment1.3M1.3M1.4M1.3M1.2M1.6M
Non Currrent Assets Other6.5M8.6M8.8M5.2M6.8M6.6M
Short Term Investments23.1K83.2K0.0374.1K177.9K108.5K
Net Invested Capital8.2M8.1M15.1M14.4M13.0M11.6M
Net Working Capital(4.6M)(6.0M)11.0M7.0M3.1M3.3M

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