International Retained Earnings 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 Retained Earnings 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.

Retained Earnings vs Net Tangible Assets

Retained Earnings 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 Retained Earnings account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between International Lithium's Retained Earnings and Net Tangible Assets is 0.74. Overlapping area represents the amount of variation of Retained Earnings 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 Retained Earnings 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 Retained Earnings 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 Retained Earnings i.e., International Lithium's Retained Earnings and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Expense	2.7M	1.3M	5.7K	5.4K
Depreciation And Amortization	236.6K	1.5K	2.1K	2.0K

Interest Expense Depreciation And Amortization

International Lithium fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Assets Total	Common Stock Shares Outstanding	Property Plant And Equipment Net	Short Long Term Debt Total	Non Current Liabilities Total	Long Term Debt	Other Current Assets	Short Long Term Debt	Short Term Debt	Common Stock	Net Tangible Assets	Long Term Investments	Property Plant Equipment
Total Assets		-0.35	0.05	0.71	-0.42	-0.63	0.08	0.76	0.77	0.45	-0.33	0.03	0.78	0.62	0.89	-0.63	-0.01	-0.24	-0.07	0.77	-0.43	-0.26	0.91	-0.83	0.33	-0.72
Other Current Liab	-0.35		0.13	-0.39	0.27	0.18	0.11	-0.36	-0.37	-0.36	0.36	0.12	-0.38	-0.1	-0.47	0.46	0.05	0.11	0.01	-0.43	0.14	0.09	-0.5	0.5	-0.24	0.54
Total Current Liabilities	0.05	0.13		-0.57	0.8	-0.62	0.77	-0.37	-0.37	-0.4	-0.34	0.95	-0.38	0.55	-0.11	-0.11	0.95	0.72	0.76	-0.28	0.7	0.83	-0.15	-0.19	0.73	-0.29
Total Stockholder Equity	0.71	-0.39	-0.57		-0.85	-0.17	-0.37	0.78	0.79	0.74	-0.08	-0.63	0.81	0.15	0.76	-0.46	-0.64	-0.77	-0.64	0.75	-0.84	-0.8	0.81	-0.64	-0.18	-0.36
Net Debt	-0.42	0.27	0.8	-0.85		-0.3	0.6	-0.82	-0.82	-0.47	-0.07	0.85	-0.82	0.35	-0.51	0.1	0.86	0.82	0.82	-0.64	0.82	0.88	-0.57	0.3	0.57	-0.02
Retained Earnings	-0.63	0.18	-0.62	-0.17	-0.3		-0.6	-0.1	-0.11	-0.28	0.45	-0.61	-0.12	-0.88	-0.52	0.76	-0.57	-0.26	-0.48	-0.25	-0.02	-0.29	-0.51	0.74	-0.86	0.81
Accounts Payable	0.08	0.11	0.77	-0.37	0.6	-0.6		-0.3	-0.3	-0.25	-0.21	0.74	-0.31	0.52	-0.03	-0.12	0.72	0.56	0.6	-0.27	0.55	0.62	-0.05	-0.3	0.6	-0.26
Cash	0.76	-0.36	-0.37	0.78	-0.82	-0.1	-0.3		1.0	0.26	-0.2	-0.39	1.0	-0.04	0.7	-0.31	-0.42	-0.49	-0.44	0.8	-0.61	-0.56	0.76	-0.59	-0.14	-0.36
Cash And Short Term Investments	0.77	-0.37	-0.37	0.79	-0.82	-0.11	-0.3	1.0		0.28	-0.21	-0.4	1.0	-0.02	0.72	-0.32	-0.42	-0.49	-0.44	0.81	-0.62	-0.57	0.77	-0.6	-0.14	-0.36
Net Receivables	0.45	-0.36	-0.4	0.74	-0.47	-0.28	-0.25	0.26	0.28		-0.02	-0.48	0.32	0.34	0.64	-0.57	-0.49	-0.7	-0.51	0.54	-0.7	-0.61	0.62	-0.5	-0.05	-0.33
Other Stockholder Equity	-0.33	0.36	-0.34	-0.08	-0.07	0.45	-0.21	-0.2	-0.21	-0.02		-0.29	-0.2	-0.28	-0.42	0.53	-0.39	-0.23	-0.33	-0.31	-0.01	-0.12	-0.46	0.59	-0.57	0.59
Total Liab	0.03	0.12	0.95	-0.63	0.85	-0.61	0.74	-0.39	-0.4	-0.48	-0.29		-0.41	0.55	-0.17	-0.14	0.98	0.85	0.9	-0.29	0.74	0.89	-0.21	-0.09	0.79	-0.36
Total Current Assets	0.78	-0.38	-0.38	0.81	-0.82	-0.12	-0.31	1.0	1.0	0.32	-0.2	-0.41		0.0	0.74	-0.34	-0.44	-0.51	-0.45	0.83	-0.64	-0.58	0.79	-0.61	-0.14	-0.37
Non Current Assets Total	0.62	-0.1	0.55	0.15	0.35	-0.88	0.52	-0.04	-0.02	0.34	-0.28	0.55	0.0		0.5	-0.59	0.52	0.25	0.45	0.19	0.1	0.29	0.47	-0.58	0.71	-0.69
Common Stock Shares Outstanding	0.89	-0.47	-0.11	0.76	-0.51	-0.52	-0.03	0.7	0.72	0.64	-0.42	-0.17	0.74	0.5		-0.69	-0.18	-0.42	-0.24	0.77	-0.57	-0.42	0.98	-0.85	0.21	-0.66
Property Plant And Equipment Net	-0.63	0.46	-0.11	-0.46	0.1	0.76	-0.12	-0.31	-0.32	-0.57	0.53	-0.14	-0.34	-0.59	-0.69		-0.15	0.02	-0.21	-0.55	0.37	0.09	-0.71	0.75	-0.67	0.9
Short Long Term Debt Total	-0.01	0.05	0.95	-0.64	0.86	-0.57	0.72	-0.42	-0.42	-0.49	-0.39	0.98	-0.44	0.52	-0.18	-0.15		0.88	0.92	-0.29	0.79	0.92	-0.21	-0.1	0.81	-0.37
Non Current Liabilities Total	-0.24	0.11	0.72	-0.77	0.82	-0.26	0.56	-0.49	-0.49	-0.7	-0.23	0.85	-0.51	0.25	-0.42	0.02	0.88		0.96	-0.41	0.85	0.92	-0.43	0.21	0.65	-0.22
Long Term Debt	-0.07	0.01	0.76	-0.64	0.82	-0.48	0.6	-0.44	-0.44	-0.51	-0.33	0.9	-0.45	0.45	-0.24	-0.21	0.92	0.96		-0.29	0.75	0.89	-0.25	0.01	0.81	-0.43
Other Current Assets	0.77	-0.43	-0.28	0.75	-0.64	-0.25	-0.27	0.8	0.81	0.54	-0.31	-0.29	0.83	0.19	0.77	-0.55	-0.29	-0.41	-0.29		-0.58	-0.48	0.8	-0.63	0.05	-0.52
Short Long Term Debt	-0.43	0.14	0.7	-0.84	0.82	-0.02	0.55	-0.61	-0.62	-0.7	-0.01	0.74	-0.64	0.1	-0.57	0.37	0.79	0.85	0.75	-0.58		0.94	-0.59	0.36	0.36	0.15
Short Term Debt	-0.26	0.09	0.83	-0.8	0.88	-0.29	0.62	-0.56	-0.57	-0.61	-0.12	0.89	-0.58	0.29	-0.42	0.09	0.92	0.92	0.89	-0.48	0.94		-0.44	0.18	0.61	-0.11
Common Stock	0.91	-0.5	-0.15	0.81	-0.57	-0.51	-0.05	0.76	0.77	0.62	-0.46	-0.21	0.79	0.47	0.98	-0.71	-0.21	-0.43	-0.25	0.8	-0.59	-0.44		-0.88	0.22	-0.69
Net Tangible Assets	-0.83	0.5	-0.19	-0.64	0.3	0.74	-0.3	-0.59	-0.6	-0.5	0.59	-0.09	-0.61	-0.58	-0.85	0.75	-0.1	0.21	0.01	-0.63	0.36	0.18	-0.88		-0.49	0.75
Long Term Investments	0.33	-0.24	0.73	-0.18	0.57	-0.86	0.6	-0.14	-0.14	-0.05	-0.57	0.79	-0.14	0.71	0.21	-0.67	0.81	0.65	0.81	0.05	0.36	0.61	0.22	-0.49		-0.8
Property Plant Equipment	-0.72	0.54	-0.29	-0.36	-0.02	0.81	-0.26	-0.36	-0.36	-0.33	0.59	-0.36	-0.37	-0.69	-0.66	0.9	-0.37	-0.22	-0.43	-0.52	0.15	-0.11	-0.69	0.75	-0.8

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International Lithium Account Relationship Matchups

International Lithium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.9M	9.0M	15.2M	14.5M	13.2M	8.0M
Other Current Liab	571.6K	40K	59.6K	37.5K	70K	66.5K
Total Current Liabilities	4.6M	6.1M	118.1K	147.3K	189.3K	179.9K
Total Stockholder Equity	559.4K	(904.8K)	14.4M	14.4M	13.0M	13.7M
Net Debt	7.7M	9.0M	(10.3M)	(6.1M)	(2.7M)	(2.5M)
Retained Earnings	(13.1M)	(14.6M)	(8.1M)	(9.4M)	(11.0M)	(11.6M)
Accounts Payable	571.6K	900.9K	59.6K	109.8K	119.3K	234.9K
Cash	22.5K	1.9K	11.0M	6.1M	2.7M	1.6M
Cash And Short Term Investments	22.5K	1.9K	11.0M	6.5M	2.8M	1.6M
Net Receivables	16.5K	15.8K	24.1K	442.7K	401.9K	422.0K
Liabilities And Stockholders Equity	8.9M	9.0M	15.2M	14.5M	13.2M	8.0M
Other Stockholder Equity	140.1K	737.9K	71.1K	2.3M	2.0M	3.2M
Total Liab	8.3M	9.9M	768.9K	147.3K	189.3K	179.9K
Total Current Assets	61.7K	19.8K	11.1M	7.1M	3.3M	1.8M
Non Current Assets Total	8.8M	9.0M	4.1M	7.4M	9.9M	6.6M
Common Stock Shares Outstanding	126.7M	132.6M	199.5M	247.2M	248.5M	128.5M
Property Plant And Equipment Net	1.4M	1.3M	1.9M	3.9K	1.8K	1.7K
Accumulated Other Comprehensive Income	2.1M	2.3M	4.8M	4.6M	4.8M	5.1M
Short Long Term Debt Total	7.9M	7.8M	9.0M	709.3K	815.7K	774.9K
Non Current Liabilities Total	3.0M	3.6M	3.7M	3.8M	650.8K	0.0
Long Term Debt	3.6M	3.7M	3.8M	650.8K	748.4K	711.0K
Other Current Assets	22.7K	2.1K	127.3K	212.0K	45.1K	52.4K
Short Long Term Debt	4.3M	4.0M	5.1M	58.5K	67.3K	63.9K
Short Term Debt	4.3M	4.1M	5.1M	58.5K	67.3K	63.9K
Net Tangible Assets	1.6M	966.3K	559.4K	(904.8K)	(814.3K)	(773.6K)
Long Term Investments	7.4M	7.6M	2.1M	2.2M	3.1M	4.5M
Property Plant Equipment	1.3M	1.3M	1.4M	1.3M	1.2M	1.6M
Non Currrent Assets Other	6.5M	8.6M	8.8M	5.2M	6.8M	6.6M
Short Term Investments	23.1K	83.2K	0.0	374.1K	177.9K	108.5K
Net Invested Capital	8.2M	8.1M	15.1M	14.4M	13.0M	11.6M
Net Working Capital	(4.6M)	(6.0M)	11.0M	7.0M	3.1M	3.3M

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