LithiumBank Common Stock Shares Outstanding vs Other Current Liab Analysis
LBNK Stock | 0.26 0.02 7.14% |
LithiumBank Resources financial indicator trend analysis is infinitely more than just investigating LithiumBank Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LithiumBank Resources is a good investment. Please check the relationship between LithiumBank Resources Common Stock Shares Outstanding and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LithiumBank Resources 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 industry.
Common Stock Shares Outstanding vs Other Current Liab
Common Stock Shares Outstanding vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LithiumBank Resources Common Stock Shares Outstanding account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between LithiumBank Resources' Common Stock Shares Outstanding and Other Current Liab is -0.69. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of LithiumBank Resources Corp, assuming nothing else is changed. The correlation between historical values of LithiumBank Resources' Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of LithiumBank Resources Corp 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 Common Stock Shares Outstanding i.e., LithiumBank Resources' Common Stock Shares Outstanding and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Other Current Liab
Most indicators from LithiumBank Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LithiumBank Resources 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LithiumBank Resources 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 industry. Enterprise Value is likely to climb to about 40.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 44.8K | 118.8K | 136.6K | 143.4K | Net Interest Income | 44.8K | 98.3K | 113.0K | 118.7K |
LithiumBank Resources fundamental ratios Correlations
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LithiumBank Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running LithiumBank Resources' price analysis, check to measure LithiumBank Resources' 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 LithiumBank Resources is operating at the current time. Most of LithiumBank Resources' value examination focuses on studying past and present price action to predict the probability of LithiumBank Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LithiumBank Resources' price. Additionally, you may evaluate how the addition of LithiumBank Resources to your portfolios can decrease your overall portfolio volatility.