LithiumBank Net Working Capital vs Short Long Term Debt Analysis

Stocks . Canada . 
Stock . LithiumBank Resources Corp
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 Net Working Capital and its Short Long Term Debt 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.

Net Working Capital vs Short Long Term Debt

Net Working Capital vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LithiumBank Resources Net Working Capital account and Short Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between LithiumBank Resources' Net Working Capital and Short Long Term Debt is 0.6. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Short Long Term Debt 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' Net Working Capital and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of LithiumBank Resources Corp are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Working Capital i.e., LithiumBank Resources' Net Working Capital and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Working Capital

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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 Income44.8K118.8K136.6K143.4K
Net Interest Income44.8K98.3K113.0K118.7K

LithiumBank Resources fundamental ratios Correlations

Total Assets
Total Current Liabilities
Total Stockholder Equity
Property Plant And Equipment Net
Retained Earnings
Cash
Non Current Assets Total
Common Stock Shares Outstanding
Total Liab
Net Invested Capital
Total Current Assets
Capital Stock
Net Working Capital
Accounts Payable
Other Current Liab
Short Long Term Debt
Total Assets
0.72-0.55-0.87-0.54-0.09-0.870.830.72-0.510.960.55-0.110.79-0.49-0.49
Total Current Liabilities
0.72-0.94-0.62-0.96-0.69-0.620.921.0-0.930.560.88-0.70.94-0.8-0.8
Total Stockholder Equity
-0.55-0.940.340.980.870.34-0.91-0.941.0-0.36-0.980.88-0.930.690.69
Property Plant And Equipment Net
-0.87-0.620.340.42-0.141.0-0.56-0.620.3-0.91-0.27-0.13-0.590.460.46
Retained Earnings
-0.54-0.960.980.420.820.42-0.86-0.960.98-0.38-0.940.83-0.920.690.69
Cash
-0.09-0.690.87-0.140.82-0.14-0.63-0.690.890.15-0.851.0-0.630.60.6
Non Current Assets Total
-0.87-0.620.341.00.42-0.14-0.56-0.620.3-0.91-0.27-0.13-0.590.460.46
Common Stock Shares Outstanding
0.830.92-0.91-0.56-0.86-0.63-0.560.92-0.890.650.91-0.650.96-0.69-0.69
Total Liab
0.721.0-0.94-0.62-0.96-0.69-0.620.92-0.930.560.88-0.70.94-0.8-0.8
Net Invested Capital
-0.51-0.931.00.30.980.890.3-0.89-0.93-0.3-0.970.9-0.90.720.72
Total Current Assets
0.960.56-0.36-0.91-0.380.15-0.910.650.56-0.30.370.130.66-0.26-0.26
Capital Stock
0.550.88-0.98-0.27-0.94-0.85-0.270.910.88-0.970.37-0.860.93-0.57-0.57
Net Working Capital
-0.11-0.70.88-0.130.831.0-0.13-0.65-0.70.90.13-0.86-0.640.60.6
Accounts Payable
0.790.94-0.93-0.59-0.92-0.63-0.590.960.94-0.90.660.93-0.64-0.58-0.58
Other Current Liab
-0.49-0.80.690.460.690.60.46-0.69-0.80.72-0.26-0.570.6-0.581.0
Short Long Term Debt
-0.49-0.80.690.460.690.60.46-0.69-0.80.72-0.26-0.570.6-0.581.0
Click cells to compare fundamentals

LithiumBank Resources Account Relationship Matchups

High Positive Relationship

Total Liab
+ 1.0
Total Current Liabilities
Net Invested Capital
+ 1.0
Total Stockholder Equity
Non Current Assets Total
+ 1.0
Property Plant And Equipment Net
Net Working Capital
+ 1.0
Cash
Short Long Term Debt
+ 1.0
Other Current Liab
Retained Earnings
+ 0.98
Total Stockholder Equity

High Negative Relationship

Capital Stock
- 0.98
Total Stockholder Equity
Capital Stock
- 0.97
Net Invested Capital
Total Liab
- 0.96
Retained Earnings
Retained Earnings
- 0.96
Total Current Liabilities
Capital Stock
- 0.94
Retained Earnings
Total Liab
- 0.94
Total Stockholder Equity

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