LithiumBank Short Long Term Debt vs Total Current Assets 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 Short Long Term Debt and its Total Current Assets 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.

Short Long Term Debt vs Total Current Assets

Short Long Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LithiumBank Resources Short Long Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between LithiumBank Resources' Short Long Term Debt and Total Current Assets is -0.26. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Current Assets 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' Short Long Term Debt and Total Current 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 Short Long Term Debt of LithiumBank Resources Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Long Term Debt i.e., LithiumBank Resources' Short Long Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for LithiumBank Stock Analysis

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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY