Lithium Book Value Per Share vs Free Cash Flow Yield Analysis

LEXI Stock  CAD 0.04  0.01  22.22%   
Lithium Energi financial indicator trend analysis is infinitely more than just investigating Lithium Energi Explo recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lithium Energi Explo is a good investment. Please check the relationship between Lithium Energi Book Value Per Share and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Energi Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Book Value Per Share vs Free Cash Flow Yield

Book Value Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lithium Energi Explo Book Value Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have no relationship.
The correlation between Lithium Energi's Book Value Per Share and Free Cash Flow Yield is 0.05. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Lithium Energi Exploration, assuming nothing else is changed. The correlation between historical values of Lithium Energi's Book Value Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Lithium Energi Exploration are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Book Value Per Share i.e., Lithium Energi's Book Value Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Lithium Energi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lithium Energi Explo 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 Lithium Energi Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Selling General Administrative is likely to climb to about 3.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 299.6 K in 2024.

Lithium Energi fundamental ratios Correlations

0.70.120.430.75-0.520.470.970.470.120.570.250.820.510.020.60.60.710.160.030.57-0.52-0.07-0.220.4-0.08
0.7-0.470.290.9-0.42-0.080.77-0.08-0.240.320.510.9-0.05-0.610.760.320.86-0.170.480.7-0.70.35-0.80.750.25
0.12-0.470.18-0.550.520.61-0.040.61-0.1-0.33-0.56-0.460.610.97-0.31-0.3-0.60.58-0.73-0.590.71-0.640.44-0.830.15
0.430.290.180.19-0.140.470.360.47-0.040.190.290.280.430.110.150.170.210.41-0.070.19-0.14-0.11-0.150.090.07
0.750.9-0.550.19-0.74-0.120.85-0.120.060.660.580.98-0.08-0.610.660.660.96-0.350.420.89-0.890.26-0.50.84-0.1
-0.52-0.420.52-0.14-0.740.02-0.610.02-0.61-0.97-0.46-0.730.00.43-0.25-0.97-0.770.31-0.32-0.830.91-0.19-0.13-0.770.7
0.47-0.080.610.47-0.120.020.261.00.380.1-0.330.060.990.550.260.130.00.86-0.13-0.250.26-0.090.27-0.26-0.06
0.970.77-0.040.360.85-0.610.260.260.070.640.360.880.31-0.120.570.660.78-0.050.090.7-0.66-0.04-0.270.53-0.14
0.47-0.080.610.47-0.120.021.00.260.380.1-0.330.060.990.550.260.130.00.86-0.13-0.250.26-0.090.27-0.26-0.06
0.12-0.24-0.1-0.040.06-0.610.380.070.380.65-0.050.130.380.030.010.660.220.20.20.15-0.30.190.620.24-0.79
0.570.32-0.330.190.66-0.970.10.640.10.650.380.670.12-0.230.171.00.68-0.230.170.76-0.820.050.280.64-0.78
0.250.51-0.560.290.58-0.46-0.330.36-0.33-0.050.380.54-0.3-0.590.320.340.54-0.590.420.52-0.570.33-0.330.61-0.12
0.820.9-0.460.280.98-0.730.060.880.060.130.670.540.11-0.540.720.670.97-0.190.430.84-0.850.28-0.470.82-0.11
0.51-0.050.610.43-0.080.00.990.310.990.380.12-0.30.110.540.310.150.040.82-0.12-0.240.24-0.070.27-0.24-0.06
0.02-0.610.970.11-0.610.430.55-0.120.550.03-0.23-0.59-0.540.54-0.49-0.2-0.660.51-0.8-0.550.68-0.710.62-0.85-0.03
0.60.76-0.310.150.66-0.250.260.570.260.010.170.320.720.31-0.490.190.760.140.690.29-0.390.64-0.620.60.22
0.60.32-0.30.170.66-0.970.130.660.130.661.00.340.670.15-0.20.190.68-0.20.170.75-0.810.050.280.63-0.77
0.710.86-0.60.210.96-0.770.00.780.00.220.680.540.970.04-0.660.760.68-0.210.590.82-0.890.45-0.460.9-0.18
0.16-0.170.580.41-0.350.310.86-0.050.860.2-0.23-0.59-0.190.820.510.14-0.2-0.21-0.11-0.450.45-0.030.11-0.370.18
0.030.48-0.73-0.070.42-0.32-0.130.09-0.130.20.170.420.43-0.12-0.80.690.170.59-0.110.19-0.450.98-0.480.76-0.11
0.570.7-0.590.190.89-0.83-0.250.7-0.250.150.760.520.84-0.24-0.550.290.750.82-0.450.19-0.950.01-0.280.77-0.26
-0.52-0.70.71-0.14-0.890.910.26-0.660.26-0.3-0.82-0.57-0.850.240.68-0.39-0.81-0.890.45-0.45-0.95-0.290.27-0.920.41
-0.070.35-0.64-0.110.26-0.19-0.09-0.04-0.090.190.050.330.28-0.07-0.710.640.050.45-0.030.980.01-0.29-0.410.64-0.09
-0.22-0.80.44-0.15-0.5-0.130.27-0.270.270.620.28-0.33-0.470.270.62-0.620.28-0.460.11-0.48-0.280.27-0.41-0.46-0.69
0.40.75-0.830.090.84-0.77-0.260.53-0.260.240.640.610.82-0.24-0.850.60.630.9-0.370.760.77-0.920.64-0.46-0.3
-0.080.250.150.07-0.10.7-0.06-0.14-0.06-0.79-0.78-0.12-0.11-0.06-0.030.22-0.77-0.180.18-0.11-0.260.41-0.09-0.69-0.3
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Lithium Energi Account Relationship Matchups

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Additional Tools for Lithium Stock Analysis

When running Lithium Energi's price analysis, check to measure Lithium Energi's 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 Lithium Energi is operating at the current time. Most of Lithium Energi's value examination focuses on studying past and present price action to predict the probability of Lithium Energi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Energi's price. Additionally, you may evaluate how the addition of Lithium Energi to your portfolios can decrease your overall portfolio volatility.