American Non Current Liabilities Total vs Current Deferred Revenue Analysis

LI Stock  CAD 0.99  0.03  2.94%   
American Lithium financial indicator trend analysis is way more than just evaluating American Lithium Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Lithium Corp is a good investment. Please check the relationship between American Lithium Non Current Liabilities Total and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in American 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.

Non Current Liabilities Total vs Current Deferred Revenue

Non Current Liabilities Total vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Lithium Corp Non Current Liabilities Total account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between American Lithium's Non Current Liabilities Total and Current Deferred Revenue is 0.42. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of American Lithium Corp, assuming nothing else is changed. The correlation between historical values of American Lithium's Non Current Liabilities Total and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of American Lithium Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Non Current Liabilities Total i.e., American Lithium's Non Current Liabilities Total and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from American Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Lithium Corp 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 American 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.
Selling General Administrative is likely to climb to about 21.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.8 M in 2024.

American Lithium fundamental ratios Correlations

0.91.00.66-0.90.930.990.60.880.930.670.860.890.98-0.680.660.87-0.170.70.890.91-0.170.410.41-0.390.66
0.90.890.3-0.970.980.930.860.960.940.840.990.660.95-0.40.390.62-0.20.350.630.94-0.210.410.39-0.40.3
1.00.890.66-0.890.930.990.60.880.920.660.850.90.98-0.690.670.87-0.170.70.890.91-0.170.410.41-0.390.67
0.660.30.66-0.360.390.57-0.20.260.510.110.250.890.55-0.920.90.90.120.990.890.360.160.230.310.011.0
-0.9-0.97-0.89-0.36-0.96-0.92-0.79-0.94-0.98-0.84-0.97-0.67-0.960.44-0.43-0.630.24-0.42-0.64-0.940.19-0.49-0.470.43-0.36
0.930.980.930.39-0.960.960.810.980.930.740.940.70.97-0.430.420.67-0.290.440.70.97-0.240.440.42-0.450.39
0.990.930.990.57-0.920.960.690.930.930.690.890.840.99-0.590.570.8-0.220.610.830.95-0.220.420.41-0.430.58
0.60.860.6-0.2-0.790.810.690.880.660.720.840.210.70.1-0.110.16-0.38-0.140.210.82-0.390.310.23-0.52-0.2
0.880.960.880.26-0.940.980.930.880.870.70.910.580.93-0.270.250.53-0.350.310.580.99-0.360.40.36-0.540.26
0.930.940.920.51-0.980.930.930.660.870.830.940.780.97-0.60.60.75-0.160.570.750.89-0.10.490.49-0.340.52
0.670.840.660.11-0.840.740.690.720.70.830.920.50.76-0.370.390.47-0.10.180.430.660.00.420.4-0.20.13
0.860.990.850.25-0.970.940.890.840.910.940.920.630.93-0.40.40.59-0.170.310.590.89-0.150.430.41-0.350.26
0.890.660.90.89-0.670.70.840.210.580.780.50.630.82-0.930.911.00.040.910.990.640.030.330.36-0.160.9
0.980.950.980.55-0.960.970.990.70.930.970.760.930.82-0.60.590.79-0.20.60.80.95-0.170.460.46-0.410.55
-0.68-0.4-0.69-0.920.44-0.43-0.590.1-0.27-0.6-0.37-0.4-0.93-0.6-1.0-0.94-0.18-0.92-0.89-0.34-0.31-0.32-0.4-0.11-0.93
0.660.390.670.9-0.430.420.57-0.110.250.60.390.40.910.59-1.00.930.210.910.870.320.330.310.390.140.92
0.870.620.870.9-0.630.670.80.160.530.750.470.591.00.79-0.940.930.060.930.990.60.060.310.35-0.130.92
-0.17-0.2-0.170.120.24-0.29-0.22-0.38-0.35-0.16-0.1-0.170.04-0.2-0.180.210.060.130.02-0.320.21-0.62-0.490.540.13
0.70.350.70.99-0.420.440.61-0.140.310.570.180.310.910.6-0.920.910.930.130.920.410.070.190.25-0.060.99
0.890.630.890.89-0.640.70.830.210.580.750.430.590.990.8-0.890.870.990.020.920.65-0.040.280.31-0.210.9
0.910.940.910.36-0.940.970.950.820.990.890.660.890.640.95-0.340.320.6-0.320.410.65-0.380.390.35-0.560.36
-0.17-0.21-0.170.160.19-0.24-0.22-0.39-0.36-0.10.0-0.150.03-0.17-0.310.330.060.210.07-0.04-0.380.280.450.860.17
0.410.410.410.23-0.490.440.420.310.40.490.420.430.330.46-0.320.310.31-0.620.190.280.390.280.94-0.260.23
0.410.390.410.31-0.470.420.410.230.360.490.40.410.360.46-0.40.390.35-0.490.250.310.350.450.94-0.050.3
-0.39-0.4-0.390.010.43-0.45-0.43-0.52-0.54-0.34-0.2-0.35-0.16-0.41-0.110.14-0.130.54-0.06-0.21-0.560.86-0.26-0.050.02
0.660.30.671.0-0.360.390.58-0.20.260.520.130.260.90.55-0.930.920.920.130.990.90.360.170.230.30.02
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American Lithium Account Relationship Matchups

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