Lindian Net Receivables vs Selling General Administrative Analysis

LIN Stock   0.1  0  2.04%   
Lindian Resources financial indicator trend analysis is infinitely more than just investigating Lindian Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lindian Resources is a good investment. Please check the relationship between Lindian Resources Net Receivables and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lindian Resources. 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.

Net Receivables vs Selling General Administrative

Net Receivables vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lindian Resources Net Receivables account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lindian Resources' Net Receivables and Selling General Administrative is 0.71. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Lindian Resources, assuming nothing else is changed. The correlation between historical values of Lindian Resources' Net Receivables and Selling General Administrative 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 Receivables of Lindian Resources are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Receivables i.e., Lindian Resources' Net Receivables and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Selling General Administrative

Most indicators from Lindian Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lindian 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 Lindian Resources. 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 gain to about 1.5 M in 2024. Discontinued Operations is likely to gain to about 155.6 K in 2024

Lindian Resources fundamental ratios Correlations

-0.550.980.460.980.51-0.920.90.920.920.770.160.790.980.870.92-0.4-0.80.941.00.84-0.561.00.93-0.12-0.18
-0.55-0.5-0.29-0.53-0.940.45-0.58-0.44-0.44-0.41-0.45-0.71-0.51-0.47-0.440.470.38-0.59-0.56-0.390.5-0.56-0.520.28-0.41
0.98-0.50.510.940.46-0.90.930.90.90.670.210.821.00.90.9-0.41-0.790.950.980.79-0.660.980.98-0.13-0.18
0.46-0.290.510.270.27-0.30.690.280.280.40.240.380.570.830.29-0.220.050.320.49-0.09-0.340.490.5-0.080.51
0.98-0.530.940.270.5-0.930.80.940.940.770.10.750.920.740.94-0.37-0.870.930.970.93-0.490.970.88-0.1-0.3
0.51-0.940.460.270.5-0.520.520.510.510.50.220.640.470.440.51-0.47-0.350.50.510.35-0.330.510.50.050.32
-0.920.45-0.9-0.3-0.93-0.52-0.76-1.0-1.0-0.80.06-0.69-0.88-0.73-1.00.40.79-0.83-0.89-0.820.37-0.89-0.86-0.20.36
0.9-0.580.930.690.80.52-0.760.760.760.540.330.830.950.950.76-0.33-0.620.880.910.58-0.720.910.94-0.20.11
0.92-0.440.90.280.940.51-1.00.761.00.79-0.080.70.880.731.0-0.38-0.820.840.890.83-0.380.890.870.2-0.37
0.92-0.440.90.280.940.51-1.00.761.00.79-0.080.70.880.731.0-0.38-0.820.840.890.83-0.380.890.870.2-0.37
0.77-0.410.670.40.770.5-0.80.540.790.79-0.230.360.670.640.8-0.19-0.50.530.760.60.040.750.550.24-0.06
0.16-0.450.210.240.10.220.060.33-0.08-0.08-0.230.520.230.26-0.08-0.280.060.360.20.04-0.740.20.27-0.720.37
0.79-0.710.820.380.750.64-0.690.830.70.70.360.520.830.720.7-0.54-0.680.910.790.62-0.870.790.89-0.270.01
0.98-0.511.00.570.920.47-0.880.950.880.880.670.230.830.930.88-0.42-0.750.940.980.75-0.660.980.98-0.13-0.13
0.87-0.470.90.830.740.44-0.730.950.730.730.640.260.720.930.73-0.38-0.490.780.880.47-0.60.880.88-0.120.13
0.92-0.440.90.290.940.51-1.00.761.01.00.8-0.080.70.880.73-0.38-0.820.840.90.83-0.380.90.870.19-0.37
-0.40.47-0.41-0.22-0.37-0.470.4-0.33-0.38-0.38-0.19-0.28-0.54-0.42-0.38-0.380.3-0.45-0.39-0.270.43-0.39-0.470.060.23
-0.80.38-0.790.05-0.87-0.350.79-0.62-0.82-0.82-0.50.06-0.68-0.75-0.49-0.820.3-0.86-0.78-0.930.5-0.79-0.770.10.5
0.94-0.590.950.320.930.5-0.830.880.840.840.530.360.910.940.780.84-0.45-0.860.940.85-0.780.940.95-0.3-0.21
1.0-0.560.980.490.970.51-0.890.910.890.890.760.20.790.980.880.9-0.39-0.780.940.82-0.581.00.93-0.17-0.13
0.84-0.390.79-0.090.930.35-0.820.580.830.830.60.040.620.750.470.83-0.27-0.930.850.82-0.430.820.73-0.13-0.52
-0.560.5-0.66-0.34-0.49-0.330.37-0.72-0.38-0.380.04-0.74-0.87-0.66-0.6-0.380.430.5-0.78-0.58-0.43-0.58-0.750.57-0.06
1.0-0.560.980.490.970.51-0.890.910.890.890.750.20.790.980.880.9-0.39-0.790.941.00.82-0.580.93-0.17-0.14
0.93-0.520.980.50.880.5-0.860.940.870.870.550.270.890.980.880.87-0.47-0.770.950.930.73-0.750.93-0.1-0.18
-0.120.28-0.13-0.08-0.10.05-0.2-0.20.20.20.24-0.72-0.27-0.13-0.120.190.060.1-0.3-0.17-0.130.57-0.17-0.1-0.31
-0.18-0.41-0.180.51-0.30.320.360.11-0.37-0.37-0.060.370.01-0.130.13-0.370.230.5-0.21-0.13-0.52-0.06-0.14-0.18-0.31
Click cells to compare fundamentals

Lindian Resources Account Relationship Matchups

Lindian Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6M5.0M7.5M64.3M79.1M83.1M
Other Current Liab748.011.7K9.0K15.1M17.4M18.2M
Total Current Liabilities127.1K306.1K227.4K16.2M825.3K946.9K
Total Stockholder Equity2.6M4.3M6.9M32.6M62.9M66.1M
Net Debt(603.3K)(500.8K)(2.2M)(7.6M)(13.3M)(12.6M)
Accounts Payable104.6K306.1K218.4K1.1M825.3K866.6K
Cash614.1K500.8K2.2M7.6M13.3M13.9M
Cash And Short Term Investments614.1K500.8K2.2M7.6M13.3M13.9M
Net Receivables40.0K10.6K31.5K138.5K129.8K136.3K
Common Stock Shares Outstanding518.6M666.5M767.9M933.5M1.1B1.2B
Liabilities And Stockholders Equity2.6M5.0M7.5M64.3M79.1M83.1M
Non Current Liabilities Total127.1K306.1K227.4K15.1M15.1M15.9M
Total Liab127.1K306.1K227.4K31.3M15.9M16.7M
Total Current Assets672.6K533.1K2.2M7.8M13.4M14.1M
Common Stock32.4M35.5M39.0M69.2M103.2M108.4M
Property Plant Equipment2.0M4.4M5.3M56.5M65.0M68.2M
Property Plant And Equipment Net30.7K109.4K105.4K18.1K65.7M69.0M
Retained Earnings(39.5M)(40.9M)(42.1M)(49.8M)(54.6M)(51.9M)
Non Current Assets Total2.0M4.4M5.3M56.5M65.7M69.0M
Non Currrent Assets Other1.9M4.3M5.2M56.5M65.0M68.2M
Other Stockholder Equity5.3M5.6M5.6M5.9M9.1M(0.95)
Property Plant And Equipment Gross2.0M4.5M5.3M56.6M65.7M69.0M
Accumulated Other Comprehensive Income9.7M9.7M10.0M13.3M14.4M15.1M
Other Current Assets18.5K21.7K21.3K40.3K60.8K63.8K
Net Tangible Assets2.6M4.3M6.9M32.6M37.5M39.4M
Cash And Equivalents614.1K500.8K2.2M7.6M8.8M9.2M
Net Invested Capital2.6M4.3M6.9M32.6M62.9M66.1M
Net Working Capital545.6K226.9K2.0M(8.4M)12.6M13.2M
Capital Stock32.4M35.5M39.0M69.2M103.2M56.5M

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