Lithium Retained Earnings vs Common Stock Analysis
LIS Stock | CAD 0.10 0.01 9.09% |
Lithium South financial indicator trend analysis is infinitely more than just investigating Lithium South Development recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lithium South Development is a good investment. Please check the relationship between Lithium South Retained Earnings and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium South Development. 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.
Retained Earnings vs Common Stock
Retained Earnings vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lithium South Development Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Lithium South's Retained Earnings and Common Stock is -0.88. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock in the same time period over historical financial statements of Lithium South Development, assuming nothing else is changed. The correlation between historical values of Lithium South's Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Lithium South Development are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., Lithium South's Retained Earnings and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Common Stock
Most indicators from Lithium South's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lithium South Development 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 South Development. 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. Enterprise Value is likely to climb to about 27.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.4 M in 2024.
Lithium South fundamental ratios Correlations
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Lithium South Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lithium South fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2M | 5.2M | 25.6M | 21.2M | 14.1M | 11.0M | |
Total Current Liabilities | 2.4M | 1.4M | 63.0K | 346.1K | 602.1K | 624.5K | |
Total Stockholder Equity | 776.3K | 3.8M | 25.5M | 20.9M | 13.5M | 10.1M | |
Net Tangible Assets | 3.0M | 1.4M | 776.3K | 3.8M | 4.4M | 2.3M | |
Retained Earnings | (42.8M) | (45.8M) | (53.9M) | (63.0M) | (71.5M) | (75.1M) | |
Accounts Payable | 481.7K | 880.4K | 38.0K | 321.1K | 577.1K | 414.6K | |
Cash | 1.6K | 46.4K | 13.6M | 3.6M | 1.5M | 1.4M | |
Non Current Assets Total | 3.1M | 5.1M | 8.2M | 12.3M | 12.2M | 12.8M | |
Net Receivables | 19.6K | 50.7K | 101.3K | 154.9K | 59.4K | 80.8K | |
Other Stockholder Equity | 6.7M | 7.6M | 7.6M | 8.2M | 9.4M | 7.7M | |
Total Liab | 2.4M | 1.4M | 63.0K | 346.1K | 602.1K | 644.1K | |
Total Current Assets | 23.1K | 97.1K | 17.4M | 9.0M | 1.9M | 1.8M | |
Common Stock | 29.7M | 34.9M | 36.0M | 41.4M | 47.6M | 36.6M | |
Property Plant Equipment | 628.5K | 1.6M | 3.1M | 5.1M | 5.9M | 6.2M | |
Common Stock Shares Outstanding | 7.1M | 27.8M | 92.1M | 96.5M | 97.0M | 51.9M | |
Net Invested Capital | 776.3K | 3.8M | 25.5M | 20.9M | 13.5M | 11.3M | |
Net Working Capital | (2.4M) | (1.3M) | 17.3M | 8.6M | 1.3M | 1.2M | |
Capital Stock | 36.0M | 41.4M | 65.2M | 67.5M | 67.7M | 57.3M |
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When running Lithium South's price analysis, check to measure Lithium South'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 South is operating at the current time. Most of Lithium South's value examination focuses on studying past and present price action to predict the probability of Lithium South'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 South's price. Additionally, you may evaluate how the addition of Lithium South to your portfolios can decrease your overall portfolio volatility.