Argentina Capex To Depreciation vs Free Cash Flow Yield Analysis

LIT Stock

CAD 0.17 0.01 5.56%

Argentina Lithium financial indicator trend analysis is way more than just evaluating Argentina Lithium Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argentina Lithium Energy is a good investment. Please check the relationship between Argentina Lithium Capex To Depreciation and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Argentina Lithium Energy. 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.

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argentina Lithium Energy Capex To Depreciation account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between Argentina Lithium's Capex To Depreciation and Free Cash Flow Yield is 0.31. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Argentina Lithium Energy, assuming nothing else is changed. The correlation between historical values of Argentina Lithium's Capex To Depreciation 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 Capex To Depreciation of Argentina Lithium Energy 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 Capex To Depreciation i.e., Argentina Lithium's Capex To Depreciation and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

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Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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 Argentina Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argentina Lithium Energy 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 Argentina Lithium Energy. 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.

At this time, Argentina Lithium's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 36.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Argentina Lithium fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Net Receivables	Property Plant And Equipment Net	Short Term Investments	Net Tangible Assets	Property Plant Equipment	Short Long Term Debt Total	Other Current Liab	Short Long Term Debt	Short Term Debt	Inventory	Other Current Assets
Total Assets		0.99	1.0	-0.65	0.7	0.67	0.99	-0.34	0.67	0.93	-0.14	0.99	1.0	0.52	0.88	0.52	0.99	-0.54	0.86	0.88	-0.1	0.99	-0.1	-0.1	0.49	0.99
Total Current Liabilities	0.99		0.99	-0.68	0.61	0.71	0.99	-0.43	0.71	0.96	-0.1	1.0	0.99	0.59	0.92	0.56	0.98	-0.55	0.88	0.89	-0.04	0.99	-0.04	-0.04	0.55	0.97
Total Stockholder Equity	1.0	0.99		-0.67	0.7	0.69	0.99	-0.33	0.69	0.93	-0.13	0.99	1.0	0.53	0.89	0.53	0.99	-0.54	0.87	0.89	-0.11	0.99	-0.11	-0.11	0.49	0.98
Net Debt	-0.65	-0.68	-0.67		-0.1	-1.0	-0.71	0.33	-1.0	-0.81	-0.17	-0.68	-0.63	-0.76	-0.89	-0.88	-0.71	0.37	-0.93	-0.87	0.12	-0.71	0.12	0.12	-0.59	-0.53
Retained Earnings	0.7	0.61	0.7	-0.1		0.11	0.65	-0.03	0.11	0.41	-0.31	0.61	0.72	-0.19	0.35	0.05	0.67	-0.06	0.37	0.41	-0.29	0.64	-0.29	-0.29	-0.1	0.77
Cash	0.67	0.71	0.69	-1.0	0.11		0.73	-0.36	1.0	0.83	0.16	0.71	0.65	0.77	0.91	0.87	0.73	-0.39	0.94	0.88	-0.09	0.73	-0.09	-0.09	0.61	0.56
Non Current Assets Total	0.99	0.99	0.99	-0.71	0.65	0.73		-0.31	0.73	0.95	-0.09	0.99	0.98	0.57	0.92	0.6	1.0	-0.54	0.91	0.93	-0.09	0.99	-0.09	-0.09	0.52	0.96
Non Currrent Assets Other	-0.34	-0.43	-0.33	0.33	-0.03	-0.36	-0.31		-0.36	-0.51	-0.03	-0.43	-0.35	-0.33	-0.48	-0.32	-0.33	-0.06	-0.3	-0.25	0.0	-0.41	0.0	0.0	-0.36	-0.33
Cash And Short Term Investments	0.67	0.71	0.69	-1.0	0.11	1.0	0.73	-0.36		0.83	0.15	0.71	0.65	0.77	0.91	0.87	0.73	-0.4	0.94	0.88	-0.09	0.73	-0.09	-0.09	0.61	0.56
Common Stock Shares Outstanding	0.93	0.96	0.93	-0.81	0.41	0.83	0.95	-0.51	0.83		0.0	0.96	0.92	0.74	0.98	0.68	0.94	-0.55	0.93	0.93	-0.06	0.96	-0.06	-0.06	0.65	0.87
Other Stockholder Equity	-0.14	-0.1	-0.13	-0.17	-0.31	0.16	-0.09	-0.03	0.15	0.0		-0.1	-0.15	0.18	0.07	0.3	-0.1	-0.03	0.06	0.06	-0.15	-0.09	-0.15	-0.15	-0.07	-0.19
Total Liab	0.99	1.0	0.99	-0.68	0.61	0.71	0.99	-0.43	0.71	0.96	-0.1		0.99	0.59	0.92	0.56	0.98	-0.55	0.88	0.89	-0.04	0.99	-0.04	-0.04	0.55	0.97
Total Current Assets	1.0	0.99	1.0	-0.63	0.72	0.65	0.98	-0.35	0.65	0.92	-0.15	0.99		0.5	0.86	0.49	0.98	-0.53	0.84	0.86	-0.11	0.99	-0.11	-0.11	0.48	0.99
Common Stock	0.52	0.59	0.53	-0.76	-0.19	0.77	0.57	-0.33	0.77	0.74	0.18	0.59	0.5		0.75	0.69	0.55	-0.64	0.72	0.7	0.18	0.58	0.18	0.18	0.73	0.43
Accounts Payable	0.88	0.92	0.89	-0.89	0.35	0.91	0.92	-0.48	0.91	0.98	0.07	0.92	0.86	0.75		0.79	0.92	-0.48	0.97	0.96	-0.08	0.92	-0.08	-0.08	0.62	0.81
Net Receivables	0.52	0.56	0.53	-0.88	0.05	0.87	0.6	-0.32	0.87	0.68	0.3	0.56	0.49	0.69	0.79		0.61	-0.2	0.82	0.8	-0.06	0.58	-0.06	-0.06	0.49	0.4
Property Plant And Equipment Net	0.99	0.98	0.99	-0.71	0.67	0.73	1.0	-0.33	0.73	0.94	-0.1	0.98	0.98	0.55	0.92	0.61		-0.48	0.91	0.93	-0.1	0.99	-0.1	-0.1	0.51	0.96
Short Term Investments	-0.54	-0.55	-0.54	0.37	-0.06	-0.39	-0.54	-0.06	-0.4	-0.55	-0.03	-0.55	-0.53	-0.64	-0.48	-0.2	-0.48		-0.49	-0.5	-0.13	-0.53	-0.13	-0.13	-0.46	-0.52
Net Tangible Assets	0.86	0.88	0.87	-0.93	0.37	0.94	0.91	-0.3	0.94	0.93	0.06	0.88	0.84	0.72	0.97	0.82	0.91	-0.49		0.98	-0.1	0.89	-0.1	-0.1	0.61	0.78
Property Plant Equipment	0.88	0.89	0.89	-0.87	0.41	0.88	0.93	-0.25	0.88	0.93	0.06	0.89	0.86	0.7	0.96	0.8	0.93	-0.5	0.98		-0.06	0.9	-0.06	-0.06	0.59	0.8
Short Long Term Debt Total	-0.1	-0.04	-0.11	0.12	-0.29	-0.09	-0.09	0.0	-0.09	-0.06	-0.15	-0.04	-0.11	0.18	-0.08	-0.06	-0.1	-0.13	-0.1	-0.06		-0.14	1.0	1.0	0.57	-0.1
Other Current Liab	0.99	0.99	0.99	-0.71	0.64	0.73	0.99	-0.41	0.73	0.96	-0.09	0.99	0.99	0.58	0.92	0.58	0.99	-0.53	0.89	0.9	-0.14		-0.14	-0.14	0.5	0.97
Short Long Term Debt	-0.1	-0.04	-0.11	0.12	-0.29	-0.09	-0.09	0.0	-0.09	-0.06	-0.15	-0.04	-0.11	0.18	-0.08	-0.06	-0.1	-0.13	-0.1	-0.06	1.0	-0.14		1.0	0.57	-0.1
Short Term Debt	-0.1	-0.04	-0.11	0.12	-0.29	-0.09	-0.09	0.0	-0.09	-0.06	-0.15	-0.04	-0.11	0.18	-0.08	-0.06	-0.1	-0.13	-0.1	-0.06	1.0	-0.14	1.0		0.57	-0.1
Inventory	0.49	0.55	0.49	-0.59	-0.1	0.61	0.52	-0.36	0.61	0.65	-0.07	0.55	0.48	0.73	0.62	0.49	0.51	-0.46	0.61	0.59	0.57	0.5	0.57	0.57		0.43
Other Current Assets	0.99	0.97	0.98	-0.53	0.77	0.56	0.96	-0.33	0.56	0.87	-0.19	0.97	0.99	0.43	0.81	0.4	0.96	-0.52	0.78	0.8	-0.1	0.97	-0.1	-0.1	0.43

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Argentina Lithium Account Relationship Matchups

Argentina Lithium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	112.6K	88.0K	8.6M	15.6M	81.8M	85.9M
Total Current Liabilities	820.7K	306.7K	976.5K	1.9M	5.9M	6.2M
Total Stockholder Equity	(708.1K)	(218.7K)	7.6M	13.7M	63.4M	66.6M
Net Debt	538.9K	82.0K	(6.4M)	(8.1M)	(6.1M)	(5.8M)
Retained Earnings	(28.3M)	(28.5M)	(30.5M)	(39.0M)	10.3M	10.8M
Cash	10.1K	19.0K	6.4M	8.1M	6.1M	6.4M
Non Current Assets Total	77.8K	42.7K	2.1M	7.2M	20.4M	21.4M
Cash And Short Term Investments	10.1K	19.0K	6.4M	8.1M	6.1M	6.4M
Common Stock Shares Outstanding	18.6M	32.6M	45.7M	84.6M	130.2M	136.8M
Liabilities And Stockholders Equity	112.6K	88.0K	8.6M	15.6M	81.8M	85.9M
Other Stockholder Equity	37.5K	1.3M	500K	9.7M	122.5K	116.3K
Total Liab	820.7K	306.7K	976.5K	1.9M	5.9M	6.2M
Total Current Assets	34.8K	45.3K	6.5M	8.4M	61.4M	64.5M
Accounts Payable	256.8K	205.7K	931.3K	1.8M	2.1M	2.2M
Net Receivables	1.1K	1.7K	29.9K	112.3K	70.3K	42.9K
Property Plant And Equipment Net	77.8K	42.7K	2.1M	7.2M	19.1M	20.0M
Net Tangible Assets	(708.1K)	(218.7K)	7.6M	13.7M	15.7M	16.5M
Property Plant Equipment	77.8K	42.7K	2.1M	7.2M	8.2M	8.7M
Other Current Liab	15.0K	205.7K	976.5K	1.9M	5.9M	6.2M
Other Current Assets	23.6K	24.6K	39.2K	174.8K	49.5M	52.0M
Net Invested Capital	(159.1K)	(117.7K)	7.6M	13.7M	63.4M	66.6M
Net Working Capital	(785.9K)	(261.4K)	5.5M	6.5M	55.5M	58.3M

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