| LITH Stock | | | CAD 0.60 0.01 1.64% |
Lithium Chile financial indicator trend analysis is infinitely more than just investigating Lithium Chile recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lithium Chile is a good investment. Please check the relationship between Lithium Chile Ebit and its Other Operating Expenses accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Chile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Ebit vs Other Operating Expenses
Ebit vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lithium Chile Ebit account and
Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Lithium Chile's Ebit and Other Operating Expenses is -0.98. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Lithium Chile, assuming nothing else is changed. The correlation between historical values of Lithium Chile's Ebit and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Lithium Chile are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebit i.e., Lithium Chile's Ebit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.98 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Ebit
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lithium Chile. It is also known as Lithium Chile overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Lithium Chile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lithium Chile 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 Chile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, Lithium Chile's
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 84.1
M in 2025, whereas
Selling General Administrative is likely to drop slightly above 2.3
M in 2025.
Lithium Chile fundamental ratios Correlations
Click cells to compare fundamentals
Lithium Chile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lithium Chile fundamental ratios Accounts
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Additional Tools for Lithium Stock Analysis
When running Lithium Chile's price analysis, check to
measure Lithium Chile'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 Chile is operating at the current time. Most of Lithium Chile's value examination focuses on studying past and present price action to
predict the probability of Lithium Chile'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 Chile's price. Additionally, you may evaluate how the addition of Lithium Chile to your portfolios can decrease your overall portfolio volatility.