| LMR Stock | | | CAD 0.13 0.01 7.14% |
Lomiko Metals financial indicator trend analysis is infinitely more than just investigating Lomiko Metals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lomiko Metals is a good investment. Please check the relationship between Lomiko Metals Cash And Short Term Investments and its Net Debt accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lomiko Metals. 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.
Cash And Short Term Investments vs Net Debt
Cash And Short Term Investments vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lomiko Metals Cash And Short Term Investments account and
Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Lomiko Metals' Cash And Short Term Investments and Net Debt is -0.99. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Lomiko Metals, assuming nothing else is changed. The correlation between historical values of Lomiko Metals' Cash And Short Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Lomiko Metals are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Lomiko Metals' Cash And Short Term Investments and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Lomiko Metals balance sheet. This account contains Lomiko Metals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Lomiko Metals fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Lomiko Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lomiko Metals 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 Lomiko Metals. 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, Lomiko Metals'
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 3.6
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(38.72) in 2024.
Lomiko Metals fundamental ratios Correlations
Click cells to compare fundamentals
Lomiko Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lomiko Metals fundamental ratios Accounts
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Additional Tools for Lomiko Stock Analysis
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measure Lomiko Metals' 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 Lomiko Metals is operating at the current time. Most of Lomiko Metals' value examination focuses on studying past and present price action to
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