Lithium Historical Balance Sheet
Trend analysis of Lithium Tech Cp balance sheet accounts such as Total Current Liabilities of 16.2 M provides information on Lithium Tech's total assets, liabilities, and equity, which is the actual value of Lithium Tech Cp to its prevalent stockholders. By breaking down trends over time using Lithium Tech balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Lithium Tech Cp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lithium Tech Cp is a good buy for the upcoming year.
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About Lithium Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Lithium Tech Cp at a specified time, usually calculated after every quarter, six months, or one year. Lithium Tech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lithium Tech and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Lithium currently owns. An asset can also be divided into two categories, current and non-current.
Lithium Tech Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Lithium Tech assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lithium Tech Cp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Lithium Tech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lithium Tech Cp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents Lithium Tech obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Lithium Tech Cp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most accounts from Lithium Tech's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Lithium Tech Cp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Tech Cp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, Lithium Tech's Long Term Debt is relatively stable compared to the past year. As of 11/26/2024, Inventory is likely to grow to about 1.8 M, while Retained Earnings are likely to drop (146.7 M).
| 2010 | 2011 | 2023 | 2024 (projected) | Other Current Liabilities | 17.8M | 3.4M | 3.1M | 5.0M | Total Assets | 17.5M | 10.8M | 9.7M | 10.2M |
Lithium Tech balance sheet Correlations
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Lithium Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Lithium Tech
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lithium Tech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lithium Tech will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Lithium Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lithium Tech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lithium Tech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lithium Tech Cp to buy it.
The correlation of Lithium Tech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lithium Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lithium Tech Cp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lithium Tech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Lithium Stock Analysis
When running Lithium Tech's price analysis, check to measure Lithium Tech'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 Tech is operating at the current time. Most of Lithium Tech's value examination focuses on studying past and present price action to predict the probability of Lithium Tech'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 Tech's price. Additionally, you may evaluate how the addition of Lithium Tech to your portfolios can decrease your overall portfolio volatility.