Lithium Cash vs Accounts Payable Analysis
Lithium Tech financial indicator trend analysis is infinitely more than just investigating Lithium Tech Cp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lithium Tech Cp is a good investment. Please check the relationship between Lithium Tech Cash and its Accounts Payable accounts. 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.
Cash vs Accounts Payable
Cash vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lithium Tech Cp Cash account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Lithium Tech's Cash and Accounts Payable is 1.0. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Lithium Tech Cp, assuming nothing else is changed. The correlation between historical values of Lithium Tech's Cash and Accounts Payable 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 of Lithium Tech Cp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., Lithium Tech's Cash and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Lithium Tech Cp, which is listed under current asset account on Lithium Tech Cp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Lithium Tech customers. The amounts must be unrestricted with restricted cash listed in a different Lithium Tech account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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.Most indicators from Lithium Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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. As of 11/26/2024, Selling General Administrative is likely to grow to about 4.6 M
| 2010 | 2011 | 2023 | 2024 (projected) | Cost Of Revenue | 3.7M | 6.3M | 7.3M | 7.4M | Research Development | 3.1M | 532K | 478.8K | 454.9K |
Lithium Tech fundamental ratios 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.