Sigma Retained Earnings vs Long Term Debt Analysis

SGML Stock

19.43 0.97 4.75%

Sigma Lithium financial indicator trend analysis is much more than just breaking down Sigma Lithium Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sigma Lithium Resources is a good investment. Please check the relationship between Sigma Lithium Retained Earnings and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sigma Lithium Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sigma Lithium Resources Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Sigma Lithium's Retained Earnings and Long Term Debt is -0.97. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Sigma Lithium Resources, assuming nothing else is changed. The correlation between historical values of Sigma Lithium's Retained Earnings and Long Term 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 Retained Earnings of Sigma Lithium Resources are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Sigma Lithium's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt

Long-term debt is a debt that Sigma Lithium Resources has held for over one year. Long-term debt appears on Sigma Lithium Resources balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sigma Lithium Resources balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Sigma Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sigma Lithium Resources 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sigma Lithium Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, Sigma Lithium's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4.9 B in 2024, whereas Tax Provision is likely to drop slightly above 3.7 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	31.9M	128.1M	205.4M	215.7M
Cost Of Revenue	57.6K	102K	92.3M	97.0M

Total Operating Expenses Cost Of Revenue

Sigma Lithium fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Common Stock	Property Plant Equipment	Net Debt	Other Assets	Long Term Debt	Net Receivables	Non Current Liabilities Total	Capital Stock
Total Assets		-0.44	0.91	0.95	0.96	0.95	-0.98	0.96	0.65	0.98	0.74	0.64	-0.76	0.95	0.99	0.94	0.92	0.53	0.97	0.97	0.85	0.75	0.97	0.92	0.97	0.99
Other Current Liab	-0.44		-0.23	-0.55	-0.31	-0.55	0.39	-0.36	-0.48	-0.37	-0.86	-0.09	0.66	-0.28	-0.5	-0.26	-0.51	-0.52	-0.53	-0.37	-0.62	-0.13	-0.31	-0.34	-0.32	-0.44
Total Current Liabilities	0.91	-0.23		0.74	0.91	0.74	-0.88	0.99	0.31	0.96	0.47	0.44	-0.48	0.99	0.9	0.91	0.7	0.16	0.79	0.89	0.65	0.7	0.97	0.99	0.96	0.87
Total Stockholder Equity	0.95	-0.55	0.74		0.87	1.0	-0.92	0.83	0.85	0.87	0.84	0.65	-0.88	0.81	0.96	0.83	0.99	0.76	1.0	0.9	0.91	0.66	0.84	0.77	0.85	0.98
Other Liab	0.96	-0.31	0.91	0.87		0.86	-0.99	0.95	0.51	0.98	0.67	0.77	-0.66	0.96	0.92	1.0	0.8	0.37	0.91	1.0	0.78	0.84	0.98	0.89	0.98	0.94
Net Tangible Assets	0.95	-0.55	0.74	1.0	0.86		-0.92	0.82	0.85	0.87	0.85	0.65	-0.88	0.8	0.95	0.82	0.99	0.77	0.99	0.9	0.91	0.66	0.84	0.76	0.84	0.97
Retained Earnings	-0.98	0.39	-0.88	-0.92	-0.99	-0.92		-0.94	-0.61	-0.98	-0.75	-0.76	0.74	-0.94	-0.95	-0.98	-0.87	-0.48	-0.96	-1.0	-0.83	-0.84	-0.97	-0.88	-0.97	-0.97
Accounts Payable	0.96	-0.36	0.99	0.83	0.95	0.82	-0.94		0.41	0.99	0.61	0.52	-0.59	1.0	0.95	0.94	0.78	0.28	0.87	0.95	0.74	0.73	0.99	0.99	0.99	0.92
Cash	0.65	-0.48	0.31	0.85	0.51	0.85	-0.61	0.41		0.49	0.74	0.52	-0.85	0.39	0.67	0.44	0.89	0.98	0.8	0.56	0.77	0.39	0.44	0.34	0.44	0.73
Non Current Assets Total	0.98	-0.37	0.96	0.87	0.98	0.87	-0.98	0.99	0.49		0.67	0.63	-0.65	0.99	0.96	0.97	0.82	0.36	0.91	0.98	0.78	0.78	1.0	0.96	1.0	0.95
Common Stock Shares Outstanding	0.74	-0.86	0.47	0.84	0.67	0.85	-0.75	0.61	0.74	0.67		0.56	-0.88	0.56	0.76	0.62	0.8	0.71	0.84	0.72	0.85	0.55	0.61	0.54	0.63	0.76
Other Current Assets	0.64	-0.09	0.44	0.65	0.77	0.65	-0.76	0.52	0.52	0.63	0.56		-0.56	0.56	0.54	0.76	0.58	0.42	0.68	0.76	0.57	0.83	0.62	0.4	0.64	0.64
Other Stockholder Equity	-0.76	0.66	-0.48	-0.88	-0.66	-0.88	0.74	-0.59	-0.85	-0.65	-0.88	-0.56		-0.56	-0.77	-0.62	-0.87	-0.82	-0.86	-0.71	-0.98	-0.52	-0.6	-0.52	-0.61	-0.8
Total Liab	0.95	-0.28	0.99	0.81	0.96	0.8	-0.94	1.0	0.39	0.99	0.56	0.56	-0.56		0.93	0.96	0.76	0.25	0.85	0.95	0.71	0.76	1.0	0.98	0.99	0.91
Net Invested Capital	0.99	-0.5	0.9	0.96	0.92	0.95	-0.95	0.95	0.67	0.96	0.76	0.54	-0.77	0.93		0.89	0.93	0.56	0.97	0.94	0.86	0.69	0.94	0.92	0.94	0.99
Short Long Term Debt	0.94	-0.26	0.91	0.83	1.0	0.82	-0.98	0.94	0.44	0.97	0.62	0.76	-0.62	0.96	0.89		0.76	0.31	0.88	0.99	0.75	0.85	0.98	0.89	0.98	0.91
Total Current Assets	0.92	-0.51	0.7	0.99	0.8	0.99	-0.87	0.78	0.89	0.82	0.8	0.58	-0.87	0.76	0.93	0.76		0.82	0.97	0.84	0.89	0.6	0.79	0.73	0.79	0.95
Net Working Capital	0.53	-0.52	0.16	0.76	0.37	0.77	-0.48	0.28	0.98	0.36	0.71	0.42	-0.82	0.25	0.56	0.31	0.82		0.7	0.44	0.71	0.22	0.3	0.21	0.31	0.62
Common Stock	0.97	-0.53	0.79	1.0	0.91	0.99	-0.96	0.87	0.8	0.91	0.84	0.68	-0.86	0.85	0.97	0.88	0.97	0.7		0.94	0.91	0.71	0.88	0.81	0.89	0.99
Property Plant Equipment	0.97	-0.37	0.89	0.9	1.0	0.9	-1.0	0.95	0.56	0.98	0.72	0.76	-0.71	0.95	0.94	0.99	0.84	0.44	0.94		0.81	0.82	0.97	0.89	0.98	0.96
Net Debt	0.85	-0.62	0.65	0.91	0.78	0.91	-0.83	0.74	0.77	0.78	0.85	0.57	-0.98	0.71	0.86	0.75	0.89	0.71	0.91	0.81		0.6	0.74	0.68	0.75	0.88
Other Assets	0.75	-0.13	0.7	0.66	0.84	0.66	-0.84	0.73	0.39	0.78	0.55	0.83	-0.52	0.76	0.69	0.85	0.6	0.22	0.71	0.82	0.6		0.79	0.67	0.8	0.73
Long Term Debt	0.97	-0.31	0.97	0.84	0.98	0.84	-0.97	0.99	0.44	1.0	0.61	0.62	-0.6	1.0	0.94	0.98	0.79	0.3	0.88	0.97	0.74	0.79		0.97	1.0	0.93
Net Receivables	0.92	-0.34	0.99	0.77	0.89	0.76	-0.88	0.99	0.34	0.96	0.54	0.4	-0.52	0.98	0.92	0.89	0.73	0.21	0.81	0.89	0.68	0.67	0.97		0.96	0.88
Non Current Liabilities Total	0.97	-0.32	0.96	0.85	0.98	0.84	-0.97	0.99	0.44	1.0	0.63	0.64	-0.61	0.99	0.94	0.98	0.79	0.31	0.89	0.98	0.75	0.8	1.0	0.96		0.94
Capital Stock	0.99	-0.44	0.87	0.98	0.94	0.97	-0.97	0.92	0.73	0.95	0.76	0.64	-0.8	0.91	0.99	0.91	0.95	0.62	0.99	0.96	0.88	0.73	0.93	0.88	0.94

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Sigma Lithium Account Relationship Matchups

Sigma Lithium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	20.9M	33.2M	193.8M	308.9M	487.2M	511.6M
Other Current Liab	225.4K	72.1K	39.5K	5.1M	1.9M	1.7M
Total Current Liabilities	5.4M	6.9M	4.3M	37.4M	122.4M	128.5M
Total Stockholder Equity	8.7M	21.8M	185.1M	183.1M	214.3M	225.0M
Other Liab	4.0M	4.0M	4.2M	85.4M	98.2M	103.1M
Net Tangible Assets	8.7M	21.8M	185.1M	183.1M	210.6M	221.1M
Retained Earnings	(31.7M)	(33.2M)	(67.1M)	(194.5M)	(232.8M)	(221.1M)
Accounts Payable	3.0M	2.0M	3.6M	26.2M	71.2M	74.7M
Cash	103.6K	13.5M	154.3M	96.4M	64.4M	52.4M
Non Current Assets Total	20.4M	19.2M	38.7M	194.4M	344.6M	361.8M
Common Stock Shares Outstanding	68.9M	77.8M	99.4M	103.5M	110.1M	82.9M
Other Current Assets	52.4K	13.8K	11.5K	11.1M	4.4M	2.5M
Other Stockholder Equity	(213.1K)	(2.9M)	(3.5M)	(3.0M)	(2.7M)	(2.6M)
Total Liab	12.2M	11.4M	8.7M	125.8M	273.0M	286.6M
Net Invested Capital	12.6M	26.6M	185.3M	183.1M	385.2M	404.4M
Short Long Term Debt	1.3M	4.6M	270.1K	28.9M	33.2M	34.9M
Total Current Assets	483.9K	14.0M	155.1M	114.5M	142.7M	149.8M
Net Working Capital	(4.9M)	7.1M	150.8M	77.1M	20.3M	37.0M
Common Stock	36.2M	53.9M	224.8M	276.7M	318.2M	334.1M
Property Plant Equipment	20.3M	19.0M	38.6M	194.2M	223.3M	234.5M
Other Assets	96.5K	111.1K	92.2K	204K	234.6K	134.9K
Long Term Debt	2.5M	262.7K	4.0M	77.4M	142.0M	149.1M
Net Receivables	253.1K	313.8K	467.7K	4.9M	29.7M	31.2M
Non Current Liabilities Total	6.8M	4.5M	4.4M	88.4M	150.6M	158.1M
Capital Stock	36.2M	53.9M	224.8M	276.7M	386.0M	405.3M
Intangible Assets	96.5K	111.1K	92.2K	204K	234.6K	134.9K

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