| 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 Total Stockholder Equity and its Retained Earnings 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.
Total Stockholder Equity vs Retained Earnings
Total Stockholder Equity vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sigma Lithium Resources Total Stockholder Equity account and
Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Sigma Lithium's Total Stockholder Equity and Retained Earnings is -0.92. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings 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 Total Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Sigma Lithium Resources are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., Sigma Lithium's Total Stockholder Equity and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.92 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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.
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.
Sigma Lithium fundamental ratios Correlations
Click cells to compare fundamentals
Sigma Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sigma Lithium fundamental ratios Accounts
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