Sigma Non Current Liabilities Total vs Total Current Assets Analysis

SGML Stock  USD 13.95  0.70  4.78%   
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 Non Current Liabilities Total and its Total Current Assets 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 population.

Non Current Liabilities Total vs Total Current Assets

Non Current Liabilities Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sigma Lithium Resources Non Current Liabilities Total account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sigma Lithium's Non Current Liabilities Total and Total Current Assets is 0.79. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Assets 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 Non Current Liabilities Total and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Sigma Lithium Resources are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Liabilities Total i.e., Sigma Lithium's Non Current Liabilities Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 population.
At this time, Sigma Lithium's Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 4.9 B this year, although the value of Tax Provision will most likely fall to about 3.7 M.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation57.6K102K4.4M4.6M
Cost Of Revenue57.6K102K92.3M97.0M

Sigma Lithium fundamental ratios Correlations

0.730.940.960.35-0.980.690.690.860.960.920.980.960.980.840.970.960.970.990.870.960.95-0.130.990.940.54
0.730.750.620.34-0.790.370.370.730.770.580.780.730.760.560.780.760.770.690.620.790.640.150.680.790.23
0.940.750.80.64-0.910.430.430.690.990.750.941.00.980.710.980.990.970.890.980.930.8-0.110.930.930.24
0.960.620.80.07-0.930.870.870.880.840.990.90.830.880.880.850.840.850.980.720.871.0-0.190.960.830.76
0.350.340.640.07-0.32-0.4-0.4-0.010.580.00.40.610.510.080.530.570.520.240.730.420.060.010.350.47-0.56
-0.98-0.79-0.91-0.93-0.32-0.66-0.66-0.92-0.95-0.88-0.99-0.93-0.97-0.87-0.97-0.95-0.97-0.97-0.81-0.98-0.930.1-0.95-0.96-0.51
0.690.370.430.87-0.4-0.661.00.740.470.920.590.460.540.740.50.480.50.780.330.550.88-0.250.710.480.98
0.690.370.430.87-0.4-0.661.00.740.470.920.590.460.540.740.50.480.50.780.330.550.88-0.250.710.480.98
0.860.730.690.88-0.01-0.920.740.740.770.840.90.740.820.80.820.790.830.880.540.90.890.080.810.880.63
0.960.770.990.840.58-0.950.470.470.770.780.971.00.990.741.01.00.990.920.950.960.83-0.060.940.960.29
0.920.580.750.990.0-0.880.920.920.840.780.840.780.820.850.790.780.790.960.670.80.99-0.230.930.760.82
0.980.780.940.90.4-0.990.590.590.90.970.840.960.990.820.990.980.990.960.851.00.9-0.030.950.990.43
0.960.731.00.830.61-0.930.460.460.741.00.780.960.990.740.990.990.980.910.970.950.82-0.10.950.940.28
0.980.760.980.880.51-0.970.540.540.820.990.820.990.990.791.01.01.00.950.920.980.87-0.070.960.970.36
0.840.560.710.880.08-0.870.740.740.80.740.850.820.740.790.760.740.750.890.620.780.9-0.520.850.740.68
0.970.780.980.850.53-0.970.50.50.821.00.790.990.991.00.761.01.00.930.920.980.85-0.020.940.980.32
0.960.760.990.840.57-0.950.480.480.791.00.780.980.991.00.741.01.00.920.940.970.83-0.030.940.970.29
0.970.770.970.850.52-0.970.50.50.830.990.790.990.981.00.751.01.00.930.910.990.840.00.940.990.32
0.990.690.890.980.24-0.970.780.780.880.920.960.960.910.950.890.930.920.930.820.930.98-0.20.990.90.64
0.870.620.980.720.73-0.810.330.330.540.950.670.850.970.920.620.920.940.910.820.830.71-0.160.890.840.14
0.960.790.930.870.42-0.980.550.550.90.960.81.00.950.980.780.980.970.990.930.830.860.040.921.00.37
0.950.640.81.00.06-0.930.880.880.890.830.990.90.820.870.90.850.830.840.980.710.86-0.240.950.820.77
-0.130.15-0.11-0.190.010.1-0.25-0.250.08-0.06-0.23-0.03-0.1-0.07-0.52-0.02-0.030.0-0.2-0.160.04-0.24-0.230.09-0.32
0.990.680.930.960.35-0.950.710.710.810.940.930.950.950.960.850.940.940.940.990.890.920.95-0.230.890.56
0.940.790.930.830.47-0.960.480.480.880.960.760.990.940.970.740.980.970.990.90.841.00.820.090.890.31
0.540.230.240.76-0.56-0.510.980.980.630.290.820.430.280.360.680.320.290.320.640.140.370.77-0.320.560.31
Click cells to compare fundamentals

Sigma Lithium Account Relationship Matchups

Sigma Lithium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.9M33.2M193.8M308.9M487.2M511.6M
Other Current Liab1.2M72.1K6.1K7.0M6.6M6.9M
Total Current Liabilities5.4M6.9M4.3M37.4M122.4M128.5M
Total Stockholder Equity8.7M21.8M185.1M183.1M214.3M225.0M
Net Debt4.1M(8.4M)(153.8M)(92.7M)112.2M117.8M
Retained Earnings(31.7M)(33.2M)(67.1M)(194.5M)(232.8M)(221.1M)
Cash103.6K13.5M154.3M96.4M64.4M67.6M
Cash And Short Term Investments103.6K13.5M154.3M96.4M64.4M67.6M
Liabilities And Stockholders Equity20.9M33.2M193.8M308.9M487.2M511.6M
Other Stockholder Equity4.4M3.9M30.9M103.9M59.0M61.9M
Total Liab12.2M11.4M8.7M125.8M273.0M286.6M
Total Current Assets483.9K14.0M155.1M114.5M142.7M149.8M
Property Plant And Equipment Net20.3M19.0M38.6M194.2M239.7M251.7M
Accounts Payable2.8M2.0M3.6M26.2M71.2M74.7M
Non Current Assets Total20.4M19.2M38.7M194.4M344.6M361.8M
Common Stock Shares Outstanding68.2M72.2M86.6M101.0M108.0M113.4M
Non Current Liabilities Total6.8M4.5M4.4M88.4M150.6M158.1M
Accumulated Other Comprehensive Income(213.1K)(2.9M)(3.5M)(3.0M)2.0M2.1M
Net Receivables380.2K313.8K467.7K14.9M29.7M31.2M
Other Current Assets380.2K503.4K341K18.1M29.1M30.6M
Common Stock36.2M53.9M224.8M276.7M386.0M405.3M
Short Long Term Debt Total4.2M5.1M514.5K3.7M176.6M185.5M
Other Liab4.0M4.0M4.2M85.4M98.2M103.1M
Net Tangible Assets8.7M21.8M185.1M183.1M210.6M221.1M
Net Invested Capital12.6M26.6M185.3M183.1M385.2M404.4M
Short Long Term Debt1.3M4.6M270.1K28.9M33.2M34.9M
Net Working Capital(4.9M)7.1M150.8M77.1M20.3M37.0M
Short Term Debt1.4M4.6M646K680K31.0M32.6M
Property Plant Equipment20.3M19.0M38.6M194.2M223.3M234.5M
Other Assets96.5K0.092.2K204K234.6K246.3K
Long Term Debt2.5M262.7K4.0M77.4M142.0M149.1M
Inventory(380.2K)175.8K330.2K(9.6M)19.4M20.4M
Capital Stock36.2M53.9M224.8M276.7M386.0M405.3M
Intangible Assets96.5K111.1K92.2K204K234.6K134.9K

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When determining whether Sigma Lithium Resources is a strong investment it is important to analyze Sigma Lithium's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sigma Lithium's future performance. For an informed investment choice regarding Sigma Stock, refer to the following important reports:
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 population.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sigma Lithium. If investors know Sigma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sigma Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.45)
Revenue Per Share
2.635
Return On Assets
0.086
Return On Equity
0.0686
The market value of Sigma Lithium Resources is measured differently than its book value, which is the value of Sigma that is recorded on the company's balance sheet. Investors also form their own opinion of Sigma Lithium's value that differs from its market value or its book value, called intrinsic value, which is Sigma Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sigma Lithium's market value can be influenced by many factors that don't directly affect Sigma Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sigma Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sigma Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sigma Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.