Sigma Other Stockholder Equity vs Other 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 Other Stockholder Equity and its Other 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.
Other Stockholder Equity vs Other Current Assets
Other Stockholder Equity vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sigma Lithium Resources Other Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sigma Lithium's Other Stockholder Equity and Other Current Assets is 0.83. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other 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 Other Stockholder Equity and Other 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 Other Stockholder Equity of Sigma Lithium Resources are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Stockholder Equity i.e., Sigma Lithium's Other Stockholder Equity and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Stockholder Equity
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 Depreciation | 57.6K | 102K | 4.4M | 4.6M | Cost Of Revenue | 57.6K | 102K | 92.3M | 97.0M |
Sigma Lithium fundamental ratios Correlations
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Sigma Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 1.2M | 72.1K | 6.1K | 7.0M | 6.6M | 6.9M | |
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 | |
Net Debt | 4.1M | (8.4M) | (153.8M) | (92.7M) | 112.2M | 117.8M | |
Retained Earnings | (31.7M) | (33.2M) | (67.1M) | (194.5M) | (232.8M) | (221.1M) | |
Cash | 103.6K | 13.5M | 154.3M | 96.4M | 64.4M | 67.6M | |
Cash And Short Term Investments | 103.6K | 13.5M | 154.3M | 96.4M | 64.4M | 67.6M | |
Liabilities And Stockholders Equity | 20.9M | 33.2M | 193.8M | 308.9M | 487.2M | 511.6M | |
Other Stockholder Equity | 4.4M | 3.9M | 30.9M | 103.9M | 59.0M | 61.9M | |
Total Liab | 12.2M | 11.4M | 8.7M | 125.8M | 273.0M | 286.6M | |
Total Current Assets | 483.9K | 14.0M | 155.1M | 114.5M | 142.7M | 149.8M | |
Property Plant And Equipment Net | 20.3M | 19.0M | 38.6M | 194.2M | 239.7M | 251.7M | |
Accounts Payable | 2.8M | 2.0M | 3.6M | 26.2M | 71.2M | 74.7M | |
Non Current Assets Total | 20.4M | 19.2M | 38.7M | 194.4M | 344.6M | 361.8M | |
Common Stock Shares Outstanding | 68.2M | 72.2M | 86.6M | 101.0M | 108.0M | 113.4M | |
Non Current Liabilities Total | 6.8M | 4.5M | 4.4M | 88.4M | 150.6M | 158.1M | |
Accumulated Other Comprehensive Income | (213.1K) | (2.9M) | (3.5M) | (3.0M) | 2.0M | 2.1M | |
Net Receivables | 380.2K | 313.8K | 467.7K | 14.9M | 29.7M | 31.2M | |
Other Current Assets | 380.2K | 503.4K | 341K | 18.1M | 29.1M | 30.6M | |
Common Stock | 36.2M | 53.9M | 224.8M | 276.7M | 386.0M | 405.3M | |
Short Long Term Debt Total | 4.2M | 5.1M | 514.5K | 3.7M | 176.6M | 185.5M | |
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 | |
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 | |
Net Working Capital | (4.9M) | 7.1M | 150.8M | 77.1M | 20.3M | 37.0M | |
Short Term Debt | 1.4M | 4.6M | 646K | 680K | 31.0M | 32.6M | |
Property Plant Equipment | 20.3M | 19.0M | 38.6M | 194.2M | 223.3M | 234.5M | |
Other Assets | 96.5K | 0.0 | 92.2K | 204K | 234.6K | 246.3K | |
Long Term Debt | 2.5M | 262.7K | 4.0M | 77.4M | 142.0M | 149.1M | |
Inventory | (380.2K) | 175.8K | 330.2K | (9.6M) | 19.4M | 20.4M | |
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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Try AI Portfolio ArchitectCheck 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.