Stria Pe Ratio vs Ptb Ratio Analysis
SRA Stock | CAD 0.05 0.01 9.09% |
Stria Lithium financial indicator trend analysis is much more than just breaking down Stria Lithium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stria Lithium is a good investment. Please check the relationship between Stria Lithium Pe Ratio and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stria Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Pe Ratio vs Ptb Ratio
Pe Ratio vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stria Lithium Pe Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Stria Lithium's Pe Ratio and Ptb Ratio is -0.12. Overlapping area represents the amount of variation of Pe Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Stria Lithium, assuming nothing else is changed. The correlation between historical values of Stria Lithium's Pe Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pe Ratio of Stria Lithium are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Pe Ratio i.e., Stria Lithium's Pe Ratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Pe Ratio
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from Stria Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stria Lithium 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 Stria Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Stria Lithium's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 746.9 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (2.40) in 2024.
Stria Lithium fundamental ratios Correlations
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Stria Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stria Lithium fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.8M | 3.7M | 5.2M | 3.9M | 4.5M | 4.7M | |
Total Current Liabilities | 1.6M | 1.1M | 1.5M | 217.6K | 250.3K | 237.8K | |
Total Stockholder Equity | 1.2M | 2.5M | 3.7M | 3.7M | 4.2M | 4.4M | |
Net Debt | (184.1K) | (1.1M) | (2.7M) | (1.7M) | (1.5M) | (1.4M) | |
Retained Earnings | (3.2M) | (3.7M) | (5.0M) | (6.2M) | (5.6M) | (5.3M) | |
Cash | 194.1K | 1.1M | 2.7M | 1.7M | 1.9M | 2.0M | |
Cash And Short Term Investments | 194.1K | 1.1M | 2.7M | 3.0M | 3.4M | 3.6M | |
Common Stock Shares Outstanding | 7.2M | 9.3M | 16.3M | 25.2M | 29.0M | 30.5M | |
Liabilities And Stockholders Equity | 2.8M | 3.7M | 5.2M | 3.9M | 4.5M | 4.7M | |
Other Stockholder Equity | 541.4K | 630.7K | 1.9M | 2.1M | 2.4M | 2.5M | |
Total Liab | 1.6M | 1.1M | 1.5M | 217.6K | 250.3K | 237.8K | |
Total Current Assets | 555.2K | 1.7M | 3.0M | 3.2M | 3.7M | 3.8M | |
Accounts Payable | 1.1M | 343.5K | 147.3K | 176.39 | 202.85 | 192.71 | |
Accumulated Other Comprehensive Income | 192.1K | 108.4K | 10.1K | 2.1K | 1.9K | 1.8K | |
Other Current Liab | 518.4K | 765.9K | 1.4M | 176.4K | 202.8K | 378.7K | |
Net Tangible Assets | 1.1M | 1.2M | 2.5M | 3.7M | 4.2M | 4.4M | |
Property Plant And Equipment Net | 2.2M | 1.9M | 2.2M | 712.5K | 819.4K | 1.3M | |
Non Current Assets Total | 2.2M | 1.9M | 2.2M | 712.5K | 819.4K | 1.3M | |
Net Receivables | 359.8K | 626.8K | 207.9K | 117.2K | 134.7K | 217.6K | |
Property Plant Equipment | 1.4M | 2.2M | 1.9M | 2.2M | 2.6M | 1.4M | |
Current Deferred Revenue | (28.5K) | (6.6K) | (765.88) | 41.3K | 47.4K | 49.8K | |
Short Term Debt | 28.5K | 6.6K | 765.88 | (176.39) | (158.75) | (150.81) | |
Net Invested Capital | 1.2M | 2.5M | 3.7M | 3.7M | 4.2M | 2.2M | |
Net Working Capital | (1.1M) | 624.8K | 1.4M | 3.0M | 3.4M | 3.6M |
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When running Stria Lithium's price analysis, check to measure Stria Lithium'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 Stria Lithium is operating at the current time. Most of Stria Lithium's value examination focuses on studying past and present price action to predict the probability of Stria Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stria Lithium's price. Additionally, you may evaluate how the addition of Stria Lithium to your portfolios can decrease your overall portfolio volatility.