| VLI Stock | | | CAD 0.03 0.01 50.00% |
Vision Lithium financial indicator trend analysis is much more than just breaking down Vision Lithium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vision Lithium is a good investment. Please check the relationship between Vision Lithium Total Assets and its Cash And Short Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Vision 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.
Total Assets vs Cash And Short Term Investments
Total Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vision Lithium Total Assets account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Vision Lithium's Total Assets and Cash And Short Term Investments is 0.11. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Vision Lithium, assuming nothing else is changed. The correlation between historical values of Vision Lithium's Total Assets and Cash And Short Term Investments 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 Assets of Vision Lithium are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., Vision Lithium's Total Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.11 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Vision Lithium assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Vision Lithium books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Vision Lithium balance sheet. This account contains Vision Lithium investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Vision Lithium fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Vision Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vision 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 Vision 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, Vision Lithium's
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 18.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1
M in 2024.
Vision Lithium fundamental ratios Correlations
Click cells to compare fundamentals
Vision Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vision Lithium fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Vision Stock Analysis
When running Vision Lithium's price analysis, check to
measure Vision 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 Vision Lithium is operating at the current time. Most of Vision Lithium's value examination focuses on studying past and present price action to
predict the probability of Vision 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 Vision Lithium's price. Additionally, you may evaluate how the addition of Vision Lithium to your portfolios can decrease your overall portfolio volatility.