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 Current Assets and its Total Stockholder Equity 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 Current Assets vs Total Stockholder Equity
Total Current Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vision Lithium Total Current Assets account and
Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Vision Lithium's Total Current Assets and Total Stockholder Equity is 0.11. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity 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 Current Assets and Total Stockholder Equity 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 Current Assets of Vision Lithium are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., Vision Lithium's Total Current Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.
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.
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
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Additional Tools for Vision Stock Analysis
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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.