Lithium Australia Revenue vs. Gross Profit
| LMMFF Stock | USD 0.01 0.01 53.33% |
For Lithium Australia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lithium Australia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lithium Australia NL utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lithium Australia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lithium Australia NL over time as well as its relative position and ranking within its peers.
Lithium |
Lithium Australia Gross Profit vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lithium Australia's current stock value. Our valuation model uses many indicators to compare Lithium Australia value to that of its competitors to determine the firm's financial worth. Lithium Australia NL is considered the number one company in revenue category among its peers. It also is currently regarded as number one stock in gross profit category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lithium Australia's earnings, one of the primary drivers of an investment's value.Lithium Revenue vs. Competition
Lithium Australia NL is considered the number one company in revenue category among its peers. Market size based on revenue of Other Industrial Metals & Mining industry is now estimated at about 570.77 Billion. Lithium Australia adds roughly 2.94 Million in revenue claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.
Lithium Gross Profit vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Lithium Australia |
| = | 2.94 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Lithium Australia |
| = | (1.68 M) |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Lithium Gross Profit Comparison
Lithium Australia is currently under evaluation in gross profit category among its peers.
Lithium Australia Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lithium Australia, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lithium Australia will eventually generate negative long term returns. The profitability progress is the general direction of Lithium Australia's change in net profit over the period of time. It can combine multiple indicators of Lithium Australia, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Lithium Australia Limited, together with its subsidiaries, primarily engages in the mineral exploration and technology development activities. Lithium Australia Limited was incorporated in 2007 and is based in West Perth, Australia. LITHIUM AUSTRALIA operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Lithium Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lithium Australia. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Lithium Australia position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Lithium Australia's important profitability drivers and their relationship over time.
Use Lithium Australia in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lithium Australia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lithium Australia will appreciate offsetting losses from the drop in the long position's value.Lithium Australia Pair Trading
Lithium Australia NL Pair Trading Analysis
The ability to find closely correlated positions to Lithium Australia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lithium Australia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lithium Australia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lithium Australia NL to buy it.
The correlation of Lithium Australia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lithium Australia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lithium Australia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lithium Australia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Lithium Australia position
In addition to having Lithium Australia in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Manufacturing Theme or any other thematic opportunities.
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Other Information on Investing in Lithium Pink Sheet
To fully project Lithium Australia's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lithium Australia at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Lithium Australia's income statement, its balance sheet, and the statement of cash flows.