American Retained Earnings vs Total Current Assets Analysis

AMLI Stock   0.75  0.05  7.14%   
American Lithium financial indicator trend analysis is way more than just evaluating American Lithium Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Lithium Corp is a good investment. Please check the relationship between American Lithium Retained Earnings and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Lithium Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Retained Earnings vs Total Current Assets

Retained Earnings vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Lithium Corp Retained Earnings account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between American Lithium's Retained Earnings and Total Current Assets is -0.79. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of American Lithium Corp, assuming nothing else is changed. The correlation between historical values of American Lithium's Retained Earnings and Total 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 Retained Earnings of American Lithium Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Retained Earnings i.e., American Lithium's Retained Earnings and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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.
Most indicators from American Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Lithium Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in American Lithium Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of now, American Lithium's Enterprise Value Over EBITDA is increasing as compared to previous years. The American Lithium's current Enterprise Value Multiple is estimated to increase to 2.87, while Selling General Administrative is projected to decrease to under 1.2 M.

American Lithium fundamental ratios Correlations

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0.230.480.220.19-0.590.360.190.480.050.620.630.330.41-0.420.460.330.640.250.260.710.72-0.89-0.020.210.28
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0.970.950.970.96-0.930.970.970.590.910.950.410.880.95-0.930.920.95-0.010.970.940.510.5-0.70.870.950.98
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0.410.60.40.38-0.60.480.380.570.190.660.720.820.490.5-0.640.680.50.480.390.41.0-0.720.090.390.44
-0.53-0.73-0.52-0.510.87-0.65-0.51-0.41-0.43-0.87-0.89-0.8-0.56-0.70.62-0.65-0.56-0.54-0.56-0.51-0.71-0.72-0.38-0.51-0.6
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American Lithium Account Relationship Matchups

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When determining whether American Lithium Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Lithium's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of American Lithium Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Lithium Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Lithium Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running American Lithium's price analysis, check to measure American 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 American Lithium is operating at the current time. Most of American Lithium's value examination focuses on studying past and present price action to predict the probability of American 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 American Lithium's price. Additionally, you may evaluate how the addition of American Lithium to your portfolios can decrease your overall portfolio volatility.
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Is American Lithium's industry 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 American Lithium. If investors know American 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 American 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
(0.15)
Return On Assets
(0.15)
Return On Equity
(0.24)
The market value of American Lithium Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Lithium's value that differs from its market value or its book value, called intrinsic value, which is American 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 American Lithium's market value can be influenced by many factors that don't directly affect American 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 American Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American 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.