Imagine Accounts Payable vs Total Assets Analysis

ILI Stock  CAD 0.04  0.00  0.00%   
Imagine Lithium financial indicator trend analysis is infinitely more than just investigating Imagine Lithium recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imagine Lithium is a good investment. Please check the relationship between Imagine Lithium Accounts Payable and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imagine Lithium. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imagine Lithium Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Imagine Lithium's Accounts Payable and Total Assets is -0.5. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Imagine Lithium, assuming nothing else is changed. The correlation between historical values of Imagine Lithium's Accounts Payable and Total 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 Accounts Payable of Imagine Lithium are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Imagine Lithium's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Imagine Lithium obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Imagine Lithium are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Imagine 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 Imagine 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.
Most indicators from Imagine Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imagine 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imagine Lithium. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Imagine Lithium's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 19.62 in 2024, whereas Selling General Administrative is likely to drop slightly above 933.8 K in 2024.

Imagine Lithium fundamental ratios Correlations

-0.471.0-0.53-0.69-0.50.520.590.93-0.38-0.470.610.950.950.770.73-0.52-0.26-0.25-0.520.880.980.950.85-0.780.76
-0.47-0.530.430.120.98-0.37-0.4-0.360.881.0-0.41-0.45-0.45-0.34-0.270.61-0.16-0.040.61-0.47-0.46-0.44-0.460.51-0.26
1.0-0.53-0.54-0.67-0.560.530.60.92-0.44-0.530.620.950.950.760.72-0.55-0.23-0.23-0.550.880.970.940.85-0.790.75
-0.530.43-0.540.340.48-1.0-0.98-0.250.420.43-0.98-0.26-0.25-0.01-0.130.470.040.080.47-0.51-0.49-0.33-0.360.27-0.02
-0.690.12-0.670.340.12-0.34-0.4-0.680.160.12-0.42-0.61-0.61-0.5-0.50.560.66-0.020.56-0.79-0.75-0.73-0.660.72-0.55
-0.50.98-0.560.480.12-0.43-0.46-0.360.860.98-0.47-0.46-0.46-0.33-0.290.56-0.150.020.56-0.48-0.47-0.43-0.440.48-0.24
0.52-0.370.53-1.0-0.34-0.430.990.24-0.37-0.370.980.240.240.00.12-0.43-0.06-0.09-0.430.490.480.310.36-0.240.01
0.59-0.40.6-0.98-0.4-0.460.990.33-0.39-0.41.00.320.320.110.24-0.47-0.08-0.12-0.470.590.560.380.45-0.280.12
0.93-0.360.92-0.25-0.68-0.360.240.33-0.32-0.360.360.960.960.90.86-0.54-0.17-0.27-0.540.850.960.960.86-0.760.9
-0.380.88-0.440.420.160.86-0.37-0.39-0.320.88-0.4-0.35-0.35-0.27-0.230.76-0.27-0.030.76-0.48-0.44-0.41-0.430.51-0.19
-0.471.0-0.530.430.120.98-0.37-0.4-0.360.88-0.41-0.45-0.45-0.34-0.270.61-0.16-0.040.61-0.47-0.46-0.44-0.460.51-0.26
0.61-0.410.62-0.98-0.42-0.470.981.00.36-0.4-0.410.350.350.140.27-0.48-0.09-0.11-0.480.620.580.410.47-0.310.15
0.95-0.450.95-0.26-0.61-0.460.240.320.96-0.35-0.450.351.00.870.75-0.45-0.19-0.26-0.450.830.930.970.83-0.820.84
0.95-0.450.95-0.25-0.61-0.460.240.320.96-0.35-0.450.351.00.870.75-0.45-0.19-0.26-0.450.820.930.970.83-0.820.84
0.77-0.340.76-0.01-0.5-0.330.00.110.9-0.27-0.340.140.870.870.88-0.41-0.08-0.04-0.410.680.810.820.74-0.650.97
0.73-0.270.72-0.13-0.5-0.290.120.240.86-0.23-0.270.270.750.750.88-0.41-0.08-0.24-0.410.630.780.70.72-0.40.87
-0.520.61-0.550.470.560.56-0.43-0.47-0.540.760.61-0.48-0.45-0.45-0.41-0.41-0.11-0.141.0-0.68-0.64-0.6-0.60.63-0.43
-0.26-0.16-0.230.040.66-0.15-0.06-0.08-0.17-0.27-0.16-0.09-0.19-0.19-0.08-0.08-0.11-0.16-0.11-0.25-0.22-0.22-0.280.32-0.14
-0.25-0.04-0.230.08-0.020.02-0.09-0.12-0.27-0.03-0.04-0.11-0.26-0.26-0.04-0.24-0.14-0.16-0.14-0.14-0.21-0.2-0.07-0.090.06
-0.520.61-0.550.470.560.56-0.43-0.47-0.540.760.61-0.48-0.45-0.45-0.41-0.411.0-0.11-0.14-0.68-0.64-0.6-0.60.63-0.43
0.88-0.470.88-0.51-0.79-0.480.490.590.85-0.48-0.470.620.830.820.680.63-0.68-0.25-0.14-0.680.910.890.87-0.830.68
0.98-0.460.97-0.49-0.75-0.470.480.560.96-0.44-0.460.580.930.930.810.78-0.64-0.22-0.21-0.640.910.970.89-0.80.81
0.95-0.440.94-0.33-0.73-0.430.310.380.96-0.41-0.440.410.970.970.820.7-0.6-0.22-0.2-0.60.890.970.86-0.890.82
0.85-0.460.85-0.36-0.66-0.440.360.450.86-0.43-0.460.470.830.830.740.72-0.6-0.28-0.07-0.60.870.890.86-0.770.77
-0.780.51-0.790.270.720.48-0.24-0.28-0.760.510.51-0.31-0.82-0.82-0.65-0.40.630.32-0.090.63-0.83-0.8-0.89-0.77-0.66
0.76-0.260.75-0.02-0.55-0.240.010.120.9-0.19-0.260.150.840.840.970.87-0.43-0.140.06-0.430.680.810.820.77-0.66
Click cells to compare fundamentals

Imagine Lithium Account Relationship Matchups

Imagine Lithium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7M6.8M13.0M11.0M12.6M13.3M
Total Current Liabilities145.7K44.8K253.8K275.6K248.1K330.4K
Total Stockholder Equity5.5M6.7M12.8M10.7M12.3M12.9M
Net Debt(830.4K)(1.1M)(4.7M)(814.6K)(733.2K)(769.8K)
Retained Earnings(20.6M)(21.9M)(22.4M)(25.7M)(23.1M)(21.9M)
Accounts Payable118.0K17.0K63.5K151.1K136.0K185.7K
Cash830.4K1.1M4.7M814.6K936.8K852.9K
Cash And Short Term Investments834.4K1.1M4.8M1.5M1.7M960.8K
Common Stock Shares Outstanding59.6M98.2M143.0M216.0M248.4M260.8M
Liabilities And Stockholders Equity5.7M6.8M13.0M11.0M12.6M13.3M
Other Stockholder Equity3.9M(225K)4.6M4.3M4.9M5.7M
Total Liab145.7K44.8K253.8K275.6K248.1K330.4K
Total Current Assets855.1K1.1M4.9M1.7M1.9M1.0M
Property Plant And Equipment Net4.8M5.7M8.1M9.3M10.7M11.2M
Non Current Assets Total4.8M5.7M8.1M9.3M10.7M11.2M
Net Receivables14.5K29.1K32.4K136.6K122.9K129.1K
Short Term Investments4.1K2.9K110K693.3K797.3K837.2K
Common Stock22.1M24.0M30.8M31.6M36.4M21.9M
Net Tangible Assets4.8M5.5M6.7M12.8M14.7M15.4M
Property Plant Equipment4.4M4.7M5.7M8.1M9.4M9.8M
Other Current Assets6.1K14.0K18.9K46.2K53.2K55.8K
Net Invested Capital5.5M6.7M12.8M10.7M12.3M8.5M
Net Working Capital709.4K1.1M4.6M1.4M1.3M1.7M
Capital Stock22.1M24.0M30.8M31.6M36.4M28.4M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Imagine Lithium in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Imagine Lithium's short interest history, or implied volatility extrapolated from Imagine Lithium options trading.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imagine Lithium. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Imagine Lithium's price analysis, check to measure Imagine 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 Imagine Lithium is operating at the current time. Most of Imagine Lithium's value examination focuses on studying past and present price action to predict the probability of Imagine 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 Imagine Lithium's price. Additionally, you may evaluate how the addition of Imagine Lithium to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Imagine Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imagine Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imagine 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.