Imagine Common Stock Shares Outstanding vs Other Stockholder Equity Analysis

ILI Stock

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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 Common Stock Shares Outstanding and its Other Stockholder Equity 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.

Common Stock Shares Outstanding vs Other Stockholder Equity

Common Stock Shares Outstanding vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imagine Lithium Common Stock Shares Outstanding account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Imagine Lithium's Common Stock Shares Outstanding and Other Stockholder Equity is -0.32. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Stockholder Equity 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 Common Stock Shares Outstanding and Other 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 Common Stock Shares Outstanding of Imagine Lithium are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Imagine Lithium's Common Stock Shares Outstanding and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Stockholder Equity

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Net Receivables	Short Term Investments	Short Long Term Debt Total	Other Current Liab	Non Currrent Assets Other	Short Term Debt	Common Stock	Net Tangible Assets	Property Plant Equipment	Short Long Term Debt	Other Assets	Other Current Assets
Total Assets		-0.47	1.0	-0.53	-0.69	-0.5	0.52	0.59	0.93	-0.38	-0.47	0.61	0.95	0.95	0.77	0.73	-0.52	-0.26	-0.25	-0.52	0.88	0.98	0.95	0.85	-0.78	0.76
Total Current Liabilities	-0.47		-0.53	0.43	0.12	0.98	-0.37	-0.4	-0.36	0.88	1.0	-0.41	-0.45	-0.45	-0.34	-0.27	0.61	-0.16	-0.04	0.61	-0.47	-0.46	-0.44	-0.46	0.51	-0.26
Total Stockholder Equity	1.0	-0.53		-0.54	-0.67	-0.56	0.53	0.6	0.92	-0.44	-0.53	0.62	0.95	0.95	0.76	0.72	-0.55	-0.23	-0.23	-0.55	0.88	0.97	0.94	0.85	-0.79	0.75
Net Debt	-0.53	0.43	-0.54		0.34	0.48	-1.0	-0.98	-0.25	0.42	0.43	-0.98	-0.26	-0.25	-0.01	-0.13	0.47	0.04	0.08	0.47	-0.51	-0.49	-0.33	-0.36	0.27	-0.02
Retained Earnings	-0.69	0.12	-0.67	0.34		0.12	-0.34	-0.4	-0.68	0.16	0.12	-0.42	-0.61	-0.61	-0.5	-0.5	0.56	0.66	-0.02	0.56	-0.79	-0.75	-0.73	-0.66	0.72	-0.55
Accounts Payable	-0.5	0.98	-0.56	0.48	0.12		-0.43	-0.46	-0.36	0.86	0.98	-0.47	-0.46	-0.46	-0.33	-0.29	0.56	-0.15	0.02	0.56	-0.48	-0.47	-0.43	-0.44	0.48	-0.24
Cash	0.52	-0.37	0.53	-1.0	-0.34	-0.43		0.99	0.24	-0.37	-0.37	0.98	0.24	0.24	0.0	0.12	-0.43	-0.06	-0.09	-0.43	0.49	0.48	0.31	0.36	-0.24	0.01
Cash And Short Term Investments	0.59	-0.4	0.6	-0.98	-0.4	-0.46	0.99		0.33	-0.39	-0.4	1.0	0.32	0.32	0.11	0.24	-0.47	-0.08	-0.12	-0.47	0.59	0.56	0.38	0.45	-0.28	0.12
Common Stock Shares Outstanding	0.93	-0.36	0.92	-0.25	-0.68	-0.36	0.24	0.33		-0.32	-0.36	0.36	0.96	0.96	0.9	0.86	-0.54	-0.17	-0.27	-0.54	0.85	0.96	0.96	0.86	-0.76	0.9
Other Stockholder Equity	-0.38	0.88	-0.44	0.42	0.16	0.86	-0.37	-0.39	-0.32		0.88	-0.4	-0.35	-0.35	-0.27	-0.23	0.76	-0.27	-0.03	0.76	-0.48	-0.44	-0.41	-0.43	0.51	-0.19
Total Liab	-0.47	1.0	-0.53	0.43	0.12	0.98	-0.37	-0.4	-0.36	0.88		-0.41	-0.45	-0.45	-0.34	-0.27	0.61	-0.16	-0.04	0.61	-0.47	-0.46	-0.44	-0.46	0.51	-0.26
Total Current Assets	0.61	-0.41	0.62	-0.98	-0.42	-0.47	0.98	1.0	0.36	-0.4	-0.41		0.35	0.35	0.14	0.27	-0.48	-0.09	-0.11	-0.48	0.62	0.58	0.41	0.47	-0.31	0.15
Property Plant And Equipment Net	0.95	-0.45	0.95	-0.26	-0.61	-0.46	0.24	0.32	0.96	-0.35	-0.45	0.35		1.0	0.87	0.75	-0.45	-0.19	-0.26	-0.45	0.83	0.93	0.97	0.83	-0.82	0.84
Non Current Assets Total	0.95	-0.45	0.95	-0.25	-0.61	-0.46	0.24	0.32	0.96	-0.35	-0.45	0.35	1.0		0.87	0.75	-0.45	-0.19	-0.26	-0.45	0.82	0.93	0.97	0.83	-0.82	0.84
Net Receivables	0.77	-0.34	0.76	-0.01	-0.5	-0.33	0.0	0.11	0.9	-0.27	-0.34	0.14	0.87	0.87		0.88	-0.41	-0.08	-0.04	-0.41	0.68	0.81	0.82	0.74	-0.65	0.97
Short Term Investments	0.73	-0.27	0.72	-0.13	-0.5	-0.29	0.12	0.24	0.86	-0.23	-0.27	0.27	0.75	0.75	0.88		-0.41	-0.08	-0.24	-0.41	0.63	0.78	0.7	0.72	-0.4	0.87
Short Long Term Debt Total	-0.52	0.61	-0.55	0.47	0.56	0.56	-0.43	-0.47	-0.54	0.76	0.61	-0.48	-0.45	-0.45	-0.41	-0.41		-0.11	-0.14	1.0	-0.68	-0.64	-0.6	-0.6	0.63	-0.43
Other Current Liab	-0.26	-0.16	-0.23	0.04	0.66	-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	-0.28	0.32	-0.14
Non Currrent Assets Other	-0.25	-0.04	-0.23	0.08	-0.02	0.02	-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	-0.09	0.06
Short Term Debt	-0.52	0.61	-0.55	0.47	0.56	0.56	-0.43	-0.47	-0.54	0.76	0.61	-0.48	-0.45	-0.45	-0.41	-0.41	1.0	-0.11	-0.14		-0.68	-0.64	-0.6	-0.6	0.63	-0.43
Common Stock	0.88	-0.47	0.88	-0.51	-0.79	-0.48	0.49	0.59	0.85	-0.48	-0.47	0.62	0.83	0.82	0.68	0.63	-0.68	-0.25	-0.14	-0.68		0.91	0.89	0.87	-0.83	0.68
Net Tangible Assets	0.98	-0.46	0.97	-0.49	-0.75	-0.47	0.48	0.56	0.96	-0.44	-0.46	0.58	0.93	0.93	0.81	0.78	-0.64	-0.22	-0.21	-0.64	0.91		0.97	0.89	-0.8	0.81
Property Plant Equipment	0.95	-0.44	0.94	-0.33	-0.73	-0.43	0.31	0.38	0.96	-0.41	-0.44	0.41	0.97	0.97	0.82	0.7	-0.6	-0.22	-0.2	-0.6	0.89	0.97		0.86	-0.89	0.82
Short Long Term Debt	0.85	-0.46	0.85	-0.36	-0.66	-0.44	0.36	0.45	0.86	-0.43	-0.46	0.47	0.83	0.83	0.74	0.72	-0.6	-0.28	-0.07	-0.6	0.87	0.89	0.86		-0.77	0.77
Other Assets	-0.78	0.51	-0.79	0.27	0.72	0.48	-0.24	-0.28	-0.76	0.51	0.51	-0.31	-0.82	-0.82	-0.65	-0.4	0.63	0.32	-0.09	0.63	-0.83	-0.8	-0.89	-0.77		-0.66
Other Current Assets	0.76	-0.26	0.75	-0.02	-0.55	-0.24	0.01	0.12	0.9	-0.19	-0.26	0.15	0.84	0.84	0.97	0.87	-0.43	-0.14	0.06	-0.43	0.68	0.81	0.82	0.77	-0.66

Click cells to compare fundamentals

Imagine Lithium Account Relationship Matchups

Imagine Lithium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.7M	6.8M	13.0M	11.0M	12.6M	13.3M
Total Current Liabilities	145.7K	44.8K	253.8K	275.6K	248.1K	330.4K
Total Stockholder Equity	5.5M	6.7M	12.8M	10.7M	12.3M	12.9M
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 Payable	118.0K	17.0K	63.5K	151.1K	136.0K	185.7K
Cash	830.4K	1.1M	4.7M	814.6K	936.8K	852.9K
Cash And Short Term Investments	834.4K	1.1M	4.8M	1.5M	1.7M	960.8K
Common Stock Shares Outstanding	59.6M	98.2M	143.0M	216.0M	248.4M	260.8M
Liabilities And Stockholders Equity	5.7M	6.8M	13.0M	11.0M	12.6M	13.3M
Other Stockholder Equity	3.9M	(225K)	4.6M	4.3M	4.9M	5.7M
Total Liab	145.7K	44.8K	253.8K	275.6K	248.1K	330.4K
Total Current Assets	855.1K	1.1M	4.9M	1.7M	1.9M	1.0M
Property Plant And Equipment Net	4.8M	5.7M	8.1M	9.3M	10.7M	11.2M
Non Current Assets Total	4.8M	5.7M	8.1M	9.3M	10.7M	11.2M
Net Receivables	14.5K	29.1K	32.4K	136.6K	122.9K	129.1K
Short Term Investments	4.1K	2.9K	110K	693.3K	797.3K	837.2K
Common Stock	22.1M	24.0M	30.8M	31.6M	36.4M	21.9M
Net Tangible Assets	4.8M	5.5M	6.7M	12.8M	14.7M	15.4M
Property Plant Equipment	4.4M	4.7M	5.7M	8.1M	9.4M	9.8M
Other Current Assets	6.1K	14.0K	18.9K	46.2K	53.2K	55.8K
Net Invested Capital	5.5M	6.7M	12.8M	10.7M	12.3M	8.5M
Net Working Capital	709.4K	1.1M	4.6M	1.4M	1.3M	1.7M
Capital Stock	22.1M	24.0M	30.8M	31.6M	36.4M	28.4M

Pair Trading with Imagine Lithium

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 Imagine Lithium 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 Imagine Lithium will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Imagine Lithium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Imagine Lithium 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 Imagine Lithium - 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 Imagine Lithium to buy it.

The correlation of Imagine Lithium 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 Imagine Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Imagine Lithium 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 Imagine Lithium 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.

Pair Correlation Correlation Matching

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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Imagine Stock analysis

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.

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Imagine Common Stock Shares Outstanding vs Other Stockholder Equity Analysis

Common Stock Shares Outstanding vs Other Stockholder Equity

Common Stock Shares Outstanding vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Other Stockholder Equity

Imagine Lithium fundamental ratios Correlations

Imagine Lithium Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Imagine Lithium fundamental ratios Accounts

Pair Trading with Imagine Lithium

Complementary Tools for Imagine Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Short Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.99	Cash

Cash	- 1.0	Net Debt
Total Current Assets	- 0.98	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Other Assets	- 0.89	Property Plant Equipment
Other Assets	- 0.83	Common Stock
Other Assets	- 0.82	Non Current Assets Total