Imagine Net Debt vs Net Tangible 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 Net Debt and its Net Tangible 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.
Net Debt vs Net Tangible Assets
Net Debt vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imagine Lithium Net Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Imagine Lithium's Net Debt and Net Tangible Assets is -0.49. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Tangible 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 Net Debt and Net Tangible 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 Net Debt of Imagine Lithium are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Debt i.e., Imagine Lithium's Net Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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
Click cells to compare fundamentals
Imagine Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |