Imagine Net Tangible Assets vs Other Current Liab 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 Tangible Assets and its Other Current Liab 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 Tangible Assets vs Other Current Liab
Net Tangible Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imagine Lithium Net Tangible Assets account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Imagine Lithium's Net Tangible Assets and Other Current Liab is -0.22. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Liab 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 Tangible Assets and Other Current Liab 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 Tangible Assets of Imagine Lithium are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Tangible Assets i.e., Imagine Lithium's Net Tangible Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Other Current Liab
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
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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 |
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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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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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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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