Imagine Ptb Ratio vs Days Sales Outstanding 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 Ptb Ratio and its Days Sales Outstanding 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.

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imagine Lithium Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Imagine Lithium's Ptb Ratio and Days Sales Outstanding is -0.29. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding 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 Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Imagine Lithium are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Imagine Lithium's Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Days Sales Outstanding

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.

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 Architect
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.

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.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
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.