Lithium Historical Balance Sheet
| LEXI Stock | CAD 0.06 0.01 14.29% |
Trend analysis of Lithium Energi Exploration balance sheet accounts such as Property Plant And Equipment Net of 5.1 M provides information on Lithium Energi's total assets, liabilities, and equity, which is the actual value of Lithium Energi Explo to its prevalent stockholders. By breaking down trends over time using Lithium Energi balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Lithium Energi Explo latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lithium Energi Explo is a good buy for the upcoming year.
Lithium |
About Lithium Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Lithium Energi Explo at a specified time, usually calculated after every quarter, six months, or one year. Lithium Energi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lithium Energi and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Lithium currently owns. An asset can also be divided into two categories, current and non-current.
Lithium Energi Balance Sheet Chart
Lithium Energi Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Lithium Energi Explo uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Lithium Energi's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 1.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 4.1 M in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of Lithium Energi 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 Lithium Energi Explo 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.Total Current Liabilities
Total Current Liabilities is an item on Lithium Energi balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lithium Energi Exploration are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Lithium Energi Explo balance sheet. This account contains Lithium Energi investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Lithium Energi Exploration fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most accounts from Lithium Energi's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Lithium Energi Explo current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Energi Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Lithium Energi's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 1.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 4.1 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 9.7M | 11.8M | 7.1M | 4.1M | Total Assets | 7.6M | 5.1M | 7.3M | 4.3M |
Lithium Energi balance sheet Correlations
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Lithium Energi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Lithium Energi
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 Lithium Energi 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 Lithium Energi will appreciate offsetting losses from the drop in the long position's value.Moving against Lithium Stock
| 0.5 | RCI-A | Rogers Communications | PairCorr |
| 0.42 | ETHC | Ether Capital Corp | PairCorr |
The ability to find closely correlated positions to Lithium Energi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lithium Energi 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 Lithium Energi - 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 Lithium Energi Exploration to buy it.
The correlation of Lithium Energi 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 Lithium Energi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lithium Energi Explo 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 Lithium Energi 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Energi Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Lithium Stock analysis
When running Lithium Energi's price analysis, check to measure Lithium Energi'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 Lithium Energi is operating at the current time. Most of Lithium Energi's value examination focuses on studying past and present price action to predict the probability of Lithium Energi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Energi's price. Additionally, you may evaluate how the addition of Lithium Energi to your portfolios can decrease your overall portfolio volatility.
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