E3 Lithium Financials
| ETL Stock | 0.99 0.02 1.98% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Debt Equity Ratio | 0.0179 | 0.0171 |
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| Current Ratio | 8.01 | 9.0843 |
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ETL | Select Account or Indicator |
Understanding current and past E3 Lithium Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of E3 Lithium's financial statements are interrelated, with each one affecting the others. For example, an increase in E3 Lithium's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in E3 Lithium's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of E3 Lithium. Check E3 Lithium's Beneish M Score to see the likelihood of E3 Lithium's management manipulating its earnings.
E3 Lithium Stock Summary
E3 Lithium competes with Foraco International, Geodrill, Major Drilling, and Bri Chem. E3 Lithium is entity of Canada. It is traded as Stock on V exchange.| Foreign Associate | USA |
Specialization | Basic Materials, Other Industrial Metals & Mining |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| Business Address | 300 5th Avenue |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.e3lithium.ca |
| Phone | 587 324 2775 |
You should never invest in E3 Lithium without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of ETL Stock, because this is throwing your money away. Analyzing the key information contained in E3 Lithium's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
E3 Lithium Key Financial Ratios
There are many critical financial ratios that E3 Lithium's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that E3 Lithium reports annually and quarterly.| Return On Equity | -0.2 | ||||
| Net Income | (9.04 M) | ||||
| Book Value Per Share | 0.76 X | ||||
| Market Capitalization | 76.02 M | ||||
| Total Asset | 61.99 M |
ETL Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining E3 Lithium's current stock value. Our valuation model uses many indicators to compare E3 Lithium value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across E3 Lithium competition to find correlations between indicators driving E3 Lithium's intrinsic value. More Info.E3 Lithium is rated # 5 in return on equity category among its peers. It also is rated # 5 in return on asset category among its peers . At this time, E3 Lithium's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the E3 Lithium's earnings, one of the primary drivers of an investment's value.E3 Lithium Systematic Risk
E3 Lithium's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. E3 Lithium volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on E3 Lithium correlated with the market. If Beta is less than 0 E3 Lithium generally moves in the opposite direction as compared to the market. If E3 Lithium Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one E3 Lithium is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of E3 Lithium is generally in the same direction as the market. If Beta > 1 E3 Lithium moves generally in the same direction as, but more than the movement of the benchmark.
E3 Lithium Accounts Payable Over Time
Today, most investors in E3 Lithium Stock are looking for potential investment opportunities by analyzing not only static indicators but also various E3 Lithium's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of E3 Lithium growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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E3 Lithium December 17, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of E3 Lithium help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of E3 Lithium. We use our internally-developed statistical techniques to arrive at the intrinsic value of E3 Lithium based on widely used predictive technical indicators. In general, we focus on analyzing ETL Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build E3 Lithium's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 13.2 | |||
| Value At Risk | (4.59) | |||
| Potential Upside | 5.13 |
Additional Tools for ETL Stock Analysis
When running E3 Lithium's price analysis, check to measure E3 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 E3 Lithium is operating at the current time. Most of E3 Lithium's value examination focuses on studying past and present price action to predict the probability of E3 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 E3 Lithium's price. Additionally, you may evaluate how the addition of E3 Lithium to your portfolios can decrease your overall portfolio volatility.