Lithium Cash vs Common Stock Shares Outstanding Analysis

LEXI Stock

CAD 0.04 0.01 16.67%

Lithium Energi financial indicator trend analysis is infinitely more than just investigating Lithium Energi Explo recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lithium Energi Explo is a good investment. Please check the relationship between Lithium Energi Cash and its Common Stock Shares Outstanding accounts. 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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lithium Energi Explo Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Lithium Energi's Cash and Common Stock Shares Outstanding is 0.1. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Lithium Energi Exploration, assuming nothing else is changed. The correlation between historical values of Lithium Energi's Cash and Common Stock Shares 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 Cash of Lithium Energi Exploration are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Lithium Energi's Cash and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Lithium Energi Explo, which is listed under current asset account on Lithium Energi Exploration balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Lithium Energi customers. The amounts must be unrestricted with restricted cash listed in a different Lithium Energi account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Lithium Energi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Selling General Administrative is likely to climb to about 3.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 299.6 K in 2024.

Lithium Energi fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Tangible Assets	Accounts Payable	Common Stock	Other Current Liab	Other Current Assets	Short Long Term Debt Total	Long Term Debt	Net Invested Capital	Short Long Term Debt	Net Working Capital	Short Term Debt	Intangible Assets
Total Assets		0.7	0.12	0.43	0.75	-0.52	0.47	0.97	0.47	0.12	0.57	0.25	0.82	0.51	0.02	0.6	0.6	0.71	0.16	0.03	0.57	-0.52	-0.07	-0.22	0.4	-0.08
Total Current Liabilities	0.7		-0.47	0.29	0.9	-0.42	-0.08	0.77	-0.08	-0.24	0.32	0.51	0.9	-0.05	-0.61	0.76	0.32	0.86	-0.17	0.48	0.7	-0.7	0.35	-0.8	0.75	0.25
Total Stockholder Equity	0.12	-0.47		0.18	-0.55	0.52	0.61	-0.04	0.61	-0.1	-0.33	-0.56	-0.46	0.61	0.97	-0.31	-0.3	-0.6	0.58	-0.73	-0.59	0.71	-0.64	0.44	-0.83	0.15
Property Plant And Equipment Net	0.43	0.29	0.18		0.19	-0.14	0.47	0.36	0.47	-0.04	0.19	0.29	0.28	0.43	0.11	0.15	0.17	0.21	0.41	-0.07	0.19	-0.14	-0.11	-0.15	0.09	0.07
Net Debt	0.75	0.9	-0.55	0.19		-0.74	-0.12	0.85	-0.12	0.06	0.66	0.58	0.98	-0.08	-0.61	0.66	0.66	0.96	-0.35	0.42	0.89	-0.89	0.26	-0.5	0.84	-0.1
Retained Earnings	-0.52	-0.42	0.52	-0.14	-0.74		0.02	-0.61	0.02	-0.61	-0.97	-0.46	-0.73	0.0	0.43	-0.25	-0.97	-0.77	0.31	-0.32	-0.83	0.91	-0.19	-0.13	-0.77	0.7
Cash	0.47	-0.08	0.61	0.47	-0.12	0.02		0.26	1.0	0.38	0.1	-0.33	0.06	0.99	0.55	0.26	0.13	0.0	0.86	-0.13	-0.25	0.26	-0.09	0.27	-0.26	-0.06
Non Current Assets Total	0.97	0.77	-0.04	0.36	0.85	-0.61	0.26		0.26	0.07	0.64	0.36	0.88	0.31	-0.12	0.57	0.66	0.78	-0.05	0.09	0.7	-0.66	-0.04	-0.27	0.53	-0.14
Cash And Short Term Investments	0.47	-0.08	0.61	0.47	-0.12	0.02	1.0	0.26		0.38	0.1	-0.33	0.06	0.99	0.55	0.26	0.13	0.0	0.86	-0.13	-0.25	0.26	-0.09	0.27	-0.26	-0.06
Net Receivables	0.12	-0.24	-0.1	-0.04	0.06	-0.61	0.38	0.07	0.38		0.65	-0.05	0.13	0.38	0.03	0.01	0.66	0.22	0.2	0.2	0.15	-0.3	0.19	0.62	0.24	-0.79
Common Stock Shares Outstanding	0.57	0.32	-0.33	0.19	0.66	-0.97	0.1	0.64	0.1	0.65		0.38	0.67	0.12	-0.23	0.17	1.0	0.68	-0.23	0.17	0.76	-0.82	0.05	0.28	0.64	-0.78
Other Stockholder Equity	0.25	0.51	-0.56	0.29	0.58	-0.46	-0.33	0.36	-0.33	-0.05	0.38		0.54	-0.3	-0.59	0.32	0.34	0.54	-0.59	0.42	0.52	-0.57	0.33	-0.33	0.61	-0.12
Total Liab	0.82	0.9	-0.46	0.28	0.98	-0.73	0.06	0.88	0.06	0.13	0.67	0.54		0.11	-0.54	0.72	0.67	0.97	-0.19	0.43	0.84	-0.85	0.28	-0.47	0.82	-0.11
Total Current Assets	0.51	-0.05	0.61	0.43	-0.08	0.0	0.99	0.31	0.99	0.38	0.12	-0.3	0.11		0.54	0.31	0.15	0.04	0.82	-0.12	-0.24	0.24	-0.07	0.27	-0.24	-0.06
Net Tangible Assets	0.02	-0.61	0.97	0.11	-0.61	0.43	0.55	-0.12	0.55	0.03	-0.23	-0.59	-0.54	0.54		-0.49	-0.2	-0.66	0.51	-0.8	-0.55	0.68	-0.71	0.62	-0.85	-0.03
Accounts Payable	0.6	0.76	-0.31	0.15	0.66	-0.25	0.26	0.57	0.26	0.01	0.17	0.32	0.72	0.31	-0.49		0.19	0.76	0.14	0.69	0.29	-0.39	0.64	-0.62	0.6	0.22
Common Stock	0.6	0.32	-0.3	0.17	0.66	-0.97	0.13	0.66	0.13	0.66	1.0	0.34	0.67	0.15	-0.2	0.19		0.68	-0.2	0.17	0.75	-0.81	0.05	0.28	0.63	-0.77
Other Current Liab	0.71	0.86	-0.6	0.21	0.96	-0.77	0.0	0.78	0.0	0.22	0.68	0.54	0.97	0.04	-0.66	0.76	0.68		-0.21	0.59	0.82	-0.89	0.45	-0.46	0.9	-0.18
Other Current Assets	0.16	-0.17	0.58	0.41	-0.35	0.31	0.86	-0.05	0.86	0.2	-0.23	-0.59	-0.19	0.82	0.51	0.14	-0.2	-0.21		-0.11	-0.45	0.45	-0.03	0.11	-0.37	0.18
Short Long Term Debt Total	0.03	0.48	-0.73	-0.07	0.42	-0.32	-0.13	0.09	-0.13	0.2	0.17	0.42	0.43	-0.12	-0.8	0.69	0.17	0.59	-0.11		0.19	-0.45	0.98	-0.48	0.76	-0.11
Long Term Debt	0.57	0.7	-0.59	0.19	0.89	-0.83	-0.25	0.7	-0.25	0.15	0.76	0.52	0.84	-0.24	-0.55	0.29	0.75	0.82	-0.45	0.19		-0.95	0.01	-0.28	0.77	-0.26
Net Invested Capital	-0.52	-0.7	0.71	-0.14	-0.89	0.91	0.26	-0.66	0.26	-0.3	-0.82	-0.57	-0.85	0.24	0.68	-0.39	-0.81	-0.89	0.45	-0.45	-0.95		-0.29	0.27	-0.92	0.41
Short Long Term Debt	-0.07	0.35	-0.64	-0.11	0.26	-0.19	-0.09	-0.04	-0.09	0.19	0.05	0.33	0.28	-0.07	-0.71	0.64	0.05	0.45	-0.03	0.98	0.01	-0.29		-0.41	0.64	-0.09
Net Working Capital	-0.22	-0.8	0.44	-0.15	-0.5	-0.13	0.27	-0.27	0.27	0.62	0.28	-0.33	-0.47	0.27	0.62	-0.62	0.28	-0.46	0.11	-0.48	-0.28	0.27	-0.41		-0.46	-0.69
Short Term Debt	0.4	0.75	-0.83	0.09	0.84	-0.77	-0.26	0.53	-0.26	0.24	0.64	0.61	0.82	-0.24	-0.85	0.6	0.63	0.9	-0.37	0.76	0.77	-0.92	0.64	-0.46		-0.3
Intangible Assets	-0.08	0.25	0.15	0.07	-0.1	0.7	-0.06	-0.14	-0.06	-0.79	-0.78	-0.12	-0.11	-0.06	-0.03	0.22	-0.77	-0.18	0.18	-0.11	-0.26	0.41	-0.09	-0.69	-0.3

Click cells to compare fundamentals

Lithium Energi Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Lithium Cash vs Common Stock Shares Outstanding Analysis

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Cash

Common Stock Shares Outstanding

Lithium Energi fundamental ratios Correlations

Lithium Energi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Lithium Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Shares Outstanding
Total Current Assets	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Liab	+ 0.98	Net Debt
Short Long Term Debt	+ 0.98	Short Long Term Debt Total

Common Stock	- 0.97	Retained Earnings
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Net Invested Capital	- 0.95	Long Term Debt
Short Term Debt	- 0.92	Net Invested Capital
Net Invested Capital	- 0.89	Other Current Liab
Net Invested Capital	- 0.89	Net Debt