Lithium Roic vs Intangibles To Total Assets 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 Roic and its Intangibles To Total Assets 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.
Roic vs Intangibles To Total Assets
Roic vs Intangibles To Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lithium Energi Explo Roic account and Intangibles To Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lithium Energi's Roic and Intangibles To Total Assets is 0.72. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Intangibles To Total Assets 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 Roic and Intangibles To Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Lithium Energi Exploration are associated (or correlated) with its Intangibles To Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangibles To Total Assets has no effect on the direction of Roic i.e., Lithium Energi's Roic and Intangibles To Total Assets go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Intangibles To Total Assets
The ratio of a company's intangible assets (like goodwill and patents) to its total assets.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
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Lithium Energi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.