Labyrinth Net Debt vs Total Liab Analysis

LRL Stock   0.24  0.01  4.00%   
Labyrinth Resources financial indicator trend analysis is infinitely more than just investigating Labyrinth Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Labyrinth Resources is a good investment. Please check the relationship between Labyrinth Resources Net Debt and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Labyrinth Resources Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Labyrinth Resources Net Debt account and Total Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Labyrinth Resources' Net Debt and Total Liab is 0.07. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Labyrinth Resources Limited, assuming nothing else is changed. The correlation between historical values of Labyrinth Resources' Net Debt and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Labyrinth Resources Limited are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., Labyrinth Resources' Net Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Labyrinth Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Labyrinth Resources 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 Labyrinth Resources Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Issuance Of Capital Stock is likely to gain to about 2.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 624.5 K in 2024.

Labyrinth Resources fundamental ratios Correlations

0.720.910.88-0.170.05-0.040.89-0.040.660.910.330.120.0-0.040.870.140.38-0.270.70.190.180.2-0.240.87-0.16
0.720.470.550.22-0.1-0.350.51-0.350.320.780.640.070.110.340.52-0.010.69-0.280.620.210.60.2-0.270.56-0.53
0.910.470.91-0.360.160.190.910.190.770.810.080.14-0.23-0.10.860.010.07-0.20.750.16-0.120.11-0.150.90.16
0.880.550.910.00.160.00.960.00.750.87-0.040.14-0.410.170.88-0.130.02-0.230.740.19-0.190.09-0.170.970.22
-0.170.22-0.360.0-0.01-0.69-0.01-0.69-0.130.07-0.23-0.05-0.340.75-0.06-0.04-0.060.0-0.060.02-0.07-0.1-0.010.030.04
0.05-0.10.160.16-0.01-0.210.11-0.210.160.04-0.23-0.89-0.43-0.080.12-0.2-0.180.910.12-0.89-0.2-0.960.940.220.18
-0.04-0.350.190.0-0.69-0.21-0.051.0-0.02-0.2-0.060.31-0.01-0.33-0.07-0.24-0.27-0.23-0.040.23-0.260.29-0.22-0.050.26
0.890.510.910.96-0.010.11-0.05-0.050.730.91-0.10.2-0.350.160.960.14-0.01-0.260.750.23-0.240.12-0.20.950.26
-0.04-0.350.190.0-0.69-0.211.0-0.05-0.02-0.2-0.060.31-0.01-0.33-0.07-0.24-0.27-0.23-0.040.23-0.260.29-0.22-0.050.26
0.660.320.770.75-0.130.16-0.020.73-0.020.64-0.10.11-0.290.060.7-0.09-0.1-0.140.670.12-0.260.04-0.090.720.28
0.910.780.810.870.070.04-0.20.91-0.20.640.170.18-0.180.30.930.180.27-0.270.840.250.060.15-0.230.880.01
0.330.640.08-0.04-0.23-0.23-0.06-0.1-0.06-0.10.170.00.67-0.29-0.09-0.040.94-0.160.00.110.960.26-0.2-0.02-0.9
0.120.070.140.14-0.05-0.890.310.20.310.110.180.00.170.120.160.18-0.04-0.920.090.98-0.090.92-0.930.080.18
0.00.11-0.23-0.41-0.34-0.43-0.01-0.35-0.01-0.29-0.180.670.17-0.52-0.260.380.65-0.2-0.380.170.70.37-0.24-0.43-0.67
-0.040.34-0.10.170.75-0.08-0.330.16-0.330.060.3-0.290.12-0.520.18-0.12-0.17-0.140.390.16-0.220.02-0.150.210.22
0.870.520.860.88-0.060.12-0.070.96-0.070.70.93-0.090.16-0.260.180.280.02-0.20.790.18-0.210.09-0.160.90.24
0.14-0.010.01-0.13-0.04-0.2-0.240.14-0.24-0.090.18-0.040.180.38-0.120.280.06-0.140.00.140.030.18-0.14-0.06-0.03
0.380.690.070.02-0.06-0.18-0.27-0.01-0.27-0.10.270.94-0.040.65-0.170.020.06-0.11-0.010.090.940.21-0.170.08-0.89
-0.27-0.28-0.2-0.230.00.91-0.23-0.26-0.23-0.14-0.27-0.16-0.92-0.2-0.14-0.2-0.14-0.11-0.19-0.93-0.08-0.970.99-0.150.06
0.70.620.750.74-0.060.12-0.040.75-0.040.670.840.00.09-0.380.390.790.0-0.01-0.190.13-0.110.03-0.120.730.16
0.190.210.160.190.02-0.890.230.230.230.120.250.110.980.170.160.180.140.09-0.930.130.030.92-0.940.140.08
0.180.6-0.12-0.19-0.07-0.2-0.26-0.24-0.26-0.260.060.96-0.090.7-0.22-0.210.030.94-0.08-0.110.030.17-0.12-0.17-0.95
0.20.20.110.09-0.1-0.960.290.120.290.040.150.260.920.370.020.090.180.21-0.970.030.920.17-0.990.03-0.15
-0.24-0.27-0.15-0.17-0.010.94-0.22-0.2-0.22-0.09-0.23-0.2-0.93-0.24-0.15-0.16-0.14-0.170.99-0.12-0.94-0.12-0.99-0.120.1
0.870.560.90.970.030.22-0.050.95-0.050.720.88-0.020.08-0.430.210.9-0.060.08-0.150.730.14-0.170.03-0.120.2
-0.16-0.530.160.220.040.180.260.260.260.280.01-0.90.18-0.670.220.24-0.03-0.890.060.160.08-0.95-0.150.10.2
Click cells to compare fundamentals

Labyrinth Resources Account Relationship Matchups

Labyrinth Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.8M9.9M27.2M25.9M25.2M40.8M
Total Current Liabilities1.4M2.1M4.5M2.5M20.2M21.2M
Total Stockholder Equity11.4M7.7M10.9M6.7M5.0M4.8M
Property Plant And Equipment Net8.2M4.3M23.8M171.6K4.0M3.8M
Net Debt(1.3M)(4.6M)(2.4M)(418.2K)(287.1K)(301.4K)
Retained Earnings(284.3M)(288.3M)(295.3M)(301.4M)(304.7M)(289.5M)
Cash1.4M4.6M2.4M418.2K287.1K272.7K
Non Current Assets Total8.9M4.3M23.8M25.1M4.1M3.9M
Cash And Short Term Investments1.4M4.6M2.4M418.2K287.1K272.7K
Net Receivables2.3M(89.3K)780.7K242.5K15.7K14.9K
Liabilities And Stockholders Equity12.8M9.9M27.2M25.9M25.2M40.8M
Total Liab1.4M2.1M16.3M19.2M20.2M12.8M
Total Current Assets3.8M5.6M3.4M764.9K21.1M22.2M
Common Stock Shares Outstanding558.8M561.1M785.1M945.9M1.2B1.2B
Non Currrent Assets Other3.3M701.1K16.1K24.8M4.0M3.6M
Other Current Liab580.6K1.8M3.7M2.1M19.9M20.9M
Accounts Payable627.5K50.1K579.7K264.4K286.8K272.5K
Other Current Assets85.2K1.1M182.6K104.2K20.8M21.9M
Net Invested Capital11.5M7.7M10.9M6.7M5.0M7.2M
Net Working Capital2.5M3.5M(1.1M)(1.8M)935.7K669.7K

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