Piedmont Long Term Debt vs Common Stock Analysis

PLL Stock

USD 12.56 0.21 1.70%

Piedmont Lithium financial indicator trend analysis is much more than just breaking down Piedmont Lithium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Piedmont Lithium is a good investment. Please check the relationship between Piedmont Lithium Long Term Debt and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Lithium Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Piedmont Lithium Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have strong relationship.

The correlation between Piedmont Lithium's Long Term Debt and Common Stock is 0.73. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Piedmont Lithium Ltd, assuming nothing else is changed. The correlation between historical values of Piedmont Lithium's Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Piedmont Lithium Ltd are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., Piedmont Lithium's Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that Piedmont Lithium has held for over one year. Long-term debt appears on Piedmont Lithium Ltd balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Piedmont Lithium Ltd balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock

Most indicators from Piedmont Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Piedmont Lithium 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Lithium Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, Piedmont Lithium's Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 108.1 M this year, although Enterprise Value Over EBITDA will most likely fall to (85.11).

	2021	2022	2023	2024 (projected)
Interest Expense	193.3K	115.0K	39K	37.1K
Depreciation And Amortization	11.6K	30.2M	34.7M	36.4M

Interest Expense Depreciation And Amortization

Piedmont Lithium fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Current Deferred Revenue	Short Term Investments	Intangible Assets
Total Assets		-0.33	0.95	0.92	1.0	0.98	-0.84	-0.95	0.94	0.79	0.97	0.44	0.91	0.18	-0.72	0.88	0.92	-0.5	0.93	0.81	0.37	-0.76	0.12	-0.92	0.47	-0.79
Short Long Term Debt Total	-0.33		-0.34	-0.38	-0.32	-0.34	0.21	0.1	-0.47	-0.2	-0.33	-0.35	-0.23	-0.93	0.25	-0.1	-0.33	-0.51	-0.38	-0.26	0.49	0.61	0.87	0.36	-0.94	0.17
Other Current Liab	0.95	-0.34		0.92	0.94	0.97	-0.65	-0.91	0.97	0.59	0.98	0.52	0.75	0.09	-0.72	0.81	0.93	-0.43	0.92	0.61	0.17	-0.66	0.13	-0.99	0.4	-0.79
Total Current Liabilities	0.92	-0.38	0.92		0.9	0.98	-0.61	-0.84	0.88	0.54	0.97	0.17	0.74	0.16	-0.85	0.76	0.96	-0.31	1.0	0.56	0.25	-0.66	-0.02	-0.85	0.53	-0.92
Total Stockholder Equity	1.0	-0.32	0.94	0.9		0.97	-0.86	-0.95	0.94	0.81	0.96	0.46	0.93	0.17	-0.69	0.89	0.91	-0.52	0.91	0.83	0.38	-0.76	0.14	-0.92	0.46	-0.77
Property Plant And Equipment Net	0.98	-0.34	0.97	0.98	0.97		-0.71	-0.92	0.94	0.65	1.0	0.35	0.82	0.13	-0.79	0.83	0.96	-0.43	0.98	0.67	0.29	-0.7	0.09	-0.93	0.47	-0.87
Net Debt	-0.84	0.21	-0.65	-0.61	-0.86	-0.71		0.8	-0.71	-0.99	-0.69	-0.44	-0.98	-0.26	0.39	-0.81	-0.61	0.54	-0.62	-0.99	-0.55	0.76	-0.18	0.66	-0.39	0.45
Retained Earnings	-0.95	0.1	-0.91	-0.84	-0.95	-0.92	0.8		-0.89	-0.77	-0.92	-0.45	-0.87	0.05	0.61	-0.96	-0.9	0.72	-0.85	-0.77	-0.43	0.54	-0.35	0.89	-0.23	0.71
Accounts Payable	0.94	-0.47	0.97	0.88	0.94	0.94	-0.71	-0.89		0.66	0.95	0.61	0.78	0.26	-0.65	0.83	0.93	-0.38	0.89	0.68	0.11	-0.7	0.01	-0.98	0.52	-0.71
Cash	0.79	-0.2	0.59	0.54	0.81	0.65	-0.99	-0.77	0.66		0.62	0.46	0.96	0.27	-0.33	0.8	0.55	-0.57	0.55	1.0	0.56	-0.71	0.18	-0.61	0.36	-0.38
Non Current Assets Total	0.97	-0.33	0.98	0.97	0.96	1.0	-0.69	-0.92	0.95	0.62		0.38	0.8	0.1	-0.79	0.83	0.96	-0.43	0.98	0.64	0.27	-0.68	0.11	-0.94	0.44	-0.86
Non Currrent Assets Other	0.44	-0.35	0.52	0.17	0.46	0.35	-0.44	-0.45	0.61	0.46	0.38		0.39	0.26	0.03	0.44	0.31	-0.28	0.2	0.47	-0.19	-0.4	0.06	-0.65	0.2	0.03
Cash And Short Term Investments	0.91	-0.23	0.75	0.74	0.93	0.82	-0.98	-0.87	0.78	0.96	0.8	0.39		0.22	-0.53	0.86	0.73	-0.55	0.75	0.96	0.56	-0.77	0.18	-0.74	0.42	-0.6
Net Receivables	0.18	-0.93	0.09	0.16	0.17	0.13	-0.26	0.05	0.26	0.27	0.1	0.26	0.22		-0.05	0.0	0.1	0.53	0.16	0.32	-0.38	-0.57	-0.89	-0.12	0.91	0.05
Good Will	-0.72	0.25	-0.72	-0.85	-0.69	-0.79	0.39	0.61	-0.65	-0.33	-0.79	0.03	-0.53	-0.05		-0.55	-0.78	0.19	-0.84	-0.35	-0.43	0.48	0.02	0.61	-0.46	0.98
Common Stock Shares Outstanding	0.88	-0.1	0.81	0.76	0.89	0.83	-0.81	-0.96	0.83	0.8	0.83	0.44	0.86	0.0	-0.55		0.84	-0.77	0.77	0.79	0.48	-0.46	0.33	-0.8	0.24	-0.64
Non Current Liabilities Total	0.92	-0.33	0.93	0.96	0.91	0.96	-0.61	-0.9	0.93	0.55	0.96	0.31	0.73	0.1	-0.78	0.84		-0.42	0.96	0.58	0.23	-0.54	0.07	-0.89	0.45	-0.86
Inventory	-0.5	-0.51	-0.43	-0.31	-0.52	-0.43	0.54	0.72	-0.38	-0.57	-0.43	-0.28	-0.55	0.53	0.19	-0.77	-0.42		-0.32	-0.52	-0.62	-0.01	-0.8	0.44	0.4	0.3
Total Liab	0.93	-0.38	0.92	1.0	0.91	0.98	-0.62	-0.85	0.89	0.55	0.98	0.2	0.75	0.16	-0.84	0.77	0.96	-0.32		0.58	0.25	-0.66	-0.01	-0.86	0.53	-0.91
Total Current Assets	0.81	-0.26	0.61	0.56	0.83	0.67	-0.99	-0.77	0.68	1.0	0.64	0.47	0.96	0.32	-0.35	0.79	0.58	-0.52	0.58		0.52	-0.74	0.12	-0.62	0.42	-0.39
Short Term Debt	0.37	0.49	0.17	0.25	0.38	0.29	-0.55	-0.43	0.11	0.56	0.27	-0.19	0.56	-0.38	-0.43	0.48	0.23	-0.62	0.25	0.52		-0.16	0.59	-0.1	-0.2	-0.45
Common Stock	-0.76	0.61	-0.66	-0.66	-0.76	-0.7	0.76	0.54	-0.7	-0.71	-0.68	-0.4	-0.77	-0.57	0.48	-0.46	-0.54	-0.01	-0.66	-0.74	-0.16		0.28	0.66	-0.72	0.49
Other Assets	0.12	0.87	0.13	-0.02	0.14	0.09	-0.18	-0.35	0.01	0.18	0.11	0.06	0.18	-0.89	0.02	0.33	0.07	-0.8	-0.01	0.12	0.59	0.28		-0.13	-0.8	-0.1
Current Deferred Revenue	-0.92	0.36	-0.99	-0.85	-0.92	-0.93	0.66	0.89	-0.98	-0.61	-0.94	-0.65	-0.74	-0.12	0.61	-0.8	-0.89	0.44	-0.86	-0.62	-0.1	0.66	-0.13		-0.39	0.69
Short Term Investments	0.47	-0.94	0.4	0.53	0.46	0.47	-0.39	-0.23	0.52	0.36	0.44	0.2	0.42	0.91	-0.46	0.24	0.45	0.4	0.53	0.42	-0.2	-0.72	-0.8	-0.39		-0.38
Intangible Assets	-0.79	0.17	-0.79	-0.92	-0.77	-0.87	0.45	0.71	-0.71	-0.38	-0.86	0.03	-0.6	0.05	0.98	-0.64	-0.86	0.3	-0.91	-0.39	-0.45	0.49	-0.1	0.69	-0.38

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Piedmont Lithium Account Relationship Matchups

Piedmont Lithium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	27.7M	6.8M	187.9M	287.9M	381.3M	400.3M
Total Current Liabilities	1.9M	2.1M	6.2M	13.4M	41.4M	43.4M
Total Stockholder Equity	23.8M	4.6M	180.4M	270.3M	332.3M	348.9M
Property Plant And Equipment Net	8.7M	2.3M	27.5M	72.8M	128.5M	134.9M
Retained Earnings	(51.6M)	(46.2M)	(71.3M)	(105.7M)	(126.8M)	(120.5M)
Accounts Payable	791.3K	1.4M	2.6M	12.9M	11.8M	12.3M
Cash	18.9M	4.4M	142.7M	99.2M	71.7M	75.3M
Non Current Assets Total	8.7M	2.3M	43.9M	186.1M	305.1M	320.4M
Common Stock Shares Outstanding	10.4M	13.6M	15.4M	18.1M	19.3M	20.2M
Non Current Liabilities Total	1.9M	1.4M	1.2M	4.2M	7.6M	7.9M
Other Current Assets	59.0K	35K	1.3M	2.6M	3.3M	3.5M
Total Liab	3.8M	2.1M	7.4M	17.6M	48.9M	51.4M
Total Current Assets	18.9M	4.5M	143.9M	101.9M	76.2M	80.0M

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When determining whether Piedmont Lithium is a strong investment it is important to analyze Piedmont Lithium's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Piedmont Lithium's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports:

How To Invest In Piedmont

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Is Piedmont Stock a good investment?

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What is Piedmont Lithium's Net Worth?

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Largest Diversified Metals & Mining Companies

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Largest Other Industrial Metals & Mining Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Lithium Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Piedmont Lithium. If investors know Piedmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Piedmont Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.293

Earnings Share

(4.10)

Revenue Per Share

0.024

Quarterly Revenue Growth

(0.41)

Return On Assets

(0.09)

The market value of Piedmont Lithium is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Lithium's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Piedmont Lithium's market value can be influenced by many factors that don't directly affect Piedmont Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Piedmont Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Piedmont Long Term Debt vs Common Stock Analysis

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

Correlation Coefficient

Long Term Debt

Common Stock

Piedmont Lithium fundamental ratios Correlations

Piedmont Lithium Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Piedmont Lithium fundamental ratios Accounts

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Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Other Current Liab

Total Current Assets	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Current Deferred Revenue	- 0.99	Other Current Liab
Current Deferred Revenue	- 0.98	Accounts Payable
Cash And Short Term Investments	- 0.98	Net Debt
Common Stock Shares Outstanding	- 0.96	Retained Earnings