| SGML Stock | | | 18.55 0.41 2.16% |
Sigma Lithium financial indicator trend analysis is much more than just breaking down Sigma Lithium Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sigma Lithium Resources is a good investment. Please check the relationship between Sigma Lithium Long Term Debt and its Total Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sigma Lithium Resources. 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 Total Stockholder Equity
Long Term Debt vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sigma Lithium Resources Long Term Debt account and
Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sigma Lithium's Long Term Debt and Total Stockholder Equity is 0.84. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Sigma Lithium Resources, assuming nothing else is changed. The correlation between historical values of Sigma Lithium's Long Term Debt and Total Stockholder Equity 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 Sigma Lithium Resources are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Debt i.e., Sigma Lithium's Long Term Debt and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Long Term Debt
Long-term debt is a debt that Sigma Lithium Resources has held for over one year. Long-term debt appears on Sigma Lithium Resources 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 Sigma Lithium Resources 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.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Sigma Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sigma Lithium 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Sigma Lithium Resources. 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, Sigma Lithium's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 4.9
B in 2024, whereas
Tax Provision is likely to drop slightly above 3.7
M in 2024.
Sigma Lithium fundamental ratios Correlations
Click cells to compare fundamentals
Sigma Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sigma Lithium fundamental ratios Accounts
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