Sigma Retained Earnings vs Total Stockholder Equity Analysis

SGML Stock   17.35  0.33  1.87%   
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 Retained Earnings 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.

Retained Earnings vs Total Stockholder Equity

Retained Earnings 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 Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Sigma Lithium's Retained Earnings and Total Stockholder Equity is -0.92. Overlapping area represents the amount of variation of Retained Earnings 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 Retained Earnings 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 Retained Earnings 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 Retained Earnings i.e., Sigma Lithium's Retained Earnings and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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.
 2021 2022 2023 2024 (projected)
Total Operating Expenses31.9M128.1M205.4M215.7M
Cost Of Revenue57.6K102K92.3M97.0M

Sigma Lithium fundamental ratios Correlations

-0.440.910.950.960.95-0.980.960.650.980.740.64-0.760.950.990.940.920.530.970.970.850.750.970.920.970.99
-0.44-0.23-0.55-0.31-0.550.39-0.36-0.48-0.37-0.86-0.090.66-0.28-0.5-0.26-0.51-0.52-0.53-0.37-0.62-0.13-0.31-0.34-0.32-0.44
0.91-0.230.740.910.74-0.880.990.310.960.470.44-0.480.990.90.910.70.160.790.890.650.70.970.990.960.87
0.95-0.550.740.871.0-0.920.830.850.870.840.65-0.880.810.960.830.990.761.00.90.910.660.840.770.850.98
0.96-0.310.910.870.86-0.990.950.510.980.670.77-0.660.960.921.00.80.370.911.00.780.840.980.890.980.94
0.95-0.550.741.00.86-0.920.820.850.870.850.65-0.880.80.950.820.990.770.990.90.910.660.840.760.840.97
-0.980.39-0.88-0.92-0.99-0.92-0.94-0.61-0.98-0.75-0.760.74-0.94-0.95-0.98-0.87-0.48-0.96-1.0-0.83-0.84-0.97-0.88-0.97-0.97
0.96-0.360.990.830.950.82-0.940.410.990.610.52-0.591.00.950.940.780.280.870.950.740.730.990.990.990.92
0.65-0.480.310.850.510.85-0.610.410.490.740.52-0.850.390.670.440.890.980.80.560.770.390.440.340.440.73
0.98-0.370.960.870.980.87-0.980.990.490.670.63-0.650.990.960.970.820.360.910.980.780.781.00.961.00.95
0.74-0.860.470.840.670.85-0.750.610.740.670.56-0.880.560.760.620.80.710.840.720.850.550.610.540.630.76
0.64-0.090.440.650.770.65-0.760.520.520.630.56-0.560.560.540.760.580.420.680.760.570.830.620.40.640.64
-0.760.66-0.48-0.88-0.66-0.880.74-0.59-0.85-0.65-0.88-0.56-0.56-0.77-0.62-0.87-0.82-0.86-0.71-0.98-0.52-0.6-0.52-0.61-0.8
0.95-0.280.990.810.960.8-0.941.00.390.990.560.56-0.560.930.960.760.250.850.950.710.761.00.980.990.91
0.99-0.50.90.960.920.95-0.950.950.670.960.760.54-0.770.930.890.930.560.970.940.860.690.940.920.940.99
0.94-0.260.910.831.00.82-0.980.940.440.970.620.76-0.620.960.890.760.310.880.990.750.850.980.890.980.91
0.92-0.510.70.990.80.99-0.870.780.890.820.80.58-0.870.760.930.760.820.970.840.890.60.790.730.790.95
0.53-0.520.160.760.370.77-0.480.280.980.360.710.42-0.820.250.560.310.820.70.440.710.220.30.210.310.62
0.97-0.530.791.00.910.99-0.960.870.80.910.840.68-0.860.850.970.880.970.70.940.910.710.880.810.890.99
0.97-0.370.890.91.00.9-1.00.950.560.980.720.76-0.710.950.940.990.840.440.940.810.820.970.890.980.96
0.85-0.620.650.910.780.91-0.830.740.770.780.850.57-0.980.710.860.750.890.710.910.810.60.740.680.750.88
0.75-0.130.70.660.840.66-0.840.730.390.780.550.83-0.520.760.690.850.60.220.710.820.60.790.670.80.73
0.97-0.310.970.840.980.84-0.970.990.441.00.610.62-0.61.00.940.980.790.30.880.970.740.790.971.00.93
0.92-0.340.990.770.890.76-0.880.990.340.960.540.4-0.520.980.920.890.730.210.810.890.680.670.970.960.88
0.97-0.320.960.850.980.84-0.970.990.441.00.630.64-0.610.990.940.980.790.310.890.980.750.81.00.960.94
0.99-0.440.870.980.940.97-0.970.920.730.950.760.64-0.80.910.990.910.950.620.990.960.880.730.930.880.94
Click cells to compare fundamentals

Sigma Lithium Account Relationship Matchups

Sigma Lithium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.9M33.2M193.8M308.9M487.2M511.6M
Other Current Liab225.4K72.1K39.5K5.1M1.9M1.7M
Total Current Liabilities5.4M6.9M4.3M37.4M122.4M128.5M
Total Stockholder Equity8.7M21.8M185.1M183.1M214.3M225.0M
Other Liab4.0M4.0M4.2M85.4M98.2M103.1M
Net Tangible Assets8.7M21.8M185.1M183.1M210.6M221.1M
Retained Earnings(31.7M)(33.2M)(67.1M)(194.5M)(232.8M)(221.1M)
Accounts Payable3.0M2.0M3.6M26.2M71.2M74.7M
Cash103.6K13.5M154.3M96.4M64.4M52.4M
Non Current Assets Total20.4M19.2M38.7M194.4M344.6M361.8M
Common Stock Shares Outstanding68.9M77.8M99.4M103.5M110.1M82.9M
Other Current Assets52.4K13.8K11.5K11.1M4.4M2.5M
Other Stockholder Equity(213.1K)(2.9M)(3.5M)(3.0M)(2.7M)(2.6M)
Total Liab12.2M11.4M8.7M125.8M273.0M286.6M
Net Invested Capital12.6M26.6M185.3M183.1M385.2M404.4M
Short Long Term Debt1.3M4.6M270.1K28.9M33.2M34.9M
Total Current Assets483.9K14.0M155.1M114.5M142.7M149.8M
Net Working Capital(4.9M)7.1M150.8M77.1M20.3M37.0M
Common Stock36.2M53.9M224.8M276.7M318.2M334.1M
Property Plant Equipment20.3M19.0M38.6M194.2M223.3M234.5M
Other Assets96.5K111.1K92.2K204K234.6K134.9K
Long Term Debt2.5M262.7K4.0M77.4M142.0M149.1M
Net Receivables253.1K313.8K467.7K4.9M29.7M31.2M
Non Current Liabilities Total6.8M4.5M4.4M88.4M150.6M158.1M
Capital Stock36.2M53.9M224.8M276.7M386.0M405.3M
Intangible Assets96.5K111.1K92.2K204K234.6K134.9K

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Additional Tools for Sigma Stock Analysis

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