Argentina Lithium Energy Stock Return On Asset
| LIT Stock | CAD 0.26 0.01 4.00% |
Argentina Lithium Energy fundamentals help investors to digest information that contributes to Argentina Lithium's financial success or failures. It also enables traders to predict the movement of Argentina Stock. The fundamental analysis module provides a way to measure Argentina Lithium's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Argentina Lithium stock.
Return On Assets is likely to drop to -0.66 in 2024. Argentina | Return On Asset |
Argentina Lithium Energy Company Return On Asset Analysis
Argentina Lithium's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Argentina Lithium Return On Asset | -0.77 |
Most of Argentina Lithium's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Argentina Lithium Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Argentina Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Argentina Lithium is extremely important. It helps to project a fair market value of Argentina Stock properly, considering its historical fundamentals such as Return On Asset. Since Argentina Lithium's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Argentina Lithium's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Argentina Lithium's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Argentina Total Assets
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Based on the latest financial disclosure, Argentina Lithium Energy has a Return On Asset of -0.7737. This is 204.55% lower than that of the Metals & Mining sector and 86.73% lower than that of the Materials industry. The return on asset for all Canada stocks is notably higher than that of the company.
Argentina Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Argentina Lithium's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Argentina Lithium could also be used in its relative valuation, which is a method of valuing Argentina Lithium by comparing valuation metrics of similar companies.Argentina Lithium is currently under evaluation in return on asset category among related companies.
Argentina Lithium Current Valuation Drivers
We derive many important indicators used in calculating different scores of Argentina Lithium from analyzing Argentina Lithium's financial statements. These drivers represent accounts that assess Argentina Lithium's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Argentina Lithium's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.7M | 930.2K | 2.6M | 20.5M | 18.5M | 19.4M | |
| Enterprise Value | 2.0M | 1.5M | 2.7M | 14.1M | 12.7M | 13.3M |
Argentina Fundamentals
| Return On Equity | -1.18 | |||
| Return On Asset | -0.77 | |||
| Current Valuation | 32.56 M | |||
| Shares Outstanding | 131.16 M | |||
| Shares Owned By Insiders | 36.06 % | |||
| Number Of Shares Shorted | 75.47 K | |||
| Price To Earning | 2.06 X | |||
| Price To Book | 3.72 X | |||
| Gross Profit | (44.22 K) | |||
| EBITDA | (8.07 M) | |||
| Net Income | (8.48 M) | |||
| Cash And Equivalents | 27.11 K | |||
| Total Debt | 469 K | |||
| Current Ratio | 0.07 X | |||
| Book Value Per Share | 0.07 X | |||
| Cash Flow From Operations | (5.74 M) | |||
| Short Ratio | 1.29 X | |||
| Earnings Per Share | (0.10) X | |||
| Target Price | 0.52 | |||
| Beta | 0.13 | |||
| Market Capitalization | 32.79 M | |||
| Total Asset | 15.59 M | |||
| Retained Earnings | (38.98 M) | |||
| Working Capital | 6.49 M | |||
| Net Asset | 15.59 M |
About Argentina Lithium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Argentina Lithium Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Argentina Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Argentina Lithium Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Argentina Lithium in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Argentina Lithium's short interest history, or implied volatility extrapolated from Argentina Lithium options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Argentina Lithium Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Argentina Stock analysis
When running Argentina Lithium's price analysis, check to measure Argentina Lithium'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 Argentina Lithium is operating at the current time. Most of Argentina Lithium's value examination focuses on studying past and present price action to predict the probability of Argentina Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argentina Lithium's price. Additionally, you may evaluate how the addition of Argentina Lithium to your portfolios can decrease your overall portfolio volatility.
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