Piedmont Retained Earnings vs Total Stockholder Equity Analysis
| PLL Stock | USD 13.06 0.57 4.18% |
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 Retained Earnings and its Total Stockholder Equity 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 tightly coupled 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 Piedmont Lithium Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Piedmont Lithium's Retained Earnings and Total Stockholder Equity is -0.97. 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 Piedmont Lithium Ltd, assuming nothing else is changed. The correlation between historical values of Piedmont 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 Piedmont Lithium Ltd 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., Piedmont Lithium's Retained Earnings and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.97 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
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 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 tightly coupled 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 |
Piedmont Lithium fundamental ratios Correlations
Click cells to compare fundamentals
Piedmont Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 8.3M | 13.6M | 17.5M | 19.3M | 19.2M | |
| 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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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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is Piedmont Lithium's industry 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 (1.89) | Revenue Per Share 0.028 | Return On Assets (0.07) | Return On Equity (0.11) |
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.