Foremost Total Assets vs Other Stockholder Equity Analysis

FMST Stock

2.84 0.08 2.74%

Foremost Lithium financial indicator trend analysis is much more than just examining Foremost Lithium Resource latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foremost Lithium Resource is a good investment. Please check the relationship between Foremost Lithium Total Assets and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foremost Lithium Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Total Assets vs Other Stockholder Equity

Total Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foremost Lithium Resource Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.

The correlation between Foremost Lithium's Total Assets and Other Stockholder Equity is -0.74. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Foremost Lithium Resource, assuming nothing else is changed. The correlation between historical values of Foremost Lithium's Total Assets and Other 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 Total Assets of Foremost Lithium Resource are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Foremost Lithium's Total Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

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Total Assets

Total assets refers to the total amount of Foremost Lithium assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Foremost Lithium Resource books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Stockholder Equity

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

Issuance Of Capital Stock is likely to gain to about 7.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 M in 2024.

Foremost Lithium fundamental ratios Correlations

	Total Assets	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	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Short Long Term Debt Total	Short Term Debt	Current Deferred Revenue	Short Term Investments	Common Stock	Inventory	Other Current Assets	Net Tangible Assets	Non Current Liabilities Total
Total Assets		0.99	0.96	1.0	0.99	0.12	-0.93	0.99	0.32	0.99	-0.05	0.32	0.97	-0.74	0.97	0.52	0.8	0.88	0.86	-0.96	0.59	0.9	0.26	0.8	0.84	0.66
Other Current Liab	0.99		0.97	0.98	0.98	0.14	-0.9	0.98	0.31	0.98	-0.03	0.31	0.96	-0.72	0.98	0.52	0.77	0.9	0.88	-0.97	0.56	0.86	0.25	0.83	0.86	0.69
Total Current Liabilities	0.96	0.97		0.95	0.97	0.25	-0.84	0.95	0.24	0.97	-0.12	0.24	0.93	-0.67	0.99	0.44	0.75	0.96	0.95	-0.9	0.55	0.83	0.18	0.74	0.86	0.6
Total Stockholder Equity	1.0	0.98	0.95		0.99	0.09	-0.94	0.99	0.34	0.99	-0.03	0.34	0.97	-0.75	0.96	0.54	0.82	0.86	0.83	-0.96	0.59	0.91	0.28	0.78	0.82	0.64
Property Plant And Equipment Net	0.99	0.98	0.97	0.99		0.26	-0.92	0.99	0.19	1.0	-0.05	0.19	0.98	-0.73	0.98	0.4	0.76	0.9	0.87	-0.94	0.63	0.89	0.13	0.77	0.86	0.65
Net Debt	0.12	0.14	0.25	0.09	0.26		-0.06	0.13	-0.87	0.26	-0.03	-0.87	0.22	-0.03	0.25	-0.76	-0.14	0.35	0.33	-0.07	0.37	0.11	-0.83	-0.02	0.33	0.12
Retained Earnings	-0.93	-0.9	-0.84	-0.94	-0.92	-0.06		-0.95	-0.31	-0.92	-0.22	-0.31	-0.97	0.82	-0.84	-0.47	-0.89	-0.7	-0.64	0.86	-0.77	-0.97	-0.28	-0.6	-0.79	-0.45
Accounts Payable	0.99	0.98	0.95	0.99	0.99	0.13	-0.95		0.3	0.99	-0.01	0.3	0.99	-0.76	0.96	0.5	0.81	0.86	0.82	-0.95	0.64	0.92	0.26	0.77	0.83	0.63
Cash	0.32	0.31	0.24	0.34	0.19	-0.87	-0.31	0.3		0.18	-0.09	1.0	0.19	-0.24	0.22	0.96	0.52	0.14	0.16	-0.34	-0.13	0.28	0.93	0.34	0.1	0.13
Non Current Assets Total	0.99	0.98	0.97	0.99	1.0	0.26	-0.92	0.99	0.18		-0.03	0.18	0.98	-0.73	0.97	0.4	0.77	0.9	0.87	-0.94	0.64	0.9	0.13	0.76	0.86	0.65
Non Currrent Assets Other	-0.05	-0.03	-0.12	-0.03	-0.05	-0.03	-0.22	-0.01	-0.09	-0.03		-0.09	0.1	-0.13	-0.14	-0.12	0.26	-0.27	-0.3	0.07	0.44	0.19	-0.04	-0.23	0.19	-0.3
Cash And Short Term Investments	0.32	0.31	0.24	0.34	0.19	-0.87	-0.31	0.3	1.0	0.18	-0.09		0.19	-0.24	0.22	0.96	0.52	0.14	0.16	-0.34	-0.13	0.28	0.93	0.34	0.1	0.13
Common Stock Shares Outstanding	0.97	0.96	0.93	0.97	0.98	0.22	-0.97	0.99	0.19	0.98	0.1	0.19		-0.77	0.94	0.39	0.82	0.83	0.79	-0.91	0.74	0.94	0.14	0.69	0.85	0.57
Other Stockholder Equity	-0.74	-0.72	-0.67	-0.75	-0.73	-0.03	0.82	-0.76	-0.24	-0.73	-0.13	-0.24	-0.77		-0.65	-0.36	-0.75	-0.51	-0.47	0.65	-0.63	-0.81	-0.26	-0.41	-0.58	-0.28
Total Liab	0.97	0.98	0.99	0.96	0.98	0.25	-0.84	0.96	0.22	0.97	-0.14	0.22	0.94	-0.65		0.44	0.71	0.96	0.94	-0.94	0.55	0.82	0.15	0.81	0.87	0.69
Total Current Assets	0.52	0.52	0.44	0.54	0.4	-0.76	-0.47	0.5	0.96	0.4	-0.12	0.96	0.39	-0.36	0.44		0.59	0.34	0.36	-0.55	-0.02	0.41	0.88	0.56	0.27	0.35
Net Receivables	0.8	0.77	0.75	0.82	0.76	-0.14	-0.89	0.81	0.52	0.77	0.26	0.52	0.82	-0.75	0.71	0.59		0.61	0.58	-0.7	0.62	0.92	0.48	0.41	0.75	0.18
Short Long Term Debt Total	0.88	0.9	0.96	0.86	0.9	0.35	-0.7	0.86	0.14	0.9	-0.27	0.14	0.83	-0.51	0.96	0.34	0.61		0.99	-0.84	0.45	0.7	0.08	0.73	0.82	0.61
Short Term Debt	0.86	0.88	0.95	0.83	0.87	0.33	-0.64	0.82	0.16	0.87	-0.3	0.16	0.79	-0.47	0.94	0.36	0.58	0.99		-0.83	0.36	0.65	0.1	0.74	0.8	0.62
Current Deferred Revenue	-0.96	-0.97	-0.9	-0.96	-0.94	-0.07	0.86	-0.95	-0.34	-0.94	0.07	-0.34	-0.91	0.65	-0.94	-0.55	-0.7	-0.84	-0.83		-0.49	-0.82	-0.28	-0.91	-0.82	-0.8
Short Term Investments	0.59	0.56	0.55	0.59	0.63	0.37	-0.77	0.64	-0.13	0.64	0.44	-0.13	0.74	-0.63	0.55	-0.02	0.62	0.45	0.36	-0.49		0.77	-0.17	0.23	0.69	0.18
Common Stock	0.9	0.86	0.83	0.91	0.89	0.11	-0.97	0.92	0.28	0.9	0.19	0.28	0.94	-0.81	0.82	0.41	0.92	0.7	0.65	-0.82	0.77		0.25	0.53	0.83	0.38
Inventory	0.26	0.25	0.18	0.28	0.13	-0.83	-0.28	0.26	0.93	0.13	-0.04	0.93	0.14	-0.26	0.15	0.88	0.48	0.08	0.1	-0.28	-0.17	0.25		0.23	-0.01	-0.01
Other Current Assets	0.8	0.83	0.74	0.78	0.77	-0.02	-0.6	0.77	0.34	0.76	-0.23	0.34	0.69	-0.41	0.81	0.56	0.41	0.73	0.74	-0.91	0.23	0.53	0.23		0.67	0.96
Net Tangible Assets	0.84	0.86	0.86	0.82	0.86	0.33	-0.79	0.83	0.1	0.86	0.19	0.1	0.85	-0.58	0.87	0.27	0.75	0.82	0.8	-0.82	0.69	0.83	-0.01	0.67		0.56
Non Current Liabilities Total	0.66	0.69	0.6	0.64	0.65	0.12	-0.45	0.63	0.13	0.65	-0.3	0.13	0.57	-0.28	0.69	0.35	0.18	0.61	0.62	-0.8	0.18	0.38	-0.01	0.96	0.56

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Foremost Lithium Account Relationship Matchups

Foremost Lithium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.9M	6.9M	7.9M	13.3M	16.6M	17.4M
Other Current Liab	482.0K	595.4K	825.2K	1.2M	1.6M	1.7M
Total Current Liabilities	732.1K	1.0M	1.1M	2.9M	2.7M	2.9M
Total Stockholder Equity	5.1M	5.7M	6.7M	10.4M	13.2M	13.9M
Property Plant And Equipment Net	5.6M	6.3M	7.2M	12.5M	15.1M	15.8M
Net Debt	180.5K	(194.5K)	(91.6K)	716.5K	140.3K	147.3K
Retained Earnings	(14.1M)	(15.6M)	(19.7M)	(17.9M)	(21.5M)	(20.4M)
Accounts Payable	515.8K	536.1K	603.0K	884.7K	1.1M	1.2M
Cash	3.2K	392.2K	235.5K	574.6K	998.3K	542.9K
Non Current Assets Total	5.8M	6.4M	7.5M	12.5M	15.1M	15.9M
Cash And Short Term Investments	3.2K	392.2K	235.5K	574.6K	998.3K	542.9K
Common Stock Shares Outstanding	2.5M	2.8M	3.3M	3.9M	4.5M	4.7M
Liabilities And Stockholders Equity	5.9M	6.9M	7.9M	13.3M	16.6M	17.4M
Total Liab	867.3K	1.2M	1.2M	2.9M	3.4M	3.6M
Total Current Assets	105.2K	516.6K	434.1K	795.3K	1.5M	1.6M
Accumulated Other Comprehensive Income	1.1M	1.1M	2.3M	1.8M	2.6M	2.7M
Net Receivables	59.5K	92.3K	142.7K	164.1K	146.2K	76.4K
Short Long Term Debt Total	183.7K	197.7K	143.8K	1.3M	1.1M	1.2M
Short Term Debt	48.5K	61.4K	69.5K	1.3M	1.1M	1.2M
Current Deferred Revenue	(314.2K)	(154.1K)	(395.7K)	(491.7K)	(1.1M)	(1.0M)
Short Term Investments	43.0K	49.4K	56.8K	31.5K	36.3K	23.4K
Common Stock	17.8M	20.2M	24.2M	26.4M	32.1M	19.2M
Inventory	12.7K	6.5K	11.2K	14.8K	13.3K	11.8K
Other Current Assets	29.9K	25.5K	44.7K	41.9K	340.7K	357.8K

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