Standard Lithium Current Ratio vs. Current Valuation

SLI Stock   2.02  0.03  1.51%   
Taking into consideration Standard Lithium's profitability measurements, Standard Lithium may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Standard Lithium's ability to earn profits and add value for shareholders.
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.40593153
Current Value
4.29444268
Quarterly Volatility
5.30815714
 
Credit Downgrade
 
Yuan Drop
 
Covid
Price To Sales Ratio is likely to drop to 15.09 in 2024. Days Sales Outstanding is likely to drop to 119.93 in 2024. At this time, Standard Lithium's Net Income From Continuing Ops is fairly stable compared to the past year. Income Before Tax is likely to climb to about 139.9 M in 2024, whereas Operating Income is likely to drop (35.5 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.860.91
Notably Down
Pretty Stable
For Standard Lithium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Standard Lithium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Standard Lithium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Standard Lithium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Standard Lithium over time as well as its relative position and ranking within its peers.
  
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For more information on how to buy Standard Stock please use our How to Invest in Standard Lithium guide.
Please note, there is a significant difference between Standard Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Standard Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standard 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.

Standard Lithium Current Valuation vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Standard Lithium's current stock value. Our valuation model uses many indicators to compare Standard Lithium value to that of its competitors to determine the firm's financial worth.
Standard Lithium is rated fifth in current ratio category among its peers. It is rated third in current valuation category among its peers reporting about  840,937,210  of Current Valuation per Current Ratio. At this time, Standard Lithium's Current Ratio is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Standard Lithium's earnings, one of the primary drivers of an investment's value.

Standard Current Valuation vs. Current Ratio

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Standard Lithium

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
0.40 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Standard Lithium

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
336.37 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Standard Current Valuation vs Competition

Standard Lithium is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 3.01 Billion. Standard Lithium retains roughly 336.37 Million in current valuation claiming about 11% of all equities under Materials industry.

Standard Lithium Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Standard Lithium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Standard Lithium will eventually generate negative long term returns. The profitability progress is the general direction of Standard Lithium's change in net profit over the period of time. It can combine multiple indicators of Standard Lithium, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Net Interest Income850.6 K644 K
Operating Income-33.8 M-35.5 M
Net Income From Continuing Ops107.7 M113 M
Income Before Tax133.2 M139.9 M
Total Other Income Expense Net166.2 M174.5 M
Net Loss-37.8 M-39.7 M
Net Income107.7 M113 M
Interest Income911.9 K1.3 M
Change To Netincome15.5 M16.2 M
Net Loss 0.82 (0.53)
Income Quality(0.17) 0.22 
Net Income Per E B T 0.81  1.42 

Standard Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Standard Lithium. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Standard Lithium position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Standard Lithium's important profitability drivers and their relationship over time.

Use Standard Lithium in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Standard Lithium position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Standard Lithium will appreciate offsetting losses from the drop in the long position's value.

Standard Lithium Pair Trading

Standard Lithium Pair Trading Analysis

The ability to find closely correlated positions to Standard Lithium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Standard Lithium when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Standard Lithium - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Standard Lithium to buy it.
The correlation of Standard Lithium is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Standard Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Standard Lithium moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Standard Lithium can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Standard Lithium position

In addition to having Standard Lithium in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Restaurants Thematic Idea Now

Restaurants
Restaurants Theme
Entities that are involved in restaurant business, as well as coffee shop chains and other eateries. The Restaurants theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Restaurants Theme or any other thematic opportunities.
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Additional Tools for Standard Stock Analysis

When running Standard Lithium's price analysis, check to measure Standard 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 Standard Lithium is operating at the current time. Most of Standard Lithium's value examination focuses on studying past and present price action to predict the probability of Standard 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 Standard Lithium's price. Additionally, you may evaluate how the addition of Standard Lithium to your portfolios can decrease your overall portfolio volatility.