Sovereign Lithium Stock Net Income
| SLCO Stock | USD 0.0001 0.00 0.00% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Sovereign Lithium's long-term financial health and intrinsic value.
Sovereign | Build AI portfolio with Sovereign Stock |
Sovereign Lithium Company Net Income Analysis
Sovereign Lithium's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Sovereign Lithium Net Income | (1.37 M) |
Most of Sovereign Lithium's fundamental indicators, such as Net Income, 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, Sovereign Lithium is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Sovereign Lithium reported net income of (1.37 Million). This is much lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all United States stocks is notably higher than that of the company.
Sovereign Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sovereign Lithium's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sovereign Lithium could also be used in its relative valuation, which is a method of valuing Sovereign Lithium by comparing valuation metrics of similar companies.Sovereign Lithium is currently under evaluation in net income category among its peers.
Sovereign Fundamentals
| Return On Equity | -5.46 | ||||
| Return On Asset | -3.23 | ||||
| Current Valuation | 39.32 K | ||||
| Shares Outstanding | 47.04 M | ||||
| Price To Earning | (0.01) X | ||||
| Price To Book | 2.91 X | ||||
| EBITDA | (575.64 K) | ||||
| Net Income | (1.37 M) | ||||
| Cash And Equivalents | 7.72 K | ||||
| Total Debt | 3.44 K | ||||
| Current Ratio | 5.70 X | ||||
| Cash Flow From Operations | (585.2 K) | ||||
| Beta | -20.55 | ||||
| Market Capitalization | 4.7 K | ||||
| Total Asset | 19.62 K | ||||
| Retained Earnings | (2.55 M) | ||||
| Working Capital | 17 K | ||||
| Current Asset | 20 K | ||||
| Current Liabilities | 3 K | ||||
| Net Asset | 19.62 K |
About Sovereign Lithium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sovereign Lithium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sovereign Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sovereign Lithium 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.
Pair Trading with Sovereign Lithium
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 Sovereign 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 Sovereign Lithium will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Sovereign 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 Sovereign 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 Sovereign 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 Sovereign Lithium to buy it.
The correlation of Sovereign 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 Sovereign Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sovereign 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 Sovereign 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.Check out Sovereign Lithium Piotroski F Score and Sovereign Lithium Altman Z Score analysis. To learn how to invest in Sovereign Stock, please use our How to Invest in Sovereign Lithium guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Diversified Metals & Mining space 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 Sovereign Lithium. If investors know Sovereign 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 Sovereign Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sovereign Lithium is measured differently than its book value, which is the value of Sovereign that is recorded on the company's balance sheet. Investors also form their own opinion of Sovereign Lithium's value that differs from its market value or its book value, called intrinsic value, which is Sovereign 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 Sovereign Lithium's market value can be influenced by many factors that don't directly affect Sovereign 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 Sovereign Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sovereign Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sovereign 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.