Standard Days Sales Outstanding vs Ev To Sales Analysis

SLI Stock   2.32  0.21  8.30%   
Standard Lithium financial indicator trend analysis is much more than just breaking down Standard Lithium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Standard Lithium is a good investment. Please check the relationship between Standard Lithium Days Sales Outstanding and its Ev To Sales accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Standard Stock please use our How to Invest in Standard Lithium guide.

Days Sales Outstanding vs Ev To Sales

Days Sales Outstanding vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Lithium Days Sales Outstanding account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Standard Lithium's Days Sales Outstanding and Ev To Sales is -0.33. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Standard Lithium, assuming nothing else is changed. The correlation between historical values of Standard Lithium's Days Sales Outstanding and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Standard Lithium are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Days Sales Outstanding i.e., Standard Lithium's Days Sales Outstanding and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Sales Outstanding

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Standard Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Standard 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Standard Stock please use our How to Invest in Standard Lithium guide.Tax Provision is likely to climb to about 26.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 18.2 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation13.6M598K1.1M1.1M
Cost Of Revenue13.6M598K1.1M1.1M

Standard Lithium fundamental ratios Correlations

0.960.951.00.780.00.770.620.970.90.520.820.80.961.00.590.560.940.94-0.730.70.66-0.870.84-0.950.49
0.960.940.960.88-0.250.820.720.890.930.620.880.870.860.960.690.660.990.95-0.760.60.7-0.740.93-0.990.67
0.950.940.940.77-0.140.910.560.930.930.440.840.870.920.950.50.480.920.99-0.760.740.7-0.780.83-0.910.66
1.00.960.940.8-0.040.770.650.960.890.550.840.80.941.00.620.590.960.94-0.750.680.67-0.850.86-0.960.49
0.780.880.770.8-0.510.820.890.640.690.810.940.90.610.80.870.840.910.78-0.80.240.82-0.380.99-0.890.55
0.0-0.25-0.14-0.04-0.51-0.39-0.590.17-0.06-0.54-0.5-0.380.23-0.04-0.56-0.59-0.32-0.180.460.37-0.5-0.38-0.480.3-0.49
0.770.820.910.770.82-0.390.580.720.790.450.870.940.720.780.510.490.820.89-0.790.510.8-0.450.84-0.80.7
0.620.720.560.650.89-0.590.580.420.410.980.810.620.380.650.990.990.80.55-0.70.080.69-0.260.86-0.770.3
0.970.890.930.960.640.170.720.420.920.310.710.751.00.960.380.350.850.93-0.640.780.56-0.920.72-0.860.48
0.90.930.930.890.69-0.060.790.410.920.30.710.830.90.890.380.330.860.95-0.60.720.53-0.790.77-0.880.78
0.520.620.440.550.81-0.540.450.980.310.30.670.480.280.550.990.990.70.41-0.550.050.54-0.190.77-0.660.22
0.820.880.840.840.94-0.50.870.810.710.710.670.910.670.840.760.750.920.86-0.930.290.92-0.460.95-0.920.53
0.80.870.870.80.9-0.380.940.620.750.830.480.910.720.810.580.540.860.89-0.790.390.82-0.440.92-0.860.7
0.960.860.920.940.610.230.720.381.00.90.280.670.720.950.350.310.820.91-0.620.830.53-0.920.68-0.830.44
1.00.960.951.00.8-0.040.780.650.960.890.550.840.810.950.620.590.960.94-0.750.680.67-0.850.86-0.960.49
0.590.690.50.620.87-0.560.510.990.380.380.990.760.580.350.620.990.770.49-0.640.060.63-0.240.84-0.740.28
0.560.660.480.590.84-0.590.490.990.350.330.990.750.540.310.590.990.740.46-0.650.020.64-0.210.81-0.710.23
0.940.990.920.960.91-0.320.820.80.850.860.70.920.860.820.960.770.740.93-0.820.530.76-0.70.96-1.00.6
0.940.950.990.940.78-0.180.890.550.930.950.410.860.890.910.940.490.460.93-0.80.680.74-0.760.84-0.930.69
-0.73-0.76-0.76-0.75-0.80.46-0.79-0.7-0.64-0.6-0.55-0.93-0.79-0.62-0.75-0.64-0.65-0.82-0.8-0.31-0.980.43-0.810.82-0.41
0.70.60.740.680.240.370.510.080.780.720.050.290.390.830.680.060.020.530.68-0.310.19-0.850.33-0.510.41
0.660.70.70.670.82-0.50.80.690.560.530.540.920.820.530.670.630.640.760.74-0.980.19-0.290.81-0.760.39
-0.87-0.74-0.78-0.85-0.38-0.38-0.45-0.26-0.92-0.79-0.19-0.46-0.44-0.92-0.85-0.24-0.21-0.7-0.760.43-0.85-0.29-0.480.71-0.3
0.840.930.830.860.99-0.480.840.860.720.770.770.950.920.680.860.840.810.960.84-0.810.330.81-0.48-0.950.62
-0.95-0.99-0.91-0.96-0.890.3-0.8-0.77-0.86-0.88-0.66-0.92-0.86-0.83-0.96-0.74-0.71-1.0-0.930.82-0.51-0.760.71-0.95-0.61
0.490.670.660.490.55-0.490.70.30.480.780.220.530.70.440.490.280.230.60.69-0.410.410.39-0.30.62-0.61
Click cells to compare fundamentals

Standard Lithium Account Relationship Matchups

Standard Lithium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets57.8M74.1M183.6M173.5M393.0M412.6M
Other Current Liab200.8K404.3K1.1M1.5M1.7M1.8M
Total Current Liabilities7.1M2.4M6.8M13.2M17.2M18.1M
Total Stockholder Equity45.6M71.5M176.5M159.4M339.8M356.8M
Net Tangible Assets43.7M69.9M175.0M157.9M181.6M94.1M
Retained Earnings(43.2M)(68.6M)(106.7M)(148.7M)(1.3M)(1.3M)
Accounts Payable6.9M2.0M5.5M11.2M11.2M6.7M
Cash4.1M28.0M129.1M59.6M52.9M44.7M
Non Current Assets Total53.3M45.7M51.8M111.4M336.2M353.0M
Other Assets85.4K77.7K93K2.8M3.2M3.3M
Net Receivables44.9K112.4K880.8K353.2K303.0K297.0K
Common Stock Shares Outstanding105.5M141.2M166.4M172.8M183.5M144.2M
Non Current Liabilities Total5.1M123.9K337.3K872K36.0M37.8M
Other Stockholder Equity17.8M17.2M21.2M35.7M41.0M21.3M
Total Liab12.2M2.5M7.1M14.1M53.2M55.9M
Net Invested Capital50.6M71.5M176.5M159.4M339.8M356.8M
Total Current Assets4.5M28.4M131.8M62.0M56.8M48.0M
Net Working Capital(2.6M)26.0M125.0M48.8M39.6M38.0M
Common Stock71.0M123.0M262.0M272.4M313.3M328.9M
Property Plant Equipment51.3M43.9M47.0M104.0M119.5M125.5M
Other Liab136.3K123.9K129K133K119.7K147.3K
Non Currrent Assets Other85.4K77.7K80.7K83K86K90.7K
Capital Stock71.0M123.0M262.0M272.4M293.5M198.0M
Intangible Assets1.9M1.7M1.5M1.4M1.3M1.3M

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