Standard Net Invested Capital vs Total Assets Analysis

SLI Stock   2.44  0.11  4.72%   
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 Net Invested Capital and its Total Assets 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.

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Lithium Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Standard Lithium's Net Invested Capital and Total Assets is 1.0. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets 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 Net Invested Capital and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Standard Lithium are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., Standard Lithium's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of Standard 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 Standard Lithium 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.
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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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.