Standard Non Currrent Assets Other vs Non Current Assets Total 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 Non Currrent Assets Other and its Non Current Assets Total 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.

Non Currrent Assets Other vs Non Current Assets Total

Non Currrent Assets Other vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Lithium Non Currrent Assets Other account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Standard Lithium's Non Currrent Assets Other and Non Current Assets Total is 0.78. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Assets Total 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 Non Currrent Assets Other and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Standard Lithium are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Currrent Assets Other i.e., Standard Lithium's Non Currrent Assets Other and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and 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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