Standard Ptb Ratio vs Price To Sales Ratio 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 Ptb Ratio and its Price To Sales Ratio 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.

Ptb Ratio vs Price To Sales Ratio

Ptb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Lithium Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Standard Lithium's Ptb Ratio and Price To Sales Ratio is 0.09. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio 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 Ptb Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Standard Lithium are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Ptb Ratio i.e., Standard Lithium's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Standard Lithium stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Standard Lithium sales, a figure that is much harder to manipulate than other Standard Lithium multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
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.