Standard Net Income vs Other Non Cash Items Analysis
SLI Stock | USD 1.79 0.10 5.92% |
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 Income and its Other Non Cash Items 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 bureau of economic analysis. For more detail on how to invest in Standard Stock please use our How to Invest in Standard Lithium guide.
Net Income vs Other Non Cash Items
Net Income vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Lithium Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Standard Lithium's Net Income and Other Non Cash Items is -0.17. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items 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 Income and Other Non Cash Items 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 Income of Standard Lithium are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Standard Lithium's Net Income and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Standard Lithium financial statement analysis. It represents the amount of money remaining after all of Standard Lithium operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Other Non Cash Items
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 bureau of economic analysis. For more detail on how to invest in Standard Stock please use our How to Invest in Standard Lithium guide.As of now, Standard Lithium's Tax Provision is increasing as compared to previous years. The Standard Lithium's current Issuance Of Capital Stock is estimated to increase to about 35.9 M, while Selling General Administrative is projected to decrease to under 29.2 M.
Standard Lithium fundamental ratios Correlations
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Standard Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Standard Lithium fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 57.8M | 74.1M | 183.6M | 173.5M | 286.9M | 301.3M | |
Total Current Liabilities | 7.1M | 2.4M | 6.8M | 13.2M | 17.2M | 18.1M | |
Total Stockholder Equity | 45.6M | 71.5M | 176.5M | 159.4M | 339.8M | 356.8M | |
Net Debt | 814.0K | (28.0M) | (128.7M) | (58.4M) | (51.9M) | (49.3M) | |
Retained Earnings | (43.2M) | (68.6M) | (106.7M) | (148.7M) | (1.3M) | (1.3M) | |
Accounts Payable | 6.9K | 2.0K | 5.5K | 11.2M | 8.2M | 8.6M | |
Cash | 4.1M | 28.0M | 129.1M | 59.6M | 38.6M | 40.5M | |
Cash And Short Term Investments | 4.1M | 28.0M | 129.1M | 59.6M | 38.6M | 40.5M | |
Net Receivables | 44.9K | 139.4K | 1.1M | 468K | 1.1M | 1.2M | |
Common Stock Shares Outstanding | 88.8M | 121.5M | 155.5M | 168.6M | 179.4M | 188.4M | |
Liabilities And Stockholders Equity | 57.8M | 74.1M | 183.6M | 173.5M | 393.0M | 412.6M | |
Non Current Liabilities Total | 5.1M | 123.9K | 337.3K | 872K | 36.0M | 37.8M | |
Other Current Assets | 281.6K | 249.7K | 1.6M | 2.0M | 2.2M | 2.3M | |
Other Stockholder Equity | 17.8M | 17.2M | (258.0) | 35.7M | 1.0 | 0.95 | |
Total Liab | 12.2M | 2.5M | 7.1M | 14.1M | 53.2M | 55.9M | |
Total Current Assets | 4.5M | 28.4M | 131.8M | 62.0M | 41.5M | 43.5M | |
Property Plant And Equipment Net | 51.3M | 43.9M | 47.0M | 104.0M | 48.1M | 50.5M | |
Non Current Assets Total | 53.3M | 45.7M | 51.8M | 111.4M | 245.5M | 257.7M | |
Other Current Liab | 7.1M | 2.4M | 6.6M | 1.5M | 8.5M | 8.9M | |
Non Currrent Assets Other | 85.4K | 77.7K | 93.2K | 83K | (221.9K) | (210.8K) | |
Property Plant And Equipment Gross | 51.3M | 43.9M | 47.0M | 104.0M | 92.7M | 88.1M | |
Accumulated Other Comprehensive Income | 17.8M | 17.2M | 21.2M | 35.7M | 47.5M | 49.9M | |
Intangible Assets | 1.9M | 1.7M | 1.5M | 1.4M | 983.4K | 934.3K | |
Common Stock | 71.0M | 123.0M | 262.0M | 272.4M | 293.5M | 308.2M | |
Property Plant Equipment | 51.3M | 43.9M | 47.0M | 104.0M | 119.5M | 125.5M | |
Net Tangible Assets | 43.7M | 69.9M | 175.0M | 157.9M | 181.6M | 190.7M | |
Net Invested Capital | 50.6M | 71.5M | 176.5M | 159.4M | 339.8M | 356.8M | |
Net Working Capital | (2.6M) | 26.0M | 125.0M | 48.8M | 39.6M | 38.0M | |
Other Liab | 136.3K | 123.9K | 128.9K | 133K | 119.7K | 147.3K | |
Capital Stock | 71.0M | 123.0M | 262.0M | 272.4M | 293.5M | 198.0M |
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When determining whether Standard Lithium offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Standard Lithium's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Standard Lithium Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Standard Lithium Stock: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 bureau of economic analysis. For more detail on how to invest in Standard Stock please use our How to Invest in Standard Lithium guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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 Standard Lithium. If investors know Standard 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 Standard Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.61 | Return On Assets (0.10) | Return On Equity 0.5908 |
The market value of Standard Lithium is measured differently than its book value, which is the value of Standard that is recorded on the company's balance sheet. Investors also form their own opinion of Standard Lithium's value that differs from its market value or its book value, called intrinsic value, which is Standard 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 Standard Lithium's market value can be influenced by many factors that don't directly affect Standard 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 Standard Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Standard Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standard 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.