Standard Lithium Return On Asset vs. Shares Outstanding
| SLI Stock | USD 1.79 0.10 5.92% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.86 | 0.91 |
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For Standard Lithium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Standard Lithium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Standard Lithium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Standard Lithium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Standard Lithium over time as well as its relative position and ranking within its peers.
Standard |
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.
Standard Lithium Shares Outstanding vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Standard Lithium's current stock value. Our valuation model uses many indicators to compare Standard Lithium value to that of its competitors to determine the firm's financial worth. Standard Lithium is rated below average in return on asset category among its peers. It is rated below average in shares outstanding category among its peers . The Standard Lithium's current Common Stock Shares Outstanding is estimated to increase to about 188.4 M. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Standard Lithium's earnings, one of the primary drivers of an investment's value.Standard Shares Outstanding vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Standard Lithium |
| = | -0.1 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Standard Lithium |
| = | 186.58 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Standard Shares Outstanding Comparison
Standard Lithium is currently under evaluation in shares outstanding category among its peers.
Standard Lithium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Standard Lithium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Standard Lithium will eventually generate negative long term returns. The profitability progress is the general direction of Standard Lithium's change in net profit over the period of time. It can combine multiple indicators of Standard Lithium, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 47.5 M | 49.9 M | |
| Operating Income | -51.6 M | -49 M | |
| Income Before Tax | -50.2 M | -47.7 M | |
| Total Other Income Expense Net | -1.9 M | -1.8 M | |
| Net Loss | -50.2 M | -47.7 M | |
| Income Tax Expense | 35 M | 36.8 M | |
| Interest Income | 3.4 M | 3.5 M | |
| Net Loss | -37.8 M | -35.9 M | |
| Net Interest Income | 3.3 M | 3.5 M | |
| Net Loss | -50.2 M | -47.7 M | |
| Change To Netincome | 15.5 M | 16.2 M | |
| Net Loss | 0.82 | (0.53) | |
| Income Quality | (0.17) | 0.22 | |
| Net Income Per E B T | 0.81 | 1.42 |
Standard Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Standard Lithium. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Standard Lithium position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Standard Lithium's important profitability drivers and their relationship over time.
Use Standard Lithium in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Standard Lithium position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Standard Lithium will appreciate offsetting losses from the drop in the long position's value.Standard Lithium Pair Trading
Standard Lithium Pair Trading Analysis
The ability to find closely correlated positions to Standard Lithium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Standard Lithium when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Standard Lithium - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Standard Lithium to buy it.
The correlation of Standard Lithium is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Standard Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Standard Lithium moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Standard Lithium can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Standard Lithium position
In addition to having Standard Lithium in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Theme ETFs theme has 483 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Theme ETFs Theme or any other thematic opportunities.
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To fully project Standard Lithium's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Standard Lithium at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Standard Lithium's income statement, its balance sheet, and the statement of cash flows.