Salt Lake Revenue vs. Current Liabilities

Based on the measurements of profitability obtained from Salt Lake's financial statements, Salt Lake Potash may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Salt Lake's ability to earn profits and add value for shareholders.
For Salt Lake profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Salt Lake to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Salt Lake Potash utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Salt Lake's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Salt Lake Potash over time as well as its relative position and ranking within its peers.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Please note, there is a significant difference between Salt Lake's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salt Lake is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salt Lake'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.

Salt Lake Potash Current Liabilities vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Salt Lake's current stock value. Our valuation model uses many indicators to compare Salt Lake value to that of its competitors to determine the firm's financial worth.
Salt Lake Potash is rated first in revenue category among related companies. It is rated first in current liabilities category among related companies creating about  5.81  of Current Liabilities per Revenue. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Salt Lake by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Salt Lake's Pink Sheet . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Salt Lake's earnings, one of the primary drivers of an investment's value.

Salt Revenue vs. Competition

Salt Lake Potash is rated first in revenue category among related companies. Market size based on revenue of Other Industrial Metals & Mining industry is at this time estimated at about 30.66 Billion. Salt Lake adds roughly 172,000 in revenue claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.

Salt Current Liabilities vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Salt Lake

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
172 K
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Salt Lake

Current Liabilities

 = 

Payables

+

Accrued Debt

 = 
1000 K
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.

Salt Current Liabilities Comparison

Salt Lake is currently under evaluation in current liabilities category among related companies.

Salt Lake Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Salt Lake, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Salt Lake will eventually generate negative long term returns. The profitability progress is the general direction of Salt Lake's change in net profit over the period of time. It can combine multiple indicators of Salt Lake, 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.
Salt Lake Potash Limited engages in the exploration and development of resource projects in Australia. Salt Lake Potash Limited was incorporated in 2005 and is based in Perth, Australia. Salt Lake operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Salt Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Salt Lake. 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 Salt Lake 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 Salt Lake's important profitability drivers and their relationship over time.

Use Salt Lake 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 Salt Lake 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 Salt Lake will appreciate offsetting losses from the drop in the long position's value.

Salt Lake Pair Trading

Salt Lake Potash Pair Trading Analysis

The ability to find closely correlated positions to Walmart could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Walmart 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 Walmart - 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 Walmart to buy it.
The correlation of Walmart 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 Walmart moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Walmart 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 Walmart 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Salt Lake position

In addition to having Salt Lake 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?

Run Construction Thematic Idea Now

Construction
Construction Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 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 Construction Theme or any other thematic opportunities.
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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Salt Pink Sheet

If you are still planning to invest in Salt Lake Potash check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Salt Lake's history and understand the potential risks before investing.
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