STANDARD LITHIUM LTD.
SLI · Chemicals & Allied Products · EDGAR filings ↗
Grade
C59Standard Lithium is a pre-revenue lithium developer that is well-funded but years from cash flow and dependent on its Equinor partnership and project financing.
Strengths
- Strong liquidity: current/quick ratio 15.6 (94th pct) and ~$152M cash
- Strategic Equinor partnership advancing Arkansas DLE project toward a final investment decision
Risks
- Pre-revenue with negative ROA/ROE and deeply negative interest coverage (2.6th pct)
- Binary development/permitting/financing risk and exposure to volatile lithium prices
Notable findings
- No interest coverageInterest coverage -829.97 (cannot cover interest)
- Strong balance sheetStrong balance sheet — $152M cash & investments
Key metrics
Return on equity
-13.7%
Return on assets
-12.5%
Interest coverage
-830.0×
Current ratio
15.6×
Tangible book value
$354M
Cash & investments
$152M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2026-03-30 | 2025-12-31 | 0001193125-26-130448 ↗ |
| 40-F | 2025-03-24 | 2024-12-31 | 0000950170-25-043495 ↗ |
| 40-F | 2024-09-24 | 2024-06-30 | 0001410578-24-001622 ↗ |
| 40-F | 2023-09-22 | 2023-06-30 | 0001104659-23-103034 ↗ |
| 40-F | 2022-09-23 | 2022-06-30 | 0001104659-22-102665 ↗ |
| 40-F | 2021-10-28 | 2021-06-30 | 0001171843-21-007284 ↗ |