Stryve Foods Stock Return On Asset
| SNAXW Stock | USD 0 0 43.04% |
Stryve Foods fundamentals help investors to digest information that contributes to Stryve Foods' financial success or failures. It also enables traders to predict the movement of Stryve Stock. The fundamental analysis module provides a way to measure Stryve Foods' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Stryve Foods stock.
Return On Assets is likely to drop to -0.61 in 2024. Stryve | Return On Asset |
Stryve Foods Company Return On Asset Analysis
Stryve Foods' 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.
Current Stryve Foods Return On Asset | -0.23 |
Most of Stryve Foods' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Stryve Foods is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Stryve Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Stryve Foods is extremely important. It helps to project a fair market value of Stryve Stock properly, considering its historical fundamentals such as Return On Asset. Since Stryve Foods' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Stryve Foods' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Stryve Foods' interrelated accounts and indicators.
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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.
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Stryve Total Assets
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Based on the latest financial disclosure, Stryve Foods has a Return On Asset of -0.2332. This is 877.33% lower than that of the Food Products sector and 89.9% lower than that of the Consumer Staples industry. The return on asset for all United States stocks is 66.57% higher than that of the company.
Stryve Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Stryve Foods' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Stryve Foods could also be used in its relative valuation, which is a method of valuing Stryve Foods by comparing valuation metrics of similar companies.Stryve Foods is currently under evaluation in return on asset category among its peers.
Stryve Fundamentals
| Return On Equity | -5.75 | ||||
| Return On Asset | -0.23 | ||||
| Profit Margin | (0.95) % | ||||
| Operating Margin | (0.36) % | ||||
| Number Of Shares Shorted | 3.43 K | ||||
| Revenue | 17.71 M | ||||
| EBITDA | (12.79 M) | ||||
| Net Income | (19.04 M) | ||||
| Total Debt | 23.97 M | ||||
| Book Value Per Share | 0.71 X | ||||
| Cash Flow From Operations | (7.68 M) | ||||
| Earnings Per Share | (0.57) X | ||||
| Number Of Employees | 86 | ||||
| Beta | 1.09 | ||||
| Total Asset | 32.71 M | ||||
| Retained Earnings | (136.29 M) | ||||
| Working Capital | (7.39 M) | ||||
| Net Asset | 32.71 M |
About Stryve Foods Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Stryve Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stryve Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Stryve Foods based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Stryve Foods' price analysis, check to measure Stryve Foods' 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 Stryve Foods is operating at the current time. Most of Stryve Foods' value examination focuses on studying past and present price action to predict the probability of Stryve Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stryve Foods' price. Additionally, you may evaluate how the addition of Stryve Foods to your portfolios can decrease your overall portfolio volatility.