Stryve Operating Income vs Ebit Analysis
SNAX Stock | USD 0.93 0.03 3.33% |
Stryve Foods financial indicator trend analysis is much more than just breaking down Stryve Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stryve Foods is a good investment. Please check the relationship between Stryve Foods Operating Income and its Ebit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stryve Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Stryve Stock please use our How to Invest in Stryve Foods guide.
Operating Income vs Ebit
Operating Income vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stryve Foods Operating Income account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between Stryve Foods' Operating Income and Ebit is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Stryve Foods, assuming nothing else is changed. The correlation between historical values of Stryve Foods' Operating Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Stryve Foods are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Operating Income i.e., Stryve Foods' Operating Income and Ebit go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Stryve Foods operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Stryve Foods is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Ebit
Most indicators from Stryve Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stryve Foods 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 Stryve Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Stryve Stock please use our How to Invest in Stryve Foods guide.Sales General And Administrative To Revenue is likely to rise to 0.38 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.4 M in 2024.
Stryve Foods fundamental ratios Correlations
Click cells to compare fundamentals
Stryve Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stryve Foods fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 110.5M | 26.2M | 36.8M | 39.6M | 32.7M | 33.8M | |
Short Long Term Debt Total | 20.7M | 30.0M | 15.3M | 18.3M | 24.0M | 14.9M | |
Total Current Liabilities | 5.7K | 31.7M | 11.8M | 7.1M | 15.8M | 9.2M | |
Total Stockholder Equity | 110.5M | (9.3M) | 16.4M | 16.4M | 1.6M | 1.5M | |
Net Debt | 20.4M | 29.4M | 13.1M | 17.7M | 23.6M | 14.3M | |
Retained Earnings | 1.7M | (52.1M) | (84.1M) | (117.3M) | (136.3M) | (129.5M) | |
Accounts Payable | 3.1M | 3.8M | 3.1M | 3.0M | 4.5M | 2.4M | |
Common Stock Shares Outstanding | 3.4M | 1.3M | 1.3M | 2.1M | 2.2M | 1.8M | |
Liabilities And Stockholders Equity | 110.5M | 26.2M | 36.8M | 39.6M | 32.7M | 33.8M | |
Non Current Liabilities Total | 14.7M | 3.9M | 8.5M | 16.0M | 15.3M | 8.1M | |
Other Current Assets | 8.1K | 778.2K | 2.5M | 1.6M | 720.7K | 794.5K | |
Other Stockholder Equity | 108.8M | 42.8M | 100.6M | 133.7M | 137.9M | 72.0M | |
Total Liab | 5.7K | 35.6M | 20.3M | 23.1M | 31.1M | 32.7M | |
Total Current Assets | 360.6K | 5.4M | 15.0M | 12.9M | 8.4M | 5.8M | |
Short Term Debt | 6.1M | 26.1M | 7.1M | 2.3M | 8.6M | 6.9M | |
Common Stock | 105.5M | 1.0K | 2.0K | 3K | 262.0 | 248.9 | |
Other Current Liab | 5.7K | 1.7M | 1.6M | 1.6M | 2.6M | 1.4M | |
Other Assets | 1.0 | (1.0) | 1.1M | (1K) | (1.2K) | (1.1K) |
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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.