Stryve Other Current Assets vs Net Debt Analysis
SNAX Stock | USD 0.94 0.01 1.61% |
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 Other Current Assets and its Net Debt 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.
Other Current Assets vs Net Debt
Other Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stryve Foods Other Current Assets account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Stryve Foods' Other Current Assets and Net Debt is 0.54. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Debt 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' Other Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Stryve Foods are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Assets i.e., Stryve Foods' Other Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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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