Stryve Ptb Ratio vs Payables Turnover 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 Ptb Ratio and its Payables Turnover 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.
Ptb Ratio vs Payables Turnover
Ptb Ratio vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stryve Foods Ptb Ratio account and Payables Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Stryve Foods' Ptb Ratio and Payables Turnover is -0.09. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Payables Turnover 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' Ptb Ratio and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Stryve Foods are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Ptb Ratio i.e., Stryve Foods' Ptb Ratio and Payables Turnover go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.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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