Stryve Net Income From Continuing Ops vs Gross Profit Analysis

SNAXW Stock  USD 0  0  43.04%   
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 Net Income From Continuing Ops and its Gross Profit 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 interest.
For more information on how to buy Stryve Stock please use our How to Invest in Stryve Foods guide.

Net Income From Continuing Ops vs Gross Profit

Net Income From Continuing Ops vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stryve Foods Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Stryve Foods' Net Income From Continuing Ops and Gross Profit is -0.67. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit 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' Net Income From Continuing Ops and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Stryve Foods are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Stryve Foods' Net Income From Continuing Ops and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income From Continuing Ops

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Stryve Foods minus its cost of goods sold. It is profit before Stryve Foods operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 interest.
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 climb to 0.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.7 M in 2024.

Stryve Foods fundamental ratios Correlations

0.720.250.880.72-0.350.720.150.820.320.770.340.370.390.840.35-0.84-0.78-0.370.29-0.370.2-0.36-0.20.20.32
0.720.830.341.0-0.710.98-0.450.80.570.830.840.670.840.320.83-0.31-0.95-0.820.49-0.820.29-0.83-0.420.290.41
0.250.83-0.180.83-0.610.78-0.780.390.540.480.880.590.95-0.150.810.15-0.7-0.810.27-0.810.32-0.83-0.340.320.24
0.880.34-0.180.340.080.340.540.550.00.47-0.140.010.030.97-0.1-0.97-0.40.10.00.10.060.10.110.060.06
0.721.00.830.34-0.70.97-0.420.80.540.820.840.640.840.320.82-0.32-0.94-0.80.49-0.80.25-0.81-0.420.250.38
-0.35-0.71-0.610.08-0.7-0.790.59-0.75-0.73-0.81-0.9-0.84-0.440.19-0.93-0.20.810.94-0.840.94-0.330.920.74-0.33-0.8
0.720.980.780.340.97-0.79-0.440.870.650.910.850.750.750.280.89-0.28-0.97-0.860.57-0.860.38-0.86-0.50.380.56
0.15-0.45-0.780.54-0.420.59-0.44-0.09-0.72-0.23-0.76-0.68-0.630.59-0.68-0.590.450.77-0.220.77-0.590.790.23-0.59-0.45
0.820.80.390.550.8-0.750.87-0.090.570.990.620.70.360.450.72-0.44-0.88-0.680.76-0.680.25-0.68-0.470.250.67
0.320.570.540.00.54-0.730.65-0.720.570.680.670.970.39-0.170.740.17-0.71-0.820.49-0.820.86-0.83-0.170.860.87
0.770.830.480.470.82-0.810.91-0.230.990.680.690.80.410.350.8-0.34-0.92-0.770.75-0.770.38-0.77-0.490.380.75
0.340.840.88-0.140.84-0.90.85-0.760.620.670.690.760.77-0.180.940.19-0.84-0.970.62-0.970.31-0.97-0.630.310.56
0.370.670.590.010.64-0.840.75-0.680.70.970.80.760.42-0.150.850.16-0.78-0.890.67-0.890.73-0.9-0.310.730.9
0.390.840.950.030.84-0.440.75-0.630.360.390.410.770.420.090.66-0.09-0.69-0.670.08-0.670.24-0.69-0.230.240.04
0.840.32-0.150.970.320.190.280.590.45-0.170.35-0.18-0.150.09-0.17-1.0-0.330.19-0.130.19-0.090.190.1-0.09-0.14
0.350.830.81-0.10.82-0.930.89-0.680.720.740.80.940.850.66-0.170.18-0.84-0.960.69-0.960.41-0.96-0.640.410.68
-0.84-0.310.15-0.97-0.32-0.2-0.28-0.59-0.440.17-0.340.190.16-0.09-1.00.180.32-0.20.14-0.20.09-0.19-0.120.090.14
-0.78-0.95-0.7-0.4-0.940.81-0.970.45-0.88-0.71-0.92-0.84-0.78-0.69-0.33-0.840.320.87-0.590.87-0.420.870.48-0.42-0.63
-0.37-0.82-0.810.1-0.80.94-0.860.77-0.68-0.82-0.77-0.97-0.89-0.670.19-0.96-0.20.87-0.681.0-0.481.00.56-0.48-0.72
0.290.490.270.00.49-0.840.57-0.220.760.490.750.620.670.08-0.130.690.14-0.59-0.68-0.680.02-0.66-0.570.020.7
-0.37-0.82-0.810.1-0.80.94-0.860.77-0.68-0.82-0.77-0.97-0.89-0.670.19-0.96-0.20.871.0-0.68-0.481.00.56-0.48-0.72
0.20.290.320.060.25-0.330.38-0.590.250.860.380.310.730.24-0.090.410.09-0.42-0.480.02-0.48-0.510.131.00.67
-0.36-0.83-0.830.1-0.810.92-0.860.79-0.68-0.83-0.77-0.97-0.9-0.690.19-0.96-0.190.871.0-0.661.0-0.510.52-0.51-0.71
-0.2-0.42-0.340.11-0.420.74-0.50.23-0.47-0.17-0.49-0.63-0.31-0.230.1-0.64-0.120.480.56-0.570.560.130.520.13-0.42
0.20.290.320.060.25-0.330.38-0.590.250.860.380.310.730.24-0.090.410.09-0.42-0.480.02-0.481.0-0.510.130.67
0.320.410.240.060.38-0.80.56-0.450.670.870.750.560.90.04-0.140.680.14-0.63-0.720.7-0.720.67-0.71-0.420.67
Click cells to compare fundamentals

Stryve Foods Account Relationship Matchups

Stryve Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets110.5M26.2M36.8M39.6M32.7M33.8M
Short Long Term Debt Total20.7M30.0M15.3M18.3M24.0M14.9M
Total Current Liabilities5.7K31.7M11.8M7.1M15.8M9.2M
Total Stockholder Equity110.5M(9.3M)16.4M16.4M1.6M1.5M
Net Debt20.4M29.4M13.1M17.7M23.6M14.3M
Retained Earnings1.7M(52.1M)(84.1M)(117.3M)(136.3M)(129.5M)
Accounts Payable3.1M3.8M3.1M3.0M4.5M2.4M
Common Stock Shares Outstanding3.4M1.3M1.3M2.1M2.2M1.8M
Liabilities And Stockholders Equity110.5M26.2M36.8M39.6M32.7M33.8M
Non Current Liabilities Total14.7M3.9M8.5M16.0M15.3M8.1M
Other Current Assets8.1K778.2K2.5M1.6M720.7K794.5K
Other Stockholder Equity108.8M42.8M100.6M133.7M137.9M72.0M
Total Liab5.7K35.6M20.3M23.1M31.1M32.7M
Total Current Assets360.6K5.4M15.0M12.9M8.4M5.8M
Short Term Debt6.1M26.1M7.1M2.3M8.6M6.9M
Common Stock105.5M1.0K2.0K3K262.0248.9
Other Current Liab5.7K1.7M1.6M1.6M2.6M1.4M

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