Stryve Net Invested Capital vs Intangible Assets 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 Invested Capital and its Intangible Assets 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 Invested Capital vs Intangible Assets

Net Invested Capital vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stryve Foods Net Invested Capital account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Stryve Foods' Net Invested Capital and Intangible Assets is 0.65. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Intangible Assets 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 Invested Capital and Intangible Assets 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 Invested Capital of Stryve Foods are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Invested Capital i.e., Stryve Foods' Net Invested Capital and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 0.38 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.4 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
0.720.830.341.0-0.710.98-0.450.80.570.830.840.670.840.320.83-0.32-0.95-0.820.49-0.820.29-0.83-0.420.290.41
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
0.880.34-0.180.340.080.340.540.550.00.47-0.140.010.030.97-0.1-0.98-0.40.10.00.10.060.10.110.060.06
0.721.00.830.34-0.70.97-0.420.80.540.820.840.640.840.320.82-0.33-0.94-0.80.49-0.80.25-0.81-0.420.250.38
-0.35-0.71-0.610.08-0.7-0.790.59-0.75-0.73-0.81-0.9-0.84-0.440.19-0.93-0.180.810.94-0.840.94-0.330.920.74-0.33-0.8
0.720.980.780.340.97-0.79-0.440.870.650.910.850.750.750.280.89-0.29-0.97-0.860.57-0.860.38-0.86-0.50.380.56
0.15-0.45-0.780.54-0.420.59-0.44-0.09-0.72-0.23-0.76-0.68-0.630.59-0.68-0.580.450.77-0.220.77-0.590.790.23-0.59-0.45
0.820.80.390.550.8-0.750.87-0.090.570.990.620.70.360.450.72-0.45-0.88-0.680.76-0.680.25-0.68-0.470.250.67
0.320.570.540.00.54-0.730.65-0.720.570.680.670.970.39-0.170.740.16-0.71-0.820.49-0.820.86-0.83-0.170.860.87
0.770.830.480.470.82-0.810.91-0.230.990.680.690.80.410.350.8-0.35-0.92-0.770.75-0.770.38-0.77-0.490.380.75
0.340.840.88-0.140.84-0.90.85-0.760.620.670.690.760.77-0.180.940.18-0.84-0.970.62-0.970.31-0.97-0.630.310.56
0.370.670.590.010.64-0.840.75-0.680.70.970.80.760.42-0.150.850.15-0.78-0.890.67-0.890.73-0.9-0.310.730.9
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
0.350.830.81-0.10.82-0.930.89-0.680.720.740.80.940.850.66-0.170.17-0.84-0.960.69-0.960.41-0.96-0.640.410.68
-0.84-0.320.15-0.98-0.33-0.18-0.29-0.58-0.450.16-0.350.180.15-0.09-1.00.170.33-0.180.13-0.180.09-0.18-0.10.090.13
-0.78-0.95-0.7-0.4-0.940.81-0.970.45-0.88-0.71-0.92-0.84-0.78-0.69-0.33-0.840.330.87-0.590.87-0.420.870.48-0.42-0.63
-0.37-0.82-0.810.1-0.80.94-0.860.77-0.68-0.82-0.77-0.97-0.89-0.670.19-0.96-0.180.87-0.681.0-0.481.00.56-0.48-0.72
0.290.490.270.00.49-0.840.57-0.220.760.490.750.620.670.08-0.130.690.13-0.59-0.68-0.680.02-0.66-0.570.020.7
-0.37-0.82-0.810.1-0.80.94-0.860.77-0.68-0.82-0.77-0.97-0.89-0.670.19-0.96-0.180.871.0-0.68-0.481.00.56-0.48-0.72
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
-0.36-0.83-0.830.1-0.810.92-0.860.79-0.68-0.83-0.77-0.97-0.9-0.690.19-0.96-0.180.871.0-0.661.0-0.510.52-0.51-0.71
-0.2-0.42-0.340.11-0.420.74-0.50.23-0.47-0.17-0.49-0.63-0.31-0.230.1-0.64-0.10.480.56-0.570.560.130.520.13-0.42
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
0.320.410.240.060.38-0.80.56-0.450.670.870.750.560.90.04-0.140.680.13-0.63-0.720.7-0.720.67-0.71-0.420.67
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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