Stryve Total Current Liabilities vs Other Current 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 Total Current Liabilities and its Other Current 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.

Total Current Liabilities vs Other Current Assets

Total Current Liabilities vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stryve Foods Total Current Liabilities account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Stryve Foods' Total Current Liabilities and Other Current Assets is 0.54. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current 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' Total Current Liabilities and Other Current 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 Total Current Liabilities of Stryve Foods are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Liabilities i.e., Stryve Foods' Total Current Liabilities and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Stryve Foods balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Stryve Foods are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.
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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