Stamper Accounts Payable vs Total Assets Analysis

STMP Stock  CAD 0.02  0.00  0.00%   
Stamper Oil financial indicator trend analysis is much more than just breaking down Stamper Oil Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stamper Oil Gas is a good investment. Please check the relationship between Stamper Oil Accounts Payable and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stamper Oil Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stamper Oil Gas Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Stamper Oil's Accounts Payable and Total Assets is 0.87. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Stamper Oil Gas, assuming nothing else is changed. The correlation between historical values of Stamper Oil's Accounts Payable and Total 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 Accounts Payable of Stamper Oil Gas are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Stamper Oil's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Stamper Oil obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Stamper Oil Gas are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Stamper Oil assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Stamper Oil Gas books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Stamper Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stamper Oil Gas 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 Stamper Oil Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Selling General Administrative is likely to drop to about 320.6 K in 2024. Issuance Of Capital Stock is likely to drop to about 452 K in 2024

Stamper Oil fundamental ratios Correlations

-0.490.820.660.650.960.870.61-0.810.830.780.860.860.870.750.960.76-0.890.990.360.43-0.070.39-0.110.31-0.24
-0.49-0.760.140.15-0.6-0.31-0.320.18-0.11-0.5-0.24-0.73-0.26-0.8-0.33-0.780.59-0.57-0.68-0.450.02-0.290.5-0.760.71
0.82-0.760.120.110.880.670.48-0.590.550.690.641.00.650.990.720.99-0.870.850.530.53-0.030.42-0.30.52-0.46
0.660.140.121.00.510.610.48-0.60.680.410.620.190.610.020.70.03-0.390.61-0.050.08-0.080.150.21-0.150.19
0.650.150.111.00.50.60.48-0.60.680.410.620.180.610.010.690.03-0.380.6-0.050.07-0.10.150.22-0.150.19
0.96-0.60.880.510.50.910.47-0.820.820.880.90.920.910.810.940.81-0.930.960.470.39-0.040.33-0.210.45-0.39
0.87-0.310.670.610.60.910.27-0.910.920.870.970.730.970.550.940.55-0.840.840.30.110.030.02-0.230.25-0.25
0.61-0.320.480.480.480.470.27-0.190.190.350.230.470.240.490.530.49-0.390.640.460.20.170.430.250.35-0.23
-0.810.18-0.59-0.6-0.6-0.82-0.91-0.19-0.94-0.74-0.94-0.66-0.94-0.48-0.88-0.490.88-0.76-0.02-0.230.02-0.180.070.0-0.07
0.83-0.110.550.680.680.820.920.19-0.940.70.960.630.960.440.90.46-0.780.770.00.28-0.150.21-0.02-0.030.09
0.78-0.50.690.410.410.880.870.35-0.740.70.830.740.860.610.860.6-0.780.770.66-0.030.070.03-0.150.62-0.57
0.86-0.240.640.620.620.90.970.23-0.940.960.830.711.00.530.940.54-0.840.810.180.21-0.030.18-0.080.15-0.12
0.86-0.731.00.190.180.920.730.47-0.660.630.740.710.720.970.780.97-0.90.880.510.51-0.030.4-0.280.5-0.44
0.87-0.260.650.610.610.910.970.24-0.940.960.861.00.720.540.950.55-0.840.820.210.2-0.030.17-0.090.18-0.15
0.75-0.80.990.020.010.810.550.49-0.480.440.610.530.970.540.631.0-0.820.80.540.57-0.050.46-0.290.54-0.47
0.96-0.330.720.70.690.940.940.53-0.880.90.860.940.780.950.630.64-0.860.920.340.240.020.280.010.27-0.2
0.76-0.780.990.030.030.810.550.49-0.490.460.60.540.970.551.00.64-0.820.80.520.59-0.080.49-0.250.52-0.43
-0.890.59-0.87-0.39-0.38-0.93-0.84-0.390.88-0.78-0.78-0.84-0.9-0.84-0.82-0.86-0.82-0.89-0.33-0.440.02-0.350.24-0.320.23
0.99-0.570.850.610.60.960.840.64-0.760.770.770.810.880.820.80.920.8-0.890.430.44-0.060.37-0.180.38-0.32
0.36-0.680.53-0.05-0.050.470.30.46-0.020.00.660.180.510.210.540.340.52-0.330.43-0.140.1-0.03-0.20.96-0.92
0.43-0.450.530.080.070.390.110.2-0.230.28-0.030.210.510.20.570.240.59-0.440.44-0.14-0.390.83-0.01-0.070.18
-0.070.02-0.03-0.08-0.1-0.040.030.170.02-0.150.07-0.03-0.03-0.03-0.050.02-0.080.02-0.060.1-0.39-0.29-0.150.09-0.21
0.39-0.290.420.150.150.330.020.43-0.180.210.030.180.40.170.460.280.49-0.350.37-0.030.83-0.290.490.00.22
-0.110.5-0.30.210.22-0.21-0.230.250.07-0.02-0.15-0.08-0.28-0.09-0.290.01-0.250.24-0.18-0.2-0.01-0.150.49-0.270.48
0.31-0.760.52-0.15-0.150.450.250.350.0-0.030.620.150.50.180.540.270.52-0.320.380.96-0.070.090.0-0.27-0.93
-0.240.71-0.460.190.19-0.39-0.25-0.23-0.070.09-0.57-0.12-0.44-0.15-0.47-0.2-0.430.23-0.32-0.920.18-0.210.220.48-0.93
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Stamper Oil Account Relationship Matchups

Stamper Oil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9K687.2K785.8K527.8K878.5K834.5K
Total Current Liabilities853.4K621.7K161.9K220.6K301.5K286.5K
Total Stockholder Equity(849.5K)65.4K623.8K307.2K576.9K605.8K
Net Tangible Assets(763.0K)(849.5K)65.4K623.8K561.5K589.5K
Retained Earnings(56.1M)(56.4M)(56.7M)(57.0M)(57.6M)(60.5M)
Accounts Payable374.8K215.9K161.7K164.5K168.8K160.4K
Cash383.0684.7K513.3K136.8K38.3K36.4K
Net Receivables3.5K2.4K17.6K101.4K91.3K135.0K
Total Liab853.4K621.7K161.9K220.6K301.5K286.5K
Short Long Term Debt338.7K343.8K263.4K250.0225.0213.75
Total Current Assets3.9K687.2K530.9K244.5K46.8K44.4K
Net Invested Capital(505.7K)328.8K624.1K307.4K577.2K606.0K
Net Working Capital(849.5K)65.4K369.0K23.9K(254.7K)(267.5K)

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Additional Tools for Stamper Stock Analysis

When running Stamper Oil's price analysis, check to measure Stamper Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stamper Oil is operating at the current time. Most of Stamper Oil's value examination focuses on studying past and present price action to predict the probability of Stamper Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stamper Oil's price. Additionally, you may evaluate how the addition of Stamper Oil to your portfolios can decrease your overall portfolio volatility.