Sitio Historical Balance Sheet

STR Stock

USD 24.04 0.48 1.96%

Trend analysis of Sitio Royalties Corp balance sheet accounts such as Total Stockholder Equity of 1 B, Property Plant And Equipment Net of 4.8 B, Net Debt of 536 M or Accounts Payable of 254.6 K provides information on Sitio Royalties' total assets, liabilities, and equity, which is the actual value of Sitio Royalties Corp to its prevalent stockholders. By breaking down trends over time using Sitio Royalties balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Sitio Royalties Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sitio Royalties Corp is a good buy for the upcoming year.

Sitio Royalties Inventory

(121.42 Million)

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sitio Royalties Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Sitio Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Sitio Royalties Corp at a specified time, usually calculated after every quarter, six months, or one year. Sitio Royalties Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sitio Royalties and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sitio currently owns. An asset can also be divided into two categories, current and non-current.

Sitio Royalties Balance Sheet Chart

At this time, Sitio Royalties' Other Stockholder Equity is relatively stable compared to the past year. As of 11/26/2024, Non Currrent Assets Other is likely to grow to about 18.4 M, while Short and Long Term Debt Total is likely to drop slightly above 553.5 M.

Short Long Term Debt Total Other Current Liab Total Current Liabilities Property Plant And Equipment Net Cash And Short Term Investments Net Receivables

Add Fundamental

Total Current Liabilities

Total Current Liabilities is an item on Sitio Royalties balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sitio Royalties Corp 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Sitio Royalties Corp balance sheet. This account contains Sitio Royalties investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sitio Royalties Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most accounts from Sitio Royalties' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Sitio Royalties Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Sitio Royalties Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	2.3M	11.4M	16.4M	15.6M
Short and Long Term Debt Total	134M	945.8M	872.5M	553.5M

Other Current Liab Short Long Term Debt Total

Sitio Royalties balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Stockholder Equity	Non Currrent Assets Other
Total Assets		0.89	0.59	0.61	0.98	0.93	0.58	0.89	0.52	0.57	0.78	0.93	0.7	0.88	0.06	0.59	0.14	0.85	0.67	0.76	0.82	0.39	-0.32	0.5	0.4	-0.06
Short Long Term Debt Total	0.89		0.8	0.77	0.8	0.81	0.8	1.0	0.62	0.65	0.69	0.82	0.66	0.69	-0.25	0.55	0.08	0.98	0.83	0.96	0.87	0.46	-0.25	0.67	0.13	0.26
Other Current Liab	0.59	0.8		0.98	0.46	0.45	0.97	0.8	0.9	0.76	0.71	0.46	0.73	0.43	-0.07	0.69	0.17	0.82	0.99	0.87	0.86	0.72	-0.23	0.87	-0.38	0.08
Total Current Liabilities	0.61	0.77	0.98		0.49	0.46	0.97	0.77	0.93	0.83	0.69	0.47	0.74	0.51	0.06	0.78	0.17	0.78	0.98	0.84	0.88	0.78	-0.37	0.9	-0.38	-0.05
Total Stockholder Equity	0.98	0.8	0.46	0.49		0.95	0.44	0.79	0.4	0.46	0.76	0.95	0.67	0.91	0.13	0.55	0.12	0.76	0.55	0.66	0.76	0.33	-0.32	0.38	0.53	-0.14
Property Plant And Equipment Net	0.93	0.81	0.45	0.46	0.95		0.43	0.81	0.32	0.4	0.7	1.0	0.66	0.9	0.01	0.5	0.06	0.77	0.53	0.72	0.78	0.29	-0.34	0.32	0.62	-0.01
Current Deferred Revenue	0.58	0.8	0.97	0.97	0.44	0.43		0.8	0.9	0.81	0.65	0.44	0.7	0.44	-0.08	0.71	0.16	0.8	0.98	0.88	0.85	0.69	-0.33	0.9	-0.4	0.08
Net Debt	0.89	1.0	0.8	0.77	0.79	0.81	0.8		0.62	0.65	0.69	0.81	0.65	0.69	-0.26	0.54	0.07	0.98	0.83	0.96	0.86	0.46	-0.25	0.67	0.13	0.26
Retained Earnings	0.52	0.62	0.9	0.93	0.4	0.32	0.9	0.62		0.92	0.68	0.34	0.79	0.5	0.32	0.87	0.36	0.65	0.91	0.68	0.82	0.62	-0.53	0.92	-0.5	-0.31
Accounts Payable	0.57	0.65	0.76	0.83	0.46	0.4	0.81	0.65	0.92		0.55	0.42	0.74	0.62	0.34	0.89	0.37	0.64	0.81	0.67	0.8	0.44	-0.75	0.89	-0.37	-0.33
Cash	0.78	0.69	0.71	0.69	0.76	0.7	0.65	0.69	0.68	0.55		0.7	0.85	0.68	0.26	0.68	0.27	0.74	0.76	0.65	0.82	0.46	-0.21	0.59	0.07	-0.24
Non Current Assets Total	0.93	0.82	0.46	0.47	0.95	1.0	0.44	0.81	0.34	0.42	0.7		0.67	0.9	0.01	0.51	0.07	0.78	0.54	0.73	0.79	0.3	-0.35	0.34	0.61	-0.02
Cash And Short Term Investments	0.7	0.66	0.73	0.74	0.67	0.66	0.7	0.65	0.79	0.74	0.85	0.67		0.73	0.38	0.84	0.58	0.73	0.77	0.68	0.88	0.39	-0.54	0.69	-0.01	-0.37
Net Receivables	0.88	0.69	0.43	0.51	0.91	0.9	0.44	0.69	0.5	0.62	0.68	0.9	0.73		0.37	0.73	0.17	0.63	0.53	0.6	0.81	0.34	-0.65	0.45	0.45	-0.38
Good Will	0.06	-0.25	-0.07	0.06	0.13	0.01	-0.08	-0.26	0.32	0.34	0.26	0.01	0.38	0.37		0.58	0.39	-0.25	0.0	-0.31	0.14	0.08	-0.58	0.13	-0.05	-1.0
Common Stock Shares Outstanding	0.59	0.55	0.69	0.78	0.55	0.5	0.71	0.54	0.87	0.89	0.68	0.51	0.84	0.73	0.58		0.36	0.54	0.76	0.56	0.83	0.5	-0.75	0.77	-0.18	-0.58
Short Term Investments	0.14	0.08	0.17	0.17	0.12	0.06	0.16	0.07	0.36	0.37	0.27	0.07	0.58	0.17	0.39	0.36		0.24	0.16	0.07	0.2	-0.13	-0.32	0.2	-0.17	-0.38
Non Current Liabilities Total	0.85	0.98	0.82	0.78	0.76	0.77	0.8	0.98	0.65	0.64	0.74	0.78	0.73	0.63	-0.25	0.54	0.24		0.84	0.95	0.85	0.42	-0.19	0.66	0.08	0.25
Other Current Assets	0.67	0.83	0.99	0.98	0.55	0.53	0.98	0.83	0.91	0.81	0.76	0.54	0.77	0.53	0.0	0.76	0.16	0.84		0.89	0.91	0.7	-0.32	0.89	-0.31	0.01
Total Liab	0.76	0.96	0.87	0.84	0.66	0.72	0.88	0.96	0.68	0.67	0.65	0.73	0.68	0.6	-0.31	0.56	0.07	0.95	0.89		0.89	0.52	-0.27	0.73	0.0	0.31
Total Current Assets	0.82	0.87	0.86	0.88	0.76	0.78	0.85	0.86	0.82	0.8	0.82	0.79	0.88	0.81	0.14	0.83	0.2	0.85	0.91	0.89		0.6	-0.53	0.79	0.03	-0.14
Short Term Debt	0.39	0.46	0.72	0.78	0.33	0.29	0.69	0.46	0.62	0.44	0.46	0.3	0.39	0.34	0.08	0.5	-0.13	0.42	0.7	0.52	0.6		-0.1	0.57	-0.23	-0.08
Intangible Assets	-0.32	-0.25	-0.23	-0.37	-0.32	-0.34	-0.33	-0.25	-0.53	-0.75	-0.21	-0.35	-0.54	-0.65	-0.58	-0.75	-0.32	-0.19	-0.32	-0.27	-0.53	-0.1		-0.5	0.05	0.59
Common Stock	0.5	0.67	0.87	0.9	0.38	0.32	0.9	0.67	0.92	0.89	0.59	0.34	0.69	0.45	0.13	0.77	0.2	0.66	0.89	0.73	0.79	0.57	-0.5		-0.48	-0.12
Other Stockholder Equity	0.4	0.13	-0.38	-0.38	0.53	0.62	-0.4	0.13	-0.5	-0.37	0.07	0.61	-0.01	0.45	-0.05	-0.18	-0.17	0.08	-0.31	0.0	0.03	-0.23	0.05	-0.48		0.04
Non Currrent Assets Other	-0.06	0.26	0.08	-0.05	-0.14	-0.01	0.08	0.26	-0.31	-0.33	-0.24	-0.02	-0.37	-0.38	-1.0	-0.58	-0.38	0.25	0.01	0.31	-0.14	-0.08	0.59	-0.12	0.04

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Sitio Royalties Account Relationship Matchups

Sitio Royalties balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	290.3M	275.7M	1.2B	5.2B	4.8B	2.4B
Short Long Term Debt Total	42.5M	39.8M	134M	945.8M	872.5M	553.5M
Total Current Liabilities	2.2M	3.1M	4.6M	26.4M	31.8M	30.2M
Total Stockholder Equity	129.1M	139.8M	560.6M	1.7B	1.6B	1.0B
Property Plant And Equipment Net	219.7M	207.9M	1.2B	5.0B	4.6B	4.8B
Net Debt	40.0M	37.1M	121.6M	926.9M	857.3M	536.0M
Retained Earnings	22.7M	18.7M	9.6M	(9.2M)	(187.7M)	(178.4M)
Accounts Payable	2.2M	1.5M	175K	21.9M	268K	254.6K
Cash	2.5M	2.7M	12.4M	18.8M	15.2M	12.7M
Non Current Assets Total	278.7M	266.8M	1.2B	5.0B	4.6B	4.8B
Cash And Short Term Investments	2.5M	2.7M	12.4M	18.8M	15.2M	28.4M
Net Receivables	7.9M	5.4M	36.2M	142.0M	107.3M	125.7M
Common Stock Shares Outstanding	11.5M	21.5M	20.0M	13.7M	81.3M	88.1M
Liabilities And Stockholders Equity	290.3M	275.7M	1.2B	5.2B	4.8B	2.6B
Non Current Liabilities Total	43.1M	44.2M	135.1M	1.3B	1.1B	694.4M
Other Current Assets	1.2M	7.0M	235K	31.4M	31.4M	29.9M
Total Liab	45.3M	47.3M	139.7M	1.3B	1.2B	1.7B
Total Current Assets	11.6M	8.9M	48.8M	192.2M	154.0M	278.2M
Other Stockholder Equity	129.1M	121.1M	(9.6M)	1.7B	1.8B	1.9B
Non Currrent Assets Other	2.5M	3.0M	(50.0M)	8.8M	17.5M	18.4M
Long Term Debt Total	42.5M	39.8M	40M	938.9M	1.1B	1.1B
Capital Surpluse	117.6M	121.1M	121.0M	1.8B	2.0B	2.1B
Cash And Equivalents	2.5M	2.7M	2.8M	18.8M	21.6M	22.7M
Other Assets	979K	1.0M	2.1M	22.2M	20.0M	14.1M
Long Term Debt	42.5M	39.8M	40M	938.9M	865.3M	908.6M
Net Invested Capital	171.6M	163.3M	170.7M	2.7B	2.5B	2.6B
Net Working Capital	9.4M	5.8M	10.0M	165.8M	122.2M	128.3M

Pair Trading with Sitio Royalties

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sitio Royalties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sitio Royalties will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sitio Stock

0.73	AR	Antero Resources Corp	Pair Corr
0.75	EP	Empire Petroleum Corp	Pair Corr
0.88	LB	LandBridge Company Downward Rally	Pair Corr
0.85	PR	Permian Resources Aggressive Push	Pair Corr

Moving against Sitio Stock

0.72	BRN	Barnwell Industries	Pair Corr
0.57	BRY	Berry Petroleum Corp	Pair Corr
0.41	APA	APA Corporation	Pair Corr

The ability to find closely correlated positions to Sitio Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sitio Royalties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sitio Royalties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sitio Royalties Corp to buy it.

The correlation of Sitio Royalties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sitio Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sitio Royalties Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Sitio Royalties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Sitio Stock Analysis

When running Sitio Royalties' price analysis, check to measure Sitio Royalties' 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 Sitio Royalties is operating at the current time. Most of Sitio Royalties' value examination focuses on studying past and present price action to predict the probability of Sitio Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sitio Royalties' price. Additionally, you may evaluate how the addition of Sitio Royalties to your portfolios can decrease your overall portfolio volatility.

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Sitio Historical Balance Sheet

Sitio Royalties Inventory

(121.42 Million)

About Sitio Balance Sheet Analysis

Sitio Royalties Balance Sheet Chart

Total Current Liabilities

Property Plant And Equipment Net

Cash And Short Term Investments

Sitio Royalties balance sheet Correlations

Sitio Royalties Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sitio Royalties balance sheet Accounts

Pair Trading with Sitio Royalties

Moving together with Sitio Stock

Moving against Sitio Stock

Additional Tools for Sitio Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Other Current Assets	+ 0.99	Other Current Liab
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Current Liabilities	+ 0.98	Other Current Liab

Non Currrent Assets Other	- 1.0	Good Will
Intangible Assets	- 0.75	Common Stock Shares Outstanding
Intangible Assets	- 0.75	Accounts Payable
Intangible Assets	- 0.65	Net Receivables
Non Currrent Assets Other	- 0.58	Common Stock Shares Outstanding
Intangible Assets	- 0.58	Good Will