Strait Dividends Paid vs Change In Working Capital Analysis
300300 Stock | 3.19 0.05 1.59% |
Strait Innovation financial indicator trend analysis is much more than just breaking down Strait Innovation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Strait Innovation is a good investment. Please check the relationship between Strait Innovation Dividends Paid and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Strait Innovation Internet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Dividends Paid vs Change In Working Capital
Dividends Paid vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Strait Innovation Dividends Paid account and Change In Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Strait Innovation's Dividends Paid and Change In Working Capital is -0.39. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Strait Innovation Internet, assuming nothing else is changed. The correlation between historical values of Strait Innovation's Dividends Paid and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Strait Innovation Internet are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Dividends Paid i.e., Strait Innovation's Dividends Paid and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Most indicators from Strait Innovation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Strait Innovation 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Strait Innovation Internet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The current year's Selling General Administrative is expected to grow to about 48.2 M. The current year's Tax Provision is expected to grow to about 45.3 M
Strait Innovation fundamental ratios Correlations
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Strait Innovation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Strait Innovation fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5B | 1.8B | 1.6B | 1.3B | 1.2B | 1.8B | |
Other Current Liab | 111.9M | 51.4M | 88.6M | 75.6M | 925.3K | 879.0K | |
Total Current Liabilities | 969.7M | 903.2M | 930.9M | 854.5M | 912.3M | 751.9M | |
Total Stockholder Equity | 1.5B | 909.4M | 542.4M | 369.3M | 188.5M | 179.0M | |
Retained Earnings | (171.0M) | (759.7M) | (1.1B) | (1.3B) | (1.7B) | (1.6B) | |
Accounts Payable | 351.8M | 370.4M | 365.3M | 383.6M | 400.5M | 283.8M | |
Cash | 187.6M | 202.0M | 58.2M | 11.2M | 33.2M | 31.5M | |
Other Assets | 382.3M | 279.4M | 393.1M | 387.4M | 445.5M | 467.7M | |
Net Receivables | 357.4M | 152.5M | 465.0M | 101.9M | 64.9M | 61.6M | |
Inventory | 408.0M | 111.6M | 11.8M | 11.6M | 13.0M | 12.3M | |
Other Current Assets | 46.1M | 35.4M | 72.9M | 21.3M | 13.7M | 26.1M | |
Total Liab | 969.9M | 935.5M | 1.1B | 968.7M | 1.0B | 791.8M | |
Intangible Assets | 1.1M | 891.2K | 562.2K | 316.7K | 134.1K | 127.4K | |
Property Plant Equipment | 180.1M | 173.8M | 156.1M | 94.9M | 109.1M | 148.1M | |
Net Tangible Assets | 1.5B | 908.5M | 541.8M | 369.0M | 332.1M | 315.5M | |
Total Current Assets | 1.1B | 946.0M | 660.5M | 484.3M | 398.6M | 378.7M | |
Non Current Assets Total | 1.4B | 899.4M | 935.9M | 853.2M | 812.6M | 994.9M | |
Non Current Liabilities Total | 178.9K | 32.3M | 123.1M | 114.2M | 110.0M | 71.5M | |
Other Stockholder Equity | 16.8M | (2.7M) | (5.7M) | (2.9M) | (2.6M) | (2.5M) | |
Deferred Long Term Liab | 58.9M | 40.0M | 27.3M | 20.2M | 18.1M | 29.3M | |
Short Long Term Debt | 490.8M | 439.6M | 429.4M | 367.8M | 416.0M | 399.6M | |
Net Debt | 303.2M | 237.7M | 371.3M | 408.5M | 433.9M | 329.8M | |
Net Invested Capital | 2.0B | 1.3B | 971.8M | 789.1M | 655.5M | 1.3B | |
Net Working Capital | 120.7M | 42.8M | (270.3M) | (370.2M) | (513.7M) | (488.0M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Strait Stock
Balance Sheet is a snapshot of the financial position of Strait Innovation at a specified time, usually calculated after every quarter, six months, or one year. Strait Innovation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Strait Innovation 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 Strait currently owns. An asset can also be divided into two categories, current and non-current.