Strait Selling General Administrative vs Total Revenue Analysis

300300 Stock   3.02  0.05  1.68%   
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 Selling General Administrative and its Total Revenue 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.

Selling General Administrative vs Total Revenue

Selling General Administrative vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Strait Innovation Selling General Administrative account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Strait Innovation's Selling General Administrative and Total Revenue is 0.8. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Revenue 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 Selling General Administrative and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Strait Innovation Internet are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Selling General Administrative i.e., Strait Innovation's Selling General Administrative and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Selling General Administrative

Total Revenue

Total revenue comprises all receipts Strait Innovation generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 52.1 M

Strait Innovation fundamental ratios Correlations

0.660.850.920.260.510.610.570.680.410.740.530.81-0.10.530.89-0.120.550.070.810.480.330.58-0.38-0.370.5
0.660.350.820.730.060.49-0.110.880.650.860.290.30.230.010.68-0.430.490.550.77-0.060.610.810.09-0.420.44
0.850.350.62-0.20.860.370.810.480.090.410.550.99-0.180.850.710.30.54-0.330.450.76-0.080.15-0.640.010.29
0.920.820.620.590.220.70.250.760.610.890.420.56-0.010.270.83-0.390.440.340.960.220.610.77-0.11-0.560.57
0.260.73-0.20.59-0.520.56-0.610.630.70.79-0.14-0.270.26-0.550.24-0.810.10.670.69-0.60.90.750.65-0.620.32
0.510.060.860.22-0.520.030.770.21-0.090.070.450.88-0.110.910.390.540.55-0.56-0.010.79-0.45-0.23-0.710.250.07
0.610.490.370.70.560.03-0.030.620.540.730.060.320.06-0.090.43-0.420.460.070.7-0.20.80.320.39-0.260.05
0.57-0.110.810.25-0.610.77-0.03-0.03-0.31-0.080.580.83-0.360.890.460.570.22-0.470.10.9-0.51-0.1-0.860.150.27
0.680.880.480.760.630.210.62-0.030.620.850.380.430.230.080.6-0.260.560.230.68-0.070.610.60.15-0.270.26
0.410.650.090.610.7-0.090.54-0.310.620.720.20.020.22-0.190.44-0.50.390.320.57-0.280.640.520.31-0.620.22
0.740.860.410.890.790.070.73-0.080.850.720.150.330.19-0.010.6-0.640.480.360.87-0.140.760.760.23-0.60.44
0.530.290.550.42-0.140.450.060.580.380.20.150.550.010.590.530.510.17-0.170.30.6-0.130.18-0.57-0.140.32
0.810.30.990.56-0.270.880.320.830.430.020.330.55-0.20.870.690.370.51-0.350.390.79-0.140.09-0.670.10.25
-0.10.23-0.18-0.010.26-0.110.06-0.360.230.220.190.01-0.2-0.3-0.12-0.210.220.22-0.04-0.350.180.030.33-0.05-0.08
0.530.010.850.27-0.550.91-0.090.890.08-0.19-0.010.590.87-0.30.430.590.26-0.490.090.95-0.5-0.12-0.870.120.28
0.890.680.710.830.240.390.430.460.60.440.60.530.69-0.120.43-0.060.520.290.740.480.250.61-0.45-0.280.38
-0.12-0.430.3-0.39-0.810.54-0.420.57-0.26-0.5-0.640.510.37-0.210.59-0.06-0.02-0.56-0.520.61-0.72-0.6-0.610.65-0.22
0.550.490.540.440.10.550.460.220.560.390.480.170.510.220.260.52-0.02-0.030.240.140.110.14-0.120.06-0.03
0.070.55-0.330.340.67-0.560.07-0.470.230.320.36-0.17-0.350.22-0.490.29-0.56-0.030.46-0.360.460.760.3-0.340.45
0.810.770.450.960.69-0.010.70.10.680.570.870.30.39-0.040.090.74-0.520.240.460.080.730.830.04-0.620.57
0.48-0.060.760.22-0.60.79-0.20.9-0.07-0.28-0.140.60.79-0.350.950.480.610.14-0.360.08-0.56-0.09-0.950.130.28
0.330.61-0.080.610.9-0.450.8-0.510.610.640.76-0.13-0.140.18-0.50.25-0.720.110.460.73-0.560.560.69-0.470.12
0.580.810.150.770.75-0.230.32-0.10.60.520.760.180.090.03-0.120.61-0.60.140.760.83-0.090.560.06-0.660.74
-0.380.09-0.64-0.110.65-0.710.39-0.860.150.310.23-0.57-0.670.33-0.87-0.45-0.61-0.120.30.04-0.950.690.06-0.11-0.27
-0.37-0.420.01-0.56-0.620.25-0.260.15-0.27-0.62-0.6-0.140.1-0.050.12-0.280.650.06-0.34-0.620.13-0.47-0.66-0.11-0.57
0.50.440.290.570.320.070.050.270.260.220.440.320.25-0.080.280.38-0.22-0.030.450.570.280.120.74-0.27-0.57
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Strait Innovation Account Relationship Matchups

Strait Innovation fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B1.6B1.3B1.2B1.4B1.8B
Other Current Liab51.4M88.6M75.6M925.3K1.1M1.0M
Total Current Liabilities903.2M930.9M854.5M912.3M1.0B751.9M
Total Stockholder Equity909.4M542.4M369.3M188.5M216.7M205.9M
Retained Earnings(759.7M)(1.1B)(1.3B)(1.7B)(1.5B)(1.4B)
Accounts Payable370.4M365.3M383.6M400.5M460.5M283.8M
Cash202.0M58.2M11.2M33.2M29.9M28.4M
Other Assets382.3M279.4M393.1M387.4M445.5M467.7M
Net Receivables152.5M465.0M101.9M64.9M74.6M70.9M
Short Term Investments94.8M52.7M23.1M22.4M20.2M37.9M
Inventory111.6M11.8M11.6M13.0M14.9M14.2M
Other Current Assets35.4M72.9M21.3M13.7M15.7M26.1M
Total Liab935.5M1.1B968.7M1.0B1.2B791.8M
Intangible Assets891.2K562.2K316.7K134.1K120.7K114.6K
Property Plant Equipment180.1M173.8M156.1M94.9M109.1M148.1M
Net Tangible Assets1.5B908.5M541.8M369.0M332.1M315.5M
Total Current Assets946.0M660.5M484.3M398.6M358.7M340.8M
Non Current Assets Total899.4M935.9M853.2M812.6M731.4M994.9M
Non Current Liabilities Total32.3M123.1M114.2M110.0M126.5M71.5M
Other Stockholder Equity16.8M(2.7M)(5.7M)(2.9M)(2.6M)(2.5M)
Deferred Long Term Liab58.9M40.0M27.3M20.2M18.1M29.3M
Short Long Term Debt439.6M429.4M367.8M416.0M374.4M399.6M
Net Debt237.7M371.3M408.5M433.9M498.9M329.8M
Net Invested Capital1.3B971.8M789.1M655.5M589.9M560.4M
Net Working Capital42.8M(270.3M)(370.2M)(513.7M)(462.3M)(439.2M)
Property Plant And Equipment Net173.8M156.1M94.9M61.5M55.3M106.6M
Property Plant And Equipment Gross274.6M228.5M162.8M126.9M114.2M166.2M

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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.