Stryve Accounts Payable vs Total Current Liabilities Analysis

SNAX Stock  USD 0.92  0  0.11%   
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 Accounts Payable and its Total Current Liabilities 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 nation.
For more information on how to buy Stryve Stock please use our How to Invest in Stryve Foods guide.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stryve Foods Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Stryve Foods' Accounts Payable and Total Current Liabilities is 0.78. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities 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' Accounts Payable and Total Current Liabilities 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 Stryve Foods are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Stryve Foods' Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Stryve Foods 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 Stryve Foods 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 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.
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 nation.
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 rise to 0.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.7 M in 2024.

Stryve Foods fundamental ratios Correlations

0.720.250.880.72-0.350.720.840.150.820.320.770.340.370.390.840.35-0.84-0.06-0.37-0.020.29-0.370.2-0.36-0.2
0.720.830.341.0-0.710.980.32-0.450.80.570.830.840.670.840.320.83-0.31-0.09-0.810.350.49-0.820.29-0.83-0.42
0.250.83-0.180.83-0.610.78-0.15-0.780.390.540.480.880.590.95-0.150.810.150.01-0.790.630.27-0.810.32-0.83-0.34
0.880.34-0.180.340.080.340.970.540.550.00.47-0.140.010.030.97-0.1-0.97-0.050.09-0.170.00.10.060.10.11
0.721.00.830.34-0.70.970.32-0.420.80.540.820.840.640.840.320.82-0.32-0.14-0.790.360.49-0.80.25-0.81-0.42
-0.35-0.71-0.610.08-0.7-0.790.190.59-0.75-0.73-0.81-0.9-0.84-0.440.19-0.93-0.2-0.030.950.14-0.840.94-0.330.920.74
0.720.980.780.340.97-0.790.28-0.440.870.650.910.850.750.750.280.89-0.280.01-0.850.170.57-0.860.38-0.86-0.5
0.840.32-0.150.970.320.190.280.590.45-0.170.35-0.18-0.150.091.0-0.17-1.0-0.170.19-0.03-0.130.19-0.090.190.1
0.15-0.45-0.780.54-0.420.59-0.440.59-0.09-0.72-0.23-0.76-0.68-0.630.59-0.68-0.59-0.40.76-0.38-0.220.77-0.590.790.23
0.820.80.390.550.8-0.750.870.45-0.090.570.990.620.70.360.450.72-0.44-0.08-0.69-0.230.76-0.680.25-0.68-0.47
0.320.570.540.00.54-0.730.65-0.17-0.720.570.680.670.970.39-0.170.740.170.61-0.83-0.120.49-0.820.86-0.83-0.17
0.770.830.480.470.82-0.810.910.35-0.230.990.680.690.80.410.350.8-0.340.05-0.78-0.220.75-0.770.38-0.77-0.49
0.340.840.88-0.140.84-0.90.85-0.18-0.760.620.670.690.760.77-0.180.940.19-0.03-0.960.290.62-0.970.31-0.97-0.63
0.370.670.590.010.64-0.840.75-0.15-0.680.70.970.80.760.42-0.150.850.160.44-0.9-0.150.67-0.890.73-0.9-0.31
0.390.840.950.030.84-0.440.750.09-0.630.360.390.410.770.420.090.66-0.09-0.07-0.650.760.08-0.670.24-0.69-0.23
0.840.32-0.150.970.320.190.281.00.590.45-0.170.35-0.18-0.150.09-0.17-1.0-0.170.19-0.03-0.130.19-0.090.190.1
0.350.830.81-0.10.82-0.930.89-0.17-0.680.720.740.80.940.850.66-0.170.180.08-0.960.080.69-0.960.41-0.96-0.64
-0.84-0.310.15-0.97-0.32-0.2-0.28-1.0-0.59-0.440.17-0.340.190.16-0.09-1.00.180.16-0.20.020.14-0.20.09-0.19-0.12
-0.06-0.090.01-0.05-0.14-0.030.01-0.17-0.4-0.080.610.05-0.030.44-0.07-0.170.080.16-0.15-0.27-0.25-0.140.91-0.160.26
-0.37-0.81-0.790.09-0.790.95-0.850.190.76-0.69-0.83-0.78-0.96-0.9-0.650.19-0.96-0.2-0.15-0.1-0.71.0-0.491.00.57
-0.020.350.63-0.170.360.140.17-0.03-0.38-0.23-0.12-0.220.29-0.150.76-0.030.080.02-0.27-0.1-0.36-0.14-0.14-0.160.2
0.290.490.270.00.49-0.840.57-0.13-0.220.760.490.750.620.670.08-0.130.690.14-0.25-0.7-0.36-0.680.02-0.66-0.57
-0.37-0.82-0.810.1-0.80.94-0.860.190.77-0.68-0.82-0.77-0.97-0.89-0.670.19-0.96-0.2-0.141.0-0.14-0.68-0.481.00.56
0.20.290.320.060.25-0.330.38-0.09-0.590.250.860.380.310.730.24-0.090.410.090.91-0.49-0.140.02-0.48-0.510.13
-0.36-0.83-0.830.1-0.810.92-0.860.190.79-0.68-0.83-0.77-0.97-0.9-0.690.19-0.96-0.19-0.161.0-0.16-0.661.0-0.510.52
-0.2-0.42-0.340.11-0.420.74-0.50.10.23-0.47-0.17-0.49-0.63-0.31-0.230.1-0.64-0.120.260.570.2-0.570.560.130.52
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
Other Assets1.0(1.0)1.1M(1K)(1.2K)(1.1K)

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