Stryve Total Current Liabilities vs Accounts Payable 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 Total Current Liabilities and its Accounts Payable 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.
Total Current Liabilities vs Accounts Payable
Total Current Liabilities vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stryve Foods Total Current Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Stryve Foods' Total Current Liabilities and Accounts Payable is 0.78. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Accounts Payable 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' Total Current Liabilities and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Stryve Foods are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Current Liabilities i.e., Stryve Foods' Total Current Liabilities and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.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.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
Click cells to compare fundamentals
Stryve Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stryve Foods fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 110.5M | 26.2M | 36.8M | 39.6M | 32.7M | 33.8M | |
Short Long Term Debt Total | 20.7M | 30.0M | 15.3M | 18.3M | 24.0M | 14.9M | |
Total Current Liabilities | 5.7K | 31.7M | 11.8M | 7.1M | 15.8M | 9.2M | |
Total Stockholder Equity | 110.5M | (9.3M) | 16.4M | 16.4M | 1.6M | 1.5M | |
Net Debt | 20.4M | 29.4M | 13.1M | 17.7M | 23.6M | 14.3M | |
Retained Earnings | 1.7M | (52.1M) | (84.1M) | (117.3M) | (136.3M) | (129.5M) | |
Accounts Payable | 3.1M | 3.8M | 3.1M | 3.0M | 4.5M | 2.4M | |
Common Stock Shares Outstanding | 3.4M | 1.3M | 1.3M | 2.1M | 2.2M | 1.8M | |
Liabilities And Stockholders Equity | 110.5M | 26.2M | 36.8M | 39.6M | 32.7M | 33.8M | |
Non Current Liabilities Total | 14.7M | 3.9M | 8.5M | 16.0M | 15.3M | 8.1M | |
Other Current Assets | 8.1K | 778.2K | 2.5M | 1.6M | 720.7K | 794.5K | |
Other Stockholder Equity | 108.8M | 42.8M | 100.6M | 133.7M | 137.9M | 72.0M | |
Total Liab | 5.7K | 35.6M | 20.3M | 23.1M | 31.1M | 32.7M | |
Total Current Assets | 360.6K | 5.4M | 15.0M | 12.9M | 8.4M | 5.8M | |
Short Term Debt | 6.1M | 26.1M | 7.1M | 2.3M | 8.6M | 6.9M | |
Common Stock | 105.5M | 1.0K | 2.0K | 3K | 262.0 | 248.9 | |
Other Current Liab | 5.7K | 1.7M | 1.6M | 1.6M | 2.6M | 1.4M | |
Other Assets | 1.0 | (1.0) | 1.1M | (1K) | (1.2K) | (1.1K) |
Also Currently Popular
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.Additional Tools for Stryve Stock Analysis
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.