Source Net Receivables vs Net Tangible Assets Analysis

SRR Stock   0.88  0.01  1.15%   
Source Rock financial indicator trend analysis is much more than just breaking down Source Rock Royalties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Source Rock Royalties is a good investment. Please check the relationship between Source Rock Net Receivables and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Source Rock Royalties. 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.

Net Receivables vs Net Tangible Assets

Net Receivables vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Source Rock Royalties Net Receivables account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Source Rock's Net Receivables and Net Tangible Assets is 0.82. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Source Rock Royalties, assuming nothing else is changed. The correlation between historical values of Source Rock's Net Receivables and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Source Rock Royalties are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Receivables i.e., Source Rock's Net Receivables and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Source Rock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Source Rock Royalties 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 Source Rock Royalties. 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.
At this time, Source Rock's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income956.0286.6K431.4K452.9K
Net Interest Income956.0286.6K431.4K452.9K

Source Rock fundamental ratios Correlations

0.56-0.680.79-0.810.850.910.62-0.49-0.710.930.930.670.470.680.88-0.910.110.930.85-0.180.54-0.8-0.8-0.8
0.56-0.420.43-0.40.070.580.95-0.3-0.380.640.62-0.170.92-0.150.38-0.630.850.620.13-0.30.93-0.09-0.09-0.09
-0.68-0.42-0.370.97-0.64-0.71-0.520.720.99-0.69-0.69-0.36-0.45-0.38-0.630.88-0.2-0.69-0.620.58-0.50.550.550.55
0.790.43-0.37-0.460.590.820.540.0-0.370.880.90.750.510.760.47-0.620.070.90.830.170.55-0.41-0.41-0.41
-0.81-0.40.97-0.46-0.8-0.78-0.490.740.98-0.75-0.75-0.5-0.37-0.51-0.780.93-0.09-0.75-0.730.51-0.440.720.720.72
0.850.07-0.640.59-0.80.720.16-0.51-0.70.690.710.84-0.010.840.88-0.75-0.370.710.9-0.150.07-0.95-0.95-0.95
0.910.58-0.710.82-0.780.720.6-0.57-0.740.880.890.640.520.650.63-0.930.130.890.85-0.40.57-0.56-0.56-0.56
0.620.95-0.520.54-0.490.160.6-0.18-0.460.770.74-0.030.98-0.010.44-0.650.840.740.25-0.140.99-0.15-0.15-0.15
-0.49-0.30.720.00.74-0.51-0.57-0.180.78-0.28-0.28-0.13-0.08-0.13-0.490.740.0-0.28-0.370.91-0.120.50.50.5
-0.71-0.380.99-0.370.98-0.7-0.74-0.460.78-0.67-0.67-0.41-0.37-0.42-0.660.9-0.12-0.67-0.650.62-0.430.610.610.61
0.930.64-0.690.88-0.750.690.880.77-0.28-0.671.00.610.690.630.73-0.850.31.00.8-0.050.74-0.59-0.59-0.59
0.930.62-0.690.9-0.750.710.890.74-0.28-0.671.00.640.660.660.73-0.850.261.00.83-0.050.71-0.6-0.6-0.6
0.67-0.17-0.360.75-0.50.840.64-0.03-0.13-0.410.610.64-0.121.00.53-0.48-0.560.640.940.15-0.05-0.67-0.67-0.67
0.470.92-0.450.51-0.37-0.010.520.98-0.08-0.370.690.66-0.12-0.10.25-0.540.890.660.15-0.121.00.050.050.05
0.68-0.15-0.380.76-0.510.840.65-0.01-0.13-0.420.630.661.0-0.10.54-0.5-0.540.660.940.15-0.03-0.67-0.67-0.67
0.880.38-0.630.47-0.780.880.630.44-0.49-0.660.730.730.530.250.54-0.770.00.730.68-0.110.31-0.95-0.95-0.95
-0.91-0.630.88-0.620.93-0.75-0.93-0.650.740.9-0.85-0.85-0.48-0.54-0.5-0.77-0.23-0.85-0.750.54-0.60.670.670.67
0.110.85-0.20.07-0.09-0.370.130.840.0-0.120.30.26-0.560.89-0.540.0-0.230.26-0.31-0.140.860.320.320.32
0.930.62-0.690.9-0.750.710.890.74-0.28-0.671.01.00.640.660.660.73-0.850.260.83-0.050.71-0.6-0.6-0.6
0.850.13-0.620.83-0.730.90.850.25-0.37-0.650.80.830.940.150.940.68-0.75-0.310.83-0.090.22-0.73-0.73-0.73
-0.18-0.30.580.170.51-0.15-0.4-0.140.910.62-0.05-0.050.15-0.120.15-0.110.54-0.14-0.05-0.09-0.140.090.090.09
0.540.93-0.50.55-0.440.070.570.99-0.12-0.430.740.71-0.051.0-0.030.31-0.60.860.710.22-0.14-0.02-0.02-0.02
-0.8-0.090.55-0.410.72-0.95-0.56-0.150.50.61-0.59-0.6-0.670.05-0.67-0.950.670.32-0.6-0.730.09-0.021.01.0
-0.8-0.090.55-0.410.72-0.95-0.56-0.150.50.61-0.59-0.6-0.670.05-0.67-0.950.670.32-0.6-0.730.09-0.021.01.0
-0.8-0.090.55-0.410.72-0.95-0.56-0.150.50.61-0.59-0.6-0.670.05-0.67-0.950.670.32-0.6-0.730.09-0.021.01.0
Click cells to compare fundamentals

Source Rock Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Source Stock Analysis

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