Source Retained Earnings vs Accounts Payable 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 Retained Earnings and its Accounts Payable 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.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Source Rock Royalties Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.

The correlation between Source Rock's Retained Earnings and Accounts Payable is -0.8. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable 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 Retained Earnings 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 Retained Earnings of Source Rock Royalties 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 Retained Earnings i.e., Source Rock's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.8

Relationship Direction	Negative
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Source Rock 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 Source Rock Royalties 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 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 Income	956.0	286.6K	431.4K	452.9K
Net Interest Income	956.0	286.6K	431.4K	452.9K

Interest Income Net Interest Income

Source Rock fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock	Net Working Capital	Other Current Assets	Other Assets	Other Stockholder Equity
Other Current Liab		0.56	-0.68	0.79	-0.81	0.85	0.91	0.62	-0.49	-0.71	0.93	0.93	0.67	0.47	0.68	0.88	-0.91	0.11	0.93	0.85	-0.18	0.54	-0.8	-0.8	-0.8
Total Current Liabilities	0.56		-0.42	0.43	-0.4	0.07	0.58	0.95	-0.3	-0.38	0.64	0.62	-0.17	0.92	-0.15	0.38	-0.63	0.85	0.62	0.13	-0.3	0.93	-0.09	-0.09	-0.09
Other Liab	-0.68	-0.42		-0.37	0.97	-0.64	-0.71	-0.52	0.72	0.99	-0.69	-0.69	-0.36	-0.45	-0.38	-0.63	0.88	-0.2	-0.69	-0.62	0.58	-0.5	0.55	0.55	0.55
Net Tangible Assets	0.79	0.43	-0.37		-0.46	0.59	0.82	0.54	0.0	-0.37	0.88	0.9	0.75	0.51	0.76	0.47	-0.62	0.07	0.9	0.83	0.17	0.55	-0.41	-0.41	-0.41
Retained Earnings	-0.81	-0.4	0.97	-0.46		-0.8	-0.78	-0.49	0.74	0.98	-0.75	-0.75	-0.5	-0.37	-0.51	-0.78	0.93	-0.09	-0.75	-0.73	0.51	-0.44	0.72	0.72	0.72
Accounts Payable	0.85	0.07	-0.64	0.59	-0.8		0.72	0.16	-0.51	-0.7	0.69	0.71	0.84	-0.01	0.84	0.88	-0.75	-0.37	0.71	0.9	-0.15	0.07	-0.95	-0.95	-0.95
Net Receivables	0.91	0.58	-0.71	0.82	-0.78	0.72		0.6	-0.57	-0.74	0.88	0.89	0.64	0.52	0.65	0.63	-0.93	0.13	0.89	0.85	-0.4	0.57	-0.56	-0.56	-0.56
Total Current Assets	0.62	0.95	-0.52	0.54	-0.49	0.16	0.6		-0.18	-0.46	0.77	0.74	-0.03	0.98	-0.01	0.44	-0.65	0.84	0.74	0.25	-0.14	0.99	-0.15	-0.15	-0.15
Common Stock	-0.49	-0.3	0.72	0.0	0.74	-0.51	-0.57	-0.18		0.78	-0.28	-0.28	-0.13	-0.08	-0.13	-0.49	0.74	0.0	-0.28	-0.37	0.91	-0.12	0.5	0.5	0.5
Property Plant Equipment	-0.71	-0.38	0.99	-0.37	0.98	-0.7	-0.74	-0.46	0.78		-0.67	-0.67	-0.41	-0.37	-0.42	-0.66	0.9	-0.12	-0.67	-0.65	0.62	-0.43	0.61	0.61	0.61
Total Assets	0.93	0.64	-0.69	0.88	-0.75	0.69	0.88	0.77	-0.28	-0.67		1.0	0.61	0.69	0.63	0.73	-0.85	0.3	1.0	0.8	-0.05	0.74	-0.59	-0.59	-0.59
Total Stockholder Equity	0.93	0.62	-0.69	0.9	-0.75	0.71	0.89	0.74	-0.28	-0.67	1.0		0.64	0.66	0.66	0.73	-0.85	0.26	1.0	0.83	-0.05	0.71	-0.6	-0.6	-0.6
Property Plant And Equipment Net	0.67	-0.17	-0.36	0.75	-0.5	0.84	0.64	-0.03	-0.13	-0.41	0.61	0.64		-0.12	1.0	0.53	-0.48	-0.56	0.64	0.94	0.15	-0.05	-0.67	-0.67	-0.67
Cash	0.47	0.92	-0.45	0.51	-0.37	-0.01	0.52	0.98	-0.08	-0.37	0.69	0.66	-0.12		-0.1	0.25	-0.54	0.89	0.66	0.15	-0.12	1.0	0.05	0.05	0.05
Non Current Assets Total	0.68	-0.15	-0.38	0.76	-0.51	0.84	0.65	-0.01	-0.13	-0.42	0.63	0.66	1.0	-0.1		0.54	-0.5	-0.54	0.66	0.94	0.15	-0.03	-0.67	-0.67	-0.67
Common Stock Shares Outstanding	0.88	0.38	-0.63	0.47	-0.78	0.88	0.63	0.44	-0.49	-0.66	0.73	0.73	0.53	0.25	0.54		-0.77	0.0	0.73	0.68	-0.11	0.31	-0.95	-0.95	-0.95
Non Current Liabilities Total	-0.91	-0.63	0.88	-0.62	0.93	-0.75	-0.93	-0.65	0.74	0.9	-0.85	-0.85	-0.48	-0.54	-0.5	-0.77		-0.23	-0.85	-0.75	0.54	-0.6	0.67	0.67	0.67
Total Liab	0.11	0.85	-0.2	0.07	-0.09	-0.37	0.13	0.84	0.0	-0.12	0.3	0.26	-0.56	0.89	-0.54	0.0	-0.23		0.26	-0.31	-0.14	0.86	0.32	0.32	0.32
Net Invested Capital	0.93	0.62	-0.69	0.9	-0.75	0.71	0.89	0.74	-0.28	-0.67	1.0	1.0	0.64	0.66	0.66	0.73	-0.85	0.26		0.83	-0.05	0.71	-0.6	-0.6	-0.6
Property Plant And Equipment Gross	0.85	0.13	-0.62	0.83	-0.73	0.9	0.85	0.25	-0.37	-0.65	0.8	0.83	0.94	0.15	0.94	0.68	-0.75	-0.31	0.83		-0.09	0.22	-0.73	-0.73	-0.73
Capital Stock	-0.18	-0.3	0.58	0.17	0.51	-0.15	-0.4	-0.14	0.91	0.62	-0.05	-0.05	0.15	-0.12	0.15	-0.11	0.54	-0.14	-0.05	-0.09		-0.14	0.09	0.09	0.09
Net Working Capital	0.54	0.93	-0.5	0.55	-0.44	0.07	0.57	0.99	-0.12	-0.43	0.74	0.71	-0.05	1.0	-0.03	0.31	-0.6	0.86	0.71	0.22	-0.14		-0.02	-0.02	-0.02
Other Current Assets	-0.8	-0.09	0.55	-0.41	0.72	-0.95	-0.56	-0.15	0.5	0.61	-0.59	-0.6	-0.67	0.05	-0.67	-0.95	0.67	0.32	-0.6	-0.73	0.09	-0.02		1.0	1.0
Other Assets	-0.8	-0.09	0.55	-0.41	0.72	-0.95	-0.56	-0.15	0.5	0.61	-0.59	-0.6	-0.67	0.05	-0.67	-0.95	0.67	0.32	-0.6	-0.73	0.09	-0.02	1.0		1.0
Other Stockholder Equity	-0.8	-0.09	0.55	-0.41	0.72	-0.95	-0.56	-0.15	0.5	0.61	-0.59	-0.6	-0.67	0.05	-0.67	-0.95	0.67	0.32	-0.6	-0.73	0.09	-0.02	1.0	1.0

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Source Retained Earnings vs Accounts Payable Analysis

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

Correlation Coefficient

Retained Earnings

Accounts Payable

Source Rock fundamental ratios Correlations

Source Rock Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Working Capital	+ 1.0	Cash
Other Assets	+ 1.0	Other Current Assets

Other Stockholder Equity	- 0.95	Common Stock Shares Outstanding
Other Assets	- 0.95	Common Stock Shares Outstanding
Other Current Assets	- 0.95	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.95	Accounts Payable
Other Assets	- 0.95	Accounts Payable
Other Current Assets	- 0.95	Accounts Payable