Strickland Total Liab vs Net Debt Analysis

STK Stock

0.08 0 1.28%

Strickland Metals financial indicator trend analysis is much more than just breaking down Strickland Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Strickland Metals is a good investment. Please check the relationship between Strickland Metals Total Liab and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Strickland Metals. 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.

Total Liab vs Net Debt

Total Liab vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Strickland Metals Total Liab account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Strickland Metals' Total Liab and Net Debt is -0.92. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Debt in the same time period over historical financial statements of Strickland Metals, assuming nothing else is changed. The correlation between historical values of Strickland Metals' Total Liab and Net Debt 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 Liab of Strickland Metals are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Liab i.e., Strickland Metals' Total Liab and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

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Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Strickland Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Strickland Metals 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 Strickland Metals. 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 is likely to gain to about 2.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 10.2 M in 2024.

Strickland Metals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Inventory	Other Stockholder Equity	Other Assets	Cash And Equivalents	Property Plant Equipment	Net Tangible Assets
Total Assets		-0.83	0.35	0.93	1.0	0.94	-0.91	0.25	0.98	0.91	0.98	0.56	0.91	0.88	0.95	0.52	1.0	0.95	0.17	0.96	-0.64	0.09	0.95	0.44	0.85	0.97
Short Long Term Debt Total	-0.83		-0.37	-0.73	-0.83	-0.73	0.73	-0.11	-0.76	-0.72	-0.79	-0.21	-0.72	-0.66	-0.8	-0.53	-0.83	-0.82	0.3	-0.83	0.7	0.12	-0.77	-0.2	-0.64	-0.81
Other Current Liab	0.35	-0.37		0.63	0.35	0.3	0.01	-0.48	0.28	0.0	0.21	0.28	0.0	0.69	0.49	0.98	0.34	0.56	0.06	0.49	-0.65	-0.09	0.47	0.12	0.38	0.49
Total Current Liabilities	0.93	-0.73	0.63		0.93	0.91	-0.7	-0.02	0.91	0.71	0.87	0.61	0.71	0.97	0.95	0.75	0.91	0.94	0.24	0.96	-0.74	0.17	0.96	0.52	0.89	0.97
Total Stockholder Equity	1.0	-0.83	0.35	0.93		0.94	-0.9	0.24	0.98	0.91	0.98	0.56	0.91	0.88	0.95	0.52	1.0	0.95	0.16	0.97	-0.65	0.1	0.95	0.45	0.86	0.98
Property Plant And Equipment Net	0.94	-0.73	0.3	0.91	0.94		-0.79	0.04	0.98	0.79	0.97	0.59	0.79	0.82	0.96	0.43	0.92	0.81	0.11	0.96	-0.61	0.41	0.97	0.67	0.97	0.96
Net Debt	-0.91	0.73	0.01	-0.7	-0.9	-0.79		-0.59	-0.87	-1.0	-0.91	-0.48	-1.0	-0.66	-0.75	-0.2	-0.92	-0.82	-0.25	-0.77	0.41	0.08	-0.75	-0.26	-0.63	-0.79
Retained Earnings	0.25	-0.11	-0.48	-0.02	0.24	0.04	-0.59		0.19	0.59	0.24	0.01	0.59	-0.01	-0.05	-0.32	0.31	0.24	0.41	-0.02	0.36	-0.52	-0.02	-0.26	-0.18	0.04
Accounts Payable	0.98	-0.76	0.28	0.91	0.98	0.98	-0.87	0.19		0.88	0.99	0.57	0.88	0.84	0.94	0.43	0.97	0.87	0.18	0.96	-0.61	0.26	0.97	0.59	0.92	0.97
Cash	0.91	-0.72	0.0	0.71	0.91	0.79	-1.0	0.59	0.88		0.91	0.48	1.0	0.67	0.76	0.21	0.93	0.83	0.25	0.78	-0.41	-0.07	0.75	0.26	0.63	0.79
Non Current Assets Total	0.98	-0.79	0.21	0.87	0.98	0.97	-0.91	0.24	0.99	0.91		0.55	0.91	0.8	0.93	0.38	0.97	0.86	0.12	0.95	-0.58	0.23	0.94	0.53	0.89	0.95
Non Currrent Assets Other	0.56	-0.21	0.28	0.61	0.56	0.59	-0.48	0.01	0.57	0.48	0.55		0.48	0.65	0.63	0.32	0.55	0.53	0.57	0.57	-0.41	0.29	0.57	0.24	0.59	0.57
Cash And Short Term Investments	0.91	-0.72	0.0	0.71	0.91	0.79	-1.0	0.59	0.88	1.0	0.91	0.48		0.67	0.76	0.21	0.93	0.83	0.25	0.78	-0.41	-0.07	0.75	0.26	0.63	0.79
Net Receivables	0.88	-0.66	0.69	0.97	0.88	0.82	-0.66	-0.01	0.84	0.67	0.8	0.65	0.67		0.91	0.79	0.87	0.93	0.34	0.9	-0.72	0.11	0.88	0.44	0.8	0.92
Common Stock Shares Outstanding	0.95	-0.8	0.49	0.95	0.95	0.96	-0.75	-0.05	0.94	0.76	0.93	0.63	0.76	0.91		0.61	0.92	0.89	0.08	0.99	-0.75	0.29	0.96	0.54	0.93	0.98
Other Current Assets	0.52	-0.53	0.98	0.75	0.52	0.43	-0.2	-0.32	0.43	0.21	0.38	0.32	0.21	0.79	0.61		0.51	0.72	0.08	0.62	-0.71	-0.15	0.6	0.14	0.47	0.63
Total Liab	1.0	-0.83	0.34	0.91	1.0	0.92	-0.92	0.31	0.97	0.93	0.97	0.55	0.93	0.87	0.92	0.51		0.96	0.19	0.94	-0.63	0.02	0.93	0.39	0.81	0.96
Total Current Assets	0.95	-0.82	0.56	0.94	0.95	0.81	-0.82	0.24	0.87	0.83	0.86	0.53	0.83	0.93	0.89	0.72	0.96		0.23	0.91	-0.7	-0.14	0.88	0.27	0.72	0.93
Short Term Debt	0.17	0.3	0.06	0.24	0.16	0.11	-0.25	0.41	0.18	0.25	0.12	0.57	0.25	0.34	0.08	0.08	0.19	0.23		0.05	0.17	-0.02	0.1	0.13	0.08	0.12
Common Stock	0.96	-0.83	0.49	0.96	0.97	0.96	-0.77	-0.02	0.96	0.78	0.95	0.57	0.78	0.9	0.99	0.62	0.94	0.91	0.05		-0.77	0.23	0.98	0.52	0.92	0.99
Inventory	-0.64	0.7	-0.65	-0.74	-0.65	-0.61	0.41	0.36	-0.61	-0.41	-0.58	-0.41	-0.41	-0.72	-0.75	-0.71	-0.63	-0.7	0.17	-0.77		-0.06	-0.72	-0.18	-0.64	-0.72
Other Stockholder Equity	0.09	0.12	-0.09	0.17	0.1	0.41	0.08	-0.52	0.26	-0.07	0.23	0.29	-0.07	0.11	0.29	-0.15	0.02	-0.14	-0.02	0.23	-0.06		0.29	0.81	0.56	0.21
Other Assets	0.95	-0.77	0.47	0.96	0.95	0.97	-0.75	-0.02	0.97	0.75	0.94	0.57	0.75	0.88	0.96	0.6	0.93	0.88	0.1	0.98	-0.72	0.29		0.6	0.95	0.99
Cash And Equivalents	0.44	-0.2	0.12	0.52	0.45	0.67	-0.26	-0.26	0.59	0.26	0.53	0.24	0.26	0.44	0.54	0.14	0.39	0.27	0.13	0.52	-0.18	0.81	0.6		0.77	0.55
Property Plant Equipment	0.85	-0.64	0.38	0.89	0.86	0.97	-0.63	-0.18	0.92	0.63	0.89	0.59	0.63	0.8	0.93	0.47	0.81	0.72	0.08	0.92	-0.64	0.56	0.95	0.77		0.92
Net Tangible Assets	0.97	-0.81	0.49	0.97	0.98	0.96	-0.79	0.04	0.97	0.79	0.95	0.57	0.79	0.92	0.98	0.63	0.96	0.93	0.12	0.99	-0.72	0.21	0.99	0.55	0.92

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Strickland Metals Account Relationship Matchups

Strickland Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.6M	12.5M	39.6M	50.6M	86.9M	91.3M
Other Current Liab	103.2K	118.6K	105.5K	2.1M	174.8K	247.1K
Total Current Liabilities	425.2K	452.6K	2.2M	3.6M	3.1M	3.2M
Total Stockholder Equity	7.2M	12.0M	37.0M	46.7M	79.6M	83.6M
Property Plant And Equipment Net	7.0M	10.8M	35.1M	22.5M	36.7M	38.5M
Net Debt	(529.2K)	(1.5M)	(3.7M)	(1.4M)	(24.3M)	(23.1M)
Retained Earnings	(16.1M)	(20.0M)	(24.2M)	(26.7M)	(611.5K)	(642.0K)
Accounts Payable	322.1K	334.1K	2.0M	1.4M	2.8M	3.0M
Cash	529.2K	1.5M	4.1M	1.7M	24.5M	25.7M
Non Current Assets Total	7.1M	10.8M	35.2M	22.6M	56.3M	59.1M
Cash And Short Term Investments	529.2K	1.5M	4.1M	1.7M	24.5M	25.7M
Net Receivables	34.6K	172.6K	242.7K	605.3K	447.6K	470.0K
Common Stock Shares Outstanding	335.4M	735.3M	1.2B	1.5B	1.7B	1.7B
Liabilities And Stockholders Equity	7.6M	12.5M	39.6M	50.6M	86.9M	91.3M
Other Current Assets	2.5K	16.8K	21.5K	25.7M	5.7M	5.9M
Total Liab	425.2K	452.6K	2.5M	3.9M	7.3M	7.7M
Total Current Assets	566.3K	1.7M	4.3M	28.0M	30.6M	32.1M
Common Stock	23.0M	29.7M	56.3M	68.7M	77.5M	81.3M
Accumulated Other Comprehensive Income	297.8K	2.3M	4.9M	4.8M	2.8M	2.9M
Cash And Equivalents	529.2K	1.5M	4.1M	1.7M	2.0M	1.6M
Property Plant Equipment	7.0M	10.8M	35.1M	22.5M	25.9M	27.2M
Net Tangible Assets	7.2M	12.0M	37.0M	46.7M	53.7M	56.4M
Net Invested Capital	7.2M	12.0M	37.0M	46.7M	53.7M	56.4M
Net Working Capital	141.1K	1.2M	2.1M	24.4M	28.0M	29.4M
Capital Stock	23.0M	29.7M	56.3M	68.7M	78.9M	43.6M

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