Stryve Accounts Payable vs Other Current Liab Analysis

SNAX Stock  USD 0.76  0.02  2.70%   
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 Other Current Liab 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 Other Current Liab

Accounts Payable vs Other Current Liab 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 Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Stryve Foods' Accounts Payable and Other Current Liab is 0.89. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab 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 Other Current Liab 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 Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Stryve Foods' Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Other Current Liab

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
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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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