Stria Cash vs Net Tangible Assets Analysis

SRA Stock

CAD 0.06 0.01 7.69%

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

Cash vs Net Tangible Assets

Cash vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stria Lithium Cash account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Stria Lithium's Cash and Net Tangible Assets is 0.85. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Stria Lithium, assuming nothing else is changed. The correlation between historical values of Stria Lithium's Cash 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 Cash of Stria Lithium 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 Cash i.e., Stria Lithium's Cash and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Cash

Cash refers to the most liquid asset of Stria Lithium, which is listed under current asset account on Stria Lithium balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Stria Lithium customers. The amounts must be unrestricted with restricted cash listed in a different Stria Lithium account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 Stria Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stria Lithium 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 Stria Lithium. 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, Stria Lithium's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 746.9 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (2.40) in 2024.

Stria Lithium fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Accounts Payable	Other Current Assets	Common Stock	Other Current Liab	Net Tangible Assets	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Inventory	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue	Short Long Term Debt	Short Term Debt
Total Assets		0.49	0.95	-0.8	-0.86	0.84	0.86	0.88	0.81	0.49	0.9	-0.05	0.46	0.93	0.71	0.96	0.63	0.63	0.87	0.49	-0.54	0.88	-0.87	0.88	-0.61	-0.7
Total Current Liabilities	0.49		0.2	-0.23	-0.37	0.18	0.02	0.11	0.0	1.0	0.1	0.71	-0.3	0.25	0.83	0.25	0.93	0.93	0.51	0.69	-0.5	0.61	-0.59	0.32	-0.48	-0.46
Total Stockholder Equity	0.95	0.2		-0.82	-0.84	0.89	0.96	0.95	0.91	0.2	0.98	-0.3	0.63	0.95	0.51	0.99	0.38	0.38	0.8	0.31	-0.43	0.77	-0.77	0.88	-0.51	-0.63
Net Debt	-0.8	-0.23	-0.82		0.51	-0.98	-0.87	-0.63	-0.81	-0.22	-0.86	0.41	-0.36	-0.64	-0.65	-0.78	-0.33	-0.33	-0.47	-0.13	0.09	-0.58	0.48	-0.62	0.18	0.34
Retained Earnings	-0.86	-0.37	-0.84	0.51		-0.58	-0.7	-0.91	-0.67	-0.37	-0.75	0.02	-0.6	-0.95	-0.46	-0.89	-0.46	-0.46	-0.86	-0.37	0.81	-0.84	0.92	-0.95	0.81	0.85
Cash	0.84	0.18	0.89	-0.98	-0.58		0.94	0.74	0.88	0.17	0.93	-0.43	0.46	0.73	0.6	0.85	0.31	0.31	0.54	0.13	-0.13	0.59	-0.53	0.69	-0.22	-0.38
Cash And Short Term Investments	0.86	0.02	0.96	-0.87	-0.7	0.94		0.9	0.95	0.01	0.99	-0.46	0.67	0.86	0.38	0.93	0.18	0.18	0.61	0.08	-0.23	0.62	-0.6	0.79	-0.31	-0.46
Common Stock Shares Outstanding	0.88	0.11	0.95	-0.63	-0.91	0.74	0.9		0.87	0.11	0.92	-0.25	0.74	0.98	0.32	0.96	0.27	0.27	0.8	0.21	-0.54	0.75	-0.79	0.91	-0.59	-0.68
Other Stockholder Equity	0.81	0.0	0.91	-0.81	-0.67	0.88	0.95	0.87		0.0	0.94	-0.4	0.65	0.82	0.33	0.88	0.17	0.17	0.61	0.05	-0.23	0.6	-0.57	0.75	-0.31	-0.43
Total Liab	0.49	1.0	0.2	-0.22	-0.37	0.17	0.01	0.11	0.0		0.09	0.71	-0.31	0.25	0.83	0.24	0.93	0.93	0.52	0.7	-0.51	0.61	-0.59	0.32	-0.48	-0.47
Total Current Assets	0.9	0.1	0.98	-0.86	-0.75	0.93	0.99	0.92	0.94	0.09		-0.39	0.65	0.89	0.44	0.96	0.26	0.26	0.68	0.19	-0.29	0.69	-0.67	0.82	-0.37	-0.51
Accounts Payable	-0.05	0.71	-0.3	0.41	0.02	-0.43	-0.46	-0.25	-0.4	0.71	-0.39		-0.51	-0.17	0.22	-0.26	0.59	0.59	0.2	0.52	-0.3	0.24	-0.23	-0.12	-0.25	-0.15
Other Current Assets	0.46	-0.3	0.63	-0.36	-0.6	0.46	0.67	0.74	0.65	-0.31	0.65	-0.51		0.67	-0.05	0.63	-0.2	-0.2	0.3	-0.28	-0.33	0.3	-0.43	0.68	-0.38	-0.47
Common Stock	0.93	0.25	0.95	-0.64	-0.95	0.73	0.86	0.98	0.82	0.25	0.89	-0.17	0.67		0.45	0.98	0.42	0.41	0.86	0.36	-0.65	0.81	-0.88	0.95	-0.69	-0.77
Other Current Liab	0.71	0.83	0.51	-0.65	-0.46	0.6	0.38	0.32	0.33	0.83	0.44	0.22	-0.05	0.45		0.52	0.86	0.86	0.54	0.58	-0.39	0.61	-0.6	0.49	-0.42	-0.48
Net Tangible Assets	0.96	0.25	0.99	-0.78	-0.89	0.85	0.93	0.96	0.88	0.24	0.96	-0.26	0.63	0.98	0.52		0.41	0.41	0.82	0.33	-0.51	0.8	-0.82	0.91	-0.57	-0.68
Property Plant And Equipment Net	0.63	0.93	0.38	-0.33	-0.46	0.31	0.18	0.27	0.17	0.93	0.26	0.59	-0.2	0.42	0.86	0.41		1.0	0.7	0.79	-0.54	0.67	-0.69	0.44	-0.58	-0.55
Non Current Assets Total	0.63	0.93	0.38	-0.33	-0.46	0.31	0.18	0.27	0.17	0.93	0.26	0.59	-0.2	0.41	0.86	0.41	1.0		0.7	0.79	-0.54	0.67	-0.69	0.43	-0.57	-0.54
Non Currrent Assets Other	0.87	0.51	0.8	-0.47	-0.86	0.54	0.61	0.8	0.61	0.52	0.68	0.2	0.3	0.86	0.54	0.82	0.7	0.7		0.66	-0.69	0.89	-0.89	0.78	-0.74	-0.72
Net Receivables	0.49	0.69	0.31	-0.13	-0.37	0.13	0.08	0.21	0.05	0.7	0.19	0.52	-0.28	0.36	0.58	0.33	0.79	0.79	0.66		-0.47	0.57	-0.59	0.26	-0.49	-0.43
Inventory	-0.54	-0.5	-0.43	0.09	0.81	-0.13	-0.23	-0.54	-0.23	-0.51	-0.29	-0.3	-0.33	-0.65	-0.39	-0.51	-0.54	-0.54	-0.69	-0.47		-0.64	0.83	-0.75	0.95	0.9
Property Plant Equipment	0.88	0.61	0.77	-0.58	-0.84	0.59	0.62	0.75	0.6	0.61	0.69	0.24	0.3	0.81	0.61	0.8	0.67	0.67	0.89	0.57	-0.64		-0.89	0.78	-0.68	-0.72
Short Long Term Debt Total	-0.87	-0.59	-0.77	0.48	0.92	-0.53	-0.6	-0.79	-0.57	-0.59	-0.67	-0.23	-0.43	-0.88	-0.6	-0.82	-0.69	-0.69	-0.89	-0.59	0.83	-0.89		-0.91	0.89	0.93
Current Deferred Revenue	0.88	0.32	0.88	-0.62	-0.95	0.69	0.79	0.91	0.75	0.32	0.82	-0.12	0.68	0.95	0.49	0.91	0.44	0.43	0.78	0.26	-0.75	0.78	-0.91		-0.8	-0.89
Short Long Term Debt	-0.61	-0.48	-0.51	0.18	0.81	-0.22	-0.31	-0.59	-0.31	-0.48	-0.37	-0.25	-0.38	-0.69	-0.42	-0.57	-0.58	-0.57	-0.74	-0.49	0.95	-0.68	0.89	-0.8		0.95
Short Term Debt	-0.7	-0.46	-0.63	0.34	0.85	-0.38	-0.46	-0.68	-0.43	-0.47	-0.51	-0.15	-0.47	-0.77	-0.48	-0.68	-0.55	-0.54	-0.72	-0.43	0.9	-0.72	0.93	-0.89	0.95

Click cells to compare fundamentals

Stria Lithium Account Relationship Matchups

Stria Lithium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8M	3.7M	5.2M	3.9M	4.5M	4.7M
Total Current Liabilities	1.6M	1.1M	1.5M	217.6K	250.3K	237.8K
Total Stockholder Equity	1.2M	2.5M	3.7M	3.7M	4.2M	4.4M
Net Debt	(184.1K)	(1.1M)	(2.7M)	(1.7M)	(1.5M)	(1.4M)
Retained Earnings	(3.2M)	(3.7M)	(5.0M)	(6.2M)	(5.6M)	(5.3M)
Cash	194.1K	1.1M	2.7M	1.7M	1.9M	2.0M
Cash And Short Term Investments	194.1K	1.1M	2.7M	3.0M	3.4M	3.6M
Common Stock Shares Outstanding	7.2M	9.3M	16.3M	25.2M	29.0M	30.5M
Liabilities And Stockholders Equity	2.8M	3.7M	5.2M	3.9M	4.5M	4.7M
Other Stockholder Equity	541.4K	630.7K	1.9M	2.1M	2.4M	2.5M
Total Liab	1.6M	1.1M	1.5M	217.6K	250.3K	237.8K
Total Current Assets	555.2K	1.7M	3.0M	3.2M	3.7M	3.8M
Accounts Payable	1.1M	343.5K	147.3K	176.39	202.85	192.71
Accumulated Other Comprehensive Income	192.1K	108.4K	10.1K	2.1K	1.9K	1.8K
Other Current Liab	518.4K	765.9K	1.4M	176.4K	202.8K	378.7K
Net Tangible Assets	1.1M	1.2M	2.5M	3.7M	4.2M	4.4M
Property Plant And Equipment Net	2.2M	1.9M	2.2M	712.5K	819.4K	1.3M
Non Current Assets Total	2.2M	1.9M	2.2M	712.5K	819.4K	1.3M
Net Receivables	359.8K	626.8K	207.9K	117.2K	134.7K	217.6K
Property Plant Equipment	1.4M	2.2M	1.9M	2.2M	2.6M	1.4M
Current Deferred Revenue	(28.5K)	(6.6K)	(765.88)	41.3K	47.4K	49.8K
Short Term Debt	28.5K	6.6K	765.88	(176.39)	(158.75)	(150.81)
Net Invested Capital	1.2M	2.5M	3.7M	3.7M	4.2M	2.2M
Net Working Capital	(1.1M)	624.8K	1.4M	3.0M	3.4M	3.6M

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 Stria Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC