Sitio Selling And Marketing Expenses vs Operating Income Analysis

STR Stock  USD 23.53  0.21  0.90%   
Sitio Royalties financial indicator trend analysis is much more than just breaking down Sitio Royalties Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sitio Royalties Corp is a good investment. Please check the relationship between Sitio Royalties Selling And Marketing Expenses and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sitio Royalties Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Selling And Marketing Expenses vs Operating Income

Selling And Marketing Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sitio Royalties Corp Selling And Marketing Expenses account and Operating Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Sitio Royalties' Selling And Marketing Expenses and Operating Income is 0.14. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Sitio Royalties Corp, assuming nothing else is changed. The correlation between historical values of Sitio Royalties' Selling And Marketing Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Sitio Royalties Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Selling And Marketing Expenses i.e., Sitio Royalties' Selling And Marketing Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling And Marketing Expenses

Operating Income

Operating Income is the amount of profit realized from Sitio Royalties Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Sitio Royalties Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Sitio Royalties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sitio Royalties Corp 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 Sitio Royalties Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, Sitio Royalties' Selling General Administrative is relatively stable compared to the past year. As of 05/17/2024, Tax Provision is likely to grow to about 7.7 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Total Revenue120.6M369.6M593.4M967.3M
Depreciation And Amortization50.2M130.1M291.3M164.8M

Sitio Royalties fundamental ratios Correlations

0.890.60.610.980.930.580.890.520.570.780.930.70.880.060.590.140.850.80.760.820.39-0.320.50.36-0.06
0.890.80.770.80.810.81.00.620.650.690.820.660.69-0.250.550.080.980.890.960.870.45-0.250.670.090.26
0.60.80.980.470.450.970.80.890.760.710.470.730.44-0.070.70.170.830.90.880.870.72-0.240.87-0.410.08
0.610.770.980.490.460.970.770.930.830.690.470.740.510.060.780.170.780.890.840.880.78-0.370.9-0.42-0.05
0.980.80.470.490.950.440.790.40.460.760.950.670.910.130.550.120.760.70.660.760.32-0.320.380.51-0.14
0.930.810.450.460.950.430.810.320.40.71.00.660.90.010.50.060.770.660.720.780.29-0.340.320.59-0.02
0.580.80.970.970.440.430.80.90.810.650.440.70.44-0.080.710.160.80.890.880.850.69-0.330.9-0.440.09
0.891.00.80.770.790.810.80.620.650.690.810.650.69-0.260.540.070.980.890.960.860.45-0.250.670.090.26
0.520.620.890.930.40.320.90.620.920.680.340.790.50.320.870.360.650.820.680.820.62-0.530.92-0.55-0.31
0.570.650.760.830.460.40.810.650.920.550.420.740.620.340.890.370.640.740.670.80.44-0.750.89-0.42-0.33
0.780.690.710.690.760.70.650.690.680.550.70.850.680.260.680.270.740.810.650.820.46-0.210.590.06-0.24
0.930.820.470.470.951.00.440.810.340.420.70.670.90.010.510.070.780.670.730.790.29-0.350.340.57-0.02
0.70.660.730.740.670.660.70.650.790.740.850.670.730.380.840.580.730.740.680.880.39-0.540.69-0.04-0.37
0.880.690.440.510.910.90.440.690.50.620.680.90.730.370.730.170.630.650.60.810.33-0.650.450.42-0.38
0.06-0.25-0.070.060.130.01-0.08-0.260.320.340.260.010.380.370.580.39-0.25-0.02-0.310.140.08-0.580.13-0.07-1.0
0.590.550.70.780.550.50.710.540.870.890.680.510.840.730.580.360.540.650.560.830.5-0.750.77-0.23-0.58
0.140.080.170.170.120.060.160.070.360.370.270.070.580.170.390.360.240.140.070.2-0.13-0.320.2-0.18-0.38
0.850.980.830.780.760.770.80.980.650.640.740.780.730.63-0.250.540.240.890.950.850.42-0.190.660.040.25
0.80.890.90.890.70.660.890.890.820.740.810.670.740.65-0.020.650.140.890.880.90.64-0.270.79-0.160.03
0.760.960.880.840.660.720.880.960.680.670.650.730.680.6-0.310.560.070.950.880.890.51-0.270.73-0.050.31
0.820.870.870.880.760.780.850.860.820.80.820.790.880.810.140.830.20.850.90.890.6-0.530.79-0.02-0.14
0.390.450.720.780.320.290.690.450.620.440.460.290.390.330.080.5-0.130.420.640.510.6-0.110.57-0.27-0.08
-0.32-0.25-0.24-0.37-0.32-0.34-0.33-0.25-0.53-0.75-0.21-0.35-0.54-0.65-0.58-0.75-0.32-0.19-0.27-0.27-0.53-0.11-0.50.080.59
0.50.670.870.90.380.320.90.670.920.890.590.340.690.450.130.770.20.660.790.730.790.57-0.5-0.53-0.12
0.360.09-0.41-0.420.510.59-0.440.09-0.55-0.420.060.57-0.040.42-0.07-0.23-0.180.04-0.16-0.05-0.02-0.270.08-0.530.05
-0.060.260.08-0.05-0.14-0.020.090.26-0.31-0.33-0.24-0.02-0.37-0.38-1.0-0.58-0.380.250.030.31-0.14-0.080.59-0.120.05
Click cells to compare fundamentals

Sitio Royalties Account Relationship Matchups

Sitio Royalties fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets290.3M275.7M1.2B5.2B4.8B2.4B
Short Long Term Debt Total42.5M39.8M134M945.8M872.5M553.5M
Total Current Liabilities2.2M3.1M4.6M26.4M31.8M30.2M
Total Stockholder Equity129.1M139.8M560.6M1.7B1.6B1.0B
Property Plant And Equipment Net219.7M207.9M1.2B5.0B4.6B4.8B
Net Debt40.0M37.1M121.6M926.9M857.3M536.0M
Retained Earnings22.7M18.7M9.6M(9.2M)(187.7M)(178.4M)
Accounts Payable2.2M1.5M175K21.9M268K254.6K
Cash2.5M2.7M12.4M18.8M15.2M12.7M
Non Current Assets Total278.7M266.8M1.2B5.0B4.6B4.8B
Cash And Short Term Investments2.5M2.7M12.4M18.8M15.2M28.4M
Net Receivables7.9M5.4M36.2M142.0M107.3M125.7M
Common Stock Shares Outstanding11.5M21.5M20.0M13.7M81.3M88.1M
Liabilities And Stockholders Equity290.3M275.7M1.2B5.2B4.8B2.6B
Non Current Liabilities Total43.1M44.2M135.1M1.3B1.1B694.4M
Other Current Assets1.2M766K1.2M173.4M31.4M29.9M
Total Liab45.3M47.3M139.7M1.3B1.2B1.7B
Total Current Assets11.6M8.9M48.8M192.2M154.0M278.2M
Other Stockholder Equity129.1M121.1M551.0M1.7B1.8B1.9B
Non Currrent Assets Other2.5M3.0M(50.0M)8.8M14.0M14.7M
Long Term Debt Total42.5M39.8M40M938.9M1.1B1.1B
Capital Surpluse117.6M121.1M121.0M1.8B2.0B2.1B
Cash And Equivalents2.5M2.7M2.8M18.8M21.6M22.7M
Other Assets979K1.0M2.1M22.2M20.0M14.1M
Long Term Debt42.5M39.8M40M938.9M865.3M908.6M
Net Invested Capital171.6M163.3M170.7M2.7B2.5B2.6B
Net Working Capital9.4M5.8M10.0M165.8M122.2M128.3M

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When determining whether Sitio Royalties Corp is a strong investment it is important to analyze Sitio Royalties' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sitio Royalties' future performance. For an informed investment choice regarding Sitio Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sitio Royalties Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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Is Sitio Royalties' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sitio Royalties. If investors know Sitio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sitio Royalties listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Dividend Share
1.81
Earnings Share
(0.38)
Revenue Per Share
7.258
Quarterly Revenue Growth
0.004
The market value of Sitio Royalties Corp is measured differently than its book value, which is the value of Sitio that is recorded on the company's balance sheet. Investors also form their own opinion of Sitio Royalties' value that differs from its market value or its book value, called intrinsic value, which is Sitio Royalties' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sitio Royalties' market value can be influenced by many factors that don't directly affect Sitio Royalties' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sitio Royalties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sitio Royalties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sitio Royalties' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.