Stryve Net Tangible Assets vs Net Working Capital Analysis

SNAX Stock  USD 5.67  3.67  183.50%   
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 Net Tangible Assets and its Net Working Capital 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.

Net Tangible Assets vs Net Working Capital

Net Tangible Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stryve Foods Net Tangible Assets account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Stryve Foods' Net Tangible Assets and Net Working Capital is -0.4. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Working Capital 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' Net Tangible Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Stryve Foods are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Tangible Assets i.e., Stryve Foods' Net Tangible Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Net Working Capital

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 0.38 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.4 M in 2024.

Stryve Foods fundamental ratios Correlations

0.720.250.880.72-0.350.720.84-0.730.820.320.770.340.370.390.840.37-0.84-0.06-0.37-0.020.29-0.370.2-0.36-0.2
0.720.830.331.0-0.720.980.31-0.950.810.540.830.850.670.850.310.85-0.32-0.1-0.810.340.5-0.820.29-0.83-0.43
0.250.83-0.180.83-0.610.78-0.15-0.750.390.480.480.880.590.96-0.150.830.150.01-0.790.630.27-0.810.32-0.83-0.34
0.880.33-0.180.330.080.340.97-0.340.550.010.47-0.140.010.030.97-0.09-0.98-0.050.09-0.170.00.10.060.10.11
0.721.00.830.33-0.710.980.32-0.940.80.510.820.840.640.850.320.83-0.32-0.14-0.80.360.5-0.810.24-0.82-0.44
-0.35-0.72-0.610.08-0.71-0.790.190.82-0.75-0.74-0.81-0.9-0.84-0.450.19-0.92-0.18-0.030.950.14-0.840.94-0.330.920.74
0.720.980.780.340.98-0.790.28-0.970.870.640.910.850.750.760.280.88-0.290.01-0.850.170.57-0.860.38-0.86-0.5
0.840.31-0.150.970.320.190.28-0.260.45-0.170.35-0.18-0.150.091.0-0.18-1.0-0.170.19-0.03-0.130.19-0.090.190.1
-0.73-0.95-0.75-0.34-0.940.82-0.97-0.26-0.85-0.73-0.9-0.87-0.81-0.73-0.26-0.890.26-0.090.9-0.15-0.580.9-0.460.90.47
0.820.810.390.550.8-0.750.870.45-0.850.60.990.620.70.370.450.71-0.45-0.08-0.69-0.230.76-0.680.25-0.68-0.47
0.320.540.480.010.51-0.740.64-0.17-0.730.60.70.650.980.32-0.170.810.160.6-0.82-0.20.55-0.810.84-0.82-0.19
0.770.830.480.470.82-0.810.910.35-0.90.990.70.690.80.430.350.79-0.350.05-0.78-0.220.75-0.770.38-0.77-0.49
0.340.850.88-0.140.84-0.90.85-0.18-0.870.620.650.690.760.78-0.180.960.18-0.03-0.960.290.62-0.970.31-0.97-0.63
0.370.670.590.010.64-0.840.75-0.15-0.810.70.980.80.760.42-0.150.90.150.44-0.9-0.150.67-0.890.73-0.9-0.31
0.390.850.960.030.85-0.450.760.09-0.730.370.320.430.780.420.090.7-0.09-0.07-0.660.750.1-0.680.23-0.7-0.25
0.840.31-0.150.970.320.190.281.0-0.260.45-0.170.35-0.18-0.150.09-0.18-1.0-0.170.19-0.03-0.130.19-0.090.190.1
0.370.850.83-0.090.83-0.920.88-0.18-0.890.710.810.790.960.90.7-0.180.170.13-0.990.140.69-0.990.48-0.99-0.51
-0.84-0.320.15-0.98-0.32-0.18-0.29-1.00.26-0.450.16-0.350.180.15-0.09-1.00.170.17-0.180.020.13-0.180.09-0.18-0.1
-0.06-0.10.01-0.05-0.14-0.030.01-0.17-0.09-0.080.60.05-0.030.44-0.07-0.170.130.17-0.15-0.27-0.25-0.140.91-0.160.26
-0.37-0.81-0.790.09-0.80.95-0.850.190.9-0.69-0.82-0.78-0.96-0.9-0.660.19-0.99-0.18-0.15-0.1-0.71.0-0.491.00.57
-0.020.340.63-0.170.360.140.17-0.03-0.15-0.23-0.2-0.220.29-0.150.75-0.030.140.02-0.27-0.1-0.36-0.14-0.14-0.160.2
0.290.50.270.00.5-0.840.57-0.13-0.580.760.550.750.620.670.1-0.130.690.13-0.25-0.7-0.36-0.680.02-0.66-0.57
-0.37-0.82-0.810.1-0.810.94-0.860.190.9-0.68-0.81-0.77-0.97-0.89-0.680.19-0.99-0.18-0.141.0-0.14-0.68-0.481.00.56
0.20.290.320.060.24-0.330.38-0.09-0.460.250.840.380.310.730.23-0.090.480.090.91-0.49-0.140.02-0.48-0.510.13
-0.36-0.83-0.830.1-0.820.92-0.860.190.9-0.68-0.82-0.77-0.97-0.9-0.70.19-0.99-0.18-0.161.0-0.16-0.661.0-0.510.52
-0.2-0.43-0.340.11-0.440.74-0.50.10.47-0.47-0.19-0.49-0.63-0.31-0.250.1-0.51-0.10.260.570.2-0.570.560.130.52
Click cells to compare fundamentals

Stryve Foods Account Relationship Matchups

Stryve Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets110.5M26.2M36.8M39.6M32.7M33.8M
Short Long Term Debt Total20.7M30.0M15.3M18.3M24.8M15.0M
Total Current Liabilities5.7K31.7M11.8M7.1M15.8M9.2M
Total Stockholder Equity110.5M(9.3M)16.4M16.4M1.6M1.5M
Net Debt20.4M29.4M13.1M17.7M24.4M14.5M
Retained Earnings1.7M(52.1M)(84.1M)(117.3M)(136.3M)(129.5M)
Accounts Payable3.1M3.8M3.1M3.0M4.5M2.4M
Common Stock Shares Outstanding3.4M1.3M1.3M2.1M2.2M2.1M
Liabilities And Stockholders Equity110.5M26.2M36.8M39.6M32.7M33.8M
Non Current Liabilities Total14.7M3.9M8.5M16.0M15.3M8.1M
Other Current Assets8.1K529.2K2.3M1.6M720.7K727.7K
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 Debt6.1M26.1M7.1M2.3M9.4M7.0M
Common Stock105.5M1.0K2.0K3K262.0248.9
Other Current Liab5.7K1.7M1.6M1.7M1.8M1.3M
Other Assets1.0(1.0)1.1M(1K)(1.2K)(1.1K)

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