Sitio Deferred Long Term Liab vs Current Deferred Revenue Analysis

STR Stock  USD 23.32  0.46  1.93%   
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 Deferred Long Term Liab and its Current Deferred Revenue 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.

Deferred Long Term Liab vs Current Deferred Revenue

Deferred Long Term Liab vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sitio Royalties Corp Deferred Long Term Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sitio Royalties' Deferred Long Term Liab and Current Deferred Revenue is -0.38. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Current Deferred Revenue 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' Deferred Long Term Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Sitio Royalties Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Deferred Long Term Liab i.e., Sitio Royalties' Deferred Long Term Liab and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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.