Sitio Total Liab vs Non Current Liabilities Total Analysis
STR Stock | USD 22.48 0.34 1.54% |
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 Total Liab and its Non Current Liabilities Total 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 closely tied with the direction of predictive economic indicators such as signals in estimate.
Total Liab vs Non Current Liabilities Total
Total Liab vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sitio Royalties Corp Total Liab account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sitio Royalties' Total Liab and Non Current Liabilities Total is 0.95. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Liabilities Total 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' Total Liab and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Sitio Royalties Corp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Liab i.e., Sitio Royalties' Total Liab and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Non Current Liabilities Total
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 closely tied 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 06/06/2024, 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 Revenue | 120.6M | 369.6M | 593.4M | 967.3M | Depreciation And Amortization | 50.2M | 130.1M | 291.3M | 164.8M |
Sitio Royalties fundamental ratios Correlations
Click cells to compare fundamentals
Sitio Royalties Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sitio Royalties fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 290.3M | 275.7M | 1.2B | 5.2B | 4.8B | 2.4B | |
Short Long Term Debt Total | 42.5M | 39.8M | 134M | 945.8M | 872.5M | 553.5M | |
Total Current Liabilities | 2.2M | 3.1M | 4.6M | 26.4M | 31.8M | 30.2M | |
Total Stockholder Equity | 129.1M | 139.8M | 560.6M | 1.7B | 1.6B | 1.0B | |
Property Plant And Equipment Net | 219.7M | 207.9M | 1.2B | 5.0B | 4.6B | 4.8B | |
Net Debt | 40.0M | 37.1M | 121.6M | 926.9M | 857.3M | 536.0M | |
Retained Earnings | 22.7M | 18.7M | 9.6M | (9.2M) | (187.7M) | (178.4M) | |
Accounts Payable | 2.2M | 1.5M | 175K | 21.9M | 268K | 254.6K | |
Cash | 2.5M | 2.7M | 12.4M | 18.8M | 15.2M | 12.7M | |
Non Current Assets Total | 278.7M | 266.8M | 1.2B | 5.0B | 4.6B | 4.8B | |
Cash And Short Term Investments | 2.5M | 2.7M | 12.4M | 18.8M | 15.2M | 28.4M | |
Net Receivables | 7.9M | 5.4M | 36.2M | 142.0M | 107.3M | 125.7M | |
Common Stock Shares Outstanding | 11.5M | 21.5M | 20.0M | 13.7M | 81.3M | 88.1M | |
Liabilities And Stockholders Equity | 290.3M | 275.7M | 1.2B | 5.2B | 4.8B | 2.6B | |
Non Current Liabilities Total | 43.1M | 44.2M | 135.1M | 1.3B | 1.1B | 694.4M | |
Other Current Assets | 1.2M | 766K | 1.2M | 173.4M | 31.4M | 29.9M | |
Total Liab | 45.3M | 47.3M | 139.7M | 1.3B | 1.2B | 1.7B | |
Total Current Assets | 11.6M | 8.9M | 48.8M | 192.2M | 154.0M | 278.2M | |
Other Stockholder Equity | 129.1M | 121.1M | 551.0M | 1.7B | 1.8B | 1.9B | |
Non Currrent Assets Other | 2.5M | 3.0M | (50.0M) | 8.8M | 14.0M | 14.7M | |
Long Term Debt Total | 42.5M | 39.8M | 40M | 938.9M | 1.1B | 1.1B | |
Capital Surpluse | 117.6M | 121.1M | 121.0M | 1.8B | 2.0B | 2.1B | |
Cash And Equivalents | 2.5M | 2.7M | 2.8M | 18.8M | 21.6M | 22.7M | |
Other Assets | 979K | 1.0M | 2.1M | 22.2M | 20.0M | 14.1M | |
Long Term Debt | 42.5M | 39.8M | 40M | 938.9M | 865.3M | 908.6M | |
Net Invested Capital | 171.6M | 163.3M | 170.7M | 2.7B | 2.5B | 2.6B | |
Net Working Capital | 9.4M | 5.8M | 10.0M | 165.8M | 122.2M | 128.3M |
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When running Sitio Royalties' price analysis, check to measure Sitio Royalties' 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 Sitio Royalties is operating at the current time. Most of Sitio Royalties' value examination focuses on studying past and present price action to predict the probability of Sitio Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sitio Royalties' price. Additionally, you may evaluate how the addition of Sitio Royalties to your portfolios can decrease your overall portfolio volatility.