Sitio Total Liab vs Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net

Total Liab vs Property Plant And Equipment Net 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 Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.

The correlation between Sitio Royalties' Total Liab and Property Plant And Equipment Net is 0.72. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Liab i.e., Sitio Royalties' Total Liab and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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

Total Revenue Depreciation And Amortization

Sitio Royalties fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Stockholder Equity	Non Currrent Assets Other
Total Assets		0.89	0.6	0.61	0.98	0.93	0.58	0.89	0.52	0.57	0.78	0.93	0.7	0.88	0.06	0.59	0.14	0.85	0.8	0.76	0.82	0.39	-0.32	0.5	0.36	-0.06
Short Long Term Debt Total	0.89		0.8	0.77	0.8	0.81	0.8	1.0	0.62	0.65	0.69	0.82	0.66	0.69	-0.25	0.55	0.08	0.98	0.89	0.96	0.87	0.45	-0.25	0.67	0.09	0.26
Other Current Liab	0.6	0.8		0.98	0.47	0.45	0.97	0.8	0.89	0.76	0.71	0.47	0.73	0.44	-0.07	0.7	0.17	0.83	0.9	0.88	0.87	0.72	-0.24	0.87	-0.41	0.08
Total Current Liabilities	0.61	0.77	0.98		0.49	0.46	0.97	0.77	0.93	0.83	0.69	0.47	0.74	0.51	0.06	0.78	0.17	0.78	0.89	0.84	0.88	0.78	-0.37	0.9	-0.42	-0.05
Total Stockholder Equity	0.98	0.8	0.47	0.49		0.95	0.44	0.79	0.4	0.46	0.76	0.95	0.67	0.91	0.13	0.55	0.12	0.76	0.7	0.66	0.76	0.32	-0.32	0.38	0.51	-0.14
Property Plant And Equipment Net	0.93	0.81	0.45	0.46	0.95		0.43	0.81	0.32	0.4	0.7	1.0	0.66	0.9	0.01	0.5	0.06	0.77	0.66	0.72	0.78	0.29	-0.34	0.32	0.59	-0.02
Current Deferred Revenue	0.58	0.8	0.97	0.97	0.44	0.43		0.8	0.9	0.81	0.65	0.44	0.7	0.44	-0.08	0.71	0.16	0.8	0.89	0.88	0.85	0.69	-0.33	0.9	-0.44	0.09
Net Debt	0.89	1.0	0.8	0.77	0.79	0.81	0.8		0.62	0.65	0.69	0.81	0.65	0.69	-0.26	0.54	0.07	0.98	0.89	0.96	0.86	0.45	-0.25	0.67	0.09	0.26
Retained Earnings	0.52	0.62	0.89	0.93	0.4	0.32	0.9	0.62		0.92	0.68	0.34	0.79	0.5	0.32	0.87	0.36	0.65	0.82	0.68	0.82	0.62	-0.53	0.92	-0.55	-0.31
Accounts Payable	0.57	0.65	0.76	0.83	0.46	0.4	0.81	0.65	0.92		0.55	0.42	0.74	0.62	0.34	0.89	0.37	0.64	0.74	0.67	0.8	0.44	-0.75	0.89	-0.42	-0.33
Cash	0.78	0.69	0.71	0.69	0.76	0.7	0.65	0.69	0.68	0.55		0.7	0.85	0.68	0.26	0.68	0.27	0.74	0.81	0.65	0.82	0.46	-0.21	0.59	0.06	-0.24
Non Current Assets Total	0.93	0.82	0.47	0.47	0.95	1.0	0.44	0.81	0.34	0.42	0.7		0.67	0.9	0.01	0.51	0.07	0.78	0.67	0.73	0.79	0.29	-0.35	0.34	0.57	-0.02
Cash And Short Term Investments	0.7	0.66	0.73	0.74	0.67	0.66	0.7	0.65	0.79	0.74	0.85	0.67		0.73	0.38	0.84	0.58	0.73	0.74	0.68	0.88	0.39	-0.54	0.69	-0.04	-0.37
Net Receivables	0.88	0.69	0.44	0.51	0.91	0.9	0.44	0.69	0.5	0.62	0.68	0.9	0.73		0.37	0.73	0.17	0.63	0.65	0.6	0.81	0.33	-0.65	0.45	0.42	-0.38
Good Will	0.06	-0.25	-0.07	0.06	0.13	0.01	-0.08	-0.26	0.32	0.34	0.26	0.01	0.38	0.37		0.58	0.39	-0.25	-0.02	-0.31	0.14	0.08	-0.58	0.13	-0.07	-1.0
Common Stock Shares Outstanding	0.59	0.55	0.7	0.78	0.55	0.5	0.71	0.54	0.87	0.89	0.68	0.51	0.84	0.73	0.58		0.36	0.54	0.65	0.56	0.83	0.5	-0.75	0.77	-0.23	-0.58
Short Term Investments	0.14	0.08	0.17	0.17	0.12	0.06	0.16	0.07	0.36	0.37	0.27	0.07	0.58	0.17	0.39	0.36		0.24	0.14	0.07	0.2	-0.13	-0.32	0.2	-0.18	-0.38
Non Current Liabilities Total	0.85	0.98	0.83	0.78	0.76	0.77	0.8	0.98	0.65	0.64	0.74	0.78	0.73	0.63	-0.25	0.54	0.24		0.89	0.95	0.85	0.42	-0.19	0.66	0.04	0.25
Other Current Assets	0.8	0.89	0.9	0.89	0.7	0.66	0.89	0.89	0.82	0.74	0.81	0.67	0.74	0.65	-0.02	0.65	0.14	0.89		0.88	0.9	0.64	-0.27	0.79	-0.16	0.03
Total Liab	0.76	0.96	0.88	0.84	0.66	0.72	0.88	0.96	0.68	0.67	0.65	0.73	0.68	0.6	-0.31	0.56	0.07	0.95	0.88		0.89	0.51	-0.27	0.73	-0.05	0.31
Total Current Assets	0.82	0.87	0.87	0.88	0.76	0.78	0.85	0.86	0.82	0.8	0.82	0.79	0.88	0.81	0.14	0.83	0.2	0.85	0.9	0.89		0.6	-0.53	0.79	-0.02	-0.14
Short Term Debt	0.39	0.45	0.72	0.78	0.32	0.29	0.69	0.45	0.62	0.44	0.46	0.29	0.39	0.33	0.08	0.5	-0.13	0.42	0.64	0.51	0.6		-0.11	0.57	-0.27	-0.08
Intangible Assets	-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		-0.5	0.08	0.59
Common Stock	0.5	0.67	0.87	0.9	0.38	0.32	0.9	0.67	0.92	0.89	0.59	0.34	0.69	0.45	0.13	0.77	0.2	0.66	0.79	0.73	0.79	0.57	-0.5		-0.53	-0.12
Other Stockholder Equity	0.36	0.09	-0.41	-0.42	0.51	0.59	-0.44	0.09	-0.55	-0.42	0.06	0.57	-0.04	0.42	-0.07	-0.23	-0.18	0.04	-0.16	-0.05	-0.02	-0.27	0.08	-0.53		0.05
Non Currrent Assets Other	-0.06	0.26	0.08	-0.05	-0.14	-0.02	0.09	0.26	-0.31	-0.33	-0.24	-0.02	-0.37	-0.38	-1.0	-0.58	-0.38	0.25	0.03	0.31	-0.14	-0.08	0.59	-0.12	0.05

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Sitio Royalties Account Relationship Matchups

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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Sitio Total Liab vs Property Plant And Equipment Net Analysis

Total Liab vs Property Plant And Equipment Net

Total Liab vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Total Liab

Property Plant And Equipment Net

Sitio Royalties fundamental ratios Correlations

Sitio Royalties Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sitio Royalties fundamental ratios Accounts

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Additional Tools for Sitio Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Current Liabilities	+ 0.98	Other Current Liab
Non Current Liabilities Total	+ 0.98	Net Debt

Non Currrent Assets Other	- 1.0	Good Will
Intangible Assets	- 0.75	Common Stock Shares Outstanding
Intangible Assets	- 0.75	Accounts Payable
Intangible Assets	- 0.65	Net Receivables
Non Currrent Assets Other	- 0.58	Common Stock Shares Outstanding
Intangible Assets	- 0.58	Good Will