Strattec Long Term Debt Total vs Current Deferred Revenue Analysis

STRT Stock

USD 41.30 0.26 0.63%

Strattec Security financial indicator trend analysis is much more than just breaking down Strattec Security prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Strattec Security is a good investment. Please check the relationship between Strattec Security Long Term Debt Total and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Strattec Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Strattec Stock please use our How to Invest in Strattec Security guide.

Long Term Debt Total vs Current Deferred Revenue

Long Term Debt Total vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Strattec Security Long Term Debt Total account and Current Deferred Revenue. At this time, the significance of the direction appears to have no relationship.

The correlation between Strattec Security's Long Term Debt Total and Current Deferred Revenue is 0.02. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Strattec Security, assuming nothing else is changed. The correlation between historical values of Strattec Security's Long Term Debt Total 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 Long Term Debt Total of Strattec Security 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 Long Term Debt Total i.e., Strattec Security's Long Term Debt Total and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.02

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt Total

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 Strattec Security's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Strattec Security 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 Strattec Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Strattec Stock please use our How to Invest in Strattec Security guide.Selling General Administrative is likely to gain to about 50 M in 2024. Tax Provision is likely to gain to about 4 M in 2024

	2021	2022	2023	2024 (projected)
Total Revenue	452.3M	492.9M	537.8M	313.7M
Depreciation And Amortization	19.4M	17.5M	16.5M	10.8M

Total Revenue Depreciation And Amortization

Strattec Security fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock	Other Liab	Treasury Stock
Total Assets		0.6	0.65	0.98	0.84	0.38	0.88	0.7	0.13	0.84	0.47	0.13	0.63	-0.39	0.47	0.74	0.77	-0.42	0.94	0.69	0.51	-0.64	0.57	-0.31	-0.59	-0.59
Other Current Liab	0.6		0.94	0.59	0.29	-0.18	0.54	0.84	0.57	0.28	0.12	0.57	0.9	-0.48	0.11	0.8	0.6	-0.39	0.62	0.93	0.11	-0.48	0.75	-0.59	-0.36	-0.44
Total Current Liabilities	0.65	0.94		0.64	0.33	-0.13	0.56	0.96	0.46	0.31	0.07	0.46	0.97	-0.43	0.07	0.86	0.66	-0.33	0.66	0.98	0.12	-0.5	0.88	-0.55	-0.45	-0.4
Total Stockholder Equity	0.98	0.59	0.64		0.8	0.31	0.89	0.68	0.17	0.81	0.4	0.17	0.62	-0.39	0.38	0.77	0.73	-0.42	0.87	0.7	0.44	-0.68	0.58	-0.32	-0.65	-0.6
Property Plant And Equipment Net	0.84	0.29	0.33	0.8		0.79	0.74	0.42	-0.28	0.99	0.68	-0.28	0.36	-0.33	0.8	0.47	0.47	-0.33	0.8	0.37	0.85	-0.65	0.27	-0.24	-0.61	-0.53
Net Debt	0.38	-0.18	-0.13	0.31	0.79		0.26	-0.02	-0.71	0.77	0.62	-0.71	-0.04	0.01	0.9	0.03	0.02	0.03	0.43	-0.1	0.94	-0.31	-0.08	0.08	-0.33	-0.13
Retained Earnings	0.88	0.54	0.56	0.89	0.74	0.26		0.59	0.31	0.77	0.52	0.31	0.54	-0.74	0.42	0.57	0.64	-0.78	0.82	0.58	0.43	-0.64	0.37	-0.62	-0.56	-0.88
Accounts Payable	0.7	0.84	0.96	0.68	0.42	-0.02	0.59		0.33	0.39	0.13	0.33	0.95	-0.41	0.12	0.81	0.71	-0.33	0.71	0.93	0.19	-0.48	0.85	-0.5	-0.51	-0.42
Cash	0.13	0.57	0.46	0.17	-0.28	-0.71	0.31	0.33		-0.28	-0.19	1.0	0.4	-0.46	-0.42	0.22	0.34	-0.49	0.14	0.44	-0.46	-0.19	0.23	-0.47	-0.14	-0.36
Non Current Assets Total	0.84	0.28	0.31	0.81	0.99	0.77	0.77	0.39	-0.28		0.72	-0.28	0.34	-0.37	0.78	0.47	0.44	-0.37	0.79	0.35	0.82	-0.61	0.24	-0.27	-0.57	-0.57
Non Currrent Assets Other	0.47	0.12	0.07	0.4	0.68	0.62	0.52	0.13	-0.19	0.72		-0.19	0.12	-0.42	0.77	0.05	0.19	-0.43	0.53	0.06	0.68	-0.14	-0.15	-0.33	-0.23	-0.51
Cash And Short Term Investments	0.13	0.57	0.46	0.17	-0.28	-0.71	0.31	0.33	1.0	-0.28	-0.19		0.4	-0.46	-0.42	0.22	0.34	-0.49	0.14	0.44	-0.46	-0.19	0.23	-0.47	-0.14	-0.36
Net Receivables	0.63	0.9	0.97	0.62	0.36	-0.04	0.54	0.95	0.4	0.34	0.12	0.4		-0.43	0.15	0.81	0.54	-0.33	0.65	0.96	0.22	-0.52	0.82	-0.56	-0.52	-0.39
Common Stock Shares Outstanding	-0.39	-0.48	-0.43	-0.39	-0.33	0.01	-0.74	-0.41	-0.46	-0.37	-0.42	-0.46	-0.43		-0.26	-0.27	-0.25	0.97	-0.39	-0.41	-0.21	0.4	-0.13	0.95	0.3	0.95
Non Current Liabilities Total	0.47	0.11	0.07	0.38	0.8	0.9	0.42	0.12	-0.42	0.78	0.77	-0.42	0.15	-0.26		0.13	0.16	-0.23	0.59	0.09	0.97	-0.33	0.01	-0.2	-0.31	-0.34
Inventory	0.74	0.8	0.86	0.77	0.47	0.03	0.57	0.81	0.22	0.47	0.05	0.22	0.81	-0.27	0.13		0.64	-0.17	0.62	0.93	0.2	-0.57	0.9	-0.37	-0.48	-0.34
Other Current Assets	0.77	0.6	0.66	0.73	0.47	0.02	0.64	0.71	0.34	0.44	0.19	0.34	0.54	-0.25	0.16	0.64		-0.29	0.79	0.65	0.15	-0.37	0.66	-0.19	-0.31	-0.41
Other Stockholder Equity	-0.42	-0.39	-0.33	-0.42	-0.33	0.03	-0.78	-0.33	-0.49	-0.37	-0.43	-0.49	-0.33	0.97	-0.23	-0.17	-0.29		-0.42	-0.31	-0.16	0.35	-0.03	0.87	0.25	0.96
Total Liab	0.94	0.62	0.66	0.87	0.8	0.43	0.82	0.71	0.14	0.79	0.53	0.14	0.65	-0.39	0.59	0.62	0.79	-0.42		0.65	0.58	-0.54	0.53	-0.31	-0.47	-0.55
Total Current Assets	0.69	0.93	0.98	0.7	0.37	-0.1	0.58	0.93	0.44	0.35	0.06	0.44	0.96	-0.41	0.09	0.93	0.65	-0.31	0.65		0.15	-0.56	0.9	-0.53	-0.51	-0.41
Short Long Term Debt Total	0.51	0.11	0.12	0.44	0.85	0.94	0.43	0.19	-0.46	0.82	0.68	-0.46	0.22	-0.21	0.97	0.2	0.15	-0.16	0.58	0.15		-0.49	0.08	-0.17	-0.49	-0.3
Common Stock Total Equity	-0.64	-0.48	-0.5	-0.68	-0.65	-0.31	-0.64	-0.48	-0.19	-0.61	-0.14	-0.19	-0.52	0.4	-0.33	-0.57	-0.37	0.35	-0.54	-0.56	-0.49		-0.46	0.41	0.76	0.47
Property Plant And Equipment Gross	0.57	0.75	0.88	0.58	0.27	-0.08	0.37	0.85	0.23	0.24	-0.15	0.23	0.82	-0.13	0.01	0.9	0.66	-0.03	0.53	0.9	0.08	-0.46		-0.27	-0.4	-0.15
Common Stock	-0.31	-0.59	-0.55	-0.32	-0.24	0.08	-0.62	-0.5	-0.47	-0.27	-0.33	-0.47	-0.56	0.95	-0.2	-0.37	-0.19	0.87	-0.31	-0.53	-0.17	0.41	-0.27		0.32	0.84
Other Liab	-0.59	-0.36	-0.45	-0.65	-0.61	-0.33	-0.56	-0.51	-0.14	-0.57	-0.23	-0.14	-0.52	0.3	-0.31	-0.48	-0.31	0.25	-0.47	-0.51	-0.49	0.76	-0.4	0.32		0.39
Treasury Stock	-0.59	-0.44	-0.4	-0.6	-0.53	-0.13	-0.88	-0.42	-0.36	-0.57	-0.51	-0.36	-0.39	0.95	-0.34	-0.34	-0.41	0.96	-0.55	-0.41	-0.3	0.47	-0.15	0.84	0.39

Click cells to compare fundamentals

Strattec Security Account Relationship Matchups

Strattec Security fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	265.5M	310.6M	318.7M	340.9M	364.3M	205.0M
Other Current Liab	29.6M	40.8M	30.2M	48.3M	53.4M	56.1M
Total Current Liabilities	48.1M	77.6M	81.5M	109.0M	118.3M	124.2M
Total Stockholder Equity	152.2M	181.6M	188.9M	185.0M	200.5M	119.5M
Property Plant And Equipment Net	105.1M	96.4M	91.7M	94.4M	86.2M	63.6M
Net Debt	23.2M	(2.5M)	2.2M	(7.6M)	(12.4M)	(13.0M)
Retained Earnings	211.9M	234.5M	241.5M	234.3M	250.6M	167.0M
Accounts Payable	18.5M	36.7M	44.0M	57.9M	54.9M	57.7M
Cash	11.8M	14.5M	8.8M	20.6M	25.4M	18.7M
Non Current Assets Total	140.2M	135.7M	130.4M	115.1M	110.5M	80.3M
Non Currrent Assets Other	13.0M	12.0M	5.4M	7.1M	6.7M	6.0M
Cash And Short Term Investments	11.8M	14.5M	8.8M	20.6M	25.4M	18.7M
Net Receivables	42.0M	69.9M	75.8M	89.8M	119.3M	125.3M
Common Stock Shares Outstanding	3.7M	3.9M	3.9M	3.9M	4.0M	3.3M
Liabilities And Stockholders Equity	265.5M	310.6M	318.7M	340.9M	364.3M	205.0M
Non Current Liabilities Total	42.0M	19.6M	16.8M	20.9M	20.4M	21.3M
Inventory	54.4M	70.9M	80.5M	77.6M	81.6M	85.7M
Other Current Assets	17.2M	19.7M	23.1M	37.8M	27.5M	16.4M
Other Stockholder Equity	(37.7M)	(36.1M)	(34.1M)	(35.2M)	(34.5M)	(36.2M)
Total Liab	90.1M	97.1M	98.3M	129.9M	138.7M	75.8M
Total Current Assets	125.4M	174.9M	188.2M	225.8M	253.8M	266.5M
Short Long Term Debt Total	35M	12.4M	11.4M	13M	15.0M	16.6M
Property Plant And Equipment Gross	105.1M	96.4M	278.2M	300.2M	305.2M	320.5M
Accumulated Other Comprehensive Income	(22.1M)	(16.8M)	(18.7M)	(14.2M)	(15.7M)	(16.5M)
Other Liab	3.6M	7.6M	5.8M	3.9M	3.5M	3.4M
Treasury Stock	(135.7M)	(135.7M)	(135.6M)	(135.6M)	(122.0M)	(128.1M)
Property Plant Equipment	108.9M	96.4M	91.7M	98.9M	113.7M	67.3M
Other Assets	14.5M	9.2M	12.0M	12.4M	18.7M	9.8M
Net Tangible Assets	152.2M	181.6M	188.9M	185.0M	212.7M	162.6M
Noncontrolling Interest In Consolidated Entity	24.4M	23.2M	31.8M	31.5M	28.4M	24.0M
Long Term Debt	35M	12M	11M	13M	15.0M	20.3M
Retained Earnings Total Equity	221.1M	211.9M	234.5M	241.5M	277.7M	229.1M
Capital Surpluse	96.5M	98.0M	99.5M	101.5M	116.8M	102.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Strattec Stock Analysis

When running Strattec Security's price analysis, check to measure Strattec Security's 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 Strattec Security is operating at the current time. Most of Strattec Security's value examination focuses on studying past and present price action to predict the probability of Strattec Security's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strattec Security's price. Additionally, you may evaluate how the addition of Strattec Security to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC