Strattec Total Liab vs Long Term Debt Total 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 Total Liab and its Long Term Debt Total 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.

Total Liab vs Long Term Debt Total

Total Liab vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Strattec Security Total Liab account and Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Strattec Security's Total Liab and Long Term Debt Total is 0.43. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Debt Total 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 Total Liab and Long Term Debt 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 Strattec Security are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Liab i.e., Strattec Security's Total Liab and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Liab

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

Long Term Debt Total

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

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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

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