Strathcona Interest Coverage vs Payout Ratio Analysis

SCR Stock

CAD 43.55 0.06 0.14%

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

Interest Coverage vs Payout Ratio

Interest Coverage vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Strathcona Resources Interest Coverage account and Payout Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Strathcona Resources' Interest Coverage and Payout Ratio is -0.03. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Strathcona Resources, assuming nothing else is changed. The correlation between historical values of Strathcona Resources' Interest Coverage and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Strathcona Resources are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Interest Coverage i.e., Strathcona Resources' Interest Coverage and Payout Ratio go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Interest Coverage

Payout Ratio

Payout Ratio is the proportion of Strathcona Resources earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Strathcona Resources dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Strathcona Resources is paying out more in dividends than it makes in net income.

Most indicators from Strathcona Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Strathcona Resources 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 Strathcona Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, Strathcona Resources' Selling General Administrative is very stable compared to the past year. As of the 6th of December 2025, Tax Provision is likely to grow to about 301 M, while Enterprise Value Over EBITDA is likely to drop 3.40.

	2022	2023	2024	2025 (projected)
Interest Expense	26.7M	239.8M	275.8M	289.6M
Depreciation And Amortization	405.2M	761.6M	875.8M	919.6M

Interest Expense Depreciation And Amortization

Strathcona Resources 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	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Short Term Debt	Inventory	Current Deferred Revenue	Other Assets
Total Assets		0.98	0.99	1.0	1.0	1.0	0.98	1.0	-0.48	1.0	0.24	0.14	1.0	0.86	1.0	0.95	0.89	1.0	1.0	0.76	1.0	1.0	0.41	0.71	-0.87	0.85
Other Current Liab	0.98		0.96	0.99	0.99	0.98	0.98	0.98	-0.48	0.99	0.35	0.18	0.98	0.91	0.98	0.97	0.85	0.97	0.98	0.84	0.99	0.97	0.29	0.67	-0.91	0.87
Total Current Liabilities	0.99	0.96		0.99	0.99	1.0	0.96	0.99	-0.43	0.99	0.23	0.16	0.99	0.8	0.99	0.91	0.88	1.0	0.99	0.76	0.99	1.0	0.51	0.73	-0.82	0.79
Total Stockholder Equity	1.0	0.99	0.99		1.0	0.99	0.99	1.0	-0.51	1.0	0.24	0.13	1.0	0.89	1.0	0.97	0.89	0.99	1.0	0.76	1.0	0.99	0.36	0.7	-0.9	0.87
Property Plant And Equipment Net	1.0	0.99	0.99	1.0		1.0	0.99	1.0	-0.5	1.0	0.23	0.13	1.0	0.88	1.0	0.96	0.89	0.99	1.0	0.76	1.0	0.99	0.38	0.71	-0.89	0.85
Net Debt	1.0	0.98	1.0	0.99	1.0		0.97	0.99	-0.46	1.0	0.24	0.14	1.0	0.83	1.0	0.93	0.89	1.0	0.99	0.77	0.99	1.0	0.46	0.72	-0.84	0.81
Retained Earnings	0.98	0.98	0.96	0.99	0.99	0.97		0.99	-0.58	0.99	0.18	0.07	0.98	0.93	0.98	0.99	0.88	0.96	0.98	0.72	0.99	0.97	0.24	0.68	-0.94	0.89
Accounts Payable	1.0	0.98	0.99	1.0	1.0	0.99	0.99		-0.52	1.0	0.21	0.12	1.0	0.88	1.0	0.96	0.89	0.99	0.99	0.74	1.0	0.99	0.36	0.7	-0.9	0.86
Cash	-0.48	-0.48	-0.43	-0.51	-0.5	-0.46	-0.58	-0.52		-0.5	0.43	0.74	-0.48	-0.61	-0.49	-0.61	-0.5	-0.46	-0.44	-0.13	-0.49	-0.43	0.21	-0.3	0.66	-0.65
Non Current Assets Total	1.0	0.99	0.99	1.0	1.0	1.0	0.99	1.0	-0.5		0.24	0.13	1.0	0.88	1.0	0.96	0.89	0.99	1.0	0.76	1.0	0.99	0.38	0.7	-0.89	0.85
Non Currrent Assets Other	0.24	0.35	0.23	0.24	0.23	0.24	0.18	0.21	0.43	0.24		0.73	0.24	0.25	0.23	0.22	0.09	0.24	0.26	0.69	0.27	0.25	0.09	0.0	-0.17	0.17
Cash And Short Term Investments	0.14	0.18	0.16	0.13	0.13	0.14	0.07	0.12	0.74	0.13	0.73		0.14	0.08	0.13	0.07	0.03	0.15	0.19	0.4	0.15	0.18	0.22	0.08	-0.01	-0.01
Net Receivables	1.0	0.98	0.99	1.0	1.0	1.0	0.98	1.0	-0.48	1.0	0.24	0.14		0.85	1.0	0.94	0.89	1.0	1.0	0.77	1.0	1.0	0.42	0.73	-0.86	0.84
Common Stock Shares Outstanding	0.86	0.91	0.8	0.89	0.88	0.83	0.93	0.88	-0.61	0.88	0.25	0.08	0.85		0.86	0.97	0.76	0.83	0.86	0.66	0.88	0.83	-0.09	0.49	-0.99	0.96
Non Current Liabilities Total	1.0	0.98	0.99	1.0	1.0	1.0	0.98	1.0	-0.49	1.0	0.23	0.13	1.0	0.86		0.95	0.89	1.0	1.0	0.76	1.0	1.0	0.4	0.71	-0.88	0.84
Other Current Assets	0.95	0.97	0.91	0.97	0.96	0.93	0.99	0.96	-0.61	0.96	0.22	0.07	0.94	0.97	0.95		0.84	0.93	0.94	0.72	0.96	0.93	0.11	0.62	-0.98	0.94
Other Stockholder Equity	0.89	0.85	0.88	0.89	0.89	0.89	0.88	0.89	-0.5	0.89	0.09	0.03	0.89	0.76	0.89	0.84		0.89	0.88	0.58	0.88	0.89	0.38	0.66	-0.77	0.74
Total Liab	1.0	0.97	1.0	0.99	0.99	1.0	0.96	0.99	-0.46	0.99	0.24	0.15	1.0	0.83	1.0	0.93	0.89		0.99	0.76	0.99	1.0	0.47	0.72	-0.84	0.83
Total Current Assets	1.0	0.98	0.99	1.0	1.0	0.99	0.98	0.99	-0.44	1.0	0.26	0.19	1.0	0.86	1.0	0.94	0.88	0.99		0.76	1.0	1.0	0.41	0.71	-0.87	0.84
Intangible Assets	0.76	0.84	0.76	0.76	0.76	0.77	0.72	0.74	-0.13	0.76	0.69	0.4	0.77	0.66	0.76	0.72	0.58	0.76	0.76		0.77	0.75	0.3	0.48	-0.64	0.6
Common Stock	1.0	0.99	0.99	1.0	1.0	0.99	0.99	1.0	-0.49	1.0	0.27	0.15	1.0	0.88	1.0	0.96	0.88	0.99	1.0	0.77		0.99	0.37	0.69	-0.89	0.86
Short Long Term Debt Total	1.0	0.97	1.0	0.99	0.99	1.0	0.97	0.99	-0.43	0.99	0.25	0.18	1.0	0.83	1.0	0.93	0.89	1.0	1.0	0.75	0.99		0.47	0.72	-0.84	0.81
Short Term Debt	0.41	0.29	0.51	0.36	0.38	0.46	0.24	0.36	0.21	0.38	0.09	0.22	0.42	-0.09	0.4	0.11	0.38	0.47	0.41	0.3	0.37	0.47		0.46	0.08	-0.04
Inventory	0.71	0.67	0.73	0.7	0.71	0.72	0.68	0.7	-0.3	0.7	0.0	0.08	0.73	0.49	0.71	0.62	0.66	0.72	0.71	0.48	0.69	0.72	0.46		-0.54	0.52
Current Deferred Revenue	-0.87	-0.91	-0.82	-0.9	-0.89	-0.84	-0.94	-0.9	0.66	-0.89	-0.17	-0.01	-0.86	-0.99	-0.88	-0.98	-0.77	-0.84	-0.87	-0.64	-0.89	-0.84	0.08	-0.54		-0.96
Other Assets	0.85	0.87	0.79	0.87	0.85	0.81	0.89	0.86	-0.65	0.85	0.17	-0.01	0.84	0.96	0.84	0.94	0.74	0.83	0.84	0.6	0.86	0.81	-0.04	0.52	-0.96

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Strathcona Resources Account Relationship Matchups

Strathcona Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	694.5M	886.2M	9.2B	10.5B	11.0B	11.5B
Other Current Liab	37.7M	52.5M	143.7M	201.6M	231.8M	243.4M
Total Current Liabilities	70.8M	94.3M	1.2B	1.1B	1.1B	1.2B
Total Stockholder Equity	355.1M	423.6M	4.2B	5.3B	5.8B	6.1B
Property Plant And Equipment Net	637.6M	806.6M	8.7B	10.0B	11.5B	12.1B
Net Debt	259.8M	333.5M	3.3B	3.1B	3.5B	3.7B
Retained Earnings	(43.2M)	24.7M	1.1B	1.7B	2.2B	2.3B
Accounts Payable	28.4M	35.6M	652.9M	783.8M	901.4M	946.4M
Cash	28.6M	40.1M	34.3M	(17.8M)	(20.5M)	(19.4M)
Non Current Assets Total	672.3M	836.4M	8.7B	10.0B	11.6B	12.1B
Non Currrent Assets Other	34.2M	29.8M	18.9M	19.5M	22.4M	17.7M
Cash And Short Term Investments	28.6M	40.1M	34.3M	17.8M	20.5M	22.4M
Net Receivables	17.0M	45.8M	299.1M	334.6M	348.2M	365.6M
Common Stock Shares Outstanding	35.8M	19.1M	14.3M	199.9M	214.2M	224.9M
Liabilities And Stockholders Equity	694.5M	886.2M	9.2B	10.5B	11.0B	11.5B
Non Current Liabilities Total	268.6M	368.2M	3.8B	4.1B	4.7B	5.0B
Other Current Assets	5.2M	3.9M	23.8M	69.4M	80.1M	84.1M
Other Stockholder Equity	1.3M	2.6M	4.8M	49.9M	57.4M	60.3M
Total Liab	339.4M	462.5M	5.0B	5.2B	5.2B	5.4B
Total Current Assets	22.2M	49.8M	421.4M	447.3M	506.1M	531.4M
Common Stock	380.4M	394.2M	3.1B	3.6B	4.1B	4.3B
Short Long Term Debt Total	259.8M	333.5M	3.3B	3.1B	3.5B	3.7B

Pair Trading with Strathcona Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Strathcona Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Strathcona Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Strathcona Stock

0.74	BRAG	Bragg Gaming Group	Pair Corr
0.72	UNH	UnitedHealth Group CDR	Pair Corr
0.64	EAGR	East Side Games	Pair Corr
0.58	NIM	Nicola Mining	Pair Corr
0.49	INIK	PopReach	Pair Corr

The ability to find closely correlated positions to Strathcona Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strathcona Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Strathcona Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Strathcona Resources to buy it.

The correlation of Strathcona Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Strathcona Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strathcona Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Strathcona Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Strathcona Stock

Balance Sheet is a snapshot of the financial position of Strathcona Resources at a specified time, usually calculated after every quarter, six months, or one year. Strathcona Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Strathcona Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Strathcona currently owns. An asset can also be divided into two categories, current and non-current.

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Strathcona Interest Coverage vs Payout Ratio Analysis

Interest Coverage vs Payout Ratio

Interest Coverage vs Payout Ratio Correlation Analysis

Correlation Coefficient

Interest Coverage

Payout Ratio

Strathcona Resources fundamental ratios Correlations

Strathcona Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Strathcona Resources fundamental ratios Accounts

Pair Trading with Strathcona Resources

Moving against Strathcona Stock

Other Information on Investing in Strathcona Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets

Current Deferred Revenue	- 0.99	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.98	Other Current Assets
Other Assets	- 0.96	Current Deferred Revenue
Current Deferred Revenue	- 0.94	Retained Earnings
Current Deferred Revenue	- 0.91	Other Current Liab
Current Deferred Revenue	- 0.9	Accounts Payable