Strathcona Property Plant And Equipment Net vs Total Stockholder Equity 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 Property Plant And Equipment Net and its Total Stockholder Equity 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.

Property Plant And Equipment Net vs Total Stockholder Equity

Property Plant And Equipment Net vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Strathcona Resources Property Plant And Equipment Net account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Strathcona Resources' Property Plant And Equipment Net and Total Stockholder Equity is 1.0. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Stockholder Equity 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' Property Plant And Equipment Net and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Strathcona Resources are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Strathcona Resources' Property Plant And Equipment Net and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Expense26.7M239.8M275.8M289.6M
Depreciation And Amortization405.2M761.6M875.8M919.6M

Strathcona Resources fundamental ratios Correlations

0.980.991.01.01.00.981.0-0.481.00.240.141.00.861.00.950.891.01.00.761.01.00.410.71-0.870.85
0.980.960.990.990.980.980.98-0.480.990.350.180.980.910.980.970.850.970.980.840.990.970.290.67-0.910.87
0.990.960.990.991.00.960.99-0.430.990.230.160.990.80.990.910.881.00.990.760.991.00.510.73-0.820.79
1.00.990.991.00.990.991.0-0.511.00.240.131.00.891.00.970.890.991.00.761.00.990.360.7-0.90.87
1.00.990.991.01.00.991.0-0.51.00.230.131.00.881.00.960.890.991.00.761.00.990.380.71-0.890.85
1.00.981.00.991.00.970.99-0.461.00.240.141.00.831.00.930.891.00.990.770.991.00.460.72-0.840.81
0.980.980.960.990.990.970.99-0.580.990.180.070.980.930.980.990.880.960.980.720.990.970.240.68-0.940.89
1.00.980.991.01.00.990.99-0.521.00.210.121.00.881.00.960.890.990.990.741.00.990.360.7-0.90.86
-0.48-0.48-0.43-0.51-0.5-0.46-0.58-0.52-0.50.430.74-0.48-0.61-0.49-0.61-0.5-0.46-0.44-0.13-0.49-0.430.21-0.30.66-0.65
1.00.990.991.01.01.00.991.0-0.50.240.131.00.881.00.960.890.991.00.761.00.990.380.7-0.890.85
0.240.350.230.240.230.240.180.210.430.240.730.240.250.230.220.090.240.260.690.270.250.090.0-0.170.17
0.140.180.160.130.130.140.070.120.740.130.730.140.080.130.070.030.150.190.40.150.180.220.08-0.01-0.01
1.00.980.991.01.01.00.981.0-0.481.00.240.140.851.00.940.891.01.00.771.01.00.420.73-0.860.84
0.860.910.80.890.880.830.930.88-0.610.880.250.080.850.860.970.760.830.860.660.880.83-0.090.49-0.990.96
1.00.980.991.01.01.00.981.0-0.491.00.230.131.00.860.950.891.01.00.761.01.00.40.71-0.880.84
0.950.970.910.970.960.930.990.96-0.610.960.220.070.940.970.950.840.930.940.720.960.930.110.62-0.980.94
0.890.850.880.890.890.890.880.89-0.50.890.090.030.890.760.890.840.890.880.580.880.890.380.66-0.770.74
1.00.971.00.990.991.00.960.99-0.460.990.240.151.00.831.00.930.890.990.760.991.00.470.72-0.840.83
1.00.980.991.01.00.990.980.99-0.441.00.260.191.00.861.00.940.880.990.761.01.00.410.71-0.870.84
0.760.840.760.760.760.770.720.74-0.130.760.690.40.770.660.760.720.580.760.760.770.750.30.48-0.640.6
1.00.990.991.01.00.990.991.0-0.491.00.270.151.00.881.00.960.880.991.00.770.990.370.69-0.890.86
1.00.971.00.990.991.00.970.99-0.430.990.250.181.00.831.00.930.891.01.00.750.990.470.72-0.840.81
0.410.290.510.360.380.460.240.360.210.380.090.220.42-0.090.40.110.380.470.410.30.370.470.460.08-0.04
0.710.670.730.70.710.720.680.7-0.30.70.00.080.730.490.710.620.660.720.710.480.690.720.46-0.540.52
-0.87-0.91-0.82-0.9-0.89-0.84-0.94-0.90.66-0.89-0.17-0.01-0.86-0.99-0.88-0.98-0.77-0.84-0.87-0.64-0.89-0.840.08-0.54-0.96
0.850.870.790.870.850.810.890.86-0.650.850.17-0.010.840.960.840.940.740.830.840.60.860.81-0.040.52-0.96
Click cells to compare fundamentals

Strathcona Resources Account Relationship Matchups

Strathcona Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets694.5M886.2M9.2B10.5B11.0B11.5B
Other Current Liab37.7M52.5M143.7M201.6M231.8M243.4M
Total Current Liabilities70.8M94.3M1.2B1.1B1.1B1.2B
Total Stockholder Equity355.1M423.6M4.2B5.3B5.8B6.1B
Property Plant And Equipment Net637.6M806.6M8.7B10.0B11.5B12.1B
Net Debt259.8M333.5M3.3B3.1B3.5B3.7B
Retained Earnings(43.2M)24.7M1.1B1.7B2.2B2.3B
Accounts Payable28.4M35.6M652.9M783.8M901.4M946.4M
Cash28.6M40.1M34.3M(17.8M)(20.5M)(19.4M)
Non Current Assets Total672.3M836.4M8.7B10.0B11.6B12.1B
Non Currrent Assets Other34.2M29.8M18.9M19.5M22.4M17.7M
Cash And Short Term Investments28.6M40.1M34.3M17.8M20.5M22.4M
Net Receivables17.0M45.8M299.1M334.6M348.2M365.6M
Common Stock Shares Outstanding35.8M19.1M14.3M199.9M214.2M224.9M
Liabilities And Stockholders Equity694.5M886.2M9.2B10.5B11.0B11.5B
Non Current Liabilities Total268.6M368.2M3.8B4.1B4.7B5.0B
Other Current Assets5.2M3.9M23.8M69.4M80.1M84.1M
Other Stockholder Equity1.3M2.6M4.8M49.9M57.4M60.3M
Total Liab339.4M462.5M5.0B5.2B5.2B5.4B
Total Current Assets22.2M49.8M421.4M447.3M506.1M531.4M
Common Stock380.4M394.2M3.1B3.6B4.1B4.3B
Short Long Term Debt Total259.8M333.5M3.3B3.1B3.5B3.7B

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

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  0.64EAGR East Side GamesPairCorr
  0.58NIM Nicola MiningPairCorr
  0.49INIK PopReachPairCorr
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 CorrelationCorrelation 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.