Synalloy Cost Of Revenue vs Ebitda Analysis

ACNT Stock  USD 10.88  0.07  0.65%   
Synalloy financial indicator trend analysis is much more than just breaking down Synalloy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synalloy is a good investment. Please check the relationship between Synalloy Cost Of Revenue and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Synalloy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Synalloy Stock please use our How to Invest in Synalloy guide.

Cost Of Revenue vs Ebitda

Cost Of Revenue vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synalloy Cost Of Revenue account and Ebitda. At this time, the significance of the direction appears to have weak relationship.
The correlation between Synalloy's Cost Of Revenue and Ebitda is 0.38. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of Synalloy, assuming nothing else is changed. The correlation between historical values of Synalloy's Cost Of Revenue and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Synalloy are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Cost Of Revenue i.e., Synalloy's Cost Of Revenue and Ebitda go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Synalloy income statement and represents the costs associated with goods and services Synalloy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Ebitda

Most indicators from Synalloy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synalloy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Synalloy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Synalloy Stock please use our How to Invest in Synalloy guide.Selling General Administrative is likely to gain to about 42.2 M in 2024, despite the fact that Tax Provision is likely to grow to (3.6 M).
 2021 2022 2023 2024 (projected)
Interest Expense1.5M2.7M4.2M4.4M
Depreciation And Amortization10.8M8.3M7.7M4.5M

Synalloy fundamental ratios Correlations

0.880.490.860.860.90.880.570.81-0.150.820.510.910.950.510.50.950.960.20.390.390.730.62-0.540.440.38
0.880.440.680.540.881.00.260.75-0.10.690.50.990.850.520.450.970.840.180.360.360.560.38-0.460.260.33
0.490.440.470.410.390.440.20.42-0.110.190.40.440.440.460.330.470.45-0.310.210.210.150.31-0.090.350.35
0.860.680.470.720.70.680.470.68-0.30.770.410.720.830.210.420.820.840.270.170.170.910.51-0.490.420.62
0.860.540.410.720.730.540.780.69-0.120.680.420.590.780.490.460.650.810.190.320.320.580.74-0.460.490.31
0.90.880.390.70.730.880.340.870.030.620.640.880.790.480.620.880.780.210.310.310.590.69-0.590.280.42
0.881.00.440.680.540.880.250.75-0.10.680.50.990.850.520.440.970.840.190.350.350.560.37-0.460.250.34
0.570.260.20.470.780.340.250.42-0.20.61-0.160.310.520.32-0.090.370.590.20.150.150.320.24-0.110.570.16
0.810.750.420.680.690.870.750.420.330.60.560.750.660.360.690.770.670.120.350.350.530.68-0.570.550.53
-0.15-0.1-0.11-0.3-0.120.03-0.1-0.20.33-0.130.27-0.1-0.29-0.110.43-0.15-0.27-0.420.420.42-0.230.31-0.190.18-0.12
0.820.690.190.770.680.620.680.610.6-0.130.10.750.770.160.210.790.840.140.550.550.770.36-0.270.540.12
0.510.50.40.410.420.640.5-0.160.560.270.10.480.490.460.860.490.430.00.230.230.370.76-0.72-0.070.36
0.910.990.440.720.590.880.990.310.75-0.10.750.480.880.490.430.990.880.140.410.410.620.41-0.470.310.28
0.950.850.440.830.780.790.850.520.66-0.290.770.490.880.540.450.910.990.180.330.330.740.52-0.60.240.36
0.510.520.460.210.490.480.520.320.36-0.110.160.460.490.540.330.450.53-0.010.080.08-0.010.29-0.280.01-0.04
0.50.450.330.420.460.620.44-0.090.690.430.210.860.430.450.330.450.41-0.110.360.360.40.83-0.710.070.36
0.950.970.470.820.650.880.970.370.77-0.150.790.490.990.910.450.450.920.180.380.380.710.46-0.50.350.37
0.960.840.450.840.810.780.840.590.67-0.270.840.430.880.990.530.410.920.140.390.390.740.51-0.540.330.29
0.20.18-0.310.270.190.210.190.20.12-0.420.140.00.140.18-0.01-0.110.180.14-0.38-0.380.23-0.09-0.040.160.36
0.390.360.210.170.320.310.350.150.350.420.550.230.410.330.080.360.380.39-0.381.00.180.38-0.050.36-0.36
0.390.360.210.170.320.310.350.150.350.420.550.230.410.330.080.360.380.39-0.381.00.180.38-0.050.36-0.36
0.730.560.150.910.580.590.560.320.53-0.230.770.370.620.74-0.010.40.710.740.230.180.180.51-0.590.230.47
0.620.380.310.510.740.690.370.240.680.310.360.760.410.520.290.830.460.51-0.090.380.380.51-0.70.220.26
-0.54-0.46-0.09-0.49-0.46-0.59-0.46-0.11-0.57-0.19-0.27-0.72-0.47-0.6-0.28-0.71-0.5-0.54-0.04-0.05-0.05-0.59-0.70.15-0.43
0.440.260.350.420.490.280.250.570.550.180.54-0.070.310.240.010.070.350.330.160.360.360.230.220.150.17
0.380.330.350.620.310.420.340.160.53-0.120.120.360.280.36-0.040.360.370.290.36-0.36-0.360.470.26-0.430.17
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Synalloy Account Relationship Matchups

Synalloy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets257.2M207.0M266.0M269.0M175.9M116.0M
Short Long Term Debt Total113.4M95.1M105.2M105.4M31.4M27.7M
Other Current Liab11.5M10.0M9.8M13.9M8.0M6.4M
Total Current Liabilities40.6M31.1M50.5M33.5M24.8M22.3M
Total Stockholder Equity106.5M80.3M111.6M134.3M107.4M64.0M
Property Plant And Equipment Net76.5M66.9M74.5M71.6M57.5M30.0M
Net Debt112.8M94.8M103.2M104.0M29.5M26.8M
Retained Earnings70.6M42.8M63.1M85.1M58.5M52.8M
Non Current Assets Total110.1M80.1M106.0M98.7M86.5M90.8M
Non Currrent Assets Other348K455K4.5M4.0M20.5M21.5M
Net Receivables35.1M28.2M50.1M33.2M26.6M21.7M
Common Stock Shares Outstanding9.0M9.1M9.5M10.4M10.1M8.6M
Liabilities And Stockholders Equity257.2M207.0M266.0M269.0M163.3M115.6M
Non Current Liabilities Total110.1M95.6M103.9M101.3M43.7M29.7M
Inventory98.2M85.1M103.2M114.5M52.3M46.9M
Other Current Assets13.2M26.8M4.6M68.1M8.7M6.4M
Other Stockholder Equity25.7M27.2M37.4M38.0M37.8M39.7M
Total Liab150.7M126.7M154.4M134.8M68.5M52.0M
Total Current Assets147.1M126.9M160.0M170.4M89.4M74.2M
Short Term Debt7.8M886K3.8M4.1M360K342K
Cash626K236K2.0M1.4M1.9M956.9K
Cash And Short Term Investments626K236K2.0M1.4M1.9M956.9K
Accounts Payable21.2M19.7M32.3M14.1M16.4M12.9M
Current Deferred Revenue153K298K441K304K62K58.9K
Intangible Assets15.7M11.4M14.4M10.4M8.5M12.9M
Other Assets348K455K4.5M1.01.151.09
Long Term Debt71.6M60.5M67.9M69.1M62.2M55.3M
Capital Lease Obligations37.9M33.7M34.8M33.5M38.5M30.8M
Net Invested Capital182.1M140.8M179.5M203.7M234.3M194.7M
Non Current Liabilities Other3.7M379K89K68K61.2K58.1K
Net Working Capital106.5M95.8M109.5M136.9M157.4M127.4M

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Additional Tools for Synalloy Stock Analysis

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