Synalloy Net Debt vs Retained Earnings Analysis

ACNT Stock

USD 10.33 0.16 1.53%

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 Net Debt and its Retained Earnings 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.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synalloy Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.

The correlation between Synalloy's Net Debt and Retained Earnings is 0.25. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Synalloy, assuming nothing else is changed. The correlation between historical values of Synalloy's Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Synalloy are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Synalloy's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.25

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Expense	1.5M	2.7M	4.2M	4.4M
Depreciation And Amortization	10.8M	8.3M	7.7M	4.5M

Interest Expense Depreciation And Amortization

Synalloy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Accounts Payable	Common Stock	Current Deferred Revenue	Good Will	Intangible Assets
Total Assets		0.88	0.49	0.86	0.86	0.9	0.88	0.57	0.81	-0.15	0.82	0.51	0.91	0.95	0.51	0.5	0.95	0.96	0.2	0.39	0.39	0.73	0.62	-0.54	0.44	0.38
Short Long Term Debt Total	0.88		0.44	0.68	0.54	0.88	1.0	0.26	0.75	-0.1	0.69	0.5	0.99	0.85	0.52	0.45	0.97	0.84	0.18	0.36	0.36	0.56	0.38	-0.46	0.26	0.33
Other Current Liab	0.49	0.44		0.47	0.41	0.39	0.44	0.2	0.42	-0.11	0.19	0.4	0.44	0.44	0.46	0.33	0.47	0.45	-0.31	0.21	0.21	0.15	0.31	-0.09	0.35	0.35
Total Current Liabilities	0.86	0.68	0.47		0.72	0.7	0.68	0.47	0.68	-0.3	0.77	0.41	0.72	0.83	0.21	0.42	0.82	0.84	0.27	0.17	0.17	0.91	0.51	-0.49	0.42	0.62
Total Stockholder Equity	0.86	0.54	0.41	0.72		0.73	0.54	0.78	0.69	-0.12	0.68	0.42	0.59	0.78	0.49	0.46	0.65	0.81	0.19	0.32	0.32	0.58	0.74	-0.46	0.49	0.31
Property Plant And Equipment Net	0.9	0.88	0.39	0.7	0.73		0.88	0.34	0.87	0.03	0.62	0.64	0.88	0.79	0.48	0.62	0.88	0.78	0.21	0.31	0.31	0.59	0.69	-0.59	0.28	0.42
Net Debt	0.88	1.0	0.44	0.68	0.54	0.88		0.25	0.75	-0.1	0.68	0.5	0.99	0.85	0.52	0.44	0.97	0.84	0.19	0.35	0.35	0.56	0.37	-0.46	0.25	0.34
Retained Earnings	0.57	0.26	0.2	0.47	0.78	0.34	0.25		0.42	-0.2	0.61	-0.16	0.31	0.52	0.32	-0.09	0.37	0.59	0.2	0.15	0.15	0.32	0.24	-0.11	0.57	0.16
Non Current Assets Total	0.81	0.75	0.42	0.68	0.69	0.87	0.75	0.42		0.33	0.6	0.56	0.75	0.66	0.36	0.69	0.77	0.67	0.12	0.35	0.35	0.53	0.68	-0.57	0.55	0.53
Non Currrent Assets Other	-0.15	-0.1	-0.11	-0.3	-0.12	0.03	-0.1	-0.2	0.33		-0.13	0.27	-0.1	-0.29	-0.11	0.43	-0.15	-0.27	-0.42	0.42	0.42	-0.23	0.31	-0.19	0.18	-0.12
Net Receivables	0.82	0.69	0.19	0.77	0.68	0.62	0.68	0.61	0.6	-0.13		0.1	0.75	0.77	0.16	0.21	0.79	0.84	0.14	0.55	0.55	0.77	0.36	-0.27	0.54	0.12
Common Stock Shares Outstanding	0.51	0.5	0.4	0.41	0.42	0.64	0.5	-0.16	0.56	0.27	0.1		0.48	0.49	0.46	0.86	0.49	0.43	0.0	0.23	0.23	0.37	0.76	-0.72	-0.07	0.36
Non Current Liabilities Total	0.91	0.99	0.44	0.72	0.59	0.88	0.99	0.31	0.75	-0.1	0.75	0.48		0.88	0.49	0.43	0.99	0.88	0.14	0.41	0.41	0.62	0.41	-0.47	0.31	0.28
Inventory	0.95	0.85	0.44	0.83	0.78	0.79	0.85	0.52	0.66	-0.29	0.77	0.49	0.88		0.54	0.45	0.91	0.99	0.18	0.33	0.33	0.74	0.52	-0.6	0.24	0.36
Other Current Assets	0.51	0.52	0.46	0.21	0.49	0.48	0.52	0.32	0.36	-0.11	0.16	0.46	0.49	0.54		0.33	0.45	0.53	-0.01	0.08	0.08	-0.01	0.29	-0.28	0.01	-0.04
Other Stockholder Equity	0.5	0.45	0.33	0.42	0.46	0.62	0.44	-0.09	0.69	0.43	0.21	0.86	0.43	0.45	0.33		0.45	0.41	-0.11	0.36	0.36	0.4	0.83	-0.71	0.07	0.36
Total Liab	0.95	0.97	0.47	0.82	0.65	0.88	0.97	0.37	0.77	-0.15	0.79	0.49	0.99	0.91	0.45	0.45		0.92	0.18	0.38	0.38	0.71	0.46	-0.5	0.35	0.37
Total Current Assets	0.96	0.84	0.45	0.84	0.81	0.78	0.84	0.59	0.67	-0.27	0.84	0.43	0.88	0.99	0.53	0.41	0.92		0.14	0.39	0.39	0.74	0.51	-0.54	0.33	0.29
Short Term Debt	0.2	0.18	-0.31	0.27	0.19	0.21	0.19	0.2	0.12	-0.42	0.14	0.0	0.14	0.18	-0.01	-0.11	0.18	0.14		-0.38	-0.38	0.23	-0.09	-0.04	0.16	0.36
Cash	0.39	0.36	0.21	0.17	0.32	0.31	0.35	0.15	0.35	0.42	0.55	0.23	0.41	0.33	0.08	0.36	0.38	0.39	-0.38		1.0	0.18	0.38	-0.05	0.36	-0.36
Cash And Short Term Investments	0.39	0.36	0.21	0.17	0.32	0.31	0.35	0.15	0.35	0.42	0.55	0.23	0.41	0.33	0.08	0.36	0.38	0.39	-0.38	1.0		0.18	0.38	-0.05	0.36	-0.36
Accounts Payable	0.73	0.56	0.15	0.91	0.58	0.59	0.56	0.32	0.53	-0.23	0.77	0.37	0.62	0.74	-0.01	0.4	0.71	0.74	0.23	0.18	0.18		0.51	-0.59	0.23	0.47
Common Stock	0.62	0.38	0.31	0.51	0.74	0.69	0.37	0.24	0.68	0.31	0.36	0.76	0.41	0.52	0.29	0.83	0.46	0.51	-0.09	0.38	0.38	0.51		-0.7	0.22	0.26
Current Deferred Revenue	-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	-0.7		0.15	-0.43
Good Will	0.44	0.26	0.35	0.42	0.49	0.28	0.25	0.57	0.55	0.18	0.54	-0.07	0.31	0.24	0.01	0.07	0.35	0.33	0.16	0.36	0.36	0.23	0.22	0.15		0.17
Intangible Assets	0.38	0.33	0.35	0.62	0.31	0.42	0.34	0.16	0.53	-0.12	0.12	0.36	0.28	0.36	-0.04	0.36	0.37	0.29	0.36	-0.36	-0.36	0.47	0.26	-0.43	0.17

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Synalloy Account Relationship Matchups

Synalloy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	257.2M	207.0M	266.0M	269.0M	175.9M	116.0M
Short Long Term Debt Total	113.4M	95.1M	105.2M	105.4M	31.4M	27.7M
Other Current Liab	11.5M	10.0M	9.8M	13.9M	8.0M	6.4M
Total Current Liabilities	40.6M	31.1M	50.5M	33.5M	24.8M	22.3M
Total Stockholder Equity	106.5M	80.3M	111.6M	134.3M	107.4M	64.0M
Property Plant And Equipment Net	76.5M	66.9M	74.5M	71.6M	57.5M	30.0M
Net Debt	112.8M	94.8M	103.2M	104.0M	29.5M	26.8M
Retained Earnings	70.6M	42.8M	63.1M	85.1M	58.5M	52.8M
Non Current Assets Total	110.1M	80.1M	106.0M	98.7M	86.5M	90.8M
Non Currrent Assets Other	348K	455K	4.5M	4.0M	20.5M	21.5M
Net Receivables	35.1M	28.2M	50.1M	33.2M	26.6M	21.7M
Common Stock Shares Outstanding	9.0M	9.1M	9.5M	10.4M	10.1M	8.6M
Liabilities And Stockholders Equity	257.2M	207.0M	266.0M	269.0M	163.3M	115.6M
Non Current Liabilities Total	110.1M	95.6M	103.9M	101.3M	43.7M	29.7M
Inventory	98.2M	85.1M	103.2M	114.5M	52.3M	46.9M
Other Current Assets	13.2M	26.8M	4.6M	68.1M	8.7M	6.4M
Other Stockholder Equity	25.7M	27.2M	37.4M	38.0M	37.8M	39.7M
Total Liab	150.7M	126.7M	154.4M	134.8M	68.5M	52.0M
Total Current Assets	147.1M	126.9M	160.0M	170.4M	89.4M	74.2M
Short Term Debt	7.8M	886K	3.8M	4.1M	360K	342K
Cash	626K	236K	2.0M	1.4M	1.9M	956.9K
Cash And Short Term Investments	626K	236K	2.0M	1.4M	1.9M	956.9K
Accounts Payable	21.2M	19.7M	32.3M	14.1M	16.4M	12.9M
Current Deferred Revenue	153K	298K	441K	304K	62K	58.9K
Intangible Assets	15.7M	11.4M	14.4M	10.4M	8.5M	12.9M
Other Assets	348K	455K	4.5M	1.0	1.15	1.09
Long Term Debt	71.6M	60.5M	67.9M	69.1M	62.2M	55.3M
Capital Lease Obligations	37.9M	33.7M	34.8M	33.5M	38.5M	30.8M
Net Invested Capital	182.1M	140.8M	179.5M	203.7M	234.3M	194.7M
Non Current Liabilities Other	3.7M	379K	89K	68K	61.2K	58.1K
Net Working Capital	106.5M	95.8M	109.5M	136.9M	157.4M	127.4M

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