Syntec Net Receivables vs Net Debt Analysis

OPTX Stock

0.88 0.02 2.22%

Syntec Optics financial indicator trend analysis is much more than just breaking down Syntec Optics Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Syntec Optics Holdings is a good investment. Please check the relationship between Syntec Optics Net Receivables and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Syntec Optics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Syntec Optics Holdings Net Receivables account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Syntec Optics' Net Receivables and Net Debt is -0.98. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt in the same time period over historical financial statements of Syntec Optics Holdings, assuming nothing else is changed. The correlation between historical values of Syntec Optics' Net Receivables and Net Debt 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 Receivables of Syntec Optics Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., Syntec Optics' Net Receivables and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.98

Relationship Direction	Negative
Relationship Strength	Significant

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Net Receivables

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.

Most indicators from Syntec Optics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Syntec Optics Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Syntec Optics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Syntec Optics' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 194.7 M in 2024, despite the fact that Tax Provision is likely to grow to (683.2 K).

	2010	2022	2023	2024 (projected)
Interest Expense	194.8K	336.0K	654.8K	434.7K
Depreciation And Amortization	3.2M	3.1M	2.8M	2.4M

Interest Expense Depreciation And Amortization

Syntec Optics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		0.82	-0.26	1.0	-0.31	0.87	-0.58	0.66	0.89	0.15	0.88	0.88	-0.82	0.84	0.88	-0.71	-0.83	0.7	0.8	0.02	0.45	-0.81	0.91	1.0	-0.76	0.79
Short Long Term Debt Total	0.82		-0.74	0.79	-0.74	1.0	-0.94	0.95	0.95	-0.36	0.69	0.99	-0.98	0.97	0.69	-0.98	-0.94	0.98	1.0	-0.44	0.85	-1.0	0.98	0.83	-0.88	0.98
Other Current Liab	-0.26	-0.74		-0.21	0.99	-0.69	0.89	-0.9	-0.52	0.89	-0.05	-0.66	0.64	-0.62	-0.05	0.85	0.54	-0.81	-0.75	0.9	-0.98	0.73	-0.6	-0.3	0.74	-0.79
Total Current Liabilities	1.0	0.79	-0.21		-0.26	0.84	-0.54	0.62	0.88	0.2	0.89	0.86	-0.8	0.81	0.89	-0.67	-0.81	0.67	0.77	0.07	0.41	-0.78	0.89	0.99	-0.73	0.76
Total Stockholder Equity	-0.31	-0.74	0.99	-0.26		-0.7	0.85	-0.91	-0.5	0.89	-0.02	-0.67	0.62	-0.59	-0.02	0.83	0.5	-0.78	-0.73	0.93	-0.98	0.71	-0.6	-0.36	0.81	-0.82
Property Plant And Equipment Net	0.87	1.0	-0.69	0.84	-0.7		-0.91	0.93	0.96	-0.3	0.73	1.0	-0.98	0.97	0.73	-0.97	-0.94	0.96	0.99	-0.39	0.82	-0.99	0.99	0.87	-0.89	0.98
Current Deferred Revenue	-0.58	-0.94	0.89	-0.54	0.85	-0.91		-0.96	-0.84	0.58	-0.49	-0.89	0.92	-0.91	-0.49	0.98	0.86	-0.99	-0.95	0.6	-0.93	0.95	-0.87	-0.59	0.78	-0.92
Net Debt	0.66	0.95	-0.9	0.62	-0.91	0.93	-0.96		0.82	-0.62	0.44	0.92	-0.88	0.87	0.44	-0.98	-0.81	0.96	0.95	-0.69	0.97	-0.94	0.88	0.68	-0.92	0.98
Retained Earnings	0.89	0.95	-0.52	0.88	-0.5	0.96	-0.84	0.82		-0.08	0.87	0.97	-0.99	0.99	0.87	-0.9	-0.99	0.92	0.96	-0.15	0.66	-0.96	0.99	0.88	-0.74	0.89
Accounts Payable	0.15	-0.36	0.89	0.2	0.89	-0.3	0.58	-0.62	-0.08		0.41	-0.27	0.22	-0.19	0.41	0.51	0.09	-0.45	-0.37	0.98	-0.79	0.34	-0.18	0.1	0.49	-0.47
Cash	0.88	0.69	-0.05	0.89	-0.02	0.73	-0.49	0.44	0.87	0.41		0.75	-0.79	0.81	1.0	-0.57	-0.86	0.62	0.7	0.35	0.22	-0.72	0.81	0.83	-0.43	0.58
Non Current Assets Total	0.88	0.99	-0.66	0.86	-0.67	1.0	-0.89	0.92	0.97	-0.27	0.75		-0.97	0.97	0.75	-0.96	-0.94	0.95	0.99	-0.36	0.8	-0.99	1.0	0.89	-0.88	0.97
Non Currrent Assets Other	-0.82	-0.98	0.64	-0.8	0.62	-0.98	0.92	-0.88	-0.99	0.22	-0.79	-0.97		-1.0	-0.79	0.95	0.99	-0.97	-0.99	0.28	-0.76	0.99	-0.98	-0.81	0.77	-0.92
Long Term Debt	0.84	0.97	-0.62	0.81	-0.59	0.97	-0.91	0.87	0.99	-0.19	0.81	0.97	-1.0		0.81	-0.94	-0.99	0.96	0.98	-0.25	0.74	-0.99	0.98	0.82	-0.76	0.92
Cash And Short Term Investments	0.88	0.69	-0.05	0.89	-0.02	0.73	-0.49	0.44	0.87	0.41	1.0	0.75	-0.79	0.81		-0.57	-0.86	0.62	0.7	0.35	0.22	-0.72	0.81	0.83	-0.43	0.58
Net Receivables	-0.71	-0.98	0.85	-0.67	0.83	-0.97	0.98	-0.98	-0.9	0.51	-0.57	-0.96	0.95	-0.94	-0.57		0.89	-0.99	-0.99	0.57	-0.93	0.98	-0.93	-0.72	0.87	-0.98
Common Stock Shares Outstanding	-0.83	-0.94	0.54	-0.81	0.5	-0.94	0.86	-0.81	-0.99	0.09	-0.86	-0.94	0.99	-0.99	-0.86	0.89		-0.93	-0.95	0.14	-0.66	0.96	-0.96	-0.81	0.68	-0.86
Non Current Liabilities Total	0.7	0.98	-0.81	0.67	-0.78	0.96	-0.99	0.96	0.92	-0.45	0.62	0.95	-0.97	0.96	0.62	-0.99	-0.93		0.99	-0.49	0.89	-0.99	0.93	0.7	-0.8	0.95
Capital Lease Obligations	0.8	1.0	-0.75	0.77	-0.73	0.99	-0.95	0.95	0.96	-0.37	0.7	0.99	-0.99	0.98	0.7	-0.99	-0.95	0.99		-0.43	0.85	-1.0	0.98	0.8	-0.85	0.97
Inventory	0.02	-0.44	0.9	0.07	0.93	-0.39	0.6	-0.69	-0.15	0.98	0.35	-0.36	0.28	-0.25	0.35	0.57	0.14	-0.49	-0.43		-0.84	0.4	-0.27	-0.04	0.62	-0.56
Other Current Assets	0.45	0.85	-0.98	0.41	-0.98	0.82	-0.93	0.97	0.66	-0.79	0.22	0.8	-0.76	0.74	0.22	-0.93	-0.66	0.89	0.85	-0.84		-0.84	0.74	0.49	-0.86	0.9
Other Stockholder Equity	-0.81	-1.0	0.73	-0.78	0.71	-0.99	0.95	-0.94	-0.96	0.34	-0.72	-0.99	0.99	-0.99	-0.72	0.98	0.96	-0.99	-1.0	0.4	-0.84		-0.98	-0.81	0.84	-0.97
Total Liab	0.91	0.98	-0.6	0.89	-0.6	0.99	-0.87	0.88	0.99	-0.18	0.81	1.0	-0.98	0.98	0.81	-0.93	-0.96	0.93	0.98	-0.27	0.74	-0.98		0.91	-0.85	0.95
Net Invested Capital	1.0	0.83	-0.3	0.99	-0.36	0.87	-0.59	0.68	0.88	0.1	0.83	0.89	-0.81	0.82	0.83	-0.72	-0.81	0.7	0.8	-0.04	0.49	-0.81	0.91		-0.81	0.81
Property Plant And Equipment Gross	-0.76	-0.88	0.74	-0.73	0.81	-0.89	0.78	-0.92	-0.74	0.49	-0.43	-0.88	0.77	-0.76	-0.43	0.87	0.68	-0.8	-0.85	0.62	-0.86	0.84	-0.85	-0.81		-0.95
Short Long Term Debt	0.79	0.98	-0.79	0.76	-0.82	0.98	-0.92	0.98	0.89	-0.47	0.58	0.97	-0.92	0.92	0.58	-0.98	-0.86	0.95	0.97	-0.56	0.9	-0.97	0.95	0.81	-0.95

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Syntec Optics Account Relationship Matchups

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Syntec Net Receivables vs Net Debt Analysis

Net Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Net Debt

Syntec Optics fundamental ratios Correlations

Syntec Optics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Syntec Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Other Stockholder Equity	- 1.0	Capital Lease Obligations
Long Term Debt	- 1.0	Non Currrent Assets Other
Other Stockholder Equity	- 1.0	Short Long Term Debt Total
Other Stockholder Equity	- 0.99	Non Current Liabilities Total
Capital Lease Obligations	- 0.99	Net Receivables
Non Current Liabilities Total	- 0.99	Net Receivables