Scilex Capital Lease Obligations vs Cash Analysis
| SCLX Stock | 0.52 0.03 5.45% |
Scilex Holding financial indicator trend analysis is much more than just breaking down Scilex Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scilex Holding is a good investment. Please check the relationship between Scilex Holding Capital Lease Obligations and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scilex Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Scilex Stock please use our How to Invest in Scilex Holding guide.
Capital Lease Obligations vs Cash
Capital Lease Obligations vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scilex Holding Capital Lease Obligations account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Scilex Holding's Capital Lease Obligations and Cash is 0.23. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Cash in the same time period over historical financial statements of Scilex Holding, assuming nothing else is changed. The correlation between historical values of Scilex Holding's Capital Lease Obligations and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Scilex Holding are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Capital Lease Obligations i.e., Scilex Holding's Capital Lease Obligations and Cash go up and down completely randomly.
Correlation Coefficient | 0.23 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Capital Lease Obligations
Scilex Holding capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Scilex Holding asset purchases. For example, Scilex Holding can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Scilex Holding control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Cash
Cash refers to the most liquid asset of Scilex Holding, which is listed under current asset account on Scilex Holding balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Scilex Holding customers. The amounts must be unrestricted with restricted cash listed in a different Scilex Holding account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Scilex Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scilex Holding 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 Scilex Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Scilex Stock please use our How to Invest in Scilex Holding guide.At this time, Scilex Holding's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 37.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 75.4 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 39.8M | 9.6M | 1.1M | 1.0M | Depreciation And Amortization | 4.2M | 4.5M | 4.1M | 4.6M |
Scilex Holding fundamental ratios Correlations
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Scilex Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Scilex Holding's price analysis, check to measure Scilex Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Scilex Holding is operating at the current time. Most of Scilex Holding's value examination focuses on studying past and present price action to predict the probability of Scilex Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scilex Holding's price. Additionally, you may evaluate how the addition of Scilex Holding to your portfolios can decrease your overall portfolio volatility.