Scilex Net Income vs Stock Based Compensation Analysis

SCLXW Stock   0.27  0.01  3.85%   
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 Net Income and its Stock Based Compensation 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 interest.
For more information on how to buy Scilex Stock please use our How to Invest in Scilex Holding guide.

Net Income vs Stock Based Compensation

Net Income vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scilex Holding Net Income account and Stock Based Compensation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Scilex Holding's Net Income and Stock Based Compensation is 0.35. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Stock Based Compensation 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 Net Income and Stock Based Compensation 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 Income of Scilex Holding are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Income i.e., Scilex Holding's Net Income and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Scilex Holding financial statement analysis. It represents the amount of money remaining after all of Scilex Holding operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
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 interest.
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 climb 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 Expense39.8M9.6M1.1M1.0M
Depreciation And Amortization4.2M4.5M4.1M4.6M

Scilex Holding fundamental ratios Correlations

-0.710.43-0.61-0.550.18-0.270.420.9-0.820.691.0-0.640.790.69-0.620.940.75-0.18-0.64-0.25-0.580.20.53-0.31-0.58
-0.71-0.390.50.7-0.010.74-0.38-0.880.95-0.58-0.680.83-0.87-0.580.95-0.83-0.840.660.810.60.74-0.14-0.330.770.8
0.43-0.390.10.15-0.810.291.00.47-0.240.920.37-0.80.740.92-0.420.270.790.38-0.09-0.78-0.870.92-0.420.25-0.64
-0.610.50.10.93-0.570.40.11-0.730.57-0.29-0.640.37-0.49-0.290.61-0.55-0.430.330.9-0.30.290.47-0.920.420.58
-0.550.70.150.93-0.560.710.16-0.750.74-0.21-0.580.44-0.54-0.210.77-0.62-0.470.650.97-0.10.330.5-0.850.730.63
0.18-0.01-0.81-0.57-0.56-0.44-0.810.09-0.24-0.530.250.45-0.28-0.530.050.27-0.36-0.48-0.350.740.55-0.890.84-0.420.28
-0.270.740.290.40.71-0.440.29-0.460.750.11-0.280.28-0.320.110.66-0.56-0.260.990.660.20.140.43-0.431.00.33
0.42-0.381.00.110.16-0.810.290.46-0.240.920.36-0.80.730.92-0.410.270.790.39-0.08-0.78-0.860.92-0.420.25-0.63
0.9-0.880.47-0.73-0.750.09-0.460.46-0.890.760.89-0.840.930.76-0.890.880.9-0.35-0.86-0.38-0.770.150.53-0.5-0.85
-0.820.95-0.240.570.74-0.240.75-0.24-0.89-0.49-0.810.69-0.79-0.490.85-0.95-0.740.680.790.430.58-0.01-0.490.780.65
0.69-0.580.92-0.29-0.21-0.530.110.920.76-0.490.65-0.910.911.0-0.640.530.930.23-0.43-0.64-0.940.71-0.030.06-0.82
1.0-0.680.37-0.64-0.580.25-0.280.360.89-0.810.65-0.590.750.65-0.60.940.71-0.19-0.64-0.18-0.530.140.58-0.32-0.55
-0.640.83-0.80.370.440.450.28-0.8-0.840.69-0.91-0.59-0.98-0.910.88-0.6-0.990.160.640.750.99-0.54-0.030.320.95
0.79-0.870.74-0.49-0.54-0.28-0.320.730.93-0.790.910.75-0.980.91-0.890.741.0-0.2-0.72-0.66-0.950.460.2-0.37-0.93
0.69-0.580.92-0.29-0.21-0.530.110.920.76-0.491.00.65-0.910.91-0.640.530.930.23-0.43-0.64-0.940.71-0.030.06-0.82
-0.620.95-0.420.610.770.050.66-0.41-0.890.85-0.64-0.60.88-0.89-0.64-0.69-0.870.560.890.540.81-0.1-0.360.690.92
0.94-0.830.27-0.55-0.620.27-0.560.270.88-0.950.530.94-0.60.740.53-0.690.69-0.49-0.67-0.33-0.510.090.52-0.59-0.53
0.75-0.840.79-0.43-0.47-0.36-0.260.790.9-0.740.930.71-0.991.00.93-0.870.69-0.14-0.66-0.7-0.970.530.12-0.31-0.93
-0.180.660.380.330.65-0.480.990.39-0.350.680.23-0.190.16-0.20.230.56-0.49-0.140.570.140.020.48-0.40.980.21
-0.640.81-0.090.90.97-0.350.66-0.08-0.860.79-0.43-0.640.64-0.72-0.430.89-0.67-0.660.570.10.550.29-0.730.680.8
-0.250.6-0.78-0.3-0.10.740.2-0.78-0.380.43-0.64-0.180.75-0.66-0.640.54-0.33-0.70.140.10.76-0.780.550.230.55
-0.580.74-0.870.290.330.550.14-0.86-0.770.58-0.94-0.530.99-0.95-0.940.81-0.51-0.970.020.550.76-0.630.060.180.93
0.2-0.140.920.470.5-0.890.430.920.15-0.010.710.14-0.540.460.71-0.10.090.530.480.29-0.78-0.63-0.690.4-0.3
0.53-0.33-0.42-0.92-0.850.84-0.43-0.420.53-0.49-0.030.58-0.030.2-0.03-0.360.520.12-0.4-0.730.550.06-0.69-0.44-0.24
-0.310.770.250.420.73-0.421.00.25-0.50.780.06-0.320.32-0.370.060.69-0.59-0.310.980.680.230.180.4-0.440.37
-0.580.8-0.640.580.630.280.33-0.63-0.850.65-0.82-0.550.95-0.93-0.820.92-0.53-0.930.210.80.550.93-0.3-0.240.37
Click cells to compare fundamentals

Scilex Holding Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Scilex Stock Analysis

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.