Synchronoss Capital Expenditures vs Stock Based Compensation Analysis

SNCR Stock

USD 9.88 0.07 0.71%

Synchronoss Technologies financial indicator trend analysis is much more than just breaking down Synchronoss Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synchronoss Technologies is a good investment. Please check the relationship between Synchronoss Technologies Capital Expenditures and its Stock Based Compensation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchronoss Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Synchronoss Stock, please use our How to Invest in Synchronoss Technologies guide.

Capital Expenditures vs Stock Based Compensation

Capital Expenditures vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synchronoss Technologies Capital Expenditures account and Stock Based Compensation. At this time, the significance of the direction appears to have strong relationship.

The correlation between Synchronoss Technologies' Capital Expenditures and Stock Based Compensation is 0.72. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Synchronoss Technologies, assuming nothing else is changed. The correlation between historical values of Synchronoss Technologies' Capital Expenditures 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 Capital Expenditures of Synchronoss Technologies 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 Capital Expenditures i.e., Synchronoss Technologies' Capital Expenditures and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Synchronoss Technologies to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Synchronoss Technologies operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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 Synchronoss Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synchronoss Technologies 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 Synchronoss Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Synchronoss Stock, please use our How to Invest in Synchronoss Technologies guide.At this time, Synchronoss Technologies' Tax Provision is relatively stable compared to the past year. As of 11/29/2024, Enterprise Value Over EBITDA is likely to grow to 143.23, while Discontinued Operations is likely to drop slightly above 15.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	171.6M	160.9M	122.0M	141.9M
Total Revenue	280.6M	252.6M	164.2M	247.8M

Gross Profit Total Revenue

Synchronoss Technologies fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	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 Total Equity	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross	Preferred Stock Total Equity
Total Assets		0.89	0.22	0.72	0.24	0.85	0.8	0.49	0.76	0.9	0.46	0.16	0.54	0.51	0.88	0.96	0.11	0.76	0.84	0.87	-0.13	0.35	0.8	0.41	0.88	-0.33
Total Stockholder Equity	0.89		0.08	0.86	0.18	0.56	0.54	0.24	0.54	0.94	0.32	-0.25	0.78	0.38	0.85	0.81	0.03	0.5	0.83	0.94	-0.43	0.56	0.49	0.22	0.85	-0.62
Other Assets	0.22	0.08		-0.1	0.15	0.4	0.39	0.62	0.16	0.06	0.08	0.44	-0.08	0.24	0.08	0.35	0.75	0.41	0.09	0.2	0.18	-0.12	0.45	0.24	-0.08	-0.01
Common Stock Shares Outstanding	0.72	0.86	-0.1		-0.14	0.4	0.44	-0.05	0.37	0.79	0.19	-0.35	0.89	0.37	0.79	0.56	-0.33	0.24	0.83	0.75	-0.48	0.61	0.35	0.15	0.73	-0.76
Other Stockholder Equity	0.24	0.18	0.15	-0.14		0.23	0.27	0.25	0.14	0.17	-0.03	0.37	-0.24	-0.43	0.09	0.35	0.45	0.31	-0.07	0.29	0.44	0.05	0.29	0.43	0.23	0.46
Total Liab	0.85	0.56	0.4	0.4	0.23		0.91	0.68	0.85	0.63	0.62	0.5	0.16	0.58	0.73	0.86	0.22	0.87	0.68	0.58	0.12	0.0	0.96	0.56	0.64	0.03
Short Long Term Debt Total	0.8	0.54	0.39	0.44	0.27	0.91		0.49	0.61	0.65	0.3	0.55	0.22	0.51	0.79	0.75	0.16	0.9	0.75	0.61	0.21	0.21	0.97	0.46	0.7	-0.07
Other Current Liab	0.49	0.24	0.62	-0.05	0.25	0.68	0.49		0.64	0.2	0.45	0.58	-0.2	0.45	0.16	0.68	0.58	0.63	0.15	0.31	0.32	-0.32	0.61	0.27	0.2	0.22
Total Current Liabilities	0.76	0.54	0.16	0.37	0.14	0.85	0.61	0.64		0.55	0.88	0.23	0.11	0.58	0.57	0.8	0.08	0.61	0.52	0.46	0.01	-0.19	0.67	0.47	0.52	0.07
Property Plant And Equipment Net	0.9	0.94	0.06	0.79	0.17	0.63	0.65	0.2	0.55		0.32	-0.13	0.73	0.42	0.89	0.8	-0.07	0.62	0.86	0.94	-0.4	0.53	0.6	0.18	0.94	-0.56
Current Deferred Revenue	0.46	0.32	0.08	0.19	-0.03	0.62	0.3	0.45	0.88	0.32		0.02	-0.02	0.53	0.32	0.5	-0.03	0.33	0.3	0.18	-0.15	-0.31	0.38	0.43	0.22	0.14
Net Debt	0.16	-0.25	0.44	-0.35	0.37	0.5	0.55	0.58	0.23	-0.13	0.02		-0.55	0.11	-0.06	0.28	0.32	0.53	-0.11	-0.09	0.79	-0.34	0.61	0.35	0.04	0.62
Retained Earnings	0.54	0.78	-0.08	0.89	-0.24	0.16	0.22	-0.2	0.11	0.73	-0.02	-0.55		0.17	0.68	0.37	-0.25	0.06	0.7	0.71	-0.75	0.65	0.14	-0.09	0.59	-0.91
Accounts Payable	0.51	0.38	0.24	0.37	-0.43	0.58	0.51	0.45	0.58	0.42	0.53	0.11	0.17		0.47	0.46	-0.14	0.58	0.6	0.33	-0.07	0.07	0.47	-0.01	0.41	-0.3
Cash	0.88	0.85	0.08	0.79	0.09	0.73	0.79	0.16	0.57	0.89	0.32	-0.06	0.68	0.47		0.73	-0.05	0.68	0.97	0.83	-0.32	0.53	0.72	0.31	0.85	-0.51
Non Current Assets Total	0.96	0.81	0.35	0.56	0.35	0.86	0.75	0.68	0.8	0.8	0.5	0.28	0.37	0.46	0.73		0.31	0.75	0.67	0.8	-0.01	0.15	0.79	0.44	0.79	-0.17
Non Currrent Assets Other	0.11	0.03	0.75	-0.33	0.45	0.22	0.16	0.58	0.08	-0.07	-0.03	0.32	-0.25	-0.14	-0.05	0.31		0.3	-0.14	0.11	0.23	-0.24	0.27	0.32	-0.14	0.24
Long Term Debt	0.76	0.5	0.41	0.24	0.31	0.87	0.9	0.63	0.61	0.62	0.33	0.53	0.06	0.58	0.68	0.75	0.3		0.66	0.62	0.19	0.18	0.91	0.34	0.68	0.02
Cash And Short Term Investments	0.84	0.83	0.09	0.83	-0.07	0.68	0.75	0.15	0.52	0.86	0.3	-0.11	0.7	0.6	0.97	0.67	-0.14	0.66		0.81	-0.36	0.61	0.66	0.22	0.81	-0.6
Net Receivables	0.87	0.94	0.2	0.75	0.29	0.58	0.61	0.31	0.46	0.94	0.18	-0.09	0.71	0.33	0.83	0.8	0.11	0.62	0.81		-0.35	0.64	0.58	0.16	0.85	-0.57
Common Stock Total Equity	-0.13	-0.43	0.18	-0.48	0.44	0.12	0.21	0.32	0.01	-0.4	-0.15	0.79	-0.75	-0.07	-0.32	-0.01	0.23	0.19	-0.36	-0.35		-0.4	0.2	0.2	-0.18	0.73
Short Term Investments	0.35	0.56	-0.12	0.61	0.05	0.0	0.21	-0.32	-0.19	0.53	-0.31	-0.34	0.65	0.07	0.53	0.15	-0.24	0.18	0.61	0.64	-0.4		0.09	-0.1	0.47	-0.63
Non Current Liabilities Total	0.8	0.49	0.45	0.35	0.29	0.96	0.97	0.61	0.67	0.6	0.38	0.61	0.14	0.47	0.72	0.79	0.27	0.91	0.66	0.58	0.2	0.09		0.55	0.64	0.04
Other Current Assets	0.41	0.22	0.24	0.15	0.43	0.56	0.46	0.27	0.47	0.18	0.43	0.35	-0.09	-0.01	0.31	0.44	0.32	0.34	0.22	0.16	0.2	-0.1	0.55		0.17	0.37
Property Plant And Equipment Gross	0.88	0.85	-0.08	0.73	0.23	0.64	0.7	0.2	0.52	0.94	0.22	0.04	0.59	0.41	0.85	0.79	-0.14	0.68	0.81	0.85	-0.18	0.47	0.64	0.17		-0.41
Preferred Stock Total Equity	-0.33	-0.62	-0.01	-0.76	0.46	0.03	-0.07	0.22	0.07	-0.56	0.14	0.62	-0.91	-0.3	-0.51	-0.17	0.24	0.02	-0.6	-0.57	0.73	-0.63	0.04	0.37	-0.41

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Synchronoss Technologies Account Relationship Matchups

Synchronoss Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	523.0M	482.3M	450.7M	398.1M	310.3M	476.9M
Total Stockholder Equity	277.7M	280.9M	163.3M	136.4M	85.4M	81.2M
Other Assets	8.1M	46.8M	147.1M	97.4M	1.0	0.95
Common Stock Shares Outstanding	4.5M	4.7M	7.2M	1.1M	9.7M	9.3M
Liabilities And Stockholders Equity	523.0M	482.3M	450.7M	398.1M	310.3M	476.9M
Other Stockholder Equity	443.7M	417.3M	492.5M	488.9M	483.5M	277.6M
Total Liab	232.8M	201.3M	274.9M	249.1M	212.4M	189.8M
Short Long Term Debt Total	61.0M	54.3M	169.2M	169.7M	166.2M	118.8M
Other Current Liab	48.3M	56.0M	52.6M	62.1M	32.4M	33.0M
Total Current Liabilities	144.2M	92.1M	73.0M	80.5M	47.7M	77.0M
Property Plant And Equipment Net	80.5M	34.5M	26.4M	20.9M	18.5M	17.5M
Current Deferred Revenue	65.9M	33.0M	22.4M	14.2M	1.1M	1.0M
Net Debt	22.0M	20.6M	137.7M	147.8M	141.6M	148.7M
Retained Earnings	(334.3M)	(345.8M)	(368.7M)	(376.6M)	(431.2M)	(409.6M)
Accounts Payable	21.6M	12.7M	11.1M	9.7M	7.5M	14.3M
Cash	39.0M	33.7M	31.5M	21.9M	24.6M	23.3M
Non Current Assets Total	389.1M	400.7M	371.6M	329.1M	228.3M	321.5M
Non Currrent Assets Other	8.1M	133.4M	120.7M	97.4M	3.7M	3.6M
Cash And Short Term Investments	39.0M	33.7M	31.5M	21.9M	24.6M	23.3M
Net Receivables	65.9M	47.8M	47.6M	47.0M	23.5M	22.3M
Non Current Liabilities Total	88.6M	109.3M	201.9M	168.6M	164.7M	132.7M
Other Current Assets	4.8M	79.7M	85.8M	36.3M	34.0M	35.7M
Property Plant And Equipment Gross	80.5M	46.3M	26.4M	20.9M	75.6M	68.5M
Total Current Assets	133.9M	81.5M	79.1M	68.9M	82.0M	77.9M
Accumulated Other Comprehensive Income	(32.5M)	(28.2M)	(33.0M)	(44.1M)	(25.7M)	(24.4M)
Short Term Debt	8.5M	20.1M	7.5M	5.7M	6.4M	6.1M
Property Plant Equipment	26.5M	46.3M	26.4M	25.4M	29.3M	27.8M
Other Liab	28.2M	19.4M	32.7M	4.7M	5.4M	5.2M
Good Will	223.0M	232.8M	224.6M	210.9M	183.9M	174.1M
Intangible Assets	77.6M	69.6M	60.3M	47.5M	22.2M	21.1M
Net Tangible Assets	372.4M	(259.1M)	(133.8M)	(109.5M)	(98.5M)	(93.6M)
Retained Earnings Total Equity	(334.3M)	(345.8M)	(368.7M)	(376.6M)	(339.0M)	(322.0M)
Long Term Debt Total	238.9M	9.5M	133.1M	134.6M	154.8M	139.2M
Capital Surpluse	525.7M	499.3M	492.5M	488.8M	562.2M	525.0M

Pair Trading with Synchronoss Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Synchronoss Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Synchronoss Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Synchronoss Stock

0.88	SQ	Block Inc Sell-off Trend	Pair Corr
0.87	NN	Nextnav Acquisition Corp	Pair Corr
0.84	CETXP	Cemtrex Pref	Pair Corr
0.83	S	SentinelOne	Pair Corr
0.8	FFIV	F5 Networks	Pair Corr

The ability to find closely correlated positions to Synchronoss Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Synchronoss Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Synchronoss Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Synchronoss Technologies to buy it.

The correlation of Synchronoss Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Synchronoss Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Synchronoss Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Synchronoss Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Synchronoss Stock Analysis

When running Synchronoss Technologies' price analysis, check to measure Synchronoss Technologies' 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 Synchronoss Technologies is operating at the current time. Most of Synchronoss Technologies' value examination focuses on studying past and present price action to predict the probability of Synchronoss Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synchronoss Technologies' price. Additionally, you may evaluate how the addition of Synchronoss Technologies to your portfolios can decrease your overall portfolio volatility.

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