Synchronoss Non Recurring vs Income Tax Expense Analysis

SNCRL Stock  USD 24.88  0.17  0.69%   
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 Non Recurring and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchronoss Technologies 8375. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Synchronoss Stock please use our How to buy in Synchronoss Stock guide.

Non Recurring vs Income Tax Expense

Non Recurring vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synchronoss Technologies Non Recurring account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Synchronoss Technologies' Non Recurring and Income Tax Expense is 0.05. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Synchronoss Technologies 8375, assuming nothing else is changed. The correlation between historical values of Synchronoss Technologies' Non Recurring and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Synchronoss Technologies 8375 are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Non Recurring i.e., Synchronoss Technologies' Non Recurring and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Recurring

Income Tax Expense

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 8375. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Synchronoss Stock please use our How to buy in Synchronoss Stock guide.At this time, Synchronoss Technologies' Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 143.23 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.22.
 2021 2022 2023 2024 (projected)
Interest Expense6.4M13.6M14.0M14.7M
Depreciation And Amortization34.8M14.8M16.8M33.4M

Synchronoss Technologies fundamental ratios Correlations

0.890.540.720.60.860.780.410.760.90.460.160.540.50.890.960.110.830.880.350.80.520.920.60.220.66
0.890.710.860.40.570.490.190.550.940.32-0.250.780.530.850.820.030.860.940.560.50.290.890.520.180.4
0.540.710.50.370.330.160.230.470.570.48-0.40.490.380.480.540.290.490.650.350.20.310.520.40.670.32
0.720.860.50.110.390.36-0.170.370.80.18-0.350.890.210.790.56-0.330.820.750.620.340.280.860.59-0.080.04
0.60.40.370.110.740.70.660.660.390.480.55-0.210.380.370.710.390.290.42-0.070.690.560.390.330.570.91
0.860.570.330.390.740.930.560.850.640.610.510.170.30.740.860.240.620.60.010.960.710.730.60.340.79
0.780.490.160.360.70.930.490.610.60.30.630.160.380.730.750.220.650.60.160.990.570.70.420.280.69
0.410.190.23-0.170.660.560.490.490.150.280.59-0.250.240.070.620.7-0.020.32-0.280.530.250.08-0.110.530.81
0.760.550.470.370.660.850.610.490.560.890.230.120.160.580.80.090.440.47-0.180.670.680.610.730.340.75
0.90.940.570.80.390.640.60.150.560.32-0.120.730.630.890.81-0.070.880.940.530.60.250.920.490.090.42
0.460.320.480.180.480.610.30.280.890.320.04-0.02-0.020.320.5-0.030.180.18-0.310.390.660.360.690.340.54
0.16-0.25-0.4-0.350.550.510.630.590.23-0.120.04-0.540.02-0.050.280.32-0.13-0.09-0.340.610.35-0.06-0.130.210.6
0.540.780.490.89-0.210.170.16-0.250.120.73-0.02-0.540.210.680.38-0.250.740.710.650.15-0.020.710.37-0.12-0.21
0.50.530.380.210.380.30.380.240.160.63-0.020.020.210.490.450.130.560.70.570.34-0.150.49-0.150.150.38
0.890.850.480.790.370.740.730.070.580.890.32-0.050.680.490.73-0.050.980.830.530.720.420.970.660.080.35
0.960.820.540.560.710.860.750.620.80.810.50.280.380.450.730.310.650.80.150.790.530.760.510.350.81
0.110.030.29-0.330.390.240.220.70.09-0.07-0.030.32-0.250.13-0.050.31-0.110.11-0.240.280.17-0.15-0.160.640.5
0.830.860.490.820.290.620.65-0.020.440.880.18-0.130.740.560.980.65-0.110.870.70.630.310.970.550.040.23
0.880.940.650.750.420.60.60.320.470.940.18-0.090.710.70.830.80.110.870.640.580.170.870.30.240.43
0.350.560.350.62-0.070.010.16-0.28-0.180.53-0.31-0.340.650.570.530.15-0.240.70.640.1-0.160.59-0.03-0.09-0.23
0.80.50.20.340.690.960.990.530.670.60.390.610.150.340.720.790.280.630.580.10.640.70.460.290.73
0.520.290.310.280.560.710.570.250.680.250.660.35-0.02-0.150.420.530.170.310.17-0.160.640.440.720.360.56
0.920.890.520.860.390.730.70.080.610.920.36-0.060.710.490.970.76-0.150.970.870.590.70.440.640.070.36
0.60.520.40.590.330.60.42-0.110.730.490.69-0.130.37-0.150.660.51-0.160.550.3-0.030.460.720.640.120.28
0.220.180.67-0.080.570.340.280.530.340.090.340.21-0.120.150.080.350.640.040.24-0.090.290.360.070.120.5
0.660.40.320.040.910.790.690.810.750.420.540.6-0.210.380.350.810.50.230.43-0.230.730.560.360.280.5
Click cells to compare fundamentals

Synchronoss Technologies Account Relationship Matchups

Synchronoss Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets523.0M482.3M450.7M398.1M310.3M449.0M
Total Stockholder Equity277.7M280.9M163.3M136.4M85.4M81.2M
Common Stock Shares Outstanding4.5M4.7M7.2M1.1M9.7M9.3M
Liabilities And Stockholders Equity523.0M482.3M450.7M398.1M310.3M449.0M
Other Stockholder Equity443.7M417.3M492.5M488.9M483.5M292.0M
Total Liab232.8M201.3M274.9M249.1M212.4M172.6M
Short Long Term Debt Total61.0M54.3M169.2M169.7M166.2M101.8M
Other Current Liab48.3M56.0M52.6M62.1M32.4M30.3M
Total Current Liabilities144.2M92.1M73.0M80.5M47.7M69.9M
Property Plant And Equipment Net80.5M34.5M26.4M20.9M18.5M17.5M
Current Deferred Revenue65.9M33.0M22.4M14.2M1.1M1.0M
Net Debt22.0M20.6M137.7M147.8M141.6M148.7M
Retained Earnings(334.3M)(345.8M)(368.7M)(376.6M)(431.2M)(409.6M)
Accounts Payable21.6M12.7M11.1M9.7M7.5M10.5M
Cash39.0M33.7M31.5M21.9M24.6M23.3M
Non Current Assets Total389.1M400.7M371.6M329.1M228.3M304.0M
Non Currrent Assets Other8.1M133.4M120.7M97.4M3.7M3.6M
Cash And Short Term Investments39.0M33.7M31.5M21.9M24.6M23.3M
Net Receivables65.9M47.8M47.6M47.0M23.5M22.3M
Non Current Liabilities Total88.6M109.3M201.9M168.6M164.7M122.7M
Other Current Assets4.8M79.7M85.8M36.3M34.0M35.0M
Total Current Assets133.9M81.5M79.1M68.9M82.0M77.9M
Accumulated Other Comprehensive Income(32.5M)(28.2M)(33.0M)(44.1M)(25.7M)(24.4M)
Short Term Debt8.5M20.1M7.5M5.7M6.4M6.1M
Good Will223.0M232.8M224.6M210.9M183.9M168.3M
Intangible Assets77.6M69.6M60.3M47.5M22.2M21.1M
Inventory24.2M(39.8M)(42.9M)(36.3M)(34.0M)(32.3M)

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When determining whether Synchronoss Technologies is a strong investment it is important to analyze Synchronoss Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Synchronoss Technologies' future performance. For an informed investment choice regarding Synchronoss Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchronoss Technologies 8375. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Synchronoss Stock please use our How to buy in Synchronoss Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Business Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Synchronoss Technologies. If investors know Synchronoss will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Synchronoss Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Synchronoss Technologies is measured differently than its book value, which is the value of Synchronoss that is recorded on the company's balance sheet. Investors also form their own opinion of Synchronoss Technologies' value that differs from its market value or its book value, called intrinsic value, which is Synchronoss Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Synchronoss Technologies' market value can be influenced by many factors that don't directly affect Synchronoss Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Synchronoss Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Synchronoss Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synchronoss Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.