Synchronoss Roic vs Interest Coverage 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 Roic and its Interest Coverage 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.
Roic vs Interest Coverage
Roic vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synchronoss Technologies Roic account and Interest Coverage. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Synchronoss Technologies' Roic and Interest Coverage is -0.43. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Interest Coverage 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' Roic and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Synchronoss Technologies 8375 are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Roic i.e., Synchronoss Technologies' Roic and Interest Coverage go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Interest Coverage
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 Expense | 6.4M | 13.6M | 14.0M | 14.7M | Depreciation And Amortization | 34.8M | 14.8M | 16.8M | 33.4M |
Synchronoss Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Synchronoss Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Synchronoss Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 523.0M | 482.3M | 450.7M | 398.1M | 310.3M | 449.0M | |
Total Stockholder Equity | 277.7M | 280.9M | 163.3M | 136.4M | 85.4M | 81.2M | |
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 | 449.0M | |
Other Stockholder Equity | 443.7M | 417.3M | 492.5M | 488.9M | 483.5M | 292.0M | |
Total Liab | 232.8M | 201.3M | 274.9M | 249.1M | 212.4M | 172.6M | |
Short Long Term Debt Total | 61.0M | 54.3M | 169.2M | 169.7M | 166.2M | 101.8M | |
Other Current Liab | 48.3M | 56.0M | 52.6M | 62.1M | 32.4M | 30.3M | |
Total Current Liabilities | 144.2M | 92.1M | 73.0M | 80.5M | 47.7M | 69.9M | |
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 | 10.5M | |
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 | 304.0M | |
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 | 122.7M | |
Other Current Assets | 4.8M | 79.7M | 85.8M | 36.3M | 34.0M | 35.0M | |
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 | |
Good Will | 223.0M | 232.8M | 224.6M | 210.9M | 183.9M | 168.3M | |
Intangible Assets | 77.6M | 69.6M | 60.3M | 47.5M | 22.2M | 21.1M | |
Inventory | 24.2M | (39.8M) | (42.9M) | (36.3M) | (34.0M) | (32.3M) |
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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.