Synaptogenix Net Working Capital vs Cash Analysis
SNPX Stock | USD 2.72 0.01 0.37% |
Synaptogenix financial indicator trend analysis is much more than just breaking down Synaptogenix prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synaptogenix is a good investment. Please check the relationship between Synaptogenix Net Working Capital and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synaptogenix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Synaptogenix Stock please use our How to Invest in Synaptogenix guide.
Net Working Capital vs Cash
Net Working Capital vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synaptogenix Net Working Capital account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between Synaptogenix's Net Working Capital and Cash is 1.0. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Cash in the same time period over historical financial statements of Synaptogenix, assuming nothing else is changed. The correlation between historical values of Synaptogenix's Net Working Capital 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 Net Working Capital of Synaptogenix 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 Net Working Capital i.e., Synaptogenix's Net Working Capital and Cash go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Working Capital
Cash
Cash refers to the most liquid asset of Synaptogenix, which is listed under current asset account on Synaptogenix balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Synaptogenix customers. The amounts must be unrestricted with restricted cash listed in a different Synaptogenix 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 Synaptogenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synaptogenix 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 Synaptogenix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Synaptogenix Stock please use our How to Invest in Synaptogenix guide.At this time, Synaptogenix's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 3.22 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 7.1K | 335.0K | 1.5M | 1.6M | Net Interest Income | 7.1K | 335.0K | 1.5M | 1.6M |
Synaptogenix fundamental ratios Correlations
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Synaptogenix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Synaptogenix's price analysis, check to measure Synaptogenix'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 Synaptogenix is operating at the current time. Most of Synaptogenix's value examination focuses on studying past and present price action to predict the probability of Synaptogenix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synaptogenix's price. Additionally, you may evaluate how the addition of Synaptogenix to your portfolios can decrease your overall portfolio volatility.