Synnex Intangible Assets vs Property Plant And Equipment Net Analysis

SNX Stock  USD 144.42  2.82  1.99%   
Synnex financial indicator trend analysis is much more than just breaking down Synnex prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synnex is a good investment. Please check the relationship between Synnex Intangible Assets and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synnex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Synnex Stock please use our How to Invest in Synnex guide.

Intangible Assets vs Property Plant And Equipment Net

Intangible Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synnex Intangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Synnex's Intangible Assets and Property Plant And Equipment Net is 0.72. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Synnex, assuming nothing else is changed. The correlation between historical values of Synnex's Intangible Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Synnex are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Intangible Assets i.e., Synnex's Intangible Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Synnex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synnex 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 Synnex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Synnex Stock please use our How to Invest in Synnex guide.Selling General Administrative is likely to rise to about 3.3 B in 2025, whereas Tax Provision is likely to drop slightly above 164.9 M in 2025.
 2022 2023 2024 2025 (projected)
Total Revenue57.6B58.5B67.2B70.6B
Interest Expense288.3M319.5M367.4M385.7M

Synnex fundamental ratios Correlations

0.261.00.050.80.140.80.970.960.981.01.00.980.990.640.990.950.510.990.980.970.990.620.950.720.65
0.260.30.920.190.060.190.190.410.310.250.220.40.20.10.150.410.310.20.280.320.20.570.420.430.41
1.00.30.080.810.120.810.960.970.971.00.990.990.990.650.980.950.540.980.980.960.980.660.960.730.67
0.050.920.08-0.170.1-0.170.00.170.130.040.010.20.0-0.17-0.040.170.140.010.110.180.010.320.170.350.2
0.80.190.81-0.170.011.00.730.810.720.790.790.770.780.770.760.80.430.740.710.680.760.70.840.470.68
0.140.060.120.10.010.010.00.120.290.150.110.130.16-0.490.180.09-0.060.130.170.30.26-0.260.23-0.12-0.1
0.80.190.81-0.171.00.010.730.810.710.790.790.770.780.770.760.790.430.740.710.670.750.70.840.470.68
0.970.190.960.00.730.00.730.890.940.970.980.950.980.650.970.870.520.980.950.910.950.540.860.650.59
0.960.410.970.170.810.120.810.890.930.960.950.970.930.690.921.00.510.930.950.920.930.780.980.790.74
0.980.310.970.130.720.290.710.940.930.980.970.970.980.470.970.90.520.970.970.990.990.510.940.650.56
1.00.251.00.040.790.150.790.970.960.981.00.981.00.630.990.940.490.990.980.970.990.610.950.720.64
1.00.220.990.010.790.110.790.980.950.971.00.981.00.650.990.930.50.990.980.960.990.60.930.710.64
0.980.40.990.20.770.130.770.950.970.970.980.980.970.630.960.950.520.960.980.960.960.680.950.770.68
0.990.20.990.00.780.160.780.980.930.981.01.00.970.611.00.910.480.990.980.970.990.550.920.680.6
0.640.10.65-0.170.77-0.490.770.650.690.470.630.650.630.610.580.720.320.60.60.450.550.830.610.650.73
0.990.150.98-0.040.760.180.760.970.920.970.990.990.961.00.580.90.480.990.970.960.990.510.910.660.58
0.950.410.950.170.80.090.790.871.00.90.940.930.950.910.720.90.480.910.940.90.910.810.960.810.76
0.510.310.540.140.43-0.060.430.520.510.520.490.50.520.480.320.480.480.470.490.470.470.340.570.20.13
0.990.20.980.010.740.130.740.980.930.970.990.990.960.990.60.990.910.470.970.960.980.550.910.690.62
0.980.280.980.110.710.170.710.950.950.970.980.980.980.980.60.970.940.490.970.980.980.610.930.780.62
0.970.320.960.180.680.30.670.910.920.990.970.960.960.970.450.960.90.470.960.980.980.520.930.720.58
0.990.20.980.010.760.260.750.950.930.990.990.990.960.990.550.990.910.470.980.980.980.530.930.660.58
0.620.570.660.320.7-0.260.70.540.780.510.610.60.680.550.830.510.810.340.550.610.520.530.730.790.83
0.950.420.960.170.840.230.840.860.980.940.950.930.950.920.610.910.960.570.910.930.930.930.730.70.67
0.720.430.730.350.47-0.120.470.650.790.650.720.710.770.680.650.660.810.20.690.780.720.660.790.70.77
0.650.410.670.20.68-0.10.680.590.740.560.640.640.680.60.730.580.760.130.620.620.580.580.830.670.77
Click cells to compare fundamentals

Synnex Account Relationship Matchups

Synnex fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets27.7B29.7B29.4B30.3B34.8B36.6B
Short Long Term Debt Total4.1B4.1B4.1B171.1M196.8M186.9M
Total Stockholder Equity7.9B8.0B8.2B8.0B9.2B9.7B
Net Debt3.1B3.6B3.0B(888.3M)(1.0B)(970.5M)
Cash994.0M522.6M1.0B1.1B1.2B1.3B
Cash And Short Term Investments994.0M522.6M1.0B1.1B1.2B1.3B
Common Stock Shares Outstanding62.7M95.5M92.9M85.9M98.8M103.7M
Liabilities And Stockholders Equity27.7B29.7B29.4B30.3B34.8B36.6B
Non Current Liabilities Total5.5B5.3B4.5B5.0B5.8B6.1B
Other Stockholder Equity7.1B7.0B6.5B5.9B6.8B7.2B
Total Liab19.8B21.7B21.2B22.2B25.6B26.9B
Total Current Assets17.7B20.5B20.1B21.3B24.5B25.7B
Other Current Liab2.0B2.2B2.4B2.0B2.3B2.4B
Total Current Liabilities14.2B16.4B16.7B17.2B19.8B20.8B
Retained Earnings1.2B1.7B2.2B2.8B3.2B3.3B
Accounts Payable12.0B14.0B13.3B15.1B17.3B18.2B
Long Term Debt4.0B3.8B3.1B3.7B4.3B4.5B
Inventory6.6B9.1B7.1B8.3B9.5B10.0B
Other Current Assets668.3M671.5M642.2M678.5M780.3M819.3M
Intangible Assets4.9B4.4B4.2B3.9B4.5B4.7B
Common Stock53K54K98K99K113.9K119.5K
Property Plant Equipment569.9M609.3M483.4M421.1M484.2M508.4M
Other Liab584.1M891.6M1.6B1.1B1.3B1.3B
Property Plant And Equipment Net483.4M421.1M450.0M457.0M525.6M551.9M
Non Current Assets Total9.9B9.2B9.3B8.9B10.3B10.8B
Non Currrent Assets Other618.4M585.3M729.9M685.4M788.2M827.6M
Net Receivables9.4B10.2B11.3B11.3B13.0B13.6B
Property Plant And Equipment Gross708.5M727.7M859.5M816.6M939.1M986.0M
Accumulated Other Comprehensive Income(336.2M)(719.7M)(507.2M)(645.1M)(580.6M)(551.6M)
Short Term Debt181.3M268.1M983.6M171.1M196.8M324.1M
Good Will3.9B3.8B3.9B3.9B4.5B4.7B
Net Tangible Assets371.8M1.1B(924.4M)(201.2M)(181.1M)(172.0M)
Retained Earnings Total Equity2.6B3.1B1.2B1.7B2.0B1.9B
Long Term Debt Total2.7B2.6B4.0B3.8B4.4B4.6B

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