Synergy Gross Profit vs Cost Of Revenue Analysis

SNYR Stock

USD 4.20 0.35 9.09%

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

Gross Profit vs Cost Of Revenue

Gross Profit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synergy CHC Corp Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Synergy CHC's Gross Profit and Cost Of Revenue is 0.56. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Synergy CHC Corp, assuming nothing else is changed. The correlation between historical values of Synergy CHC's Gross Profit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Synergy CHC Corp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Gross Profit i.e., Synergy CHC's Gross Profit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Synergy CHC Corp minus its cost of goods sold. It is profit before Synergy CHC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on Synergy CHC Corp income statement and represents the costs associated with goods and services Synergy CHC provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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

At this time, Synergy CHC's Tax Provision is relatively stable compared to the past year. As of 01/30/2025, Enterprise Value Over EBITDA is likely to grow to 3.29, while Sales General And Administrative To Revenue is likely to drop 0.15.

	2024	2025 (projected)
Interest Expense	1.5M	853.7K
Depreciation And Amortization	30.0K	28.5K

Interest Expense Depreciation And Amortization

Synergy CHC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Net Tangible Assets	Net Receivables	Inventory	Other Current Assets	Short Long Term Debt	Short Term Debt	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total
Total Assets		0.52	0.68	-0.12	0.43	-0.43	0.48	0.84	0.84	-0.8	0.41	0.78	0.58	0.76	0.34	0.5	-0.83	0.81	0.52	0.38	0.63	0.47	0.33	0.67	-0.6	-0.32
Other Current Liab	0.52		0.95	-0.81	0.67	-0.88	-0.05	0.4	0.4	-0.48	0.69	0.64	0.87	0.9	0.27	0.69	-0.26	0.46	0.96	0.74	0.64	0.0	-0.08	0.31	-0.57	-0.7
Total Current Liabilities	0.68	0.95		-0.71	0.65	-0.86	0.16	0.63	0.63	-0.66	0.64	0.78	0.87	0.95	0.33	0.7	-0.51	0.63	0.92	0.68	0.8	0.28	-0.08	0.39	-0.64	-0.73
Total Stockholder Equity	-0.12	-0.81	-0.71		-0.83	0.92	0.24	-0.04	-0.04	0.28	-0.86	-0.42	-0.87	-0.66	-0.2	-0.82	-0.04	-0.15	-0.8	-0.89	-0.51	0.14	0.28	-0.08	0.4	0.78
Net Debt	0.43	0.67	0.65	-0.83		-0.89	-0.09	0.23	0.23	-0.57	0.99	0.65	0.93	0.72	0.32	1.0	-0.27	0.4	0.71	0.98	0.64	0.13	-0.05	0.43	-0.6	-0.79
Retained Earnings	-0.43	-0.88	-0.86	0.92	-0.89		0.14	-0.3	-0.3	0.57	-0.87	-0.74	-0.95	-0.86	-0.33	-0.9	0.26	-0.47	-0.91	-0.91	-0.75	-0.17	0.13	-0.39	0.69	0.91
Accounts Payable	0.48	-0.05	0.16	0.24	-0.09	0.14		0.66	0.66	-0.34	-0.07	0.08	0.03	0.09	0.03	-0.03	-0.74	0.23	-0.17	-0.2	0.09	0.2	-0.06	-0.24	0.29	0.27
Cash	0.84	0.4	0.63	-0.04	0.23	-0.3	0.66		1.0	-0.72	0.2	0.61	0.43	0.6	0.27	0.32	-0.82	0.65	0.37	0.18	0.64	0.61	0.22	0.37	-0.39	-0.24
Cash And Short Term Investments	0.84	0.4	0.63	-0.04	0.23	-0.3	0.66	1.0		-0.72	0.2	0.61	0.43	0.6	0.27	0.32	-0.82	0.65	0.37	0.18	0.64	0.61	0.22	0.37	-0.39	-0.24
Common Stock Shares Outstanding	-0.8	-0.48	-0.66	0.28	-0.57	0.57	-0.34	-0.72	-0.72		-0.5	-0.85	-0.63	-0.71	-0.39	-0.62	0.77	-0.73	-0.51	-0.49	-0.77	-0.62	-0.12	-0.62	0.69	0.58
Non Current Liabilities Total	0.41	0.69	0.64	-0.86	0.99	-0.87	-0.07	0.2	0.2	-0.5		0.57	0.94	0.7	0.29	0.98	-0.22	0.34	0.71	0.98	0.55	-0.02	-0.03	0.36	-0.51	-0.71
Other Stockholder Equity	0.78	0.64	0.78	-0.42	0.65	-0.74	0.08	0.61	0.61	-0.85	0.57		0.72	0.87	0.44	0.69	-0.66	0.8	0.72	0.59	0.89	0.61	0.18	0.75	-0.91	-0.78
Total Liab	0.58	0.87	0.87	-0.87	0.93	-0.95	0.03	0.43	0.43	-0.63	0.94	0.72		0.88	0.34	0.95	-0.38	0.52	0.87	0.94	0.72	0.14	-0.06	0.42	-0.62	-0.8
Total Current Assets	0.76	0.9	0.95	-0.66	0.72	-0.86	0.09	0.6	0.6	-0.71	0.7	0.87	0.88		0.37	0.76	-0.5	0.76	0.93	0.72	0.8	0.32	0.12	0.54	-0.74	-0.76
Common Stock	0.34	0.27	0.33	-0.2	0.32	-0.33	0.03	0.27	0.27	-0.39	0.29	0.44	0.34	0.37		0.34	-0.3	0.35	0.3	0.3	0.39	0.28	0.07	0.34	-0.4	-0.35
Short Long Term Debt Total	0.5	0.69	0.7	-0.82	1.0	-0.9	-0.03	0.32	0.32	-0.62	0.98	0.69	0.95	0.76	0.34		-0.33	0.45	0.73	0.97	0.68	0.17	-0.03	0.45	-0.62	-0.79
Net Tangible Assets	-0.83	-0.26	-0.51	-0.04	-0.27	0.26	-0.74	-0.82	-0.82	0.77	-0.22	-0.66	-0.38	-0.5	-0.3	-0.33		-0.67	-0.22	-0.14	-0.58	-0.59	-0.01	-0.41	0.39	0.23
Net Receivables	0.81	0.46	0.63	-0.15	0.4	-0.47	0.23	0.65	0.65	-0.73	0.34	0.8	0.52	0.76	0.35	0.45	-0.67		0.58	0.32	0.59	0.61	0.24	0.66	-0.68	-0.53
Inventory	0.52	0.96	0.92	-0.8	0.71	-0.91	-0.17	0.37	0.37	-0.51	0.71	0.72	0.87	0.93	0.3	0.73	-0.22	0.58		0.76	0.67	0.1	0.05	0.44	-0.69	-0.8
Other Current Assets	0.38	0.74	0.68	-0.89	0.98	-0.91	-0.2	0.18	0.18	-0.49	0.98	0.59	0.94	0.72	0.3	0.97	-0.14	0.32	0.76		0.62	0.04	-0.07	0.42	-0.59	-0.77
Short Long Term Debt	0.63	0.64	0.8	-0.51	0.64	-0.75	0.09	0.64	0.64	-0.77	0.55	0.89	0.72	0.8	0.39	0.68	-0.58	0.59	0.67	0.62		0.69	-0.06	0.56	-0.8	-0.8
Short Term Debt	0.47	0.0	0.28	0.14	0.13	-0.17	0.2	0.61	0.61	-0.62	-0.02	0.61	0.14	0.32	0.28	0.17	-0.59	0.61	0.1	0.04	0.69		0.02	0.5	-0.57	-0.42
Other Liab	0.33	-0.08	-0.08	0.28	-0.05	0.13	-0.06	0.22	0.22	-0.12	-0.03	0.18	-0.06	0.12	0.07	-0.03	-0.01	0.24	0.05	-0.07	-0.06	0.02		0.43	-0.24	0.12
Property Plant And Equipment Net	0.67	0.31	0.39	-0.08	0.43	-0.39	-0.24	0.37	0.37	-0.62	0.36	0.75	0.42	0.54	0.34	0.45	-0.41	0.66	0.44	0.42	0.56	0.5	0.43		-0.89	-0.46
Current Deferred Revenue	-0.6	-0.57	-0.64	0.4	-0.6	0.69	0.29	-0.39	-0.39	0.69	-0.51	-0.91	-0.62	-0.74	-0.4	-0.62	0.39	-0.68	-0.69	-0.59	-0.8	-0.57	-0.24	-0.89		0.79
Non Current Assets Total	-0.32	-0.7	-0.73	0.78	-0.79	0.91	0.27	-0.24	-0.24	0.58	-0.71	-0.78	-0.8	-0.76	-0.35	-0.79	0.23	-0.53	-0.8	-0.77	-0.8	-0.42	0.12	-0.46	0.79

Click cells to compare fundamentals

Synergy CHC Account Relationship Matchups

Synergy CHC fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.2M	12.6M	18.5M	12.2M	14.1M	14.0M
Other Current Liab	4.6M	7.1M	29.1M	11.9M	13.7M	7.6M
Total Current Liabilities	10.1M	14.7M	30.3M	14.0M	16.1M	11.5M
Total Stockholder Equity	(5.2M)	(3.7M)	(33.5M)	(27.3M)	(24.6M)	(23.3M)
Net Debt	4.5M	7.1M	20.9M	27.0M	31.0M	32.6M
Retained Earnings	(24.2M)	(22.8M)	(52.7M)	(46.4M)	(41.7M)	(39.6M)
Accounts Payable	26.2K	21.7K	110.0K	50.0K	45.0K	42.7K
Cash	1.2M	1.7M	1.9M	632.5K	727.4K	1.4M
Cash And Short Term Investments	1.2M	1.7M	1.9M	632.5K	727.4K	1.4M
Common Stock Shares Outstanding	89.9M	89.9M	89.9M	89.9M	80.9M	79.2M
Liabilities And Stockholders Equity	5.2M	12.6M	18.5M	12.2M	14.1M	14.0M
Non Current Liabilities Total	246.9K	1.5M	21.8M	25.5M	29.4M	30.8M
Total Liab	10.4M	16.3M	52.1M	39.5M	45.5M	47.8M
Total Current Assets	5.0M	12.6M	18.5M	11.8M	13.6M	8.4M
Short Long Term Debt Total	5.7M	8.7M	22.8M	27.6M	31.8M	33.4M
Net Receivables	1.7M	6.2M	3.5M	2.1M	2.4M	3.5M
Inventory	1.9M	3.8M	8.0M	3.7M	4.3M	3.0M
Other Current Assets	286.1K	874.9K	5.2M	5.4M	6.2M	6.5M
Short Term Debt	5.5M	7.5M	1.0M	2.1M	2.4M	3.8M
Accumulated Other Comprehensive Income	11.4K	(9.4K)	22.4K	(102.5K)	(92.2K)	(87.6K)

Pair Trading with Synergy CHC

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 Synergy CHC 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 Synergy CHC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Synergy Stock

0.61	CL	Colgate Palmolive	Pair Corr
0.77	UL	Unilever PLC ADR	Pair Corr

Moving against Synergy Stock

0.71	ODC	Oil Dri	Pair Corr
0.62	NWL	Newell Brands Earnings Call Next Week	Pair Corr
0.62	IPAR	Inter Parfums	Pair Corr
0.45	HNST	Honest Company	Pair Corr
0.36	ODD	ODDITY Tech	Pair Corr

The ability to find closely correlated positions to Synergy CHC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Synergy CHC 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 Synergy CHC - 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 Synergy CHC Corp to buy it.

The correlation of Synergy CHC 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 Synergy CHC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Synergy CHC Corp 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 Synergy CHC 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 Synergy Stock Analysis

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

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