Synlogic Depreciation vs Investments Analysis

SYBX Stock  USD 1.41  0.01  0.71%   
Synlogic financial indicator trend analysis is much more than just breaking down Synlogic prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synlogic is a good investment. Please check the relationship between Synlogic Depreciation and its Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synlogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Synlogic Stock please use our How to Invest in Synlogic guide.

Depreciation vs Investments

Depreciation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synlogic Depreciation account and Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Synlogic's Depreciation and Investments is 0.41. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments in the same time period over historical financial statements of Synlogic, assuming nothing else is changed. The correlation between historical values of Synlogic's Depreciation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Synlogic are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., Synlogic's Depreciation and Investments go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation

Depreciation indicates how much of Synlogic value has been used up. For tax purposes Synlogic can deduct the cost of the tangible assets it purchases as business expenses. However, Synlogic must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Synlogic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synlogic 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 Synlogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Synlogic Stock please use our How to Invest in Synlogic guide.Selling General Administrative is likely to drop to about 11.5 M in 2024. Tax Provision is likely to drop to 7,700 in 2024
 2021 2022 2023 2024 (projected)
Interest Income210K1.3M2.4M1.6M
Net Interest Income208K1.3M2.4M1.6M

Synlogic fundamental ratios Correlations

0.340.520.870.330.620.52-0.950.05-0.320.450.260.25-0.53-0.410.450.74-0.270.670.26-0.450.450.570.94-0.840.77
0.340.20.530.980.680.2-0.550.660.090.880.790.97-0.81-0.670.580.79-0.60.790.98-0.030.90.760.43-0.630.61
0.520.20.730.240.37-0.08-0.440.30.160.170.10.19-0.46-0.44-0.080.28-0.360.20.20.180.340.190.38-0.180.2
0.870.530.730.530.760.22-0.920.440.030.560.350.47-0.7-0.580.420.77-0.420.730.48-0.220.670.610.87-0.780.74
0.330.980.240.530.650.08-0.520.710.190.790.690.98-0.89-0.80.550.77-0.750.720.990.050.830.660.38-0.580.55
0.620.680.370.760.650.36-0.780.42-0.110.730.450.59-0.69-0.540.430.88-0.360.890.6-0.010.820.710.66-0.770.82
0.520.2-0.080.220.080.36-0.47-0.48-0.930.460.370.060.00.220.340.450.320.50.06-0.380.340.510.51-0.580.56
-0.95-0.55-0.44-0.92-0.52-0.78-0.47-0.270.2-0.64-0.41-0.450.660.49-0.61-0.880.33-0.85-0.460.45-0.65-0.72-0.970.95-0.9
0.050.660.30.440.710.42-0.48-0.270.680.390.320.73-0.69-0.670.250.38-0.650.370.730.190.530.290.16-0.220.23
-0.320.090.160.030.19-0.11-0.930.20.68-0.14-0.090.19-0.26-0.4-0.09-0.16-0.45-0.190.180.19-0.06-0.18-0.270.3-0.28
0.450.880.170.560.790.730.46-0.640.39-0.140.920.75-0.63-0.390.630.83-0.260.90.75-0.330.90.960.53-0.740.76
0.260.790.10.350.690.450.37-0.410.32-0.090.920.66-0.47-0.250.460.59-0.170.690.66-0.410.740.90.32-0.520.53
0.250.970.190.470.980.590.06-0.450.730.190.750.66-0.82-0.730.510.69-0.70.661.00.120.830.590.33-0.520.48
-0.53-0.81-0.46-0.7-0.89-0.690.00.66-0.69-0.26-0.63-0.47-0.820.94-0.51-0.790.87-0.67-0.82-0.04-0.68-0.56-0.50.61-0.57
-0.41-0.67-0.44-0.58-0.8-0.540.220.49-0.67-0.4-0.39-0.25-0.730.94-0.34-0.630.97-0.46-0.74-0.21-0.49-0.31-0.330.41-0.38
0.450.58-0.080.420.550.430.34-0.610.25-0.090.630.460.51-0.51-0.340.69-0.250.670.52-0.430.570.60.54-0.750.67
0.740.790.280.770.770.880.45-0.880.38-0.160.830.590.69-0.79-0.630.69-0.460.970.7-0.270.830.830.78-0.920.94
-0.27-0.6-0.36-0.42-0.75-0.360.320.33-0.65-0.45-0.26-0.17-0.70.870.97-0.25-0.46-0.27-0.7-0.27-0.34-0.15-0.170.24-0.17
0.670.790.20.730.720.890.5-0.850.37-0.190.90.690.66-0.67-0.460.670.97-0.270.67-0.340.880.90.77-0.920.95
0.260.980.20.480.990.60.06-0.460.730.180.750.661.0-0.82-0.740.520.7-0.70.670.120.830.60.34-0.530.49
-0.45-0.030.18-0.220.05-0.01-0.380.450.190.19-0.33-0.410.12-0.04-0.21-0.43-0.27-0.27-0.340.12-0.01-0.53-0.510.51-0.45
0.450.90.340.670.830.820.34-0.650.53-0.060.90.740.83-0.68-0.490.570.83-0.340.880.83-0.010.810.56-0.710.74
0.570.760.190.610.660.710.51-0.720.29-0.180.960.90.59-0.56-0.310.60.83-0.150.90.6-0.530.810.64-0.790.83
0.940.430.380.870.380.660.51-0.970.16-0.270.530.320.33-0.5-0.330.540.78-0.170.770.34-0.510.560.64-0.920.85
-0.84-0.63-0.18-0.78-0.58-0.77-0.580.95-0.220.3-0.74-0.52-0.520.610.41-0.75-0.920.24-0.92-0.530.51-0.71-0.79-0.92-0.94
0.770.610.20.740.550.820.56-0.90.23-0.280.760.530.48-0.57-0.380.670.94-0.170.950.49-0.450.740.830.85-0.94
Click cells to compare fundamentals

Synlogic Account Relationship Matchups

Synlogic fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding2.0M2.4M3.7M4.8M6.5M6.8M
Total Assets188.6M143.8M174.7M110.9M75.6M112.2M
Other Current Liab3.9M1.2M(1.1M)(1.2M)9.4M9.8M
Total Current Liabilities8.9M8.3M10.1M12.1M20.4M21.4M
Total Stockholder Equity156.9M115.1M147.3M82.6M42.7M82.1M
Property Plant And Equipment Net13.0M10.8M9.1M21.7M17.7M9.8M
Net Debt(1.2M)(9.7M)4.2M4.4M(6.7M)(7.0M)
Retained Earnings(171.1M)(230.3M)(290.9M)(357.0M)(414.3M)(393.6M)
Accounts Payable2.2M2.0M1.9M1.8M1.5M2.0M
Cash26.2M32.5M16.4M15.9M24.0M25.6M
Non Current Assets Total61.5M43.4M38.1M31.1M25.6M23.4M
Non Currrent Assets Other48.5M23.0M21.0M8.3M7.9M12.9M
Cash And Short Term Investments127.1M100.4M136.6M77.6M47.7M88.2M
Liabilities And Stockholders Equity188.6M143.8M174.7M110.9M75.6M112.2M
Non Current Liabilities Total22.8M20.4M17.4M16.1M12.5M15.5M
Other Current Assets648K6.4M4.7M2.2M2.2M1.9M
Other Stockholder Equity327.9M345.4M438.1M439.8M456.9M264.4M
Total Liab31.7M28.7M27.5M28.3M32.9M21.9M
Property Plant And Equipment Gross30.3M26.3M33.6M34.8M32.0M18.3M
Total Current Assets127.1M100.4M136.6M79.8M49.9M88.9M
Accumulated Other Comprehensive Income110K14K(45K)(161K)6K6.3K
Net Tangible Assets156.9M115.1M147.3M82.6M95.0M92.2M
Other Assets17.5M10.7M10.4M9.4M10.8M7.1M
Common Stock Total Equity25K33K38K70K80.5K84.5K
Retained Earnings Total Equity(119.8M)(171.1M)(230.3M)(290.9M)(261.8M)(248.7M)
Short Term Investments93.4M67.9M112.2M61.8M23.8M22.6M
Capital Surpluse243.9M327.9M345.4M438.1M503.8M288.6M
Deferred Long Term Liab7.7M16.4M9.6M9.3M10.7M7.6M
Short Term Debt2.2M5.1M6.4M8.3M9.6M10.0M
Common Stock33K38K70K71K10K9.5K
Property Plant Equipment30.3M26.3M9.1M21.7M24.9M15.9M
Short Long Term Debt Total25.0M22.8M20.6M20.3M17.3M14.9M
Capital Lease Obligations25.0M22.8M20.6M20.3M17.3M14.9M
Current Deferred Revenue268K544K531K882K3M3.2M

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