Synlogic Other Operating Expenses vs Net Income Analysis

SYBX Stock  USD 1.06  0.03  2.91%   
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 Other Operating Expenses and its Net Income 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.

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synlogic Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Synlogic's Other Operating Expenses and Net Income is -0.97. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of Synlogic, assuming nothing else is changed. The correlation between historical values of Synlogic's Other Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Synlogic are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Synlogic's Other Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Synlogic. It is also known as Synlogic overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Synlogic financial statement analysis. It represents the amount of money remaining after all of Synlogic operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.At this time, Synlogic's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to 6,967 in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 20.9 K in 2025.
 2023 2024 2025 (projected)
Total Operating Expenses58.5M41.0M40.8M
Cost Of Revenue5.3M6.1M10.5M

Synlogic fundamental ratios Correlations

-0.180.410.44-0.020.010.26-0.88-0.41-0.25-0.05-0.08-0.24-0.48-0.55-0.040.63-0.510.05-0.230.54-0.410.390.490.89-0.72
-0.18-0.080.50.960.710.16-0.170.710.130.890.780.98-0.62-0.410.780.57-0.320.810.980.550.10.740.580.08-0.36
0.41-0.080.630.010.27-0.11-0.440.030.11-0.04-0.17-0.1-0.37-0.43-0.10.38-0.310.1-0.10.110.150.220.130.3-0.27
0.440.50.630.550.790.18-0.750.370.070.570.340.42-0.72-0.590.350.84-0.40.770.430.65-0.150.690.630.65-0.77
-0.020.960.010.550.660.05-0.280.70.220.80.690.97-0.79-0.630.710.65-0.560.730.970.550.130.750.580.18-0.41
0.010.710.270.790.660.32-0.420.5-0.060.760.470.63-0.54-0.330.480.67-0.150.90.640.550.090.670.540.31-0.55
0.260.16-0.110.180.050.32-0.39-0.46-0.930.420.360.020.020.20.30.340.290.460.030.51-0.360.320.480.43-0.53
-0.88-0.17-0.44-0.75-0.28-0.42-0.390.130.23-0.32-0.18-0.080.650.61-0.2-0.890.49-0.48-0.09-0.790.47-0.62-0.72-0.970.95
-0.410.710.030.370.70.5-0.460.130.660.460.360.77-0.45-0.340.380.24-0.290.450.770.080.320.340.11-0.220.04
-0.250.130.110.070.22-0.06-0.930.230.66-0.09-0.060.22-0.23-0.32-0.02-0.1-0.36-0.140.22-0.230.21-0.08-0.2-0.30.31
-0.050.89-0.040.570.80.760.42-0.320.46-0.090.920.77-0.5-0.210.910.63-0.080.910.770.77-0.220.770.810.24-0.53
-0.080.78-0.170.340.690.470.36-0.180.36-0.060.920.67-0.37-0.110.990.46-0.030.70.660.71-0.340.640.790.12-0.36
-0.240.98-0.10.420.970.630.02-0.080.770.220.770.67-0.62-0.460.670.49-0.40.71.00.40.240.670.430.0-0.25
-0.48-0.62-0.37-0.72-0.79-0.540.020.65-0.45-0.23-0.5-0.37-0.620.94-0.43-0.810.87-0.53-0.63-0.590.0-0.69-0.57-0.520.62
-0.55-0.41-0.43-0.59-0.63-0.330.20.61-0.34-0.32-0.21-0.11-0.460.94-0.18-0.690.97-0.26-0.46-0.39-0.1-0.51-0.37-0.480.49
-0.040.78-0.10.350.710.480.3-0.20.38-0.020.910.990.67-0.43-0.180.47-0.110.660.670.69-0.260.680.80.11-0.34
0.630.570.380.840.650.670.34-0.890.24-0.10.630.460.49-0.81-0.690.47-0.550.740.50.88-0.330.810.830.82-0.93
-0.51-0.32-0.31-0.4-0.56-0.150.290.49-0.29-0.36-0.08-0.03-0.40.870.97-0.11-0.55-0.08-0.4-0.26-0.15-0.38-0.24-0.380.35
0.050.810.10.770.730.90.46-0.480.45-0.140.910.70.7-0.53-0.260.660.74-0.080.70.75-0.220.740.730.42-0.69
-0.230.98-0.10.430.970.640.03-0.090.770.220.770.661.0-0.63-0.460.670.5-0.40.70.410.230.670.440.01-0.26
0.540.550.110.650.550.550.51-0.790.08-0.230.770.710.4-0.59-0.390.690.88-0.260.750.41-0.60.780.980.74-0.89
-0.410.10.15-0.150.130.09-0.360.470.320.21-0.22-0.340.240.0-0.1-0.26-0.33-0.15-0.220.23-0.6-0.03-0.55-0.540.53
0.390.740.220.690.750.670.32-0.620.34-0.080.770.640.67-0.69-0.510.680.81-0.380.740.670.78-0.030.810.56-0.7
0.490.580.130.630.580.540.48-0.720.11-0.20.810.790.43-0.57-0.370.80.83-0.240.730.440.98-0.550.810.66-0.8
0.890.080.30.650.180.310.43-0.97-0.22-0.30.240.120.0-0.52-0.480.110.82-0.380.420.010.74-0.540.560.66-0.93
-0.72-0.36-0.27-0.77-0.41-0.55-0.530.950.040.31-0.53-0.36-0.250.620.49-0.34-0.930.35-0.69-0.26-0.890.53-0.7-0.8-0.93
Click cells to compare fundamentals

Synlogic Account Relationship Matchups

Synlogic fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding2.4M3.7M4.8M6.5M12.2M12.8M
Total Assets143.8M174.7M110.9M75.6M19.8M18.8M
Other Current Liab1.2M(1.1M)(1.2M)14.2M6.9M3.5M
Total Current Liabilities8.3M10.1M12.1M20.4M7.1M8.8M
Total Stockholder Equity115.1M147.3M82.6M42.7M12.8M12.1M
Property Plant And Equipment Net13.0M10.8M9.1M21.7M17.7M0.0
Net Debt(9.7M)4.2M4.4M(6.7M)(18.9M)(19.8M)
Retained Earnings(230.3M)(290.9M)(357.0M)(414.3M)(441.7M)(419.6M)
Accounts Payable2.0M1.9M1.8M1.5M164K155.8K
Cash32.5M16.4M15.9M24.0M18.9M24.7M
Non Current Assets Total43.4M38.1M31.1M25.6M50K47.5K
Non Currrent Assets Other23.0M21.0M8.3M7.9M50K47.5K
Cash And Short Term Investments100.4M136.6M77.6M47.7M18.9M17.9M
Liabilities And Stockholders Equity143.8M174.7M110.9M75.6M19.8M18.8M
Non Current Liabilities Total22.8M20.4M17.4M16.1M12.5M0.0
Other Current Assets6.4M4.7M2.2M2.2M916K870.2K
Other Stockholder Equity345.4M438.1M439.8M456.9M454.4M288.3M
Total Liab28.7M27.5M28.3M32.9M7.1M6.7M
Property Plant And Equipment Gross30.3M26.3M33.6M34.8M32.0M0.0
Total Current Assets100.4M136.6M79.8M49.9M19.8M18.8M
Accumulated Other Comprehensive Income14K(45K)(161K)6K6.9K7.2K
Short Long Term Debt Total22.8M20.6M20.3M17.3M19.9M13.3M
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 Investments111.5M93.4M67.9M112.2M61.8M23.8M
Capital Surpluse243.9M327.9M345.4M438.1M503.8M288.6M
Deferred Long Term Liab7.7M16.4M9.6M9.3M10.7M7.6M
Short Term Debt5.1M6.4M8.3M4.8M5.5M3.6M
Common Stock38K70K71K10K11.5K10.9K
Property Plant Equipment30.3M26.3M9.1M21.7M24.9M15.9M
Capital Lease Obligations25.0M22.8M20.6M20.3M17.3M0.0

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