Symphony Net Receivables vs Total Assets Analysis

SYM Stock

3.15 0.10 3.08%

Symphony Environmental financial indicator trend analysis is much more than just breaking down Symphony Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Symphony Environmental is a good investment. Please check the relationship between Symphony Environmental Net Receivables and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Symphony Environmental Technologies. 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 economic analysis.

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Symphony Environmental Net Receivables account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Symphony Environmental's Net Receivables and Total Assets is 0.61. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Symphony Environmental Technologies, assuming nothing else is changed. The correlation between historical values of Symphony Environmental's Net Receivables and Total Assets 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 Receivables of Symphony Environmental Technologies are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Symphony Environmental's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

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Net Receivables

Total Assets

Total assets refers to the total amount of Symphony Environmental assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Symphony Environmental books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Symphony Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Symphony Environmental 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 Symphony Environmental Technologies. 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 economic analysis.

As of December 13, 2024, Selling General Administrative is expected to decline to about 3.6 M. In addition to that, Tax Provision is expected to decline to about (74.5 K)

	2020	2022	2024 (projected)
Interest Expense	45K	77K	198.5K
Depreciation And Amortization	203K	243K	154.3K

Interest Expense Depreciation And Amortization

Symphony Environmental fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock	Current Deferred Revenue
Total Assets		0.25	0.2	0.29	0.69	0.65	0.03	0.18	0.67	0.53	0.53	-0.19	0.53	0.28	0.03	0.55	0.05	0.23	0.35	0.4	0.81	0.17	0.38	0.34	0.34	0.25
Short Long Term Debt Total	0.25		0.32	0.98	-0.51	0.05	0.91	-0.76	0.18	0.56	0.05	-0.29	0.56	0.0	-0.28	0.22	-0.48	0.59	0.98	0.81	0.26	0.99	0.11	0.09	0.17	0.04
Other Current Liab	0.2	0.32		0.38	-0.06	0.12	0.36	-0.33	0.31	0.03	0.34	-0.29	0.03	0.02	-0.43	-0.22	0.04	0.42	0.35	0.36	0.0	0.34	0.32	0.06	0.09	-0.12
Total Current Liabilities	0.29	0.98	0.38		-0.48	0.05	0.89	-0.76	0.33	0.55	0.06	-0.39	0.55	0.06	-0.31	0.26	-0.42	0.6	0.99	0.87	0.3	0.97	0.12	0.13	0.21	0.05
Total Stockholder Equity	0.69	-0.51	-0.06	-0.48		0.5	-0.63	0.74	0.35	0.04	0.5	0.09	0.04	0.19	0.27	0.24	0.42	-0.24	-0.43	-0.31	0.48	-0.56	0.31	0.18	0.13	0.2
Property Plant And Equipment Net	0.65	0.05	0.12	0.05	0.5		-0.15	0.17	0.56	0.42	0.13	0.19	0.42	0.1	-0.22	0.63	-0.28	0.08	0.16	0.34	0.68	-0.08	-0.05	0.18	0.17	-0.03
Net Debt	0.03	0.91	0.36	0.89	-0.63	-0.15		-0.69	0.02	0.17	0.12	-0.41	0.17	-0.26	-0.42	-0.06	-0.27	0.45	0.86	0.65	-0.05	0.94	0.23	-0.19	-0.12	-0.22
Retained Earnings	0.18	-0.76	-0.33	-0.76	0.74	0.17	-0.69		-0.05	-0.44	0.32	0.08	-0.44	-0.24	0.33	-0.16	0.63	-0.8	-0.74	-0.7	0.0	-0.77	0.21	-0.29	-0.35	-0.2
Accounts Payable	0.67	0.18	0.31	0.33	0.35	0.56	0.02	-0.05		0.38	0.18	-0.21	0.38	0.42	-0.31	0.53	-0.02	0.26	0.37	0.58	0.66	0.12	0.09	0.39	0.42	0.2
Cash	0.53	0.56	0.03	0.55	0.04	0.42	0.17	-0.44	0.38		-0.13	0.14	1.0	0.52	0.18	0.65	-0.6	0.5	0.61	0.64	0.71	0.48	-0.19	0.6	0.63	0.51
Non Current Assets Total	0.53	0.05	0.34	0.06	0.5	0.13	0.12	0.32	0.18	-0.13		-0.1	-0.13	-0.2	-0.07	-0.16	0.3	0.0	0.04	-0.03	-0.05	0.08	0.96	-0.15	-0.15	-0.02
Non Currrent Assets Other	-0.19	-0.29	-0.29	-0.39	0.09	0.19	-0.41	0.08	-0.21	0.14	-0.1		0.14	0.29	0.23	0.02	-0.3	-0.09	-0.34	-0.23	-0.15	-0.33	-0.17	0.32	0.29	0.43
Cash And Short Term Investments	0.53	0.56	0.03	0.55	0.04	0.42	0.17	-0.44	0.38	1.0	-0.13	0.14		0.52	0.18	0.65	-0.6	0.5	0.61	0.64	0.71	0.48	-0.19	0.6	0.63	0.51
Common Stock Shares Outstanding	0.28	0.0	0.02	0.06	0.19	0.1	-0.26	-0.24	0.42	0.52	-0.2	0.29	0.52		0.12	0.42	-0.23	0.4	0.09	0.26	0.47	-0.03	-0.25	0.98	0.97	0.88
Non Current Liabilities Total	0.03	-0.28	-0.43	-0.31	0.27	-0.22	-0.42	0.33	-0.31	0.18	-0.07	0.23	0.18	0.12		0.06	0.15	-0.28	-0.31	-0.31	0.08	-0.27	-0.05	0.16	0.13	0.23
Inventory	0.55	0.22	-0.22	0.26	0.24	0.63	-0.06	-0.16	0.53	0.65	-0.16	0.02	0.65	0.42	0.06		-0.59	0.34	0.35	0.59	0.76	0.11	-0.25	0.48	0.49	0.33
Other Current Assets	0.05	-0.48	0.04	-0.42	0.42	-0.28	-0.27	0.63	-0.02	-0.6	0.3	-0.3	-0.6	-0.23	0.15	-0.59		-0.47	-0.47	-0.58	-0.14	-0.41	0.27	-0.34	-0.38	-0.27
Other Stockholder Equity	0.23	0.59	0.42	0.6	-0.24	0.08	0.45	-0.8	0.26	0.5	0.0	-0.09	0.5	0.4	-0.28	0.34	-0.47		0.61	0.65	0.27	0.58	0.02	0.45	0.49	0.33
Total Liab	0.35	0.98	0.35	0.99	-0.43	0.16	0.86	-0.74	0.37	0.61	0.04	-0.34	0.61	0.09	-0.31	0.35	-0.47	0.61		0.9	0.39	0.95	0.08	0.16	0.24	0.07
Property Plant And Equipment Gross	0.4	0.81	0.36	0.87	-0.31	0.34	0.65	-0.7	0.58	0.64	-0.03	-0.23	0.64	0.26	-0.31	0.59	-0.58	0.65	0.9		0.49	0.76	-0.02	0.33	0.4	0.18
Total Current Assets	0.81	0.26	0.0	0.3	0.48	0.68	-0.05	0.0	0.66	0.71	-0.05	-0.15	0.71	0.47	0.08	0.76	-0.14	0.27	0.39	0.49		0.14	-0.21	0.5	0.51	0.31
Short Term Debt	0.17	0.99	0.34	0.97	-0.56	-0.08	0.94	-0.77	0.12	0.48	0.08	-0.33	0.48	-0.03	-0.27	0.11	-0.41	0.58	0.95	0.76	0.14		0.17	0.05	0.12	0.02
Intangible Assets	0.38	0.11	0.32	0.12	0.31	-0.05	0.23	0.21	0.09	-0.19	0.96	-0.17	-0.19	-0.25	-0.05	-0.25	0.27	0.02	0.08	-0.02	-0.21	0.17		-0.19	-0.18	-0.08
Common Stock Total Equity	0.34	0.09	0.06	0.13	0.18	0.18	-0.19	-0.29	0.39	0.6	-0.15	0.32	0.6	0.98	0.16	0.48	-0.34	0.45	0.16	0.33	0.5	0.05	-0.19		1.0	0.84
Common Stock	0.34	0.17	0.09	0.21	0.13	0.17	-0.12	-0.35	0.42	0.63	-0.15	0.29	0.63	0.97	0.13	0.49	-0.38	0.49	0.24	0.4	0.51	0.12	-0.18	1.0		0.84
Current Deferred Revenue	0.25	0.04	-0.12	0.05	0.2	-0.03	-0.22	-0.2	0.2	0.51	-0.02	0.43	0.51	0.88	0.23	0.33	-0.27	0.33	0.07	0.18	0.31	0.02	-0.08	0.84	0.84

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Symphony Environmental Account Relationship Matchups

Symphony Environmental fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.3M	6.9M	6.4M	5.9M	4.8M	4.5M
Short Long Term Debt Total	914K	1.4M	1.2M	2.3M	3.5M	3.7M
Other Current Liab	241K	261K	310K	212K	431K	432.5K
Total Current Liabilities	1.5M	2.4M	2.6M	4.0M	5.2M	5.4M
Total Stockholder Equity	3.2M	4.1M	3.5M	1.7M	(400K)	(380K)
Property Plant And Equipment Net	855K	676K	719K	517K	438K	396.9K
Net Debt	(247K)	39K	301K	1.2M	2.4M	2.5M
Retained Earnings	(537K)	(865K)	(2.2M)	(5.0M)	(7.1M)	(7.5M)
Accounts Payable	1.1M	1.1M	1.4M	1.4M	1.2M	1.0M
Cash	1.2M	1.4M	881K	1.2M	1.1M	1.2M
Non Current Assets Total	897K	844K	1.1M	1.2M	1.2M	1.3M
Non Currrent Assets Other	288K	897K	123K	231K	158K	165.9K
Cash And Short Term Investments	1.2M	1.4M	881K	1.2M	1.1M	1.2M
Common Stock Shares Outstanding	160.1M	172.2M	172.9M	175.2M	184.8M	118.4M
Liabilities And Stockholders Equity	5.3M	6.9M	6.4M	5.9M	4.8M	4.5M
Non Current Liabilities Total	509K	381K	338K	181K	47K	44.7K
Inventory	882K	1.1M	1.3M	1.2M	645K	621.3K
Other Current Assets	146K	594K	257K	245K	193K	183.4K
Other Stockholder Equity	2.1M	3.2M	3.9M	4.9M	4.4M	4.5M
Total Liab	2.0M	2.8M	3.0M	4.2M	5.2M	5.5M
Property Plant And Equipment Gross	855K	676K	1.8M	1.8M	1.9M	2.0M
Total Current Assets	4.4M	6.1M	5.3M	4.7M	3.6M	3.1M
Accumulated Other Comprehensive Income	(573K)	(594K)	(793K)	(884K)	(795.6K)	(755.8K)
Short Term Debt	405K	1.0M	844K	2.2M	3.5M	3.6M
Intangible Assets	42K	45K	260K	439K	653K	414.3K
Common Stock Total Equity	1.5M	1.5M	1.7M	1.8M	2.0M	1.1M
Common Stock	1.7M	1.8M	1.8M	1.8M	2.1M	1.2M
Net Tangible Assets	3.2M	4.0M	3.4M	1.3M	1.5M	2.6M
Other Assets	23K	11K	166K	334K	1.0	0.95
Net Receivables	2.2M	3.0M	2.9M	2.1M	1.6M	2.0M
Deferred Long Term Liab	34K	23K	11K	166K	149.4K	237.3K
Short Long Term Debt	283K	918K	677K	2.0M	3.3M	3.4M
Property Plant Equipment	855K	676K	719K	517K	594.6K	525.0K
Capital Lease Obligations	631K	509K	505K	348K	234K	307.3K
Net Invested Capital	3.5M	5.0M	4.1M	3.7M	2.9M	3.7M
Net Working Capital	2.9M	3.6M	2.7M	697K	(1.6M)	(1.5M)
Capital Stock	1.7M	1.8M	1.8M	1.8M	2.1M	1.9M

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Other Information on Investing in Symphony Stock

Balance Sheet is a snapshot of the financial position of Symphony Environmental at a specified time, usually calculated after every quarter, six months, or one year. Symphony Environmental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Symphony Environmental and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Symphony currently owns. An asset can also be divided into two categories, current and non-current.

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Symphony Net Receivables vs Total Assets Analysis

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

Correlation Coefficient

Net Receivables

Total Assets

Symphony Environmental fundamental ratios Correlations

Symphony Environmental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Symphony Environmental fundamental ratios Accounts

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Other Information on Investing in Symphony Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Short Term Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Total Current Liabilities
Total Current Liabilities	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total

Other Stockholder Equity	- 0.8	Retained Earnings
Short Term Debt	- 0.77	Retained Earnings
Retained Earnings	- 0.76	Total Current Liabilities
Retained Earnings	- 0.76	Short Long Term Debt Total
Total Liab	- 0.74	Retained Earnings
Property Plant And Equipment Gross	- 0.7	Retained Earnings