Symphony Total Current Assets vs Non Current Liabilities Total 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 Total Current Assets and its Non Current Liabilities Total 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.

Total Current Assets vs Non Current Liabilities Total

Total Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Symphony Environmental Total Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Symphony Environmental's Total Current Assets and Non Current Liabilities Total is 0.08. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Liabilities Total 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 Total Current Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Symphony Environmental Technologies are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Assets i.e., Symphony Environmental's Total Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Liabilities Total

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 Expense45K77K198.5K
Depreciation And Amortization203K243K154.3K

Symphony Environmental fundamental ratios Correlations

0.250.20.290.690.650.030.180.670.530.53-0.190.530.280.030.550.050.230.350.40.810.170.380.340.340.25
0.250.320.98-0.510.050.91-0.760.180.560.05-0.290.560.0-0.280.22-0.480.590.980.810.260.990.110.090.170.04
0.20.320.38-0.060.120.36-0.330.310.030.34-0.290.030.02-0.43-0.220.040.420.350.360.00.340.320.060.09-0.12
0.290.980.38-0.480.050.89-0.760.330.550.06-0.390.550.06-0.310.26-0.420.60.990.870.30.970.120.130.210.05
0.69-0.51-0.06-0.480.5-0.630.740.350.040.50.090.040.190.270.240.42-0.24-0.43-0.310.48-0.560.310.180.130.2
0.650.050.120.050.5-0.150.170.560.420.130.190.420.1-0.220.63-0.280.080.160.340.68-0.08-0.050.180.17-0.03
0.030.910.360.89-0.63-0.15-0.690.020.170.12-0.410.17-0.26-0.42-0.06-0.270.450.860.65-0.050.940.23-0.19-0.12-0.22
0.18-0.76-0.33-0.760.740.17-0.69-0.05-0.440.320.08-0.44-0.240.33-0.160.63-0.8-0.74-0.70.0-0.770.21-0.29-0.35-0.2
0.670.180.310.330.350.560.02-0.050.380.18-0.210.380.42-0.310.53-0.020.260.370.580.660.120.090.390.420.2
0.530.560.030.550.040.420.17-0.440.38-0.130.141.00.520.180.65-0.60.50.610.640.710.48-0.190.60.630.51
0.530.050.340.060.50.130.120.320.18-0.13-0.1-0.13-0.2-0.07-0.160.30.00.04-0.03-0.050.080.96-0.15-0.15-0.02
-0.19-0.29-0.29-0.390.090.19-0.410.08-0.210.14-0.10.140.290.230.02-0.3-0.09-0.34-0.23-0.15-0.33-0.170.320.290.43
0.530.560.030.550.040.420.17-0.440.381.0-0.130.140.520.180.65-0.60.50.610.640.710.48-0.190.60.630.51
0.280.00.020.060.190.1-0.26-0.240.420.52-0.20.290.520.120.42-0.230.40.090.260.47-0.03-0.250.980.970.88
0.03-0.28-0.43-0.310.27-0.22-0.420.33-0.310.18-0.070.230.180.120.060.15-0.28-0.31-0.310.08-0.27-0.050.160.130.23
0.550.22-0.220.260.240.63-0.06-0.160.530.65-0.160.020.650.420.06-0.590.340.350.590.760.11-0.250.480.490.33
0.05-0.480.04-0.420.42-0.28-0.270.63-0.02-0.60.3-0.3-0.6-0.230.15-0.59-0.47-0.47-0.58-0.14-0.410.27-0.34-0.38-0.27
0.230.590.420.6-0.240.080.45-0.80.260.50.0-0.090.50.4-0.280.34-0.470.610.650.270.580.020.450.490.33
0.350.980.350.99-0.430.160.86-0.740.370.610.04-0.340.610.09-0.310.35-0.470.610.90.390.950.080.160.240.07
0.40.810.360.87-0.310.340.65-0.70.580.64-0.03-0.230.640.26-0.310.59-0.580.650.90.490.76-0.020.330.40.18
0.810.260.00.30.480.68-0.050.00.660.71-0.05-0.150.710.470.080.76-0.140.270.390.490.14-0.210.50.510.31
0.170.990.340.97-0.56-0.080.94-0.770.120.480.08-0.330.48-0.03-0.270.11-0.410.580.950.760.140.170.050.120.02
0.380.110.320.120.31-0.050.230.210.09-0.190.96-0.17-0.19-0.25-0.05-0.250.270.020.08-0.02-0.210.17-0.19-0.18-0.08
0.340.090.060.130.180.18-0.19-0.290.390.6-0.150.320.60.980.160.48-0.340.450.160.330.50.05-0.191.00.84
0.340.170.090.210.130.17-0.12-0.350.420.63-0.150.290.630.970.130.49-0.380.490.240.40.510.12-0.181.00.84
0.250.04-0.120.050.2-0.03-0.22-0.20.20.51-0.020.430.510.880.230.33-0.270.330.070.180.310.02-0.080.840.84
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Symphony Environmental Account Relationship Matchups

Symphony Environmental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3M6.9M6.4M5.9M4.8M4.5M
Short Long Term Debt Total914K1.4M1.2M2.3M3.5M3.7M
Other Current Liab241K261K310K212K431K432.5K
Total Current Liabilities1.5M2.4M2.6M4.0M5.2M5.4M
Total Stockholder Equity3.2M4.1M3.5M1.7M(400K)(380K)
Property Plant And Equipment Net855K676K719K517K438K396.9K
Net Debt(247K)39K301K1.2M2.4M2.5M
Retained Earnings(537K)(865K)(2.2M)(5.0M)(7.1M)(7.5M)
Accounts Payable1.1M1.1M1.4M1.4M1.2M1.0M
Cash1.2M1.4M881K1.2M1.1M1.2M
Non Current Assets Total897K844K1.1M1.2M1.2M1.3M
Non Currrent Assets Other288K897K123K231K158K165.9K
Cash And Short Term Investments1.2M1.4M881K1.2M1.1M1.2M
Common Stock Shares Outstanding160.1M172.2M172.9M175.2M184.8M118.4M
Liabilities And Stockholders Equity5.3M6.9M6.4M5.9M4.8M4.5M
Non Current Liabilities Total509K381K338K181K47K44.7K
Inventory882K1.1M1.3M1.2M645K621.3K
Other Current Assets146K594K257K245K193K183.4K
Other Stockholder Equity2.1M3.2M3.9M4.9M4.4M4.5M
Total Liab2.0M2.8M3.0M4.2M5.2M5.5M
Property Plant And Equipment Gross855K676K1.8M1.8M1.9M2.0M
Total Current Assets4.4M6.1M5.3M4.7M3.6M3.1M
Accumulated Other Comprehensive Income(573K)(594K)(793K)(884K)(795.6K)(755.8K)
Short Term Debt405K1.0M844K2.2M3.5M3.6M
Intangible Assets42K45K260K439K653K414.3K
Common Stock Total Equity1.5M1.5M1.7M1.8M2.0M1.1M
Common Stock1.7M1.8M1.8M1.8M2.1M1.2M
Net Tangible Assets3.2M4.0M3.4M1.3M1.5M2.6M
Other Assets23K11K166K334K1.00.95
Net Receivables2.2M3.0M2.9M2.1M1.6M2.0M
Deferred Long Term Liab34K23K11K166K149.4K237.3K
Short Long Term Debt283K918K677K2.0M3.3M3.4M
Property Plant Equipment855K676K719K517K594.6K525.0K
Capital Lease Obligations631K509K505K348K234K307.3K
Net Invested Capital3.5M5.0M4.1M3.7M2.9M3.7M
Net Working Capital2.9M3.6M2.7M697K(1.6M)(1.5M)
Capital Stock1.7M1.8M1.8M1.8M2.1M1.9M

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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.