| SYNT Stock | | | 167.00 1.00 0.60% |
Synthomer Plc financial indicator trend analysis is much more than just breaking down Synthomer plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synthomer plc is a good investment. Please check the relationship between Synthomer Plc Total Current Assets and its Total Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Synthomer plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Current Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Synthomer plc Total Current Assets account and
Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Synthomer Plc's Total Current Assets and Total Assets is 0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Synthomer plc, assuming nothing else is changed. The correlation between historical values of Synthomer Plc's Total Current Assets 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 Total Current Assets of Synthomer plc 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 Total Current Assets i.e., Synthomer Plc's Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.
Total Assets
Total assets refers to the total amount of Synthomer Plc 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 Synthomer plc 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 Synthomer Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synthomer plc 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 Synthomer plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Synthomer Plc's
Tax Provision is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 278.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 62.3
M in 2024.
Synthomer Plc fundamental ratios Correlations
Click cells to compare fundamentals
Synthomer Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Synthomer Plc fundamental ratios Accounts
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measure Synthomer Plc'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 Synthomer Plc is operating at the current time. Most of Synthomer Plc's value examination focuses on studying past and present price action to
predict the probability of Synthomer Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synthomer Plc's price. Additionally, you may evaluate how the addition of Synthomer Plc to your portfolios can decrease your overall portfolio volatility.