Silynxcom Net Debt vs Total Assets Analysis
| SYNX Stock | 2.70 0.10 3.85% |
Silynxcom financial indicator trend analysis is much more than just breaking down Silynxcom prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silynxcom is a good investment. Please check the relationship between Silynxcom Net Debt and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silynxcom. 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. For more information on how to buy Silynxcom Stock please use our How to Invest in Silynxcom guide.
Net Debt vs Total Assets
Net Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silynxcom Net Debt account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Silynxcom's Net Debt and Total Assets is 0.65. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Silynxcom, assuming nothing else is changed. The correlation between historical values of Silynxcom's Net Debt 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 Debt of Silynxcom 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 Debt i.e., Silynxcom's Net Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.65 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Assets
Total assets refers to the total amount of Silynxcom 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 Silynxcom 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 Silynxcom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silynxcom 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 Silynxcom. 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. For more information on how to buy Silynxcom Stock please use our How to Invest in Silynxcom guide.At this time, Silynxcom's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.64 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.9 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 420K | 44K | 21K | 20.0K | Depreciation And Amortization | 118K | 97K | 131K | 126.9K |
Silynxcom fundamental ratios Correlations
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Silynxcom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Silynxcom's price analysis, check to measure Silynxcom'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 Silynxcom is operating at the current time. Most of Silynxcom's value examination focuses on studying past and present price action to predict the probability of Silynxcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silynxcom's price. Additionally, you may evaluate how the addition of Silynxcom to your portfolios can decrease your overall portfolio volatility.