Syrma Change To Inventory vs Investments Analysis

SYRMA Stock   536.10  31.00  6.14%   
Syrma SGS financial indicator trend analysis is much more than just breaking down Syrma SGS Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Syrma SGS Technology is a good investment. Please check the relationship between Syrma SGS Change To Inventory and its Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Syrma SGS Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Change To Inventory vs Investments

Change To Inventory vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Syrma SGS Technology Change To Inventory account and Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Syrma SGS's Change To Inventory and Investments is 0.2. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Investments in the same time period over historical financial statements of Syrma SGS Technology, assuming nothing else is changed. The correlation between historical values of Syrma SGS's Change To Inventory and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Syrma SGS Technology are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change To Inventory i.e., Syrma SGS's Change To Inventory and Investments go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Syrma SGS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Syrma SGS Technology 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 Syrma SGS Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of the 31st of January 2025, Selling General Administrative is likely to drop to about 211.4 M. In addition to that, Tax Provision is likely to drop to about 400.9 M
 2022 2023 2024 2025 (projected)
Interest Expense204.7M405.5M466.4M489.7M
Depreciation And Amortization312.0M514.9M592.1M621.7M

Syrma SGS fundamental ratios Correlations

0.990.710.990.990.99-0.070.980.890.980.820.990.910.820.980.90.981.00.690.980.991.00.990.960.940.93
0.990.651.00.960.99-0.021.00.840.990.760.970.950.741.00.880.981.00.60.951.00.991.00.990.930.96
0.710.650.670.720.680.230.610.810.690.850.720.620.790.640.650.720.680.490.740.670.690.630.670.490.64
0.991.00.670.950.990.040.990.841.00.790.960.960.751.00.860.971.00.580.941.01.01.00.990.910.97
0.990.960.720.950.97-0.20.940.920.940.831.00.830.880.940.910.960.970.791.00.950.970.950.90.950.85
0.990.990.680.990.97-0.040.970.890.990.840.980.930.820.990.880.960.990.680.960.991.00.990.960.930.94
-0.07-0.020.230.04-0.2-0.04-0.04-0.150.090.06-0.180.24-0.230.04-0.3-0.03-0.03-0.62-0.20.030.0-0.010.14-0.370.26
0.981.00.610.990.940.97-0.040.810.990.720.960.950.70.990.880.980.990.570.940.990.980.990.980.930.95
0.890.840.810.840.920.89-0.150.810.830.960.90.730.960.820.920.830.860.790.910.840.870.840.780.830.73
0.980.990.691.00.940.990.090.990.830.790.950.970.741.00.850.970.990.550.931.00.990.990.990.890.98
0.820.760.850.790.830.840.060.720.960.790.810.710.950.770.80.740.790.70.820.790.820.770.740.70.72
0.990.970.720.961.00.98-0.180.960.90.950.810.860.850.950.910.970.980.761.00.960.970.960.920.950.87
0.910.950.620.960.830.930.240.950.730.970.710.860.60.960.740.920.940.360.820.960.940.950.980.80.99
0.820.740.790.750.880.82-0.230.70.960.740.950.850.60.730.830.740.780.890.880.750.790.750.670.780.62
0.981.00.641.00.940.990.040.990.821.00.770.950.960.730.860.970.990.560.931.00.991.00.990.910.97
0.90.880.650.860.910.88-0.30.880.920.850.80.910.740.830.860.870.890.730.910.860.880.870.820.920.75
0.980.980.720.970.960.96-0.030.980.830.970.740.970.920.740.970.870.980.60.960.980.980.970.970.90.93
1.01.00.681.00.970.99-0.030.990.860.990.790.980.940.780.990.890.980.640.961.01.01.00.980.940.95
0.690.60.490.580.790.68-0.620.570.790.550.70.760.360.890.560.730.60.640.790.580.640.60.470.780.38
0.980.950.740.941.00.96-0.20.940.910.930.821.00.820.880.930.910.960.960.790.940.960.940.90.940.84
0.991.00.671.00.950.990.030.990.841.00.790.960.960.751.00.860.981.00.580.941.01.00.990.910.97
1.00.990.691.00.971.00.00.980.870.990.820.970.940.790.990.880.981.00.640.961.01.00.980.920.95
0.991.00.631.00.950.99-0.010.990.840.990.770.960.950.751.00.870.971.00.60.941.01.00.980.930.96
0.960.990.670.990.90.960.140.980.780.990.740.920.980.670.990.820.970.980.470.90.990.980.980.860.99
0.940.930.490.910.950.93-0.370.930.830.890.70.950.80.780.910.920.90.940.780.940.910.920.930.860.8
0.930.960.640.970.850.940.260.950.730.980.720.870.990.620.970.750.930.950.380.840.970.950.960.990.8
Click cells to compare fundamentals

Syrma SGS Account Relationship Matchups

Syrma SGS fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.1B11.5B25.4B36.9B42.4B44.5B
Short Long Term Debt Total1.0B2.2B3.7B6.3B7.2B7.6B
Other Current Liab465M218.0M467.7M492.2M566.1M453.1M
Total Current Liabilities3.1B5.2B8.6B18.4B21.2B22.3B
Total Stockholder Equity5.4B5.7B15.4B16.1B18.5B19.5B
Property Plant And Equipment Net2.2B3.2B4.3B7.5B8.6B9.0B
Current Deferred Revenue510.6M(1.9B)(2.6B)461.3M415.1M435.9M
Net Debt396.4M1.8B3.3B5.4B6.3B6.6B
Retained Earnings1.8B1.5B2.8B3.7B4.2B2.3B
Accounts Payable1.9B2.4B4.9B12.2B14.1B14.8B
Cash633.0M334.1M464.9M855.7M984.0M568.9M
Non Current Assets Total3.6B4.5B13.1B14.1B16.3B17.1B
Non Currrent Assets Other(702.6M)87.0M(50K)3.5B4.0B4.2B
Cash And Short Term Investments1.1B697.1M1.2B1.2B1.4B985.1M
Net Receivables1.4B3.1B4.1B9.3B10.7B11.2B
Common Stock Shares Outstanding86.2M114.8M164.0M177.4M204.0M125.5M
Liabilities And Stockholders Equity9.1B11.5B25.4B36.9B42.4B44.5B
Non Current Liabilities Total541.0M484.2M1.4B1.7B1.9B2.0B
Inventory1.8B2.9B5.9B10.0B11.5B12.1B
Other Current Assets2.6B3.4B5.2B2.3B2.6B2.9B
Other Stockholder Equity3.5B2.8B10.7B10.6B12.2B12.8B
Total Liab3.6B5.7B10.0B20.1B23.1B24.3B
Total Current Assets5.4B7.0B12.3B22.8B26.2B27.5B
Accumulated Other Comprehensive Income345.6M41.6M89.7M77.6M69.8M124.4M
Short Term Debt684.5M1.9B2.6B5.2B6.0B6.3B
Intangible Assets22.7M32.5M85.7M229.2M263.5M276.7M
Common Stock7.5M1.4B1.8B1.8B2.0B2.1B
Short Term Investments435.4M363.0M780.4M357.3M410.9M499.9M

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Other Information on Investing in Syrma Stock

Balance Sheet is a snapshot of the financial position of Syrma SGS Technology at a specified time, usually calculated after every quarter, six months, or one year. Syrma SGS Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Syrma SGS 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 Syrma currently owns. An asset can also be divided into two categories, current and non-current.