Syros Total Current Liabilities vs Total Assets Analysis
SYRS Stock | USD 0.27 0.02 8.00% |
Syros Pharmaceuticals financial indicator trend analysis is much more than just breaking down Syros Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Syros Pharmaceuticals is a good investment. Please check the relationship between Syros Pharmaceuticals Total Current Liabilities and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Syros Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Syros Stock please use our How to Invest in Syros Pharmaceuticals guide.
Total Current Liabilities vs Total Assets
Total Current Liabilities vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Syros Pharmaceuticals Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Syros Pharmaceuticals' Total Current Liabilities and Total Assets is 0.91. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of Syros Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Syros Pharmaceuticals' Total Current Liabilities 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 Liabilities of Syros Pharmaceuticals 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 Liabilities i.e., Syros Pharmaceuticals' Total Current Liabilities and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Syros Pharmaceuticals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Syros Pharmaceuticals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Assets
Total assets refers to the total amount of Syros Pharmaceuticals 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 Syros Pharmaceuticals 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 Syros Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Syros Pharmaceuticals 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 Syros Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Syros Stock please use our How to Invest in Syros Pharmaceuticals guide.Issuance Of Capital Stock is likely to gain to about 86.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 18.9 M in 2024.
Syros Pharmaceuticals fundamental ratios Correlations
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Syros Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Syros Pharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 150.0M | 213.3M | 182.9M | 244.5M | 168.2M | 147.5M | |
Other Current Liab | 10.6M | 9.4M | 13.6M | 15.9M | 13.8M | 10.7M | |
Total Current Liabilities | 23.5M | 28.6M | 31.5M | 30.8M | 36.7M | 22.2M | |
Total Stockholder Equity | 79.2M | 90.6M | 85.2M | 127.7M | 16.7M | 15.8M | |
Other Liab | 22.6M | 29.6M | 3.0M | 24.5M | 28.1M | 29.5M | |
Net Tangible Assets | 79.2M | 125.4M | 106.1M | 148.6M | 170.9M | 179.4M | |
Property Plant And Equipment Net | 31.9M | 29.6M | 27.3M | 24.7M | 19.5M | 16.6M | |
Net Debt | (15.5M) | (107.8M) | (27.1M) | (103.9M) | (77.5M) | (81.3M) | |
Retained Earnings | (293.0M) | (377.0M) | (463.6M) | (558.2M) | (722.8M) | (686.7M) | |
Accounts Payable | 5.9M | 3.6M | 3.7M | 6.4M | 11.5M | 12.1M | |
Cash | 41.4M | 174.0M | 92.3M | 167.5M | 139.5M | 93.7M | |
Non Current Assets Total | 35.5M | 34.7M | 46.4M | 33.1M | 23.2M | 21.7M | |
Non Currrent Assets Other | 490K | 2.0M | 6.0M | 5.3M | 3.7M | 2.6M | |
Other Assets | 3.6M | 20.5M | 6.0M | 8.4M | 9.7M | 5.4M | |
Cash And Short Term Investments | 91.4M | 174.0M | 130.4M | 202.3M | 139.5M | 119.8M | |
Common Stock Total Equity | 26K | 34K | 43K | 56K | 20K | 28.2K | |
Common Stock Shares Outstanding | 4.0M | 4.6M | 6.3M | 12.6M | 28.3M | 29.7M | |
Short Term Investments | 39.8M | 49.8M | 50.0M | 0.0 | 38.1M | 34.8M | |
Liabilities And Stockholders Equity | 150.0M | 213.3M | 182.9M | 244.5M | 168.2M | 147.5M | |
Non Current Liabilities Total | 47.3M | 94.1M | 66.2M | 86.0M | 114.8M | 120.6M | |
Other Current Assets | 2.6M | 2.2M | 3.2M | 7.4M | 5.5M | 2.8M | |
Other Stockholder Equity | 372.1M | 467.5M | 548.8M | 685.8M | 739.4M | 377.3M | |
Total Liab | 70.8M | 122.7M | 97.7M | 116.8M | 151.5M | 159.1M | |
Property Plant And Equipment Gross | 31.9M | 29.6M | 37.1M | 37.2M | 27.1M | 19.9M | |
Total Current Assets | 114.5M | 178.6M | 136.6M | 211.4M | 145.0M | 125.8M | |
Accumulated Other Comprehensive Income | 24K | 0.0 | (79K) | 102K | 117.3K | 123.2K | |
Short Term Debt | 1.3M | 3.5M | 4.0M | 4.1M | 11.3M | 11.9M | |
Common Stock | 34K | 43K | 56K | 61K | 20K | 32.1K | |
Property Plant Equipment | 31.9M | 14.2M | 27.3M | 11.4M | 13.1M | 12.6M | |
Short Long Term Debt Total | 25.9M | 66.2M | 65.2M | 63.6M | 62.1M | 34.7M | |
Long Term Debt Total | 22K | 621K | 39.6M | 40.6M | 46.7M | 49.1M | |
Capital Surpluse | 296.1M | 372.1M | 467.5M | 685.8M | 788.7M | 828.2M | |
Current Deferred Revenue | 5.7M | 12.2M | 10.2M | 4.3M | 5.0M | 6.4M | |
Retained Earnings Total Equity | (217.5M) | (293.0M) | (377.0M) | (558.2M) | (502.4M) | (477.3M) | |
Capital Lease Obligations | 25.9M | 26.7M | 24.9M | 22.9M | 20.9M | 16.7M |
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