Sylogist Other Non Cash Items vs Dividends Paid Analysis
SYZ Stock | CAD 10.00 0.01 0.10% |
Sylogist financial indicator trend analysis is much more than just breaking down Sylogist prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sylogist is a good investment. Please check the relationship between Sylogist Other Non Cash Items and its Dividends Paid accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sylogist. 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.
Other Non Cash Items vs Dividends Paid
Other Non Cash Items vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sylogist Other Non Cash Items account and Dividends Paid. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sylogist's Other Non Cash Items and Dividends Paid is -0.2. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Sylogist, assuming nothing else is changed. The correlation between historical values of Sylogist's Other Non Cash Items and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Sylogist are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Other Non Cash Items i.e., Sylogist's Other Non Cash Items and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Non Cash Items
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most indicators from Sylogist's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sylogist 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 Sylogist. 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, Sylogist's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value is likely to grow to about 191.7 M, while Selling General Administrative is likely to drop about 8.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 38.7M | 69M | 65.5M | 68.8M | Depreciation And Amortization | 6.8M | 12.9M | 10.1M | 10.7M |
Sylogist fundamental ratios Correlations
Click cells to compare fundamentals
Sylogist Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sylogist fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 78.2M | 71.0M | 98.0M | 103.1M | 96.6M | 101.4M | |
Other Current Liab | 180K | 2.2M | 3.2M | 5.6M | 6.4M | 6.7M | |
Total Current Liabilities | 17.3M | 16.6M | 39.8M | 50.9M | 48.7M | 51.2M | |
Total Stockholder Equity | 58.5M | 51.9M | 46.7M | 39.9M | 37.6M | 26.3M | |
Property Plant And Equipment Net | 141K | 573K | 1.6M | 1.7M | 1.4M | 1.5M | |
Net Debt | (53.1M) | (42.3M) | (10.6M) | 7.4M | 6.1M | 6.4M | |
Retained Earnings | (23.1M) | (31.7M) | (40.1M) | (50.0M) | (50.7M) | (48.2M) | |
Accounts Payable | 555K | 372K | 630K | 1.6M | 1.9M | 2.0M | |
Cash | 53.1M | 42.8M | 29.6M | 14.5M | 11.6M | 17.3M | |
Non Current Assets Total | 21.6M | 22.8M | 64.5M | 75.6M | 70.3M | 73.8M | |
Cash And Short Term Investments | 53.1M | 42.8M | 29.6M | 14.5M | 11.6M | 18.3M | |
Net Receivables | 1.5M | 3.5M | 2.0M | 9.4M | 10.9M | 11.4M | |
Common Stock Shares Outstanding | 23.0M | 23.8M | 24.1M | 23.9M | 23.7M | 17.8M | |
Liabilities And Stockholders Equity | 78.2M | 71.0M | 98.0M | 103.1M | 96.6M | 101.4M | |
Non Current Liabilities Total | 2.4M | 2.4M | 11.6M | 12.2M | 10.3M | 10.8M | |
Other Stockholder Equity | 2.4M | 3.3M | 4.5M | 5.5M | 5.8M | 6.3M | |
Total Liab | 19.7M | 19.1M | 51.3M | 63.2M | 59.0M | 61.9M | |
Total Current Assets | 56.6M | 48.1M | 33.6M | 27.5M | 26.3M | 21.8M | |
Short Term Debt | 2.3M | 380K | 18.5M | 21.5M | 17.5M | 18.4M | |
Accumulated Other Comprehensive Income | 559K | 722K | (32K) | 2.2M | 1.5M | 1.6M | |
Inventory | 381K | 267K | 218K | 211K | 248K | 225.6K | |
Intangible Assets | 14.3M | 14.1M | 41.6M | 47.4M | 42.7M | 44.8M | |
Current Deferred Revenue | 14.3M | 13.7M | 17.5M | 22.2M | 22.9M | 24.1M | |
Common Stock | 78.7M | 79.6M | 82.4M | 82.2M | 81.0M | 72.0M | |
Capital Surpluse | 2.4M | 3.3M | 4.5M | 5.5M | 4.9M | 4.7M | |
Property Plant Equipment | 141K | 573K | 1.6M | 1.8M | 2.0M | 2.1M | |
Other Liab | 2.4M | 2.3M | 11.0M | 13.8M | 15.8M | 16.6M | |
Net Tangible Assets | 37.0M | 29.6M | (16.2M) | (38.6M) | (34.8M) | (33.0M) | |
Net Invested Capital | 58.5M | 51.9M | 64.9M | 54.8M | 63.0M | 57.6M | |
Net Working Capital | 39.2M | 31.5M | (6.2M) | (22.4M) | (20.2M) | (19.2M) |
Pair Trading with Sylogist
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sylogist position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sylogist will appreciate offsetting losses from the drop in the long position's value.Moving against Sylogist Stock
The ability to find closely correlated positions to Sylogist could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sylogist when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sylogist - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sylogist to buy it.
The correlation of Sylogist is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sylogist moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sylogist moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sylogist can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Sylogist Stock
Balance Sheet is a snapshot of the financial position of Sylogist at a specified time, usually calculated after every quarter, six months, or one year. Sylogist Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sylogist 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 Sylogist currently owns. An asset can also be divided into two categories, current and non-current.