Syntec Net Debt from 2010 to 2024

OPTX Stock   3.50  1.56  80.41%   
Syntec Optics Net Debt yearly trend continues to be fairly stable with very little volatility. Net Debt is likely to outpace its year average in 2024. Net Debt is the total debt of Syntec Optics Holdings minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2010-12-31
Previous Quarter
6.8 M
Current Value
7.1 M
Quarterly Volatility
1.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Syntec Optics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Syntec Optics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 434.7 K or Selling General Administrative of 6.7 M, as well as many indicators such as Price To Sales Ratio of 9.27, Dividend Yield of 8.0E-4 or PTB Ratio of 10.78. Syntec financial statements analysis is a perfect complement when working with Syntec Optics Valuation or Volatility modules.
  
Check out the analysis of Syntec Optics Correlation against competitors.

Latest Syntec Optics' Net Debt Growth Pattern

Below is the plot of the Net Debt of Syntec Optics Holdings over the last few years. It is 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. Syntec Optics' Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Syntec Optics' overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Syntec Net Debt Regression Statistics

Arithmetic Mean9,846,953
Geometric Mean9,763,730
Coefficient Of Variation12.26
Mean Deviation827,078
Median10,363,877
Standard Deviation1,207,176
Sample Variance1.5T
Range3.6M
R-Value(0.65)
Mean Square Error912.4B
R-Squared0.42
Significance0.01
Slope(174,655)
Total Sum of Squares20.4T

Syntec Net Debt History

20247.1 M
20236.8 M
20229.5 M

Other Fundumenentals of Syntec Optics Holdings

Syntec Optics Net Debt component correlations

-0.31-0.580.660.890.150.84-0.710.911.00.79-0.03-0.72-0.350.79-0.720.74
-0.310.85-0.91-0.50.89-0.590.83-0.6-0.36-0.820.930.640.95-0.810.64-0.82
-0.580.85-0.96-0.840.58-0.910.98-0.87-0.59-0.920.590.950.95-0.930.95-0.76
0.66-0.91-0.960.82-0.620.87-0.980.880.680.98-0.7-0.88-0.930.98-0.880.91
0.89-0.5-0.840.82-0.080.99-0.90.990.880.89-0.17-0.95-0.640.9-0.950.71
0.150.890.58-0.62-0.08-0.190.51-0.180.1-0.470.960.290.81-0.460.29-0.52
0.84-0.59-0.910.870.99-0.19-0.940.980.820.92-0.26-0.98-0.730.93-0.980.73
-0.710.830.98-0.98-0.90.51-0.94-0.93-0.72-0.980.580.950.91-0.980.95-0.85
0.91-0.6-0.870.880.99-0.180.98-0.930.910.95-0.3-0.93-0.690.96-0.930.82
1.0-0.36-0.590.680.880.10.82-0.720.910.81-0.1-0.7-0.370.81-0.70.79
0.79-0.82-0.920.980.89-0.470.92-0.980.950.81-0.58-0.89-0.841.0-0.890.93
-0.030.930.59-0.7-0.170.96-0.260.58-0.3-0.1-0.580.310.79-0.570.31-0.69
-0.720.640.95-0.88-0.950.29-0.980.95-0.93-0.7-0.890.310.8-0.91.0-0.66
-0.350.950.95-0.93-0.640.81-0.730.91-0.69-0.37-0.840.790.8-0.840.8-0.73
0.79-0.81-0.930.980.9-0.460.93-0.980.960.811.0-0.57-0.9-0.84-0.90.92
-0.720.640.95-0.88-0.950.29-0.980.95-0.93-0.7-0.890.311.00.8-0.9-0.66
0.74-0.82-0.760.910.71-0.520.73-0.850.820.790.93-0.69-0.66-0.730.92-0.66
Click cells to compare fundamentals

About Syntec Optics Financial Statements

Syntec Optics investors use historical fundamental indicators, such as Syntec Optics' Net Debt, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Syntec Optics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt6.8 M7.1 M
Net Debt To EBITDA 1.45  2.55 

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Additional Tools for Syntec Stock Analysis

When running Syntec Optics' price analysis, check to measure Syntec Optics' 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 Syntec Optics is operating at the current time. Most of Syntec Optics' value examination focuses on studying past and present price action to predict the probability of Syntec Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntec Optics' price. Additionally, you may evaluate how the addition of Syntec Optics to your portfolios can decrease your overall portfolio volatility.