Syntec Net Working Capital from 2010 to 2024

OPTX Stock   3.50  1.56  80.41%   
Syntec Optics Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 2.3 M in 2024. During the period from 2010 to 2024, Syntec Optics Net Working Capital regression line of annual values had r-squared of  0.30 and arithmetic mean of  1,432,404. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
3.8 M
Current Value
2.3 M
Quarterly Volatility
707.4 K
 
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 Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Syntec Optics Holdings over the last few years. It is Syntec Optics' Net Working Capital 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 Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Syntec Net Working Capital Regression Statistics

Arithmetic Mean1,432,404
Geometric Mean1,338,419
Coefficient Of Variation49.39
Mean Deviation426,563
Median1,175,122
Standard Deviation707,424
Sample Variance500.4B
Range2.6M
R-Value0.54
Mean Square Error379B
R-Squared0.30
Significance0.04
Slope86,183
Total Sum of Squares7T

Syntec Net Working Capital History

20242.3 M
20233.8 M
20221.3 M

About Syntec Optics Financial Statements

Syntec Optics investors use historical fundamental indicators, such as Syntec Optics' Net Working Capital, 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 Working Capital3.8 M2.3 M

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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.