Synalloy Free Cash Flow vs Other Non Cash Items Analysis

ACNT Stock

USD 11.96 0.04 0.33%

Synalloy financial indicator trend analysis is much more than just breaking down Synalloy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synalloy is a good investment. Please check the relationship between Synalloy Free Cash Flow and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Synalloy. 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.

For more information on how to buy Synalloy Stock please use our How to Invest in Synalloy guide.

Free Cash Flow vs Other Non Cash Items

Free Cash Flow vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synalloy Free Cash Flow account and Other Non Cash Items. At this time, the significance of the direction appears to have weak relationship.

The correlation between Synalloy's Free Cash Flow and Other Non Cash Items is 0.35. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Synalloy, assuming nothing else is changed. The correlation between historical values of Synalloy's Free Cash Flow and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Synalloy are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Free Cash Flow i.e., Synalloy's Free Cash Flow and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Other Non Cash Items

Most indicators from Synalloy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synalloy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Synalloy. 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.

For more information on how to buy Synalloy Stock please use our How to Invest in Synalloy guide.Selling General Administrative is likely to gain to about 42.2 M in 2024, despite the fact that Tax Provision is likely to grow to (3.6 M).

	2021	2022	2023	2024 (projected)
Interest Expense	1.5M	2.7M	4.2M	4.4M
Depreciation And Amortization	10.8M	8.3M	7.7M	4.5M

Interest Expense Depreciation And Amortization

Synalloy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Accounts Payable	Common Stock	Current Deferred Revenue	Good Will	Intangible Assets
Total Assets		0.88	0.49	0.86	0.86	0.9	0.88	0.57	0.81	-0.15	0.82	0.51	0.91	0.95	0.51	0.5	0.95	0.96	0.2	0.39	0.39	0.73	0.62	-0.54	0.44	0.38
Short Long Term Debt Total	0.88		0.44	0.68	0.54	0.88	1.0	0.26	0.75	-0.1	0.69	0.5	0.99	0.85	0.52	0.45	0.97	0.84	0.18	0.36	0.36	0.56	0.38	-0.46	0.26	0.33
Other Current Liab	0.49	0.44		0.47	0.41	0.39	0.44	0.2	0.42	-0.11	0.19	0.4	0.44	0.44	0.46	0.33	0.47	0.45	-0.31	0.21	0.21	0.15	0.31	-0.09	0.35	0.35
Total Current Liabilities	0.86	0.68	0.47		0.72	0.7	0.68	0.47	0.68	-0.3	0.77	0.41	0.72	0.83	0.21	0.42	0.82	0.84	0.27	0.17	0.17	0.91	0.51	-0.49	0.42	0.62
Total Stockholder Equity	0.86	0.54	0.41	0.72		0.73	0.54	0.78	0.69	-0.12	0.68	0.42	0.59	0.78	0.49	0.46	0.65	0.81	0.19	0.32	0.32	0.58	0.74	-0.46	0.49	0.31
Property Plant And Equipment Net	0.9	0.88	0.39	0.7	0.73		0.88	0.34	0.87	0.03	0.62	0.64	0.88	0.79	0.48	0.62	0.88	0.78	0.21	0.31	0.31	0.59	0.69	-0.59	0.28	0.42
Net Debt	0.88	1.0	0.44	0.68	0.54	0.88		0.25	0.75	-0.1	0.68	0.5	0.99	0.85	0.52	0.44	0.97	0.84	0.19	0.35	0.35	0.56	0.37	-0.46	0.25	0.34
Retained Earnings	0.57	0.26	0.2	0.47	0.78	0.34	0.25		0.42	-0.2	0.61	-0.16	0.31	0.52	0.32	-0.09	0.37	0.59	0.2	0.15	0.15	0.32	0.24	-0.11	0.57	0.16
Non Current Assets Total	0.81	0.75	0.42	0.68	0.69	0.87	0.75	0.42		0.33	0.6	0.56	0.75	0.66	0.36	0.69	0.77	0.67	0.12	0.35	0.35	0.53	0.68	-0.57	0.55	0.53
Non Currrent Assets Other	-0.15	-0.1	-0.11	-0.3	-0.12	0.03	-0.1	-0.2	0.33		-0.13	0.27	-0.1	-0.29	-0.11	0.43	-0.15	-0.27	-0.42	0.42	0.42	-0.23	0.31	-0.19	0.18	-0.12
Net Receivables	0.82	0.69	0.19	0.77	0.68	0.62	0.68	0.61	0.6	-0.13		0.1	0.75	0.77	0.16	0.21	0.79	0.84	0.14	0.55	0.55	0.77	0.36	-0.27	0.54	0.12
Common Stock Shares Outstanding	0.51	0.5	0.4	0.41	0.42	0.64	0.5	-0.16	0.56	0.27	0.1		0.48	0.49	0.46	0.86	0.49	0.43	0.0	0.23	0.23	0.37	0.76	-0.72	-0.07	0.36
Non Current Liabilities Total	0.91	0.99	0.44	0.72	0.59	0.88	0.99	0.31	0.75	-0.1	0.75	0.48		0.88	0.49	0.43	0.99	0.88	0.14	0.41	0.41	0.62	0.41	-0.47	0.31	0.28
Inventory	0.95	0.85	0.44	0.83	0.78	0.79	0.85	0.52	0.66	-0.29	0.77	0.49	0.88		0.54	0.45	0.91	0.99	0.18	0.33	0.33	0.74	0.52	-0.6	0.24	0.36
Other Current Assets	0.51	0.52	0.46	0.21	0.49	0.48	0.52	0.32	0.36	-0.11	0.16	0.46	0.49	0.54		0.33	0.45	0.53	-0.01	0.08	0.08	-0.01	0.29	-0.28	0.01	-0.04
Other Stockholder Equity	0.5	0.45	0.33	0.42	0.46	0.62	0.44	-0.09	0.69	0.43	0.21	0.86	0.43	0.45	0.33		0.45	0.41	-0.11	0.36	0.36	0.4	0.83	-0.71	0.07	0.36
Total Liab	0.95	0.97	0.47	0.82	0.65	0.88	0.97	0.37	0.77	-0.15	0.79	0.49	0.99	0.91	0.45	0.45		0.92	0.18	0.38	0.38	0.71	0.46	-0.5	0.35	0.37
Total Current Assets	0.96	0.84	0.45	0.84	0.81	0.78	0.84	0.59	0.67	-0.27	0.84	0.43	0.88	0.99	0.53	0.41	0.92		0.14	0.39	0.39	0.74	0.51	-0.54	0.33	0.29
Short Term Debt	0.2	0.18	-0.31	0.27	0.19	0.21	0.19	0.2	0.12	-0.42	0.14	0.0	0.14	0.18	-0.01	-0.11	0.18	0.14		-0.38	-0.38	0.23	-0.09	-0.04	0.16	0.36
Cash	0.39	0.36	0.21	0.17	0.32	0.31	0.35	0.15	0.35	0.42	0.55	0.23	0.41	0.33	0.08	0.36	0.38	0.39	-0.38		1.0	0.18	0.38	-0.05	0.36	-0.36
Cash And Short Term Investments	0.39	0.36	0.21	0.17	0.32	0.31	0.35	0.15	0.35	0.42	0.55	0.23	0.41	0.33	0.08	0.36	0.38	0.39	-0.38	1.0		0.18	0.38	-0.05	0.36	-0.36
Accounts Payable	0.73	0.56	0.15	0.91	0.58	0.59	0.56	0.32	0.53	-0.23	0.77	0.37	0.62	0.74	-0.01	0.4	0.71	0.74	0.23	0.18	0.18		0.51	-0.59	0.23	0.47
Common Stock	0.62	0.38	0.31	0.51	0.74	0.69	0.37	0.24	0.68	0.31	0.36	0.76	0.41	0.52	0.29	0.83	0.46	0.51	-0.09	0.38	0.38	0.51		-0.7	0.22	0.26
Current Deferred Revenue	-0.54	-0.46	-0.09	-0.49	-0.46	-0.59	-0.46	-0.11	-0.57	-0.19	-0.27	-0.72	-0.47	-0.6	-0.28	-0.71	-0.5	-0.54	-0.04	-0.05	-0.05	-0.59	-0.7		0.15	-0.43
Good Will	0.44	0.26	0.35	0.42	0.49	0.28	0.25	0.57	0.55	0.18	0.54	-0.07	0.31	0.24	0.01	0.07	0.35	0.33	0.16	0.36	0.36	0.23	0.22	0.15		0.17
Intangible Assets	0.38	0.33	0.35	0.62	0.31	0.42	0.34	0.16	0.53	-0.12	0.12	0.36	0.28	0.36	-0.04	0.36	0.37	0.29	0.36	-0.36	-0.36	0.47	0.26	-0.43	0.17

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Synalloy Account Relationship Matchups

Synalloy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	257.2M	207.0M	266.0M	269.0M	175.9M	116.0M
Short Long Term Debt Total	113.4M	95.1M	105.2M	105.4M	31.4M	27.7M
Other Current Liab	11.5M	10.0M	9.8M	13.9M	8.0M	6.4M
Total Current Liabilities	40.6M	31.1M	50.5M	33.5M	24.8M	22.3M
Total Stockholder Equity	106.5M	80.3M	111.6M	134.3M	107.4M	64.0M
Property Plant And Equipment Net	76.5M	66.9M	74.5M	71.6M	57.5M	30.0M
Net Debt	112.8M	94.8M	103.2M	104.0M	29.5M	26.8M
Retained Earnings	70.6M	42.8M	63.1M	85.1M	58.5M	52.8M
Non Current Assets Total	110.1M	80.1M	106.0M	98.7M	86.5M	90.8M
Non Currrent Assets Other	348K	455K	4.5M	4.0M	20.5M	21.5M
Net Receivables	35.1M	28.2M	50.1M	33.2M	26.6M	21.7M
Common Stock Shares Outstanding	9.0M	9.1M	9.5M	10.4M	10.1M	8.6M
Liabilities And Stockholders Equity	257.2M	207.0M	266.0M	269.0M	163.3M	115.6M
Non Current Liabilities Total	110.1M	95.6M	103.9M	101.3M	43.7M	29.7M
Inventory	98.2M	85.1M	103.2M	114.5M	52.3M	46.9M
Other Current Assets	13.2M	26.8M	4.6M	68.1M	8.7M	6.4M
Other Stockholder Equity	25.7M	27.2M	37.4M	38.0M	37.8M	39.7M
Total Liab	150.7M	126.7M	154.4M	134.8M	68.5M	52.0M
Total Current Assets	147.1M	126.9M	160.0M	170.4M	89.4M	74.2M
Short Term Debt	7.8M	886K	3.8M	4.1M	360K	342K
Cash	626K	236K	2.0M	1.4M	1.9M	956.9K
Cash And Short Term Investments	626K	236K	2.0M	1.4M	1.9M	956.9K
Accounts Payable	21.2M	19.7M	32.3M	14.1M	16.4M	12.9M
Current Deferred Revenue	153K	298K	441K	304K	62K	58.9K
Intangible Assets	15.7M	11.4M	14.4M	10.4M	8.5M	12.9M
Other Assets	348K	455K	4.5M	1.0	1.15	1.09
Long Term Debt	71.6M	60.5M	67.9M	69.1M	62.2M	55.3M
Capital Lease Obligations	37.9M	33.7M	34.8M	33.5M	38.5M	30.8M
Net Invested Capital	182.1M	140.8M	179.5M	203.7M	234.3M	194.7M
Non Current Liabilities Other	3.7M	379K	89K	68K	61.2K	58.1K
Net Working Capital	106.5M	95.8M	109.5M	136.9M	157.4M	127.4M

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