Syntec Short Term Debt vs Capital Stock Analysis

OPTX Stock   3.50  1.56  80.41%   
Syntec Optics financial indicator trend analysis is much more than just breaking down Syntec Optics Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Syntec Optics Holdings is a good investment. Please check the relationship between Syntec Optics Short Term Debt and its Capital Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Syntec Optics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Short Term Debt vs Capital Stock

Short Term Debt vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Syntec Optics Holdings Short Term Debt account and Capital Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Syntec Optics' Short Term Debt and Capital Stock is -0.9. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Syntec Optics Holdings, assuming nothing else is changed. The correlation between historical values of Syntec Optics' Short Term Debt and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Syntec Optics Holdings are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Short Term Debt i.e., Syntec Optics' Short Term Debt and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Debt

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Syntec Optics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Syntec Optics Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Syntec Optics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Syntec Optics' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 194.7 M in 2024, despite the fact that Tax Provision is likely to grow to (683.2 K).
 2010 2022 2023 2024 (projected)
Interest Expense194.8K336.0K654.8K434.7K
Depreciation And Amortization3.2M3.1M2.8M2.4M

Syntec Optics fundamental ratios Correlations

0.82-0.261.0-0.310.87-0.580.660.890.150.880.88-0.820.840.88-0.71-0.830.70.80.020.45-0.810.911.0-0.760.79
0.82-0.740.79-0.741.0-0.940.950.95-0.360.690.99-0.980.970.69-0.98-0.940.981.0-0.440.85-1.00.980.83-0.880.98
-0.26-0.74-0.210.99-0.690.89-0.9-0.520.89-0.05-0.660.64-0.62-0.050.850.54-0.81-0.750.9-0.980.73-0.6-0.30.74-0.79
1.00.79-0.21-0.260.84-0.540.620.880.20.890.86-0.80.810.89-0.67-0.810.670.770.070.41-0.780.890.99-0.730.76
-0.31-0.740.99-0.26-0.70.85-0.91-0.50.89-0.02-0.670.62-0.59-0.020.830.5-0.78-0.730.93-0.980.71-0.6-0.360.81-0.82
0.871.0-0.690.84-0.7-0.910.930.96-0.30.731.0-0.980.970.73-0.97-0.940.960.99-0.390.82-0.990.990.87-0.890.98
-0.58-0.940.89-0.540.85-0.91-0.96-0.840.58-0.49-0.890.92-0.91-0.490.980.86-0.99-0.950.6-0.930.95-0.87-0.590.78-0.92
0.660.95-0.90.62-0.910.93-0.960.82-0.620.440.92-0.880.870.44-0.98-0.810.960.95-0.690.97-0.940.880.68-0.920.98
0.890.95-0.520.88-0.50.96-0.840.82-0.080.870.97-0.990.990.87-0.9-0.990.920.96-0.150.66-0.960.990.88-0.740.89
0.15-0.360.890.20.89-0.30.58-0.62-0.080.41-0.270.22-0.190.410.510.09-0.45-0.370.98-0.790.34-0.180.10.49-0.47
0.880.69-0.050.89-0.020.73-0.490.440.870.410.75-0.790.811.0-0.57-0.860.620.70.350.22-0.720.810.83-0.430.58
0.880.99-0.660.86-0.671.0-0.890.920.97-0.270.75-0.970.970.75-0.96-0.940.950.99-0.360.8-0.991.00.89-0.880.97
-0.82-0.980.64-0.80.62-0.980.92-0.88-0.990.22-0.79-0.97-1.0-0.790.950.99-0.97-0.990.28-0.760.99-0.98-0.810.77-0.92
0.840.97-0.620.81-0.590.97-0.910.870.99-0.190.810.97-1.00.81-0.94-0.990.960.98-0.250.74-0.990.980.82-0.760.92
0.880.69-0.050.89-0.020.73-0.490.440.870.411.00.75-0.790.81-0.57-0.860.620.70.350.22-0.720.810.83-0.430.58
-0.71-0.980.85-0.670.83-0.970.98-0.98-0.90.51-0.57-0.960.95-0.94-0.570.89-0.99-0.990.57-0.930.98-0.93-0.720.87-0.98
-0.83-0.940.54-0.810.5-0.940.86-0.81-0.990.09-0.86-0.940.99-0.99-0.860.89-0.93-0.950.14-0.660.96-0.96-0.810.68-0.86
0.70.98-0.810.67-0.780.96-0.990.960.92-0.450.620.95-0.970.960.62-0.99-0.930.99-0.490.89-0.990.930.7-0.80.95
0.81.0-0.750.77-0.730.99-0.950.950.96-0.370.70.99-0.990.980.7-0.99-0.950.99-0.430.85-1.00.980.8-0.850.97
0.02-0.440.90.070.93-0.390.6-0.69-0.150.980.35-0.360.28-0.250.350.570.14-0.49-0.43-0.840.4-0.27-0.040.62-0.56
0.450.85-0.980.41-0.980.82-0.930.970.66-0.790.220.8-0.760.740.22-0.93-0.660.890.85-0.84-0.840.740.49-0.860.9
-0.81-1.00.73-0.780.71-0.990.95-0.94-0.960.34-0.72-0.990.99-0.99-0.720.980.96-0.99-1.00.4-0.84-0.98-0.810.84-0.97
0.910.98-0.60.89-0.60.99-0.870.880.99-0.180.811.0-0.980.980.81-0.93-0.960.930.98-0.270.74-0.980.91-0.850.95
1.00.83-0.30.99-0.360.87-0.590.680.880.10.830.89-0.810.820.83-0.72-0.810.70.8-0.040.49-0.810.91-0.810.81
-0.76-0.880.74-0.730.81-0.890.78-0.92-0.740.49-0.43-0.880.77-0.76-0.430.870.68-0.8-0.850.62-0.860.84-0.85-0.81-0.95
0.790.98-0.790.76-0.820.98-0.920.980.89-0.470.580.97-0.920.920.58-0.98-0.860.950.97-0.560.9-0.970.950.81-0.95
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Syntec Optics Account Relationship Matchups

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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.