Scilex Net Income From Continuing Ops vs Selling General Administrative Analysis

SCLX Stock   0.59  0.02  3.51%   
Scilex Holding financial indicator trend analysis is much more than just breaking down Scilex Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scilex Holding is a good investment. Please check the relationship between Scilex Holding Net Income From Continuing Ops and its Selling General Administrative accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scilex Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Scilex Stock please use our How to Invest in Scilex Holding guide.

Net Income From Continuing Ops vs Selling General Administrative

Net Income From Continuing Ops vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scilex Holding Net Income From Continuing Ops account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Scilex Holding's Net Income From Continuing Ops and Selling General Administrative is -0.14. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Scilex Holding, assuming nothing else is changed. The correlation between historical values of Scilex Holding's Net Income From Continuing Ops and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Scilex Holding are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income From Continuing Ops i.e., Scilex Holding's Net Income From Continuing Ops and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Selling General Administrative

Most indicators from Scilex Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scilex Holding 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 Scilex Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Scilex Stock please use our How to Invest in Scilex Holding guide.At this time, Scilex Holding's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 37.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 75.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense39.8M9.6M1.1M1.0M
Depreciation And Amortization4.2M4.5M4.1M4.6M

Scilex Holding fundamental ratios Correlations

-0.710.43-0.61-0.550.180.77-0.65-0.270.420.9-0.820.691.0-0.64-0.510.760.69-0.620.940.75-0.18-0.64-0.25-0.580.2
-0.71-0.390.50.7-0.01-0.880.40.74-0.38-0.880.95-0.58-0.680.830.86-0.61-0.580.95-0.83-0.840.660.810.60.74-0.14
0.43-0.390.10.15-0.810.75-0.360.291.00.47-0.240.920.37-0.8-0.640.520.92-0.420.270.790.38-0.09-0.78-0.870.92
-0.610.50.10.93-0.57-0.420.840.40.11-0.730.57-0.29-0.640.370.44-0.79-0.290.61-0.55-0.430.330.9-0.30.290.47
-0.550.70.150.93-0.56-0.50.650.710.16-0.750.74-0.21-0.580.440.57-0.67-0.210.77-0.62-0.470.650.97-0.10.330.5
0.18-0.01-0.81-0.57-0.56-0.32-0.11-0.44-0.810.09-0.24-0.530.250.450.35-0.01-0.530.050.27-0.36-0.48-0.350.740.55-0.89
0.77-0.880.75-0.42-0.5-0.32-0.59-0.350.740.91-0.80.890.73-0.98-0.920.790.89-0.890.750.99-0.23-0.68-0.72-0.950.49
-0.650.4-0.360.840.65-0.11-0.59-0.03-0.36-0.750.4-0.67-0.650.590.55-0.96-0.670.57-0.44-0.64-0.140.73-0.070.580.0
-0.270.740.290.40.71-0.44-0.35-0.030.29-0.460.750.11-0.280.280.45-0.10.110.66-0.56-0.260.990.660.20.140.43
0.42-0.381.00.110.16-0.810.74-0.360.290.46-0.240.920.36-0.8-0.630.520.92-0.410.270.790.39-0.08-0.78-0.860.92
0.9-0.880.47-0.73-0.750.090.91-0.75-0.460.46-0.890.760.89-0.84-0.810.880.76-0.890.880.9-0.35-0.86-0.38-0.770.15
-0.820.95-0.240.570.74-0.24-0.80.40.75-0.24-0.89-0.49-0.810.690.69-0.58-0.490.85-0.95-0.740.680.790.430.58-0.01
0.69-0.580.92-0.29-0.21-0.530.89-0.670.110.920.76-0.490.65-0.91-0.770.811.0-0.640.530.930.23-0.43-0.64-0.940.71
1.0-0.680.37-0.64-0.580.250.73-0.65-0.280.360.89-0.810.65-0.59-0.470.750.65-0.60.940.71-0.19-0.64-0.18-0.530.14
-0.640.83-0.80.370.440.45-0.980.590.28-0.8-0.840.69-0.91-0.590.96-0.78-0.910.88-0.6-0.990.160.640.750.99-0.54
-0.510.86-0.640.440.570.35-0.920.550.45-0.63-0.810.69-0.77-0.470.96-0.73-0.770.95-0.53-0.920.340.740.70.93-0.35
0.76-0.610.52-0.79-0.67-0.010.79-0.96-0.10.520.88-0.580.810.75-0.78-0.730.81-0.740.590.820.02-0.79-0.18-0.760.16
0.69-0.580.92-0.29-0.21-0.530.89-0.670.110.920.76-0.491.00.65-0.91-0.770.81-0.640.530.930.23-0.43-0.64-0.940.71
-0.620.95-0.420.610.770.05-0.890.570.66-0.41-0.890.85-0.64-0.60.880.95-0.74-0.64-0.69-0.870.560.890.540.81-0.1
0.94-0.830.27-0.55-0.620.270.75-0.44-0.560.270.88-0.950.530.94-0.6-0.530.590.53-0.690.69-0.49-0.67-0.33-0.510.09
0.75-0.840.79-0.43-0.47-0.360.99-0.64-0.260.790.9-0.740.930.71-0.99-0.920.820.93-0.870.69-0.14-0.66-0.7-0.970.53
-0.180.660.380.330.65-0.48-0.23-0.140.990.39-0.350.680.23-0.190.160.340.020.230.56-0.49-0.140.570.140.020.48
-0.640.81-0.090.90.97-0.35-0.680.730.66-0.08-0.860.79-0.43-0.640.640.74-0.79-0.430.89-0.67-0.660.570.10.550.29
-0.250.6-0.78-0.3-0.10.74-0.72-0.070.2-0.78-0.380.43-0.64-0.180.750.7-0.18-0.640.54-0.33-0.70.140.10.76-0.78
-0.580.74-0.870.290.330.55-0.950.580.14-0.86-0.770.58-0.94-0.530.990.93-0.76-0.940.81-0.51-0.970.020.550.76-0.63
0.2-0.140.920.470.5-0.890.490.00.430.920.15-0.010.710.14-0.54-0.350.160.71-0.10.090.530.480.29-0.78-0.63
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Scilex Holding Account Relationship Matchups

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