Scilex Net Invested Capital vs Good Will 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 Invested Capital and its Good Will 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 Invested Capital vs Good Will

Net Invested Capital vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scilex Holding Net Invested Capital account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Scilex Holding's Net Invested Capital and Good Will is 0.52. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Good Will 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 Invested Capital and Good Will 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 Invested Capital of Scilex Holding are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Invested Capital i.e., Scilex Holding's Net Invested Capital and Good Will go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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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