Scilex Good Will vs Property Plant And Equipment Gross Analysis

SCLXW Stock   0.29  0.02  7.41%   
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 Good Will and its Property Plant And Equipment Gross 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 interest.
For more information on how to buy Scilex Stock please use our How to Invest in Scilex Holding guide.

Good Will vs Property Plant And Equipment Gross

Good Will vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scilex Holding Good Will account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Scilex Holding's Good Will and Property Plant And Equipment Gross is -0.59. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant And Equipment Gross 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 Good Will and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Scilex Holding are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Good Will i.e., Scilex Holding's Good Will and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Property Plant And Equipment Gross

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 interest.
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 climb 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

-0.710.43-0.61-0.550.18-0.270.420.9-0.820.691.0-0.640.790.69-0.620.940.75-0.18-0.64-0.25-0.580.20.53-0.31-0.58
-0.71-0.390.50.7-0.010.74-0.38-0.880.95-0.58-0.680.83-0.87-0.580.95-0.83-0.840.660.810.60.74-0.14-0.330.770.8
0.43-0.390.10.15-0.810.291.00.47-0.240.920.37-0.80.740.92-0.420.270.790.38-0.09-0.78-0.870.92-0.420.25-0.64
-0.610.50.10.93-0.570.40.11-0.730.57-0.29-0.640.37-0.49-0.290.61-0.55-0.430.330.9-0.30.290.47-0.920.420.58
-0.550.70.150.93-0.560.710.16-0.750.74-0.21-0.580.44-0.54-0.210.77-0.62-0.470.650.97-0.10.330.5-0.850.730.63
0.18-0.01-0.81-0.57-0.56-0.44-0.810.09-0.24-0.530.250.45-0.28-0.530.050.27-0.36-0.48-0.350.740.55-0.890.84-0.420.28
-0.270.740.290.40.71-0.440.29-0.460.750.11-0.280.28-0.320.110.66-0.56-0.260.990.660.20.140.43-0.431.00.33
0.42-0.381.00.110.16-0.810.290.46-0.240.920.36-0.80.730.92-0.410.270.790.39-0.08-0.78-0.860.92-0.420.25-0.63
0.9-0.880.47-0.73-0.750.09-0.460.46-0.890.760.89-0.840.930.76-0.890.880.9-0.35-0.86-0.38-0.770.150.53-0.5-0.85
-0.820.95-0.240.570.74-0.240.75-0.24-0.89-0.49-0.810.69-0.79-0.490.85-0.95-0.740.680.790.430.58-0.01-0.490.780.65
0.69-0.580.92-0.29-0.21-0.530.110.920.76-0.490.65-0.910.911.0-0.640.530.930.23-0.43-0.64-0.940.71-0.030.06-0.82
1.0-0.680.37-0.64-0.580.25-0.280.360.89-0.810.65-0.590.750.65-0.60.940.71-0.19-0.64-0.18-0.530.140.58-0.32-0.55
-0.640.83-0.80.370.440.450.28-0.8-0.840.69-0.91-0.59-0.98-0.910.88-0.6-0.990.160.640.750.99-0.54-0.030.320.95
0.79-0.870.74-0.49-0.54-0.28-0.320.730.93-0.790.910.75-0.980.91-0.890.741.0-0.2-0.72-0.66-0.950.460.2-0.37-0.93
0.69-0.580.92-0.29-0.21-0.530.110.920.76-0.491.00.65-0.910.91-0.640.530.930.23-0.43-0.64-0.940.71-0.030.06-0.82
-0.620.95-0.420.610.770.050.66-0.41-0.890.85-0.64-0.60.88-0.89-0.64-0.69-0.870.560.890.540.81-0.1-0.360.690.92
0.94-0.830.27-0.55-0.620.27-0.560.270.88-0.950.530.94-0.60.740.53-0.690.69-0.49-0.67-0.33-0.510.090.52-0.59-0.53
0.75-0.840.79-0.43-0.47-0.36-0.260.790.9-0.740.930.71-0.991.00.93-0.870.69-0.14-0.66-0.7-0.970.530.12-0.31-0.93
-0.180.660.380.330.65-0.480.990.39-0.350.680.23-0.190.16-0.20.230.56-0.49-0.140.570.140.020.48-0.40.980.21
-0.640.81-0.090.90.97-0.350.66-0.08-0.860.79-0.43-0.640.64-0.72-0.430.89-0.67-0.660.570.10.550.29-0.730.680.8
-0.250.6-0.78-0.3-0.10.740.2-0.78-0.380.43-0.64-0.180.75-0.66-0.640.54-0.33-0.70.140.10.76-0.780.550.230.55
-0.580.74-0.870.290.330.550.14-0.86-0.770.58-0.94-0.530.99-0.95-0.940.81-0.51-0.970.020.550.76-0.630.060.180.93
0.2-0.140.920.470.5-0.890.430.920.15-0.010.710.14-0.540.460.71-0.10.090.530.480.29-0.78-0.63-0.690.4-0.3
0.53-0.33-0.42-0.92-0.850.84-0.43-0.420.53-0.49-0.030.58-0.030.2-0.03-0.360.520.12-0.4-0.730.550.06-0.69-0.44-0.24
-0.310.770.250.420.73-0.421.00.25-0.50.780.06-0.320.32-0.370.060.69-0.59-0.310.980.680.230.180.4-0.440.37
-0.580.8-0.640.580.630.280.33-0.63-0.850.65-0.82-0.550.95-0.93-0.820.92-0.53-0.930.210.80.550.93-0.3-0.240.37
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Scilex Holding Account Relationship Matchups

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