Synchronoss Capital Stock vs Short Term Debt Analysis
SNCR Stock | USD 10.00 0.25 2.44% |
Synchronoss Technologies financial indicator trend analysis is much more than just breaking down Synchronoss Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synchronoss Technologies is a good investment. Please check the relationship between Synchronoss Technologies Capital Stock and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchronoss Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Synchronoss Stock, please use our How to Invest in Synchronoss Technologies guide.
Capital Stock vs Short Term Debt
Capital Stock vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synchronoss Technologies Capital Stock account and Short Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Synchronoss Technologies' Capital Stock and Short Term Debt is 0.34. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Synchronoss Technologies, assuming nothing else is changed. The correlation between historical values of Synchronoss Technologies' Capital Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Synchronoss Technologies are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Capital Stock i.e., Synchronoss Technologies' Capital Stock and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Short Term Debt
Most indicators from Synchronoss Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synchronoss Technologies 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 Synchronoss Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Synchronoss Stock, please use our How to Invest in Synchronoss Technologies guide.At this time, Synchronoss Technologies' Tax Provision is relatively stable compared to the past year. As of 12/11/2024, Enterprise Value Over EBITDA is likely to grow to 143.23, while Discontinued Operations is likely to drop slightly above 15.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 171.6M | 160.9M | 122.0M | 141.9M | Total Revenue | 280.6M | 252.6M | 164.2M | 247.8M |
Synchronoss Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Synchronoss Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Synchronoss Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 523.0M | 482.3M | 450.7M | 398.1M | 310.3M | 476.9M | |
Total Stockholder Equity | 277.7M | 280.9M | 163.3M | 136.4M | 85.4M | 81.2M | |
Other Assets | 8.1M | 46.8M | 147.1M | 97.4M | 1.0 | 0.95 | |
Common Stock Shares Outstanding | 4.5M | 4.7M | 7.2M | 1.1M | 9.7M | 9.3M | |
Liabilities And Stockholders Equity | 523.0M | 482.3M | 450.7M | 398.1M | 310.3M | 476.9M | |
Other Stockholder Equity | 443.7M | 417.3M | 492.5M | 488.9M | 483.5M | 277.6M | |
Total Liab | 232.8M | 201.3M | 274.9M | 249.1M | 212.4M | 189.8M | |
Short Long Term Debt Total | 61.0M | 54.3M | 169.2M | 169.7M | 166.2M | 118.8M | |
Other Current Liab | 48.3M | 56.0M | 52.6M | 62.1M | 32.4M | 33.0M | |
Total Current Liabilities | 144.2M | 92.1M | 73.0M | 80.5M | 47.7M | 77.0M | |
Property Plant And Equipment Net | 80.5M | 34.5M | 26.4M | 20.9M | 18.5M | 17.5M | |
Current Deferred Revenue | 65.9M | 33.0M | 22.4M | 14.2M | 1.1M | 1.0M | |
Net Debt | 22.0M | 20.6M | 137.7M | 147.8M | 141.6M | 148.7M | |
Retained Earnings | (334.3M) | (345.8M) | (368.7M) | (376.6M) | (431.2M) | (409.6M) | |
Accounts Payable | 21.6M | 12.7M | 11.1M | 9.7M | 7.5M | 14.3M | |
Cash | 39.0M | 33.7M | 31.5M | 21.9M | 24.6M | 23.3M | |
Non Current Assets Total | 389.1M | 400.7M | 371.6M | 329.1M | 228.3M | 321.5M | |
Non Currrent Assets Other | 8.1M | 133.4M | 120.7M | 97.4M | 3.7M | 3.6M | |
Cash And Short Term Investments | 39.0M | 33.7M | 31.5M | 21.9M | 24.6M | 23.3M | |
Net Receivables | 65.9M | 47.8M | 47.6M | 47.0M | 23.5M | 22.3M | |
Non Current Liabilities Total | 88.6M | 109.3M | 201.9M | 168.6M | 164.7M | 132.7M | |
Other Current Assets | 4.8M | 79.7M | 85.8M | 36.3M | 34.0M | 35.7M | |
Property Plant And Equipment Gross | 80.5M | 46.3M | 26.4M | 20.9M | 75.6M | 68.5M | |
Total Current Assets | 133.9M | 81.5M | 79.1M | 68.9M | 82.0M | 77.9M | |
Accumulated Other Comprehensive Income | (32.5M) | (28.2M) | (33.0M) | (44.1M) | (25.7M) | (24.4M) | |
Short Term Debt | 8.5M | 20.1M | 7.5M | 5.7M | 6.4M | 6.1M | |
Property Plant Equipment | 26.5M | 46.3M | 26.4M | 25.4M | 29.3M | 27.8M | |
Other Liab | 28.2M | 19.4M | 32.7M | 4.7M | 5.4M | 5.2M | |
Good Will | 223.0M | 232.8M | 224.6M | 210.9M | 183.9M | 174.1M | |
Intangible Assets | 77.6M | 69.6M | 60.3M | 47.5M | 22.2M | 21.1M | |
Net Tangible Assets | 372.4M | (259.1M) | (133.8M) | (109.5M) | (98.5M) | (93.6M) | |
Retained Earnings Total Equity | (334.3M) | (345.8M) | (368.7M) | (376.6M) | (339.0M) | (322.0M) | |
Long Term Debt Total | 238.9M | 9.5M | 133.1M | 134.6M | 154.8M | 139.2M | |
Capital Surpluse | 525.7M | 499.3M | 492.5M | 488.8M | 562.2M | 525.0M |
Pair Trading with Synchronoss Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Synchronoss Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Synchronoss Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Synchronoss Stock
0.87 | NN | Nextnav Acquisition Corp | PairCorr |
0.84 | ZS | Zscaler | PairCorr |
0.79 | FIVN | Five9 Inc | PairCorr |
0.78 | S | SentinelOne | PairCorr |
0.78 | FLYW | Flywire Corp | PairCorr |
The ability to find closely correlated positions to Synchronoss Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Synchronoss Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Synchronoss Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Synchronoss Technologies to buy it.
The correlation of Synchronoss Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Synchronoss Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Synchronoss Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Synchronoss Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Synchronoss Stock Analysis
When running Synchronoss Technologies' price analysis, check to measure Synchronoss Technologies' 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 Synchronoss Technologies is operating at the current time. Most of Synchronoss Technologies' value examination focuses on studying past and present price action to predict the probability of Synchronoss Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synchronoss Technologies' price. Additionally, you may evaluate how the addition of Synchronoss Technologies to your portfolios can decrease your overall portfolio volatility.