Synaptogenix Net Working Capital vs Total Current Liabilities Analysis

SNPX Stock  USD 2.88  0.02  0.69%   
Synaptogenix financial indicator trend analysis is much more than just breaking down Synaptogenix prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synaptogenix is a good investment. Please check the relationship between Synaptogenix Net Working Capital and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synaptogenix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Synaptogenix Stock please use our How to Invest in Synaptogenix guide.

Net Working Capital vs Total Current Liabilities

Net Working Capital vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synaptogenix Net Working Capital account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Synaptogenix's Net Working Capital and Total Current Liabilities is 0.44. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Synaptogenix, assuming nothing else is changed. The correlation between historical values of Synaptogenix's Net Working Capital and Total Current Liabilities 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 Working Capital of Synaptogenix are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Working Capital i.e., Synaptogenix's Net Working Capital and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Net Working Capital

Total Current Liabilities

Total Current Liabilities is an item on Synaptogenix balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Synaptogenix are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Synaptogenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synaptogenix 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 Synaptogenix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Synaptogenix Stock please use our How to Invest in Synaptogenix guide.At this time, Synaptogenix's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 3.22 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Income7.1K335.0K1.5M1.6M
Net Interest Income7.1K335.0K1.5M1.6M

Synaptogenix fundamental ratios Correlations

0.520.540.980.95-0.48-1.00.480.191.00.411.0-0.080.690.53-0.320.680.980.491.00.990.06-0.45-0.37-0.37-0.37
0.520.980.380.59-0.95-0.530.510.110.480.990.51-0.830.58-0.12-0.530.840.390.960.510.420.44-0.88-0.94-0.94-0.94
0.540.980.40.59-0.91-0.540.670.330.50.930.52-0.880.690.06-0.690.870.410.950.530.440.28-0.85-0.89-0.89-0.89
0.980.380.40.9-0.38-0.990.390.160.990.280.980.080.60.56-0.220.531.00.340.991.0-0.03-0.39-0.27-0.27-0.27
0.950.590.590.9-0.53-0.930.410.080.940.510.95-0.170.590.39-0.250.760.910.620.950.920.32-0.46-0.38-0.38-0.38
-0.48-0.95-0.91-0.38-0.530.51-0.37-0.08-0.45-0.95-0.470.75-0.410.170.4-0.65-0.41-0.85-0.47-0.4-0.410.980.960.960.96
-1.0-0.53-0.54-0.99-0.930.51-0.46-0.17-1.0-0.43-1.00.08-0.68-0.50.31-0.65-0.98-0.48-1.0-0.99-0.040.50.420.420.42
0.480.510.670.390.41-0.37-0.460.840.450.380.46-0.620.930.69-0.980.730.370.540.480.41-0.38-0.34-0.35-0.35-0.35
0.190.110.330.160.08-0.08-0.170.840.17-0.020.16-0.40.640.78-0.830.280.160.120.190.15-0.68-0.13-0.03-0.03-0.03
1.00.480.50.990.94-0.45-1.00.450.170.371.0-0.030.670.54-0.290.640.990.451.01.00.04-0.43-0.34-0.34-0.34
0.410.990.930.280.51-0.95-0.430.38-0.020.370.41-0.820.45-0.28-0.420.770.290.950.40.320.54-0.87-0.95-0.95-0.95
1.00.510.520.980.95-0.47-1.00.460.161.00.41-0.060.670.52-0.30.670.980.491.00.990.07-0.45-0.36-0.36-0.36
-0.08-0.83-0.880.08-0.170.750.08-0.62-0.4-0.03-0.82-0.06-0.50.110.72-0.680.07-0.83-0.070.04-0.220.680.770.770.77
0.690.580.690.60.59-0.41-0.680.930.640.670.450.67-0.50.66-0.880.80.570.580.690.63-0.3-0.38-0.43-0.43-0.43
0.53-0.120.060.560.390.17-0.50.690.780.54-0.280.520.110.66-0.560.250.54-0.080.540.55-0.690.140.270.270.27
-0.32-0.53-0.69-0.22-0.250.40.31-0.98-0.83-0.29-0.42-0.30.72-0.88-0.56-0.67-0.19-0.55-0.32-0.240.380.380.420.420.42
0.680.840.870.530.76-0.65-0.650.730.280.640.770.67-0.680.80.25-0.670.530.910.670.580.32-0.53-0.61-0.61-0.61
0.980.390.411.00.91-0.41-0.980.370.160.990.290.980.070.570.54-0.190.530.350.980.990.0-0.41-0.28-0.28-0.28
0.490.960.950.340.62-0.85-0.480.540.120.450.950.49-0.830.58-0.08-0.550.910.350.480.380.53-0.73-0.82-0.82-0.82
1.00.510.530.990.95-0.47-1.00.480.191.00.41.0-0.070.690.54-0.320.670.980.480.990.05-0.45-0.36-0.36-0.36
0.990.420.441.00.92-0.4-0.990.410.151.00.320.990.040.630.55-0.240.580.990.380.990.0-0.4-0.3-0.3-0.3
0.060.440.28-0.030.32-0.41-0.04-0.38-0.680.040.540.07-0.22-0.3-0.690.380.320.00.530.050.0-0.27-0.35-0.35-0.35
-0.45-0.88-0.85-0.39-0.460.980.5-0.34-0.13-0.43-0.87-0.450.68-0.380.140.38-0.53-0.41-0.73-0.45-0.4-0.270.950.950.95
-0.37-0.94-0.89-0.27-0.380.960.42-0.35-0.03-0.34-0.95-0.360.77-0.430.270.42-0.61-0.28-0.82-0.36-0.3-0.350.951.01.0
-0.37-0.94-0.89-0.27-0.380.960.42-0.35-0.03-0.34-0.95-0.360.77-0.430.270.42-0.61-0.28-0.82-0.36-0.3-0.350.951.01.0
-0.37-0.94-0.89-0.27-0.380.960.42-0.35-0.03-0.34-0.95-0.360.77-0.430.270.42-0.61-0.28-0.82-0.36-0.3-0.350.951.01.0
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Synaptogenix Account Relationship Matchups

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