Synnex Interest Income vs Net Income Analysis

SNX Stock

USD 144.42 2.82 1.99%

Synnex financial indicator trend analysis is much more than just breaking down Synnex prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synnex is a good investment. Please check the relationship between Synnex Interest Income and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synnex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Synnex Stock please use our How to Invest in Synnex guide.

Interest Income vs Net Income

Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synnex Interest Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Synnex's Interest Income and Net Income is 0.97. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Synnex, assuming nothing else is changed. The correlation between historical values of Synnex's Interest Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Synnex are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Income i.e., Synnex's Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Synnex financial statement analysis. It represents the amount of money remaining after all of Synnex operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Synnex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synnex 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 Synnex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Synnex Stock please use our How to Invest in Synnex guide.Selling General Administrative is likely to rise to about 3.3 B in 2025, whereas Tax Provision is likely to drop slightly above 164.9 M in 2025.

	2022	2023	2024	2025 (projected)
Total Revenue	57.6B	58.5B	67.2B	70.6B
Interest Expense	288.3M	319.5M	367.4M	385.7M

Total Revenue Interest Expense

Synnex fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Long Term Debt	Short Term Investments	Inventory	Other Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue
Total Assets		0.26	1.0	0.05	0.8	0.14	0.8	0.97	0.96	0.98	1.0	1.0	0.98	0.99	0.64	0.99	0.95	0.51	0.99	0.98	0.97	0.99	0.62	0.95	0.72	0.65
Short Long Term Debt Total	0.26		0.3	0.92	0.19	0.06	0.19	0.19	0.41	0.31	0.25	0.22	0.4	0.2	0.1	0.15	0.41	0.31	0.2	0.28	0.32	0.2	0.57	0.42	0.43	0.41
Total Stockholder Equity	1.0	0.3		0.08	0.81	0.12	0.81	0.96	0.97	0.97	1.0	0.99	0.99	0.99	0.65	0.98	0.95	0.54	0.98	0.98	0.96	0.98	0.66	0.96	0.73	0.67
Net Debt	0.05	0.92	0.08		-0.17	0.1	-0.17	0.0	0.17	0.13	0.04	0.01	0.2	0.0	-0.17	-0.04	0.17	0.14	0.01	0.11	0.18	0.01	0.32	0.17	0.35	0.2
Cash	0.8	0.19	0.81	-0.17		0.01	1.0	0.73	0.81	0.72	0.79	0.79	0.77	0.78	0.77	0.76	0.8	0.43	0.74	0.71	0.68	0.76	0.7	0.84	0.47	0.68
Other Assets	0.14	0.06	0.12	0.1	0.01		0.01	0.0	0.12	0.29	0.15	0.11	0.13	0.16	-0.49	0.18	0.09	-0.06	0.13	0.17	0.3	0.26	-0.26	0.23	-0.12	-0.1
Cash And Short Term Investments	0.8	0.19	0.81	-0.17	1.0	0.01		0.73	0.81	0.71	0.79	0.79	0.77	0.78	0.77	0.76	0.79	0.43	0.74	0.71	0.67	0.75	0.7	0.84	0.47	0.68
Common Stock Shares Outstanding	0.97	0.19	0.96	0.0	0.73	0.0	0.73		0.89	0.94	0.97	0.98	0.95	0.98	0.65	0.97	0.87	0.52	0.98	0.95	0.91	0.95	0.54	0.86	0.65	0.59
Non Current Liabilities Total	0.96	0.41	0.97	0.17	0.81	0.12	0.81	0.89		0.93	0.96	0.95	0.97	0.93	0.69	0.92	1.0	0.51	0.93	0.95	0.92	0.93	0.78	0.98	0.79	0.74
Other Stockholder Equity	0.98	0.31	0.97	0.13	0.72	0.29	0.71	0.94	0.93		0.98	0.97	0.97	0.98	0.47	0.97	0.9	0.52	0.97	0.97	0.99	0.99	0.51	0.94	0.65	0.56
Total Liab	1.0	0.25	1.0	0.04	0.79	0.15	0.79	0.97	0.96	0.98		1.0	0.98	1.0	0.63	0.99	0.94	0.49	0.99	0.98	0.97	0.99	0.61	0.95	0.72	0.64
Total Current Assets	1.0	0.22	0.99	0.01	0.79	0.11	0.79	0.98	0.95	0.97	1.0		0.98	1.0	0.65	0.99	0.93	0.5	0.99	0.98	0.96	0.99	0.6	0.93	0.71	0.64
Other Current Liab	0.98	0.4	0.99	0.2	0.77	0.13	0.77	0.95	0.97	0.97	0.98	0.98		0.97	0.63	0.96	0.95	0.52	0.96	0.98	0.96	0.96	0.68	0.95	0.77	0.68
Total Current Liabilities	0.99	0.2	0.99	0.0	0.78	0.16	0.78	0.98	0.93	0.98	1.0	1.0	0.97		0.61	1.0	0.91	0.48	0.99	0.98	0.97	0.99	0.55	0.92	0.68	0.6
Retained Earnings	0.64	0.1	0.65	-0.17	0.77	-0.49	0.77	0.65	0.69	0.47	0.63	0.65	0.63	0.61		0.58	0.72	0.32	0.6	0.6	0.45	0.55	0.83	0.61	0.65	0.73
Accounts Payable	0.99	0.15	0.98	-0.04	0.76	0.18	0.76	0.97	0.92	0.97	0.99	0.99	0.96	1.0	0.58		0.9	0.48	0.99	0.97	0.96	0.99	0.51	0.91	0.66	0.58
Long Term Debt	0.95	0.41	0.95	0.17	0.8	0.09	0.79	0.87	1.0	0.9	0.94	0.93	0.95	0.91	0.72	0.9		0.48	0.91	0.94	0.9	0.91	0.81	0.96	0.81	0.76
Short Term Investments	0.51	0.31	0.54	0.14	0.43	-0.06	0.43	0.52	0.51	0.52	0.49	0.5	0.52	0.48	0.32	0.48	0.48		0.47	0.49	0.47	0.47	0.34	0.57	0.2	0.13
Inventory	0.99	0.2	0.98	0.01	0.74	0.13	0.74	0.98	0.93	0.97	0.99	0.99	0.96	0.99	0.6	0.99	0.91	0.47		0.97	0.96	0.98	0.55	0.91	0.69	0.62
Other Current Assets	0.98	0.28	0.98	0.11	0.71	0.17	0.71	0.95	0.95	0.97	0.98	0.98	0.98	0.98	0.6	0.97	0.94	0.49	0.97		0.98	0.98	0.61	0.93	0.78	0.62
Intangible Assets	0.97	0.32	0.96	0.18	0.68	0.3	0.67	0.91	0.92	0.99	0.97	0.96	0.96	0.97	0.45	0.96	0.9	0.47	0.96	0.98		0.98	0.52	0.93	0.72	0.58
Common Stock	0.99	0.2	0.98	0.01	0.76	0.26	0.75	0.95	0.93	0.99	0.99	0.99	0.96	0.99	0.55	0.99	0.91	0.47	0.98	0.98	0.98		0.53	0.93	0.66	0.58
Property Plant Equipment	0.62	0.57	0.66	0.32	0.7	-0.26	0.7	0.54	0.78	0.51	0.61	0.6	0.68	0.55	0.83	0.51	0.81	0.34	0.55	0.61	0.52	0.53		0.73	0.79	0.83
Other Liab	0.95	0.42	0.96	0.17	0.84	0.23	0.84	0.86	0.98	0.94	0.95	0.93	0.95	0.92	0.61	0.91	0.96	0.57	0.91	0.93	0.93	0.93	0.73		0.7	0.67
Property Plant And Equipment Net	0.72	0.43	0.73	0.35	0.47	-0.12	0.47	0.65	0.79	0.65	0.72	0.71	0.77	0.68	0.65	0.66	0.81	0.2	0.69	0.78	0.72	0.66	0.79	0.7		0.77
Current Deferred Revenue	0.65	0.41	0.67	0.2	0.68	-0.1	0.68	0.59	0.74	0.56	0.64	0.64	0.68	0.6	0.73	0.58	0.76	0.13	0.62	0.62	0.58	0.58	0.83	0.67	0.77

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Synnex Account Relationship Matchups

Synnex fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	27.7B	29.7B	29.4B	30.3B	34.8B	36.6B
Short Long Term Debt Total	4.1B	4.1B	4.1B	171.1M	196.8M	186.9M
Total Stockholder Equity	7.9B	8.0B	8.2B	8.0B	9.2B	9.7B
Net Debt	3.1B	3.6B	3.0B	(888.3M)	(1.0B)	(970.5M)
Cash	994.0M	522.6M	1.0B	1.1B	1.2B	1.3B
Cash And Short Term Investments	994.0M	522.6M	1.0B	1.1B	1.2B	1.3B
Common Stock Shares Outstanding	62.7M	95.5M	92.9M	85.9M	98.8M	103.7M
Liabilities And Stockholders Equity	27.7B	29.7B	29.4B	30.3B	34.8B	36.6B
Non Current Liabilities Total	5.5B	5.3B	4.5B	5.0B	5.8B	6.1B
Other Stockholder Equity	7.1B	7.0B	6.5B	5.9B	6.8B	7.2B
Total Liab	19.8B	21.7B	21.2B	22.2B	25.6B	26.9B
Total Current Assets	17.7B	20.5B	20.1B	21.3B	24.5B	25.7B
Other Current Liab	2.0B	2.2B	2.4B	2.0B	2.3B	2.4B
Total Current Liabilities	14.2B	16.4B	16.7B	17.2B	19.8B	20.8B
Retained Earnings	1.2B	1.7B	2.2B	2.8B	3.2B	3.3B
Accounts Payable	12.0B	14.0B	13.3B	15.1B	17.3B	18.2B
Long Term Debt	4.0B	3.8B	3.1B	3.7B	4.3B	4.5B
Inventory	6.6B	9.1B	7.1B	8.3B	9.5B	10.0B
Other Current Assets	668.3M	671.5M	642.2M	678.5M	780.3M	819.3M
Intangible Assets	4.9B	4.4B	4.2B	3.9B	4.5B	4.7B
Common Stock	53K	54K	98K	99K	113.9K	119.5K
Property Plant Equipment	569.9M	609.3M	483.4M	421.1M	484.2M	508.4M
Other Liab	584.1M	891.6M	1.6B	1.1B	1.3B	1.3B
Property Plant And Equipment Net	483.4M	421.1M	450.0M	457.0M	525.6M	551.9M
Non Current Assets Total	9.9B	9.2B	9.3B	8.9B	10.3B	10.8B
Non Currrent Assets Other	618.4M	585.3M	729.9M	685.4M	788.2M	827.6M
Net Receivables	9.4B	10.2B	11.3B	11.3B	13.0B	13.6B
Property Plant And Equipment Gross	708.5M	727.7M	859.5M	816.6M	939.1M	986.0M
Accumulated Other Comprehensive Income	(336.2M)	(719.7M)	(507.2M)	(645.1M)	(580.6M)	(551.6M)
Short Term Debt	181.3M	268.1M	983.6M	171.1M	196.8M	324.1M
Good Will	3.9B	3.8B	3.9B	3.9B	4.5B	4.7B
Net Tangible Assets	371.8M	1.1B	(924.4M)	(201.2M)	(181.1M)	(172.0M)
Retained Earnings Total Equity	2.6B	3.1B	1.2B	1.7B	2.0B	1.9B
Long Term Debt Total	2.7B	2.6B	4.0B	3.8B	4.4B	4.6B

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Synnex Interest Income vs Net Income Analysis

Interest Income vs Net Income

Interest Income vs Net Income Correlation Analysis

Correlation Coefficient

Interest Income

Net Income

Synnex fundamental ratios Correlations

Synnex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Synnex fundamental ratios Accounts

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Additional Tools for Synnex Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Long Term Debt	+ 1.0	Non Current Liabilities Total

Retained Earnings	- 0.49	Other Assets
Property Plant Equipment	- 0.26	Other Assets
Retained Earnings	- 0.17	Net Debt
Cash And Short Term Investments	- 0.17	Net Debt
Cash	- 0.17	Net Debt
Property Plant And Equipment Net	- 0.12	Other Assets