Synnex Total Operating Expenses vs Net Interest 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 Total Operating Expenses and its Net Interest 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.

Total Operating Expenses vs Net Interest Income

Total Operating Expenses vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synnex Total Operating Expenses account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Synnex's Total Operating Expenses and Net Interest Income is -0.93. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Interest 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 Total Operating Expenses and Net Interest 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 Total Operating Expenses of Synnex are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Total Operating Expenses i.e., Synnex's Total Operating Expenses and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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 Revenue57.6B58.5B67.2B70.6B
Interest Expense288.3M319.5M367.4M385.7M

Synnex fundamental ratios Correlations

0.261.00.050.80.140.80.970.960.981.01.00.980.990.640.990.950.510.990.980.970.990.620.950.720.65
0.260.30.920.190.060.190.190.410.310.250.220.40.20.10.150.410.310.20.280.320.20.570.420.430.41
1.00.30.080.810.120.810.960.970.971.00.990.990.990.650.980.950.540.980.980.960.980.660.960.730.67
0.050.920.08-0.170.1-0.170.00.170.130.040.010.20.0-0.17-0.040.170.140.010.110.180.010.320.170.350.2
0.80.190.81-0.170.011.00.730.810.720.790.790.770.780.770.760.80.430.740.710.680.760.70.840.470.68
0.140.060.120.10.010.010.00.120.290.150.110.130.16-0.490.180.09-0.060.130.170.30.26-0.260.23-0.12-0.1
0.80.190.81-0.171.00.010.730.810.710.790.790.770.780.770.760.790.430.740.710.670.750.70.840.470.68
0.970.190.960.00.730.00.730.890.940.970.980.950.980.650.970.870.520.980.950.910.950.540.860.650.59
0.960.410.970.170.810.120.810.890.930.960.950.970.930.690.921.00.510.930.950.920.930.780.980.790.74
0.980.310.970.130.720.290.710.940.930.980.970.970.980.470.970.90.520.970.970.990.990.510.940.650.56
1.00.251.00.040.790.150.790.970.960.981.00.981.00.630.990.940.490.990.980.970.990.610.950.720.64
1.00.220.990.010.790.110.790.980.950.971.00.981.00.650.990.930.50.990.980.960.990.60.930.710.64
0.980.40.990.20.770.130.770.950.970.970.980.980.970.630.960.950.520.960.980.960.960.680.950.770.68
0.990.20.990.00.780.160.780.980.930.981.01.00.970.611.00.910.480.990.980.970.990.550.920.680.6
0.640.10.65-0.170.77-0.490.770.650.690.470.630.650.630.610.580.720.320.60.60.450.550.830.610.650.73
0.990.150.98-0.040.760.180.760.970.920.970.990.990.961.00.580.90.480.990.970.960.990.510.910.660.58
0.950.410.950.170.80.090.790.871.00.90.940.930.950.910.720.90.480.910.940.90.910.810.960.810.76
0.510.310.540.140.43-0.060.430.520.510.520.490.50.520.480.320.480.480.470.490.470.470.340.570.20.13
0.990.20.980.010.740.130.740.980.930.970.990.990.960.990.60.990.910.470.970.960.980.550.910.690.62
0.980.280.980.110.710.170.710.950.950.970.980.980.980.980.60.970.940.490.970.980.980.610.930.780.62
0.970.320.960.180.680.30.670.910.920.990.970.960.960.970.450.960.90.470.960.980.980.520.930.720.58
0.990.20.980.010.760.260.750.950.930.990.990.990.960.990.550.990.910.470.980.980.980.530.930.660.58
0.620.570.660.320.7-0.260.70.540.780.510.610.60.680.550.830.510.810.340.550.610.520.530.730.790.83
0.950.420.960.170.840.230.840.860.980.940.950.930.950.920.610.910.960.570.910.930.930.930.730.70.67
0.720.430.730.350.47-0.120.470.650.790.650.720.710.770.680.650.660.810.20.690.780.720.660.790.70.77
0.650.410.670.20.68-0.10.680.590.740.560.640.640.680.60.730.580.760.130.620.620.580.580.830.670.77
Click cells to compare fundamentals

Synnex Account Relationship Matchups

Synnex fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets27.7B29.7B29.4B30.3B34.8B36.6B
Short Long Term Debt Total4.1B4.1B4.1B171.1M196.8M186.9M
Total Stockholder Equity7.9B8.0B8.2B8.0B9.2B9.7B
Net Debt3.1B3.6B3.0B(888.3M)(1.0B)(970.5M)
Cash994.0M522.6M1.0B1.1B1.2B1.3B
Cash And Short Term Investments994.0M522.6M1.0B1.1B1.2B1.3B
Common Stock Shares Outstanding62.7M95.5M92.9M85.9M98.8M103.7M
Liabilities And Stockholders Equity27.7B29.7B29.4B30.3B34.8B36.6B
Non Current Liabilities Total5.5B5.3B4.5B5.0B5.8B6.1B
Other Stockholder Equity7.1B7.0B6.5B5.9B6.8B7.2B
Total Liab19.8B21.7B21.2B22.2B25.6B26.9B
Total Current Assets17.7B20.5B20.1B21.3B24.5B25.7B
Other Current Liab2.0B2.2B2.4B2.0B2.3B2.4B
Total Current Liabilities14.2B16.4B16.7B17.2B19.8B20.8B
Retained Earnings1.2B1.7B2.2B2.8B3.2B3.3B
Accounts Payable12.0B14.0B13.3B15.1B17.3B18.2B
Long Term Debt4.0B3.8B3.1B3.7B4.3B4.5B
Inventory6.6B9.1B7.1B8.3B9.5B10.0B
Other Current Assets668.3M671.5M642.2M678.5M780.3M819.3M
Intangible Assets4.9B4.4B4.2B3.9B4.5B4.7B
Common Stock53K54K98K99K113.9K119.5K
Property Plant Equipment569.9M609.3M483.4M421.1M484.2M508.4M
Other Liab584.1M891.6M1.6B1.1B1.3B1.3B
Property Plant And Equipment Net483.4M421.1M450.0M457.0M525.6M551.9M
Non Current Assets Total9.9B9.2B9.3B8.9B10.3B10.8B
Non Currrent Assets Other618.4M585.3M729.9M685.4M788.2M827.6M
Net Receivables9.4B10.2B11.3B11.3B13.0B13.6B
Property Plant And Equipment Gross708.5M727.7M859.5M816.6M939.1M986.0M
Accumulated Other Comprehensive Income(336.2M)(719.7M)(507.2M)(645.1M)(580.6M)(551.6M)
Short Term Debt181.3M268.1M983.6M171.1M196.8M324.1M
Good Will3.9B3.8B3.9B3.9B4.5B4.7B
Net Tangible Assets371.8M1.1B(924.4M)(201.2M)(181.1M)(172.0M)
Retained Earnings Total Equity2.6B3.1B1.2B1.7B2.0B1.9B
Long Term Debt Total2.7B2.6B4.0B3.8B4.4B4.6B

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