| SYNT Stock | | | 169.40 0.60 0.36% |
Synthomer Plc financial indicator trend analysis is much more than just breaking down Synthomer plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synthomer plc is a good investment. Please check the relationship between Synthomer Plc Cash And Short Term Investments and its Short Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Synthomer plc. 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.
Cash And Short Term Investments vs Short Term Investments
Cash And Short Term Investments vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Synthomer plc Cash And Short Term Investments account and
Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Synthomer Plc's Cash And Short Term Investments and Short Term Investments is 0.16. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Synthomer plc, assuming nothing else is changed. The correlation between historical values of Synthomer Plc's Cash And Short Term Investments and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Synthomer plc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Cash And Short Term Investments i.e., Synthomer Plc's Cash And Short Term Investments and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.16 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Synthomer plc balance sheet. This account contains Synthomer Plc investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Synthomer plc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Short Term Investments
Short Term Investments is an item under the current assets section of Synthomer Plc balance sheet. It contains any investments Synthomer plc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Synthomer plc can easily liquidate in the marketplace.
Most indicators from Synthomer Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synthomer plc 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 Synthomer plc. 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.
At this time, Synthomer Plc's
Tax Provision is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 278.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 62.3
M in 2024.
Synthomer Plc fundamental ratios Correlations
Click cells to compare fundamentals
Synthomer Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Synthomer Plc fundamental ratios Accounts
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Additional Tools for Synthomer Stock Analysis
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measure Synthomer Plc's 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 Synthomer Plc is operating at the current time. Most of Synthomer Plc's value examination focuses on studying past and present price action to
predict the probability of Synthomer Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synthomer Plc's price. Additionally, you may evaluate how the addition of Synthomer Plc to your portfolios can decrease your overall portfolio volatility.