| 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 Net Debt and its Cash And 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.
Net Debt vs Cash And Short Term Investments
Net Debt vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Synthomer plc Net Debt account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Synthomer Plc's Net Debt and Cash And Short Term Investments is 0.5. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And 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 Net Debt and Cash 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 Net Debt of Synthomer plc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Synthomer Plc's Net Debt and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.5 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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.
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
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Synthomer Stock Analysis
When running Synthomer Plc's price analysis, check to
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.