Syrah Total Current Liabilities vs Intangible Assets Analysis

SYR Stock

0.22 0.01 4.76%

Syrah Resources financial indicator trend analysis is much more than just breaking down Syrah Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Syrah Resources is a good investment. Please check the relationship between Syrah Resources Total Current Liabilities and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Syrah Resources. 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.

Total Current Liabilities vs Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Syrah Resources Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Syrah Resources' Total Current Liabilities and Intangible Assets is -0.36. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Syrah Resources, assuming nothing else is changed. The correlation between historical values of Syrah Resources' Total Current Liabilities and Intangible Assets 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 Current Liabilities of Syrah Resources are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Liabilities i.e., Syrah Resources' Total Current Liabilities and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Current Liabilities

Total Current Liabilities is an item on Syrah Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Syrah Resources 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from Syrah Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Syrah Resources 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 Syrah Resources. 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, Syrah Resources' Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 3.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 6 M in 2025.

Syrah Resources fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Intangible Assets
Total Assets		0.98	0.92	0.38	-0.83	0.54	0.93	0.61	0.97	0.58	0.95	0.84	0.97	0.58	0.58	0.84	0.98	0.53	-0.5	0.77	0.67	0.76	0.66	0.25	0.79	0.26
Total Stockholder Equity	0.98		0.86	0.24	-0.73	0.63	0.88	0.68	0.95	0.49	0.92	0.86	0.92	0.5	0.5	0.74	0.98	0.6	-0.42	0.74	0.59	0.65	0.6	0.31	0.69	0.37
Property Plant And Equipment Net	0.92	0.86		0.69	-0.9	0.27	1.0	0.4	0.87	0.72	0.98	0.73	0.97	0.84	0.84	0.89	0.92	0.34	-0.78	0.68	0.5	0.91	0.6	0.14	0.95	0.01
Net Debt	0.38	0.24	0.69		-0.74	-0.44	0.67	-0.28	0.34	0.73	0.57	0.11	0.58	0.84	0.84	0.7	0.36	-0.18	-0.84	0.33	0.25	0.84	0.36	-0.15	0.84	-0.49
Retained Earnings	-0.83	-0.73	-0.9	-0.74		-0.17	-0.9	-0.29	-0.82	-0.78	-0.86	-0.62	-0.93	-0.75	-0.75	-0.96	-0.77	-0.18	0.72	-0.68	-0.7	-0.96	-0.68	0.04	-0.94	0.18
Cash	0.54	0.63	0.27	-0.44	-0.17		0.28	0.98	0.58	-0.07	0.4	0.84	0.4	0.02	0.02	0.19	0.56	0.5	0.02	0.28	0.2	0.08	0.23	0.06	0.11	0.39
Non Current Assets Total	0.93	0.88	1.0	0.67	-0.9	0.28		0.4	0.89	0.72	0.98	0.73	0.98	0.82	0.82	0.9	0.93	0.37	-0.75	0.7	0.53	0.9	0.61	0.16	0.94	0.04
Cash And Short Term Investments	0.61	0.68	0.4	-0.28	-0.29	0.98	0.4		0.64	0.1	0.51	0.89	0.5	0.18	0.19	0.29	0.64	0.47	-0.15	0.32	0.21	0.22	0.28	0.03	0.25	0.31
Common Stock Total Equity	0.97	0.95	0.87	0.34	-0.82	0.58	0.89	0.64		0.46	0.94	0.85	0.94	0.54	0.55	0.83	0.95	0.54	-0.46	0.67	0.69	0.74	0.52	0.23	0.77	0.3
Common Stock Shares Outstanding	0.58	0.49	0.72	0.73	-0.78	-0.07	0.72	0.1	0.46		0.61	0.34	0.69	0.69	0.68	0.73	0.55	0.0	-0.69	0.56	0.44	0.77	0.66	-0.09	0.76	-0.32
Property Plant And Equipment Gross	0.95	0.92	0.98	0.57	-0.86	0.4	0.98	0.51	0.94	0.61		0.79	0.97	0.77	0.77	0.86	0.96	0.44	-0.7	0.69	0.52	0.85	0.56	0.22	0.9	0.16
Total Current Assets	0.84	0.86	0.73	0.11	-0.62	0.84	0.73	0.89	0.85	0.34	0.79		0.8	0.53	0.53	0.62	0.85	0.44	-0.46	0.55	0.37	0.6	0.52	-0.01	0.63	0.15
Common Stock	0.97	0.92	0.97	0.58	-0.93	0.4	0.98	0.5	0.94	0.69	0.97	0.8		0.74	0.74	0.93	0.94	0.39	-0.66	0.74	0.64	0.9	0.68	0.12	0.91	0.05
Other Current Liab	0.58	0.5	0.84	0.84	-0.75	0.02	0.82	0.18	0.54	0.69	0.77	0.53	0.74		1.0	0.72	0.62	0.0	-0.98	0.38	0.09	0.87	0.39	-0.14	0.92	-0.38
Total Current Liabilities	0.58	0.5	0.84	0.84	-0.75	0.02	0.82	0.19	0.55	0.68	0.77	0.53	0.74	1.0		0.71	0.63	0.01	-0.98	0.37	0.08	0.87	0.37	-0.14	0.92	-0.36
Other Liab	0.84	0.74	0.89	0.7	-0.96	0.19	0.9	0.29	0.83	0.73	0.86	0.62	0.93	0.72	0.71		0.79	0.21	-0.64	0.64	0.72	0.92	0.66	0.02	0.92	-0.12
Net Tangible Assets	0.98	0.98	0.92	0.36	-0.77	0.56	0.93	0.64	0.95	0.55	0.96	0.85	0.94	0.62	0.63	0.79		0.56	-0.55	0.69	0.53	0.73	0.58	0.27	0.77	0.29
Non Currrent Assets Other	0.53	0.6	0.34	-0.18	-0.18	0.5	0.37	0.47	0.54	0.0	0.44	0.44	0.39	0.0	0.01	0.21	0.56		0.04	0.23	0.31	0.1	0.08	0.4	0.14	0.48
Other Assets	-0.5	-0.42	-0.78	-0.84	0.72	0.02	-0.75	-0.15	-0.46	-0.69	-0.7	-0.46	-0.66	-0.98	-0.98	-0.64	-0.55	0.04		-0.3	-0.02	-0.83	-0.33	0.22	-0.87	0.41
Net Receivables	0.77	0.74	0.68	0.33	-0.68	0.28	0.7	0.32	0.67	0.56	0.69	0.55	0.74	0.38	0.37	0.64	0.69	0.23	-0.3		0.64	0.6	0.89	0.24	0.59	0.12
Non Current Liabilities Total	0.67	0.59	0.5	0.25	-0.7	0.2	0.53	0.21	0.69	0.44	0.52	0.37	0.64	0.09	0.08	0.72	0.53	0.31	-0.02	0.64		0.54	0.6	0.17	0.47	0.18
Inventory	0.76	0.65	0.91	0.84	-0.96	0.08	0.9	0.22	0.74	0.77	0.85	0.6	0.9	0.87	0.87	0.92	0.73	0.1	-0.83	0.6	0.54		0.62	-0.15	0.98	-0.3
Other Current Assets	0.66	0.6	0.6	0.36	-0.68	0.23	0.61	0.28	0.52	0.66	0.56	0.52	0.68	0.39	0.37	0.66	0.58	0.08	-0.33	0.89	0.6	0.62		-0.07	0.57	-0.17
Other Stockholder Equity	0.25	0.31	0.14	-0.15	0.04	0.06	0.16	0.03	0.23	-0.09	0.22	-0.01	0.12	-0.14	-0.14	0.02	0.27	0.4	0.22	0.24	0.17	-0.15	-0.07		-0.06	0.48
Total Liab	0.79	0.69	0.95	0.84	-0.94	0.11	0.94	0.25	0.77	0.76	0.9	0.63	0.91	0.92	0.92	0.92	0.77	0.14	-0.87	0.59	0.47	0.98	0.57	-0.06		-0.24
Intangible Assets	0.26	0.37	0.01	-0.49	0.18	0.39	0.04	0.31	0.3	-0.32	0.16	0.15	0.05	-0.38	-0.36	-0.12	0.29	0.48	0.41	0.12	0.18	-0.3	-0.17	0.48	-0.24

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Syrah Resources Account Relationship Matchups

Syrah Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	559.8M	589.9M	840.5M	700.0M	805.1M	845.3M
Total Stockholder Equity	431.3M	396.5M	642.7M	516.8M	594.3M	624.0M
Property Plant And Equipment Net	385.3M	429.1M	579.5M	799.0M	918.9M	964.8M
Net Debt	(13.9M)	45.6M	(7.1M)	211.0M	242.6M	254.7M
Retained Earnings	(342.3M)	(436.0M)	(503.0M)	(622.8M)	(560.5M)	(532.5M)
Cash	97.2M	72.8M	133.3M	84.9M	97.6M	75.2M
Non Current Assets Total	439.3M	477.7M	639.2M	842.7M	969.1M	1.0B
Cash And Short Term Investments	97.2M	72.8M	133.3M	124.5M	143.2M	77.7M
Common Stock Shares Outstanding	431.9M	514.0M	658.5M	687.4M	790.6M	494.2M
Liabilities And Stockholders Equity	559.8M	589.9M	840.5M	700.0M	805.1M	845.3M
Property Plant And Equipment Gross	387.8M	377.2M	464.2M	622.6M	716.0M	751.8M
Total Current Assets	120.5M	112.2M	201.3M	183.3M	210.8M	221.3M
Accumulated Other Comprehensive Income	(10.4M)	(19.3M)	(28.1M)	(30.2M)	(27.2M)	(25.8M)
Common Stock	783.9M	851.8M	1.2B	1.2B	1.3B	1.4B
Other Current Liab	2.0M	12.5M	18.1M	151.1M	173.8M	182.5M
Total Current Liabilities	11.5M	32.3M	44.2M	457.1M	525.7M	551.9M
Other Liab	6.6M	10.0M	27.5M	30.1M	34.6M	36.3M
Net Tangible Assets	351.7M	332.7M	288.1M	435.8M	501.1M	526.2M
Non Currrent Assets Other	10.5M	7.1M	4.6M	3.4M	3.9M	5.5M
Net Receivables	1.4M	5.0M	13.0M	5.2M	5.9M	6.2M
Non Current Liabilities Total	117.0M	155.3M	150.1M	50.6M	58.2M	41.2M
Inventory	20.4M	28.0M	37.2M	51.2M	58.9M	61.8M
Other Current Assets	1.5M	14.0M	72.7M	21.0M	24.2M	25.4M
Other Stockholder Equity	187.2M	(7.3M)	98.5M	34.5K	39.7K	37.7K
Total Liab	128.5M	187.6M	194.3M	346.4M	398.4M	418.3M
Intangible Assets	120.5K	177.4K	64.9K	27K	31.1K	29.5K
Property Plant Equipment	281.4M	298.7M	313.3M	394.3M	453.5M	476.1M
Accounts Payable	5.4M	16.6M	24.1M	23.9M	27.5M	28.9M
Short Long Term Debt Total	83.2M	118.4M	126.2M	295.8M	340.2M	357.2M
Short Term Debt	1.4M	3.2M	2.0M	282.1M	324.4M	340.6M
Short Term Investments	299K	395K	0.0	(628.7K)	(565.8K)	(537.5K)
Long Term Debt Total	56.5M	62.8M	82.8M	83.6M	96.1M	100.9M
Cash And Equivalents	62.9M	65.0M	31.8M	80.0M	72.0M	63.4M
Capital Lease Obligations	21.8M	16.2M	14.6M	15.9M	18.3M	16.5M
Net Invested Capital	493.7M	358.1M	506.8M	632.6M	569.3M	421.0M
Net Working Capital	109.2M	58.1M	106.5M	(186.8M)	(168.2M)	(159.8M)
Capital Stock	604.9M	619.3M	796.0M	798.2M	917.9M	716.3M

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