Syntec Pb Ratio vs Free Cash Flow Per Share Analysis

OPTX Stock   3.50  1.56  80.41%   
Syntec Optics financial indicator trend analysis is much more than just breaking down Syntec Optics Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Syntec Optics Holdings is a good investment. Please check the relationship between Syntec Optics Pb Ratio and its Free Cash Flow Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Syntec Optics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Pb Ratio vs Free Cash Flow Per Share

Pb Ratio vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Syntec Optics Holdings Pb Ratio account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Syntec Optics' Pb Ratio and Free Cash Flow Per Share is -0.11. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Syntec Optics Holdings, assuming nothing else is changed. The correlation between historical values of Syntec Optics' Pb Ratio and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Syntec Optics Holdings are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Pb Ratio i.e., Syntec Optics' Pb Ratio and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Pb Ratio

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Syntec Optics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Syntec Optics Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Syntec Optics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Syntec Optics' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 194.7 M in 2024, despite the fact that Tax Provision is likely to grow to (683.2 K).
 2010 2022 2023 2024 (projected)
Interest Expense194.8K336.0K654.8K434.7K
Depreciation And Amortization3.2M3.1M2.8M2.4M

Syntec Optics fundamental ratios Correlations

0.82-0.261.0-0.310.87-0.580.660.890.150.880.88-0.820.840.88-0.71-0.830.70.80.020.45-0.810.911.0-0.760.79
0.82-0.740.79-0.741.0-0.940.950.95-0.360.690.99-0.980.970.69-0.98-0.940.981.0-0.440.85-1.00.980.83-0.880.98
-0.26-0.74-0.210.99-0.690.89-0.9-0.520.89-0.05-0.660.64-0.62-0.050.850.54-0.81-0.750.9-0.980.73-0.6-0.30.74-0.79
1.00.79-0.21-0.260.84-0.540.620.880.20.890.86-0.80.810.89-0.67-0.810.670.770.070.41-0.780.890.99-0.730.76
-0.31-0.740.99-0.26-0.70.85-0.91-0.50.89-0.02-0.670.62-0.59-0.020.830.5-0.78-0.730.93-0.980.71-0.6-0.360.81-0.82
0.871.0-0.690.84-0.7-0.910.930.96-0.30.731.0-0.980.970.73-0.97-0.940.960.99-0.390.82-0.990.990.87-0.890.98
-0.58-0.940.89-0.540.85-0.91-0.96-0.840.58-0.49-0.890.92-0.91-0.490.980.86-0.99-0.950.6-0.930.95-0.87-0.590.78-0.92
0.660.95-0.90.62-0.910.93-0.960.82-0.620.440.92-0.880.870.44-0.98-0.810.960.95-0.690.97-0.940.880.68-0.920.98
0.890.95-0.520.88-0.50.96-0.840.82-0.080.870.97-0.990.990.87-0.9-0.990.920.96-0.150.66-0.960.990.88-0.740.89
0.15-0.360.890.20.89-0.30.58-0.62-0.080.41-0.270.22-0.190.410.510.09-0.45-0.370.98-0.790.34-0.180.10.49-0.47
0.880.69-0.050.89-0.020.73-0.490.440.870.410.75-0.790.811.0-0.57-0.860.620.70.350.22-0.720.810.83-0.430.58
0.880.99-0.660.86-0.671.0-0.890.920.97-0.270.75-0.970.970.75-0.96-0.940.950.99-0.360.8-0.991.00.89-0.880.97
-0.82-0.980.64-0.80.62-0.980.92-0.88-0.990.22-0.79-0.97-1.0-0.790.950.99-0.97-0.990.28-0.760.99-0.98-0.810.77-0.92
0.840.97-0.620.81-0.590.97-0.910.870.99-0.190.810.97-1.00.81-0.94-0.990.960.98-0.250.74-0.990.980.82-0.760.92
0.880.69-0.050.89-0.020.73-0.490.440.870.411.00.75-0.790.81-0.57-0.860.620.70.350.22-0.720.810.83-0.430.58
-0.71-0.980.85-0.670.83-0.970.98-0.98-0.90.51-0.57-0.960.95-0.94-0.570.89-0.99-0.990.57-0.930.98-0.93-0.720.87-0.98
-0.83-0.940.54-0.810.5-0.940.86-0.81-0.990.09-0.86-0.940.99-0.99-0.860.89-0.93-0.950.14-0.660.96-0.96-0.810.68-0.86
0.70.98-0.810.67-0.780.96-0.990.960.92-0.450.620.95-0.970.960.62-0.99-0.930.99-0.490.89-0.990.930.7-0.80.95
0.81.0-0.750.77-0.730.99-0.950.950.96-0.370.70.99-0.990.980.7-0.99-0.950.99-0.430.85-1.00.980.8-0.850.97
0.02-0.440.90.070.93-0.390.6-0.69-0.150.980.35-0.360.28-0.250.350.570.14-0.49-0.43-0.840.4-0.27-0.040.62-0.56
0.450.85-0.980.41-0.980.82-0.930.970.66-0.790.220.8-0.760.740.22-0.93-0.660.890.85-0.84-0.840.740.49-0.860.9
-0.81-1.00.73-0.780.71-0.990.95-0.94-0.960.34-0.72-0.990.99-0.99-0.720.980.96-0.99-1.00.4-0.84-0.98-0.810.84-0.97
0.910.98-0.60.89-0.60.99-0.870.880.99-0.180.811.0-0.980.980.81-0.93-0.960.930.98-0.270.74-0.980.91-0.850.95
1.00.83-0.30.99-0.360.87-0.590.680.880.10.830.89-0.810.820.83-0.72-0.810.70.8-0.040.49-0.810.91-0.810.81
-0.76-0.880.74-0.730.81-0.890.78-0.92-0.740.49-0.43-0.880.77-0.76-0.430.870.68-0.8-0.850.62-0.860.84-0.85-0.81-0.95
0.790.98-0.790.76-0.820.98-0.920.980.89-0.470.580.97-0.920.920.58-0.98-0.860.950.97-0.560.9-0.970.950.81-0.95
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Syntec Optics Account Relationship Matchups

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