Scynexis Other Operating Expenses vs Research Development Analysis

SCYX Stock  USD 1.18  0.06  4.84%   
Scynexis financial indicator trend analysis is much more than just breaking down Scynexis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scynexis is a good investment. Please check the relationship between Scynexis Other Operating Expenses and its Research Development accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scynexis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Scynexis Stock please use our How to Invest in Scynexis guide.

Other Operating Expenses vs Research Development

Other Operating Expenses vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scynexis Other Operating Expenses account and Research Development. At this time, the significance of the direction appears to have strong relationship.
The correlation between Scynexis' Other Operating Expenses and Research Development is 0.67. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Research Development in the same time period over historical financial statements of Scynexis, assuming nothing else is changed. The correlation between historical values of Scynexis' Other Operating Expenses and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Scynexis are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Other Operating Expenses i.e., Scynexis' Other Operating Expenses and Research Development go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Scynexis. It is also known as Scynexis overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Research Development

Most indicators from Scynexis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scynexis 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 Scynexis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Scynexis Stock please use our How to Invest in Scynexis guide.At this time, Scynexis' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 1.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.7M5.2M3.1M2.0M
Depreciation And Amortization577K813K810K493.9K

Scynexis fundamental ratios Correlations

0.270.640.260.70.74-0.50.48-0.7-0.880.820.80.420.310.730.450.950.420.720.77-0.080.760.950.72-0.470.99
0.270.250.36-0.20.270.22-0.010.04-0.440.350.350.220.680.50.870.29-0.080.460.72-0.210.310.30.70.250.25
0.640.250.680.230.73-0.150.68-0.62-0.630.420.70.160.180.460.380.670.150.410.660.040.450.610.72-0.150.66
0.260.360.68-0.220.680.410.52-0.08-0.350.320.280.40.390.490.330.180.170.330.53-0.230.390.250.690.410.19
0.7-0.20.23-0.220.4-0.640.11-0.61-0.60.430.480.48-0.150.54-0.070.660.660.620.180.020.70.640.11-0.630.71
0.740.270.730.680.4-0.070.76-0.53-0.820.760.670.580.360.780.390.680.450.690.75-0.110.760.750.8-0.050.7
-0.50.22-0.150.41-0.64-0.07-0.010.420.45-0.33-0.320.12-0.11-0.13-0.07-0.6-0.12-0.21-0.120.19-0.16-0.58-0.011.0-0.57
0.48-0.010.680.520.110.76-0.01-0.56-0.510.610.580.080.10.230.160.50.070.180.540.120.280.510.59-0.010.49
-0.70.04-0.62-0.08-0.61-0.530.42-0.560.5-0.41-0.910.020.0-0.280.02-0.8-0.03-0.21-0.39-0.28-0.36-0.6-0.350.4-0.76
-0.88-0.44-0.63-0.35-0.6-0.820.45-0.510.5-0.87-0.68-0.52-0.44-0.83-0.64-0.86-0.49-0.85-0.840.17-0.81-0.95-0.80.43-0.88
0.820.350.420.320.430.76-0.330.61-0.41-0.870.590.440.510.690.550.760.360.660.81-0.220.660.880.76-0.30.79
0.80.350.70.280.480.67-0.320.58-0.91-0.680.590.10.320.480.360.890.020.40.710.110.490.720.67-0.280.84
0.420.220.160.40.480.580.120.080.02-0.520.440.10.160.830.210.210.90.840.35-0.380.890.370.390.120.31
0.310.680.180.39-0.150.36-0.110.10.0-0.440.510.320.160.50.640.33-0.130.320.61-0.60.210.430.61-0.080.28
0.730.50.460.490.540.78-0.130.23-0.28-0.830.690.480.830.50.510.60.660.940.69-0.310.930.740.7-0.110.66
0.450.870.380.33-0.070.39-0.070.160.02-0.640.550.360.210.640.510.470.050.560.85-0.30.380.520.8-0.050.44
0.950.290.670.180.660.68-0.60.5-0.8-0.860.760.890.210.330.60.470.230.590.76-0.020.620.920.69-0.570.99
0.42-0.080.150.170.660.45-0.120.07-0.03-0.490.360.020.9-0.130.660.050.230.760.18-0.290.830.370.19-0.130.34
0.720.460.410.330.620.69-0.210.18-0.21-0.850.660.40.840.320.940.560.590.760.66-0.260.950.740.64-0.20.66
0.770.720.660.530.180.75-0.120.54-0.39-0.840.810.710.350.610.690.850.760.180.66-0.220.610.780.98-0.090.75
-0.08-0.210.04-0.230.02-0.110.190.12-0.280.17-0.220.11-0.38-0.6-0.31-0.3-0.02-0.29-0.26-0.22-0.25-0.12-0.240.18-0.02
0.760.310.450.390.70.76-0.160.28-0.36-0.810.660.490.890.210.930.380.620.830.950.61-0.250.70.61-0.150.69
0.950.30.610.250.640.75-0.580.51-0.6-0.950.880.720.370.430.740.520.920.370.740.78-0.120.70.72-0.560.94
0.720.70.720.690.110.8-0.010.59-0.35-0.80.760.670.390.610.70.80.690.190.640.98-0.240.610.720.020.69
-0.470.25-0.150.41-0.63-0.051.0-0.010.40.43-0.3-0.280.12-0.08-0.11-0.05-0.57-0.13-0.2-0.090.18-0.15-0.560.02-0.55
0.990.250.660.190.710.7-0.570.49-0.76-0.880.790.840.310.280.660.440.990.340.660.75-0.020.690.940.69-0.55
Click cells to compare fundamentals

Scynexis Account Relationship Matchups

Scynexis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets57.2M102.5M119.8M87.8M128.4M70.4M
Short Long Term Debt Total14.9M19.8M43.6M48.6M15.1M25.0M
Other Current Liab3.8M21.7M5.6M11.4M7.3M6.0M
Total Current Liabilities11.0M26.4M13.6M17.6M16.3M13.7M
Total Stockholder Equity12.9M22.8M41.3M3.2M73.0M76.6M
Other Liab986K21.6M33.6M21.4M24.6M25.8M
Property Plant And Equipment Net3.6M3.3M2.9M2.6M2.4M2.8M
Net Debt(27.0M)(73.2M)(60.9M)2.8M(19.0M)(19.9M)
Retained Earnings(271.4M)(326.6M)(359.5M)(422.3M)(355.2M)(373.0M)
Accounts Payable7.2M4.6M7.8M5.9M7.1M4.3M
Cash41.9M93.0M104.5M45.8M34.1M42.3M
Non Current Assets Total4.8M4.3M10.5M8.7M26.3M27.6M
Non Currrent Assets Other882K760K6.5M5.7M338K321.1K
Other Assets1.2M1.2M4.0M7.7M8.8M9.2M
Long Term Debt11.5M16.5M28.7M45.4M12.2M16.9M
Cash And Short Term Investments48.4M93.0M104.5M73.5M74.4M57.2M
Common Stock Shares Outstanding5.6M10.7M26.4M42.6M48.4M50.8M
Liabilities And Stockholders Equity57.2M102.5M119.8M87.8M128.4M70.4M
Non Current Liabilities Total33.2M53.4M65.0M67.0M39.1M30.3M
Inventory725K520K1.9M463K899K0.0
Other Current Assets674K2.3M3.6M2.6M5.9M6.2M
Other Stockholder Equity284.2M349.4M400.7M425.5M428.2M280.1M
Total Liab44.3M79.8M78.6M84.6M55.5M44.0M
Property Plant And Equipment Gross3.6M3.3M3.4M2.6M2.4M2.9M
Total Current Assets52.4M98.2M109.4M79.1M102.1M63.5M
Property Plant Equipment516K405K3.3M113K101.7K96.6K
Common Stock Total Equity48K97K20K32K36.8K33.5K
Common Stock97K20K32K36K40K35K
Net Tangible Assets31.2M12.9M22.8M40.2M36.2M23.9M
Retained Earnings Total Equity(217.7M)(271.4M)(326.6M)(359.5M)(323.5M)(339.7M)
Short Term Investments32.4M32.7M6.5M27.7M40.3M42.3M
Capital Surpluse248.9M284.2M349.4M400.7M460.8M284.3M
Deferred Long Term Liab106K70K187K150K135K128.3K
Long Term Debt Total10.3M15.1M11.5M28.7M33.1M17.6M
Non Current Liabilities Other986K33.2M53.4M36.2M41.7M24.6M

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