Synchronoss Revenue Per Share vs Cost Of Revenue Analysis

SNCR Stock  USD 9.27  0.28  3.11%   
Synchronoss Technologies financial indicator trend analysis is much more than just breaking down Synchronoss Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synchronoss Technologies is a good investment. Please check the relationship between Synchronoss Technologies Revenue Per Share and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchronoss Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Synchronoss Stock, please use our How to Invest in Synchronoss Technologies guide.

Revenue Per Share vs Cost Of Revenue

Revenue Per Share vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synchronoss Technologies Revenue Per Share account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Synchronoss Technologies' Revenue Per Share and Cost Of Revenue is -0.13. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Synchronoss Technologies, assuming nothing else is changed. The correlation between historical values of Synchronoss Technologies' Revenue Per Share and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of Synchronoss Technologies are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Revenue Per Share i.e., Synchronoss Technologies' Revenue Per Share and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.

Cost Of Revenue

Cost of Revenue is found on Synchronoss Technologies income statement and represents the costs associated with goods and services Synchronoss Technologies provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Synchronoss Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synchronoss Technologies 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 Synchronoss Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Synchronoss Stock, please use our How to Invest in Synchronoss Technologies guide.At this time, Synchronoss Technologies' Tax Provision is relatively stable compared to the past year. As of 12/28/2024, Enterprise Value Over EBITDA is likely to grow to 143.23, while Discontinued Operations is likely to drop slightly above 15.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit171.6M160.9M122.0M141.9M
Total Revenue280.6M252.6M164.2M247.8M

Synchronoss Technologies fundamental ratios Correlations

0.890.220.720.240.850.80.490.760.90.460.160.540.510.880.960.110.760.840.87-0.130.350.80.410.88-0.33
0.890.080.860.180.560.540.240.540.940.32-0.250.780.380.850.810.030.50.830.94-0.430.560.490.220.85-0.62
0.220.08-0.10.150.40.390.620.160.060.080.44-0.080.240.080.350.750.410.090.20.18-0.120.450.24-0.08-0.01
0.720.86-0.1-0.140.40.44-0.050.370.790.19-0.350.890.370.790.56-0.330.240.830.75-0.480.610.350.150.73-0.76
0.240.180.15-0.140.230.270.250.140.17-0.030.37-0.24-0.430.090.350.450.31-0.070.290.440.050.290.430.230.46
0.850.560.40.40.230.910.680.850.630.620.50.160.580.730.860.220.870.680.580.120.00.960.560.640.03
0.80.540.390.440.270.910.490.610.650.30.550.220.510.790.750.160.90.750.610.210.210.970.460.7-0.07
0.490.240.62-0.050.250.680.490.640.20.450.58-0.20.450.160.680.580.630.150.310.32-0.320.610.270.20.22
0.760.540.160.370.140.850.610.640.550.880.230.110.580.570.80.080.610.520.460.01-0.190.670.470.520.07
0.90.940.060.790.170.630.650.20.550.32-0.130.730.420.890.8-0.070.620.860.94-0.40.530.60.180.94-0.56
0.460.320.080.19-0.030.620.30.450.880.320.02-0.020.530.320.5-0.030.330.30.18-0.15-0.310.380.430.220.14
0.16-0.250.44-0.350.370.50.550.580.23-0.130.02-0.550.11-0.060.280.320.53-0.11-0.090.79-0.340.610.350.040.62
0.540.78-0.080.89-0.240.160.22-0.20.110.73-0.02-0.550.170.680.37-0.250.060.70.71-0.750.650.14-0.090.59-0.91
0.510.380.240.37-0.430.580.510.450.580.420.530.110.170.470.46-0.140.580.60.33-0.070.070.47-0.010.41-0.3
0.880.850.080.790.090.730.790.160.570.890.32-0.060.680.470.73-0.050.680.970.83-0.320.530.720.310.85-0.51
0.960.810.350.560.350.860.750.680.80.80.50.280.370.460.730.310.750.670.8-0.010.150.790.440.79-0.17
0.110.030.75-0.330.450.220.160.580.08-0.07-0.030.32-0.25-0.14-0.050.310.3-0.140.110.23-0.240.270.32-0.140.24
0.760.50.410.240.310.870.90.630.610.620.330.530.060.580.680.750.30.660.620.190.180.910.340.680.02
0.840.830.090.83-0.070.680.750.150.520.860.3-0.110.70.60.970.67-0.140.660.81-0.360.610.660.220.81-0.6
0.870.940.20.750.290.580.610.310.460.940.18-0.090.710.330.830.80.110.620.81-0.350.640.580.160.85-0.57
-0.13-0.430.18-0.480.440.120.210.320.01-0.4-0.150.79-0.75-0.07-0.32-0.010.230.19-0.36-0.35-0.40.20.2-0.180.73
0.350.56-0.120.610.050.00.21-0.32-0.190.53-0.31-0.340.650.070.530.15-0.240.180.610.64-0.40.09-0.10.47-0.63
0.80.490.450.350.290.960.970.610.670.60.380.610.140.470.720.790.270.910.660.580.20.090.550.640.04
0.410.220.240.150.430.560.460.270.470.180.430.35-0.09-0.010.310.440.320.340.220.160.2-0.10.550.170.37
0.880.85-0.080.730.230.640.70.20.520.940.220.040.590.410.850.79-0.140.680.810.85-0.180.470.640.17-0.41
-0.33-0.62-0.01-0.760.460.03-0.070.220.07-0.560.140.62-0.91-0.3-0.51-0.170.240.02-0.6-0.570.73-0.630.040.37-0.41
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Synchronoss Technologies Account Relationship Matchups

Synchronoss Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets523.0M482.3M450.7M398.1M310.3M476.9M
Total Stockholder Equity277.7M280.9M163.3M136.4M85.4M81.2M
Other Assets8.1M46.8M147.1M97.4M1.00.95
Common Stock Shares Outstanding4.5M4.7M7.2M1.1M9.7M9.3M
Liabilities And Stockholders Equity523.0M482.3M450.7M398.1M310.3M476.9M
Other Stockholder Equity443.7M417.3M492.5M488.9M483.5M277.6M
Total Liab232.8M201.3M274.9M249.1M212.4M189.8M
Short Long Term Debt Total61.0M54.3M169.2M169.7M166.2M118.8M
Other Current Liab48.3M56.0M52.6M62.1M32.4M33.0M
Total Current Liabilities144.2M92.1M73.0M80.5M47.7M77.0M
Property Plant And Equipment Net80.5M34.5M26.4M20.9M18.5M17.5M
Current Deferred Revenue65.9M33.0M22.4M14.2M1.1M1.0M
Net Debt22.0M20.6M137.7M147.8M141.6M148.7M
Retained Earnings(334.3M)(345.8M)(368.7M)(376.6M)(431.2M)(409.6M)
Accounts Payable21.6M12.7M11.1M9.7M7.5M14.3M
Cash39.0M33.7M31.5M21.9M24.6M23.3M
Non Current Assets Total389.1M400.7M371.6M329.1M228.3M321.5M
Non Currrent Assets Other8.1M133.4M120.7M97.4M3.7M3.6M
Cash And Short Term Investments39.0M33.7M31.5M21.9M24.6M23.3M
Net Receivables65.9M47.8M47.6M47.0M23.5M22.3M
Non Current Liabilities Total88.6M109.3M201.9M168.6M164.7M132.7M
Other Current Assets4.8M79.7M85.8M36.3M34.0M35.7M
Property Plant And Equipment Gross80.5M46.3M26.4M20.9M75.6M68.5M
Total Current Assets133.9M81.5M79.1M68.9M82.0M77.9M
Accumulated Other Comprehensive Income(32.5M)(28.2M)(33.0M)(44.1M)(25.7M)(24.4M)
Short Term Debt8.5M20.1M7.5M5.7M6.4M6.1M
Property Plant Equipment26.5M46.3M26.4M25.4M29.3M27.8M
Other Liab28.2M19.4M32.7M4.7M5.4M5.2M
Good Will223.0M232.8M224.6M210.9M183.9M174.1M
Intangible Assets77.6M69.6M60.3M47.5M22.2M21.1M
Net Tangible Assets372.4M(259.1M)(133.8M)(109.5M)(98.5M)(93.6M)
Retained Earnings Total Equity(334.3M)(345.8M)(368.7M)(376.6M)(339.0M)(322.0M)
Long Term Debt Total238.9M9.5M133.1M134.6M154.8M139.2M
Capital Surpluse525.7M499.3M492.5M488.8M562.2M525.0M

Pair Trading with Synchronoss Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Synchronoss Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Synchronoss Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Synchronoss Stock

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The ability to find closely correlated positions to Synchronoss Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Synchronoss Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Synchronoss Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Synchronoss Technologies to buy it.
The correlation of Synchronoss Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Synchronoss Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Synchronoss Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Synchronoss Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Synchronoss Stock Analysis

When running Synchronoss Technologies' price analysis, check to measure Synchronoss Technologies' 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 Synchronoss Technologies is operating at the current time. Most of Synchronoss Technologies' value examination focuses on studying past and present price action to predict the probability of Synchronoss Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synchronoss Technologies' price. Additionally, you may evaluate how the addition of Synchronoss Technologies to your portfolios can decrease your overall portfolio volatility.