Syndax Long Term Investments vs Net Working Capital Analysis
SNDX Stock | USD 16.51 0.01 0.06% |
Syndax Pharmaceuticals financial indicator trend analysis is much more than just breaking down Syndax Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Syndax Pharmaceuticals is a good investment. Please check the relationship between Syndax Pharmaceuticals Long Term Investments and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Syndax Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Syndax Stock please use our How to Invest in Syndax Pharmaceuticals guide.
Long Term Investments vs Net Working Capital
Long Term Investments vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Syndax Pharmaceuticals Long Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Syndax Pharmaceuticals' Long Term Investments and Net Working Capital is 0.54. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Syndax Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Syndax Pharmaceuticals' Long Term Investments and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Syndax Pharmaceuticals are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Investments i.e., Syndax Pharmaceuticals' Long Term Investments and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Syndax Pharmaceuticals balance sheet that represents investments Syndax Pharmaceuticals intends to hold for over a year. Syndax Pharmaceuticals long term investments may include different instruments such as stocks, bonds, real estate and cash.Net Working Capital
Most indicators from Syndax Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Syndax Pharmaceuticals 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 Syndax Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Syndax Stock please use our How to Invest in Syndax Pharmaceuticals guide.At this time, Syndax Pharmaceuticals' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 1.3 B in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 137.9 M in 2024.
Syndax Pharmaceuticals fundamental ratios Correlations
Click cells to compare fundamentals
Syndax Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Syndax Pharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 63.5M | 300.6M | 449.7M | 497.2M | 612.9M | 643.5M | |
Other Current Liab | 10.2M | 11.2M | 14.7M | 24.3M | 47.1M | 49.4M | |
Total Current Liabilities | 18.4M | 18.9M | 20.7M | 29.1M | 58.1M | 61.0M | |
Total Stockholder Equity | 31.6M | 252.2M | 408.4M | 467.4M | 554.2M | 581.9M | |
Property Plant And Equipment Net | 997K | 482K | 1.3M | 1.1M | 1.5M | 1.6M | |
Net Debt | (23.7M) | (94.7M) | (201.0M) | (73.2M) | (293.8M) | (279.1M) | |
Retained Earnings | (495.5M) | (568.6M) | (543.7M) | (693.0M) | (902.4M) | (857.3M) | |
Accounts Payable | 6.2M | 3.5M | 5.7M | 4.4M | 10.0M | 10.5M | |
Cash | 24.6M | 115.2M | 222.0M | 74.4M | 295.4M | 310.2M | |
Non Current Assets Total | 1.2M | 1.7M | 1.3M | 16.0M | 32.0M | 33.6M | |
Non Currrent Assets Other | 82K | 1.2M | 983K | 9.4M | 680K | 646K | |
Cash And Short Term Investments | 59.8M | 293.1M | 439.9M | 481.3M | 577.6M | 606.5M | |
Common Stock Shares Outstanding | 30.5M | 41.3M | 53.6M | 60.8M | 70.4M | 38.8M | |
Short Term Investments | 35.2M | 177.8M | 218.0M | 410.0M | 282.2M | 296.3M | |
Liabilities And Stockholders Equity | 63.5M | 300.6M | 449.7M | 497.2M | 612.9M | 643.5M | |
Non Current Liabilities Total | 13.6M | 29.6M | 20.6M | 722K | 588K | 558.6K | |
Other Current Assets | 763K | 5.6M | 7.9M | 9.9M | 2.1M | 2.7M | |
Other Stockholder Equity | 527.1M | 820.8M | 952.0M | 1.2B | 1.5B | 1.5B | |
Total Liab | 31.9M | 48.4M | 41.3M | 29.8M | 58.7M | 34.5M | |
Property Plant And Equipment Gross | 997K | 482K | 1.7M | 1.5M | 1.9M | 2.0M | |
Total Current Assets | 62.3M | 298.9M | 448.4M | 481.3M | 580.9M | 609.9M | |
Accumulated Other Comprehensive Income | (310K) | (4K) | 45K | (806K) | 218K | 228.9K | |
Short Term Debt | 478K | 2.6M | 362K | 439K | 1.0M | 994.7K | |
Common Stock | 3K | 5K | 6K | 7K | 8K | 8.4K | |
Other Liab | 17.1M | 14.8M | 13.1M | 11.6M | 13.4M | 14.2M | |
Net Tangible Assets | 31.6M | 252.2M | 408.4M | 467.4M | 537.6M | 564.4M | |
Other Assets | 219K | 0.0 | 1.6M | 922K | 829.8K | 472.8K | |
Net Receivables | 116K | 175K | 429K | 4.1M | 1.2M | 795.6K | |
Inventory | 1.7M | 5.3M | 7.7M | (4.3M) | 2.0M | 1.6M | |
Property Plant Equipment | 997K | 192K | 278K | 1.1M | 1.2M | 1.3M | |
Retained Earnings Total Equity | (439.4M) | (495.5M) | (568.6M) | (543.7M) | (489.3M) | (513.8M) | |
Capital Surpluse | 492.5M | 527.1M | 820.8M | 952.0M | 1.1B | 669.6M | |
Non Current Liabilities Other | 136K | 5K | 11.7M | 711K | 817.7K | 776.8K | |
Net Invested Capital | 31.6M | 272.3M | 428.3M | 467.4M | 554.2M | 300.3M |
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