Syndax Stock Based Compensation vs Depreciation Analysis

SNDX Stock  USD 14.94  0.62  3.98%   
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 Stock Based Compensation and its Depreciation 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.

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Syndax Pharmaceuticals Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Syndax Pharmaceuticals' Stock Based Compensation and Depreciation is -0.28. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation 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' Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Syndax Pharmaceuticals are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., Syndax Pharmaceuticals' Stock Based Compensation and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Depreciation

Depreciation indicates how much of Syndax Pharmaceuticals value has been used up. For tax purposes Syndax Pharmaceuticals can deduct the cost of the tangible assets it purchases as business expenses. However, Syndax Pharmaceuticals must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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

-0.30.920.761.00.910.9-0.93-0.930.880.930.840.321.00.310.94-0.170.680.970.630.931.0-0.640.970.980.47
-0.3-0.33-0.15-0.31-0.38-0.360.260.51-0.4-0.18-0.42-0.15-0.30.42-0.350.110.01-0.370.0-0.34-0.290.5-0.24-0.28-0.76
0.92-0.330.90.920.90.95-0.92-0.880.940.910.960.190.910.340.81-0.40.420.920.580.910.91-0.550.90.930.33
0.76-0.150.90.750.740.85-0.78-0.70.810.80.890.030.750.590.63-0.50.230.770.650.750.75-0.150.740.780.14
1.0-0.310.920.750.90.9-0.93-0.920.870.920.840.351.00.290.95-0.180.690.960.60.931.0-0.650.970.980.47
0.91-0.380.90.740.90.82-0.9-0.930.960.880.770.190.910.270.82-0.170.590.950.610.990.91-0.680.940.940.49
0.9-0.360.950.850.90.82-0.82-0.810.820.810.950.420.890.370.86-0.570.480.860.440.860.89-0.470.830.880.25
-0.930.26-0.92-0.78-0.93-0.9-0.820.88-0.92-0.99-0.830.0-0.93-0.23-0.770.13-0.46-0.91-0.65-0.91-0.930.61-0.91-0.91-0.45
-0.930.51-0.88-0.7-0.92-0.93-0.810.88-0.91-0.85-0.8-0.23-0.93-0.15-0.880.05-0.59-0.98-0.66-0.92-0.930.72-0.94-0.95-0.64
0.88-0.40.940.810.870.960.82-0.92-0.910.910.850.030.870.240.74-0.210.390.910.620.940.87-0.640.890.90.48
0.93-0.180.910.80.920.880.81-0.99-0.850.910.82-0.020.920.280.75-0.130.450.90.660.90.92-0.560.910.910.39
0.84-0.420.960.890.840.770.95-0.83-0.80.850.820.210.830.290.74-0.550.260.820.460.790.83-0.430.770.820.3
0.32-0.150.190.030.350.190.420.0-0.230.03-0.020.210.330.190.59-0.310.670.26-0.140.240.33-0.280.290.320.02
1.0-0.30.910.751.00.910.89-0.93-0.930.870.920.830.330.310.95-0.150.70.970.630.931.0-0.640.980.980.48
0.310.420.340.590.290.270.37-0.23-0.150.240.280.290.190.310.3-0.320.290.290.590.310.310.350.330.34-0.29
0.94-0.350.810.630.950.820.86-0.77-0.880.740.750.740.590.950.3-0.160.820.910.530.850.95-0.640.920.930.49
-0.170.11-0.4-0.5-0.18-0.17-0.570.130.05-0.21-0.13-0.55-0.31-0.15-0.32-0.160.15-0.130.21-0.21-0.15-0.18-0.08-0.160.42
0.680.010.420.230.690.590.48-0.46-0.590.390.450.260.670.70.290.820.150.650.390.630.7-0.520.730.70.28
0.97-0.370.920.770.960.950.86-0.91-0.980.910.90.820.260.970.290.91-0.130.650.670.950.97-0.640.980.990.51
0.630.00.580.650.60.610.44-0.65-0.660.620.660.46-0.140.630.590.530.210.390.670.590.63-0.190.680.650.38
0.93-0.340.910.750.930.990.86-0.91-0.920.940.90.790.240.930.310.85-0.210.630.950.590.93-0.660.950.950.45
1.0-0.290.910.751.00.910.89-0.93-0.930.870.920.830.331.00.310.95-0.150.70.970.630.93-0.650.980.980.48
-0.640.5-0.55-0.15-0.65-0.68-0.470.610.72-0.64-0.56-0.43-0.28-0.640.35-0.64-0.18-0.52-0.64-0.19-0.66-0.65-0.66-0.65-0.6
0.97-0.240.90.740.970.940.83-0.91-0.940.890.910.770.290.980.330.92-0.080.730.980.680.950.98-0.660.990.45
0.98-0.280.930.780.980.940.88-0.91-0.950.90.910.820.320.980.340.93-0.160.70.990.650.950.98-0.650.990.44
0.47-0.760.330.140.470.490.25-0.45-0.640.480.390.30.020.48-0.290.490.420.280.510.380.450.48-0.60.450.44
Click cells to compare fundamentals

Syndax Pharmaceuticals Account Relationship Matchups

Syndax Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets63.5M300.6M449.7M497.2M612.9M643.5M
Other Current Liab10.2M11.2M14.7M24.3M47.1M49.4M
Total Current Liabilities18.4M18.9M20.7M29.1M58.1M61.0M
Total Stockholder Equity31.6M252.2M408.4M467.4M554.2M581.9M
Property Plant And Equipment Net997K482K1.3M1.1M1.5M1.6M
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 Payable6.2M3.5M5.7M4.4M10.0M10.5M
Cash24.6M115.2M222.0M74.4M295.4M310.2M
Non Current Assets Total1.2M1.7M1.3M16.0M32.0M33.6M
Non Currrent Assets Other82K1.2M983K9.4M680K646K
Cash And Short Term Investments59.8M293.1M439.9M481.3M577.6M606.5M
Common Stock Shares Outstanding30.5M41.3M53.6M60.8M70.4M38.8M
Short Term Investments35.2M177.8M218.0M410.0M282.2M296.3M
Liabilities And Stockholders Equity63.5M300.6M449.7M497.2M612.9M643.5M
Non Current Liabilities Total13.6M29.6M20.6M722K588K558.6K
Other Current Assets763K5.6M7.9M9.9M2.1M2.7M
Other Stockholder Equity527.1M820.8M952.0M1.2B1.5B1.5B
Total Liab31.9M48.4M41.3M29.8M58.7M34.5M
Property Plant And Equipment Gross997K482K1.7M1.5M1.9M2.0M
Total Current Assets62.3M298.9M448.4M481.3M580.9M609.9M
Accumulated Other Comprehensive Income(310K)(4K)45K(806K)218K228.9K
Short Term Debt478K2.6M362K439K1.0M994.7K
Common Stock3K5K6K7K8K8.4K
Other Liab17.1M14.8M13.1M11.6M13.4M14.2M
Net Tangible Assets31.6M252.2M408.4M467.4M537.6M564.4M
Other Assets219K0.01.6M922K829.8K472.8K
Net Receivables116K175K429K4.1M1.2M795.6K
Inventory1.7M5.3M7.7M(4.3M)2.0M1.6M
Property Plant Equipment997K192K278K1.1M1.2M1.3M
Retained Earnings Total Equity(439.4M)(495.5M)(568.6M)(543.7M)(489.3M)(513.8M)
Capital Surpluse492.5M527.1M820.8M952.0M1.1B669.6M
Non Current Liabilities Other136K5K11.7M711K817.7K776.8K
Net Invested Capital31.6M272.3M428.3M467.4M554.2M300.3M

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