Synlogic Property Plant And Equipment Net vs Net Tangible Assets Analysis

SYBX Stock  USD 1.36  0.05  3.55%   
Synlogic financial indicator trend analysis is much more than just breaking down Synlogic prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synlogic is a good investment. Please check the relationship between Synlogic Property Plant And Equipment Net and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synlogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Synlogic Stock please use our How to Invest in Synlogic guide.

Property Plant And Equipment Net vs Net Tangible Assets

Property Plant And Equipment Net vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synlogic Property Plant And Equipment Net account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Synlogic's Property Plant And Equipment Net and Net Tangible Assets is 0.82. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Synlogic, assuming nothing else is changed. The correlation between historical values of Synlogic's Property Plant And Equipment Net and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Synlogic are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Property Plant And Equipment Net i.e., Synlogic's Property Plant And Equipment Net and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Synlogic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synlogic 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 Synlogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Synlogic Stock please use our How to Invest in Synlogic guide.Selling General Administrative is likely to drop to about 11.5 M in 2024. Tax Provision is likely to drop to 7,700 in 2024
 2021 2022 2023 2024 (projected)
Interest Income210K1.3M2.4M1.6M
Net Interest Income208K1.3M2.4M1.6M

Synlogic fundamental ratios Correlations

0.340.520.870.330.620.52-0.950.05-0.320.450.260.25-0.53-0.410.450.74-0.270.670.26-0.450.450.570.94-0.840.77
0.340.20.530.980.680.2-0.550.660.090.880.790.97-0.81-0.670.580.79-0.60.790.98-0.030.90.760.43-0.630.61
0.520.20.730.240.37-0.08-0.440.30.160.170.10.19-0.46-0.44-0.080.28-0.360.20.20.180.340.190.38-0.180.2
0.870.530.730.530.760.22-0.920.440.030.560.350.47-0.7-0.580.420.77-0.420.730.48-0.220.670.610.87-0.780.74
0.330.980.240.530.650.08-0.520.710.190.790.690.98-0.89-0.80.550.77-0.750.720.990.050.830.660.38-0.580.55
0.620.680.370.760.650.36-0.780.42-0.110.730.450.59-0.69-0.540.430.88-0.360.890.6-0.010.820.710.66-0.770.82
0.520.2-0.080.220.080.36-0.47-0.48-0.930.460.370.060.00.220.340.450.320.50.06-0.380.340.510.51-0.580.56
-0.95-0.55-0.44-0.92-0.52-0.78-0.47-0.270.2-0.64-0.41-0.450.660.49-0.61-0.880.33-0.85-0.460.45-0.65-0.72-0.970.95-0.9
0.050.660.30.440.710.42-0.48-0.270.680.390.320.73-0.69-0.670.250.38-0.650.370.730.190.530.290.16-0.220.23
-0.320.090.160.030.19-0.11-0.930.20.68-0.14-0.090.19-0.26-0.4-0.09-0.16-0.45-0.190.180.19-0.06-0.18-0.270.3-0.28
0.450.880.170.560.790.730.46-0.640.39-0.140.920.75-0.63-0.390.630.83-0.260.90.75-0.330.90.960.53-0.740.76
0.260.790.10.350.690.450.37-0.410.32-0.090.920.66-0.47-0.250.460.59-0.170.690.66-0.410.740.90.32-0.520.53
0.250.970.190.470.980.590.06-0.450.730.190.750.66-0.82-0.730.510.69-0.70.661.00.120.830.590.33-0.520.48
-0.53-0.81-0.46-0.7-0.89-0.690.00.66-0.69-0.26-0.63-0.47-0.820.94-0.51-0.790.87-0.67-0.82-0.04-0.68-0.56-0.50.61-0.57
-0.41-0.67-0.44-0.58-0.8-0.540.220.49-0.67-0.4-0.39-0.25-0.730.94-0.34-0.630.97-0.46-0.74-0.21-0.49-0.31-0.330.41-0.38
0.450.58-0.080.420.550.430.34-0.610.25-0.090.630.460.51-0.51-0.340.69-0.250.670.52-0.430.570.60.54-0.750.67
0.740.790.280.770.770.880.45-0.880.38-0.160.830.590.69-0.79-0.630.69-0.460.970.7-0.270.830.830.78-0.920.94
-0.27-0.6-0.36-0.42-0.75-0.360.320.33-0.65-0.45-0.26-0.17-0.70.870.97-0.25-0.46-0.27-0.7-0.27-0.34-0.15-0.170.24-0.17
0.670.790.20.730.720.890.5-0.850.37-0.190.90.690.66-0.67-0.460.670.97-0.270.67-0.340.880.90.77-0.920.95
0.260.980.20.480.990.60.06-0.460.730.180.750.661.0-0.82-0.740.520.7-0.70.670.120.830.60.34-0.530.49
-0.45-0.030.18-0.220.05-0.01-0.380.450.190.19-0.33-0.410.12-0.04-0.21-0.43-0.27-0.27-0.340.12-0.01-0.53-0.510.51-0.45
0.450.90.340.670.830.820.34-0.650.53-0.060.90.740.83-0.68-0.490.570.83-0.340.880.83-0.010.810.56-0.710.74
0.570.760.190.610.660.710.51-0.720.29-0.180.960.90.59-0.56-0.310.60.83-0.150.90.6-0.530.810.64-0.790.83
0.940.430.380.870.380.660.51-0.970.16-0.270.530.320.33-0.5-0.330.540.78-0.170.770.34-0.510.560.64-0.920.85
-0.84-0.63-0.18-0.78-0.58-0.77-0.580.95-0.220.3-0.74-0.52-0.520.610.41-0.75-0.920.24-0.92-0.530.51-0.71-0.79-0.92-0.94
0.770.610.20.740.550.820.56-0.90.23-0.280.760.530.48-0.57-0.380.670.94-0.170.950.49-0.450.740.830.85-0.94
Click cells to compare fundamentals

Synlogic Account Relationship Matchups

Synlogic fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding2.0M2.4M3.7M4.8M6.5M6.8M
Total Assets188.6M143.8M174.7M110.9M75.6M112.2M
Other Current Liab3.9M1.2M(1.1M)(1.2M)9.4M9.8M
Total Current Liabilities8.9M8.3M10.1M12.1M20.4M21.4M
Total Stockholder Equity156.9M115.1M147.3M82.6M42.7M82.1M
Property Plant And Equipment Net13.0M10.8M9.1M21.7M17.7M9.8M
Net Debt(1.2M)(9.7M)4.2M4.4M(6.7M)(7.0M)
Retained Earnings(171.1M)(230.3M)(290.9M)(357.0M)(414.3M)(393.6M)
Accounts Payable2.2M2.0M1.9M1.8M1.5M2.0M
Cash26.2M32.5M16.4M15.9M24.0M25.6M
Non Current Assets Total61.5M43.4M38.1M31.1M25.6M23.4M
Non Currrent Assets Other48.5M23.0M21.0M8.3M7.9M12.9M
Cash And Short Term Investments127.1M100.4M136.6M77.6M47.7M88.2M
Liabilities And Stockholders Equity188.6M143.8M174.7M110.9M75.6M112.2M
Non Current Liabilities Total22.8M20.4M17.4M16.1M12.5M15.5M
Other Current Assets648K6.4M4.7M2.2M2.2M1.9M
Other Stockholder Equity327.9M345.4M438.1M439.8M456.9M264.4M
Total Liab31.7M28.7M27.5M28.3M32.9M21.9M
Property Plant And Equipment Gross30.3M26.3M33.6M34.8M32.0M18.3M
Total Current Assets127.1M100.4M136.6M79.8M49.9M88.9M
Accumulated Other Comprehensive Income110K14K(45K)(161K)6K6.3K
Net Tangible Assets156.9M115.1M147.3M82.6M95.0M92.2M
Other Assets17.5M10.7M10.4M9.4M10.8M7.1M
Common Stock Total Equity25K33K38K70K80.5K84.5K
Retained Earnings Total Equity(119.8M)(171.1M)(230.3M)(290.9M)(261.8M)(248.7M)
Short Term Investments93.4M67.9M112.2M61.8M23.8M22.6M
Capital Surpluse243.9M327.9M345.4M438.1M503.8M288.6M
Deferred Long Term Liab7.7M16.4M9.6M9.3M10.7M7.6M
Short Term Debt2.2M5.1M6.4M8.3M9.6M10.0M
Common Stock33K38K70K71K10K9.5K
Property Plant Equipment30.3M26.3M9.1M21.7M24.9M15.9M
Short Long Term Debt Total25.0M22.8M20.6M20.3M17.3M14.9M
Capital Lease Obligations25.0M22.8M20.6M20.3M17.3M14.9M
Current Deferred Revenue268K544K531K882K3M3.2M

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