Sypris Short Term Debt vs Non Current Liabilities Total Analysis

SYPR Stock  USD 1.57  0.07  4.27%   
Sypris Solutions financial indicator trend analysis is much more than just breaking down Sypris Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sypris Solutions is a good investment. Please check the relationship between Sypris Solutions Short Term Debt and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sypris Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Sypris Stock, please use our How to Invest in Sypris Solutions guide.

Short Term Debt vs Non Current Liabilities Total

JavaScript chart by amCharts 3.21.15201420162018202020222024500K1M2M3M4M5M6M7M8M9M10M11M12M13M14M15M16M 8M10M12M14M16M18M20M22M24M26M28M30M32M34M
JavaScript chart by amCharts 3.21.15Short Term Debttotal: 49MNon Current Liabilities Totaltotal: 272.6M

Short Term Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sypris Solutions Short Term Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
Short Term DebtNon Current Liabilities TotalDiversified AwayShort Term DebtNon Current Liabilities TotalDiversified Away100%
The correlation between Sypris Solutions' Short Term Debt and Non Current Liabilities Total is -0.48. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Sypris Solutions, assuming nothing else is changed. The correlation between historical values of Sypris Solutions' Short Term Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Sypris Solutions are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Short Term Debt i.e., Sypris Solutions' Short Term Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Debt

Non Current Liabilities Total

Most indicators from Sypris Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sypris Solutions 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 Sypris Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Sypris Stock, please use our How to Invest in Sypris Solutions guide.At this time, Sypris Solutions' Selling General Administrative is relatively stable compared to the past year. As of 12/12/2024, Tax Provision is likely to grow to about 680.4 K, while Sales General And Administrative To Revenue is likely to drop 0.10.
 2021 2022 2023 2024 (projected)
Interest Expense868K1.1M777K738.2K
Depreciation And Amortization3.6M4.0M3.3M3.1M

Sypris Solutions fundamental ratios Correlations

0.330.410.850.840.8-0.090.50.950.410.80.480.410.86-0.250.610.570.41-0.210.950.930.220.76-0.13-0.190.64
0.330.210.130.19-0.040.740.540.21-0.25-0.07-0.16-0.250.38-0.660.380.590.58-0.70.240.420.190.1-0.61-0.64-0.3
0.410.210.5-0.1-0.08-0.04-0.130.230.11-0.030.30.110.06-0.030.250.860.64-0.080.520.470.050.650.040.190.42
0.850.130.50.630.61-0.070.30.850.260.610.320.260.68-0.070.220.570.38-0.050.940.90.430.82-0.040.060.54
0.840.19-0.10.630.91-0.080.660.890.360.870.350.360.91-0.320.470.120.03-0.210.70.740.190.47-0.2-0.350.44
0.8-0.04-0.080.610.91-0.320.320.840.490.990.510.490.790.050.47-0.02-0.010.160.690.590.170.530.180.00.6
-0.090.74-0.04-0.07-0.08-0.320.49-0.05-0.82-0.36-0.28-0.820.12-0.66-0.120.290.22-0.7-0.10.090.2-0.11-0.7-0.62-0.59
0.50.54-0.130.30.660.320.490.57-0.170.30.1-0.170.68-0.90.360.260.01-0.850.380.60.030.07-0.86-0.90.03
0.950.210.230.850.890.84-0.050.570.290.830.510.290.93-0.30.450.390.27-0.220.890.880.310.66-0.17-0.260.57
0.41-0.250.110.260.360.49-0.82-0.170.290.510.221.00.170.390.47-0.020.050.40.380.26-0.110.210.440.320.58
0.8-0.07-0.030.610.870.99-0.360.30.830.510.60.510.740.070.550.01-0.020.170.710.580.080.550.190.020.7
0.48-0.160.30.320.350.51-0.280.10.510.220.60.220.33-0.010.530.140.050.050.460.28-0.220.380.120.00.7
0.41-0.250.110.260.360.49-0.82-0.170.291.00.510.220.170.390.47-0.020.050.40.380.26-0.110.210.440.320.58
0.860.380.060.680.910.790.120.680.930.170.740.330.17-0.430.360.290.3-0.340.710.780.440.47-0.28-0.440.32
-0.25-0.66-0.03-0.07-0.320.05-0.66-0.9-0.30.390.07-0.010.39-0.43-0.28-0.38-0.150.98-0.15-0.40.060.080.950.960.18
0.610.380.250.220.470.47-0.120.360.450.470.550.530.470.36-0.280.390.2-0.280.540.47-0.480.32-0.18-0.30.62
0.570.590.860.570.12-0.020.290.260.39-0.020.010.14-0.020.29-0.380.390.7-0.450.630.690.060.65-0.34-0.180.26
0.410.580.640.380.03-0.010.220.010.270.05-0.020.050.050.3-0.150.20.7-0.190.40.430.40.34-0.04-0.070.02
-0.21-0.7-0.08-0.05-0.210.16-0.7-0.85-0.220.40.170.050.4-0.340.98-0.28-0.45-0.19-0.14-0.390.080.090.980.940.19
0.950.240.520.940.70.69-0.10.380.890.380.710.460.380.71-0.150.540.630.4-0.140.940.210.82-0.1-0.060.68
0.930.420.470.90.740.590.090.60.880.260.580.280.260.78-0.40.470.690.43-0.390.940.270.73-0.35-0.30.48
0.220.190.050.430.190.170.20.030.31-0.110.08-0.22-0.110.440.06-0.480.060.40.080.210.270.110.090.05-0.26
0.760.10.650.820.470.53-0.110.070.660.210.550.380.210.470.080.320.650.340.090.820.730.110.150.260.56
-0.13-0.610.04-0.04-0.20.18-0.7-0.86-0.170.440.190.120.44-0.280.95-0.18-0.34-0.040.98-0.1-0.350.090.150.920.24
-0.19-0.640.190.06-0.350.0-0.62-0.9-0.260.320.020.00.32-0.440.96-0.3-0.18-0.070.94-0.06-0.30.050.260.920.2
0.64-0.30.420.540.440.6-0.590.030.570.580.70.70.580.320.180.620.260.020.190.680.48-0.260.560.240.2
Click cells to compare fundamentals

Sypris Solutions Account Relationship Matchups

Sypris Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.1M60.7M79.5M104.1M129.3M135.0M
Short Long Term Debt Total17.2M19.3M16.9M16.1M15.8M28.1M
Other Current Liab6.4M4.7M4.2M33.1M54.7M57.4M
Total Current Liabilities23.4M22.7M34.0M56.1M86.5M43.6M
Total Stockholder Equity13.4M14.8M19.3M19.6M22.5M21.3M
Property Plant And Equipment Net18.7M16.3M19.3M19.8M20.4M19.4M
Net Debt12.2M7.7M5.3M(5.5M)7.9M7.5M
Retained Earnings(117.4M)(115.8M)(112.8M)(115.3M)(116.9M)(111.1M)
Accounts Payable9.3M6.7M12.0M17.6M26.7M23.8M
Cash5.1M11.6M11.6M21.6M7.9M13.1M
Non Current Assets Total20.2M21.3M23.5M24.2M25.5M24.2M
Non Currrent Assets Other1.5M1.4M1.6M2.0M2.4M4.2M
Cash And Short Term Investments5.1M11.6M11.6M21.6M7.9M13.1M
Net Receivables7.4M8.5M10.4M10.5M13.6M26.9M
Common Stock Shares Outstanding20.9M21.1M23.0M21.7M21.9M17.5M
Liabilities And Stockholders Equity60.1M60.7M79.5M104.1M129.3M135.0M
Non Current Liabilities Total23.3M23.2M26.2M28.4M20.4M36.7M
Inventory20.8M16.2M30.1M42.1M77.3M81.2M
Other Current Assets4.3M3.1M4.0M5.7M5.1M8.7M
Other Stockholder Equity154.7M155.0M154.9M155.5M156.2M126.8M
Total Liab46.6M45.9M60.2M84.6M106.9M80.3M
Total Current Assets39.8M39.4M56.1M80.0M103.9M80.2M
Short Term Debt1.5M3.9M2.4M5.2M3.5M3.5M
Property Plant And Equipment Gross18.7M16.3M19.3M19.8M87.3M49.1M
Accumulated Other Comprehensive Income(24.1M)(24.7M)(23.0M)(20.8M)(17.1M)(17.9M)
Other Liab7.5M6.5M10.5M17.5M15.7M14.2M
Other Assets1.5M11.1M4.2M4.4M3.9M5.2M
Long Term Debt6.5M8.8M6.5M4.7M7.8M7.4M
Property Plant Equipment11.7M16.3M19.3M15.5M14.0M13.3M
Current Deferred Revenue6.1M7.1M15.3M28.2M1.2M1.2M
Net Tangible Assets13.4M14.8M19.3M19.6M17.6M21.9M
Retained Earnings Total Equity(114.9M)(117.4M)(115.8M)(115.3M)(103.8M)(109.0M)
Long Term Debt Total3.4M9.3M8.8M2.4M2.1M2.0M
Capital Surpluse154.4M154.7M155.0M155.5M178.9M168.2M
Non Current Liabilities Other13.4M6.5M969K7.0M53K50.4K
Capital Lease Obligations10.8M9.2M10.4M8.5M6.9M7.8M

Pair Trading with Sypris Solutions

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 Sypris Solutions 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 Sypris Solutions will appreciate offsetting losses from the drop in the long position's value.

Moving against Sypris Stock

  0.73GM General MotorsPairCorr
  0.58DORM Dorman ProductsPairCorr
  0.55WKSP WorksportPairCorr
  0.46WKHS Workhorse GroupPairCorr
  0.35ZK ZEEKR IntelligentPairCorr
The ability to find closely correlated positions to Sypris Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sypris Solutions 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 Sypris Solutions - 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 Sypris Solutions to buy it.
The correlation of Sypris Solutions 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 Sypris Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sypris Solutions 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 Sypris Solutions 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 Sypris Stock Analysis

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

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