Synnex Current Deferred Revenue vs Non Current Liabilities Total Analysis

SNX Stock  USD 128.84  0.98  0.75%   
Synnex financial indicator trend analysis is much more than just breaking down Synnex prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synnex is a good investment. Please check the relationship between Synnex Current Deferred Revenue 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 Synnex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Synnex Stock please use our How to Invest in Synnex guide.

Current Deferred Revenue vs Non Current Liabilities Total

Current Deferred Revenue vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synnex Current Deferred Revenue account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Synnex's Current Deferred Revenue and Non Current Liabilities Total is 0.74. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Synnex, assuming nothing else is changed. The correlation between historical values of Synnex's Current Deferred Revenue 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 Current Deferred Revenue of Synnex 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 Current Deferred Revenue i.e., Synnex's Current Deferred Revenue and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Non Current Liabilities Total

Most indicators from Synnex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synnex 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 Synnex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Synnex Stock please use our How to Invest in Synnex guide.Selling General Administrative is likely to rise to about 3.2 B in 2024, whereas Tax Provision is likely to drop slightly above 161.5 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue62.3B57.6B66.2B69.5B
Interest Expense222.6M288.3M331.6M348.1M

Synnex fundamental ratios Correlations

0.941.00.880.780.150.780.960.950.981.01.00.990.990.510.990.920.470.990.980.970.990.630.950.710.65
0.940.940.970.690.060.690.870.960.90.940.930.960.920.590.90.950.360.910.960.920.90.770.910.890.73
1.00.940.870.80.120.790.960.950.981.01.00.990.990.540.980.920.50.980.980.970.980.660.960.720.66
0.880.970.870.510.070.510.810.890.850.880.870.90.860.490.850.90.30.870.930.890.840.690.820.920.66
0.780.690.80.510.011.00.710.780.70.770.770.770.750.70.730.750.390.70.680.660.730.710.830.450.67
0.150.060.120.070.010.0-0.010.130.280.160.120.10.16-0.580.20.1-0.070.150.170.290.26-0.260.23-0.12-0.1
0.780.690.790.511.00.00.710.780.70.770.770.770.750.70.730.750.40.70.670.660.730.710.830.440.67
0.960.870.960.810.71-0.010.710.850.940.960.970.960.970.530.970.810.460.960.930.910.950.530.840.630.58
0.950.960.950.890.780.130.780.850.910.950.930.940.910.60.91.00.50.920.940.910.910.80.980.780.74
0.980.90.980.850.70.280.70.940.910.980.980.970.990.350.990.870.470.980.970.990.990.510.930.640.55
1.00.941.00.880.770.160.770.960.950.981.00.991.00.50.990.920.470.990.980.980.990.620.950.710.64
1.00.931.00.870.770.120.770.970.930.981.00.991.00.510.990.90.470.990.980.970.980.610.930.690.64
0.990.960.990.90.770.10.770.960.940.970.990.990.990.550.980.920.440.970.980.960.980.660.940.750.67
0.990.920.990.860.750.160.750.970.910.991.01.00.990.461.00.870.450.990.970.980.990.560.920.670.6
0.510.590.540.490.7-0.580.70.530.60.350.50.510.550.460.410.620.30.440.460.330.40.870.520.610.73
0.990.90.980.850.730.20.730.970.90.990.990.990.981.00.410.860.460.990.970.980.990.520.920.650.58
0.920.950.920.90.750.10.750.811.00.870.920.90.920.870.620.860.480.890.910.880.870.840.960.810.76
0.470.360.50.30.39-0.070.40.460.50.470.470.470.440.450.30.460.480.470.460.420.430.330.540.170.1
0.990.910.980.870.70.150.70.960.920.980.990.990.970.990.440.990.890.470.970.970.970.560.910.680.61
0.980.960.980.930.680.170.670.930.940.970.980.980.980.970.460.970.910.460.970.980.970.620.930.770.62
0.970.920.970.890.660.290.660.910.910.990.980.970.960.980.330.980.880.420.970.980.980.520.920.710.57
0.990.90.980.840.730.260.730.950.910.990.990.980.980.990.40.990.870.430.970.970.980.530.930.650.57
0.630.770.660.690.71-0.260.710.530.80.510.620.610.660.560.870.520.840.330.560.620.520.530.730.790.83
0.950.910.960.820.830.230.830.840.980.930.950.930.940.920.520.920.960.540.910.930.920.930.730.690.67
0.710.890.720.920.45-0.120.440.630.780.640.710.690.750.670.610.650.810.170.680.770.710.650.790.690.77
0.650.730.660.660.67-0.10.670.580.740.550.640.640.670.60.730.580.760.10.610.620.570.570.830.670.77
Click cells to compare fundamentals

Synnex Account Relationship Matchups

Synnex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.5B27.7B29.7B29.4B33.8B35.5B
Short Long Term Debt Total1.6B4.1B4.1B4.1B4.7B4.9B
Total Stockholder Equity4.3B7.9B8.0B8.2B9.4B9.9B
Net Debt209.6M3.1B3.6B3.0B3.5B3.7B
Cash1.4B994.0M522.6M1.0B1.2B1.2B
Cash And Short Term Investments1.4B994.0M522.6M1.0B1.2B1.2B
Common Stock Shares Outstanding51.2M62.7M95.5M92.9M106.8M112.1M
Liabilities And Stockholders Equity13.5B27.7B29.7B29.4B33.8B35.5B
Non Current Liabilities Total3.5B5.5B5.3B4.5B5.2B5.4B
Other Stockholder Equity1.4B7.1B7.0B6.5B7.5B7.8B
Total Liab9.1B19.8B21.7B21.2B24.4B25.6B
Total Current Assets8.8B17.7B20.5B20.1B23.1B24.3B
Other Current Liab985.8M2.0B2.2B2.4B2.8B2.9B
Total Current Liabilities5.6B14.2B16.4B16.7B19.2B20.2B
Retained Earnings3.1B1.2B1.7B2.2B2.5B2.7B
Accounts Payable3.8B12.0B14.0B13.3B15.3B16.1B
Long Term Debt2.6B4.0B3.8B3.1B3.6B3.7B
Inventory2.7B6.6B9.1B7.1B8.2B8.6B
Other Current Assets173.9M668.3M671.5M642.2M738.6M775.5M
Intangible Assets186.0M4.9B4.4B4.2B4.9B5.1B
Common Stock53K54K98K99K113.9K119.5K
Property Plant Equipment569.9M609.3M483.4M421.1M484.2M508.4M
Other Liab584.1M891.6M1.6B1.1B1.3B1.3B
Property Plant And Equipment Net157.6M483.4M421.1M450.0M517.5M543.4M
Non Current Assets Total4.7B9.9B9.2B9.3B10.7B11.3B
Non Currrent Assets Other3.9B618.4M585.3M729.9M839.4M881.3M
Net Receivables3.1B9.4B10.2B11.3B13.0B13.6B
Property Plant And Equipment Gross609.3M708.5M727.7M859.5M988.4M1.0B
Accumulated Other Comprehensive Income(194.6M)(336.2M)(719.7M)(507.2M)(456.5M)(433.7M)
Short Term Debt125.0M181.3M268.1M983.6M1.1B1.2B
Good Will423.9M3.9B3.8B3.9B4.5B4.7B
Net Tangible Assets371.8M1.1B(924.4M)(201.2M)(181.1M)(172.0M)
Retained Earnings Total Equity2.6B3.1B1.2B1.7B2.0B1.9B
Long Term Debt Total2.7B2.6B4.0B3.8B4.4B4.6B

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