Scynexis Other Current Assets vs Total Current Liabilities Analysis

SCYX Stock  USD 2.77  0.36  14.94%   
Scynexis financial indicator trend analysis is much more than just breaking down Scynexis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scynexis is a good investment. Please check the relationship between Scynexis Other Current Assets and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scynexis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Scynexis Stock please use our How to Invest in Scynexis guide.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scynexis Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Scynexis' Other Current Assets and Total Current Liabilities is 0.17. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Scynexis, assuming nothing else is changed. The correlation between historical values of Scynexis' Other Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Scynexis are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Scynexis' Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Liabilities

Total Current Liabilities is an item on Scynexis balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Scynexis are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Scynexis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scynexis 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 Scynexis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Scynexis Stock please use our How to Invest in Scynexis guide.At this time, Scynexis' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 1.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.9 M in 2024.

Scynexis fundamental ratios Correlations

0.270.690.260.70.74-0.50.48-0.7-0.880.820.80.420.30.730.450.950.420.720.77-0.080.450.950.72-0.470.99
0.270.310.36-0.20.270.22-0.010.04-0.440.350.350.220.670.50.870.29-0.080.460.72-0.21-0.10.30.70.250.25
0.690.310.660.270.75-0.180.66-0.61-0.70.470.720.210.230.520.440.710.190.490.70.020.20.680.76-0.180.7
0.260.360.66-0.220.680.410.52-0.08-0.350.320.280.40.390.490.330.180.170.330.53-0.230.170.250.690.410.19
0.7-0.20.27-0.220.4-0.640.11-0.61-0.60.430.480.48-0.170.54-0.070.660.660.620.180.020.70.640.11-0.630.71
0.740.270.750.680.4-0.070.76-0.53-0.820.760.670.580.350.780.390.680.450.690.75-0.110.510.750.8-0.050.7
-0.50.22-0.180.41-0.64-0.07-0.010.420.45-0.33-0.320.12-0.11-0.13-0.07-0.6-0.12-0.21-0.120.19-0.13-0.58-0.011.0-0.57
0.48-0.010.660.520.110.76-0.01-0.56-0.510.610.580.080.10.230.160.50.070.180.540.120.120.510.59-0.010.49
-0.70.04-0.61-0.08-0.61-0.530.42-0.560.51-0.41-0.910.010.0-0.280.02-0.8-0.03-0.22-0.39-0.28-0.11-0.6-0.350.4-0.76
-0.88-0.44-0.7-0.35-0.6-0.820.45-0.510.51-0.87-0.69-0.52-0.43-0.83-0.64-0.86-0.49-0.85-0.840.17-0.51-0.95-0.80.43-0.88
0.820.350.470.320.430.76-0.330.61-0.41-0.870.590.440.50.690.550.760.360.660.81-0.220.380.880.76-0.30.79
0.80.350.720.280.480.67-0.320.58-0.91-0.690.590.10.310.490.360.890.020.40.710.110.090.720.67-0.280.84
0.420.220.210.40.480.580.120.080.01-0.520.440.10.140.830.210.210.90.840.35-0.380.910.370.390.120.31
0.30.670.230.39-0.170.35-0.110.10.0-0.430.50.310.140.480.640.32-0.150.30.6-0.59-0.170.420.6-0.080.27
0.730.50.520.490.540.78-0.130.23-0.28-0.830.690.490.830.480.510.60.660.940.69-0.310.680.740.7-0.110.66
0.450.870.440.33-0.070.39-0.070.160.02-0.640.550.360.210.640.510.470.050.560.85-0.30.010.520.8-0.050.44
0.950.290.710.180.660.68-0.60.5-0.8-0.860.760.890.210.320.60.470.230.590.76-0.020.270.920.69-0.570.99
0.42-0.080.190.170.660.45-0.120.07-0.03-0.490.360.020.9-0.150.660.050.230.760.18-0.290.980.370.19-0.130.34
0.720.460.490.330.620.69-0.210.18-0.22-0.850.660.40.840.30.940.560.590.760.66-0.260.780.740.64-0.20.66
0.770.720.70.530.180.75-0.120.54-0.39-0.840.810.710.350.60.690.850.760.180.66-0.220.180.780.98-0.090.75
-0.08-0.210.02-0.230.02-0.110.190.12-0.280.17-0.220.11-0.38-0.59-0.31-0.3-0.02-0.29-0.26-0.22-0.24-0.12-0.240.18-0.02
0.45-0.10.20.170.70.51-0.130.12-0.11-0.510.380.090.91-0.170.680.010.270.980.780.18-0.240.40.2-0.130.38
0.950.30.680.250.640.75-0.580.51-0.6-0.950.880.720.370.420.740.520.920.370.740.78-0.120.40.72-0.560.94
0.720.70.760.690.110.8-0.010.59-0.35-0.80.760.670.390.60.70.80.690.190.640.98-0.240.20.720.020.69
-0.470.25-0.180.41-0.63-0.051.0-0.010.40.43-0.3-0.280.12-0.08-0.11-0.05-0.57-0.13-0.2-0.090.18-0.13-0.560.02-0.55
0.990.250.70.190.710.7-0.570.49-0.76-0.880.790.840.310.270.660.440.990.340.660.75-0.020.380.940.69-0.55
Click cells to compare fundamentals

Scynexis Account Relationship Matchups

Scynexis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets57.2M102.5M119.8M87.8M128.4M70.4M
Short Long Term Debt Total14.9M19.8M43.6M48.6M15.1M25.0M
Other Current Liab3.8M17.6M5.7M11.4M7.6M5.7M
Total Current Liabilities11.0M26.4M13.6M17.6M16.3M13.7M
Total Stockholder Equity12.9M22.8M41.3M3.2M73.0M76.6M
Other Liab986K21.6M33.6M21.4M24.6M25.8M
Property Plant And Equipment Net3.6M3.3M2.9M2.6M2.4M2.8M
Net Debt(27.0M)(73.2M)(60.9M)2.8M(19.4M)(20.3M)
Retained Earnings(271.4M)(326.6M)(359.5M)(422.3M)(355.2M)(373.0M)
Accounts Payable7.2M4.6M7.8M5.9M7.1M4.3M
Cash41.9M93.0M104.5M45.8M34.4M42.3M
Non Current Assets Total4.8M4.3M10.5M8.7M26.3M27.6M
Non Currrent Assets Other882K760K6.5M5.7M175K166.3K
Other Assets1.2M1.2M4.0M7.7M8.8M9.2M
Long Term Debt11.5M16.5M28.7M45.4M12.2M16.9M
Cash And Short Term Investments48.4M93.0M104.5M73.5M74.7M57.2M
Common Stock Shares Outstanding5.6M10.7M26.4M42.6M48.4M50.8M
Liabilities And Stockholders Equity57.2M102.5M119.8M87.8M128.4M70.4M
Non Current Liabilities Total33.2M53.4M65.0M67.0M39.1M30.3M
Inventory725K520K1.9M463K899K0.0
Other Current Assets674K373K4K62K5.5M5.8M
Other Stockholder Equity284.2M349.4M400.7M425.5M428.2M280.1M
Total Liab44.3M79.8M78.6M84.6M55.5M44.0M
Property Plant And Equipment Gross3.6M3.3M3.4M2.6M2.4M2.9M
Total Current Assets52.4M98.2M109.4M79.1M102.1M63.5M
Property Plant Equipment516K405K3.3M113K101.7K96.6K
Common Stock Total Equity48K97K20K32K36.8K33.5K
Common Stock97K20K32K36K40K35K
Net Tangible Assets31.2M12.9M22.8M40.2M36.2M23.9M
Retained Earnings Total Equity(217.7M)(271.4M)(326.6M)(359.5M)(323.5M)(339.7M)
Short Term Investments32.4M32.7M6.5M27.7M40.3M42.3M
Capital Surpluse248.9M284.2M349.4M400.7M460.8M284.3M
Deferred Long Term Liab106K70K187K150K135K128.3K
Long Term Debt Total10.3M15.1M11.5M28.7M33.1M17.6M
Non Current Liabilities Other986K33.2M53.4M36.2M41.7M24.6M

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When determining whether Scynexis offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Scynexis' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Scynexis Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scynexis Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scynexis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Scynexis Stock please use our How to Invest in Scynexis guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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Is Scynexis' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scynexis. If investors know Scynexis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scynexis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.11
Revenue Per Share
2.926
Quarterly Revenue Growth
0.215
Return On Assets
0.4896
Return On Equity
0.4586
The market value of Scynexis is measured differently than its book value, which is the value of Scynexis that is recorded on the company's balance sheet. Investors also form their own opinion of Scynexis' value that differs from its market value or its book value, called intrinsic value, which is Scynexis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scynexis' market value can be influenced by many factors that don't directly affect Scynexis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scynexis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scynexis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scynexis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.