Synnex Good Will vs Long Term Debt Analysis
SNX Stock | USD 117.44 0.06 0.05% |
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 Good Will and its Long Term Debt 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 tightly coupled 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.
Good Will vs Long Term Debt
Good Will vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synnex Good Will account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Synnex's Good Will and Long Term Debt is 0.91. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Synnex, assuming nothing else is changed. The correlation between historical values of Synnex's Good Will and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Synnex are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Synnex's Good Will and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Long Term Debt
Long-term debt is a debt that Synnex has held for over one year. Long-term debt appears on Synnex balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Synnex balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 tightly coupled 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 Revenue | 62.3B | 57.6B | 66.2B | 69.5B | Interest Expense | 222.6M | 288.3M | 331.6M | 348.1M |
Synnex fundamental ratios Correlations
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Synnex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Synnex fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.5B | 27.7B | 29.7B | 29.4B | 33.8B | 35.5B | |
Short Long Term Debt Total | 1.6B | 4.1B | 4.1B | 4.1B | 4.7B | 4.9B | |
Total Stockholder Equity | 4.3B | 7.9B | 8.0B | 8.2B | 9.4B | 9.9B | |
Net Debt | 209.6M | 3.1B | 3.6B | 3.0B | 3.5B | 3.7B | |
Cash | 1.4B | 994.0M | 522.6M | 1.0B | 1.2B | 1.2B | |
Cash And Short Term Investments | 1.4B | 994.0M | 522.6M | 1.0B | 1.2B | 1.2B | |
Common Stock Shares Outstanding | 51.2M | 62.7M | 95.5M | 92.9M | 106.8M | 112.1M | |
Liabilities And Stockholders Equity | 13.5B | 27.7B | 29.7B | 29.4B | 33.8B | 35.5B | |
Non Current Liabilities Total | 3.5B | 5.5B | 5.3B | 4.5B | 5.2B | 5.4B | |
Other Stockholder Equity | 1.4B | 7.1B | 7.0B | 6.5B | 7.5B | 7.8B | |
Total Liab | 9.1B | 19.8B | 21.7B | 21.2B | 24.4B | 25.6B | |
Total Current Assets | 8.8B | 17.7B | 20.5B | 20.1B | 23.1B | 24.3B | |
Other Current Liab | 985.8M | 2.0B | 2.2B | 2.4B | 2.8B | 2.9B | |
Total Current Liabilities | 5.6B | 14.2B | 16.4B | 16.7B | 19.2B | 20.2B | |
Retained Earnings | 3.1B | 1.2B | 1.7B | 2.2B | 2.5B | 2.7B | |
Accounts Payable | 3.8B | 12.0B | 14.0B | 13.3B | 15.3B | 16.1B | |
Long Term Debt | 2.6B | 4.0B | 3.8B | 3.1B | 3.6B | 3.7B | |
Inventory | 2.7B | 6.6B | 9.1B | 7.1B | 8.2B | 8.6B | |
Other Current Assets | 173.9M | 668.3M | 671.5M | 642.2M | 738.6M | 775.5M | |
Intangible Assets | 186.0M | 4.9B | 4.4B | 4.2B | 4.9B | 5.1B | |
Common Stock | 53K | 54K | 98K | 99K | 113.9K | 119.5K | |
Property Plant Equipment | 569.9M | 609.3M | 483.4M | 421.1M | 484.2M | 508.4M | |
Other Liab | 584.1M | 891.6M | 1.6B | 1.1B | 1.3B | 1.3B | |
Property Plant And Equipment Net | 157.6M | 483.4M | 421.1M | 450.0M | 517.5M | 543.4M | |
Non Current Assets Total | 4.7B | 9.9B | 9.2B | 9.3B | 10.7B | 11.3B | |
Non Currrent Assets Other | 3.9B | 618.4M | 585.3M | 729.9M | 839.4M | 881.3M | |
Net Receivables | 3.1B | 9.4B | 10.2B | 11.3B | 13.0B | 13.6B | |
Property Plant And Equipment Gross | 609.3M | 708.5M | 727.7M | 859.5M | 988.4M | 1.0B | |
Accumulated Other Comprehensive Income | (194.6M) | (336.2M) | (719.7M) | (507.2M) | (456.5M) | (433.7M) | |
Short Term Debt | 125.0M | 181.3M | 268.1M | 983.6M | 1.1B | 1.2B | |
Good Will | 423.9M | 3.9B | 3.8B | 3.9B | 4.5B | 4.7B | |
Net Tangible Assets | 371.8M | 1.1B | (924.4M) | (201.2M) | (181.1M) | (172.0M) | |
Retained Earnings Total Equity | 2.6B | 3.1B | 1.2B | 1.7B | 2.0B | 1.9B | |
Long Term Debt Total | 2.7B | 2.6B | 4.0B | 3.8B | 4.4B | 4.6B |
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When determining whether Synnex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Synnex's 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 Synnex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Synnex Stock: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 tightly coupled 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.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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Is Synnex's 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 Synnex. If investors know Synnex 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 Synnex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.104 | Dividend Share 1.5 | Earnings Share 6.88 | Revenue Per Share 619.975 | Quarterly Revenue Growth (0.08) |
The market value of Synnex is measured differently than its book value, which is the value of Synnex that is recorded on the company's balance sheet. Investors also form their own opinion of Synnex's value that differs from its market value or its book value, called intrinsic value, which is Synnex's 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 Synnex's market value can be influenced by many factors that don't directly affect Synnex's 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 Synnex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synnex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synnex's 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.