Synnex Total Permanent Equity vs Net 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 Total Permanent Equity and its Net 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.

Total Permanent Equity vs Net Debt

Total Permanent Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synnex Total Permanent Equity account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Synnex's Total Permanent Equity and Net Debt is 0.77. Overlapping area represents the amount of variation of Total Permanent Equity that can explain the historical movement of Net 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 Total Permanent Equity and Net 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 Total Permanent Equity of Synnex are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Permanent Equity i.e., Synnex's Total Permanent Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Permanent Equity

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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 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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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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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