Synaptogenix Total Current Assets vs Net Working Capital Analysis

SNPX Stock  USD 4.34  0.26  5.65%   
Synaptogenix financial indicator trend analysis is much more than just breaking down Synaptogenix prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synaptogenix is a good investment. Please check the relationship between Synaptogenix Total Current Assets and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synaptogenix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Synaptogenix Stock please use our How to Invest in Synaptogenix guide.

Total Current Assets vs Net Working Capital

Total Current Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synaptogenix Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Synaptogenix's Total Current Assets and Net Working Capital is 0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Synaptogenix, assuming nothing else is changed. The correlation between historical values of Synaptogenix's Total Current Assets and Net Working Capital 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 Current Assets of Synaptogenix are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Current Assets i.e., Synaptogenix's Total Current Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Working Capital

Most indicators from Synaptogenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synaptogenix 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 Synaptogenix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Synaptogenix Stock please use our How to Invest in Synaptogenix guide.At this time, Synaptogenix's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 3.22 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Income7.1K335.0K1.5M1.6M
Net Interest Income7.1K335.0K1.5M1.6M

Synaptogenix fundamental ratios Correlations

0.520.540.980.95-0.48-1.00.480.191.00.411.0-0.080.69-0.42-0.320.680.980.491.00.990.06-0.45-0.37-0.37-0.37
0.520.980.380.59-0.95-0.530.510.110.480.990.51-0.830.58-0.2-0.530.840.390.960.510.420.44-0.88-0.94-0.94-0.94
0.540.980.40.59-0.91-0.540.670.330.50.930.52-0.880.69-0.22-0.690.870.410.950.530.440.28-0.85-0.89-0.89-0.89
0.980.380.40.9-0.38-0.990.390.160.990.280.980.080.6-0.47-0.220.531.00.340.991.0-0.03-0.39-0.27-0.27-0.27
0.950.590.590.9-0.53-0.930.410.080.940.510.95-0.170.59-0.48-0.250.760.910.620.950.920.32-0.46-0.38-0.38-0.38
-0.48-0.95-0.91-0.38-0.530.51-0.37-0.08-0.45-0.95-0.470.75-0.410.420.4-0.65-0.41-0.85-0.47-0.4-0.410.980.960.960.96
-1.0-0.53-0.54-0.99-0.930.51-0.46-0.17-1.0-0.43-1.00.08-0.680.430.31-0.65-0.98-0.48-1.0-0.99-0.040.50.420.420.42
0.480.510.670.390.41-0.37-0.460.840.450.380.46-0.620.930.02-0.980.730.370.540.480.41-0.38-0.34-0.35-0.35-0.35
0.190.110.330.160.08-0.08-0.170.840.17-0.020.16-0.40.64-0.15-0.830.280.160.120.190.15-0.68-0.13-0.03-0.03-0.03
1.00.480.50.990.94-0.45-1.00.450.170.371.0-0.030.67-0.43-0.290.640.990.451.01.00.04-0.43-0.34-0.34-0.34
0.410.990.930.280.51-0.95-0.430.38-0.020.370.41-0.820.45-0.18-0.420.770.290.950.40.320.54-0.87-0.95-0.95-0.95
1.00.510.520.980.95-0.47-1.00.460.161.00.41-0.060.67-0.43-0.30.670.980.491.00.990.07-0.45-0.36-0.36-0.36
-0.08-0.83-0.880.08-0.170.750.08-0.62-0.4-0.03-0.82-0.06-0.50.00.72-0.680.07-0.83-0.070.04-0.220.680.770.770.77
0.690.580.690.60.59-0.41-0.680.930.640.670.450.67-0.50.07-0.880.80.570.580.690.63-0.3-0.38-0.43-0.43-0.43
-0.42-0.2-0.22-0.47-0.480.420.430.02-0.15-0.43-0.18-0.430.00.07-0.11-0.05-0.53-0.15-0.42-0.43-0.160.470.180.180.18
-0.32-0.53-0.69-0.22-0.250.40.31-0.98-0.83-0.29-0.42-0.30.72-0.88-0.11-0.67-0.19-0.55-0.32-0.240.380.380.420.420.42
0.680.840.870.530.76-0.65-0.650.730.280.640.770.67-0.680.8-0.05-0.670.530.910.670.580.32-0.53-0.61-0.61-0.61
0.980.390.411.00.91-0.41-0.980.370.160.990.290.980.070.57-0.53-0.190.530.350.980.990.0-0.41-0.28-0.28-0.28
0.490.960.950.340.62-0.85-0.480.540.120.450.950.49-0.830.58-0.15-0.550.910.350.480.380.53-0.73-0.82-0.82-0.82
1.00.510.530.990.95-0.47-1.00.480.191.00.41.0-0.070.69-0.42-0.320.670.980.480.990.05-0.45-0.36-0.36-0.36
0.990.420.441.00.92-0.4-0.990.410.151.00.320.990.040.63-0.43-0.240.580.990.380.990.0-0.4-0.3-0.3-0.3
0.060.440.28-0.030.32-0.41-0.04-0.38-0.680.040.540.07-0.22-0.3-0.160.380.320.00.530.050.0-0.27-0.35-0.35-0.35
-0.45-0.88-0.85-0.39-0.460.980.5-0.34-0.13-0.43-0.87-0.450.68-0.380.470.38-0.53-0.41-0.73-0.45-0.4-0.270.950.950.95
-0.37-0.94-0.89-0.27-0.380.960.42-0.35-0.03-0.34-0.95-0.360.77-0.430.180.42-0.61-0.28-0.82-0.36-0.3-0.350.951.01.0
-0.37-0.94-0.89-0.27-0.380.960.42-0.35-0.03-0.34-0.95-0.360.77-0.430.180.42-0.61-0.28-0.82-0.36-0.3-0.350.951.01.0
-0.37-0.94-0.89-0.27-0.380.960.42-0.35-0.03-0.34-0.95-0.360.77-0.430.180.42-0.61-0.28-0.82-0.36-0.3-0.350.951.01.0
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Synaptogenix Account Relationship Matchups

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