Syntec Current Deferred Revenue vs Short Long Term Debt Total Analysis

OPTX Stock   1.24  0.03  2.48%   
Syntec Optics financial indicator trend analysis is much more than just breaking down Syntec Optics Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Syntec Optics Holdings is a good investment. Please check the relationship between Syntec Optics Current Deferred Revenue and its Short Long Term Debt Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Syntec Optics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Current Deferred Revenue vs Short Long Term Debt Total

Current Deferred Revenue vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Syntec Optics Holdings Current Deferred Revenue account and Short Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Syntec Optics' Current Deferred Revenue and Short Long Term Debt Total is -0.94. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Syntec Optics Holdings, assuming nothing else is changed. The correlation between historical values of Syntec Optics' Current Deferred Revenue and Short Long Term Debt 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 Syntec Optics Holdings are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Current Deferred Revenue i.e., Syntec Optics' Current Deferred Revenue and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
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.

Short Long Term Debt Total

Most indicators from Syntec Optics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Syntec Optics Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Syntec Optics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Syntec Optics' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 289.5 M in 2024, despite the fact that Tax Provision is likely to grow to (683.2 K).
 2010 2022 2023 2024 (projected)
Interest Expense194.8K336.0K654.8K434.7K
Depreciation And Amortization3.2M3.1M2.8M2.4M

Syntec Optics fundamental ratios Correlations

0.82-0.361.0-0.310.87-0.580.660.890.150.880.88-0.820.840.88-0.70.730.70.80.020.22-0.810.911.0-0.760.79
0.82-0.820.79-0.741.0-0.940.950.95-0.360.690.99-0.980.970.69-0.980.860.981.0-0.440.64-1.00.980.83-0.880.98
-0.36-0.82-0.320.96-0.780.95-0.94-0.650.8-0.21-0.750.76-0.74-0.210.92-0.75-0.89-0.840.81-0.90.82-0.7-0.390.75-0.85
1.00.79-0.32-0.260.84-0.540.620.880.20.890.86-0.80.810.89-0.670.70.670.770.070.17-0.780.890.99-0.730.76
-0.31-0.740.96-0.26-0.70.85-0.91-0.50.89-0.02-0.670.62-0.59-0.020.85-0.82-0.78-0.730.93-0.990.71-0.6-0.360.81-0.82
0.871.0-0.780.84-0.7-0.910.930.96-0.30.731.0-0.980.970.73-0.960.860.960.99-0.390.6-0.990.990.87-0.890.98
-0.58-0.940.95-0.540.85-0.91-0.96-0.840.58-0.49-0.890.92-0.91-0.490.98-0.76-0.99-0.950.6-0.750.95-0.87-0.590.78-0.92
0.660.95-0.940.62-0.910.93-0.960.82-0.620.440.92-0.880.870.44-0.990.910.960.95-0.690.84-0.940.880.68-0.920.98
0.890.95-0.650.88-0.50.96-0.840.82-0.080.870.97-0.990.990.87-0.890.710.920.96-0.150.38-0.960.990.88-0.740.89
0.15-0.360.80.20.89-0.30.58-0.62-0.080.41-0.270.22-0.190.410.53-0.52-0.45-0.370.98-0.930.34-0.180.10.49-0.47
0.880.69-0.210.89-0.020.73-0.490.440.870.410.75-0.790.811.0-0.550.380.620.70.35-0.11-0.720.810.83-0.430.58
0.880.99-0.750.86-0.671.0-0.890.920.97-0.270.75-0.970.970.75-0.950.860.950.99-0.360.57-0.991.00.89-0.880.97
-0.82-0.980.76-0.80.62-0.980.92-0.88-0.990.22-0.79-0.97-1.0-0.790.94-0.74-0.97-0.990.28-0.490.99-0.98-0.810.77-0.92
0.840.97-0.740.81-0.590.97-0.910.870.99-0.190.810.97-1.00.81-0.930.730.960.98-0.250.47-0.990.980.82-0.760.92
0.880.69-0.210.89-0.020.73-0.490.440.870.411.00.75-0.790.81-0.550.380.620.70.35-0.11-0.720.810.83-0.430.58
-0.7-0.980.92-0.670.85-0.960.98-0.99-0.890.53-0.55-0.950.94-0.93-0.55-0.86-0.99-0.980.59-0.760.98-0.93-0.720.88-0.98
0.730.86-0.750.7-0.820.86-0.760.910.71-0.520.380.86-0.740.730.38-0.860.780.83-0.650.8-0.810.820.78-1.00.93
0.70.98-0.890.67-0.780.96-0.990.960.92-0.450.620.95-0.970.960.62-0.990.780.99-0.490.67-0.990.930.7-0.80.95
0.81.0-0.840.77-0.730.99-0.950.950.96-0.370.70.99-0.990.980.7-0.980.830.99-0.430.63-1.00.980.8-0.850.97
0.02-0.440.810.070.93-0.390.6-0.69-0.150.980.35-0.360.28-0.250.350.59-0.65-0.49-0.43-0.970.4-0.27-0.040.62-0.56
0.220.64-0.90.17-0.990.6-0.750.840.38-0.93-0.110.57-0.490.47-0.11-0.760.80.670.63-0.97-0.60.490.28-0.780.74
-0.81-1.00.82-0.780.71-0.990.95-0.94-0.960.34-0.72-0.990.99-0.99-0.720.98-0.81-0.99-1.00.4-0.6-0.98-0.810.84-0.97
0.910.98-0.70.89-0.60.99-0.870.880.99-0.180.811.0-0.980.980.81-0.930.820.930.98-0.270.49-0.980.91-0.850.95
1.00.83-0.390.99-0.360.87-0.590.680.880.10.830.89-0.810.820.83-0.720.780.70.8-0.040.28-0.810.91-0.810.81
-0.76-0.880.75-0.730.81-0.890.78-0.92-0.740.49-0.43-0.880.77-0.76-0.430.88-1.0-0.8-0.850.62-0.780.84-0.85-0.81-0.95
0.790.98-0.850.76-0.820.98-0.920.980.89-0.470.580.97-0.920.920.58-0.980.930.950.97-0.560.74-0.970.950.81-0.95
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Syntec Optics Account Relationship Matchups

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