Synchronoss Income Before Tax vs Net Income From Continuing Ops Analysis

SNCRL Stock  USD 22.00  0.11  0.50%   
Synchronoss Technologies financial indicator trend analysis is much more than just breaking down Synchronoss Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synchronoss Technologies is a good investment. Please check the relationship between Synchronoss Technologies Income Before Tax and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchronoss Technologies 8375. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Synchronoss Stock please use our How to buy in Synchronoss Stock guide.

Income Before Tax vs Net Income From Continuing Ops

Income Before Tax vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synchronoss Technologies Income Before Tax account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have no relationship.
The correlation between Synchronoss Technologies' Income Before Tax and Net Income From Continuing Ops is 0.02. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Synchronoss Technologies 8375, assuming nothing else is changed. The correlation between historical values of Synchronoss Technologies' Income Before Tax and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Synchronoss Technologies 8375 are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., Synchronoss Technologies' Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Synchronoss Technologies income statement and is an important metric when analyzing Synchronoss Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income From Continuing Ops

Most indicators from Synchronoss Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synchronoss Technologies 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 Synchronoss Technologies 8375. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Synchronoss Stock please use our How to buy in Synchronoss Stock guide.Selling General Administrative is expected to rise to about 91.1 M this year, although the value of Discontinued Operations will most likely fall to about 14.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense6.4M13.6M12.4M13.1M
Depreciation And Amortization36.1M31.8M16.8M16.0M

Synchronoss Technologies fundamental ratios Correlations

0.890.540.720.60.860.780.540.760.90.460.160.540.470.890.960.110.830.880.350.80.620.920.60.220.66
0.890.710.860.40.570.490.340.550.940.32-0.250.780.490.850.820.030.860.940.560.50.390.890.530.180.4
0.540.710.50.370.330.160.20.470.570.48-0.40.490.370.480.540.290.490.650.350.20.270.520.380.670.32
0.720.860.50.110.390.360.020.370.80.18-0.350.890.150.790.56-0.330.820.750.620.340.460.860.62-0.080.04
0.60.40.370.110.740.70.620.660.390.480.55-0.210.410.370.710.390.290.42-0.070.690.520.390.320.570.91
0.860.570.330.390.740.930.630.850.640.610.510.170.30.740.860.240.620.60.010.960.760.730.610.340.79
0.780.490.160.360.70.930.550.610.60.30.630.160.390.730.750.220.650.60.160.990.640.70.440.280.69
0.540.340.20.020.620.630.550.580.320.320.53-0.070.320.210.710.490.130.45-0.190.580.190.25-0.040.350.78
0.760.550.470.370.660.850.610.580.560.890.230.120.150.580.80.090.440.47-0.180.670.750.610.720.340.75
0.90.940.570.80.390.640.60.320.560.32-0.120.730.590.890.81-0.070.880.940.530.60.390.920.510.090.42
0.460.320.480.180.480.610.30.320.890.320.04-0.02-0.040.320.5-0.030.180.18-0.310.390.690.360.680.340.54
0.16-0.25-0.4-0.350.550.510.630.530.23-0.120.04-0.540.08-0.050.280.32-0.13-0.09-0.340.610.3-0.06-0.110.210.6
0.540.780.490.89-0.210.170.16-0.070.120.73-0.02-0.540.160.680.38-0.250.740.710.650.150.150.710.4-0.12-0.21
0.470.490.370.150.410.30.390.320.150.59-0.040.080.160.450.440.180.520.680.540.35-0.160.45-0.180.240.4
0.890.850.480.790.370.740.730.210.580.890.32-0.050.680.450.73-0.050.980.830.530.720.550.970.670.080.35
0.960.820.540.560.710.860.750.710.80.810.50.280.380.440.730.310.650.80.150.790.570.760.50.350.81
0.110.030.29-0.330.390.240.220.490.09-0.07-0.030.32-0.250.18-0.050.31-0.110.11-0.240.28-0.08-0.15-0.220.640.5
0.830.860.490.820.290.620.650.130.440.880.18-0.130.740.520.980.65-0.110.870.70.630.450.970.560.040.23
0.880.940.650.750.420.60.60.450.470.940.18-0.090.710.680.830.80.110.870.640.580.270.870.310.240.43
0.350.560.350.62-0.070.010.16-0.19-0.180.53-0.31-0.340.650.540.530.15-0.240.70.640.1-0.070.59-0.01-0.09-0.23
0.80.50.20.340.690.960.990.580.670.60.390.610.150.350.720.790.280.630.580.10.680.70.470.290.73
0.620.390.270.460.520.760.640.190.750.390.690.30.15-0.160.550.57-0.080.450.27-0.070.680.590.820.220.49
0.920.890.520.860.390.730.70.250.610.920.36-0.060.710.450.970.76-0.150.970.870.590.70.590.660.070.36
0.60.530.380.620.320.610.44-0.040.720.510.68-0.110.4-0.180.670.5-0.220.560.31-0.010.470.820.660.110.26
0.220.180.67-0.080.570.340.280.350.340.090.340.21-0.120.240.080.350.640.040.24-0.090.290.220.070.110.5
0.660.40.320.040.910.790.690.780.750.420.540.6-0.210.40.350.810.50.230.43-0.230.730.490.360.260.5
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Synchronoss Technologies Account Relationship Matchups

Synchronoss Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets523.0M482.3M450.7M398.1M310.3M449.0M
Total Stockholder Equity277.7M280.9M163.3M136.4M85.4M81.2M
Common Stock Shares Outstanding4.5M4.7M7.2M1.1M9.7M9.3M
Liabilities And Stockholders Equity523.0M482.3M450.7M398.1M310.3M449.0M
Other Stockholder Equity443.7M417.3M492.5M488.8M483.5M292.0M
Total Liab232.8M201.3M274.9M249.1M212.4M172.6M
Short Long Term Debt Total61.0M54.3M169.2M169.7M166.2M101.8M
Other Current Liab48.3M36.3M32.1M46.6M32.7M27.1M
Total Current Liabilities144.2M92.1M73.0M80.5M47.7M69.9M
Property Plant And Equipment Net80.5M34.5M26.4M20.9M18.5M17.5M
Current Deferred Revenue65.9M33.0M22.4M14.2M1.1M1.0M
Net Debt22.0M20.6M137.7M147.8M141.6M148.7M
Retained Earnings(334.3M)(345.8M)(368.7M)(376.6M)(431.2M)(409.6M)
Accounts Payable21.6M12.7M11.1M14.2M7.5M10.8M
Cash39.0M33.7M31.5M21.9M24.6M23.3M
Non Current Assets Total389.1M400.7M371.6M329.1M228.3M304.0M
Non Currrent Assets Other8.1M133.4M120.7M97.4M3.7M3.6M
Cash And Short Term Investments39.0M33.7M31.5M21.9M24.6M23.3M
Net Receivables65.9M47.8M47.6M47.0M23.5M22.3M
Non Current Liabilities Total88.6M109.3M201.9M168.6M164.7M122.7M
Other Current Assets4.8M39.8M42.9M36.3M34.0M30.2M
Total Current Assets133.9M81.5M79.1M68.9M82.0M77.9M
Accumulated Other Comprehensive Income(32.5M)(28.2M)(33.0M)(44.1M)(25.7M)(24.4M)
Short Term Debt8.5M10M7.5M5.5M6.4M6.1M
Good Will223.0M232.8M224.6M210.9M183.9M168.3M
Intangible Assets77.6M69.6M60.3M47.5M22.2M21.1M
Inventory24.2M(39.8M)(42.9M)(36.3M)(34.0M)(32.3M)

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Additional Information and Resources on Investing in Synchronoss Stock

When determining whether Synchronoss Technologies is a strong investment it is important to analyze Synchronoss Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Synchronoss Technologies' future performance. For an informed investment choice regarding Synchronoss Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchronoss Technologies 8375. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Synchronoss Stock please use our How to buy in Synchronoss Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Business Services space 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 Synchronoss Technologies. If investors know Synchronoss 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 Synchronoss Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Synchronoss Technologies is measured differently than its book value, which is the value of Synchronoss that is recorded on the company's balance sheet. Investors also form their own opinion of Synchronoss Technologies' value that differs from its market value or its book value, called intrinsic value, which is Synchronoss Technologies' 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 Synchronoss Technologies' market value can be influenced by many factors that don't directly affect Synchronoss Technologies' 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 Synchronoss Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Synchronoss Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synchronoss Technologies' 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.