Synnex Current Deferred Revenue vs Long Term Debt Analysis

SNX Stock

USD 116.30 1.00 0.87%

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 Current Deferred Revenue 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 closely tied 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.

Current Deferred Revenue vs Long Term Debt

Current Deferred Revenue vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synnex Current Deferred Revenue account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Synnex's Current Deferred Revenue and Long Term Debt is 0.76. Overlapping area represents the amount of variation of Current Deferred Revenue 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 Current Deferred Revenue 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 Current Deferred Revenue 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 Current Deferred Revenue i.e., Synnex's Current Deferred Revenue and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

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 closely tied 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

Total Revenue Interest Expense

Synnex fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Long Term Debt	Short Term Investments	Inventory	Other Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue
Total Assets		0.94	1.0	0.88	0.78	0.15	0.78	0.96	0.95	0.98	1.0	1.0	0.99	0.99	0.51	0.99	0.92	0.47	0.99	0.98	0.97	0.99	0.63	0.95	0.71	0.65
Short Long Term Debt Total	0.94		0.94	0.93	0.77	0.02	0.77	0.86	0.98	0.88	0.94	0.93	0.95	0.91	0.67	0.89	0.98	0.4	0.9	0.94	0.89	0.89	0.83	0.94	0.85	0.76
Total Stockholder Equity	1.0	0.94		0.87	0.8	0.12	0.79	0.96	0.95	0.98	1.0	1.0	0.99	0.99	0.54	0.98	0.92	0.5	0.98	0.98	0.97	0.98	0.66	0.96	0.72	0.66
Net Debt	0.88	0.93	0.87		0.51	0.07	0.51	0.81	0.89	0.85	0.88	0.87	0.9	0.86	0.49	0.85	0.9	0.3	0.87	0.93	0.89	0.84	0.69	0.82	0.92	0.66
Cash	0.78	0.77	0.8	0.51		0.01	1.0	0.71	0.78	0.7	0.77	0.77	0.77	0.75	0.7	0.73	0.75	0.39	0.7	0.68	0.66	0.73	0.71	0.83	0.45	0.67
Other Assets	0.15	0.02	0.12	0.07	0.01		0.0	-0.01	0.13	0.28	0.16	0.12	0.1	0.16	-0.58	0.2	0.1	-0.07	0.15	0.17	0.29	0.26	-0.26	0.23	-0.12	-0.1
Cash And Short Term Investments	0.78	0.77	0.79	0.51	1.0	0.0		0.71	0.78	0.7	0.77	0.77	0.77	0.75	0.7	0.73	0.75	0.4	0.7	0.67	0.66	0.73	0.71	0.83	0.44	0.67
Common Stock Shares Outstanding	0.96	0.86	0.96	0.81	0.71	-0.01	0.71		0.85	0.94	0.96	0.97	0.96	0.97	0.53	0.97	0.81	0.46	0.96	0.93	0.91	0.95	0.53	0.84	0.63	0.58
Non Current Liabilities Total	0.95	0.98	0.95	0.89	0.78	0.13	0.78	0.85		0.91	0.95	0.93	0.94	0.91	0.6	0.9	1.0	0.5	0.92	0.94	0.91	0.91	0.8	0.98	0.78	0.74
Other Stockholder Equity	0.98	0.88	0.98	0.85	0.7	0.28	0.7	0.94	0.91		0.98	0.98	0.97	0.99	0.35	0.99	0.87	0.47	0.98	0.97	0.99	0.99	0.51	0.93	0.64	0.55
Total Liab	1.0	0.94	1.0	0.88	0.77	0.16	0.77	0.96	0.95	0.98		1.0	0.99	1.0	0.5	0.99	0.92	0.47	0.99	0.98	0.98	0.99	0.62	0.95	0.71	0.64
Total Current Assets	1.0	0.93	1.0	0.87	0.77	0.12	0.77	0.97	0.93	0.98	1.0		0.99	1.0	0.51	0.99	0.9	0.47	0.99	0.98	0.97	0.98	0.61	0.93	0.69	0.64
Other Current Liab	0.99	0.95	0.99	0.9	0.77	0.1	0.77	0.96	0.94	0.97	0.99	0.99		0.99	0.55	0.98	0.92	0.44	0.97	0.98	0.96	0.98	0.66	0.94	0.75	0.67
Total Current Liabilities	0.99	0.91	0.99	0.86	0.75	0.16	0.75	0.97	0.91	0.99	1.0	1.0	0.99		0.46	1.0	0.87	0.45	0.99	0.97	0.98	0.99	0.56	0.92	0.67	0.6
Retained Earnings	0.51	0.67	0.54	0.49	0.7	-0.58	0.7	0.53	0.6	0.35	0.5	0.51	0.55	0.46		0.41	0.62	0.3	0.44	0.46	0.33	0.4	0.87	0.52	0.61	0.73
Accounts Payable	0.99	0.89	0.98	0.85	0.73	0.2	0.73	0.97	0.9	0.99	0.99	0.99	0.98	1.0	0.41		0.86	0.46	0.99	0.97	0.98	0.99	0.52	0.92	0.65	0.58
Long Term Debt	0.92	0.98	0.92	0.9	0.75	0.1	0.75	0.81	1.0	0.87	0.92	0.9	0.92	0.87	0.62	0.86		0.48	0.89	0.91	0.88	0.87	0.84	0.96	0.81	0.76
Short Term Investments	0.47	0.4	0.5	0.3	0.39	-0.07	0.4	0.46	0.5	0.47	0.47	0.47	0.44	0.45	0.3	0.46	0.48		0.47	0.46	0.42	0.43	0.33	0.54	0.17	0.1
Inventory	0.99	0.9	0.98	0.87	0.7	0.15	0.7	0.96	0.92	0.98	0.99	0.99	0.97	0.99	0.44	0.99	0.89	0.47		0.97	0.97	0.97	0.56	0.91	0.68	0.61
Other Current Assets	0.98	0.94	0.98	0.93	0.68	0.17	0.67	0.93	0.94	0.97	0.98	0.98	0.98	0.97	0.46	0.97	0.91	0.46	0.97		0.98	0.97	0.62	0.93	0.77	0.62
Intangible Assets	0.97	0.89	0.97	0.89	0.66	0.29	0.66	0.91	0.91	0.99	0.98	0.97	0.96	0.98	0.33	0.98	0.88	0.42	0.97	0.98		0.98	0.52	0.92	0.71	0.57
Common Stock	0.99	0.89	0.98	0.84	0.73	0.26	0.73	0.95	0.91	0.99	0.99	0.98	0.98	0.99	0.4	0.99	0.87	0.43	0.97	0.97	0.98		0.53	0.93	0.65	0.57
Property Plant Equipment	0.63	0.83	0.66	0.69	0.71	-0.26	0.71	0.53	0.8	0.51	0.62	0.61	0.66	0.56	0.87	0.52	0.84	0.33	0.56	0.62	0.52	0.53		0.73	0.79	0.83
Other Liab	0.95	0.94	0.96	0.82	0.83	0.23	0.83	0.84	0.98	0.93	0.95	0.93	0.94	0.92	0.52	0.92	0.96	0.54	0.91	0.93	0.92	0.93	0.73		0.69	0.67
Property Plant And Equipment Net	0.71	0.85	0.72	0.92	0.45	-0.12	0.44	0.63	0.78	0.64	0.71	0.69	0.75	0.67	0.61	0.65	0.81	0.17	0.68	0.77	0.71	0.65	0.79	0.69		0.77
Current Deferred Revenue	0.65	0.76	0.66	0.66	0.67	-0.1	0.67	0.58	0.74	0.55	0.64	0.64	0.67	0.6	0.73	0.58	0.76	0.1	0.61	0.62	0.57	0.57	0.83	0.67	0.77

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Synnex Account Relationship Matchups

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	2.7B	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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Synnex Current Deferred Revenue vs Long Term Debt Analysis

Current Deferred Revenue vs Long Term Debt

Current Deferred Revenue vs Long Term Debt Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Long Term Debt

Synnex fundamental ratios Correlations

Synnex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Synnex fundamental ratios Accounts

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Additional Tools for Synnex Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash

Retained Earnings	- 0.58	Other Assets
Property Plant Equipment	- 0.26	Other Assets
Property Plant And Equipment Net	- 0.12	Other Assets
Current Deferred Revenue	- 0.1	Other Assets
Short Term Investments	- 0.07	Other Assets
Common Stock Shares Outstanding	- 0.01	Other Assets