SEB Other Current Assets vs Total Assets Analysis

0MGS Stock   89.53  2.60  2.99%   
SEB SA financial indicator trend analysis is much more than just breaking down SEB SA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SEB SA is a good investment. Please check the relationship between SEB SA Other Current Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SEB SA. 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.

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SEB SA Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between SEB SA's Other Current Assets and Total Assets is 0.67. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of SEB SA, assuming nothing else is changed. The correlation between historical values of SEB SA's Other Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of SEB SA are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., SEB SA's Other Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Assets

Total assets refers to the total amount of SEB SA assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SEB SA books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from SEB SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SEB SA 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in SEB SA. 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.
Tax Provision is likely to gain to about 117.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 B in 2024.
 2019 2020 2023 2024 (projected)
Interest Income65.7M52.3M60.1M56.5M
Tax Provision131.5M93.8M107.9M117.4M

SEB SA fundamental ratios Correlations

0.90.870.96-0.660.920.960.830.910.430.920.850.960.90.670.830.990.930.850.550.850.820.96-0.22-0.720.85
0.90.630.96-0.610.850.890.980.830.540.810.710.920.810.60.790.850.840.690.180.760.720.92-0.33-0.650.77
0.870.630.73-0.540.860.790.530.870.040.780.880.760.820.810.660.90.920.910.780.70.70.77-0.27-0.590.78
0.960.960.73-0.760.870.980.90.860.580.870.750.950.850.660.830.910.890.740.290.810.750.96-0.32-0.670.8
-0.66-0.61-0.54-0.76-0.66-0.81-0.56-0.68-0.67-0.69-0.59-0.71-0.57-0.49-0.76-0.6-0.63-0.51-0.08-0.69-0.56-0.70.30.58-0.63
0.920.850.860.87-0.660.870.810.990.320.860.950.890.850.710.890.920.930.920.50.810.790.89-0.28-0.80.92
0.960.890.790.98-0.810.870.820.870.560.860.770.930.880.680.850.920.890.770.380.80.760.96-0.28-0.690.84
0.830.980.530.9-0.560.810.820.790.550.750.680.850.760.530.770.770.780.590.060.720.70.84-0.25-0.650.74
0.910.830.870.86-0.680.990.870.790.320.850.970.870.850.70.90.910.920.90.50.80.80.87-0.23-0.820.92
0.430.540.040.58-0.670.320.560.550.320.60.180.60.4-0.090.630.350.190.14-0.210.660.550.570.13-0.570.43
0.920.810.780.87-0.690.860.860.750.850.60.780.970.840.490.870.910.790.80.530.990.920.93-0.05-0.840.84
0.850.710.880.75-0.590.950.770.680.970.180.780.760.820.660.850.860.880.870.580.740.790.75-0.1-0.820.89
0.960.920.760.95-0.710.890.930.850.870.60.970.760.860.580.860.930.850.820.440.930.850.99-0.23-0.760.84
0.90.810.820.85-0.570.850.880.760.850.40.840.820.860.680.840.90.870.770.520.80.90.88-0.02-0.770.93
0.670.60.810.66-0.490.710.680.530.7-0.090.490.660.580.680.440.660.890.690.360.40.410.61-0.63-0.240.61
0.830.790.660.83-0.760.890.850.770.90.630.870.850.860.840.440.80.740.750.320.860.880.860.0-0.950.95
0.990.850.90.91-0.60.920.920.770.910.350.910.860.930.90.660.80.920.880.650.840.830.94-0.16-0.730.85
0.930.840.920.89-0.630.930.890.780.920.190.790.880.850.870.890.740.920.860.510.710.710.86-0.41-0.590.82
0.850.690.910.74-0.510.920.770.590.90.140.80.870.820.770.690.750.880.860.710.730.690.84-0.32-0.680.84
0.550.180.780.29-0.080.50.380.060.5-0.210.530.580.440.520.360.320.650.510.710.470.510.450.13-0.410.47
0.850.760.70.81-0.690.810.80.720.80.660.990.740.930.80.40.860.840.710.730.470.930.870.02-0.860.81
0.820.720.70.75-0.560.790.760.70.80.550.920.790.850.90.410.880.830.710.690.510.930.810.23-0.920.89
0.960.920.770.96-0.70.890.960.840.870.570.930.750.990.880.610.860.940.860.840.450.870.81-0.27-0.730.86
-0.22-0.33-0.27-0.320.3-0.28-0.28-0.25-0.230.13-0.05-0.1-0.23-0.02-0.630.0-0.16-0.41-0.320.130.020.23-0.27-0.27-0.05
-0.72-0.65-0.59-0.670.58-0.8-0.69-0.65-0.82-0.57-0.84-0.82-0.76-0.77-0.24-0.95-0.73-0.59-0.68-0.41-0.86-0.92-0.73-0.27-0.89
0.850.770.780.8-0.630.920.840.740.920.430.840.890.840.930.610.950.850.820.840.470.810.890.86-0.05-0.89
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SEB SA Account Relationship Matchups

SEB SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7B7.1B7.8B9.3B10.7B8.2B
Short Long Term Debt Total2.1B1.8B2.3B2.3B2.6B2.2B
Total Current Liabilities2.3B3.6B4.0B3.2B3.7B3.1B
Total Stockholder Equity1.8B2.1B2.4B2.5B2.8B2.3B
Retained Earnings1.1B1.2B1.2B1.3B1.1B1.1B
Cash98.9M38.1M153.4M560.2M644.2M676.4M
Other Assets179.3M192M213.9M219.8M252.8M175.1M
Long Term Debt2.0B1.8B2.0B2.0B2.3B2.1B
Cash And Short Term Investments755.5M873.4M795.7M2.4B2.8B2.9B
Net Receivables1.3B1.0B973.5M1.2B1.3B1.2B
Good Will1.5B1.5B1.6B1.6B1.9B1.7B
Short Term Investments216.8M260.7M10.2M664.7M764.4M802.6M
Inventory1.2B1.2B1.8B1.7B1.9B1.5B
Other Current Assets74.2M131.7M217.3M76.8M88.3M104.9M
Other Stockholder Equity1.1B1.1B1.6B3.1B3.6B3.8B
Total Liab4.9B5.0B5.4B6.8B7.8B6.0B
Total Current Assets3.4B4.8B5.5B4.3B4.9B4.3B
Treasury Stock(67.3M)(82.4M)(52.8M)(19.6M)(22.5M)(23.7M)
Short Term Debt447M300M347M1.1B1.3B666.8M
Intangible Assets1.2B1.2B1.3B1.3B1.5B1.3B
Property Plant Equipment1.2B1.2B1.3B1.3B1.5B1.2B
Other Current Liab389.6M363.5M415.8M688.6M791.9M552.8M
Other Liab634.1M614.4M602.3M512.7M461.4M477.9M
Net Tangible Assets(459M)(417.3M)12M95.8M110.2M115.7M
Accounts Payable1.0B1.3B1.6B1.0B1.2B1.3B

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