Seek Accounts Payable vs Common Stock Analysis

SEK Stock   26.29  0.17  0.65%   
Seek financial indicator trend analysis is much more than just breaking down Seek prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seek is a good investment. Please check the relationship between Seek Accounts Payable and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seek. 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.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seek Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between Seek's Accounts Payable and Common Stock is 0.21. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Seek, assuming nothing else is changed. The correlation between historical values of Seek's Accounts Payable and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Seek are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Seek's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Seek obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Seek are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock

Most indicators from Seek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seek 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 Seek. 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.
Selling General Administrative is likely to gain to about 570 M in 2024, whereas Discontinued Operations is likely to drop slightly above 538.9 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue476.1M558.4M6.6M6.3M
Total Revenue1.1B1.2B1.1B634.2M

Seek fundamental ratios Correlations

0.540.680.9-0.010.480.50.40.440.850.60.820.740.70.210.740.590.80.890.890.490.850.870.070.860.74
0.540.610.39-0.360.250.85-0.050.870.690.580.420.540.15-0.020.660.080.650.430.290.140.430.32-0.170.680.66
0.680.610.360.170.630.420.430.330.880.70.690.420.030.420.510.520.730.350.330.580.70.580.180.710.51
0.90.390.36-0.20.180.470.10.430.580.30.620.850.9-0.140.810.310.571.00.890.210.660.74-0.120.670.81
-0.01-0.360.17-0.20.16-0.240.6-0.250.120.20.21-0.48-0.260.65-0.480.60.13-0.230.020.210.190.140.50.02-0.48
0.480.250.630.180.16-0.040.81-0.040.570.420.57-0.05-0.080.430.00.630.310.150.30.970.570.520.430.40.0
0.50.850.420.47-0.24-0.04-0.140.970.540.40.360.560.25-0.180.640.020.580.50.32-0.110.370.32-0.210.570.64
0.4-0.050.430.10.60.81-0.14-0.140.460.370.6-0.3-0.080.62-0.290.850.330.060.380.840.590.540.620.35-0.29
0.440.870.330.43-0.25-0.040.97-0.140.490.350.30.480.23-0.190.570.00.530.460.3-0.130.310.25-0.260.540.57
0.850.690.880.580.120.570.540.460.490.810.850.530.330.470.590.680.940.590.640.540.860.670.170.950.59
0.60.580.70.30.20.420.40.370.350.810.540.290.160.650.350.620.830.320.50.450.550.420.430.810.35
0.820.420.690.620.210.570.360.60.30.850.540.430.380.360.450.70.750.60.690.561.00.850.180.820.45
0.740.540.420.85-0.48-0.050.56-0.30.480.530.290.430.76-0.280.99-0.040.540.860.62-0.060.470.52-0.40.60.99
0.70.150.030.9-0.26-0.080.25-0.080.230.330.160.380.76-0.160.680.20.430.910.86-0.020.420.52-0.20.520.68
0.21-0.020.42-0.140.650.43-0.180.62-0.190.470.650.36-0.28-0.16-0.270.810.51-0.140.210.460.360.210.470.42-0.27
0.740.660.510.81-0.480.00.64-0.290.570.590.350.450.990.68-0.27-0.040.580.830.57-0.040.490.52-0.390.641.0
0.590.080.520.310.60.630.020.850.00.680.620.7-0.040.20.81-0.040.660.30.60.690.710.560.560.65-0.04
0.80.650.730.570.130.310.580.330.530.940.830.750.540.430.510.580.660.590.690.310.770.580.10.970.58
0.890.430.351.0-0.230.150.50.060.460.590.320.60.860.91-0.140.830.30.590.880.180.640.71-0.140.690.83
0.890.290.330.890.020.30.320.380.30.640.50.690.620.860.210.570.60.690.880.350.720.780.110.760.57
0.490.140.580.210.210.97-0.110.84-0.130.540.450.56-0.06-0.020.46-0.040.690.310.180.350.560.50.590.4-0.04
0.850.430.70.660.190.570.370.590.310.860.551.00.470.420.360.490.710.770.640.720.560.860.170.830.49
0.870.320.580.740.140.520.320.540.250.670.420.850.520.520.210.520.560.580.710.780.50.860.110.640.52
0.07-0.170.18-0.120.50.43-0.210.62-0.260.170.430.18-0.4-0.20.47-0.390.560.1-0.140.110.590.170.110.13-0.39
0.860.680.710.670.020.40.570.350.540.950.810.820.60.520.420.640.650.970.690.760.40.830.640.130.64
0.740.660.510.81-0.480.00.64-0.290.570.590.350.450.990.68-0.271.0-0.040.580.830.57-0.040.490.52-0.390.64
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Seek Account Relationship Matchups

Seek fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3B4.6B4.7B5.2B4.8B5.0B
Other Current Liab692.3M684.9M1.1B1.1B46.7M44.4M
Total Current Liabilities961.3M1.3B1.2B520.1M465.1M417.6M
Total Stockholder Equity1.1B1.8B1.8B2.7B2.6B2.7B
Accounts Payable26.1M16.4M8.6M18.8M6.2M5.9M
Cash604.8M491.8M325.1M251.4M199.4M239.8M
Net Receivables94.9M130.8M756.4M574.8M103.1M111.1M
Good Will2.0B1.0B1.1B1.1B1.1B967.1M
Other Current Assets208.2M154.3M1.8B1.8B30M28.5M
Total Liab3.0B2.7B2.8B2.6B2.2B1.2B
Intangible Assets2.5B1.4B1.5B1.6B558.2M637.5M
Property Plant Equipment91M260.2M241.6M228.3M262.5M275.7M
Other Liab158.1M179.8M124.3M551.3M634.0M665.7M
Other Assets413.4M49.7M20.2M17.4M20.0M19.0M
Property Plant And Equipment Net91M260.2M241.6M228.3M204.1M214.3M
Current Deferred Revenue350.9M129.9M166.8M205M235.8M158.9M
Net Debt1.4B820.6M1.2B1.3B1.0B540.9M
Retained Earnings886.7M1.5B1.6B2.4B2.2B2.3B
Non Current Assets Total3.5B2.3B2.4B4.8B4.4B4.6B
Cash And Short Term Investments648.3M491.9M325.2M251.6M289.3M313.6M
Common Stock Shares Outstanding352.1M355.6M356.0M356.8M355.6M366.3M
Liabilities And Stockholders Equity4.3B4.6B4.7B5.2B6.0B6.3B
Non Current Liabilities Total2.0B1.4B1.7B2.0B1.7B879.9M
Property Plant And Equipment Gross91M260.2M241.6M228.3M204.1M214.3M
Total Current Assets817.2M2.3B2.3B476.5M401.3M623.5M
Accumulated Other Comprehensive Income(81.1M)18.5M(27.2M)23.8M21.4M22.5M
Short Term Debt161M190.5M122.1M40.3M46.3M74.0M
Short Long Term Debt Total2.0B1.3B1.6B1.5B1.7B948.0M
Long Term Debt1.8B1.0B1.4B1.3B1.2B874.5M
Non Currrent Assets Other(2.0B)(1.0B)(1.1B)(838.5M)(754.7M)(792.4M)
Inventory(3.3M)(4M)(36.4M)(30.8M)(27.7M)(26.3M)
Net Tangible Assets(1.5B)454.3M320.2M1.0B1.2B1.3B
Other Stockholder Equity(1.2B)(1.8B)(1.8B)(2.7B)(2.4B)(2.3B)
Long Term Investments704.7M573.6M683.4M2.9B2.5B2.7B
Short Long Term Debt133.1M143.4M77.3M8.9M8.0M7.6M
Long Term Debt Total1.8B1.2B1.5B1.5B1.7B1.4B
Non Current Liabilities Other3.1M900K1.8M151.9M128.3M73.3M

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Additional Tools for Seek Stock Analysis

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