Seek Intangible Assets vs Good Will 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 Intangible Assets and its Good Will 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.

Intangible Assets vs Good Will

Intangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seek Intangible Assets account and Good Will. At this time, the significance of the direction appears to have weak relationship.

The correlation between Seek's Intangible Assets and Good Will is 0.37. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Seek, assuming nothing else is changed. The correlation between historical values of Seek's Intangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Seek are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Intangible Assets i.e., Seek's Intangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 Revenue	476.1M	558.4M	6.6M	6.3M
Total Revenue	1.1B	1.2B	1.1B	634.2M

Cost Of Revenue Total Revenue

Seek fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Net Receivables	Good Will	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Other Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Property Plant And Equipment Gross
Total Assets		0.54	0.68	0.9	-0.01	0.48	0.5	0.4	0.44	0.85	0.6	0.82	0.74	0.7	0.21	0.74	0.59	0.8	0.89	0.89	0.49	0.85	0.87	0.07	0.86	0.74
Other Current Liab	0.54		0.61	0.39	-0.36	0.25	0.85	-0.05	0.87	0.69	0.58	0.42	0.54	0.15	-0.02	0.66	0.08	0.65	0.43	0.29	0.14	0.43	0.32	-0.17	0.68	0.66
Total Current Liabilities	0.68	0.61		0.36	0.17	0.63	0.42	0.43	0.33	0.88	0.7	0.69	0.42	0.03	0.42	0.51	0.52	0.73	0.35	0.33	0.58	0.7	0.58	0.18	0.71	0.51
Total Stockholder Equity	0.9	0.39	0.36		-0.2	0.18	0.47	0.1	0.43	0.58	0.3	0.62	0.85	0.9	-0.14	0.81	0.31	0.57	1.0	0.89	0.21	0.66	0.74	-0.12	0.67	0.81
Accounts Payable	-0.01	-0.36	0.17	-0.2		0.16	-0.24	0.6	-0.25	0.12	0.2	0.21	-0.48	-0.26	0.65	-0.48	0.6	0.13	-0.23	0.02	0.21	0.19	0.14	0.5	0.02	-0.48
Cash	0.48	0.25	0.63	0.18	0.16		-0.04	0.81	-0.04	0.57	0.42	0.57	-0.05	-0.08	0.43	0.0	0.63	0.31	0.15	0.3	0.97	0.57	0.52	0.43	0.4	0.0
Net Receivables	0.5	0.85	0.42	0.47	-0.24	-0.04		-0.14	0.97	0.54	0.4	0.36	0.56	0.25	-0.18	0.64	0.02	0.58	0.5	0.32	-0.11	0.37	0.32	-0.21	0.57	0.64
Good Will	0.4	-0.05	0.43	0.1	0.6	0.81	-0.14		-0.14	0.46	0.37	0.6	-0.3	-0.08	0.62	-0.29	0.85	0.33	0.06	0.38	0.84	0.59	0.54	0.62	0.35	-0.29
Other Current Assets	0.44	0.87	0.33	0.43	-0.25	-0.04	0.97	-0.14		0.49	0.35	0.3	0.48	0.23	-0.19	0.57	0.0	0.53	0.46	0.3	-0.13	0.31	0.25	-0.26	0.54	0.57
Total Liab	0.85	0.69	0.88	0.58	0.12	0.57	0.54	0.46	0.49		0.81	0.85	0.53	0.33	0.47	0.59	0.68	0.94	0.59	0.64	0.54	0.86	0.67	0.17	0.95	0.59
Intangible Assets	0.6	0.58	0.7	0.3	0.2	0.42	0.4	0.37	0.35	0.81		0.54	0.29	0.16	0.65	0.35	0.62	0.83	0.32	0.5	0.45	0.55	0.42	0.43	0.81	0.35
Common Stock	0.82	0.42	0.69	0.62	0.21	0.57	0.36	0.6	0.3	0.85	0.54		0.43	0.38	0.36	0.45	0.7	0.75	0.6	0.69	0.56	1.0	0.85	0.18	0.82	0.45
Property Plant Equipment	0.74	0.54	0.42	0.85	-0.48	-0.05	0.56	-0.3	0.48	0.53	0.29	0.43		0.76	-0.28	0.99	-0.04	0.54	0.86	0.62	-0.06	0.47	0.52	-0.4	0.6	0.99
Other Liab	0.7	0.15	0.03	0.9	-0.26	-0.08	0.25	-0.08	0.23	0.33	0.16	0.38	0.76		-0.16	0.68	0.2	0.43	0.91	0.86	-0.02	0.42	0.52	-0.2	0.52	0.68
Other Assets	0.21	-0.02	0.42	-0.14	0.65	0.43	-0.18	0.62	-0.19	0.47	0.65	0.36	-0.28	-0.16		-0.27	0.81	0.51	-0.14	0.21	0.46	0.36	0.21	0.47	0.42	-0.27
Property Plant And Equipment Net	0.74	0.66	0.51	0.81	-0.48	0.0	0.64	-0.29	0.57	0.59	0.35	0.45	0.99	0.68	-0.27		-0.04	0.58	0.83	0.57	-0.04	0.49	0.52	-0.39	0.64	1.0
Current Deferred Revenue	0.59	0.08	0.52	0.31	0.6	0.63	0.02	0.85	0.0	0.68	0.62	0.7	-0.04	0.2	0.81	-0.04		0.66	0.3	0.6	0.69	0.71	0.56	0.56	0.65	-0.04
Net Debt	0.8	0.65	0.73	0.57	0.13	0.31	0.58	0.33	0.53	0.94	0.83	0.75	0.54	0.43	0.51	0.58	0.66		0.59	0.69	0.31	0.77	0.58	0.1	0.97	0.58
Retained Earnings	0.89	0.43	0.35	1.0	-0.23	0.15	0.5	0.06	0.46	0.59	0.32	0.6	0.86	0.91	-0.14	0.83	0.3	0.59		0.88	0.18	0.64	0.71	-0.14	0.69	0.83
Non Current Assets Total	0.89	0.29	0.33	0.89	0.02	0.3	0.32	0.38	0.3	0.64	0.5	0.69	0.62	0.86	0.21	0.57	0.6	0.69	0.88		0.35	0.72	0.78	0.11	0.76	0.57
Cash And Short Term Investments	0.49	0.14	0.58	0.21	0.21	0.97	-0.11	0.84	-0.13	0.54	0.45	0.56	-0.06	-0.02	0.46	-0.04	0.69	0.31	0.18	0.35		0.56	0.5	0.59	0.4	-0.04
Common Stock Total Equity	0.85	0.43	0.7	0.66	0.19	0.57	0.37	0.59	0.31	0.86	0.55	1.0	0.47	0.42	0.36	0.49	0.71	0.77	0.64	0.72	0.56		0.86	0.17	0.83	0.49
Common Stock Shares Outstanding	0.87	0.32	0.58	0.74	0.14	0.52	0.32	0.54	0.25	0.67	0.42	0.85	0.52	0.52	0.21	0.52	0.56	0.58	0.71	0.78	0.5	0.86		0.11	0.64	0.52
Short Term Investments	0.07	-0.17	0.18	-0.12	0.5	0.43	-0.21	0.62	-0.26	0.17	0.43	0.18	-0.4	-0.2	0.47	-0.39	0.56	0.1	-0.14	0.11	0.59	0.17	0.11		0.13	-0.39
Non Current Liabilities Total	0.86	0.68	0.71	0.67	0.02	0.4	0.57	0.35	0.54	0.95	0.81	0.82	0.6	0.52	0.42	0.64	0.65	0.97	0.69	0.76	0.4	0.83	0.64	0.13		0.64
Property Plant And Equipment Gross	0.74	0.66	0.51	0.81	-0.48	0.0	0.64	-0.29	0.57	0.59	0.35	0.45	0.99	0.68	-0.27	1.0	-0.04	0.58	0.83	0.57	-0.04	0.49	0.52	-0.39	0.64

Click cells to compare fundamentals

Seek Account Relationship Matchups

Seek fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.3B	4.6B	4.7B	5.2B	4.8B	5.0B
Other Current Liab	692.3M	684.9M	1.1B	1.1B	46.7M	44.4M
Total Current Liabilities	961.3M	1.3B	1.2B	520.1M	465.1M	417.6M
Total Stockholder Equity	1.1B	1.8B	1.8B	2.7B	2.6B	2.7B
Accounts Payable	26.1M	16.4M	8.6M	18.8M	6.2M	5.9M
Cash	604.8M	491.8M	325.1M	251.4M	199.4M	239.8M
Net Receivables	94.9M	130.8M	756.4M	574.8M	103.1M	111.1M
Good Will	2.0B	1.0B	1.1B	1.1B	1.1B	967.1M
Other Current Assets	208.2M	154.3M	1.8B	1.8B	30M	28.5M
Total Liab	3.0B	2.7B	2.8B	2.6B	2.2B	1.2B
Intangible Assets	2.5B	1.4B	1.5B	1.6B	558.2M	637.5M
Property Plant Equipment	91M	260.2M	241.6M	228.3M	262.5M	275.7M
Other Liab	158.1M	179.8M	124.3M	551.3M	634.0M	665.7M
Other Assets	413.4M	49.7M	20.2M	17.4M	20.0M	19.0M
Property Plant And Equipment Net	91M	260.2M	241.6M	228.3M	204.1M	214.3M
Current Deferred Revenue	350.9M	129.9M	166.8M	205M	235.8M	158.9M
Net Debt	1.4B	820.6M	1.2B	1.3B	1.0B	540.9M
Retained Earnings	886.7M	1.5B	1.6B	2.4B	2.2B	2.3B
Non Current Assets Total	3.5B	2.3B	2.4B	4.8B	4.4B	4.6B
Cash And Short Term Investments	648.3M	491.9M	325.2M	251.6M	289.3M	313.6M
Common Stock Shares Outstanding	352.1M	355.6M	356.0M	356.8M	355.6M	366.3M
Liabilities And Stockholders Equity	4.3B	4.6B	4.7B	5.2B	6.0B	6.3B
Non Current Liabilities Total	2.0B	1.4B	1.7B	2.0B	1.7B	879.9M
Property Plant And Equipment Gross	91M	260.2M	241.6M	228.3M	204.1M	214.3M
Total Current Assets	817.2M	2.3B	2.3B	476.5M	401.3M	623.5M
Accumulated Other Comprehensive Income	(81.1M)	18.5M	(27.2M)	23.8M	21.4M	22.5M
Short Term Debt	161M	190.5M	122.1M	40.3M	46.3M	74.0M
Short Long Term Debt Total	2.0B	1.3B	1.6B	1.5B	1.7B	948.0M
Long Term Debt	1.8B	1.0B	1.4B	1.3B	1.2B	874.5M
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)	454.3M	320.2M	1.0B	1.2B	1.3B
Other Stockholder Equity	(1.2B)	(1.8B)	(1.8B)	(2.7B)	(2.4B)	(2.3B)
Long Term Investments	704.7M	573.6M	683.4M	2.9B	2.5B	2.7B
Short Long Term Debt	133.1M	143.4M	77.3M	8.9M	8.0M	7.6M
Long Term Debt Total	1.8B	1.2B	1.5B	1.5B	1.7B	1.4B
Non Current Liabilities Other	3.1M	900K	1.8M	151.9M	128.3M	73.3M

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