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 Property Plant And Equipment Net and its Cash 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.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Seek Property Plant And Equipment Net account and
Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Seek's Property Plant And Equipment Net and Cash is 0.0. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash in the same time period over historical financial statements of Seek, assuming nothing else is changed. The correlation between historical values of Seek's Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Seek are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Seek's Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Cash
Cash refers to the most liquid asset of Seek, which is listed under current asset account on Seek balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Seek customers. The amounts must be unrestricted with restricted cash listed in a different Seek account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.
Seek fundamental ratios Correlations
Click cells to compare fundamentals
Seek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seek fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Seek Stock Analysis
When running Seek's price analysis, check to
measure Seek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Seek is operating at the current time. Most of Seek's value examination focuses on studying past and present price action to
predict the probability of Seek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seek's price. Additionally, you may evaluate how the addition of Seek to your portfolios can decrease your overall portfolio volatility.