Sequent Good Will vs Accounts Payable Analysis

SEQUENT Stock   199.27  1.09  0.55%   
Sequent Scientific financial indicator trend analysis is much more than just breaking down Sequent Scientific prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sequent Scientific is a good investment. Please check the relationship between Sequent Scientific Good Will and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sequent Scientific Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Good Will vs Accounts Payable

Good Will vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sequent Scientific Good Will account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sequent Scientific's Good Will and Accounts Payable is 0.72. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sequent Scientific Limited, assuming nothing else is changed. The correlation between historical values of Sequent Scientific's Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Sequent Scientific Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., Sequent Scientific's Good Will and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Accounts Payable

An accounting item on the balance sheet that represents Sequent Scientific 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 Sequent Scientific 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.
Most indicators from Sequent Scientific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sequent Scientific 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 Sequent Scientific Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Discontinued Operations is likely to gain to about 5.1 B in 2024, whereas Selling General Administrative is likely to drop slightly above 297 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense135.1M355.2M480.9M281.8M
Depreciation And Amortization510.9M556.9M615.4M375.0M

Sequent Scientific fundamental ratios Correlations

0.660.250.830.930.680.570.720.950.620.850.890.960.80.660.480.840.870.930.960.570.910.810.530.690.57
0.66-0.120.810.390.690.990.380.610.260.370.540.620.830.510.460.370.870.630.650.790.480.520.160.180.19
0.25-0.120.30.220.24-0.150.170.360.50.40.020.090.12-0.130.40.20.260.090.060.150.040.030.40.40.63
0.830.810.30.610.590.740.670.730.570.590.750.80.730.640.550.570.970.840.790.880.570.780.210.590.5
0.930.390.220.610.530.30.660.890.60.890.840.90.60.590.390.90.650.860.90.30.950.750.640.730.57
0.680.690.240.590.530.690.250.740.110.540.460.580.810.350.450.470.70.530.60.40.550.390.530.080.34
0.570.99-0.150.740.30.690.230.550.210.270.430.520.80.430.490.270.80.520.550.750.390.410.160.10.15
0.720.380.170.670.660.250.230.560.390.710.850.80.460.67-0.030.670.650.820.780.510.660.810.070.530.28
0.950.610.360.730.890.740.550.560.680.870.720.860.840.440.590.820.810.770.860.470.860.60.710.620.64
0.620.260.50.570.60.110.210.390.680.560.410.520.410.180.630.540.550.480.490.390.480.360.430.820.74
0.850.370.40.590.890.540.270.710.870.560.70.780.620.40.370.880.630.730.780.330.830.60.760.610.6
0.890.540.020.750.840.460.430.850.720.410.70.960.620.830.160.750.760.980.940.510.850.920.20.630.35
0.960.620.090.80.90.580.520.80.860.520.780.960.750.750.30.830.830.960.990.560.90.870.350.630.41
0.80.830.120.730.60.810.80.460.840.410.620.620.750.460.440.510.860.660.750.610.690.50.440.330.32
0.660.51-0.130.640.590.350.430.670.440.180.40.830.750.460.050.480.620.830.740.560.630.89-0.090.510.02
0.480.460.40.550.390.450.49-0.030.590.630.370.160.30.440.050.350.550.30.30.40.270.260.550.510.66
0.840.370.20.570.90.470.270.670.820.540.880.750.830.510.480.350.580.760.850.250.840.650.610.560.52
0.870.870.260.970.650.70.80.650.810.550.630.760.830.860.620.550.580.830.830.850.640.740.30.540.47
0.930.630.090.840.860.530.520.820.770.480.730.980.960.660.830.30.760.830.950.610.850.940.280.690.42
0.960.650.060.790.90.60.550.780.860.490.780.940.990.750.740.30.850.830.950.570.920.860.380.60.36
0.570.790.150.880.30.40.750.510.470.390.330.510.560.610.560.40.250.850.610.570.320.61-0.010.40.15
0.910.480.040.570.950.550.390.660.860.480.830.850.90.690.630.270.840.640.850.920.320.720.560.630.36
0.810.520.030.780.750.390.410.810.60.360.60.920.870.50.890.260.650.740.940.860.610.720.090.660.27
0.530.160.40.210.640.530.160.070.710.430.760.20.350.44-0.090.550.610.30.280.38-0.010.560.090.370.61
0.690.180.40.590.730.080.10.530.620.820.610.630.630.330.510.510.560.540.690.60.40.630.660.370.59
0.570.190.630.50.570.340.150.280.640.740.60.350.410.320.020.660.520.470.420.360.150.360.270.610.59
Click cells to compare fundamentals

Sequent Scientific Account Relationship Matchups

Sequent Scientific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.2B13.9B14.4B15.3B15.4B10.6B
Short Long Term Debt Total3.9B2.8B3.6B4.4B4.9B3.1B
Other Current Liab474.9M734.6M418.9M134.1M393.8M610.9M
Total Current Liabilities4.7B4.6B5.1B5.3B6.3B3.8B
Total Stockholder Equity7.4B7.3B6.9B7.0B6.6B4.5B
Property Plant And Equipment Net3.6B3.5B3.3B3.5B3.1B2.9B
Net Debt3.2B2.2B3.1B4.0B4.2B2.8B
Cash681.0M537.4M575.0M415.7M648.1M354.1M
Non Current Assets Total8.1B6.8B6.5B7.4B7.2B5.9B
Non Currrent Assets Other140.1M150.8M222.1M332.8M312.9M269.9M
Cash And Short Term Investments1.1B597.0M591.2M428.8M687.9M477.7M
Net Receivables3.2B3.5B3.3B3.4B3.4B2.0B
Common Stock Shares Outstanding245.3M247.9M250.7M250.1M249.1M185.4M
Liabilities And Stockholders Equity15.2B13.9B14.4B15.3B15.4B10.6B
Non Current Liabilities Total2.6B1.6B1.9B2.5B2.0B2.0B
Inventory2.2B2.6B3.5B3.5B3.5B3.6B
Other Current Assets576.8M436.9M470.3M612.2M735.7M616.3M
Other Stockholder Equity8.4B8.6B8.7B2.0B8.7B4.9B
Total Liab7.3B6.2B7.0B7.8B8.3B5.7B
Total Current Assets7.0B7.1B7.9B7.9B8.2B4.7B
Accumulated Other Comprehensive Income(1.4B)(2.5B)(3.1B)(3.5B)(3.9B)(3.7B)
Short Term Debt2.0B1.4B2.0B2.6B3.2B2.0B
Good Will2.4B1.7B1.9B2.4B2.3B1.5B
Accounts Payable2.2B2.3B2.6B2.4B2.6B1.9B
Short Term Investments401.8M59.6M16.3M13.1M39.8M37.8M
Intangible Assets517.0M443.9M559.5M684.2M617.2M535.8M
Current Deferred Revenue510.2M812.5M397.2M338.4M81.3M77.2M
Retained Earnings(791.2M)599.7M888.9M996.9M1.2B1.3B
Other Liab543.4M326.2M162.4M246.5M221.9M378.6M
Net Tangible Assets4.5B5.1B4.5B3.9B4.5B4.5B
Other Assets372.3M355.9M514.1M502.9M(1.0)(0.95)
Long Term Debt1.5B937.1M1.2B1.8B1.4B1.3B
Short Long Term Debt1.8B1.0B1.9B2.2B3.1B2.1B
Property Plant Equipment3.6B3.5B3.3B3.5B3.2B2.7B
Long Term Debt Total2.0B1.4B1.2B2.2B2.0B1.3B
Capital Surpluse8.6B8.7B8.7B9.0B8.1B7.2B
Capital Lease Obligations607.2M522.9M500.1M457.0M364.1M354.1M
Non Current Liabilities Other13.1M8.7M6.8M3.7M3.3M3.2M

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