Sequent Other Current Assets vs Other Current Liab 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 Other Current Assets and its Other Current Liab 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.

Other Current Assets vs Other Current Liab

Other Current Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sequent Scientific Other Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sequent Scientific's Other Current Assets and Other Current Liab is 0.4. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Current Liab 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 Other Current Assets and Other Current Liab 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 Sequent Scientific Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Current Assets i.e., Sequent Scientific's Other Current Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Other Current Liab

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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