Sequent Total Current Liabilities vs Short Term Debt 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 Total Current Liabilities and its Short Term Debt 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.

Total Current Liabilities vs Short Term Debt

Total Current Liabilities vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sequent Scientific Total Current Liabilities account and Short Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sequent Scientific's Total Current Liabilities and Short Term Debt is 0.88. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Debt 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 Total Current Liabilities and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Sequent Scientific Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Current Liabilities i.e., Sequent Scientific's Total Current Liabilities and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Sequent Scientific balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sequent Scientific Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Term Debt

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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