Semler Long Term Debt Total vs Accounts Payable Analysis
SMLR Stock | USD 61.23 2.42 3.80% |
Semler Scientific financial indicator trend analysis is much more than just breaking down Semler Scientific prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Semler Scientific is a good investment. Please check the relationship between Semler Scientific Long Term Debt Total and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Semler Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Semler Stock, please use our How to Invest in Semler Scientific guide.
Long Term Debt Total vs Accounts Payable
Long Term Debt Total vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Semler Scientific Long Term Debt Total account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Semler Scientific's Long Term Debt Total and Accounts Payable is -0.43. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Semler Scientific, assuming nothing else is changed. The correlation between historical values of Semler Scientific's Long Term Debt Total 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 Long Term Debt Total of Semler Scientific 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 Long Term Debt Total i.e., Semler Scientific's Long Term Debt Total and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Debt Total
Accounts Payable
An accounting item on the balance sheet that represents Semler 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 Semler 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 Semler Scientific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Semler 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 Semler Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Semler Stock, please use our How to Invest in Semler Scientific guide.At this time, Semler Scientific's Selling General Administrative is relatively stable compared to the past year. As of 11/26/2024, Tax Provision is likely to grow to about 5.9 M, while Sales General And Administrative To Revenue is likely to drop 0.20.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 638K | 489K | 562.4K | 359.7K | Depreciation And Amortization | 628K | 589K | 599K | 335.5K |
Semler Scientific fundamental ratios Correlations
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Semler Scientific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Semler Scientific fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.3M | 34.6M | 50.7M | 62.7M | 78.1M | 82.0M | |
Other Current Liab | 3.9M | 2.0M | 2.3M | 2.9M | 2.6M | 2.3M | |
Total Current Liabilities | 5.2M | 4.5M | 4.9M | 6.9M | 6.2M | 4.4M | |
Total Stockholder Equity | 13.1M | 29.8M | 45.5M | 55.7M | 71.8M | 75.4M | |
Property Plant And Equipment Net | 2.3M | 2.5M | 2.0M | 3.1M | 3.0M | 1.7M | |
Current Deferred Revenue | 955K | 963K | 921K | 1.2M | 1.1M | 729.1K | |
Net Debt | (7.7M) | (21.7M) | (37.0M) | (22.8M) | (57.0M) | (54.2M) | |
Retained Earnings | (6.3M) | 7.7M | 24.9M | 39.2M | 59.8M | 62.8M | |
Accounts Payable | 338K | 677K | 443K | 835K | 402K | 448.5K | |
Cash | 7.7M | 22.1M | 37.3M | 23.0M | 57.2M | 60.1M | |
Non Current Assets Total | 6.8M | 8.4M | 5.1M | 13.8M | 12.1M | 12.7M | |
Cash And Short Term Investments | 7.7M | 22.1M | 37.3M | 43.1M | 57.2M | 60.1M | |
Net Receivables | 3.5M | 2.8M | 3.6M | 3.9M | 6.1M | 6.4M | |
Common Stock Shares Outstanding | 8.0M | 8.1M | 8.1M | 8.0M | 7.8M | 6.6M | |
Liabilities And Stockholders Equity | 18.3M | 34.6M | 50.7M | 62.7M | 78.1M | 82.0M | |
Non Current Liabilities Total | 7K | 332K | 245K | 160K | 70K | 66.5K | |
Other Current Assets | 3.7M | 1.4M | 4.0M | 1.5M | 2.2M | 1.7M | |
Other Stockholder Equity | 19.4M | 22.1M | 20.6M | 16.4M | 12.0M | 18.6M | |
Total Liab | 5.2M | 4.8M | 5.1M | 7.0M | 6.3M | 5.2M | |
Total Current Assets | 11.4M | 26.3M | 45.5M | 48.9M | 65.9M | 69.2M | |
Other Assets | 4.5M | 5.1M | 5.1M | 5.1M | 1.0 | 0.95 | |
Property Plant Equipment | 249K | 261K | 1.6M | 2.5M | 2.8M | 3.0M | |
Net Tangible Assets | 13.1M | 29.8M | 45.5M | 55.7M | 64.0M | 67.2M | |
Retained Earnings Total Equity | (6.3M) | 7.7M | 24.9M | 39.2M | 45.1M | 47.4M | |
Capital Surpluse | 19.4M | 22.1M | 20.6M | 16.4M | 14.8M | 16.8M | |
Inventory | (3.5M) | (2.8M) | 550K | 469K | 445K | 467.3K | |
Other Liab | 11K | 7K | 332K | 160K | 184K | 125.1K | |
Net Invested Capital | 13.1M | 29.8M | 45.5M | 55.7M | 71.8M | 75.4M | |
Property Plant And Equipment Gross | 2.3M | 2.5M | 4.1M | 3.1M | 4.9M | 3.1M | |
Net Working Capital | 6.2M | 21.7M | 40.7M | 42.1M | 59.7M | 62.7M |
Pair Trading with Semler Scientific
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Semler Scientific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Semler Scientific will appreciate offsetting losses from the drop in the long position's value.Moving together with Semler Stock
Moving against Semler Stock
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0.66 | FIGS | Figs Inc | PairCorr |
The ability to find closely correlated positions to Semler Scientific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Semler Scientific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Semler Scientific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Semler Scientific to buy it.
The correlation of Semler Scientific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Semler Scientific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Semler Scientific moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Semler Scientific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Semler Stock Analysis
When running Semler Scientific's price analysis, check to measure Semler Scientific'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 Semler Scientific is operating at the current time. Most of Semler Scientific's value examination focuses on studying past and present price action to predict the probability of Semler Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Semler Scientific's price. Additionally, you may evaluate how the addition of Semler Scientific to your portfolios can decrease your overall portfolio volatility.