Sequoia Interest Income vs Other Operating Expenses Analysis

SEQ Stock   0.36  0.02  5.26%   
Sequoia Financial financial indicator trend analysis is much more than just breaking down Sequoia Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sequoia Financial is a good investment. Please check the relationship between Sequoia Financial Interest Income and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sequoia Financial Group. 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.

Interest Income vs Other Operating Expenses

Interest Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sequoia Financial Interest Income account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sequoia Financial's Interest Income and Other Operating Expenses is 0.53. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Sequoia Financial Group, assuming nothing else is changed. The correlation between historical values of Sequoia Financial's Interest Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Sequoia Financial Group are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Interest Income i.e., Sequoia Financial's Interest Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sequoia Financial. It is also known as Sequoia Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Sequoia Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sequoia Financial 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 Sequoia Financial Group. 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.
At this time, Sequoia Financial's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 1.3 M in 2024, whereas Tax Provision is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue81.2M74.9M98.3M103.3M
Total Revenue110.4M98.5M122.4M128.5M

Sequoia Financial fundamental ratios Correlations

0.83-0.250.310.90.74-0.720.510.420.70.93-0.610.70.710.86-0.150.740.640.70.80.910.36-0.60.890.390.64
0.83-0.480.110.690.85-0.730.280.60.830.74-0.880.830.860.88-0.210.960.830.550.880.920.57-0.850.790.690.78
-0.25-0.480.12-0.22-0.360.6-0.07-0.86-0.63-0.240.5-0.63-0.66-0.260.0-0.49-0.73-0.31-0.54-0.36-0.120.71-0.22-0.24-0.26
0.310.110.120.51-0.03-0.140.56-0.020.040.620.310.040.080.2-0.140.01-0.020.640.140.2-0.160.180.29-0.120.03
0.90.69-0.220.510.58-0.750.820.350.680.95-0.340.680.650.75-0.180.530.530.880.730.790.12-0.420.850.250.41
0.740.85-0.36-0.030.58-0.740.140.550.820.63-0.810.820.780.75-0.120.840.80.50.860.810.46-0.860.880.680.77
-0.72-0.730.6-0.14-0.75-0.74-0.53-0.77-0.97-0.690.57-0.97-0.78-0.70.13-0.63-0.72-0.83-0.77-0.74-0.310.76-0.8-0.29-0.58
0.510.28-0.070.560.820.14-0.530.110.40.670.10.40.320.34-0.240.070.160.810.360.36-0.170.010.51-0.060.0
0.420.6-0.86-0.020.350.55-0.770.110.780.38-0.570.780.80.44-0.040.590.820.480.640.520.21-0.830.430.190.42
0.70.83-0.630.040.680.82-0.970.40.780.64-0.711.00.820.77-0.140.740.780.730.810.80.43-0.850.80.470.68
0.930.74-0.240.620.950.63-0.690.670.380.64-0.390.650.670.78-0.180.620.580.840.760.830.19-0.470.860.330.51
-0.61-0.880.50.31-0.34-0.810.570.1-0.57-0.71-0.39-0.71-0.71-0.650.15-0.94-0.76-0.19-0.7-0.71-0.720.89-0.58-0.74-0.83
0.70.83-0.630.040.680.82-0.970.40.781.00.65-0.710.820.77-0.140.740.780.730.810.80.43-0.850.80.470.68
0.710.86-0.660.080.650.78-0.780.320.80.820.67-0.710.820.72-0.110.80.970.550.940.820.16-0.890.710.420.47
0.860.88-0.260.20.750.75-0.70.340.440.770.78-0.650.770.72-0.10.750.650.590.810.980.4-0.670.820.490.64
-0.15-0.210.0-0.14-0.18-0.120.13-0.24-0.04-0.14-0.180.15-0.14-0.11-0.1-0.19-0.07-0.19-0.1-0.1-0.230.07-0.13-0.17-0.25
0.740.96-0.490.010.530.84-0.630.070.590.740.62-0.940.740.80.75-0.190.810.40.790.820.67-0.870.690.750.84
0.640.83-0.73-0.020.530.8-0.720.160.820.780.58-0.760.780.970.65-0.070.810.430.930.760.18-0.930.660.480.49
0.70.55-0.310.640.880.5-0.830.810.480.730.84-0.190.730.550.59-0.190.40.430.580.610.14-0.370.760.140.42
0.80.88-0.540.140.730.86-0.770.360.640.810.76-0.70.810.940.81-0.10.790.930.580.90.15-0.850.840.490.52
0.910.92-0.360.20.790.81-0.740.360.520.80.83-0.710.80.820.98-0.10.820.760.610.90.37-0.750.850.520.65
0.360.57-0.12-0.160.120.46-0.31-0.170.210.430.19-0.720.430.160.4-0.230.670.180.140.150.37-0.440.310.620.89
-0.6-0.850.710.18-0.42-0.860.760.01-0.83-0.85-0.470.89-0.85-0.89-0.670.07-0.87-0.93-0.37-0.85-0.75-0.44-0.64-0.57-0.68
0.890.79-0.220.290.850.88-0.80.510.430.80.86-0.580.80.710.82-0.130.690.660.760.840.850.31-0.640.490.65
0.390.69-0.24-0.120.250.68-0.29-0.060.190.470.33-0.740.470.420.49-0.170.750.480.140.490.520.62-0.570.490.68
0.640.78-0.260.030.410.77-0.580.00.420.680.51-0.830.680.470.64-0.250.840.490.420.520.650.89-0.680.650.68
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Sequoia Financial Account Relationship Matchups

Sequoia Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding121.5M132.5M135.0M135.5M132.4M139.0M
Total Assets101.3M142.4M135.9M135.7M79.4M44.5M
Other Current Liab27.3M(50.2M)(102.3M)717.9K14.1M14.8M
Total Current Liabilities5.0M6.5M8.4M7.6M18.0M18.9M
Total Stockholder Equity33.2M41.1M48.4M43.0M56.7M59.5M
Property Plant And Equipment Net4.5M3.7M3.0M2.5M598.7K1.1M
Net Debt(18.7M)(31.3M)(33.7M)(5.2M)(16.1M)(15.3M)
Retained Earnings(15.7M)(11.2M)(6.8M)(11.6M)4.5M4.8M
Accounts Payable690.8K45.0M41.1M1.9M553.7K526.0K
Cash23.0M34.6M36.6M9.4M16.8M8.4M
Non Current Assets Total28.8M31.9M38.8M34.5M41.2M43.3M
Non Currrent Assets Other(31.3M)(41.4M)(35.1M)(32.9M)2.2M2.3M
Cash And Short Term Investments23.0M34.6M36.6M9.4M16.8M8.7M
Net Receivables12.3M32.9M31.3M27.2M8.9M6.6M
Liabilities And Stockholders Equity101.3M142.4M135.9M135.7M79.4M46.1M
Other Stockholder Equity434.6K765.2K717.5K810.0K931.5K813.3K
Total Liab68.0M101.3M87.5M92.7M22.7M29.0M
Property Plant And Equipment Gross4.5M11.0M11.5M8.7M598.7K568.8K
Total Current Assets23.0M34.6M36.6M9.4M38.2M40.1M
Accumulated Other Comprehensive Income434.6K765.2K717.5K810.0K548.1K575.5K
Intangible Assets24.3M28.2M35.8M32.0M14.7M9.3M
Common Stock48.5M51.5M54.5M53.9M51.6M33.2M
Other Liab23.2M23.0M11.2M4.2M4.8M4.5M
Other Current Assets(35.2M)(67.5M)(67.9M)(36.6M)7.3M7.6M
Property Plant Equipment4.5M3.7M3.0M2.5M2.9M3.0M
Short Long Term Debt Total4.3M3.3M2.9M4.2M704.6K669.4K
Current Deferred Revenue12.6M10.6M8.9M4.5M3.3M4.8M
Good Will10.8M11.2M17.1M16.8M10.4M7.7M
Non Current Liabilities Total9.7M13.1M7.0M3.4M22.7M23.8M
Inventory6.9K37.3K30.5K46.4M5.1M5.1M
Short Term Debt1.3M1.1M1.4M495.6K(6.5M)(6.2M)
Other Assets49.5M75.9M60.4M91.9M(21.3M)(20.3M)
Short Term Investments443.8K1.8M1.6M1.5M5.1M5.4M
Net Tangible Assets8.9M12.9M12.6M11.1M12.7M13.4M
Long Term Investments110.5K113.6K78.5K586.6K10.7M11.2M
Short Long Term Debt662.4K317.3K490.8K495.6K446.0K423.7K
Deferred Long Term Liab5.8M3.3M2.8M1.0M917.0K871.1K
Long Term Debt Total2.9M2.2M1.5M2.7M3.1M1.8M

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