Sequoia Total Current Liabilities vs Total Assets 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 Total Current Liabilities and its Total Assets 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.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sequoia Financial Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Sequoia Financial's Total Current Liabilities and Total Assets is 0.11. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets 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 Total Current Liabilities and Total Assets 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 Sequoia Financial Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Sequoia Financial's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Sequoia Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sequoia Financial Group 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.

Total Assets

Total assets refers to the total amount of Sequoia Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sequoia Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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