SQNS Stock | | | USD 2.89 0.04 1.40% |
Sequans Communications financial indicator trend analysis is much more than just breaking down Sequans Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sequans Communications is a good investment. Please check the relationship between Sequans Communications Cash and its Common Stock Shares Outstanding accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sequans Communications SA. 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.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sequans Communications Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sequans Communications' Cash and Common Stock Shares Outstanding is -0.6. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Sequans Communications SA, assuming nothing else is changed. The correlation between historical values of Sequans Communications' Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Sequans Communications SA are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Sequans Communications' Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Sequans Communications, which is listed under current asset account on Sequans Communications SA balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sequans Communications customers. The amounts must be unrestricted with restricted cash listed in a different Sequans Communications account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Sequans Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sequans Communications 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 Sequans Communications SA. 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, Sequans Communications'
Tax Provision is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 26.6
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(15.47) in 2024.
Sequans Communications fundamental ratios Correlations
Click cells to compare fundamentals
Sequans Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sequans Communications fundamental ratios Accounts
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Additional Tools for Sequans Stock Analysis
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