Sequans Total Current Liabilities vs Intangible Assets Analysis

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 Total Current Liabilities and its Intangible Assets 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.

Total Current Liabilities vs Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sequans Communications Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sequans Communications' Total Current Liabilities and Intangible Assets is 0.9. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets 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' Total Current Liabilities and Intangible 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 Sequans Communications SA are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Liabilities i.e., Sequans Communications' Total Current Liabilities and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

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

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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.
 2021 2022 2023 2024 (projected)
Interest Expense10.6M9.9M11.1M11.7M
Depreciation And Amortization10.4M12.0M11.9M12.5M

Sequans Communications fundamental ratios Correlations

0.460.760.490.020.470.440.270.020.40.150.650.180.150.450.570.480.210.480.23-0.170.520.630.460.40.62
0.460.630.85-0.810.10.740.97-0.390.53-0.690.86-0.12-0.690.590.950.740.59-0.070.19-0.120.90.73-0.430.760.87
0.760.630.49-0.40.390.740.56-0.350.48-0.310.680.21-0.310.640.70.770.60.150.380.130.750.690.060.30.65
0.490.850.49-0.530.110.530.79-0.10.57-0.490.9-0.06-0.50.490.870.380.11-0.04-0.06-0.310.650.77-0.30.970.9
0.02-0.81-0.4-0.530.08-0.75-0.890.67-0.470.86-0.460.240.86-0.44-0.69-0.65-0.740.38-0.28-0.24-0.83-0.320.68-0.42-0.47
0.470.10.390.110.080.310.0-0.180.160.190.190.370.190.050.190.220.190.60.420.190.180.140.440.010.13
0.440.740.740.53-0.750.310.69-0.610.44-0.450.530.01-0.450.370.670.660.76-0.220.430.270.880.41-0.190.340.51
0.270.970.560.79-0.890.00.69-0.420.52-0.860.79-0.14-0.860.60.910.750.6-0.20.2-0.080.870.67-0.620.70.8
0.02-0.39-0.35-0.10.67-0.18-0.61-0.42-0.470.40.020.060.4-0.45-0.35-0.41-0.720.08-0.37-0.86-0.590.130.140.070.03
0.40.530.480.57-0.470.160.440.52-0.47-0.390.42-0.18-0.390.610.610.360.290.230.270.310.620.32-0.040.430.41
0.15-0.69-0.31-0.490.860.19-0.45-0.860.4-0.39-0.480.131.0-0.49-0.63-0.6-0.510.4-0.18-0.02-0.64-0.420.87-0.43-0.5
0.650.860.680.9-0.460.190.530.790.020.42-0.480.08-0.480.520.910.630.260.090.0-0.440.680.95-0.270.851.0
0.18-0.120.21-0.060.240.370.01-0.140.06-0.180.130.080.130.12-0.09-0.04-0.090.05-0.10.04-0.110.170.15-0.070.04
0.15-0.69-0.31-0.50.860.19-0.45-0.860.4-0.391.0-0.480.13-0.49-0.63-0.6-0.510.4-0.18-0.02-0.64-0.420.87-0.43-0.5
0.450.590.640.49-0.440.050.370.6-0.450.61-0.490.520.12-0.490.630.560.40.070.10.250.620.53-0.130.380.52
0.570.950.70.87-0.690.190.670.91-0.350.61-0.630.91-0.09-0.630.630.760.510.090.23-0.10.850.79-0.320.760.9
0.480.740.770.38-0.650.220.660.75-0.410.36-0.60.63-0.04-0.60.560.760.840.130.460.040.820.62-0.30.220.62
0.210.590.60.11-0.740.190.760.6-0.720.29-0.510.26-0.09-0.510.40.510.84-0.040.580.430.770.19-0.23-0.080.24
0.48-0.070.15-0.040.380.6-0.22-0.20.080.230.40.090.050.40.070.090.13-0.040.160.0-0.080.110.6-0.080.05
0.230.190.38-0.06-0.280.420.430.2-0.370.27-0.180.0-0.1-0.180.10.230.460.580.160.320.4-0.130.17-0.2-0.02
-0.17-0.120.13-0.31-0.240.190.27-0.08-0.860.31-0.02-0.440.04-0.020.25-0.10.040.430.00.320.16-0.480.18-0.46-0.46
0.520.90.750.65-0.830.180.880.87-0.590.62-0.640.68-0.11-0.640.620.850.820.77-0.080.40.160.56-0.310.50.68
0.630.730.690.77-0.320.140.410.670.130.32-0.420.950.17-0.420.530.790.620.190.11-0.13-0.480.56-0.260.720.95
0.46-0.430.06-0.30.680.44-0.19-0.620.14-0.040.87-0.270.150.87-0.13-0.32-0.3-0.230.60.170.18-0.31-0.26-0.33-0.31
0.40.760.30.97-0.420.010.340.70.070.43-0.430.85-0.07-0.430.380.760.22-0.08-0.08-0.2-0.460.50.72-0.330.86
0.620.870.650.9-0.470.130.510.80.030.41-0.51.00.04-0.50.520.90.620.240.05-0.02-0.460.680.95-0.310.86
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Sequans Communications Account Relationship Matchups

Sequans Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets63.3M87.3M89.6M98.8M109.2M74.7M
Short Long Term Debt Total58.6M69.4M66.1M65.1M80.7M84.7M
Other Current Liab4.5M10.5M13.6M10.6M8.9M6.8M
Total Current Liabilities41.0M62.6M51.2M36.8M107.9M113.2M
Total Stockholder Equity(28.9M)(37.1M)(24.3M)2.1M(6.1M)(5.8M)
Current Deferred Revenue8.8M13.2M10.7M5.8M6.6M4.2M
Net Debt44.5M61.9M61.2M59.5M75.0M78.7M
Retained Earnings(308.1M)(363.2M)(383.5M)(65.1M)(93.4M)(98.0M)
Accounts Payable8.8M15.7M13.9M9.3M16.3M11.6M
Cash14.1M7.6M4.8M5.7M5.7M5.4M
Non Current Assets Total26.3M35.4M48.7M58.3M72.3M75.9M
Non Currrent Assets Other401K466K2.3M783K801K921.8K
Cash And Short Term Investments14.1M7.6M4.8M5.7M5.7M5.4M
Net Receivables13.6M17.6M27.5M19.0M23.4M18.9M
Common Stock Total Equity2.0M2.4M2.4M3.3M3.8M3.9M
Common Stock Shares Outstanding23.8M28.1M36.7M46.1M22.5M20.4M
Liabilities And Stockholders Equity63.3M87.3M89.6M98.8M109.2M74.7M
Non Current Liabilities Total51.2M61.8M62.6M59.8M7.1M6.7M
Inventory6.7M6.2M6.4M9.4M6.3M7.6M
Other Current Assets2.6M9.3M2.1M6.4M1.4M1.4M
Other Stockholder Equity233.1M323.2M355.6M2.4M14.6M13.8M
Total Liab92.2M124.4M113.9M96.7M115.2M62.7M
Total Current Assets37.0M52.0M40.9M40.4M36.9M35.1M
Accumulated Other Comprehensive Income43.7M46.7M57.2M62.9M69.8M73.3M
Short Term Debt18.9M23.2M12.6M11.0M76.1M79.9M
Intangible Assets16.7M25.3M38.0M48.7M64.3M67.5M
Common Stock2.4M3.3M3.7M2.3M2.9M2.0M
Other Liab20.8M28.8M22.9M14.1M16.2M10.4M
Long Term Debt36.1M39.4M36.4M49.7M2.9M2.8M
Net Tangible Assets(12.4M)(37.3M)(62.4M)(46.6M)(41.9M)(39.8M)
Other Assets9.4M466K2.3M783K900.5K855.4K
Long Term Investments353K337K335K386K360K307.6K
Short Long Term Debt17.6M24.2M9.5M11.9M74.6M78.4M
Short Term Investments347K0.010.9M5M5.8M6.0M
Deferred Long Term Liab5.0M9.0M13.5M29.4M33.8M35.5M

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