Seer Historical Balance Sheet
SEER Stock | USD 2.47 0.06 2.37% |
Trend analysis of Seer Inc balance sheet accounts such as Other Liabilities of 273.6 K, Net Tangible Assets of 298.2 M, Property Plant And Equipment Net of 26.3 M or Accounts Payable of 1.7 M provides information on Seer's total assets, liabilities, and equity, which is the actual value of Seer Inc to its prevalent stockholders. By breaking down trends over time using Seer balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Seer Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Seer Inc is a good buy for the upcoming year.
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About Seer Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Seer Inc at a specified time, usually calculated after every quarter, six months, or one year. Seer Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Seer and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Seer currently owns. An asset can also be divided into two categories, current and non-current.
Seer Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Seer 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 Seer Inc 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.Total Current Liabilities
Total Current Liabilities is an item on Seer balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Seer Inc 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 Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Seer's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Seer Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Seer Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Seer's Accounts Payable is relatively stable compared to the past year. As of 12/05/2024, Property Plant And Equipment Gross is likely to grow to about 62.9 M, while Total Assets are likely to drop slightly above 372.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 7.1M | 6.3M | 6.6M | 5.4M | Total Assets | 539.1M | 487.9M | 436.3M | 372.6M |
Seer balance sheet Correlations
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Seer Account Relationship Matchups
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Seer balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 93.2M | 442.3M | 539.1M | 487.9M | 436.3M | 372.6M | |
Other Current Liab | 2.9M | 5.7M | 7.1M | 6.3M | 6.6M | 5.4M | |
Total Current Liabilities | 3.8M | 8.1M | 13.4M | 12.6M | 13.2M | 10.1M | |
Total Stockholder Equity | 87.7M | 431.6M | 502.9M | 447.0M | 396.9M | 347.6M | |
Other Liab | 1.7M | 2.6M | 341K | 320K | 288K | 273.6K | |
Net Tangible Assets | (20.3M) | 431.6M | 502.9M | 447.0M | 514.0M | 298.2M | |
Property Plant And Equipment Net | 5.7M | 8.4M | 33.2M | 46.4M | 47.4M | 26.3M | |
Net Debt | (17.5M) | (333.6M) | (209.5M) | (23.3M) | (4.2M) | (4.5M) | |
Retained Earnings | (22.6M) | (55.4M) | (126.5M) | (219.5M) | (305.8M) | (290.5M) | |
Accounts Payable | 701K | 2.1M | 3.8M | 2.1M | 1.4M | 1.7M | |
Cash | 17.5M | 333.6M | 232.8M | 53.2M | 32.5M | 30.9M | |
Non Current Assets Total | 6.4M | 9.2M | 127.4M | 52.9M | 105.8M | 55.8M | |
Non Currrent Assets Other | 400K | 407K | 1.0M | 1.4M | 1.5M | 891.6K | |
Other Assets | 743K | 750K | 539.1M | 1.4M | 1.6M | 1.5M | |
Cash And Short Term Investments | 86.0M | 431.9M | 400.1M | 421.2M | 316.2M | 309.2M | |
Net Receivables | 326K | 262K | 4.1M | 7.0M | 6.7M | 3.4M | |
Short Term Investments | 68.5M | 98.3M | 167.3M | 368.0M | 283.7M | 180.7M | |
Liabilities And Stockholders Equity | 93.2M | 442.3M | 539.1M | 487.9M | 436.3M | 372.6M | |
Non Current Liabilities Total | 1.7M | 2.6M | 22.8M | 28.4M | 26.1M | 15.0M | |
Other Current Assets | 460K | 452K | 3.3M | 2.1M | 3.1M | 1.8M | |
Other Stockholder Equity | 2.3M | 486.9M | 630.0M | 667.7M | 702.9M | 456.6M | |
Total Liab | 5.6M | 10.7M | 36.2M | 40.9M | 39.4M | 25.0M | |
Net Invested Capital | (20.3M) | 431.6M | 502.9M | 447.0M | 396.9M | 321.3M | |
Property Plant And Equipment Gross | 5.7M | 8.4M | 33.2M | 46.4M | 59.9M | 62.9M | |
Total Current Assets | 86.8M | 433.1M | 411.7M | 435.0M | 330.5M | 316.9M | |
Accumulated Other Comprehensive Income | 24K | 54K | (536K) | (1.3M) | (192K) | (201.6K) | |
Non Current Liabilities Other | 69K | 717K | 22.8M | 28.4M | 179K | 170.1K | |
Net Working Capital | 83.0M | 425.0M | 398.3M | 422.4M | 317.3M | 306.8M | |
Property Plant Equipment | 5.7M | 8.4M | 33.2M | 19.4M | 22.3M | 15.2M |
Pair Trading with Seer
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 Seer 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 Seer will appreciate offsetting losses from the drop in the long position's value.Moving against Seer Stock
0.94 | VALN | Valneva SE ADR | PairCorr |
0.85 | DRRX | Durect | PairCorr |
0.81 | ME | 23Andme Holding | PairCorr |
0.72 | DOMH | Dominari Holdings | PairCorr |
0.71 | DRMA | Dermata Therapeutics | PairCorr |
The ability to find closely correlated positions to Seer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seer 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 Seer - 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 Seer Inc to buy it.
The correlation of Seer 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 Seer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seer Inc 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 Seer 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 Seer Stock Analysis
When running Seer's price analysis, check to measure Seer'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 Seer is operating at the current time. Most of Seer's value examination focuses on studying past and present price action to predict the probability of Seer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seer's price. Additionally, you may evaluate how the addition of Seer to your portfolios can decrease your overall portfolio volatility.