Seer Total Stockholder Equity vs Net Working Capital Analysis

SEER Stock

USD 2.47 0.03 1.20%

Seer financial indicator trend analysis is much more than just breaking down Seer Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seer Inc is a good investment. Please check the relationship between Seer Total Stockholder Equity and its Net Working Capital accounts. 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.

Total Stockholder Equity vs Net Working Capital

Total Stockholder Equity vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seer Inc Total Stockholder Equity account and Net Working Capital. At this time, the significance of the direction appears to have totally related.

The correlation between Seer's Total Stockholder Equity and Net Working Capital is 0.99. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Seer Inc, assuming nothing else is changed. The correlation between historical values of Seer's Total Stockholder Equity and Net Working Capital 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 Stockholder Equity of Seer Inc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Stockholder Equity i.e., Seer's Total Stockholder Equity and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Net Working Capital

Most indicators from Seer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.

As of 11/29/2024, Selling General Administrative is likely to drop to about 34.4 M. Issuance Of Capital Stock is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Interest Income	326K	4.6M	15.5M	16.3M
Net Interest Income	304K	4.6M	15.5M	16.3M

Interest Income Net Interest Income

Seer fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Non Current Liabilities Other
Total Assets		0.99	0.96	1.0	0.39	0.99	0.87	-0.5	-0.8	-0.11	0.61	0.83	0.88	0.49	0.99	0.82	0.89	0.88	0.87	0.98	0.91	1.0	0.81	0.99	-0.69	0.66
Other Current Liab	0.99		0.96	0.99	0.42	0.97	0.88	-0.45	-0.83	-0.22	0.56	0.85	0.91	0.46	0.97	0.84	0.94	0.88	0.89	0.98	0.91	0.97	0.83	0.98	-0.61	0.62
Total Current Liabilities	0.96	0.96		0.96	0.17	0.97	0.96	-0.3	-0.88	-0.08	0.43	0.92	0.96	0.5	0.92	0.93	0.84	0.96	0.96	0.99	0.98	0.96	0.89	0.93	-0.71	0.68
Total Stockholder Equity	1.0	0.99	0.96		0.41	0.98	0.85	-0.53	-0.79	-0.1	0.64	0.82	0.87	0.49	0.99	0.81	0.89	0.86	0.85	0.98	0.89	1.0	0.79	0.99	-0.69	0.65
Other Liab	0.39	0.42	0.17	0.41		0.34	0.03	-0.68	-0.04	-0.47	0.67	-0.01	0.12	-0.02	0.48	-0.04	0.59	0.0	0.02	0.28	0.05	0.37	0.0	0.47	0.1	-0.02
Net Tangible Assets	0.99	0.97	0.97	0.98	0.34		0.88	-0.49	-0.81	-0.09	0.6	0.84	0.89	0.45	0.97	0.84	0.85	0.88	0.88	0.99	0.91	0.99	0.8	0.97	-0.75	0.61
Property Plant And Equipment Net	0.87	0.88	0.96	0.85	0.03	0.88		-0.05	-0.92	-0.21	0.18	0.88	0.99	0.34	0.82	0.99	0.79	0.99	0.94	0.93	0.99	0.85	0.92	0.83	-0.61	0.67
Net Debt	-0.5	-0.45	-0.3	-0.53	-0.68	-0.49	-0.05		-0.06	-0.28	-0.99	-0.2	-0.07	-0.46	-0.56	0.04	-0.37	-0.07	-0.16	-0.39	-0.13	-0.54	0.06	-0.55	0.37	-0.23
Retained Earnings	-0.8	-0.83	-0.88	-0.79	-0.04	-0.81	-0.92	-0.06		0.38	-0.07	-0.78	-0.93	-0.14	-0.75	-0.9	-0.77	-0.89	-0.84	-0.86	-0.89	-0.78	-0.99	-0.76	0.62	-0.4
Accounts Payable	-0.11	-0.22	-0.08	-0.1	-0.47	-0.09	-0.21	-0.28	0.38		0.26	0.05	-0.3	0.56	-0.14	-0.21	-0.48	-0.13	-0.04	-0.14	-0.12	-0.04	-0.32	-0.14	-0.34	0.28
Cash	0.61	0.56	0.43	0.64	0.67	0.6	0.18	-0.99	-0.07	0.26		0.32	0.2	0.51	0.67	0.1	0.47	0.2	0.29	0.51	0.26	0.64	0.07	0.66	-0.46	0.32
Non Current Assets Total	0.83	0.85	0.92	0.82	-0.01	0.84	0.88	-0.2	-0.78	0.05	0.32		0.87	0.69	0.74	0.84	0.71	0.9	0.99	0.86	0.91	0.82	0.81	0.75	-0.58	0.6
Non Currrent Assets Other	0.88	0.91	0.96	0.87	0.12	0.89	0.99	-0.07	-0.93	-0.3	0.2	0.87		0.32	0.83	0.98	0.84	0.98	0.93	0.93	0.98	0.86	0.93	0.84	-0.57	0.63
Other Assets	0.49	0.46	0.5	0.49	-0.02	0.45	0.34	-0.46	-0.14	0.56	0.51	0.69	0.32		0.41	0.29	0.32	0.42	0.61	0.41	0.45	0.48	0.22	0.42	-0.29	0.59
Cash And Short Term Investments	0.99	0.97	0.92	0.99	0.48	0.97	0.82	-0.56	-0.75	-0.14	0.67	0.74	0.83	0.41		0.77	0.89	0.82	0.79	0.96	0.85	0.99	0.75	1.0	-0.68	0.64
Net Receivables	0.82	0.84	0.93	0.81	-0.04	0.84	0.99	0.04	-0.9	-0.21	0.1	0.84	0.98	0.29	0.77		0.74	0.99	0.91	0.89	0.98	0.81	0.91	0.78	-0.6	0.68
Common Stock Shares Outstanding	0.89	0.94	0.84	0.89	0.59	0.85	0.79	-0.37	-0.77	-0.48	0.47	0.71	0.84	0.32	0.89	0.74		0.77	0.77	0.86	0.8	0.85	0.77	0.89	-0.33	0.49
Non Current Liabilities Total	0.88	0.88	0.96	0.86	0.0	0.88	0.99	-0.07	-0.89	-0.13	0.2	0.9	0.98	0.42	0.82	0.99	0.77		0.95	0.92	1.0	0.86	0.9	0.83	-0.62	0.73
Other Current Assets	0.87	0.89	0.96	0.85	0.02	0.88	0.94	-0.16	-0.84	-0.04	0.29	0.99	0.93	0.61	0.79	0.91	0.77	0.95		0.9	0.96	0.85	0.87	0.8	-0.59	0.64
Other Stockholder Equity	0.98	0.98	0.99	0.98	0.28	0.99	0.93	-0.39	-0.86	-0.14	0.51	0.86	0.93	0.41	0.96	0.89	0.86	0.92	0.9		0.95	0.98	0.86	0.97	-0.74	0.64
Total Liab	0.91	0.91	0.98	0.89	0.05	0.91	0.99	-0.13	-0.89	-0.12	0.26	0.91	0.98	0.45	0.85	0.98	0.8	1.0	0.96	0.95		0.89	0.91	0.86	-0.65	0.72
Net Invested Capital	1.0	0.97	0.96	1.0	0.37	0.99	0.85	-0.54	-0.78	-0.04	0.64	0.82	0.86	0.48	0.99	0.81	0.85	0.86	0.85	0.98	0.89		0.79	0.99	-0.75	0.65
Property Plant And Equipment Gross	0.81	0.83	0.89	0.79	0.0	0.8	0.92	0.06	-0.99	-0.32	0.07	0.81	0.93	0.22	0.75	0.91	0.77	0.9	0.87	0.86	0.91	0.79		0.76	-0.62	0.44
Total Current Assets	0.99	0.98	0.93	0.99	0.47	0.97	0.83	-0.55	-0.76	-0.14	0.66	0.75	0.84	0.42	1.0	0.78	0.89	0.83	0.8	0.97	0.86	0.99	0.76		-0.69	0.64
Capital Stock	-0.69	-0.61	-0.71	-0.69	0.1	-0.75	-0.61	0.37	0.62	-0.34	-0.46	-0.58	-0.57	-0.29	-0.68	-0.6	-0.33	-0.62	-0.59	-0.74	-0.65	-0.75	-0.62	-0.69		-0.42
Non Current Liabilities Other	0.66	0.62	0.68	0.65	-0.02	0.61	0.67	-0.23	-0.4	0.28	0.32	0.6	0.63	0.59	0.64	0.68	0.49	0.73	0.64	0.64	0.72	0.65	0.44	0.64	-0.42

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Seer Account Relationship Matchups

Seer fundamental ratios 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

0.91	VALN	Valneva SE ADR	Pair Corr
0.81	DRRX	Durect	Pair Corr
0.79	ME	23Andme Holding Upward Rally	Pair Corr
0.73	DRMA	Dermata Therapeutics	Pair Corr
0.57	DNTH	Dianthus Therapeutics	Pair Corr

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.

Pair Correlation Correlation Matching

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.

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