MagnaChip Accounts Payable vs Cash And Short Term Investments Analysis

MX Stock

USD 5.04 0.08 1.56%

MagnaChip Semiconductor financial indicator trend analysis is infinitely more than just investigating MagnaChip Semiconductor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MagnaChip Semiconductor is a good investment. Please check the relationship between MagnaChip Semiconductor Accounts Payable and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MagnaChip Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MagnaChip Semiconductor Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between MagnaChip Semiconductor's Accounts Payable and Cash And Short Term Investments is -0.48. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of MagnaChip Semiconductor, assuming nothing else is changed. The correlation between historical values of MagnaChip Semiconductor's Accounts Payable and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of MagnaChip Semiconductor are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., MagnaChip Semiconductor's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents MagnaChip Semiconductor obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of MagnaChip Semiconductor are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of MagnaChip Semiconductor balance sheet. This account contains MagnaChip Semiconductor investments that will expire within one year. These investments include stocks and bonds that can be liquidated by MagnaChip Semiconductor fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from MagnaChip Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MagnaChip Semiconductor 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MagnaChip Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.At this time, MagnaChip Semiconductor's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.1 in 2024, whereas Tax Provision is likely to drop (2.2 M) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	153.5M	101.3M	48.2M	45.8M
Total Revenue	474.2M	337.7M	226.6M	215.3M

Gross Profit Total Revenue

MagnaChip Semiconductor fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.79	0.19	0.51	-0.09	0.89	0.27	0.7	-0.11	0.87	-0.25	0.93	0.65	-0.25	0.74	0.86	-0.08	0.71	0.65	-0.08	-0.31	0.71	0.81	0.34	0.1	0.88
Short Long Term Debt Total	0.79		0.11	0.72	-0.66	0.91	0.01	0.98	-0.68	0.9	-0.67	0.84	0.51	-0.67	0.79	0.79	-0.44	0.98	0.76	-0.1	-0.55	0.97	0.87	-0.08	0.05	0.81
Other Current Liab	0.19	0.11		0.27	-0.14	0.19	-0.33	0.1	-0.01	0.23	-0.04	0.1	0.01	-0.04	0.25	-0.13	-0.51	0.2	0.55	0.28	-0.49	0.22	0.01	0.27	0.71	-0.12
Total Current Liabilities	0.51	0.72	0.27		-0.65	0.56	0.2	0.67	-0.62	0.77	-0.36	0.46	0.01	-0.36	0.69	0.37	-0.48	0.72	0.63	-0.14	-0.58	0.8	0.43	0.07	0.49	0.39
Total Stockholder Equity	-0.09	-0.66	-0.14	-0.65		-0.4	0.3	-0.73	0.98	-0.44	0.78	-0.21	0.05	0.78	-0.47	-0.15	0.73	-0.75	-0.59	0.06	0.6	-0.77	-0.37	0.43	-0.2	-0.15
Property Plant And Equipment Net	0.89	0.91	0.19	0.56	-0.4		0.08	0.89	-0.41	0.89	-0.62	0.97	0.64	-0.62	0.66	0.9	-0.32	0.87	0.72	-0.08	-0.56	0.85	0.94	-0.05	0.11	0.9
Current Deferred Revenue	0.27	0.01	-0.33	0.2	0.3	0.08		-0.08	0.2	0.22	0.36	0.16	0.08	0.36	0.07	0.25	0.33	-0.06	-0.22	-0.15	0.33	-0.01	0.02	0.2	-0.05	0.27
Net Debt	0.7	0.98	0.1	0.67	-0.73	0.89	-0.08		-0.75	0.85	-0.81	0.81	0.48	-0.81	0.73	0.75	-0.53	0.98	0.76	-0.1	-0.6	0.96	0.88	-0.23	0.05	0.76
Retained Earnings	-0.11	-0.68	-0.01	-0.62	0.98	-0.41	0.2	-0.75		-0.45	0.78	-0.24	0.01	0.77	-0.48	-0.22	0.68	-0.76	-0.52	0.15	0.5	-0.77	-0.4	0.45	-0.05	-0.22
Accounts Payable	0.87	0.9	0.23	0.77	-0.44	0.89	0.22	0.85	-0.45		-0.48	0.84	0.51	-0.48	0.84	0.76	-0.35	0.86	0.76	0.0	-0.48	0.88	0.81	0.13	0.2	0.79
Cash	-0.25	-0.67	-0.04	-0.36	0.78	-0.62	0.36	-0.81	0.78	-0.48		-0.51	-0.27	1.0	-0.36	-0.44	0.67	-0.73	-0.56	0.08	0.57	-0.69	-0.68	0.62	-0.02	-0.44
Non Current Assets Total	0.93	0.84	0.1	0.46	-0.21	0.97	0.16	0.81	-0.24	0.84	-0.51		0.69	-0.51	0.6	0.95	-0.17	0.76	0.6	-0.11	-0.44	0.74	0.95	0.0	0.01	0.96
Non Currrent Assets Other	0.65	0.51	0.01	0.01	0.05	0.64	0.08	0.48	0.01	0.51	-0.27	0.69		-0.27	0.41	0.69	-0.16	0.43	0.3	0.15	-0.11	0.38	0.68	0.06	-0.28	0.71
Cash And Short Term Investments	-0.25	-0.67	-0.04	-0.36	0.78	-0.62	0.36	-0.81	0.77	-0.48	1.0	-0.51	-0.27		-0.36	-0.44	0.67	-0.73	-0.56	0.08	0.57	-0.69	-0.68	0.62	-0.02	-0.44
Net Receivables	0.74	0.79	0.25	0.69	-0.47	0.66	0.07	0.73	-0.48	0.84	-0.36	0.6	0.41	-0.36		0.49	-0.44	0.81	0.82	-0.11	-0.24	0.82	0.57	0.37	0.18	0.54
Common Stock Total Equity	0.86	0.79	-0.13	0.37	-0.15	0.9	0.25	0.75	-0.22	0.76	-0.44	0.95	0.69	-0.44	0.49		-0.02	0.68	0.38	-0.19	-0.31	0.65	0.94	-0.09	-0.23	1.0
Common Stock Shares Outstanding	-0.08	-0.44	-0.51	-0.48	0.73	-0.32	0.33	-0.53	0.68	-0.35	0.67	-0.17	-0.16	0.67	-0.44	-0.02		-0.57	-0.6	0.01	0.54	-0.57	-0.28	0.31	-0.42	-0.03
Non Current Liabilities Total	0.71	0.98	0.2	0.72	-0.75	0.87	-0.06	0.98	-0.76	0.86	-0.73	0.76	0.43	-0.73	0.81	0.68	-0.57		0.83	-0.07	-0.59	0.99	0.81	-0.12	0.15	0.7
Inventory	0.65	0.76	0.55	0.63	-0.59	0.72	-0.22	0.76	-0.52	0.76	-0.56	0.6	0.3	-0.56	0.82	0.38	-0.6	0.83		0.12	-0.57	0.83	0.56	0.21	0.5	0.42
Other Current Assets	-0.08	-0.1	0.28	-0.14	0.06	-0.08	-0.15	-0.1	0.15	0.0	0.08	-0.11	0.15	0.08	-0.11	-0.19	0.01	-0.07	0.12		-0.26	-0.09	-0.11	0.04	0.21	-0.17
Other Stockholder Equity	-0.31	-0.55	-0.49	-0.58	0.6	-0.56	0.33	-0.6	0.5	-0.48	0.57	-0.44	-0.11	0.57	-0.24	-0.31	0.54	-0.59	-0.57	-0.26		-0.62	-0.46	0.3	-0.52	-0.29
Total Liab	0.71	0.97	0.22	0.8	-0.77	0.85	-0.01	0.96	-0.77	0.88	-0.69	0.74	0.38	-0.69	0.82	0.65	-0.57	0.99	0.83	-0.09	-0.62		0.77	-0.09	0.21	0.67
Property Plant And Equipment Gross	0.81	0.87	0.01	0.43	-0.37	0.94	0.02	0.88	-0.4	0.81	-0.68	0.95	0.68	-0.68	0.57	0.94	-0.28	0.81	0.56	-0.11	-0.46	0.77		-0.23	-0.11	0.94
Total Current Assets	0.34	-0.08	0.27	0.07	0.43	-0.05	0.2	-0.23	0.45	0.13	0.62	0.0	0.06	0.62	0.37	-0.09	0.31	-0.12	0.21	0.04	0.3	-0.09	-0.23		0.17	-0.05
Short Term Debt	0.1	0.05	0.71	0.49	-0.2	0.11	-0.05	0.05	-0.05	0.2	-0.02	0.01	-0.28	-0.02	0.18	-0.23	-0.42	0.15	0.5	0.21	-0.52	0.21	-0.11	0.17		-0.21
Intangible Assets	0.88	0.81	-0.12	0.39	-0.15	0.9	0.27	0.76	-0.22	0.79	-0.44	0.96	0.71	-0.44	0.54	1.0	-0.03	0.7	0.42	-0.17	-0.29	0.67	0.94	-0.05	-0.21

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MagnaChip Semiconductor Account Relationship Matchups

MagnaChip Semiconductor fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	595.3M	571.7M	583.7M	516.6M	420.5M	501.8M
Short Long Term Debt Total	316.2M	88.1M	4.3M	5.5M	5.4M	5.1M
Other Current Liab	69.5M	4.6M	7.4M	(10.5M)	18.9M	18.3M
Total Current Liabilities	133.8M	173.6M	85.5M	47.2M	46.9M	44.5M
Total Stockholder Equity	(15.0M)	345.6M	452.8M	428.2M	344.6M	361.8M
Property Plant And Equipment Net	194.1M	101.0M	112.2M	116.0M	104.8M	180.4M
Current Deferred Revenue	1.4M	31.2M	38.2M	38.3M	1.5M	1.4M
Net Debt	164.6M	(191.8M)	(275.3M)	(220.0M)	(152.7M)	(145.1M)
Retained Earnings	(58.1M)	286.8M	343.5M	335.5M	298.9M	313.8M
Accounts Payable	60.9M	52.2M	37.6M	18.0M	24.4M	23.2M
Cash	151.7M	279.9M	279.5M	225.5M	158.1M	149.7M
Non Current Assets Total	216.0M	162.1M	174.5M	178.8M	175.1M	246.4M
Non Currrent Assets Other	17.9M	9.7M	10.7M	22.5M	17.9M	18.3M
Cash And Short Term Investments	151.7M	279.9M	279.5M	225.5M	158.1M	148.6M
Net Receivables	123.0M	68.7M	76.8M	43.2M	36.9M	35.1M
Common Stock Total Equity	439K	450K	559K	564K	507.6K	482.2K
Common Stock Shares Outstanding	34.3M	46.5M	47.7M	44.9M	41.0M	43.7M
Liabilities And Stockholders Equity	595.3M	571.7M	583.7M	516.6M	420.5M	501.8M
Non Current Liabilities Total	476.5M	52.5M	45.4M	41.2M	29.0M	27.6M
Inventory	73.3M	39.0M	39.4M	39.9M	36.6M	51.1M
Other Current Assets	9.4M	9.3M	2.6M	15.8M	13.8M	8.7M
Other Stockholder Equity	45.4M	54.6M	110.9M	104.6M	59.8M	50.7M
Total Liab	610.3M	226.1M	130.9M	88.5M	75.9M	72.1M
Property Plant And Equipment Gross	194.1M	101.0M	112.2M	116.0M	220.7M	174.6M
Total Current Assets	379.4M	409.6M	409.1M	337.9M	245.4M	352.0M
Accumulated Other Comprehensive Income	(2.7M)	3.7M	(2.2M)	(12.6M)	(14.7M)	(13.9M)
Short Term Debt	2.0M	85.7M	2.3M	1.4M	2.1M	2.0M
Intangible Assets	4.0M	2.7M	2.4M	1.9M	1.5M	1.5M
Common Stock	439K	450K	559K	564K	569K	540.6K
Other Liab	160.3M	50.1M	43.5M	37.1M	33.4M	31.7M
Other Assets	17.9M	63.0M	60M	60.9M	70.0M	40.4M
Property Plant Equipment	182.6M	96.4M	112.2M	110.7M	99.7M	156.6M
Retained Earnings Total Equity	(58.1M)	286.8M	343.5M	335.5M	385.8M	405.1M
Treasury Stock	(107.0M)	(108.4M)	(130.3M)	(161.4M)	(145.3M)	(152.5M)
Net Tangible Assets	(19.0M)	342.9M	450.4M	426.2M	490.2M	514.7M
Long Term Debt Total	306.7M	153K	73K	63K	56.7K	53.9K
Capital Surpluse	152.4M	163.0M	241.2M	266.1M	306.0M	180.2M

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When determining whether MagnaChip Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MagnaChip Semiconductor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnachip Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnachip Semiconductor Stock:

How To Invest In MagnaChip

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Is MagnaChip Stock a good investment?

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What is MagnaChip Semiconductor's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MagnaChip Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.

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When running MagnaChip Semiconductor's price analysis, check to measure MagnaChip Semiconductor'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 MagnaChip Semiconductor is operating at the current time. Most of MagnaChip Semiconductor's value examination focuses on studying past and present price action to predict the probability of MagnaChip Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MagnaChip Semiconductor's price. Additionally, you may evaluate how the addition of MagnaChip Semiconductor to your portfolios can decrease your overall portfolio volatility.

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Is MagnaChip Semiconductor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MagnaChip Semiconductor. If investors know MagnaChip will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MagnaChip Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.95)

Earnings Share

(0.80)

Revenue Per Share

5.581

Quarterly Revenue Growth

(0.14)

Return On Assets

(0.07)

The market value of MagnaChip Semiconductor is measured differently than its book value, which is the value of MagnaChip that is recorded on the company's balance sheet. Investors also form their own opinion of MagnaChip Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is MagnaChip Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MagnaChip Semiconductor's market value can be influenced by many factors that don't directly affect MagnaChip Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between MagnaChip Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagnaChip Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagnaChip Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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MagnaChip Accounts Payable vs Cash And Short Term Investments Analysis

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Accounts Payable

Cash And Short Term Investments

MagnaChip Semiconductor fundamental ratios Correlations

MagnaChip Semiconductor Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MagnaChip Semiconductor fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Non Current Liabilities Total
Net Debt	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Retained Earnings	+ 0.98	Total Stockholder Equity

Cash And Short Term Investments	- 0.81	Net Debt
Cash	- 0.81	Net Debt
Total Liab	- 0.77	Retained Earnings
Total Liab	- 0.77	Total Stockholder Equity
Non Current Liabilities Total	- 0.76	Retained Earnings
Retained Earnings	- 0.75	Net Debt