MagnaChip Non Current Liabilities Total vs Intangible Assets 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 Non Current Liabilities Total and its Intangible Assets 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.

Non Current Liabilities Total vs Intangible Assets

Non Current Liabilities Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MagnaChip Semiconductor Non Current Liabilities Total account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between MagnaChip Semiconductor's Non Current Liabilities Total and Intangible Assets is 0.7. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Intangible Assets 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 Non Current Liabilities Total 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 Non Current Liabilities Total of MagnaChip Semiconductor 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 Non Current Liabilities Total i.e., MagnaChip Semiconductor's Non Current Liabilities Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Profit153.5M101.3M48.2M45.8M
Total Revenue474.2M337.7M226.6M215.3M

MagnaChip Semiconductor fundamental ratios Correlations

0.790.190.51-0.090.890.270.7-0.110.87-0.250.930.65-0.250.740.86-0.080.710.65-0.08-0.310.710.810.340.10.88
0.790.110.72-0.660.910.010.98-0.680.9-0.670.840.51-0.670.790.79-0.440.980.76-0.1-0.550.970.87-0.080.050.81
0.190.110.27-0.140.19-0.330.1-0.010.23-0.040.10.01-0.040.25-0.13-0.510.20.550.28-0.490.220.010.270.71-0.12
0.510.720.27-0.650.560.20.67-0.620.77-0.360.460.01-0.360.690.37-0.480.720.63-0.14-0.580.80.430.070.490.39
-0.09-0.66-0.14-0.65-0.40.3-0.730.98-0.440.78-0.210.050.78-0.47-0.150.73-0.75-0.590.060.6-0.77-0.370.43-0.2-0.15
0.890.910.190.56-0.40.080.89-0.410.89-0.620.970.64-0.620.660.9-0.320.870.72-0.08-0.560.850.94-0.050.110.9
0.270.01-0.330.20.30.08-0.080.20.220.360.160.080.360.070.250.33-0.06-0.22-0.150.33-0.010.020.2-0.050.27
0.70.980.10.67-0.730.89-0.08-0.750.85-0.810.810.48-0.810.730.75-0.530.980.76-0.1-0.60.960.88-0.230.050.76
-0.11-0.68-0.01-0.620.98-0.410.2-0.75-0.450.78-0.240.010.77-0.48-0.220.68-0.76-0.520.150.5-0.77-0.40.45-0.05-0.22
0.870.90.230.77-0.440.890.220.85-0.45-0.480.840.51-0.480.840.76-0.350.860.760.0-0.480.880.810.130.20.79
-0.25-0.67-0.04-0.360.78-0.620.36-0.810.78-0.48-0.51-0.271.0-0.36-0.440.67-0.73-0.560.080.57-0.69-0.680.62-0.02-0.44
0.930.840.10.46-0.210.970.160.81-0.240.84-0.510.69-0.510.60.95-0.170.760.6-0.11-0.440.740.950.00.010.96
0.650.510.010.010.050.640.080.480.010.51-0.270.69-0.270.410.69-0.160.430.30.15-0.110.380.680.06-0.280.71
-0.25-0.67-0.04-0.360.78-0.620.36-0.810.77-0.481.0-0.51-0.27-0.36-0.440.67-0.73-0.560.080.57-0.69-0.680.62-0.02-0.44
0.740.790.250.69-0.470.660.070.73-0.480.84-0.360.60.41-0.360.49-0.440.810.82-0.11-0.240.820.570.370.180.54
0.860.79-0.130.37-0.150.90.250.75-0.220.76-0.440.950.69-0.440.49-0.020.680.38-0.19-0.310.650.94-0.09-0.231.0
-0.08-0.44-0.51-0.480.73-0.320.33-0.530.68-0.350.67-0.17-0.160.67-0.44-0.02-0.57-0.60.010.54-0.57-0.280.31-0.42-0.03
0.710.980.20.72-0.750.87-0.060.98-0.760.86-0.730.760.43-0.730.810.68-0.570.83-0.07-0.590.990.81-0.120.150.7
0.650.760.550.63-0.590.72-0.220.76-0.520.76-0.560.60.3-0.560.820.38-0.60.830.12-0.570.830.560.210.50.42
-0.08-0.10.28-0.140.06-0.08-0.15-0.10.150.00.08-0.110.150.08-0.11-0.190.01-0.070.12-0.26-0.09-0.110.040.21-0.17
-0.31-0.55-0.49-0.580.6-0.560.33-0.60.5-0.480.57-0.44-0.110.57-0.24-0.310.54-0.59-0.57-0.26-0.62-0.460.3-0.52-0.29
0.710.970.220.8-0.770.85-0.010.96-0.770.88-0.690.740.38-0.690.820.65-0.570.990.83-0.09-0.620.77-0.090.210.67
0.810.870.010.43-0.370.940.020.88-0.40.81-0.680.950.68-0.680.570.94-0.280.810.56-0.11-0.460.77-0.23-0.110.94
0.34-0.080.270.070.43-0.050.2-0.230.450.130.620.00.060.620.37-0.090.31-0.120.210.040.3-0.09-0.230.17-0.05
0.10.050.710.49-0.20.11-0.050.05-0.050.2-0.020.01-0.28-0.020.18-0.23-0.420.150.50.21-0.520.21-0.110.17-0.21
0.880.81-0.120.39-0.150.90.270.76-0.220.79-0.440.960.71-0.440.541.0-0.030.70.42-0.17-0.290.670.94-0.05-0.21
Click cells to compare fundamentals

MagnaChip Semiconductor Account Relationship Matchups

MagnaChip Semiconductor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets595.3M571.7M583.7M516.6M420.5M501.8M
Short Long Term Debt Total316.2M88.1M4.3M5.5M5.4M5.1M
Other Current Liab69.5M4.6M7.4M(10.5M)18.9M18.3M
Total Current Liabilities133.8M173.6M85.5M47.2M46.9M44.5M
Total Stockholder Equity(15.0M)345.6M452.8M428.2M344.6M361.8M
Property Plant And Equipment Net194.1M101.0M112.2M116.0M104.8M180.4M
Current Deferred Revenue1.4M31.2M38.2M38.3M1.5M1.4M
Net Debt164.6M(191.8M)(275.3M)(220.0M)(152.7M)(145.1M)
Retained Earnings(58.1M)286.8M343.5M335.5M298.9M313.8M
Accounts Payable60.9M52.2M37.6M18.0M24.4M23.2M
Cash151.7M279.9M279.5M225.5M158.1M149.7M
Non Current Assets Total216.0M162.1M174.5M178.8M175.1M246.4M
Non Currrent Assets Other17.9M9.7M10.7M22.5M17.9M18.3M
Cash And Short Term Investments151.7M279.9M279.5M225.5M158.1M148.6M
Net Receivables123.0M68.7M76.8M43.2M36.9M35.1M
Common Stock Total Equity439K450K559K564K507.6K482.2K
Common Stock Shares Outstanding34.3M46.5M47.7M44.9M41.0M43.7M
Liabilities And Stockholders Equity595.3M571.7M583.7M516.6M420.5M501.8M
Non Current Liabilities Total476.5M52.5M45.4M41.2M29.0M27.6M
Inventory73.3M39.0M39.4M39.9M36.6M51.1M
Other Current Assets9.4M9.3M2.6M15.8M13.8M8.7M
Other Stockholder Equity45.4M54.6M110.9M104.6M59.8M50.7M
Total Liab610.3M226.1M130.9M88.5M75.9M72.1M
Property Plant And Equipment Gross194.1M101.0M112.2M116.0M220.7M174.6M
Total Current Assets379.4M409.6M409.1M337.9M245.4M352.0M
Accumulated Other Comprehensive Income(2.7M)3.7M(2.2M)(12.6M)(14.7M)(13.9M)
Short Term Debt2.0M85.7M2.3M1.4M2.1M2.0M
Intangible Assets4.0M2.7M2.4M1.9M1.5M1.5M
Common Stock439K450K559K564K569K540.6K
Other Liab160.3M50.1M43.5M37.1M33.4M31.7M
Other Assets17.9M63.0M60M60.9M70.0M40.4M
Property Plant Equipment182.6M96.4M112.2M110.7M99.7M156.6M
Retained Earnings Total Equity(58.1M)286.8M343.5M335.5M385.8M405.1M
Treasury Stock(107.0M)(108.4M)(130.3M)(161.4M)(145.3M)(152.5M)
Net Tangible Assets(19.0M)342.9M450.4M426.2M490.2M514.7M
Long Term Debt Total306.7M153K73K63K56.7K53.9K
Capital Surpluse152.4M163.0M241.2M266.1M306.0M180.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
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.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for MagnaChip Stock analysis

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.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
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.