MagnaChip Property Plant And Equipment Gross vs Total Current Assets Analysis

MX Stock  USD 4.95  0.01  0.20%   
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 Property Plant And Equipment Gross and its Total Current 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.

Property Plant And Equipment Gross vs Total Current Assets

Property Plant And Equipment Gross vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MagnaChip Semiconductor Property Plant And Equipment Gross account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MagnaChip Semiconductor's Property Plant And Equipment Gross and Total Current Assets is -0.23. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Current 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 Property Plant And Equipment Gross and Total Current 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 Property Plant And Equipment Gross of MagnaChip Semiconductor are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Gross i.e., MagnaChip Semiconductor's Property Plant And Equipment Gross and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Gross

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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

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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:
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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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.