MagnaChip Total Current Liabilities vs Current Deferred Revenue 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 Total Current Liabilities and its Current Deferred Revenue 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.
Total Current Liabilities vs Current Deferred Revenue
Total Current Liabilities vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MagnaChip Semiconductor Total Current Liabilities account and Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between MagnaChip Semiconductor's Total Current Liabilities and Current Deferred Revenue is 0.2. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Current Deferred Revenue 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 Total Current Liabilities and Current Deferred Revenue 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 Current Liabilities of MagnaChip Semiconductor are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Liabilities i.e., MagnaChip Semiconductor's Total Current Liabilities and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on MagnaChip Semiconductor balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MagnaChip Semiconductor 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.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 |
MagnaChip Semiconductor fundamental ratios Correlations
Click cells to compare fundamentals
MagnaChip Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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.MSFT | Microsoft | |
GM | General Motors | |
CRM | Salesforce |
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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |
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.