Analog Devices Financials

ADI Stock  USD 193.33  4.37  2.31%   
Based on the key indicators related to Analog Devices' liquidity, profitability, solvency, and operating efficiency, Analog Devices may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. As of now, Analog Devices' Total Stockholder Equity is increasing as compared to previous years. The Analog Devices' current Property Plant And Equipment Net is estimated to increase to about 3.9 B, while Other Current Liabilities is projected to decrease to under 89.2 M. Key indicators impacting Analog Devices' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.130.2179
Way Down
Pretty Stable
Return On Assets0.06890.0569
Fairly Up
Slightly volatile
Return On Equity0.0960.1017
Notably Down
Slightly volatile
Debt Equity Ratio0.450.4322
Sufficiently Up
Pretty Stable
Operating Income4.6 B4.4 B
Sufficiently Up
Slightly volatile
Current Ratio3.221.8445
Way Up
Slightly volatile
The financial analysis of Analog Devices is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Analog Devices includes many different criteria found on its balance sheet. For example, investors should never minimize Analog Devices' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Analog Devices' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Analog Devices.

Net Income

4 Billion

With this module, you can analyze Analog financials for your investing period. You should be able to track the changes in Analog Devices individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Analog Devices Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Analog Devices' financial statements are interrelated, with each one affecting the others. For example, an increase in Analog Devices' assets may result in an increase in income on the income statement.
Evaluating Analog Devices' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Analog Devices' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Analog Devices' relative financial performance

Chance Of Distress

Less than 5

 
100  
 
Zero
Very Low
Analog Devices has less than 5 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Analog Devices stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Analog Devices' odds of distress score SHOULD NOT be confused with the real chance of Analog Devices filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Analog is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Analog Devices' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Analog Devices' official financial statements usually reflect Analog Devices' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Analog Devices. For example, before you start analyzing numbers published by Analog accountants, it's critical to develop an understanding of what Analog Devices' liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of Analog Devices' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Analog Devices' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Analog Devices' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Analog Devices. Please utilize our Beneish M Score to check the likelihood of Analog Devices' management manipulating its earnings.

Analog Devices Company Summary

Analog Devices competes with ON Semiconductor, Nano Labs, Daqo New, MagnaChip Semiconductor, and Impinj. Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits , software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. Analog Devices, Inc. was incorporated in 1965 and is headquartered in Wilmington, Massachusetts. Analog Devices operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 24450 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000006281
ISINUS0326541051
CUSIP032654105
RegionNorth America
LocationMassachusetts; U.S.A
Business AddressOne Analog Way,
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.analog.com
Phone781 935 5565
CurrencyUSD - US Dollar
You should never invest in Analog Devices without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Analog Stock, because this is throwing your money away. Analyzing the key information contained in Analog Devices' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Analog Devices Key Financial Ratios

Generally speaking, Analog Devices' financial ratios allow both analysts and investors to convert raw data from Analog Devices' financial statements into concise, actionable information that can be used to evaluate the performance of Analog Devices over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Analog Devices reports annually and quarterly.

Analog Devices Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets21.5B52.3B50.3B48.8B56.1B58.9B
Other Current Liab1.1B2.3B1.8B81.6M93.8M89.2M
Net Debt4.1B4.8B5.1B6.1B7.0B7.3B
Retained Earnings7.2B7.5B8.7B10.4B11.9B12.5B
Cash1.1B2.0B1.5B958.1M1.1B666.3M
Net Receivables737.5M1.5B1.8B1.5B1.7B1.8B
Inventory608.3M1.2B1.4B1.6B1.9B2.0B
Other Current Assets116.0M740.7M267.0M314.0M361.1M379.2M
Total Liab9.5B14.3B13.8B13.2B15.2B16.0B
Total Current Assets2.5B5.4B4.9B4.4B5.0B2.6B
Short Term Debt39.9M516.7M53.6M1.1B1.3B1.3B
Intangible Assets3.7B15.3B13.3B11.3B13.0B13.7B
Accounts Payable227.3M443.4M582.2M493.0M567.0M595.3M
Common Stock61.6M87.6M84.9M82.7M95.1M57.7M
Other Liab2.7B5.3B4.5B3.8B4.3B4.5B
Other Assets1.6B2.7B2.4B396.2M455.6M526.7M
Long Term Debt5.1B6.3B6.5B5.9B6.8B7.1B
Good Will12.3B12.3B26.9B26.9B31.0B32.5B
Net Tangible Assets12.0B(4.2B)(3.7B)(2.7B)(2.4B)(2.3B)
Long Term Debt Total5.2B5.1B6.3B6.5B7.5B7.9B

Analog Devices Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Analog Devices' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense193.3M184.8M200.4M264.6M304.3M319.6M
Total Revenue5.6B7.3B12.0B12.3B14.2B14.9B
Gross Profit3.7B4.5B7.5B7.9B9.1B9.5B
Operating Income1.5B1.7B3.3B3.8B4.4B4.6B
Ebit1.5B1.7B3.3B4.0B4.6B4.9B
Ebitda2.4B2.9B5.9B6.3B7.3B7.6B
Cost Of Revenue1.9B2.8B4.5B4.4B5.1B5.3B
Income Before Tax1.3B1.3B3.1B3.6B4.1B4.4B
Net Income1.2B1.4B2.7B3.3B3.8B4.0B
Income Tax Expense90.9M(61.7M)350.2M293.4M337.4M354.3M
Research Development1.1B1.3B1.7B1.7B1.9B2.0B
Tax Provision90.9M(61.7M)350.2M293.4M337.4M354.3M
Interest Income4.3M1.2M6.9M41.3M37.2M39.0M
Net Interest Income(189M)(183.6M)(193.5M)(223.4M)(201.0M)(211.1M)

Analog Devices Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Analog Devices. It measures of how well Analog is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Analog Devices brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Analog had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Analog Devices has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory1.8M(65.1M)(470.7M)(242.3M)(218.1M)(207.2M)
Change In Cash407.5M922.1M(507.4M)(512.5M)(461.3M)(438.2M)
Free Cash Flow1.8B2.4B3.8B3.6B4.1B4.3B
Depreciation810.9M1.1B2.3B2.3B2.6B2.8B
Other Non Cash Items45.4M519.7M316.3M8.7M10.0M9.5M
Capital Expenditures165.7M343.7M699.3M1.3B1.5B1.5B
Net Income1.2B1.4B2.7B3.3B3.8B4.0B
End Period Cash Flow1.1B2.0B1.5B958.1M1.1B741.0M
Change To Netincome787.7M1.3B313.0M(144.5M)(166.1M)(157.8M)
Dividends Paid886.2M1.1B1.5B1.7B1.9B2.0B
Investments(180.5M)30.1M(657.4M)(1.3B)(1.5B)(1.4B)
Net Borrowings(354.4M)194.5M(223.0M)481.5M433.4M481.2M

Analog Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Analog Devices's current stock value. Our valuation model uses many indicators to compare Analog Devices value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Analog Devices competition to find correlations between indicators driving Analog Devices's intrinsic value. More Info.
Analog Devices is rated second in earnings per share category among related companies. It is rated third in working capital category among related companies reporting about  211,637,030  of Working Capital per Earnings Per Share. The Analog Devices' current Net Working Capital is estimated to increase to about 1.5 B, while Change In Working Capital is forecasted to increase to (552 M).. Comparative valuation analysis is a catch-all model that can be used if you cannot value Analog Devices by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Analog Devices' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Analog Devices' earnings, one of the primary drivers of an investment's value.

Analog Devices Systematic Risk

Analog Devices' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Analog Devices volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Analog Devices correlated with the market. If Beta is less than 0 Analog Devices generally moves in the opposite direction as compared to the market. If Analog Devices Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Analog Devices is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Analog Devices is generally in the same direction as the market. If Beta > 1 Analog Devices moves generally in the same direction as, but more than the movement of the benchmark.

About Analog Devices Financials

What exactly are Analog Devices Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Analog Devices' income statement, its balance sheet, and the statement of cash flows. Potential Analog Devices investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Analog Devices investors may use each financial statement separately, they are all related. The changes in Analog Devices's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Analog Devices's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Analog Devices Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Analog Devices is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Analog has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Analog Devices' financials are consistent with your investment objective using the following steps:
  • Review Analog Devices' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Analog Devices' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Analog Devices' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Analog Devices' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Analog Devices Thematic Clasifications

Analog Devices is part of several thematic ideas from IT to Computers. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Analog Devices Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Analog Devices' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Analog Devices growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(3.33)

As of now, Analog Devices' Price Earnings To Growth Ratio is increasing as compared to previous years.

Analog Devices March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Analog Devices help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Analog Devices. We use our internally-developed statistical techniques to arrive at the intrinsic value of Analog Devices based on widely used predictive technical indicators. In general, we focus on analyzing Analog Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Analog Devices's daily price indicators and compare them against related drivers.
When determining whether Analog Devices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Analog Devices' 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 Analog Devices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Analog Devices Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Analog Devices. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.
Note that the Analog Devices information on this page should be used as a complementary analysis to other Analog Devices' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Analog Devices' price analysis, check to measure Analog Devices' 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 Analog Devices is operating at the current time. Most of Analog Devices' value examination focuses on studying past and present price action to predict the probability of Analog Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Analog Devices' price. Additionally, you may evaluate how the addition of Analog Devices to your portfolios can decrease your overall portfolio volatility.
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Is Analog Devices' 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 Analog Devices. If investors know Analog 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 Analog Devices 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
(0.51)
Dividend Share
3.5
Earnings Share
5.59
Revenue Per Share
23.165
Quarterly Revenue Growth
(0.23)
The market value of Analog Devices is measured differently than its book value, which is the value of Analog that is recorded on the company's balance sheet. Investors also form their own opinion of Analog Devices' value that differs from its market value or its book value, called intrinsic value, which is Analog Devices' 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 Analog Devices' market value can be influenced by many factors that don't directly affect Analog Devices' 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 Analog Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Analog Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Analog Devices' 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.