Skyworks Solutions Price to Book vs. Current Liabilities

SWKS Stock  USD 101.12  1.82  1.83%   
Based on Skyworks Solutions' profitability indicators, Skyworks Solutions is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in May. Profitability indicators assess Skyworks Solutions' ability to earn profits and add value for shareholders. At this time, Skyworks Solutions' Price To Sales Ratio is comparatively stable compared to the past year. Days Sales Outstanding is likely to gain to 69.49 in 2024, whereas Operating Cash Flow Sales Ratio is likely to drop 0.01 in 2024. At this time, Skyworks Solutions' Operating Income is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 1.3 B in 2024, whereas Total Other Income Expense Net is likely to drop (12.2 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.310.3674
Fairly Down
Slightly volatile
Net Profit Margin0.0420.0392
Notably Up
Slightly volatile
Operating Profit Margin0.07430.0475
Way Up
Slightly volatile
Pretax Profit Margin0.06960.0464
Way Up
Slightly volatile
Return On Assets0.03350.0504
Way Down
Slightly volatile
Return On Equity0.06940.0661
Sufficiently Up
Slightly volatile
For Skyworks Solutions profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Skyworks Solutions to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Skyworks Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Skyworks Solutions's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Skyworks Solutions over time as well as its relative position and ranking within its peers.
  
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For more information on how to buy Skyworks Stock please use our How to Invest in Skyworks Solutions guide.
Is Skyworks Solutions' 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 Skyworks Solutions. If investors know Skyworks 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 Skyworks Solutions 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
(0.25)
Dividend Share
2.6
Earnings Share
5.64
Revenue Per Share
29.133
Quarterly Revenue Growth
(0.1)
The market value of Skyworks Solutions is measured differently than its book value, which is the value of Skyworks that is recorded on the company's balance sheet. Investors also form their own opinion of Skyworks Solutions' value that differs from its market value or its book value, called intrinsic value, which is Skyworks Solutions' 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 Skyworks Solutions' market value can be influenced by many factors that don't directly affect Skyworks Solutions' 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 Skyworks Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyworks Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyworks Solutions' 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.

Skyworks Solutions Current Liabilities vs. Price to Book Fundamental Analysis

Skyworks Current Liabilities vs. Price to Book

Skyworks Solutions

 = 
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Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Skyworks Solutions

Current Liabilities

 = 

Payables

+

Accrued Debt

 = 
21.57 M
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.

Skyworks Current Liabilities Comparison

Skyworks Solutions is currently under evaluation in current liabilities category among related companies.

Use Skyworks Solutions in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Skyworks Solutions position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Skyworks Solutions will appreciate offsetting losses from the drop in the long position's value.

Skyworks Solutions Pair Trading

Skyworks Solutions Pair Trading Analysis

The ability to find closely correlated positions to Skyworks Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skyworks Solutions when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Skyworks Solutions - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Skyworks Solutions to buy it.
The correlation of Skyworks Solutions is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Skyworks Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skyworks Solutions moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Skyworks Solutions can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Skyworks Solutions position

In addition to having Skyworks Solutions in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Emerging Markets Funds Thematic Idea Now

Emerging Markets Funds
Emerging Markets Funds Theme
Fund or Etfs that invest in markets of developing countries. The Emerging Markets Funds theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Emerging Markets Funds Theme or any other thematic opportunities.
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When determining whether Skyworks Solutions is a strong investment it is important to analyze Skyworks Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Skyworks Solutions' future performance. For an informed investment choice regarding Skyworks Stock, refer to the following important reports:
Check out World Market Map.
For more information on how to buy Skyworks Stock please use our How to Invest in Skyworks Solutions guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Skyworks Solutions' price analysis, check to measure Skyworks Solutions' 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 Skyworks Solutions is operating at the current time. Most of Skyworks Solutions' value examination focuses on studying past and present price action to predict the probability of Skyworks Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyworks Solutions' price. Additionally, you may evaluate how the addition of Skyworks Solutions to your portfolios can decrease your overall portfolio volatility.
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To fully project Skyworks Solutions' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Skyworks Solutions at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Skyworks Solutions' income statement, its balance sheet, and the statement of cash flows.
Potential Skyworks Solutions investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Skyworks Solutions investors may work on each financial statement separately, they are all related. The changes in Skyworks Solutions's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Skyworks Solutions'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.