ON Semiconductor Income Tax Expense vs Total Assets Analysis

ON Stock  USD 75.61  2.72  3.73%   
ON Semiconductor financial indicator trend analysis is much more than just breaking down ON Semiconductor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ON Semiconductor is a good investment. Please check the relationship between ON Semiconductor Income Tax Expense and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON 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 board of governors.
To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.

Income Tax Expense vs Total Assets

Income Tax Expense vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ON Semiconductor Income Tax Expense account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ON Semiconductor's Income Tax Expense and Total Assets is -0.21. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Assets in the same time period over historical financial statements of ON Semiconductor, assuming nothing else is changed. The correlation between historical values of ON Semiconductor's Income Tax Expense and Total 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 Income Tax Expense of ON Semiconductor are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Income Tax Expense i.e., ON Semiconductor's Income Tax Expense and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Total Assets

Total assets refers to the total amount of ON Semiconductor assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ON Semiconductor books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from ON Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ON 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON 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 board of governors.
To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.As of the 28th of March 2024, Tax Provision is likely to grow to about 367.7 M, while Selling General Administrative is likely to drop about 203.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense130.4M94.9M74.8M103.5M
Depreciation And Amortization690.4M993.7M609.5M640.0M

ON Semiconductor fundamental ratios Correlations

0.70.570.950.970.990.220.940.730.930.990.80.920.980.720.990.97-0.150.760.980.530.810.650.690.590.31
0.70.680.680.510.640.710.490.750.520.770.570.480.740.980.620.57-0.120.970.580.510.750.550.980.540.17
0.570.680.520.440.460.260.380.830.550.590.590.530.60.780.450.50.030.780.520.50.530.450.780.450.27
0.950.680.520.910.940.230.830.740.880.930.680.870.940.670.950.930.060.740.930.670.790.480.630.70.49
0.970.510.440.910.970.010.980.650.950.930.780.940.930.540.980.98-0.180.60.980.480.70.60.50.550.31
0.990.640.460.940.970.190.950.670.930.970.720.910.960.650.990.97-0.180.690.970.480.740.590.620.550.28
0.220.710.260.230.010.190.010.18-0.090.360.16-0.130.310.640.170.04-0.010.560.040.120.440.320.690.09-0.11
0.940.490.380.830.980.950.010.560.930.90.790.910.890.520.940.94-0.390.550.950.290.630.670.490.390.1
0.730.750.830.740.650.670.180.560.690.730.60.680.760.80.670.690.070.870.710.740.640.430.760.770.51
0.930.520.550.880.950.93-0.090.930.690.870.721.00.880.570.920.97-0.190.620.980.460.670.530.520.520.29
0.990.770.590.930.930.970.360.90.730.870.810.850.980.780.970.93-0.160.80.930.520.830.70.760.580.27
0.80.570.590.680.780.720.160.790.60.720.810.710.760.620.740.73-0.290.630.740.350.70.890.590.390.11
0.920.480.530.870.940.91-0.130.910.681.00.850.710.870.540.90.96-0.160.60.980.460.670.50.480.520.33
0.980.740.60.940.930.960.310.890.760.880.980.760.870.760.970.95-0.070.790.950.580.830.60.740.630.36
0.720.980.780.670.540.650.640.520.80.570.780.620.540.760.630.6-0.140.980.620.50.770.60.990.520.17
0.990.620.450.950.980.990.170.940.670.920.970.740.90.970.630.97-0.110.680.970.540.770.580.60.610.36
0.970.570.50.930.980.970.040.940.690.970.930.730.960.950.60.97-0.120.650.990.520.740.530.560.590.36
-0.15-0.120.030.06-0.18-0.18-0.01-0.390.07-0.19-0.16-0.29-0.16-0.07-0.14-0.11-0.12-0.06-0.140.620.14-0.51-0.150.50.82
0.760.970.780.740.60.690.560.550.870.620.80.630.60.790.980.680.65-0.060.670.620.780.550.960.650.3
0.980.580.520.930.980.970.040.950.710.980.930.740.980.950.620.970.99-0.140.670.520.750.560.570.580.35
0.530.510.50.670.480.480.120.290.740.460.520.350.460.580.50.540.520.620.620.520.630.050.450.980.92
0.810.750.530.790.70.740.440.630.640.670.830.70.670.830.770.770.740.140.780.750.630.620.730.640.45
0.650.550.450.480.60.590.320.670.430.530.70.890.50.60.60.580.53-0.510.550.560.050.620.590.11-0.21
0.690.980.780.630.50.620.690.490.760.520.760.590.480.740.990.60.56-0.150.960.570.450.730.590.460.11
0.590.540.450.70.550.550.090.390.770.520.580.390.520.630.520.610.590.50.650.580.980.640.110.460.88
0.310.170.270.490.310.28-0.110.10.510.290.270.110.330.360.170.360.360.820.30.350.920.45-0.210.110.88
Click cells to compare fundamentals

ON Semiconductor Account Relationship Matchups

ON Semiconductor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.4B8.7B9.6B12.0B13.2B13.9B
Short Long Term Debt Total3.6B3.5B3.1B3.2B3.4B2.0B
Other Current Liab538.8M576.8M747.6M1.0B333.7M347.5M
Total Current Liabilities1.8B1.7B1.5B2.1B2.2B2.3B
Total Stockholder Equity3.3B3.5B4.6B6.2B7.8B8.2B
Property Plant And Equipment Net2.6B2.5B2.5B3.5B4.4B4.7B
Net Debt2.7B2.4B1.7B311.7M876.8M1.2B
Retained Earnings1.2B1.4B2.4B4.4B6.5B6.9B
Accounts Payable543.6M572.9M635.1M852.1M725.6M373.5M
Cash894.2M1.1B1.4B2.9B2.5B2.6B
Non Current Assets Total5.4B5.5B5.8B6.2B7.3B7.7B
Non Currrent Assets Other256.4M410.2M520.6M424.6M369.3M387.8M
Cash And Short Term Investments894.2M1.1B1.4B2.9B2.5B2.6B
Net Receivables705M676M809.4M842.3M935.4M982.2M
Liabilities And Stockholders Equity8.4B8.7B9.6B12.0B13.2B13.9B
Non Current Liabilities Total3.3B3.4B3.5B3.7B3.2B2.0B
Inventory1.2B1.3B1.4B1.6B2.1B2.2B
Other Current Assets188.4M182.9M240.1M351.3M382.1M401.2M
Other Stockholder Equity2.2B2.2B2.2B1.8B1.3B1.9B
Total Liab5.1B5.1B5.0B5.8B5.4B3.1B
Total Current Assets3.0B3.2B3.8B5.7B5.9B6.2B
Accumulated Other Comprehensive Income(37.9M)(54.3M)(57.6M)(23.2M)(45.2M)(47.5M)
Other Liab318.6M465.9M564.3M394.9M454.1M476.8M
Other Assets454M840M886.9M539.2M620.1M651.1M
Long Term Debt2.9B3.0B2.9B3.0B2.5B1.8B
Common Stock Shares Outstanding416M418.8M443.8M448.2M446.8M405.1M
Property Plant And Equipment Gross2.6B2.5B5.9B3.5B8.0B8.4B
Short Term Debt736M531.6M160.7M162M794.8M834.5M
Property Plant Equipment2.6B2.5B2.5B3.5B4.0B4.2B
Intangible Assets590.5M469M495.7M359.7M299.3M345.4M
Good Will1.7B1.7B1.9B1.6B1.8B1.9B
Treasury Stock(1.5B)(1.7B)(2.0B)(2.4B)(2.2B)(2.1B)
Net Tangible Assets1.1B1.4B2.2B6.2B7.1B7.5B
Noncontrolling Interest In Consolidated Entity22.4M19.6M19M18.5M16.7M18.5M
Retained Earnings Total Equity1.2B1.4B2.4B4.4B5.0B5.3B

ON Semiconductor Investors Sentiment

The influence of ON Semiconductor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ON Semiconductor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ON Semiconductor's public news can be used to forecast risks associated with an investment in ON Semiconductor. The trend in average sentiment can be used to explain how an investor holding ON Semiconductor can time the market purely based on public headlines and social activities around ON Semiconductor. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ON Semiconductor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ON Semiconductor's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ON Semiconductor's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ON Semiconductor.

ON Semiconductor Implied Volatility

    
  102.16  
ON Semiconductor's implied volatility exposes the market's sentiment of ON Semiconductor stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ON Semiconductor's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ON Semiconductor stock will not fluctuate a lot when ON Semiconductor's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ON Semiconductor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ON Semiconductor's short interest history, or implied volatility extrapolated from ON Semiconductor options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether ON Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ON 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 On Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on On Semiconductor Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON 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 board of governors.
To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for ON Semiconductor Stock analysis

When running ON Semiconductor's price analysis, check to measure ON 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 ON Semiconductor is operating at the current time. Most of ON Semiconductor's value examination focuses on studying past and present price action to predict the probability of ON 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 ON Semiconductor's price. Additionally, you may evaluate how the addition of ON Semiconductor to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Is ON 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 ON Semiconductor. If investors know ON Semiconductor 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 ON 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
(0.05)
Earnings Share
4.89
Revenue Per Share
19.162
Quarterly Revenue Growth
(0.04)
Return On Assets
0.1294
The market value of ON Semiconductor is measured differently than its book value, which is the value of ON Semiconductor that is recorded on the company's balance sheet. Investors also form their own opinion of ON Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is ON 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 ON Semiconductor's market value can be influenced by many factors that don't directly affect ON 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 ON Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON 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.