ON Semiconductor Invested Capital vs Operating Income Analysis
ON Stock | USD 64.47 0.25 0.39% |
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 Invested Capital and its Operating Income 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.
Invested Capital vs Operating Income
Invested Capital vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ON Semiconductor Invested Capital account and Operating Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ON Semiconductor's Invested Capital and Operating Income is 0.16. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Operating Income 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 Invested Capital and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of ON Semiconductor are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Invested Capital i.e., ON Semiconductor's Invested Capital and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to ON Semiconductor. There are two different methods for calculating ON Semiconductor invested capital: operating approach and financing approach. Understanding ON Semiconductor invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Operating Income
Operating Income is the amount of profit realized from ON Semiconductor operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ON Semiconductor is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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.At this time, ON Semiconductor's Tax Provision is very stable compared to the past year. As of the 18th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.07, while Selling General Administrative is likely to drop about 203.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 130.4M | 94.9M | 74.8M | 103.5M | Depreciation And Amortization | 690.4M | 993.7M | 609.5M | 640.0M |
ON Semiconductor fundamental ratios Correlations
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ON Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ON Semiconductor fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.4B | 8.7B | 9.6B | 12.0B | 13.2B | 13.9B | |
Short Long Term Debt Total | 3.6B | 3.5B | 3.1B | 3.2B | 3.4B | 2.0B | |
Other Current Liab | 538.8M | 576.8M | 747.6M | 1.0B | 333.7M | 347.5M | |
Total Current Liabilities | 1.8B | 1.7B | 1.5B | 2.1B | 2.2B | 2.3B | |
Total Stockholder Equity | 3.3B | 3.5B | 4.6B | 6.2B | 7.8B | 8.2B | |
Property Plant And Equipment Net | 2.6B | 2.5B | 2.5B | 3.5B | 4.4B | 4.7B | |
Net Debt | 2.7B | 2.4B | 1.7B | 311.7M | 876.8M | 1.2B | |
Retained Earnings | 1.2B | 1.4B | 2.4B | 4.4B | 6.5B | 6.9B | |
Accounts Payable | 543.6M | 572.9M | 635.1M | 852.1M | 725.6M | 373.5M | |
Cash | 894.2M | 1.1B | 1.4B | 2.9B | 2.5B | 2.6B | |
Non Current Assets Total | 5.4B | 5.5B | 5.8B | 6.2B | 7.3B | 7.7B | |
Non Currrent Assets Other | 256.4M | 410.2M | 520.6M | 424.6M | 369.3M | 387.8M | |
Cash And Short Term Investments | 894.2M | 1.1B | 1.4B | 2.9B | 2.5B | 2.6B | |
Net Receivables | 705M | 676M | 809.4M | 842.3M | 935.4M | 982.2M | |
Liabilities And Stockholders Equity | 8.4B | 8.7B | 9.6B | 12.0B | 13.2B | 13.9B | |
Non Current Liabilities Total | 3.3B | 3.4B | 3.5B | 3.7B | 3.2B | 2.0B | |
Inventory | 1.2B | 1.3B | 1.4B | 1.6B | 2.1B | 2.2B | |
Other Current Assets | 188.4M | 182.9M | 240.1M | 351.3M | 382.1M | 401.2M | |
Other Stockholder Equity | 2.2B | 2.2B | 2.2B | 1.8B | 1.3B | 1.9B | |
Total Liab | 5.1B | 5.1B | 5.0B | 5.8B | 5.4B | 3.1B | |
Total Current Assets | 3.0B | 3.2B | 3.8B | 5.7B | 5.9B | 6.2B | |
Accumulated Other Comprehensive Income | (37.9M) | (54.3M) | (57.6M) | (23.2M) | (45.2M) | (47.5M) | |
Other Liab | 318.6M | 465.9M | 564.3M | 394.9M | 454.1M | 476.8M | |
Other Assets | 454M | 840M | 886.9M | 539.2M | 620.1M | 651.1M | |
Long Term Debt | 2.9B | 3.0B | 2.9B | 3.0B | 2.5B | 1.8B | |
Common Stock Shares Outstanding | 416M | 418.8M | 443.8M | 448.2M | 446.8M | 405.1M | |
Property Plant And Equipment Gross | 2.6B | 2.5B | 5.9B | 3.5B | 8.0B | 8.4B | |
Short Term Debt | 736M | 531.6M | 160.7M | 162M | 794.8M | 834.5M | |
Property Plant Equipment | 2.6B | 2.5B | 2.5B | 3.5B | 4.0B | 4.2B | |
Intangible Assets | 590.5M | 469M | 495.7M | 359.7M | 299.3M | 345.4M | |
Good Will | 1.7B | 1.7B | 1.9B | 1.6B | 1.8B | 1.9B | |
Treasury Stock | (1.5B) | (1.7B) | (2.0B) | (2.4B) | (2.2B) | (2.1B) | |
Net Tangible Assets | 1.1B | 1.4B | 2.2B | 6.2B | 7.1B | 7.5B | |
Noncontrolling Interest In Consolidated Entity | 22.4M | 19.6M | 19M | 18.5M | 16.7M | 18.5M | |
Retained Earnings Total Equity | 1.2B | 1.4B | 2.4B | 4.4B | 5.0B | 5.3B |
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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.