ON Semiconductor Net Income vs Receivables Turnover 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 Net Income and its Receivables Turnover 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.

Net Income vs Receivables Turnover

Net Income vs Receivables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ON Semiconductor Net Income account and Receivables Turnover. At this time, the significance of the direction appears to have strong relationship.

The correlation between ON Semiconductor's Net Income and Receivables Turnover is 0.75. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Receivables Turnover 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 Net Income and Receivables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of ON Semiconductor are associated (or correlated) with its Receivables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables Turnover has no effect on the direction of Net Income i.e., ON Semiconductor's Net Income and Receivables Turnover go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in ON Semiconductor financial statement analysis. It represents the amount of money remaining after all of ON Semiconductor operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Receivables Turnover

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

Interest Expense Depreciation And Amortization

ON Semiconductor fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Liab	Other Assets	Long Term Debt	Common Stock Total Equity	Common Stock Shares Outstanding
Total Assets		0.7	0.57	0.95	0.97	0.99	0.22	0.94	0.73	0.93	0.99	0.8	0.92	0.98	0.72	0.99	0.97	-0.15	0.76	0.98	0.53	0.81	0.65	0.69	0.59	0.31
Short Long Term Debt Total	0.7		0.68	0.68	0.51	0.64	0.71	0.49	0.75	0.52	0.77	0.57	0.48	0.74	0.98	0.62	0.57	-0.12	0.97	0.58	0.51	0.75	0.55	0.98	0.54	0.17
Other Current Liab	0.57	0.68		0.52	0.44	0.46	0.26	0.38	0.83	0.55	0.59	0.59	0.53	0.6	0.78	0.45	0.5	0.03	0.78	0.52	0.5	0.53	0.45	0.78	0.45	0.27
Total Current Liabilities	0.95	0.68	0.52		0.91	0.94	0.23	0.83	0.74	0.88	0.93	0.68	0.87	0.94	0.67	0.95	0.93	0.06	0.74	0.93	0.67	0.79	0.48	0.63	0.7	0.49
Total Stockholder Equity	0.97	0.51	0.44	0.91		0.97	0.01	0.98	0.65	0.95	0.93	0.78	0.94	0.93	0.54	0.98	0.98	-0.18	0.6	0.98	0.48	0.7	0.6	0.5	0.55	0.31
Property Plant And Equipment Net	0.99	0.64	0.46	0.94	0.97		0.19	0.95	0.67	0.93	0.97	0.72	0.91	0.96	0.65	0.99	0.97	-0.18	0.69	0.97	0.48	0.74	0.59	0.62	0.55	0.28
Net Debt	0.22	0.71	0.26	0.23	0.01	0.19		0.01	0.18	-0.09	0.36	0.16	-0.13	0.31	0.64	0.17	0.04	-0.01	0.56	0.04	0.12	0.44	0.32	0.69	0.09	-0.11
Retained Earnings	0.94	0.49	0.38	0.83	0.98	0.95	0.01		0.56	0.93	0.9	0.79	0.91	0.89	0.52	0.94	0.94	-0.39	0.55	0.95	0.29	0.63	0.67	0.49	0.39	0.1
Accounts Payable	0.73	0.75	0.83	0.74	0.65	0.67	0.18	0.56		0.69	0.73	0.6	0.68	0.76	0.8	0.67	0.69	0.07	0.87	0.71	0.74	0.64	0.43	0.76	0.77	0.51
Cash	0.93	0.52	0.55	0.88	0.95	0.93	-0.09	0.93	0.69		0.87	0.72	1.0	0.88	0.57	0.92	0.97	-0.19	0.62	0.98	0.46	0.67	0.53	0.52	0.52	0.29
Non Current Assets Total	0.99	0.77	0.59	0.93	0.93	0.97	0.36	0.9	0.73	0.87		0.81	0.85	0.98	0.78	0.97	0.93	-0.16	0.8	0.93	0.52	0.83	0.7	0.76	0.58	0.27
Non Currrent Assets Other	0.8	0.57	0.59	0.68	0.78	0.72	0.16	0.79	0.6	0.72	0.81		0.71	0.76	0.62	0.74	0.73	-0.29	0.63	0.74	0.35	0.7	0.89	0.59	0.39	0.11
Cash And Short Term Investments	0.92	0.48	0.53	0.87	0.94	0.91	-0.13	0.91	0.68	1.0	0.85	0.71		0.87	0.54	0.9	0.96	-0.16	0.6	0.98	0.46	0.67	0.5	0.48	0.52	0.33
Net Receivables	0.98	0.74	0.6	0.94	0.93	0.96	0.31	0.89	0.76	0.88	0.98	0.76	0.87		0.76	0.97	0.95	-0.07	0.79	0.95	0.58	0.83	0.6	0.74	0.63	0.36
Non Current Liabilities Total	0.72	0.98	0.78	0.67	0.54	0.65	0.64	0.52	0.8	0.57	0.78	0.62	0.54	0.76		0.63	0.6	-0.14	0.98	0.62	0.5	0.77	0.6	0.99	0.52	0.17
Inventory	0.99	0.62	0.45	0.95	0.98	0.99	0.17	0.94	0.67	0.92	0.97	0.74	0.9	0.97	0.63		0.97	-0.11	0.68	0.97	0.54	0.77	0.58	0.6	0.61	0.36
Other Current Assets	0.97	0.57	0.5	0.93	0.98	0.97	0.04	0.94	0.69	0.97	0.93	0.73	0.96	0.95	0.6	0.97		-0.12	0.65	0.99	0.52	0.74	0.53	0.56	0.59	0.36
Other Stockholder Equity	-0.15	-0.12	0.03	0.06	-0.18	-0.18	-0.01	-0.39	0.07	-0.19	-0.16	-0.29	-0.16	-0.07	-0.14	-0.11	-0.12		-0.06	-0.14	0.62	0.14	-0.51	-0.15	0.5	0.82
Total Liab	0.76	0.97	0.78	0.74	0.6	0.69	0.56	0.55	0.87	0.62	0.8	0.63	0.6	0.79	0.98	0.68	0.65	-0.06		0.67	0.62	0.78	0.55	0.96	0.65	0.3
Total Current Assets	0.98	0.58	0.52	0.93	0.98	0.97	0.04	0.95	0.71	0.98	0.93	0.74	0.98	0.95	0.62	0.97	0.99	-0.14	0.67		0.52	0.75	0.56	0.57	0.58	0.35
Common Stock	0.53	0.51	0.5	0.67	0.48	0.48	0.12	0.29	0.74	0.46	0.52	0.35	0.46	0.58	0.5	0.54	0.52	0.62	0.62	0.52		0.63	0.05	0.45	0.98	0.92
Other Liab	0.81	0.75	0.53	0.79	0.7	0.74	0.44	0.63	0.64	0.67	0.83	0.7	0.67	0.83	0.77	0.77	0.74	0.14	0.78	0.75	0.63		0.62	0.73	0.64	0.45
Other Assets	0.65	0.55	0.45	0.48	0.6	0.59	0.32	0.67	0.43	0.53	0.7	0.89	0.5	0.6	0.6	0.58	0.53	-0.51	0.55	0.56	0.05	0.62		0.59	0.11	-0.21
Long Term Debt	0.69	0.98	0.78	0.63	0.5	0.62	0.69	0.49	0.76	0.52	0.76	0.59	0.48	0.74	0.99	0.6	0.56	-0.15	0.96	0.57	0.45	0.73	0.59		0.46	0.11
Common Stock Total Equity	0.59	0.54	0.45	0.7	0.55	0.55	0.09	0.39	0.77	0.52	0.58	0.39	0.52	0.63	0.52	0.61	0.59	0.5	0.65	0.58	0.98	0.64	0.11	0.46		0.88
Common Stock Shares Outstanding	0.31	0.17	0.27	0.49	0.31	0.28	-0.11	0.1	0.51	0.29	0.27	0.11	0.33	0.36	0.17	0.36	0.36	0.82	0.3	0.35	0.92	0.45	-0.21	0.11	0.88

Click cells to compare fundamentals

ON Semiconductor Account Relationship Matchups

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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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:

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Is ON Semiconductor Stock a good investment?

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What is ON Semiconductor's Net Worth?

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Largest Semiconductors & Semiconductor Equipment Companies

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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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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.

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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.

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ON Semiconductor Net Income vs Receivables Turnover Analysis

Net Income vs Receivables Turnover

Net Income vs Receivables Turnover Correlation Analysis

Correlation Coefficient

Net Income

Receivables Turnover

ON Semiconductor fundamental ratios Correlations

ON Semiconductor Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ON Semiconductor fundamental ratios Accounts

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

Complementary Tools for ON Semiconductor Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets
Inventory	+ 0.99	Property Plant And Equipment Net
Long Term Debt	+ 0.99	Non Current Liabilities Total

Other Assets	- 0.51	Other Stockholder Equity
Other Stockholder Equity	- 0.39	Retained Earnings
Other Stockholder Equity	- 0.29	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.21	Other Assets
Other Stockholder Equity	- 0.19	Cash
Other Stockholder Equity	- 0.18	Property Plant And Equipment Net