Pixelworks Non Operating Income Net Other vs Tax Provision Analysis

PXLW Stock  USD 1.73  0.06  3.35%   
Pixelworks financial indicator trend analysis is much more than just breaking down Pixelworks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pixelworks is a good investment. Please check the relationship between Pixelworks Non Operating Income Net Other and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pixelworks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Pixelworks Stock please use our How to Invest in Pixelworks guide.

Non Operating Income Net Other vs Tax Provision

Non Operating Income Net Other vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pixelworks Non Operating Income Net Other account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pixelworks' Non Operating Income Net Other and Tax Provision is -0.03. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Pixelworks, assuming nothing else is changed. The correlation between historical values of Pixelworks' Non Operating Income Net Other and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Pixelworks are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Non Operating Income Net Other i.e., Pixelworks' Non Operating Income Net Other and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Operating Income Net Other

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Pixelworks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pixelworks 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 Pixelworks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Pixelworks Stock please use our How to Invest in Pixelworks guide.Enterprise Value is likely to climb to about 280.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 15.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit27.7M35.9M25.7M28.0M
Total Revenue55.1M70.1M59.7M61.6M

Pixelworks fundamental ratios Correlations

0.48-0.830.83-0.210.920.96-0.490.90.950.440.280.420.72-0.760.20.90.560.760.850.150.670.65-0.080.710.8
0.48-0.150.250.070.270.40.070.190.32-0.020.040.420.59-0.5-0.220.610.040.440.050.060.09-0.10.20.650.59
-0.83-0.15-0.970.07-0.98-0.780.58-0.82-0.94-0.29-0.35-0.35-0.470.59-0.4-0.53-0.66-0.49-0.770.25-0.65-0.470.15-0.52-0.6
0.830.25-0.97-0.040.970.76-0.540.770.940.280.30.380.54-0.610.320.530.640.550.68-0.290.660.41-0.130.580.68
-0.210.070.07-0.04-0.13-0.33-0.56-0.32-0.23-0.39-0.1-0.53-0.030.56-0.36-0.13-0.06-0.3-0.24-0.57-0.24-0.36-0.39-0.48-0.43
0.920.27-0.980.97-0.130.87-0.560.880.980.350.320.40.56-0.670.330.670.630.610.82-0.130.670.55-0.130.60.7
0.960.4-0.780.76-0.330.87-0.410.850.920.580.320.350.69-0.830.190.860.450.730.860.270.610.74-0.030.740.83
-0.490.070.58-0.54-0.56-0.56-0.41-0.46-0.48-0.14-0.090.35-0.33-0.060.06-0.42-0.32-0.22-0.590.28-0.29-0.450.470.13-0.05
0.90.19-0.820.77-0.320.880.85-0.460.880.470.290.520.49-0.660.370.770.610.550.930.150.650.71-0.060.540.61
0.950.32-0.940.94-0.230.980.92-0.480.880.380.340.420.64-0.750.350.720.660.730.830.010.740.6-0.150.690.78
0.44-0.02-0.290.28-0.390.350.58-0.140.470.380.130.040.3-0.53-0.070.46-0.020.170.580.470.190.710.260.410.5
0.280.04-0.350.3-0.10.320.32-0.090.290.340.130.130.36-0.450.280.130.630.160.34-0.010.550.21-0.250.410.33
0.420.42-0.350.38-0.530.40.350.350.520.420.040.130.22-0.620.40.340.340.220.220.020.350.080.380.640.54
0.720.59-0.470.54-0.030.560.69-0.330.490.640.30.360.22-0.680.160.690.350.680.490.320.440.53-0.340.720.78
-0.76-0.50.59-0.610.56-0.67-0.83-0.06-0.66-0.75-0.53-0.45-0.62-0.68-0.35-0.64-0.44-0.59-0.59-0.36-0.6-0.55-0.13-0.97-0.94
0.2-0.22-0.40.32-0.360.330.190.060.370.35-0.070.280.40.16-0.35-0.040.550.120.30.180.40.22-0.150.270.2
0.90.61-0.530.53-0.130.670.86-0.420.770.720.460.130.340.69-0.64-0.040.310.670.750.330.450.630.030.610.69
0.560.04-0.660.64-0.060.630.45-0.320.610.66-0.020.630.340.35-0.440.550.310.460.54-0.130.920.24-0.350.40.4
0.760.44-0.490.55-0.30.610.73-0.220.550.730.170.160.220.68-0.590.120.670.460.520.320.640.45-0.270.60.7
0.850.05-0.770.68-0.240.820.86-0.590.930.830.580.340.220.49-0.590.30.750.540.520.270.60.83-0.20.420.51
0.150.060.25-0.29-0.57-0.130.270.280.150.010.47-0.010.020.32-0.360.180.33-0.130.320.270.020.550.010.270.26
0.670.09-0.650.66-0.240.670.61-0.290.650.740.190.550.350.44-0.60.40.450.920.640.60.020.42-0.260.550.59
0.65-0.1-0.470.41-0.360.550.74-0.450.710.60.710.210.080.53-0.550.220.630.240.450.830.550.42-0.210.370.5
-0.080.20.15-0.13-0.39-0.13-0.030.47-0.06-0.150.26-0.250.38-0.34-0.13-0.150.03-0.35-0.27-0.20.01-0.26-0.210.170.12
0.710.65-0.520.58-0.480.60.740.130.540.690.410.410.640.72-0.970.270.610.40.60.420.270.550.370.170.96
0.80.59-0.60.68-0.430.70.83-0.050.610.780.50.330.540.78-0.940.20.690.40.70.510.260.590.50.120.96
Click cells to compare fundamentals

Pixelworks Account Relationship Matchups

Pixelworks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.7M72.0M106.6M102.3M96.0M92.6M
Total Stockholder Equity47.5M52.9M40.2M32.4M12.5M11.9M
Net Debt(3.0M)(26.2M)(58.7M)(53.3M)(40.0M)(38.0M)
Cash7.3M31.3M61.6M56.8M47.5M29.2M
Other Assets1.3M7.4M3.2M3.6M1.00.95
Cash And Short Term Investments14.2M31.5M61.6M56.8M47.5M43.9M
Common Stock Shares Outstanding37.9M40.7M52.5M54.3M56.2M59.0M
Liabilities And Stockholders Equity64.7M72.0M106.6M102.3M96.0M92.6M
Other Stockholder Equity18.3M47K(468K)2.2M2.5M2.8M
Total Liab17.1M19.2M35.5M30.1M31.0M38.3M
Total Current Assets32.2M39.6M74.5M72.4M64.7M56.2M
Short Long Term Debt Total4.2M5.1M2.9M3.5M7.5M7.1M
Other Current Liab7.2M7.4M11.2M7.7M6.2M8.3M
Total Current Liabilities9.7M10.6M16.4M12.5M12.3M13.1M
Property Plant And Equipment Net10.0M11.7M10.4M8.0M10.7M6.7M
Retained Earnings(388.6M)(415.1M)(435.0M)(451.0M)(477.2M)(453.3M)
Accounts Payable818K995K2.7M3.1M2.4M2.9M
Non Current Assets Total32.4M32.4M32.1M30.0M31.2M37.8M
Non Currrent Assets Other1.3M1.1M3.2M3.6M2.1M2.0M
Net Receivables10.9M4.7M8.7M10.0M10.1M5.9M
Non Current Liabilities Total7.5M8.6M19.0M17.6M18.7M30.0M
Inventory5.4M2.4M1.5M1.8M4.0M4.8M
Other Current Assets1.7M1.0M2.7M3.7M3.1M2.2M
Property Plant And Equipment Gross10.0M11.7M10.4M8.0M27.2M28.6M
Accumulated Other Comprehensive Income12K47K(468K)2.2M3.4M3.5M
Short Term Debt1.5M2.0M2.4M1.4M3.6M3.3M
Common Stock436.1M468.0M475.6M481.2M486.3M380.4M
Common Stock Total Equity436.1M468.0M475.6M481.2M553.4M391.3M
Property Plant Equipment4.6M5.1M10.4M4.6M4.2M6.3M
Intangible Assets4.2M2.7M1.2M90K81K77.0K
Other Liab3.2M3.5M16.2M15.4M13.9M14.6M
Net Tangible Assets26.4M33.3M21.7M42.9M49.4M25.1M
Retained Earnings Total Equity(388.6M)(415.1M)(435.0M)(451.0M)(405.9M)(426.2M)
Non Current Liabilities Other7.5M8.6M13.2M14.5M15.2M15.9M
Current Deferred Revenue96K146K179K50K230K138.7K
Net Invested Capital47.5M52.9M40.2M32.4M12.5M11.9M
Net Working Capital22.6M29.0M58.1M59.9M52.4M40.6M
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 Pixelworks 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, Pixelworks' short interest history, or implied volatility extrapolated from Pixelworks options trading.

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When determining whether Pixelworks is a strong investment it is important to analyze Pixelworks' 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 Pixelworks' future performance. For an informed investment choice regarding Pixelworks Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pixelworks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Pixelworks Stock please use our How to Invest in Pixelworks guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Pixelworks' price analysis, check to measure Pixelworks' 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 Pixelworks is operating at the current time. Most of Pixelworks' value examination focuses on studying past and present price action to predict the probability of Pixelworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pixelworks' price. Additionally, you may evaluate how the addition of Pixelworks to your portfolios can decrease your overall portfolio volatility.
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Is Pixelworks' 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 Pixelworks. If investors know Pixelworks 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 Pixelworks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.47)
Revenue Per Share
1.063
Quarterly Revenue Growth
0.189
Return On Assets
(0.18)
Return On Equity
(0.39)
The market value of Pixelworks is measured differently than its book value, which is the value of Pixelworks that is recorded on the company's balance sheet. Investors also form their own opinion of Pixelworks' value that differs from its market value or its book value, called intrinsic value, which is Pixelworks' 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 Pixelworks' market value can be influenced by many factors that don't directly affect Pixelworks' 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 Pixelworks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pixelworks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pixelworks' 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.