Qorvo Short Long Term Debt vs Short Term Debt Analysis

QRVO Stock  USD 95.67  16.22  14.50%   
Qorvo financial indicator trend analysis is much more than just breaking down Qorvo Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qorvo Inc is a good investment. Please check the relationship between Qorvo Short Long Term Debt and its Short Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qorvo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Short Long Term Debt vs Short Term Debt

Short Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qorvo Inc Short Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Qorvo's Short Long Term Debt and Short Term Debt is 0.84. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Qorvo Inc, assuming nothing else is changed. The correlation between historical values of Qorvo's Short Long Term Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Qorvo Inc are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Short Long Term Debt i.e., Qorvo's Short Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Short Term Debt

Most indicators from Qorvo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qorvo Inc 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 Qorvo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
As of the 2nd of May 2024, Issuance Of Capital Stock is likely to grow to about 32.8 M, while Selling General Administrative is likely to drop about 280.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.3B1.3B1.5B769.7M
Total Revenue4.6B3.6B4.1B4.3B

Qorvo fundamental ratios Correlations

0.760.890.870.510.820.810.680.79-0.250.850.790.860.570.810.870.840.980.930.670.980.850.830.890.850.82
0.760.770.470.490.510.650.850.84-0.390.940.590.850.170.410.570.840.810.680.830.680.710.580.620.580.75
0.890.770.630.680.840.940.840.93-0.520.910.620.960.190.540.760.760.930.840.790.810.90.90.860.710.9
0.870.470.630.260.810.590.360.440.030.530.770.540.780.980.890.660.790.860.290.940.670.70.80.790.62
0.510.490.680.260.530.680.760.74-0.580.620.390.73-0.130.090.390.40.590.450.650.440.540.680.640.270.73
0.820.510.840.810.530.810.610.66-0.340.640.580.720.370.740.890.640.790.850.470.820.770.870.90.720.82
0.810.650.940.590.680.810.70.85-0.560.790.520.880.080.490.760.650.850.820.640.720.80.970.810.690.84
0.680.850.840.360.760.610.70.88-0.470.890.530.880.00.240.470.710.750.560.860.570.750.640.720.410.82
0.790.840.930.440.740.660.850.88-0.620.950.450.990.010.330.640.780.870.740.940.690.810.780.710.640.92
-0.25-0.39-0.520.03-0.58-0.34-0.56-0.47-0.62-0.490.03-0.560.530.12-0.37-0.28-0.37-0.42-0.57-0.17-0.46-0.43-0.3-0.27-0.55
0.850.940.910.530.620.640.790.890.95-0.490.610.960.150.450.660.810.920.770.910.750.820.730.710.650.87
0.790.590.620.770.390.580.520.530.450.030.610.550.650.730.590.510.740.640.340.790.540.570.690.430.5
0.860.850.960.540.730.720.880.880.99-0.560.960.550.120.430.70.810.920.790.920.760.850.820.770.690.93
0.570.170.190.78-0.130.370.080.00.010.530.150.650.120.830.460.450.430.44-0.020.680.270.220.450.510.15
0.810.410.540.980.090.740.490.240.330.120.450.730.430.830.850.620.710.810.190.90.60.60.720.780.51
0.870.570.760.890.390.890.760.470.64-0.370.660.590.70.460.850.720.840.970.470.910.770.80.830.870.79
0.840.840.760.660.40.640.650.710.78-0.280.810.510.810.450.620.720.830.790.750.810.790.630.740.820.77
0.980.810.930.790.590.790.850.750.87-0.370.920.740.920.430.710.840.830.920.770.940.870.840.860.820.87
0.930.680.840.860.450.850.820.560.74-0.420.770.640.790.440.810.970.790.920.580.930.830.830.860.920.81
0.670.830.790.290.650.470.640.860.94-0.570.910.340.92-0.020.190.470.750.770.580.570.730.540.540.530.84
0.980.680.810.940.440.820.720.570.69-0.170.750.790.760.680.90.910.810.940.930.570.80.780.870.860.78
0.850.710.90.670.540.770.80.750.81-0.460.820.540.850.270.60.770.790.870.830.730.80.790.820.760.83
0.830.580.90.70.680.870.970.640.78-0.430.730.570.820.220.60.80.630.840.830.540.780.790.850.70.84
0.890.620.860.80.640.90.810.720.71-0.30.710.690.770.450.720.830.740.860.860.540.870.820.850.770.77
0.850.580.710.790.270.720.690.410.64-0.270.650.430.690.510.780.870.820.820.920.530.860.760.70.770.67
0.820.750.90.620.730.820.840.820.92-0.550.870.50.930.150.510.790.770.870.810.840.780.830.840.770.67
Click cells to compare fundamentals

Qorvo Account Relationship Matchups

Qorvo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B7.2B7.5B6.7B7.7B8.1B
Other Current Liab74.2M112.7M347.2M345.1M396.8M416.7M
Total Current Liabilities539.0M681.6M675.1M555.8M639.1M671.1M
Total Stockholder Equity4.3B4.6B4.6B3.9B4.5B2.4B
Retained Earnings0.0355.0M512.1M84.5M76.0M79.8M
Accounts Payable247.0M313.9M327.9M210.7M242.3M137.5M
Cash714.9M1.4B972.6M808.8M930.1M976.6M
Other Assets100.2M119.5M324.1M193.4M222.4M233.5M
Long Term Debt1.6B1.7B2.0B2.0B2.4B2.5B
Short Term Investments459K3.8M2.9M1.1M984.6K935.4K
Inventory517.2M507.8M755.7M796.6M916.1M961.9M
Other Current Assets91.2M120.7M152.7M119.9M137.9M144.8M
Total Liab2.3B2.6B3.0B2.8B3.2B3.4B
Intangible Assets808.9M611.2M674.8M537.7M618.4M555.3M
Common Stock4.3B4.2B4.0B3.8B4.4B2.5B
Property Plant Equipment1.3B1.3B1.3B1.1B1.3B688.2M
Other Liab103.7M114.7M233.6M185.3M213.1M223.7M
Good Will2.6B2.6B2.8B2.8B3.2B3.3B
Property Plant And Equipment Net1.3B1.3B1.3B1.1B1.3B1.1B
Net Debt852.3M344.7M1.1B1.2B1.4B1.5B
Non Current Assets Total4.9B4.7B5.1B4.7B5.4B4.4B
Non Currrent Assets Other119.5M123.3M287.3M155.3M178.6M187.6M
Cash And Short Term Investments714.9M1.4B972.6M808.8M930.1M765.8M
Net Receivables367.2M457.4M568.9M304.5M350.2M379.2M
Common Stock Shares Outstanding119.3M116.0M111.5M103.0M118.5M120.8M
Non Current Liabilities Total1.7B1.9B2.3B2.2B2.6B1.3B
Other Stockholder Equity288K29.6M5.2M(3.2M)(2.9M)(2.7M)
Total Current Assets1.7B2.5B2.4B2.0B2.3B1.8B
Short Long Term Debt Total1.6B1.7B2.0B2.0B2.4B1.4B
Net Tangible Assets869.5M1.4B1.1B604.3M543.9M967.0M
Common Stock Total Equity4.3B4.2B4.0B3.8B3.4B3.6B
Liabilities And Stockholders Equity6.6B7.2B7.5B6.7B7.7B6.7B
Long Term Investments22.5M35.4M31.1M20.4M23.5M37.4M
Property Plant And Equipment Gross1.3B1.3B3.0B3.1B3.5B3.7B
Accumulated Other Comprehensive Income2.3M29.6M5.2M(3.2M)(3.7M)(3.5M)

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When determining whether Qorvo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qorvo'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 Qorvo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qorvo Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qorvo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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Is Qorvo'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 Qorvo. If investors know Qorvo 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 Qorvo 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
(0.46)
Earnings Share
(2.08)
Revenue Per Share
35.191
Quarterly Revenue Growth
0.445
Return On Assets
0.0159
The market value of Qorvo Inc is measured differently than its book value, which is the value of Qorvo that is recorded on the company's balance sheet. Investors also form their own opinion of Qorvo's value that differs from its market value or its book value, called intrinsic value, which is Qorvo'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 Qorvo's market value can be influenced by many factors that don't directly affect Qorvo'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 Qorvo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qorvo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qorvo'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.