Semtech Asset Turnover vs Interest Expense Analysis
SMTC Stock | USD 32.05 0.81 2.47% |
Semtech financial indicator trend analysis is much more than just breaking down Semtech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Semtech is a good investment. Please check the relationship between Semtech Asset Turnover and its Interest Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Semtech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Semtech Stock refer to our How to Trade Semtech Stock guide.
Asset Turnover vs Interest Expense
Asset Turnover vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Semtech Asset Turnover account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Semtech's Asset Turnover and Interest Expense is -0.15. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Semtech, assuming nothing else is changed. The correlation between historical values of Semtech's Asset Turnover and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Semtech are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Asset Turnover i.e., Semtech's Asset Turnover and Interest Expense go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most indicators from Semtech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Semtech 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Semtech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Semtech Stock refer to our How to Trade Semtech Stock guide.At present, Semtech's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.31, whereas Enterprise Value is forecasted to decline to about 8.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 466.1M | 478.6M | 374.0M | 392.7M | Total Revenue | 740.9M | 756.5M | 868.8M | 912.2M |
Semtech fundamental ratios Correlations
Click cells to compare fundamentals
Semtech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Semtech fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.1B | 1.1B | 2.6B | 1.4B | 1.4B | |
Short Long Term Debt Total | 194.7M | 179.2M | 175.7M | 1.3B | 1.4B | 1.5B | |
Other Current Liab | 34.8M | 51.5M | 60.7M | 226.3M | 117.7M | 123.6M | |
Total Current Liabilities | 98.6M | 109.6M | 128.4M | 396.9M | 217.2M | 228.0M | |
Total Stockholder Equity | 676.3M | 698.7M | 737.6M | 755.9M | (307.4M) | (292.1M) | |
Property Plant And Equipment Net | 124.4M | 130.9M | 134.9M | 169.3M | 177.5M | 186.4M | |
Net Debt | (98.6M) | (89.7M) | (103.9M) | 1.1B | 1.3B | 1.3B | |
Retained Earnings | 611.6M | 671.2M | 796.9M | 858.2M | (233.8M) | (222.1M) | |
Cash | 293.3M | 268.9M | 279.6M | 235.5M | 128.6M | 136.3M | |
Non Current Assets Total | 591.0M | 607.4M | 628.6M | 1.8B | 839.5M | 881.5M | |
Non Currrent Assets Other | 53.3M | 60.9M | 70.4M | 71.6M | 24.2M | 37.5M | |
Cash And Short Term Investments | 293.3M | 268.9M | 279.6M | 235.5M | 143.1M | 182.4M | |
Net Receivables | 61.9M | 70.4M | 71.5M | 161.7M | 151.6M | 159.2M | |
Common Stock Shares Outstanding | 67.4M | 66.1M | 65.6M | 64.0M | 64.1M | 63.6M | |
Liabilities And Stockholders Equity | 1.1B | 1.1B | 1.1B | 2.6B | 1.4B | 1.4B | |
Non Current Liabilities Total | 276.6M | 273.6M | 264.7M | 1.4B | 1.5B | 1.5B | |
Inventory | 73.0M | 87.5M | 114.0M | 207.7M | 145.0M | 152.2M | |
Other Stockholder Equity | 70.0M | 34.9M | (58.0M) | (106.5M) | (71.4M) | (67.9M) | |
Total Liab | 375.2M | 383.1M | 393.1M | 1.8B | 1.7B | 1.8B | |
Property Plant And Equipment Gross | 135.4M | 130.9M | 389.7M | 427.3M | 437.3M | 459.2M | |
Total Current Assets | 460.7M | 474.7M | 502.3M | 722.8M | 534.2M | 287.8M | |
Accumulated Other Comprehensive Income | (6.2M) | (8.2M) | (2.1M) | 3.4M | (3.0M) | (3.1M) | |
Short Term Debt | 3.3M | 4.0M | 4.0M | 43.1M | 6.6M | 12.0M | |
Other Current Assets | 21.8M | 25.8M | 31.2M | 111.6M | 94.5M | 99.2M | |
Accounts Payable | 48.0M | 50.2M | 50.7M | 100.7M | 45.1M | 25.3M | |
Current Deferred Revenue | 12.5M | 3.9M | 13.0M | 26.8M | 47.8M | 50.2M | |
Short Term Investments | 10.7M | 12.0M | 12.4M | 12.6M | 14.5M | 13.8M | |
Other Liab | 57.4M | 73.7M | 80.3M | 93.1M | 107.0M | 112.4M | |
Other Assets | 62.0M | 69.0M | 135.7M | 1.0 | 1.15 | 1.09 | |
Long Term Debt | 194.7M | 179.2M | 171.7M | 1.3B | 1.4B | 1.4B | |
Property Plant Equipment | 118.5M | 124.4M | 147.3M | 134.9M | 155.2M | 85.3M | |
Treasury Stock | (346.2M) | (387.9M) | (438.8M) | (549.9M) | (494.9M) | (470.2M) | |
Intangible Assets | 20.0M | 11.7M | 6.8M | 215.1M | 35.6M | 33.8M | |
Net Tangible Assets | 305.8M | 335.9M | 379.6M | (741.0M) | (666.9M) | (633.5M) | |
Retained Earnings Total Equity | 574.9M | 611.6M | 671.2M | 796.9M | 916.4M | 524.1M |
Currently Active Assets on Macroaxis
When determining whether Semtech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Semtech'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 Semtech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Semtech Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Semtech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Semtech Stock refer to our How to Trade Semtech Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Semtech Stock analysis
When running Semtech's price analysis, check to measure Semtech'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 Semtech is operating at the current time. Most of Semtech's value examination focuses on studying past and present price action to predict the probability of Semtech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Semtech's price. Additionally, you may evaluate how the addition of Semtech to your portfolios can decrease your overall portfolio volatility.
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Transaction History View history of all your transactions and understand their impact on performance | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
Is Semtech'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 Semtech. If investors know Semtech 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 Semtech 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 (0.33) | Earnings Share (17.03) | Revenue Per Share 13.547 | Quarterly Revenue Growth 0.152 | Return On Assets (0.01) |
The market value of Semtech is measured differently than its book value, which is the value of Semtech that is recorded on the company's balance sheet. Investors also form their own opinion of Semtech's value that differs from its market value or its book value, called intrinsic value, which is Semtech'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 Semtech's market value can be influenced by many factors that don't directly affect Semtech'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 Semtech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Semtech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Semtech'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.