Semtech Income Tax Expense vs Cost of Revenue Analysis

SMTC Stock  USD 33.90  1.26  3.86%   
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 Income Tax Expense and its Cost Of Revenue 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.

Income Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Semtech Income Tax Expense account and Cost of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Semtech's Income Tax Expense and Cost of Revenue is 0.61. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Semtech, assuming nothing else is changed. The correlation between historical values of Semtech's Income Tax Expense and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Semtech are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Income Tax Expense i.e., Semtech's Income Tax Expense and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Tax Expense

Cost Of Revenue

Cost of Revenue is found on Semtech income statement and represents the costs associated with goods and services Semtech provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 0.27, whereas Enterprise Value is forecasted to decline to about 8.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit466.1M478.6M374.0M392.7M
Total Revenue740.9M756.5M868.8M912.2M

Semtech fundamental ratios Correlations

0.710.940.970.130.810.640.290.310.990.490.30.840.520.740.93-0.480.790.730.820.570.810.890.540.58-0.03
0.710.850.83-0.580.730.98-0.44-0.30.71-0.02-0.220.940.170.980.85-0.680.980.840.360.250.970.380.920.30.11
0.940.850.99-0.130.740.810.050.020.950.340.030.890.260.860.94-0.650.90.80.650.490.920.750.670.35-0.02
0.970.830.99-0.070.780.780.090.090.980.350.090.890.350.850.95-0.580.890.780.690.590.890.80.650.44-0.06
0.13-0.58-0.13-0.07-0.15-0.670.960.790.110.50.72-0.370.42-0.56-0.160.47-0.5-0.40.450.32-0.460.47-0.710.290.04
0.810.730.740.78-0.150.67-0.030.320.740.480.320.880.660.790.87-0.470.80.830.690.210.790.60.740.73-0.1
0.640.980.810.78-0.670.67-0.53-0.430.66-0.08-0.390.90.010.980.81-0.720.970.830.230.230.950.310.920.15-0.05
0.29-0.440.050.090.96-0.03-0.530.750.260.570.68-0.210.39-0.410.030.22-0.34-0.190.560.31-0.280.61-0.590.290.05
0.31-0.30.020.090.790.32-0.430.750.210.730.96-0.030.79-0.260.070.41-0.21-0.090.670.18-0.20.49-0.310.7-0.01
0.990.710.950.980.110.740.660.260.210.440.180.810.40.750.91-0.510.80.70.750.630.80.890.520.47-0.1
0.49-0.020.340.350.50.48-0.080.570.730.440.640.170.480.080.37-0.050.120.250.610.10.130.540.040.43-0.26
0.3-0.220.030.090.720.32-0.390.680.960.180.640.010.84-0.220.080.4-0.18-0.070.650.12-0.150.42-0.250.730.25
0.840.940.890.89-0.370.880.9-0.21-0.030.810.170.010.380.950.94-0.660.960.890.570.310.960.570.850.490.04
0.520.170.260.350.420.660.010.390.790.40.480.840.380.160.380.240.190.240.740.290.180.510.120.970.15
0.740.980.860.85-0.560.790.98-0.41-0.260.750.08-0.220.950.160.89-0.721.00.880.380.250.980.430.930.3-0.05
0.930.850.940.95-0.160.870.810.030.070.910.370.080.940.380.89-0.720.910.920.680.360.940.730.750.48-0.01
-0.48-0.68-0.65-0.580.47-0.47-0.720.220.41-0.51-0.050.4-0.660.24-0.72-0.72-0.71-0.83-0.190.13-0.78-0.32-0.690.12-0.03
0.790.980.90.89-0.50.80.97-0.34-0.210.80.12-0.180.960.191.00.91-0.710.880.430.30.990.490.910.32-0.05
0.730.840.80.78-0.40.830.83-0.19-0.090.70.25-0.070.890.240.880.92-0.830.880.480.10.910.480.860.360.0
0.820.360.650.690.450.690.230.560.670.750.610.650.570.740.380.68-0.190.430.480.380.470.890.220.790.14
0.570.250.490.590.320.210.230.310.180.630.10.120.310.290.250.360.130.30.10.380.240.6-0.030.28-0.24
0.810.970.920.89-0.460.790.95-0.28-0.20.80.13-0.150.960.180.980.94-0.780.990.910.470.240.520.890.30.05
0.890.380.750.80.470.60.310.610.490.890.540.420.570.510.430.73-0.320.490.480.890.60.520.180.56-0.07
0.540.920.670.65-0.710.740.92-0.59-0.310.520.04-0.250.850.120.930.75-0.690.910.860.22-0.030.890.180.260.0
0.580.30.350.440.290.730.150.290.70.470.430.730.490.970.30.480.120.320.360.790.280.30.560.260.14
-0.030.11-0.02-0.060.04-0.1-0.050.05-0.01-0.1-0.260.250.040.15-0.05-0.01-0.03-0.050.00.14-0.240.05-0.070.00.14
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Semtech Account Relationship Matchups

Semtech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B2.6B1.4B1.4B
Short Long Term Debt Total194.7M179.2M175.7M1.3B1.4B1.5B
Other Current Liab34.8M51.5M60.7M226.3M117.7M123.6M
Total Current Liabilities98.6M109.6M128.4M396.9M217.2M228.0M
Total Stockholder Equity676.3M698.7M737.6M755.9M(307.4M)(292.1M)
Property Plant And Equipment Net124.4M130.9M134.9M169.3M177.5M186.4M
Net Debt(98.6M)(89.7M)(103.9M)1.1B1.3B1.3B
Retained Earnings611.6M671.2M796.9M858.2M(233.8M)(222.1M)
Cash293.3M268.9M279.6M235.5M128.6M136.3M
Non Current Assets Total591.0M607.4M628.6M1.8B839.5M881.5M
Non Currrent Assets Other53.3M60.9M70.4M71.6M24.2M37.5M
Cash And Short Term Investments293.3M268.9M279.6M235.5M143.1M182.4M
Net Receivables61.9M70.4M71.5M161.7M151.6M159.2M
Common Stock Shares Outstanding67.4M66.1M65.6M64.0M64.1M63.6M
Liabilities And Stockholders Equity1.1B1.1B1.1B2.6B1.4B1.4B
Non Current Liabilities Total276.6M273.6M264.7M1.4B1.5B1.5B
Inventory73.0M87.5M114.0M207.7M145.0M152.2M
Other Stockholder Equity70.0M34.9M(58.0M)(106.5M)(71.4M)(67.9M)
Total Liab375.2M383.1M393.1M1.8B1.7B1.8B
Property Plant And Equipment Gross135.4M130.9M389.7M427.3M437.3M459.2M
Total Current Assets460.7M474.7M502.3M722.8M534.2M287.8M
Accumulated Other Comprehensive Income(6.2M)(8.2M)(2.1M)3.4M(3.0M)(3.1M)
Short Term Debt3.3M4.0M4.0M43.1M6.6M12.0M
Other Current Assets21.8M25.8M31.2M111.6M94.5M99.2M
Accounts Payable48.0M50.2M50.7M100.7M45.1M25.3M
Current Deferred Revenue12.5M3.9M13.0M26.8M47.8M50.2M
Short Term Investments10.7M12.0M12.4M12.6M14.5M13.8M
Other Liab57.4M73.7M80.3M93.1M107.0M112.4M
Other Assets62.0M69.0M135.7M1.01.151.09
Long Term Debt194.7M179.2M171.7M1.3B1.4B1.4B
Property Plant Equipment118.5M124.4M147.3M134.9M155.2M85.3M
Treasury Stock(346.2M)(387.9M)(438.8M)(549.9M)(494.9M)(470.2M)
Intangible Assets20.0M11.7M6.8M215.1M35.6M33.8M
Net Tangible Assets305.8M335.9M379.6M(741.0M)(666.9M)(633.5M)
Retained Earnings Total Equity574.9M611.6M671.2M796.9M916.4M524.1M

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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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.
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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.