STMicroelectronics Property Plant And Equipment Net vs Common Stock Shares Outstanding Analysis

STM Stock  USD 28.99  1.02  3.65%   
STMicroelectronics financial indicator trend analysis is much more than just breaking down STMicroelectronics NV ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether STMicroelectronics NV ADR is a good investment. Please check the relationship between STMicroelectronics Property Plant And Equipment Net and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STMicroelectronics NV ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of STMicroelectronics NV ADR Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between STMicroelectronics' Property Plant And Equipment Net and Common Stock Shares Outstanding is 0.73. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of STMicroelectronics NV ADR, assuming nothing else is changed. The correlation between historical values of STMicroelectronics' Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of STMicroelectronics NV ADR are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., STMicroelectronics' Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from STMicroelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into STMicroelectronics NV ADR 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 STMicroelectronics NV ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, STMicroelectronics' Tax Provision is very stable compared to the past year. As of the 20th of September 2024, Sales General And Administrative To Revenue is likely to grow to 0.10, while Enterprise Value Over EBITDA is likely to drop 6.05.
 2021 2022 2023 2024 (projected)
Total Revenue12.8B16.1B17.3B9.3B
Depreciation And Amortization1.3B1.5B1.6B831.0M

STMicroelectronics fundamental ratios Correlations

0.660.680.260.50.80.730.27-0.210.720.540.690.660.650.840.630.70.720.670.470.030.70.66-0.050.350.77
0.660.920.460.880.820.80.37-0.290.770.930.91.00.760.820.820.680.770.980.52-0.070.940.990.220.310.71
0.680.920.30.870.760.730.47-0.240.690.920.910.920.670.80.940.60.820.920.35-0.150.960.910.240.540.54
0.260.460.30.440.390.35-0.53-0.190.370.320.240.450.430.330.150.390.020.490.530.230.260.470.36-0.180.45
0.50.880.870.440.70.70.48-0.440.650.890.840.880.660.710.830.530.550.870.44-0.30.880.880.610.320.42
0.80.820.760.390.70.990.26-0.160.990.760.680.830.50.980.680.940.570.750.82-0.180.720.80.170.120.84
0.730.80.730.350.70.990.29-0.160.990.770.640.80.430.970.660.940.530.710.85-0.210.70.780.20.040.8
0.270.370.47-0.530.480.260.29-0.190.220.440.540.370.310.340.550.140.520.32-0.11-0.40.570.370.210.410.04
-0.21-0.29-0.24-0.19-0.44-0.16-0.16-0.19-0.11-0.35-0.53-0.25-0.46-0.15-0.340.1-0.07-0.4-0.140.16-0.29-0.34-0.330.090.01
0.720.770.690.370.650.990.990.22-0.110.720.590.780.390.950.60.950.480.680.88-0.210.640.750.190.00.82
0.540.930.920.320.890.760.770.44-0.350.720.860.940.60.750.920.580.710.910.45-0.250.910.920.230.380.52
0.690.90.910.240.840.680.640.54-0.530.590.860.870.810.730.870.450.820.930.29-0.080.940.920.210.40.53
0.661.00.920.450.880.830.80.37-0.250.780.940.870.720.820.830.690.760.970.52-0.110.930.980.230.340.7
0.650.760.670.430.660.50.430.31-0.460.390.60.810.720.570.580.370.720.80.190.190.780.790.080.30.6
0.840.820.80.330.710.980.970.34-0.150.950.750.730.820.570.70.930.650.750.75-0.140.770.810.160.170.85
0.630.820.940.150.830.680.660.55-0.340.60.920.870.830.580.70.470.770.840.24-0.320.910.80.230.640.36
0.70.680.60.390.530.940.940.140.10.950.580.450.690.370.930.470.460.560.84-0.10.560.650.110.00.88
0.720.770.820.020.550.570.530.52-0.070.480.710.820.760.720.650.770.460.770.080.130.880.77-0.230.590.59
0.670.980.920.490.870.750.710.32-0.40.680.910.930.970.80.750.840.560.770.43-0.010.930.980.210.340.64
0.470.520.350.530.440.820.85-0.11-0.140.880.450.290.520.190.750.240.840.080.43-0.030.30.510.24-0.430.73
0.03-0.07-0.150.23-0.3-0.18-0.21-0.40.16-0.21-0.25-0.08-0.110.19-0.14-0.32-0.10.13-0.01-0.03-0.09-0.02-0.42-0.310.21
0.70.940.960.260.880.720.70.57-0.290.640.910.940.930.780.770.910.560.880.930.3-0.090.940.210.520.57
0.660.990.910.470.880.80.780.37-0.340.750.920.920.980.790.810.80.650.770.980.51-0.020.940.210.270.71
-0.050.220.240.360.610.170.20.21-0.330.190.230.210.230.080.160.230.11-0.230.210.24-0.420.210.210.0-0.17
0.350.310.54-0.180.320.120.040.410.090.00.380.40.340.30.170.640.00.590.34-0.43-0.310.520.270.0-0.06
0.770.710.540.450.420.840.80.040.010.820.520.530.70.60.850.360.880.590.640.730.210.570.71-0.17-0.06
Click cells to compare fundamentals

STMicroelectronics Account Relationship Matchups

STMicroelectronics fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding903.6M919.7M923.8M912.3M944.2M984.9M
Total Assets11.9B15.3B16.4B21.0B24.5B13.3B
Short Long Term Debt Total2.1B2.6B2.5B3.4B2.9B2.2B
Other Current Liab878M732M125M1.4B1.4B804.4M
Total Current Liabilities2.1B3.8B3.0B4.7B3.7B2.6B
Total Stockholder Equity7.0B8.3B9.5B13.4B16.7B17.6B
Property Plant And Equipment Net4.0B4.8B5.8B8.3B10.6B11.1B
Current Deferred Revenue63M1.1B1.1B225M230M336.4M
Net Debt(525M)(389M)(691M)(686M)(295M)(280.3M)
Retained Earnings2.7B3.2B4.5B8.4B12.5B13.1B
Accounts Payable950M1.2B1.6B2.1B1.9B1.1B
Cash2.6B3.0B3.2B3.3B3.2B2.3B
Non Current Assets Total5.6B7.6B8.6B11.2B12.6B7.0B
Cash And Short Term Investments2.7B3.8B3.5B4.6B6.1B6.4B
Net Receivables1.4B1.8B2.2B2.6B1.7B1.7B
Short Term Investments137M840M297M1.3B2.9B3.0B
Liabilities And Stockholders Equity11.9B15.3B16.4B21.0B24.5B13.3B
Non Current Liabilities Total2.7B3.2B3.9B2.8B3.9B2.6B
Inventory1.7B1.8B2.0B2.6B2.7B1.5B
Other Current Assets442M53M42M734M1.3B1.4B
Other Stockholder Equity2.7B2.2B2.1B2.0B2.5B2.1B
Total Liab4.8B7.0B6.8B7.5B7.6B5.1B
Total Current Assets6.3B7.7B7.8B9.8B11.8B6.3B
Accumulated Other Comprehensive Income1.2B475M1.7B1.7B1.9B688.7M
Short Term Debt173M796M143M885M217M369.4M
Intangible Assets299M1.3B1.4B1.5B367M675.2M
Other Liab791M642M927M922M1.1B619.8M
Other Assets1.0B1.4B1.3B787M905.1M684.7M
Long Term Debt1.9B1.8B2.4B2.5B2.7B1.5B
Property Plant Equipment4.0B4.6B5.7B8.2B7.4B3.8B
Property Plant And Equipment Gross4.0B4.6B23.8B26.5B30.0B31.5B
Treasury Stock(141M)(328M)(93M)(200M)(230M)(241.5M)
Good Will162M312M295M279M303M271.6M
Long Term Investments80M34M10M11M53M44.4M
Short Long Term Debt173M795M143M175M217M249.5M
Net Tangible Assets6.7B6.6B7.7B8.5B9.7B6.7B

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Additional Information and Resources on Investing in STMicroelectronics Stock

When determining whether STMicroelectronics NV ADR is a strong investment it is important to analyze STMicroelectronics' 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 STMicroelectronics' future performance. For an informed investment choice regarding STMicroelectronics Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STMicroelectronics NV ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Semiconductors & Semiconductor Equipment space 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 STMicroelectronics. If investors know STMicroelectronics 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 STMicroelectronics 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
(0.64)
Dividend Share
0.36
Earnings Share
3.8
Revenue Per Share
17.064
Quarterly Revenue Growth
(0.25)
The market value of STMicroelectronics NV ADR is measured differently than its book value, which is the value of STMicroelectronics that is recorded on the company's balance sheet. Investors also form their own opinion of STMicroelectronics' value that differs from its market value or its book value, called intrinsic value, which is STMicroelectronics' 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 STMicroelectronics' market value can be influenced by many factors that don't directly affect STMicroelectronics' 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 STMicroelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if STMicroelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STMicroelectronics' 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.