Skyworks Historical Balance Sheet
SWKS Stock | USD 92.16 0.95 1.04% |
Trend analysis of Skyworks Solutions balance sheet accounts such as Total Stockholder Equity of 7.3 B, Property Plant And Equipment Net of 1.7 B, Net Debt of 541.9 M or Retained Earnings of 7.1 B provides information on Skyworks Solutions' total assets, liabilities, and equity, which is the actual value of Skyworks Solutions to its prevalent stockholders. By breaking down trends over time using Skyworks Solutions balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Skyworks Solutions latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Skyworks Solutions is a good buy for the upcoming year.
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About Skyworks Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Skyworks Solutions at a specified time, usually calculated after every quarter, six months, or one year. Skyworks Solutions Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Skyworks Solutions and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Skyworks currently owns. An asset can also be divided into two categories, current and non-current.
Skyworks Solutions Balance Sheet Chart
Skyworks Solutions Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Skyworks Solutions uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Skyworks Solutions' Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 6.9 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 188.3 M in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of Skyworks Solutions assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Skyworks Solutions books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Skyworks Solutions balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Skyworks Solutions are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Skyworks Solutions' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Skyworks Solutions current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Skyworks Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Skyworks Stock please use our How to Invest in Skyworks Solutions guide.At this time, Skyworks Solutions' Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 6.9 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 188.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.7B | 1.3B | 1.5B | 1.6B | Total Assets | 8.9B | 8.4B | 9.7B | 10.2B |
Skyworks Solutions balance sheet Correlations
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Skyworks Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Skyworks Solutions balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.1B | 8.6B | 8.9B | 8.4B | 9.7B | 10.2B | |
Other Current Liab | 667.1M | 45.9M | 234.9M | 892.6M | 1.0B | 1.1B | |
Total Current Liabilities | 942.5M | 1.1B | 1.3B | 1.1B | 1.2B | 1.3B | |
Total Stockholder Equity | 4.2B | 5.3B | 5.5B | 6.1B | 7.0B | 7.3B | |
Property Plant And Equipment Net | 1.2B | 1.5B | 1.6B | 1.4B | 1.6B | 1.7B | |
Net Debt | (829.3M) | 1.4B | 2.1B | 573.4M | 516.1M | 541.9M | |
Retained Earnings | 4.8B | 5.2B | 5.4B | 5.9B | 6.8B | 7.1B | |
Cash | 980M | 882.9M | 566M | 718.8M | 826.6M | 868.0M | |
Non Current Assets Total | 2.9B | 5.9B | 6.0B | 5.7B | 6.6B | 6.9B | |
Non Currrent Assets Other | 373.8M | 418.8M | 739.5M | 915.3M | 1.1B | 1.1B | |
Cash And Short Term Investments | 980M | 1.0B | 586.8M | 738.5M | 849.3M | 891.7M | |
Net Receivables | 393.6M | 756.2M | 1.1B | 864.3M | 993.9M | 1.0B | |
Common Stock Shares Outstanding | 169.9M | 167M | 163.3M | 160.3M | 184.3M | 123.8M | |
Liabilities And Stockholders Equity | 5.1B | 8.6B | 8.9B | 8.4B | 9.7B | 10.2B | |
Non Current Liabilities Total | 182.8M | 2.2B | 2.2B | 1.3B | 1.5B | 1.6B | |
Inventory | 806M | 885M | 1.2B | 1.1B | 1.3B | 1.4B | |
Other Current Assets | 143.2M | 204.1M | 95.2M | 461.1M | 530.3M | 556.8M | |
Other Stockholder Equity | (689.8M) | 77.9M | 11.9M | 172.4M | 198.3M | 188.3M | |
Total Liab | 942.5M | 3.3B | 3.4B | 2.3B | 2.7B | 2.8B | |
Total Current Assets | 2.2B | 2.7B | 2.9B | 2.7B | 3.1B | 3.3B | |
Accounts Payable | 226.9M | 236M | 274.2M | 159.2M | 183.1M | 111.1M | |
Short Term Investments | 408.1M | 137.2M | 20.3M | 15.6M | 17.9M | 17.0M | |
Common Stock | 41.4M | 41.3M | 40M | 39.9M | 45.9M | 38.5M | |
Other Liab | 343.3M | 343.4M | 255M | 281.1M | 323.3M | 339.4M | |
Other Assets | 74.1M | 123.2M | 11.3B | 792.7M | 911.6M | 615.5M | |
Treasury Stock | (2.7B) | (3.4B) | (4.1B) | (1.7M) | (1.5M) | (1.6M) | |
Property Plant Equipment | 1.2B | 1.4B | 1.5B | 1.6B | 1.8B | 1.9B | |
Property Plant And Equipment Gross | 1.4B | 3.9B | 4.3B | 4.4B | 5.0B | 5.3B | |
Intangible Assets | 53.5M | 1.7B | 1.4B | 1.2B | 1.4B | 1.5B | |
Common Stock Total Equity | 42.5M | 41.4M | 41.3M | 40M | 46M | 47.1M | |
Net Tangible Assets | 2.8B | 2.9B | 1.4B | 1.8B | 2.1B | 2.1B | |
Retained Earnings Total Equity | 4.3B | 4.8B | 5.2B | 5.4B | 6.2B | 6.5B | |
Capital Surpluse | 3.2B | 3.4B | 79.6M | 11.9M | 10.7M | 10.2M | |
Non Current Liabilities Other | 32.1M | 32.2M | 67.6M | 43.9M | 50.5M | 91.6M |
Pair Trading with Skyworks Solutions
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Skyworks Solutions position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Skyworks Solutions will appreciate offsetting losses from the drop in the long position's value.Moving together with Skyworks Stock
0.74 | ENTG | Entegris | PairCorr |
Moving against Skyworks Stock
0.66 | FSLR | First Solar Trending | PairCorr |
0.61 | TER | Teradyne Tech Boost | PairCorr |
The ability to find closely correlated positions to Skyworks Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skyworks Solutions when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Skyworks Solutions - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Skyworks Solutions to buy it.
The correlation of Skyworks Solutions is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Skyworks Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skyworks Solutions moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Skyworks Solutions can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyworks Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Skyworks Stock please use our How to Invest in Skyworks Solutions guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Skyworks Stock analysis
When running Skyworks Solutions' price analysis, check to measure Skyworks Solutions' 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 Skyworks Solutions is operating at the current time. Most of Skyworks Solutions' value examination focuses on studying past and present price action to predict the probability of Skyworks Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyworks Solutions' price. Additionally, you may evaluate how the addition of Skyworks Solutions to your portfolios can decrease your overall portfolio volatility.
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Is Skyworks Solutions' 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 Skyworks Solutions. If investors know Skyworks 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 Skyworks Solutions 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 (0.22) | Dividend Share 2.66 | Earnings Share 5.31 | Revenue Per Share 28.413 | Quarterly Revenue Growth (0.09) |
The market value of Skyworks Solutions is measured differently than its book value, which is the value of Skyworks that is recorded on the company's balance sheet. Investors also form their own opinion of Skyworks Solutions' value that differs from its market value or its book value, called intrinsic value, which is Skyworks Solutions' 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 Skyworks Solutions' market value can be influenced by many factors that don't directly affect Skyworks Solutions' 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 Skyworks Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyworks Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyworks Solutions' 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.