Skyworks Other Stockholder Equity vs Other Current Assets Analysis

SWKS Stock  USD 104.30  1.35  1.31%   
Skyworks Solutions financial indicator trend analysis is much more than just breaking down Skyworks Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skyworks Solutions is a good investment. Please check the relationship between Skyworks Solutions Other Stockholder Equity and its Other Current Assets accounts. 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.

Other Stockholder Equity vs Other Current Assets

Other Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skyworks Solutions Other Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Skyworks Solutions' Other Stockholder Equity and Other Current Assets is -0.39. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Skyworks Solutions, assuming nothing else is changed. The correlation between historical values of Skyworks Solutions' Other Stockholder Equity and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Skyworks Solutions are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Stockholder Equity i.e., Skyworks Solutions' Other Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Skyworks Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 148.7 M in 2024, whereas Enterprise Value Multiple is likely to drop 9.87 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense47.9M64.4M74.1M77.8M
Depreciation And Amortization718.3M613.7M705.8M741.0M

Skyworks Solutions fundamental ratios Correlations

0.840.710.950.970.950.640.950.290.990.90.320.960.150.880.970.82-0.50.930.930.790.34-0.10.060.270.77
0.840.350.820.710.740.920.7-0.060.880.76-0.030.84-0.050.990.810.54-0.410.970.650.80.250.24-0.140.030.48
0.710.350.750.780.690.240.80.180.710.840.150.63-0.040.410.790.9-0.520.530.650.62-0.04-0.660.140.090.7
0.950.820.750.910.940.660.940.210.950.890.220.890.060.860.970.76-0.630.920.850.780.36-0.070.20.170.81
0.970.710.780.910.950.460.950.420.940.870.450.930.250.760.950.84-0.460.830.960.720.36-0.230.110.370.8
0.950.740.690.940.950.510.970.410.920.780.460.910.190.790.930.71-0.620.850.950.680.47-0.040.30.290.89
0.640.920.240.660.460.510.5-0.440.730.67-0.40.66-0.280.90.640.43-0.390.860.350.750.00.23-0.17-0.220.31
0.950.70.80.940.950.970.50.340.920.850.380.870.050.770.960.81-0.70.840.910.70.29-0.170.290.160.89
0.29-0.060.180.210.420.41-0.440.340.150.020.980.210.55-0.020.210.11-0.010.040.6-0.10.590.010.170.570.31
0.990.880.710.950.940.920.730.920.150.920.190.940.060.920.970.83-0.510.960.860.810.25-0.090.030.180.73
0.90.760.840.890.870.780.670.850.020.920.010.86-0.080.780.940.92-0.460.850.740.880.03-0.39-0.110.060.61
0.32-0.030.150.220.450.46-0.40.380.980.190.010.260.560.020.230.11-0.050.080.64-0.110.630.080.270.570.39
0.960.840.630.890.930.910.660.870.210.940.860.260.20.860.920.74-0.370.90.890.860.4-0.14-0.030.310.71
0.15-0.05-0.040.060.250.19-0.280.050.550.06-0.080.560.2-0.060.07-0.050.44-0.020.35-0.070.650.070.090.980.16
0.880.990.410.860.760.790.90.77-0.020.920.780.020.86-0.060.840.61-0.470.990.690.760.240.22-0.060.030.56
0.970.810.790.970.950.930.640.960.210.970.940.230.920.070.840.84-0.590.90.880.840.25-0.210.110.190.79
0.820.540.90.760.840.710.430.810.110.830.920.110.74-0.050.610.84-0.390.690.690.66-0.09-0.52-0.080.090.6
-0.5-0.41-0.52-0.63-0.46-0.62-0.39-0.7-0.01-0.51-0.46-0.05-0.370.44-0.47-0.59-0.39-0.51-0.41-0.35-0.01-0.02-0.60.41-0.72
0.930.970.530.920.830.850.860.840.040.960.850.080.9-0.020.990.90.69-0.510.760.80.280.12-0.020.080.63
0.930.650.650.850.960.950.350.910.60.860.740.640.890.350.690.880.69-0.410.760.640.53-0.120.150.450.78
0.790.80.620.780.720.680.750.7-0.10.810.88-0.110.86-0.070.760.840.66-0.350.80.640.11-0.33-0.260.030.49
0.340.25-0.040.360.360.470.00.290.590.250.030.630.40.650.240.25-0.09-0.010.280.530.110.340.30.620.38
-0.10.24-0.66-0.07-0.23-0.040.23-0.170.01-0.09-0.390.08-0.140.070.22-0.21-0.52-0.020.12-0.12-0.330.340.21-0.01-0.13
0.06-0.140.140.20.110.3-0.170.290.170.03-0.110.27-0.030.09-0.060.11-0.08-0.6-0.020.15-0.260.30.210.060.61
0.270.030.090.170.370.29-0.220.160.570.180.060.570.310.980.030.190.090.410.080.450.030.62-0.010.060.24
0.770.480.70.810.80.890.310.890.310.730.610.390.710.160.560.790.6-0.720.630.780.490.38-0.130.610.24
Click cells to compare fundamentals

Skyworks Solutions Account Relationship Matchups

Skyworks Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B8.6B8.9B8.4B9.7B10.2B
Other Current Liab667.1M45.9M234.9M892.6M1.0B1.1B
Total Current Liabilities942.5M1.1B1.3B1.1B1.2B1.3B
Total Stockholder Equity4.2B5.3B5.5B6.1B7.0B7.3B
Property Plant And Equipment Net1.2B1.5B1.6B1.4B1.6B1.7B
Net Debt(829.3M)1.4B2.1B573.4M516.1M541.9M
Retained Earnings4.8B5.2B5.4B5.9B6.8B7.1B
Cash980M882.9M566M718.8M826.6M868.0M
Non Current Assets Total2.9B5.9B6.0B5.7B6.6B6.9B
Non Currrent Assets Other373.8M418.8M739.5M915.3M1.1B1.1B
Cash And Short Term Investments980M1.0B586.8M738.5M849.3M891.7M
Net Receivables393.6M756.2M1.1B864.3M993.9M1.0B
Common Stock Shares Outstanding169.9M167M163.3M160.3M184.3M126.4M
Liabilities And Stockholders Equity5.1B8.6B8.9B8.4B9.7B10.2B
Non Current Liabilities Total182.8M2.2B2.2B1.3B1.5B1.6B
Inventory806M885M1.2B1.1B1.3B1.4B
Other Current Assets143.2M204.1M95.2M461.1M530.3M556.8M
Other Stockholder Equity(689.8M)77.9M11.9M172.4M198.3M188.3M
Total Liab942.5M3.3B3.4B2.3B2.7B2.8B
Total Current Assets2.2B2.7B2.9B2.7B3.1B3.3B
Accounts Payable226.9M236M274.2M159.2M183.1M112.0M
Short Term Investments408.1M137.2M20.3M15.6M17.9M17.0M
Common Stock41.4M41.3M40M39.9M45.9M39.5M
Other Liab343.3M343.4M255M281.1M323.3M339.4M
Other Assets74.1M123.2M11.3B792.7M911.6M615.5M
Treasury Stock(2.7B)(3.4B)(4.1B)(1.7M)(1.5M)(1.6M)
Property Plant Equipment1.2B1.4B1.5B1.6B1.8B1.9B
Property Plant And Equipment Gross1.4B3.9B4.3B4.4B5.0B5.3B
Intangible Assets53.5M1.7B1.4B1.2B1.4B1.5B
Common Stock Total Equity42.5M41.4M41.3M40M46M47.1M
Net Tangible Assets2.8B2.9B1.4B1.8B2.1B2.1B
Retained Earnings Total Equity4.3B4.8B5.2B5.4B6.2B6.5B
Capital Surpluse3.2B3.4B79.6M11.9M10.7M10.2M
Non Current Liabilities Other32.1M32.2M67.6M43.9M50.5M91.6M

Skyworks Solutions Investors Sentiment

The influence of Skyworks Solutions' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Skyworks. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Skyworks Solutions' public news can be used to forecast risks associated with an investment in Skyworks. The trend in average sentiment can be used to explain how an investor holding Skyworks can time the market purely based on public headlines and social activities around Skyworks Solutions. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Skyworks Solutions' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Skyworks Solutions' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Skyworks Solutions' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Skyworks Solutions.

Skyworks Solutions Implied Volatility

    
  62.91  
Skyworks Solutions' implied volatility exposes the market's sentiment of Skyworks Solutions stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Skyworks Solutions' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Skyworks Solutions stock will not fluctuate a lot when Skyworks Solutions' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Skyworks Solutions in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Skyworks Solutions' short interest history, or implied volatility extrapolated from Skyworks Solutions options trading.

Currently Active Assets on Macroaxis

When determining whether Skyworks Solutions is a strong investment it is important to analyze Skyworks Solutions' 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 Skyworks Solutions' future performance. For an informed investment choice regarding Skyworks 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 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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
(0.25)
Dividend Share
2.6
Earnings Share
5.64
Revenue Per Share
29.133
Quarterly Revenue Growth
(0.1)
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.