603501 Stock | | | 98.64 1.44 1.48% |
Will Semiconductor financial indicator trend analysis is more than just analyzing Will Semiconductor current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Will Semiconductor is a good investment. Please check the relationship between Will Semiconductor Depreciation and its Net Borrowings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Will Semiconductor Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Depreciation vs Net Borrowings
Depreciation vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Will Semiconductor Depreciation account and
Net Borrowings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Will Semiconductor's Depreciation and Net Borrowings is 0.92. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Will Semiconductor Co, assuming nothing else is changed. The correlation between historical values of Will Semiconductor's Depreciation and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Will Semiconductor Co are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Depreciation i.e., Will Semiconductor's Depreciation and Net Borrowings go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Depreciation
Depreciation indicates how much of Will Semiconductor value has been used up. For tax purposes Will Semiconductor can deduct the cost of the tangible assets it purchases as business expenses. However, Will Semiconductor Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Will Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Will Semiconductor 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Will Semiconductor Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 369.6
M. The current year's
Tax Provision is expected to grow to about 188.8
MWill Semiconductor fundamental ratios Correlations
Click cells to compare fundamentals
Will Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Will Semiconductor fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Will Stock
Balance Sheet is a snapshot of the
financial position of Will Semiconductor at a specified time, usually calculated after every quarter, six months, or one year. Will Semiconductor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Will Semiconductor 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 Will currently owns. An asset can also be divided into two categories, current and non-current.