Pixelworks Other Assets vs Retained Earnings Analysis

PXLW Stock  USD 0.76  0.01  1.33%   
Pixelworks financial indicator trend analysis is much more than just breaking down Pixelworks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pixelworks is a good investment. Please check the relationship between Pixelworks Other Assets and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pixelworks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Pixelworks Stock please use our How to Invest in Pixelworks guide.

Other Assets vs Retained Earnings

Other Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pixelworks Other Assets account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Pixelworks' Other Assets and Retained Earnings is 0.56. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Pixelworks, assuming nothing else is changed. The correlation between historical values of Pixelworks' Other Assets and Retained Earnings 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 Assets of Pixelworks are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Assets i.e., Pixelworks' Other Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Other Assets

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Pixelworks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pixelworks 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pixelworks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Pixelworks Stock please use our How to Invest in Pixelworks guide.Enterprise Value is likely to climb to about 280.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 15.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit27.7M35.9M25.7M28.0M
Total Revenue55.1M70.1M59.7M61.6M

Pixelworks fundamental ratios Correlations

0.48-0.840.83-0.210.920.96-0.490.90.95-0.040.290.420.72-0.760.20.90.560.760.850.150.760.65-0.10.710.8
0.48-0.130.250.070.270.40.070.190.320.110.010.420.59-0.5-0.220.610.040.440.050.060.28-0.10.210.650.59
-0.84-0.13-0.970.09-0.98-0.80.59-0.84-0.940.04-0.35-0.34-0.470.6-0.4-0.54-0.65-0.5-0.790.22-0.8-0.520.17-0.52-0.6
0.830.25-0.97-0.040.970.76-0.540.770.94-0.010.310.380.54-0.610.320.530.640.550.68-0.290.810.41-0.150.580.68
-0.210.070.09-0.04-0.13-0.33-0.56-0.32-0.23-0.25-0.14-0.53-0.030.56-0.36-0.13-0.06-0.3-0.24-0.57-0.03-0.36-0.37-0.48-0.43
0.920.27-0.980.97-0.130.87-0.560.880.98-0.050.320.40.56-0.670.330.670.630.610.82-0.130.810.55-0.150.60.7
0.960.4-0.80.76-0.330.87-0.410.850.920.030.340.350.69-0.830.190.860.450.730.860.270.660.74-0.050.740.83
-0.490.070.59-0.54-0.56-0.56-0.41-0.46-0.480.31-0.10.35-0.33-0.060.06-0.42-0.32-0.22-0.590.28-0.47-0.450.490.13-0.05
0.90.19-0.840.77-0.320.880.85-0.460.88-0.010.310.520.49-0.660.370.770.610.550.930.150.710.71-0.080.540.61
0.950.32-0.940.94-0.230.980.92-0.480.88-0.080.360.420.64-0.750.350.720.660.730.830.010.830.6-0.170.690.78
-0.040.110.04-0.01-0.25-0.050.030.31-0.01-0.08-0.090.12-0.22-0.15-0.250.03-0.28-0.27-0.040.04-0.24-0.120.770.170.14
0.290.01-0.350.31-0.140.320.34-0.10.310.36-0.090.120.38-0.470.280.140.620.180.360.040.650.27-0.250.420.36
0.420.42-0.340.38-0.530.40.350.350.520.420.120.120.22-0.620.40.340.340.220.220.020.370.080.380.640.54
0.720.59-0.470.54-0.030.560.69-0.330.490.64-0.220.380.22-0.680.160.690.350.680.490.320.590.53-0.360.720.78
-0.76-0.50.6-0.610.56-0.67-0.83-0.06-0.66-0.75-0.15-0.47-0.62-0.68-0.35-0.64-0.44-0.59-0.59-0.36-0.57-0.55-0.11-0.97-0.94
0.2-0.22-0.40.32-0.360.330.190.060.370.35-0.250.280.40.16-0.35-0.040.550.120.30.180.320.22-0.150.270.2
0.90.61-0.540.53-0.130.670.86-0.420.770.720.030.140.340.69-0.64-0.040.310.670.750.330.520.630.010.610.69
0.560.04-0.650.64-0.060.630.45-0.320.610.66-0.280.620.340.35-0.440.550.310.460.54-0.130.870.24-0.360.40.4
0.760.44-0.50.55-0.30.610.73-0.220.550.73-0.270.180.220.68-0.590.120.670.460.520.320.60.45-0.290.60.7
0.850.05-0.790.68-0.240.820.86-0.590.930.83-0.040.360.220.49-0.590.30.750.540.520.270.640.83-0.230.420.51
0.150.060.22-0.29-0.57-0.130.270.280.150.010.040.040.020.32-0.360.180.33-0.130.320.27-0.170.55-0.010.270.26
0.760.28-0.80.81-0.030.810.66-0.470.710.83-0.240.650.370.59-0.570.320.520.870.60.64-0.170.37-0.310.560.6
0.65-0.1-0.520.41-0.360.550.74-0.450.710.6-0.120.270.080.53-0.550.220.630.240.450.830.550.37-0.260.370.5
-0.10.210.17-0.15-0.37-0.15-0.050.49-0.08-0.170.77-0.250.38-0.36-0.11-0.150.01-0.36-0.29-0.23-0.01-0.31-0.260.160.09
0.710.65-0.520.58-0.480.60.740.130.540.690.170.420.640.72-0.970.270.610.40.60.420.270.560.370.160.96
0.80.59-0.60.68-0.430.70.83-0.050.610.780.140.360.540.78-0.940.20.690.40.70.510.260.60.50.090.96
Click cells to compare fundamentals

Pixelworks Account Relationship Matchups

Pixelworks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.7M72.0M106.6M102.3M96.0M92.6M
Total Stockholder Equity47.5M52.9M40.2M32.4M12.5M11.9M
Net Debt(3.0M)(26.2M)(58.7M)(53.3M)(42.6M)(40.5M)
Cash7.3M31.3M61.6M56.8M47.5M29.2M
Other Assets1.3M7.4M3.2M3.6M1.00.95
Cash And Short Term Investments14.2M31.5M61.6M56.8M47.5M43.9M
Common Stock Shares Outstanding37.9M40.7M52.5M54.3M56.2M59.0M
Liabilities And Stockholders Equity64.7M72.0M106.6M102.3M96.0M92.6M
Other Stockholder Equity18.3M47K(468K)2.2M2.5M2.8M
Total Liab17.1M19.2M35.5M30.1M31.0M38.3M
Total Current Assets32.2M39.6M74.5M72.4M64.7M56.2M
Short Long Term Debt Total4.2M5.1M2.9M3.5M4.9M4.7M
Other Current Liab7.2M7.2M11.1M7.2M7.3M8.3M
Total Current Liabilities9.7M10.6M16.4M12.5M12.3M13.1M
Property Plant And Equipment Net10.0M11.7M10.4M8.0M10.7M6.7M
Retained Earnings(388.6M)(415.1M)(435.0M)(451.0M)(477.2M)(453.3M)
Accounts Payable818K995K2.7M3.1M2.4M2.9M
Non Current Assets Total32.4M32.4M32.1M30.0M31.2M37.8M
Non Currrent Assets Other1.3M1.1M3.2M3.6M2.1M2.0M
Net Receivables10.9M4.7M8.7M10.0M10.1M5.9M
Non Current Liabilities Total7.5M8.6M19.0M17.6M18.7M30.0M
Inventory5.4M2.4M1.5M1.8M4.0M4.8M
Other Current Assets1.7M2.0M5.5M3.7M3.1M2.3M
Property Plant And Equipment Gross10.0M11.7M10.4M8.0M27.2M28.6M
Accumulated Other Comprehensive Income12K47K(468K)2.2M3.4M3.5M
Short Term Debt1.5M2.0M2.4M1.4M2.4M3.2M
Common Stock436.1M468.0M475.6M481.2M486.3M380.4M
Common Stock Total Equity436.1M468.0M475.6M481.2M553.4M391.3M
Property Plant Equipment4.6M5.1M10.4M4.6M4.2M6.3M
Intangible Assets4.2M2.7M1.2M90K81K77.0K
Other Liab3.2M3.5M16.2M15.4M13.9M14.6M
Net Tangible Assets26.4M33.3M21.7M42.9M49.4M25.1M
Retained Earnings Total Equity(388.6M)(415.1M)(435.0M)(451.0M)(405.9M)(426.2M)
Non Current Liabilities Other7.5M8.6M13.2M14.5M15.2M15.9M
Current Deferred Revenue96K146K179K50K230K138.7K
Net Invested Capital47.5M52.9M40.2M32.4M12.5M11.9M
Net Working Capital22.6M29.0M58.1M59.9M52.4M40.6M

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