Pixelworks Total Current Assets vs Long Term Debt 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 Total Current Assets and its Long Term Debt 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.

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pixelworks Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pixelworks' Total Current Assets and Long Term Debt is -0.42. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Pixelworks, assuming nothing else is changed. The correlation between historical values of Pixelworks' Total Current Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Pixelworks are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., Pixelworks' Total Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt

Long-term debt is a debt that Pixelworks has held for over one year. Long-term debt appears on Pixelworks balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Pixelworks balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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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