Silicon Accounts Payable vs Long Term Investments Analysis

SIMO Stock  USD 52.43  0.98  1.83%   
Silicon Motion financial indicator trend analysis is much more than just breaking down Silicon Motion Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silicon Motion Technology is a good investment. Please check the relationship between Silicon Motion Accounts Payable and its Long Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicon Motion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Accounts Payable vs Long Term Investments

Accounts Payable vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silicon Motion Technology Accounts Payable account and Long Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Silicon Motion's Accounts Payable and Long Term Investments is 0.45. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Silicon Motion Technology, assuming nothing else is changed. The correlation between historical values of Silicon Motion's Accounts Payable and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Silicon Motion Technology are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accounts Payable i.e., Silicon Motion's Accounts Payable and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Silicon Motion obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Silicon Motion Technology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Investments

Long Term Investments is an item on the asset side of Silicon Motion balance sheet that represents investments Silicon Motion Technology intends to hold for over a year. Silicon Motion Technology long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Silicon Motion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silicon Motion Technology 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 Silicon Motion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
As of the 28th of November 2024, Selling General Administrative is likely to drop to about 26.2 M. In addition to that, Tax Provision is likely to drop to about 11.2 M
 2021 2022 2023 2024 (projected)
Gross Profit460.8M465.8M270.4M178.7M
Total Revenue922.1M945.9M639.1M368.8M

Silicon Motion fundamental ratios Correlations

0.99-0.850.730.540.740.560.80.971.00.860.950.940.990.740.830.770.95-0.520.930.90.850.9-0.520.950.37
0.99-0.850.720.510.730.590.830.940.990.810.910.940.990.680.850.750.94-0.560.930.90.830.9-0.550.950.37
-0.85-0.85-0.95-0.16-0.96-0.72-0.81-0.84-0.86-0.67-0.84-0.7-0.83-0.79-0.77-0.71-0.70.61-0.69-0.57-0.6-0.590.61-0.7-0.57
0.730.72-0.950.011.00.690.830.730.740.550.750.530.710.810.780.60.56-0.580.520.440.460.41-0.580.540.57
0.540.51-0.160.010.01-0.340.070.590.540.670.550.670.590.280.260.450.690.340.70.720.70.770.340.71-0.14
0.740.73-0.961.00.010.710.820.740.760.560.760.540.720.810.780.60.57-0.60.530.450.460.42-0.60.550.58
0.560.59-0.720.69-0.340.710.770.470.550.280.470.390.50.450.630.30.37-0.970.340.30.230.28-0.970.370.4
0.80.83-0.810.830.070.820.770.710.80.550.690.680.770.660.910.590.69-0.760.660.670.550.6-0.760.680.46
0.970.94-0.840.730.590.740.470.710.980.930.990.890.960.830.760.790.95-0.420.880.860.880.88-0.410.910.35
1.00.99-0.860.740.540.760.550.80.980.870.960.920.990.760.810.790.96-0.510.910.90.870.89-0.510.940.38
0.860.81-0.670.550.670.560.280.550.930.870.930.790.830.770.580.80.87-0.260.80.820.880.83-0.260.830.13
0.950.91-0.840.750.550.760.470.690.990.960.930.830.930.870.740.790.92-0.420.820.820.870.83-0.410.860.34
0.940.94-0.70.530.670.540.390.680.890.920.790.830.940.560.750.770.94-0.370.970.90.880.97-0.370.980.26
0.990.99-0.830.710.590.720.50.770.960.990.830.930.940.710.830.750.96-0.450.930.910.860.91-0.450.960.33
0.740.68-0.790.810.280.810.450.660.830.760.770.870.560.710.670.710.71-0.410.530.550.710.55-0.410.580.3
0.830.85-0.770.780.260.780.630.910.760.810.580.740.750.830.670.530.74-0.590.720.70.60.67-0.590.770.31
0.770.75-0.710.60.450.60.30.590.790.790.80.790.770.750.710.530.79-0.290.70.680.870.73-0.290.70.31
0.950.94-0.70.560.690.570.370.690.950.960.870.920.940.960.710.740.79-0.360.920.950.950.96-0.360.940.26
-0.52-0.560.61-0.580.34-0.6-0.97-0.76-0.42-0.51-0.26-0.42-0.37-0.45-0.41-0.59-0.29-0.36-0.32-0.32-0.25-0.291.0-0.34-0.32
0.930.93-0.690.520.70.530.340.660.880.910.80.820.970.930.530.720.70.92-0.320.910.820.95-0.320.980.31
0.90.9-0.570.440.720.450.30.670.860.90.820.820.90.910.550.70.680.95-0.320.910.870.94-0.320.940.15
0.850.83-0.60.460.70.460.230.550.880.870.880.870.880.860.710.60.870.95-0.250.820.870.92-0.250.850.11
0.90.9-0.590.410.770.420.280.60.880.890.830.830.970.910.550.670.730.96-0.290.950.940.92-0.290.960.16
-0.52-0.550.61-0.580.34-0.6-0.97-0.76-0.41-0.51-0.26-0.41-0.37-0.45-0.41-0.59-0.29-0.361.0-0.32-0.32-0.25-0.29-0.34-0.32
0.950.95-0.70.540.710.550.370.680.910.940.830.860.980.960.580.770.70.94-0.340.980.940.850.96-0.340.24
0.370.37-0.570.57-0.140.580.40.460.350.380.130.340.260.330.30.310.310.26-0.320.310.150.110.16-0.320.24
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Silicon Motion Account Relationship Matchups

Silicon Motion fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets697.7M742.1M971.3M961.3M1.0B1.1B
Total Stockholder Equity536.8M557.7M657.6M732.6M734.7M771.4M
Net Debt(320.1M)(339.9M)(357.2M)(229.0M)(312.0M)(296.4M)
Cash323.2M343.0M360.1M232.2M314.3M182.0M
Other Assets5.1M7.3M20.2M24.6M28.3M29.7M
Cash And Short Term Investments325.2M343.0M360.1M232.2M314.3M201.6M
Common Stock Shares Outstanding35.3M35.0M35.0M33.4M33.5M35.0M
Liabilities And Stockholders Equity697.7M742.1M971.3M961.3M1.0B1.1B
Other Stockholder Equity265.2M275.1M244.6M303.6M321.1M198.1M
Total Liab160.9M184.3M313.8M228.6M273.3M286.9M
Total Current Assets565.2M607.0M818.1M787.9M793.2M832.9M
Other Current Liab14.3M104.3M153.6M102.5M147.3M154.7M
Total Current Liabilities125.8M158.7M281.6M183.9M212.8M223.5M
Property Plant And Equipment Net97.8M105.5M124.5M139.4M181.5M190.6M
Retained Earnings271.0M281.6M412.1M425.1M411.2M431.7M
Accounts Payable30.7M44.5M80.8M36.0M55.6M29.4M
Non Current Assets Total132.5M135.1M153.2M173.3M214.7M108.6M
Non Currrent Assets Other10.3M24.6M20.2M11.9M16.1M16.9M
Net Receivables108.7M115.8M208.6M206.1M194.7M204.4M
Common Stock Total Equity1.4M1.4M1.4M1.4M1.2M1.2M
Non Current Liabilities Total35.2M25.6M32.2M44.8M60.5M63.5M
Inventory88.4M110.2M163.1M288.0M217.0M227.8M
Other Current Assets18.8M49.1M86.4M61.7M67.3M70.7M
Property Plant And Equipment Gross107.1M112.2M212.8M245.7M294.2M308.9M
Accumulated Other Comprehensive Income(785K)(349K)(540K)2.6M1.2M1.2M
Common Stock1.4M1.4M1.4M1.3M1.3M1.3M
Other Liab23.8M24.8M32.2M44.8M51.5M54.1M
Intangible Assets17.5M6.2M6.5M3.8M4.6M5.3M
Property Plant Equipment103.3M105.5M124.5M139.4M160.3M168.4M
Current Deferred Revenue77.7M98.4M178.3M6.9M6.4M6.1M
Short Term Debt3.0M3.1M2.9M3.2M2.3M2.2M
Good Will17.5M(10.9M)(12.8M)(4.6M)(4.1M)(3.9M)
Long Term Investments3M5M8.5M9.3M17.1M18.0M
Net Tangible Assets515.7M551.5M657.6M732.6M842.5M518.7M
When determining whether Silicon Motion Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Silicon Motion's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Silicon Motion Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Silicon Motion Technology Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicon Motion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Semiconductors & Semiconductor Equipment space 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 Silicon Motion. If investors know Silicon 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 Silicon Motion 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
0.953
Earnings Share
2.66
Revenue Per Share
24.268
Quarterly Revenue Growth
0.233
Return On Assets
0.0554
The market value of Silicon Motion Technology is measured differently than its book value, which is the value of Silicon that is recorded on the company's balance sheet. Investors also form their own opinion of Silicon Motion's value that differs from its market value or its book value, called intrinsic value, which is Silicon Motion's 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 Silicon Motion's market value can be influenced by many factors that don't directly affect Silicon Motion's 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 Silicon Motion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Silicon Motion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silicon Motion's 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.