Skyworks Retained Earnings vs Net Tangible Assets Analysis

SWKS Stock

USD 86.80 0.52 0.60%

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 Retained Earnings and its Net Tangible 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 closely tied 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.

Retained Earnings vs Net Tangible Assets

Retained Earnings vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skyworks Solutions Retained Earnings account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Skyworks Solutions' Retained Earnings and Net Tangible Assets is 0.44. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Tangible 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' Retained Earnings and Net Tangible 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 Retained Earnings of Skyworks Solutions are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Retained Earnings i.e., Skyworks Solutions' Retained Earnings and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

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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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 closely tied 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.Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 162.9 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	47.9M	64.4M	30.7M	27.8M
Depreciation And Amortization	690.1M	613.7M	451.3M	473.9M

Interest Expense Depreciation And Amortization

Skyworks Solutions fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Short Term Investments	Common Stock	Other Liab
Total Assets		0.84	0.8	0.84	0.97	0.96	0.57	0.94	0.49	0.98	0.51	0.55	0.83	0.14	0.89	0.94	0.91	-0.5	0.91	0.94	0.51	0.4	-0.01	0.33	0.24	0.77
Short Long Term Debt Total	0.84		0.61	0.8	0.68	0.72	0.9	0.68	0.05	0.91	0.71	0.11	0.81	-0.07	0.98	0.82	0.77	-0.4	0.98	0.63	0.7	0.27	0.28	0.0	0.0	0.45
Other Current Liab	0.8	0.61		0.76	0.8	0.84	0.39	0.83	0.41	0.79	0.32	0.44	0.67	0.05	0.68	0.79	0.73	-0.58	0.69	0.76	0.44	0.29	-0.12	0.33	0.13	0.79
Total Current Liabilities	0.84	0.8	0.76		0.75	0.87	0.64	0.82	0.23	0.87	0.77	0.25	0.83	0.13	0.8	0.93	0.66	-0.64	0.87	0.71	0.64	0.55	0.26	0.38	0.17	0.73
Total Stockholder Equity	0.97	0.68	0.8	0.75		0.96	0.36	0.95	0.64	0.91	0.35	0.7	0.76	0.23	0.75	0.88	0.88	-0.45	0.78	0.99	0.39	0.4	-0.17	0.41	0.34	0.81
Property Plant And Equipment Net	0.96	0.72	0.84	0.87	0.96		0.44	0.97	0.53	0.93	0.49	0.59	0.82	0.17	0.78	0.94	0.82	-0.61	0.83	0.94	0.47	0.47	-0.03	0.49	0.25	0.88
Net Debt	0.57	0.9	0.39	0.64	0.36	0.44		0.41	-0.39	0.7	0.67	-0.33	0.64	-0.27	0.85	0.63	0.57	-0.36	0.84	0.27	0.73	0.05	0.35	-0.11	-0.24	0.23
Retained Earnings	0.94	0.68	0.83	0.82	0.95	0.97	0.41		0.54	0.9	0.42	0.6	0.71	0.02	0.76	0.92	0.86	-0.71	0.79	0.92	0.39	0.32	-0.12	0.56	0.11	0.89
Cash	0.49	0.05	0.41	0.23	0.64	0.53	-0.39	0.54		0.34	-0.05	0.98	0.21	0.38	0.14	0.33	0.37	-0.09	0.16	0.72	-0.21	0.41	-0.24	0.3	0.47	0.45
Non Current Assets Total	0.98	0.91	0.79	0.87	0.91	0.93	0.7	0.9	0.34		0.58	0.41	0.84	0.07	0.95	0.94	0.9	-0.52	0.96	0.86	0.56	0.35	0.09	0.3	0.16	0.73
Non Currrent Assets Other	0.51	0.71	0.32	0.77	0.35	0.49	0.67	0.42	-0.05	0.58		-0.06	0.64	0.1	0.63	0.64	0.27	-0.41	0.69	0.31	0.65	0.5	0.56	0.14	0.09	0.33
Cash And Short Term Investments	0.55	0.11	0.44	0.25	0.7	0.59	-0.33	0.6	0.98	0.41	-0.06		0.25	0.34	0.21	0.36	0.44	-0.14	0.22	0.77	-0.23	0.4	-0.24	0.4	0.44	0.54
Net Receivables	0.83	0.81	0.67	0.83	0.76	0.82	0.64	0.71	0.21	0.84	0.64	0.25		0.31	0.79	0.86	0.62	-0.32	0.84	0.74	0.77	0.61	0.2	0.09	0.35	0.59
Common Stock Shares Outstanding	0.14	-0.07	0.05	0.13	0.23	0.17	-0.27	0.02	0.38	0.07	0.1	0.34	0.31		-0.09	0.12	-0.11	0.46	-0.03	0.27	0.02	0.65	0.12	0.01	0.98	0.12
Non Current Liabilities Total	0.89	0.98	0.68	0.8	0.75	0.78	0.85	0.76	0.14	0.95	0.63	0.21	0.79	-0.09		0.84	0.83	-0.47	0.99	0.69	0.59	0.25	0.25	0.12	-0.01	0.55
Inventory	0.94	0.82	0.79	0.93	0.88	0.94	0.63	0.92	0.33	0.94	0.64	0.36	0.86	0.12	0.84		0.82	-0.62	0.89	0.85	0.68	0.4	0.02	0.35	0.18	0.77
Other Current Assets	0.91	0.77	0.73	0.66	0.88	0.82	0.57	0.86	0.37	0.9	0.27	0.44	0.62	-0.11	0.83	0.82		-0.46	0.82	0.83	0.43	0.06	-0.28	0.26	0.01	0.66
Other Stockholder Equity	-0.5	-0.4	-0.58	-0.64	-0.45	-0.61	-0.36	-0.71	-0.09	-0.52	-0.41	-0.14	-0.32	0.46	-0.47	-0.62	-0.46		-0.5	-0.4	-0.25	-0.01	-0.04	-0.68	0.44	-0.72
Total Liab	0.91	0.98	0.69	0.87	0.78	0.83	0.84	0.79	0.16	0.96	0.69	0.22	0.84	-0.03	0.99	0.89	0.82	-0.5		0.72	0.64	0.35	0.26	0.16	0.04	0.6
Total Current Assets	0.94	0.63	0.76	0.71	0.99	0.94	0.27	0.92	0.72	0.86	0.31	0.77	0.74	0.27	0.69	0.85	0.83	-0.4	0.72		0.36	0.46	-0.19	0.37	0.37	0.78
Short Term Debt	0.51	0.7	0.44	0.64	0.39	0.47	0.73	0.39	-0.21	0.56	0.65	-0.23	0.77	0.02	0.59	0.68	0.43	-0.25	0.64	0.36		0.29	0.04	-0.23	0.02	0.25
Accounts Payable	0.4	0.27	0.29	0.55	0.4	0.47	0.05	0.32	0.41	0.35	0.5	0.4	0.61	0.65	0.25	0.4	0.06	-0.01	0.35	0.46	0.29		0.35	0.19	0.63	0.37
Current Deferred Revenue	-0.01	0.28	-0.12	0.26	-0.17	-0.03	0.35	-0.12	-0.24	0.09	0.56	-0.24	0.2	0.12	0.25	0.02	-0.28	-0.04	0.26	-0.19	0.04	0.35		-0.07	0.05	-0.13
Short Term Investments	0.33	0.0	0.33	0.38	0.41	0.49	-0.11	0.56	0.3	0.3	0.14	0.4	0.09	0.01	0.12	0.35	0.26	-0.68	0.16	0.37	-0.23	0.19	-0.07		0.05	0.78
Common Stock	0.24	0.0	0.13	0.17	0.34	0.25	-0.24	0.11	0.47	0.16	0.09	0.44	0.35	0.98	-0.01	0.18	0.01	0.44	0.04	0.37	0.02	0.63	0.05	0.05		0.2
Other Liab	0.77	0.45	0.79	0.73	0.81	0.88	0.23	0.89	0.45	0.73	0.33	0.54	0.59	0.12	0.55	0.77	0.66	-0.72	0.6	0.78	0.25	0.37	-0.13	0.78	0.2

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Skyworks Solutions Account Relationship Matchups

Skyworks Solutions fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.1B	8.6B	8.9B	8.4B	8.3B	8.7B
Other Current Liab	162.1M	300.9M	386.2M	410M	358.2M	376.1M
Total Current Liabilities	942.5M	1.1B	1.3B	955.7M	602.7M	632.8M
Total Stockholder Equity	4.2B	5.3B	5.5B	6.1B	6.3B	6.7B
Property Plant And Equipment Net	1.2B	1.5B	1.6B	1.6B	1.5B	1.5B
Net Debt	(829.3M)	1.4B	2.1B	790.5M	(168.2M)	(176.6M)
Retained Earnings	4.8B	5.2B	5.4B	5.9B	6.0B	6.3B
Cash	980M	882.9M	566M	718.8M	1.4B	1.4B
Non Current Assets Total	2.9B	5.9B	6.0B	5.2B	4.9B	5.2B
Non Currrent Assets Other	373.8M	418.8M	739.5M	56.5M	89.7M	67.9M
Cash And Short Term Investments	980M	1.0B	586.8M	734.4M	1.6B	1.6B
Net Receivables	393.6M	756.2M	1.1B	864.3M	508.8M	534.2M
Common Stock Shares Outstanding	169.9M	167M	163.3M	160.3M	161.5M	125.2M
Liabilities And Stockholders Equity	5.1B	8.6B	8.9B	8.4B	8.3B	8.7B
Non Current Liabilities Total	182.8M	2.2B	2.2B	1.4B	1.3B	1.4B
Inventory	806M	885M	1.2B	1.1B	784.8M	824.0M
Other Current Assets	143.2M	310.8M	337.5M	461.1M	484.7M	508.9M
Other Stockholder Equity	(689.8M)	77.9M	11.9M	172.4M	269.4M	255.9M
Total Liab	942.5M	3.3B	3.4B	2.3B	1.9B	2.0B
Total Current Assets	2.2B	2.7B	2.9B	3.2B	3.3B	3.5B
Accounts Payable	226.9M	236M	274.2M	159.2M	171.8M	113.5M
Short Term Investments	408.1M	137.2M	20.3M	15.6M	194.1M	203.8M
Common Stock	42.5M	41.4M	41.3M	40M	39.9M	38.7M
Other Liab	343.3M	343.4M	255M	281.1M	323.3M	339.4M
Other Assets	123.2M	11.3B	792.7M	1.0	1.15	1.09
Treasury Stock	(2.7B)	(3.4B)	(4.1B)	(1.7M)	(1.5M)	(1.6M)
Property Plant Equipment	1.2B	1.4B	1.5B	1.6B	1.8B	1.9B
Property Plant And Equipment Gross	1.4B	3.9B	4.3B	4.4B	4.4B	4.6B
Intangible Assets	53.5M	1.7B	1.4B	1.2B	900.5M	945.5M
Common Stock Total Equity	42.5M	41.4M	41.3M	40M	46M	47.1M
Net Tangible Assets	2.8B	2.9B	1.4B	1.8B	2.1B	2.1B
Retained Earnings Total Equity	4.3B	4.8B	5.2B	5.4B	6.2B	6.5B
Capital Surpluse	3.2B	3.4B	79.6M	11.9M	10.7M	10.2M
Non Current Liabilities Other	32.1M	32.2M	67.6M	43.9M	35.8M	64.1M

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