Wolfspeed Property Plant And Equipment Net vs Cash Analysis
WOLF Stock | USD 9.58 0.66 7.40% |
Wolfspeed financial indicator trend analysis is more than just analyzing Wolfspeed current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wolfspeed is a good investment. Please check the relationship between Wolfspeed Property Plant And Equipment Net and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. 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 detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wolfspeed Property Plant And Equipment Net account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wolfspeed's Property Plant And Equipment Net and Cash is 0.81. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash in the same time period over historical financial statements of Wolfspeed, assuming nothing else is changed. The correlation between historical values of Wolfspeed's Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Wolfspeed are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Wolfspeed's Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Cash
Cash refers to the most liquid asset of Wolfspeed, which is listed under current asset account on Wolfspeed balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Wolfspeed customers. The amounts must be unrestricted with restricted cash listed in a different Wolfspeed account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Wolfspeed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wolfspeed 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. 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 detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.At this time, Wolfspeed's Tax Provision is most likely to increase significantly in the upcoming years. The Wolfspeed's current Discontinued Operations is estimated to increase to about 113.7 M, while Selling General Administrative is projected to decrease to roughly 184.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 746.2M | 921.9M | 807.2M | 695.7M | Depreciation And Amortization | 129.8M | 164M | 181M | 190.1M |
Wolfspeed fundamental ratios Correlations
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Wolfspeed Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wolfspeed fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2B | 3.4B | 3.9B | 6.6B | 8.0B | 8.4B | |
Other Current Liab | 185.3M | 376.1M | 265.4M | 566.5M | 542.6M | 569.7M | |
Total Current Liabilities | 291.2M | 448.8M | 388.5M | 661.9M | 665.3M | 698.6M | |
Total Stockholder Equity | 2.1B | 2.1B | 2.4B | 1.6B | 882.1M | 1.4B | |
Property Plant And Equipment Net | 770.8M | 1.3B | 1.5B | 2.2B | 3.8B | 3.9B | |
Net Debt | 350M | 460.1M | 582.2M | 4.2B | 5.2B | 5.5B | |
Retained Earnings | (1.0B) | (1.6B) | (1.8B) | (2.1B) | (2.9B) | (2.8B) | |
Accounts Payable | 88.1M | 44.2M | 57.8M | 44.9M | 53M | 63.8M | |
Cash | 448.8M | 379M | 449.5M | (9.7M) | 1.0B | 1.1B | |
Non Current Assets Total | 1.6B | 2.0B | 2.2B | 3.0B | 5.0B | 5.2B | |
Cash And Short Term Investments | 1.2B | 1.2B | 1.2B | 3.0B | 2.2B | 2.3B | |
Net Receivables | 79M | 102.3M | 150.2M | 265.3M | 289.8M | 304.3M | |
Common Stock Shares Outstanding | 107.9M | 112.3M | 120.1M | 124.4M | 125.7M | 95.5M | |
Liabilities And Stockholders Equity | 3.2B | 3.4B | 3.9B | 6.6B | 8.0B | 8.4B | |
Inventory | 121.9M | 166.6M | 227M | 327.5M | 461.2M | 484.3M | |
Other Current Assets | 8.7M | 55.2M | 182.5M | 97.5M | 74M | 130.7M | |
Other Stockholder Equity | 3.1B | 3.7B | 4.2B | 3.7B | 3.8B | 4.0B | |
Total Liab | 1.1B | 1.3B | 1.5B | 5.0B | 7.1B | 7.5B | |
Total Current Assets | 1.6B | 1.5B | 1.8B | 3.6B | 3.0B | 3.1B | |
Intangible Assets | 156.9M | 140.5M | 125.4M | 115.9M | 23.9M | 22.7M | |
Non Currrent Assets Other | 303.7M | 36.7M | (261.1M) | 312.1M | 767.7M | 806.1M | |
Non Current Liabilities Total | 850.6M | 881.5M | 1.1B | 4.3B | 6.4B | 6.8B | |
Short Long Term Debt Total | 798.8M | 839.1M | 1.0B | 4.2B | 6.3B | 6.6B | |
Short Term Investments | 790.9M | 775.6M | 749.3M | 3.0B | 1.1B | 587.3M | |
Accumulated Other Comprehensive Income | 16M | 2.7M | (25.3M) | (25.1M) | (11.6M) | (11.0M) | |
Good Will | 620.3M | 530M | 349.7M | 359.2M | 413.1M | 466.2M | |
Current Deferred Revenue | 14.2M | 22.9M | 37M | 43M | 62.3M | 65.4M | |
Other Liab | 47.9M | 40.1M | 58.5M | 35.4M | 40.7M | 45.0M | |
Net Tangible Assets | 1.4B | 2.0B | 2.0B | 1.6B | 1.9B | 1.8B | |
Other Assets | 292.6M | 164M | 189.4M | 209.1M | 188.2M | 162.9M | |
Long Term Debt | 783.8M | 823.9M | 1.0B | 4.2B | 6.2B | 6.5B | |
Net Invested Capital | 2.9B | 2.9B | 3.5B | 5.8B | 7.0B | 4.2B | |
Non Current Liabilities Other | 65M | 55.1M | 55.3M | 148.7M | 256.4M | 269.2M | |
Net Working Capital | 1.3B | 1.0B | 1.4B | 3.0B | 2.3B | 1.7B | |
Property Plant Equipment | 831.1M | 1.3B | 1.5B | 2.3B | 2.6B | 2.8B | |
Short Term Debt | 3.6M | 10.1M | 16.7M | 6.9M | 7.4M | 8.7M |
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When determining whether Wolfspeed is a strong investment it is important to analyze Wolfspeed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wolfspeed's future performance. For an informed investment choice regarding Wolfspeed Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. 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 detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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 Wolfspeed. If investors know Wolfspeed 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 Wolfspeed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.80) | Revenue Per Share 6.38 | Quarterly Revenue Growth (0.01) | Return On Assets (0.03) | Return On Equity (0.78) |
The market value of Wolfspeed is measured differently than its book value, which is the value of Wolfspeed that is recorded on the company's balance sheet. Investors also form their own opinion of Wolfspeed's value that differs from its market value or its book value, called intrinsic value, which is Wolfspeed'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 Wolfspeed's market value can be influenced by many factors that don't directly affect Wolfspeed'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 Wolfspeed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wolfspeed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wolfspeed'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.