0ROZ Property Plant And Equipment Net vs Short Term Investments Analysis

0ROZ Stock   4.36  0.12  2.83%   
X FAB financial indicator trend analysis is more than just analyzing X FAB Silicon current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether X FAB Silicon is a good investment. Please check the relationship between X FAB Property Plant And Equipment Net and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in X FAB Silicon Foundries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant And Equipment Net vs Short Term Investments

Property Plant And Equipment Net vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of X FAB Silicon Property Plant And Equipment Net account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between X FAB's Property Plant And Equipment Net and Short Term Investments is -0.06. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of X FAB Silicon Foundries, assuming nothing else is changed. The correlation between historical values of X FAB's Property Plant And Equipment Net and Short 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 Property Plant And Equipment Net of X FAB Silicon Foundries are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., X FAB's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Short Term Investments

Short Term Investments is an item under the current assets section of X FAB balance sheet. It contains any investments X FAB Silicon Foundries undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that X FAB Silicon can easily liquidate in the marketplace.
Most indicators from X FAB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into X FAB Silicon 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in X FAB Silicon Foundries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 4.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.6M19.2M13.1M8.9M
Depreciation And Amortization76.1M77.5M87.9M71.5M

X FAB fundamental ratios Correlations

0.830.640.780.960.960.97-0.840.90.910.960.970.620.760.960.910.46-0.14-0.070.980.870.840.790.990.31-0.74
0.830.530.720.710.810.89-0.540.750.810.80.810.520.760.80.780.320.010.180.790.730.540.770.820.63-0.55
0.640.530.960.530.730.58-0.840.850.670.510.710.990.760.510.690.720.25-0.280.610.510.420.940.58-0.03-0.61
0.780.720.960.680.820.75-0.870.940.770.680.810.950.840.680.760.750.19-0.20.750.670.570.990.730.19-0.67
0.960.710.530.680.870.9-0.840.870.80.970.890.50.70.970.810.49-0.26-0.080.960.880.950.680.980.27-0.73
0.960.810.730.820.870.95-0.820.870.930.851.00.710.760.850.920.45-0.06-0.130.940.810.710.820.910.21-0.69
0.970.890.580.750.90.95-0.720.840.890.910.950.560.750.910.850.44-0.06-0.060.970.890.760.760.950.43-0.71
-0.84-0.54-0.84-0.87-0.84-0.82-0.72-0.94-0.74-0.8-0.82-0.83-0.73-0.8-0.81-0.660.040.21-0.79-0.68-0.8-0.85-0.820.070.74
0.90.750.850.940.870.870.84-0.940.820.860.880.830.840.860.830.740.0-0.140.880.790.80.940.890.22-0.75
0.910.810.670.770.80.930.89-0.740.820.810.930.660.670.810.950.39-0.140.020.870.730.620.80.870.23-0.58
0.960.80.510.680.970.850.91-0.80.860.810.870.480.71.00.840.39-0.190.020.920.850.90.70.990.37-0.73
0.970.810.710.810.891.00.95-0.820.880.930.870.70.760.870.910.46-0.12-0.110.950.820.740.820.930.23-0.67
0.620.520.990.950.50.710.56-0.830.830.660.480.70.730.480.690.70.22-0.230.570.450.40.930.55-0.1-0.56
0.760.760.760.840.70.760.75-0.730.840.670.70.760.730.70.670.610.04-0.020.750.750.640.850.740.38-0.69
0.960.80.510.680.970.850.91-0.80.860.811.00.870.480.70.840.39-0.190.020.920.850.90.70.990.37-0.73
0.910.780.690.760.810.920.85-0.810.830.950.840.910.690.670.840.32-0.110.110.830.640.640.80.880.09-0.67
0.460.320.720.750.490.450.44-0.660.740.390.390.460.70.610.390.320.06-0.270.550.510.550.720.450.1-0.48
-0.140.010.250.19-0.26-0.06-0.060.040.0-0.14-0.19-0.120.220.04-0.19-0.110.06-0.55-0.110.04-0.380.12-0.150.18-0.36
-0.070.18-0.28-0.2-0.08-0.13-0.060.21-0.140.020.02-0.11-0.23-0.020.020.11-0.27-0.55-0.16-0.34-0.04-0.06-0.03-0.030.3
0.980.790.610.750.960.940.97-0.790.880.870.920.950.570.750.920.830.55-0.11-0.160.920.850.750.970.37-0.76
0.870.730.510.670.880.810.89-0.680.790.730.850.820.450.750.850.640.510.04-0.340.920.80.640.880.56-0.75
0.840.540.420.570.950.710.76-0.80.80.620.90.740.40.640.90.640.55-0.38-0.040.850.80.580.880.19-0.64
0.790.770.940.990.680.820.76-0.850.940.80.70.820.930.850.70.80.720.12-0.060.750.640.580.750.19-0.65
0.990.820.580.730.980.910.95-0.820.890.870.990.930.550.740.990.880.45-0.15-0.030.970.880.880.750.36-0.76
0.310.63-0.030.190.270.210.430.070.220.230.370.23-0.10.380.370.090.10.18-0.030.370.560.190.190.36-0.22
-0.74-0.55-0.61-0.67-0.73-0.69-0.710.74-0.75-0.58-0.73-0.67-0.56-0.69-0.73-0.67-0.48-0.360.3-0.76-0.75-0.64-0.65-0.76-0.22
Click cells to compare fundamentals

X FAB Account Relationship Matchups

X FAB fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets866.4M832.8M986.9M1.3B1.7B977.2M
Short Long Term Debt Total119.0M76.2M127.0M296.9M261.0M162.1M
Other Current Liab26.4M9.5M99.3M98.4M588.8M618.3M
Total Current Liabilities119.8M124.3M197.0M390.6M696.6M731.4M
Total Stockholder Equity646.4M659.3M744.0M797.0M960.5M664.3M
Property Plant And Equipment Net368.8M336.8M340.7M460.1M734.5M397.1M
Current Deferred Revenue48.7M54.4M49.3M86.3M99.3M50.9M
Net Debt(54.2M)(129.7M)(163.2M)(72.5M)(401.7M)(381.6M)
Retained Earnings(133.8M)(120.6M)(36.2M)16.5M180.2M189.2M
Accounts Payable38.3M27.9M41.4M53.7M90.7M45.9M
Cash173.2M205.9M290.2M369.4M405.7M241.2M
Non Current Assets Total448.5M380.6M398.7M542.1M831.1M462.5M
Non Currrent Assets Other(1K)68K28K7.8M86.0M90.3M
Other Assets65.0M32.9M48.6M72.4M83.3M87.5M
Cash And Short Term Investments173.2M205.9M290.2M369.4M406.2M241.2M
Net Receivables55.5M54.6M73.7M73.1M147.1M78.6M
Short Term Investments(36.7M)2.0M341K535K543K570.2K
Liabilities And Stockholders Equity866.4M832.8M986.9M1.3B1.7B977.2M
Non Current Liabilities Total99.8M48.8M45.6M67.5M46.7M64.1M
Inventory154.6M153.7M181.0M214.4M269.2M157.7M
Other Current Assets34.4M38.1M43.4M56.0M50.1M35.7M
Other Stockholder Equity347.9M347.0M346.4M346.8M347.5M351.2M
Total Liab219.6M173.1M242.6M458.1M743.3M780.4M
Total Current Assets417.9M452.2M588.2M713.0M872.7M514.8M
Accumulated Other Comprehensive Income(445K)(747K)(559K)(226K)(301.0K)(316.0K)
Short Term Debt26.7M(22.6M)87.1M228.0M5.5M5.2M
Intangible Assets8.4M4.7M4.0M6.2M4.0M5.4M
Long Term Debt106.2M72.3M92.4M44.4M40.0M71.6M
Property Plant Equipment368.8M336.8M340.7M460.1M529.1M382.4M
Other Liab7.4M4.4M5.7M4.0M3.6M5.0M
Net Tangible Assets640.4M655.7M741.3M790.8M909.4M767.1M

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