0XVE Total Current Assets vs Other Current Liab Analysis

0XVE Stock   111.53  1.20  1.06%   
BE Semiconductor financial indicator trend analysis is way more than just evaluating BE Semiconductor Ind prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BE Semiconductor Ind is a good investment. Please check the relationship between BE Semiconductor Total Current Assets and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BE Semiconductor Industries. 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.

Total Current Assets vs Other Current Liab

Total Current Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BE Semiconductor Ind Total Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BE Semiconductor's Total Current Assets and Other Current Liab is 0.8. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of BE Semiconductor Industries, assuming nothing else is changed. The correlation between historical values of BE Semiconductor's Total Current Assets and Other Current Liab 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 BE Semiconductor Industries are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Assets i.e., BE Semiconductor's Total Current Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Other Current Liab

Most indicators from BE Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BE Semiconductor Ind 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 BE Semiconductor Industries. 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 8.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 62.6 M in 2024.
 2019 2020 2023 2024 (projected)
Gross Profit198.8M258.6M232.7M205.9M
Total Revenue356.2M433.6M390.3M365.3M

BE Semiconductor fundamental ratios Correlations

0.970.80.280.930.840.970.990.88-0.590.72-0.760.790.390.490.990.97-0.90.80.810.80.670.66-0.320.740.63
0.970.720.160.910.931.00.980.82-0.510.8-0.850.730.460.491.00.94-0.930.880.910.870.660.64-0.250.720.65
0.80.720.310.930.680.730.790.97-0.50.54-0.480.930.430.580.750.88-0.620.630.510.620.70.91-0.410.860.82
0.280.160.310.22-0.110.170.270.270.38-0.330.350.180.3-0.450.210.22-0.13-0.14-0.15-0.20.190.030.470.030.05
0.930.910.930.220.880.910.930.98-0.550.74-0.70.950.390.650.920.98-0.790.830.760.830.740.88-0.440.910.77
0.840.930.68-0.110.880.920.870.78-0.520.91-0.870.770.320.680.90.88-0.790.960.920.950.70.76-0.380.830.7
0.971.00.730.170.910.920.980.82-0.510.8-0.840.740.460.481.00.94-0.930.870.910.860.660.64-0.250.720.65
0.990.980.790.270.930.870.980.87-0.540.74-0.770.790.40.490.990.97-0.90.840.820.820.720.67-0.270.750.66
0.880.820.970.270.980.780.820.87-0.550.62-0.590.970.370.640.850.95-0.720.720.640.750.690.9-0.50.90.73
-0.59-0.51-0.50.38-0.55-0.52-0.51-0.54-0.55-0.710.69-0.530.07-0.78-0.54-0.60.56-0.52-0.54-0.57-0.35-0.480.76-0.54-0.43
0.720.80.54-0.330.740.910.80.740.62-0.71-0.870.630.140.770.770.76-0.690.90.860.830.650.66-0.430.730.7
-0.76-0.85-0.480.35-0.7-0.87-0.84-0.77-0.590.69-0.87-0.52-0.37-0.61-0.82-0.740.87-0.8-0.94-0.86-0.38-0.50.47-0.56-0.54
0.790.730.930.180.950.770.740.790.97-0.530.63-0.520.210.740.750.9-0.580.730.580.760.730.95-0.570.970.7
0.390.460.430.30.390.320.460.40.370.070.14-0.370.21-0.230.440.34-0.580.170.440.14-0.060.270.210.090.52
0.490.490.58-0.450.650.680.480.490.64-0.780.77-0.610.74-0.230.480.63-0.370.680.520.750.570.76-0.830.820.5
0.991.00.750.210.920.91.00.990.85-0.540.77-0.820.750.440.480.96-0.930.850.880.850.660.64-0.280.720.65
0.970.940.880.220.980.880.940.970.95-0.60.76-0.740.90.340.630.96-0.840.850.780.850.750.8-0.420.870.71
-0.9-0.93-0.62-0.13-0.79-0.79-0.93-0.9-0.720.56-0.690.87-0.58-0.58-0.37-0.93-0.84-0.68-0.88-0.74-0.38-0.470.28-0.51-0.53
0.80.880.63-0.140.830.960.870.840.72-0.520.9-0.80.730.170.680.850.85-0.680.840.930.810.72-0.320.820.68
0.810.910.51-0.150.760.920.910.820.64-0.540.86-0.940.580.440.520.880.78-0.880.840.850.420.54-0.350.610.55
0.80.870.62-0.20.830.950.860.820.75-0.570.83-0.860.760.140.750.850.85-0.740.930.850.660.71-0.540.810.52
0.670.660.70.190.740.70.660.720.69-0.350.65-0.380.73-0.060.570.660.75-0.380.810.420.660.71-0.140.810.68
0.660.640.910.030.880.760.640.670.9-0.480.66-0.50.950.270.760.640.8-0.470.720.540.710.71-0.540.960.82
-0.32-0.25-0.410.47-0.44-0.38-0.25-0.27-0.50.76-0.430.47-0.570.21-0.83-0.28-0.420.28-0.32-0.35-0.54-0.14-0.54-0.57-0.16
0.740.720.860.030.910.830.720.750.9-0.540.73-0.560.970.090.820.720.87-0.510.820.610.810.810.96-0.570.72
0.630.650.820.050.770.70.650.660.73-0.430.7-0.540.70.520.50.650.71-0.530.680.550.520.680.82-0.160.72
Click cells to compare fundamentals

BE Semiconductor Account Relationship Matchups

BE Semiconductor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets875.0M772.7M696.9M911.4M1.0B845.6M
Short Long Term Debt Total267.3M271.8M284.9M406.9M467.9M297.8M
Total Current Liabilities86.6M101.5M187.6M143.9M165.5M135.8M
Total Stockholder Equity434.1M372.2M298.5M371.2M334.1M291.1M
Retained Earnings121.7M180.5M333.6M304.8M350.5M221.2M
Other Assets58.3M72.6M96.4M101.6M116.9M62.2M
Long Term Debt267.3M271.8M277.1M400.0M459.9M294.5M
Cash And Short Term Investments528.0M425.8M408.6M598.8M688.7M498.1M
Net Receivables90.1M101.6M186.9M170.0M195.5M141.8M
Good Will44.7M45.1M45.3M44.5M40.0M36.1M
Short Term Investments168K130.2M130.2M223.4M257.0M269.8M
Capital Surpluse222.3M197.3M159.7M178.6M160.7M157.2M
Inventory46.6M51.6M94.4M92.1M105.9M74.0M
Other Current Assets3.4M1.3M5.5M385K442.8K420.6K
Other Stockholder Equity16.3M11.3M33.8M51.6M59.4M62.3M
Total Liab440.8M400.5M398.4M540.1M621.1M445.3M
Total Current Assets550.3M755.5M936.1M936.7M1.1B786.5M
Intangible Assets34.1M38.3M42.6M50.7M58.3M44.8M
Common Stock800K801K786K811K932.7K751.8K
Property Plant Equipment41.5M37.7M40.5M50.8M58.4M39.7M
Other Current Liab32.0M31.7M77.4M62.5M71.9M53.4M
Other Liab26.8M31.7M28.2M25.6M23.0M22.4M
Net Tangible Assets251.7M325.8M573.3M582.4M669.8M453.0M
Accounts Payable30.3M44.0M74.7M41.4M47.6M49.2M
Deferred Long Term Liab41.1M49.7M67.9M80.8M93.0M60.8M

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