Will Net Tangible Assets vs Non Current Liabilities Total Analysis

603501 Stock   98.64  1.44  1.48%   
Will Semiconductor financial indicator trend analysis is more than just analyzing Will Semiconductor current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Will Semiconductor is a good investment. Please check the relationship between Will Semiconductor Net Tangible Assets and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Will Semiconductor Co. 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.

Net Tangible Assets vs Non Current Liabilities Total

Net Tangible Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Will Semiconductor Net Tangible Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Will Semiconductor's Net Tangible Assets and Non Current Liabilities Total is 0.94. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Will Semiconductor Co, assuming nothing else is changed. The correlation between historical values of Will Semiconductor's Net Tangible Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Will Semiconductor Co are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Tangible Assets i.e., Will Semiconductor's Net Tangible Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Non Current Liabilities Total

Most indicators from Will Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Will Semiconductor 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 Will Semiconductor Co. 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.
The current year's Selling General Administrative is expected to grow to about 369.6 M. The current year's Tax Provision is expected to grow to about 188.8 M
 2021 2022 2023 2024 (projected)
Operating Income5.0B2.5B1.3B1.3B
Total Revenue24.1B20.1B21.0B22.1B

Will Semiconductor fundamental ratios Correlations

0.190.881.00.930.970.750.950.970.980.950.840.621.00.990.930.950.990.99-0.910.980.990.460.940.910.94
0.190.470.130.40.070.740.230.320.150.320.350.840.270.150.420.380.220.13-0.210.290.10.170.250.290.39
0.880.470.840.920.80.890.770.910.820.850.950.810.910.860.90.920.870.83-0.80.90.840.60.910.950.97
1.00.130.840.920.980.710.960.960.980.940.80.570.980.990.910.940.981.0-0.90.981.00.430.920.880.92
0.930.40.920.920.870.870.890.990.880.960.840.790.950.930.941.00.930.9-0.830.980.920.620.860.920.95
0.970.070.80.980.870.660.930.920.990.870.820.470.960.950.840.890.930.99-0.920.950.970.450.930.870.9
0.750.740.890.710.870.660.750.840.710.810.780.940.790.720.830.860.760.71-0.680.820.690.450.780.780.88
0.950.230.770.960.890.930.750.920.950.950.680.60.930.950.890.910.960.96-0.870.940.940.270.880.780.87
0.970.320.910.960.990.920.840.920.930.970.850.730.970.950.940.990.950.94-0.861.00.960.60.890.920.96
0.980.150.820.980.880.990.710.950.930.880.830.530.970.960.860.90.950.99-0.940.950.970.40.950.880.92
0.950.320.850.940.960.870.810.950.970.880.730.740.940.950.960.970.950.92-0.790.970.940.460.830.830.89
0.840.350.950.80.840.820.780.680.850.830.730.660.880.80.80.850.80.81-0.820.850.810.680.90.960.94
0.620.840.810.570.790.470.940.60.730.530.740.660.670.60.80.770.650.55-0.510.70.550.440.590.670.74
1.00.270.910.980.950.960.790.930.970.970.940.880.670.980.940.960.980.98-0.910.980.980.490.950.930.96
0.990.150.860.990.930.950.720.950.950.960.950.80.60.980.920.940.990.98-0.880.970.990.420.910.890.91
0.930.420.90.910.940.840.830.890.940.860.960.80.80.940.920.950.930.89-0.810.940.90.470.840.870.91
0.950.380.920.941.00.890.860.910.990.90.970.850.770.960.940.950.940.92-0.850.990.940.610.870.930.95
0.990.220.870.980.930.930.760.960.950.950.950.80.650.980.990.930.940.97-0.890.970.980.380.920.890.92
0.990.130.831.00.90.990.710.960.940.990.920.810.550.980.980.890.920.97-0.910.970.990.410.940.880.92
-0.91-0.21-0.8-0.9-0.83-0.92-0.68-0.87-0.86-0.94-0.79-0.82-0.51-0.91-0.88-0.81-0.85-0.89-0.91-0.88-0.89-0.4-0.93-0.89-0.89
0.980.290.90.980.980.950.820.941.00.950.970.850.70.980.970.940.990.970.97-0.880.980.560.910.920.96
0.990.10.841.00.920.970.690.940.960.970.940.810.550.980.990.90.940.980.99-0.890.980.480.910.90.91
0.460.170.60.430.620.450.450.270.60.40.460.680.440.490.420.470.610.380.41-0.40.560.480.410.680.57
0.940.250.910.920.860.930.780.880.890.950.830.90.590.950.910.840.870.920.94-0.930.910.910.410.920.96
0.910.290.950.880.920.870.780.780.920.880.830.960.670.930.890.870.930.890.88-0.890.920.90.680.920.96
0.940.390.970.920.950.90.880.870.960.920.890.940.740.960.910.910.950.920.92-0.890.960.910.570.960.96
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Will Semiconductor Account Relationship Matchups

Will Semiconductor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.5B22.6B32.1B35.2B37.7B39.6B
Other Current Liab1.4B1.2B1.6B5.7M5.3M5.0M
Total Current Liabilities7.6B6.8B8.7B10.4B9.1B4.7B
Total Stockholder Equity7.9B11.2B16.2B18.0B21.5B22.5B
Other Liab883.2M987.3M1.1B1.2B1.4B1.4B
Retained Earnings1.0B4.0B8.2B8.6B9.0B9.5B
Accounts Payable1.9B1.6B2.6B1.1B1.7B1.0B
Cash3.2B5.5B7.7B4.0B9.1B9.5B
Other Assets975.7M1.1B1.2B1.6B1.9B1.9B
Long Term Debt928M3.2B5.7B5.1B5.4B5.7B
Net Receivables2.8B2.5B2.9B2.5B4.0B4.2B
Inventory4.4B5.3B8.8B12.4B6.3B3.9B
Other Current Assets493.2M347.5M419.6M204.3M239.0M221.7M
Total Liab9.5B11.1B15.8B17.1B16.2B17.1B
Intangible Assets1.7B2.0B2.3B2.8B3.3B3.5B
Property Plant Equipment1.6B1.7B2.0B2.3B2.6B2.8B
Good Will2.2B2.8B3.0B3.2B3.9B4.1B
Net Tangible Assets725.7M4.3B6.9B11.6B13.3B14.0B
Other Stockholder Equity(14.8M)18.1M(583.1M)(534.5M)(481.1M)(457.0M)
Deferred Long Term Liab382.5M520.6M630.7M881.3M1.0B1.1B
Non Current Assets Total6.6B8.7B11.8B15.6B17.5B18.4B
Non Currrent Assets Other175.9M160.7M160.1M820.0M244.5M337.2M
Non Current Liabilities Total1.9B4.3B7.1B6.7B7.2B3.8B
Short Long Term Debt1.7B2.5B2.4B3.6B2.7B2.1B
Total Current Assets10.9B13.9B20.3B19.6B20.3B13.4B
Common Stock Shares Outstanding863.7M867.6M875.7M1.2B1.2B930.2M
Net Invested Capital10.5B16.9B24.3B26.7B29.5B17.8B
Non Current Liabilities Other887.3M794.0M830.0M1.0B1.1B746.6M
Net Working Capital3.3B7.1B11.6B9.2B11.2B6.7B
Short Term Investments11.9M13.1M15.1M14.0M132.7M139.4M
Capital Stock863.7M867.6M875.7M1.2B1.2B1.0B

Currently Active Assets on Macroaxis

Other Information on Investing in Will Stock

Balance Sheet is a snapshot of the financial position of Will Semiconductor at a specified time, usually calculated after every quarter, six months, or one year. Will Semiconductor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Will Semiconductor and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Will currently owns. An asset can also be divided into two categories, current and non-current.