ASE Capex To Depreciation vs Roic Analysis

ASX Stock

USD 10.52 0.01 0.1%

ASE Industrial financial indicator trend analysis is way more than just evaluating ASE Industrial Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ASE Industrial Holding is a good investment. Please check the relationship between ASE Industrial Capex To Depreciation and its Roic accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASE Industrial Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Capex To Depreciation vs Roic

Capex To Depreciation vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ASE Industrial Holding Capex To Depreciation account and Roic. At this time, the significance of the direction appears to have weak relationship.

The correlation between ASE Industrial's Capex To Depreciation and Roic is 0.3. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Roic in the same time period over historical financial statements of ASE Industrial Holding, assuming nothing else is changed. The correlation between historical values of ASE Industrial's Capex To Depreciation and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of ASE Industrial Holding are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Capex To Depreciation i.e., ASE Industrial's Capex To Depreciation and Roic go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

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Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from ASE Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ASE Industrial Holding 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 ASE Industrial Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, ASE Industrial's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.05 in 2025, whereas Tax Provision is likely to drop slightly above 9.7 B in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	134.9B	91.8B	105.5B	110.8B
Total Revenue	670.9B	581.9B	669.2B	702.7B

Gross Profit Total Revenue

ASE Industrial 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.79	0.94	0.99	0.98	0.99	0.74	0.8	0.98	0.91	0.99	0.81	0.75	0.99	-0.33	0.82	0.36	0.76	0.92	0.9	0.95	0.99	0.99	0.99	0.45	-0.33
Short Long Term Debt Total	0.79		0.6	0.73	0.67	0.76	0.98	0.35	0.81	0.7	0.79	0.51	0.85	0.73	-0.44	0.87	0.43	0.98	0.74	0.64	0.79	0.86	0.77	0.78	0.65	-0.43
Other Current Liab	0.94	0.6		0.96	0.97	0.96	0.54	0.92	0.89	0.85	0.94	0.86	0.6	0.97	-0.33	0.74	0.19	0.55	0.84	0.93	0.91	0.89	0.95	0.92	0.21	-0.34
Total Current Liabilities	0.99	0.73	0.96		0.99	0.99	0.67	0.86	0.97	0.92	0.98	0.81	0.73	0.99	-0.27	0.78	0.33	0.68	0.93	0.92	0.93	0.96	0.99	0.99	0.44	-0.28
Total Stockholder Equity	0.98	0.67	0.97	0.99		0.97	0.6	0.9	0.95	0.91	0.97	0.82	0.71	0.98	-0.21	0.75	0.33	0.62	0.91	0.9	0.9	0.93	0.97	0.97	0.37	-0.22
Property Plant And Equipment Net	0.99	0.76	0.96	0.99	0.97		0.72	0.8	0.96	0.9	0.99	0.78	0.71	0.98	-0.31	0.81	0.34	0.72	0.9	0.89	0.95	0.97	1.0	0.97	0.4	-0.32
Net Debt	0.74	0.98	0.54	0.67	0.6	0.72		0.26	0.76	0.59	0.75	0.46	0.72	0.68	-0.51	0.82	0.44	0.98	0.68	0.58	0.78	0.83	0.73	0.71	0.58	-0.5
Retained Earnings	0.8	0.35	0.92	0.86	0.9	0.8	0.26		0.76	0.75	0.78	0.77	0.49	0.85	-0.09	0.58	0.04	0.28	0.79	0.87	0.69	0.7	0.8	0.82	0.14	-0.1
Accounts Payable	0.98	0.81	0.89	0.97	0.95	0.96	0.76	0.76		0.89	0.97	0.79	0.76	0.98	-0.33	0.83	0.35	0.79	0.93	0.87	0.93	0.98	0.96	0.98	0.47	-0.33
Cash	0.91	0.7	0.85	0.92	0.91	0.9	0.59	0.75	0.89		0.89	0.7	0.83	0.9	-0.13	0.71	0.31	0.64	0.84	0.81	0.81	0.89	0.89	0.93	0.51	-0.14
Non Current Assets Total	0.99	0.79	0.94	0.98	0.97	0.99	0.75	0.78	0.97	0.89		0.82	0.72	0.98	-0.36	0.81	0.36	0.76	0.89	0.88	0.97	0.98	0.99	0.97	0.39	-0.36
Non Currrent Assets Other	0.81	0.51	0.86	0.81	0.82	0.78	0.46	0.77	0.79	0.7	0.82		0.5	0.84	-0.58	0.63	0.2	0.51	0.63	0.87	0.85	0.77	0.78	0.78	0.03	-0.59
Cash And Short Term Investments	0.75	0.85	0.6	0.73	0.71	0.71	0.72	0.49	0.76	0.83	0.72	0.5		0.7	-0.14	0.77	0.46	0.77	0.72	0.61	0.65	0.76	0.71	0.78	0.71	-0.13
Net Receivables	0.99	0.73	0.97	0.99	0.98	0.98	0.68	0.85	0.98	0.9	0.98	0.84	0.7		-0.33	0.81	0.29	0.69	0.9	0.91	0.95	0.96	0.98	0.98	0.36	-0.34
Common Stock Total Equity	-0.33	-0.44	-0.33	-0.27	-0.21	-0.31	-0.51	-0.09	-0.33	-0.13	-0.36	-0.58	-0.14	-0.33		-0.46	0.02	-0.52	-0.17	-0.42	-0.55	-0.4	-0.31	-0.27	0.18	1.0
Common Stock Shares Outstanding	0.82	0.87	0.74	0.78	0.75	0.81	0.82	0.58	0.83	0.71	0.81	0.63	0.77	0.81	-0.46		0.08	0.85	0.76	0.74	0.81	0.84	0.81	0.8	0.38	-0.45
Short Term Investments	0.36	0.43	0.19	0.33	0.33	0.34	0.44	0.04	0.35	0.31	0.36	0.2	0.46	0.29	0.02	0.08		0.39	0.33	0.18	0.36	0.37	0.35	0.36	0.6	0.02
Non Current Liabilities Total	0.76	0.98	0.55	0.68	0.62	0.72	0.98	0.28	0.79	0.64	0.76	0.51	0.77	0.69	-0.52	0.85	0.39		0.69	0.6	0.78	0.84	0.73	0.74	0.57	-0.51
Inventory	0.92	0.74	0.84	0.93	0.91	0.9	0.68	0.79	0.93	0.84	0.89	0.63	0.72	0.9	-0.17	0.76	0.33	0.69		0.85	0.8	0.91	0.9	0.96	0.6	-0.17
Other Current Assets	0.9	0.64	0.93	0.92	0.9	0.89	0.58	0.87	0.87	0.81	0.88	0.87	0.61	0.91	-0.42	0.74	0.18	0.6	0.85		0.84	0.87	0.89	0.91	0.32	-0.43
Other Stockholder Equity	0.95	0.79	0.91	0.93	0.9	0.95	0.78	0.69	0.93	0.81	0.97	0.85	0.65	0.95	-0.55	0.81	0.36	0.78	0.8	0.84		0.96	0.95	0.91	0.28	-0.55
Total Liab	0.99	0.86	0.89	0.96	0.93	0.97	0.83	0.7	0.98	0.89	0.98	0.77	0.76	0.96	-0.4	0.84	0.37	0.84	0.91	0.87	0.96		0.97	0.97	0.49	-0.4
Property Plant And Equipment Gross	0.99	0.77	0.95	0.99	0.97	1.0	0.73	0.8	0.96	0.89	0.99	0.78	0.71	0.98	-0.31	0.81	0.35	0.73	0.9	0.89	0.95	0.97		0.97	0.42	-0.32
Total Current Assets	0.99	0.78	0.92	0.99	0.97	0.97	0.71	0.82	0.98	0.93	0.97	0.78	0.78	0.98	-0.27	0.8	0.36	0.74	0.96	0.91	0.91	0.97	0.97		0.52	-0.27
Short Term Debt	0.45	0.65	0.21	0.44	0.37	0.4	0.58	0.14	0.47	0.51	0.39	0.03	0.71	0.36	0.18	0.38	0.6	0.57	0.6	0.32	0.28	0.49	0.42	0.52		0.19
Common Stock	-0.33	-0.43	-0.34	-0.28	-0.22	-0.32	-0.5	-0.1	-0.33	-0.14	-0.36	-0.59	-0.13	-0.34	1.0	-0.45	0.02	-0.51	-0.17	-0.43	-0.55	-0.4	-0.32	-0.27	0.19

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ASE Industrial Account Relationship Matchups

ASE Industrial fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	583.9B	672.9B	707.1B	666.6B	766.6B	804.9B
Short Long Term Debt Total	203.2B	221.6B	201.3B	178.2B	204.9B	109.5B
Other Current Liab	54.1B	71.0B	86.5B	103.5B	119.1B	125.0B
Total Current Liabilities	172.5B	210.9B	222.3B	222.3B	255.7B	268.5B
Total Stockholder Equity	218.6B	260.1B	301.3B	297.8B	342.5B	359.6B
Property Plant And Equipment Net	241.8B	250.5B	279.3B	284.6B	327.3B	343.6B
Net Debt	151.7B	143.7B	136.5B	110.9B	127.5B	72.5B
Retained Earnings	30.1B	69.7B	91.6B	95.8B	110.2B	115.7B
Accounts Payable	73.3B	84.5B	79.0B	70.3B	80.9B	84.9B
Cash	51.5B	76.1B	58.0B	67.3B	77.4B	81.2B
Non Current Assets Total	359.3B	380.6B	406.7B	405.2B	466.0B	489.3B
Non Currrent Assets Other	14.0B	25.4B	25.3B	26.9B	31.0B	32.5B
Cash And Short Term Investments	56.4B	79.1B	65.6B	71.4B	82.1B	41.6B
Net Receivables	101.0B	115.5B	114.6B	121.1B	139.3B	146.3B
Common Stock Shares Outstanding	4.3B	4.4B	4.3B	4.3B	5.0B	2.6B
Short Term Investments	4.9B	3.1B	7.6B	4.1B	4.7B	5.2B
Liabilities And Stockholders Equity	583.9B	672.9B	707.1B	666.6B	766.6B	804.9B
Non Current Liabilities Total	177.1B	187.4B	164.9B	126.1B	145.0B	83.9B
Inventory	62.0B	73.2B	92.8B	63.3B	72.8B	76.4B
Other Current Assets	5.1B	24.5B	27.3B	22.1B	25.4B	26.7B
Other Stockholder Equity	154.5B	130.4B	143.1B	160.8B	184.9B	194.1B
Total Liab	349.6B	398.3B	387.1B	348.5B	400.7B	420.8B
Property Plant And Equipment Gross	241.9B	241.8B	250.5B	279.3B	321.2B	337.2B
Total Current Assets	224.6B	292.4B	300.4B	261.3B	300.5B	315.6B
Accumulated Other Comprehensive Income	14.7B	15.9B	23.0B	(2.5B)	(2.9B)	(2.8B)
Short Term Debt	41.3B	55.5B	56.8B	35.8B	41.2B	32.6B
Common Stock	43.5B	44.1B	43.7B	43.8B	50.4B	57.9B
Other Liab	12.6B	20.3B	23.1B	20.5B	23.5B	24.7B
Other Assets	18.5B	19.3B	30.8B	9.9B	11.4B	6.4B
Long Term Debt	172.2B	157.4B	164.3B	137.8B	158.5B	166.4B
Good Will	54.8B	52.1B	52.3B	51.7B	59.5B	62.5B
Intangible Assets	80.9B	76.0B	72.8B	17.8B	20.5B	24.0B
Property Plant Equipment	241.9B	241.8B	250.5B	301.0B	346.2B	363.5B
Net Tangible Assets	122.4B	137.7B	184.1B	221.2B	254.4B	150.1B
Long Term Investments	15.6B	17.0B	23.3B	22.9B	26.3B	22.1B
Short Long Term Debt	42.7B	119.1B	139.9B	56.8B	65.3B	64.5B
Long Term Debt Total	177.4B	156.6B	166.1B	144.5B	166.2B	114.5B

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ASE Capex To Depreciation vs Roic Analysis

Capex To Depreciation vs Roic

Capex To Depreciation vs Roic Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Roic

ASE Industrial fundamental ratios Correlations

ASE Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ASE Industrial fundamental ratios Accounts

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Additional Tools for ASE Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Liabilities	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets

Common Stock	- 0.59	Non Currrent Assets Other
Common Stock Total Equity	- 0.58	Non Currrent Assets Other
Common Stock	- 0.55	Other Stockholder Equity
Other Stockholder Equity	- 0.55	Common Stock Total Equity
Non Current Liabilities Total	- 0.52	Common Stock Total Equity
Common Stock	- 0.51	Non Current Liabilities Total