ChipMOS Total Stockholder Equity vs Total Current Assets Analysis

IMOS Stock  USD 19.92  0.34  1.74%   
ChipMOS Technologies financial indicator trend analysis is way more than just evaluating ChipMOS Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ChipMOS Technologies is a good investment. Please check the relationship between ChipMOS Technologies Total Stockholder Equity and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ChipMOS Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy ChipMOS Stock please use our How to Invest in ChipMOS Technologies guide.

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ChipMOS Technologies Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ChipMOS Technologies' Total Stockholder Equity and Total Current Assets is 0.59. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of ChipMOS Technologies, assuming nothing else is changed. The correlation between historical values of ChipMOS Technologies' Total Stockholder Equity and Total Current Assets 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 Stockholder Equity of ChipMOS Technologies are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., ChipMOS Technologies' Total Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.
Most indicators from ChipMOS Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ChipMOS Technologies 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ChipMOS Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy ChipMOS Stock please use our How to Invest in ChipMOS Technologies guide.At this time, ChipMOS Technologies' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 5.08 in 2024, whereas Selling General Administrative is likely to drop slightly above 468 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense131.2M142.4M266.0M147.6M
Depreciation And Amortization4.6B4.8B4.8B4.3B

ChipMOS Technologies fundamental ratios Correlations

0.790.040.550.940.830.460.320.830.730.270.730.490.240.72-0.020.80.710.910.770.750.910.570.7-0.09-0.75
0.79-0.150.160.60.610.190.540.40.460.20.540.450.160.41-0.150.570.920.720.710.580.950.570.58-0.17-0.6
0.04-0.150.350.1-0.14-0.05-0.350.06-0.330.33-0.12-0.40.290.23-0.28-0.36-0.21-0.09-0.20.1-0.06-0.280.190.210.22
0.550.160.350.540.190.3-0.510.670.270.690.080.010.690.440.320.23-0.120.40.420.170.310.390.740.65-0.21
0.940.60.10.540.830.440.240.860.690.20.750.380.170.73-0.110.790.550.840.650.840.750.440.59-0.08-0.67
0.830.61-0.140.190.830.530.640.710.85-0.250.950.48-0.290.7-0.160.90.720.780.660.780.770.420.22-0.49-0.85
0.460.19-0.050.30.440.530.270.460.68-0.150.530.68-0.140.150.150.40.280.660.320.360.390.110.12-0.26-0.3
0.320.54-0.35-0.510.240.640.27-0.020.47-0.690.730.46-0.710.23-0.430.510.780.450.250.540.540.06-0.31-0.8-0.53
0.830.40.060.670.860.710.46-0.020.710.340.610.40.340.60.270.720.310.710.580.470.580.380.580.11-0.62
0.730.46-0.330.270.690.850.680.470.71-0.160.780.69-0.160.540.20.880.560.780.540.540.650.350.26-0.4-0.71
0.270.20.330.690.2-0.25-0.15-0.690.34-0.16-0.41-0.150.990.040.39-0.18-0.130.080.18-0.150.160.260.830.80.21
0.730.54-0.120.080.750.950.530.730.610.78-0.410.54-0.440.61-0.250.830.690.780.490.760.690.210.02-0.57-0.77
0.490.45-0.40.010.380.480.680.460.40.69-0.150.54-0.110.090.130.560.540.690.30.310.520.160.15-0.37-0.42
0.240.160.290.690.17-0.29-0.14-0.710.34-0.160.99-0.44-0.110.020.43-0.19-0.180.070.14-0.180.120.250.810.830.21
0.720.410.230.440.730.70.150.230.60.540.040.610.090.02-0.090.660.420.530.520.670.590.50.42-0.18-0.76
-0.02-0.15-0.280.32-0.11-0.160.15-0.430.270.20.39-0.250.130.43-0.09-0.05-0.250.040.01-0.48-0.10.150.230.350.1
0.80.57-0.360.230.790.90.40.510.720.88-0.180.830.56-0.190.66-0.050.640.750.710.670.710.540.3-0.4-0.89
0.710.92-0.21-0.120.550.720.280.780.310.56-0.130.690.54-0.180.42-0.250.640.720.630.640.910.440.31-0.53-0.66
0.910.72-0.090.40.840.780.660.450.710.780.080.780.690.070.530.040.750.720.620.750.850.380.51-0.23-0.62
0.770.71-0.20.420.650.660.320.250.580.540.180.490.30.140.520.010.710.630.620.460.780.90.62-0.09-0.79
0.750.580.10.170.840.780.360.540.470.54-0.150.760.31-0.180.67-0.480.670.640.750.460.690.260.31-0.37-0.57
0.910.95-0.060.310.750.770.390.540.580.650.160.690.520.120.59-0.10.710.910.850.780.690.590.61-0.24-0.72
0.570.57-0.280.390.440.420.110.060.380.350.260.210.160.250.50.150.540.440.380.90.260.590.630.05-0.67
0.70.580.190.740.590.220.12-0.310.580.260.830.020.150.810.420.230.30.310.510.620.310.610.630.47-0.29
-0.09-0.170.210.65-0.08-0.49-0.26-0.80.11-0.40.8-0.57-0.370.83-0.180.35-0.4-0.53-0.23-0.09-0.37-0.240.050.470.41
-0.75-0.60.22-0.21-0.67-0.85-0.3-0.53-0.62-0.710.21-0.77-0.420.21-0.760.1-0.89-0.66-0.62-0.79-0.57-0.72-0.67-0.290.41
Click cells to compare fundamentals

ChipMOS Technologies Account Relationship Matchups

ChipMOS Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.3B35.1B42.5B44.9B46.2B38.4B
Short Long Term Debt Total9.7B8.6B11.0B14.9B16.0B11.3B
Other Current Liab2.3B2.1B2.6B2.5B2.5B2.1B
Total Current Liabilities4.9B5.7B7.2B6.5B7.4B6.8B
Total Stockholder Equity19.7B20.7B24.4B24.6B24.9B20.7B
Property Plant And Equipment Net18.7B18.9B20.9B18.8B20.2B17.8B
Current Deferred Revenue2.2M10.8M5.2B420.0M483.0M545.6M
Net Debt5.0B4.5B5.1B5.0B3.6B2.4B
Retained Earnings6.3B5.4B8.7B8.5B8.5B5.6B
Accounts Payable1.8B2.1B2.8B2.0B2.0B1.5B
Cash4.7B4.1B5.9B9.9B12.4B6.5B
Non Current Assets Total22.5B22.7B26.0B24.1B21.0B20.7B
Non Currrent Assets Other282.8M120.0M566.0M394.8M211.3M209.4M
Cash And Short Term Investments4.9B4.4B6.3B10.1B12.4B6.7B
Net Receivables4.5B5.8B4.9B4.9B5.8B5.1B
Common Stock Shares Outstanding737.1M736.9M742.9M742.6M734.9M771.7M
Liabilities And Stockholders Equity34.3B35.1B42.5B44.9B46.2B38.2B
Non Current Liabilities Total9.8B8.6B11.0B13.8B14.0B10.0B
Inventory1.8B2.1B3.2B3.2B2.6B2.2B
Other Current Assets666.9M75.6M2.1B2.1B4.4B4.6B
Other Stockholder Equity4.5B6.2B6.5B6.3B6.2B4.8B
Total Liab14.7B14.4B18.1B20.3B21.3B16.8B
Property Plant And Equipment Gross18.0M18.9B20.9B21.3B85.4B89.6B
Total Current Assets11.8B12.4B16.5B20.3B25.2B17.7B
Accumulated Other Comprehensive Income1.6B2.0B2.1B2.6B2.9B1.5B
Short Term Debt773M883.8M948.4M1.7B2.5B1.6B
Common Stock8.9B7.5B7.3B7.3B6.5B6.4B
Short Term Investments169M259.6M389.2M227.0M83.8M79.6M
Other Liab791.3M905.9M907.1M610.2M701.7M594.0M
Net Tangible Assets19.7B20.8B24.4B24.6B28.3B17.6B
Other Assets5.4M326.9M805.4M552.0M1.00.95
Long Term Debt8.3B7.0B9.4B12.4B12.6B8.1B
Long Term Investments3.5B3.5B4.3B4.7B410.9M390.3M
Short Long Term Debt748.4M751.3M778.6M1.5B2.3B1.3B
Property Plant Equipment18.7B18.9B20.9B21.3B24.5B15.5B
Capital Lease Obligations693.0M870.5M851.3M920.4M1.1B548.6M
Non Current Liabilities Other5.6M21.7M21.6M21.6M21.2M11.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for ChipMOS Stock Analysis

When running ChipMOS Technologies' price analysis, check to measure ChipMOS Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ChipMOS Technologies is operating at the current time. Most of ChipMOS Technologies' value examination focuses on studying past and present price action to predict the probability of ChipMOS Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChipMOS Technologies' price. Additionally, you may evaluate how the addition of ChipMOS Technologies to your portfolios can decrease your overall portfolio volatility.