MACOM Net Income vs Tax Provision Analysis
MTSI Stock | USD 134.64 0.73 0.54% |
MACOM Technology financial indicator trend analysis is infinitely more than just investigating MACOM Technology Sol recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MACOM Technology Sol is a good investment. Please check the relationship between MACOM Technology Net Income and its Tax Provision accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MACOM Technology Solutions. 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.
Net Income vs Tax Provision
Net Income vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MACOM Technology Sol Net Income account and Tax Provision. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MACOM Technology's Net Income and Tax Provision is -0.54. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of MACOM Technology Solutions, assuming nothing else is changed. The correlation between historical values of MACOM Technology's Net Income and Tax Provision 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 Income of MACOM Technology Solutions are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Net Income i.e., MACOM Technology's Net Income and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in MACOM Technology Sol financial statement analysis. It represents the amount of money remaining after all of MACOM Technology Solutions operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most indicators from MACOM Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MACOM Technology Sol 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MACOM Technology Solutions. 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. The MACOM Technology's current Tax Provision is estimated to increase to about 22.3 M, while Selling General Administrative is projected to decrease to under 115 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.3M | 8.4M | 5.1M | 4.9M | Depreciation And Amortization | 57.2M | 52.2M | 67.2M | 70.6M |
MACOM Technology fundamental ratios Correlations
Click cells to compare fundamentals
MACOM Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MACOM Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.1B | 1.6B | 1.6B | 1.8B | 985.0M | |
Other Current Liab | 57.3M | 54.0M | 55.1M | 47.4M | 64.3M | 38.3M | |
Total Current Liabilities | 95.0M | 93.0M | 97.2M | 83.5M | 108.2M | 85.2M | |
Total Stockholder Equity | 300.1M | 471.7M | 842.7M | 947.6M | 1.1B | 1.2B | |
Other Liab | 38.3M | 49.2M | 29.4M | 11.1M | 12.8M | 12.2M | |
Net Tangible Assets | (145.8M) | 72.8M | 480.1M | 557.2M | 640.8M | 672.8M | |
Retained Earnings | (839.7M) | (801.8M) | (354.3M) | (262.7M) | (185.9M) | (195.1M) | |
Accounts Payable | 23.0M | 28.7M | 30.7M | 25.0M | 43.2M | 42.9M | |
Cash | 129.4M | 156.5M | 120.0M | 174.0M | 146.8M | 125.3M | |
Other Assets | 49.1M | 77.8M | 272.4M | 226.6M | 260.6M | 273.6M | |
Long Term Debt | 652.2M | 492.1M | 565.9M | 447.1M | 514.2M | 395.4M | |
Net Receivables | 47.1M | 84.6M | 101.6M | 91.3M | 105.7M | 85.9M | |
Good Will | 315.0M | 314.2M | 311.4M | 323.4M | 332.2M | 179.6M | |
Common Stock Total Equity | 66K | 67K | 69K | 70K | 80.5K | 47.6K | |
Common Stock Shares Outstanding | 66.6M | 70.5M | 71.2M | 71.5M | 73.6M | 50.5M | |
Short Term Investments | 203.7M | 188.4M | 466.6M | 340.6M | 435.1M | 456.8M | |
Inventory | 91.6M | 82.7M | 115.0M | 136.3M | 194.5M | 97.5M | |
Other Current Assets | 9.7M | 9.4M | 20.1M | 19.1M | 21M | 17.8M | |
Other Stockholder Equity | 1.1B | 1.3B | 1.2B | 1.2B | 1.3B | 754.7M | |
Total Liab | 846.3M | 662.4M | 729.1M | 605.6M | 629.3M | 536.2M | |
Long Term Investments | 23.6M | 17.7M | 15.3M | 2.5M | 2.9M | 2.7M | |
Total Current Assets | 481.5M | 521.5M | 813.1M | 761.2M | 903.1M | 459.9M | |
Accumulated Other Comprehensive Income | 5.0M | 4.2M | (5.9M) | (3.6M) | 2.5M | 2.6M | |
Short Term Debt | 8.3M | 8.4M | 7.5M | 8.4M | 646K | 613.7K | |
Intangible Assets | 130.9M | 84.7M | 51.3M | 67.0M | 76.1M | 72.3M | |
Common Stock | 67K | 69K | 70K | 71K | 72K | 68.4K | |
Property Plant Equipment | 118.9M | 120.5M | 123.7M | 175.1M | 201.3M | 211.4M | |
Short Long Term Debt Total | 689.4M | 521.1M | 594.0M | 487.3M | 480.1M | 523.1M | |
Property Plant And Equipment Net | 118.9M | 120.5M | 123.7M | 175.1M | 176.0M | 102.6M | |
Current Deferred Revenue | 6.3M | 1.9M | 3.9M | 2.8M | 2.5M | 2.6M | |
Net Debt | 560.0M | 364.6M | 474.0M | 313.4M | 333.3M | 291.9M | |
Non Current Assets Total | 664.9M | 612.6M | 758.7M | 792.1M | 852.6M | 557.9M | |
Non Currrent Assets Other | 40.5M | 38.3M | 32.4M | 224.1M | 55.8M | 33.2M | |
Cash And Short Term Investments | 333.2M | 344.9M | 586.5M | 514.5M | 581.9M | 611.0M | |
Liabilities And Stockholders Equity | 1.1B | 1.1B | 1.6B | 1.6B | 1.8B | 1.0B | |
Non Current Liabilities Total | 751.3M | 569.4M | 631.9M | 522.1M | 521.1M | 479.2M |
Currently Active Assets on Macroaxis
When determining whether MACOM Technology Sol offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MACOM Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Macom Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macom Technology Solutions Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MACOM Technology Solutions. 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. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MACOM Technology. If investors know MACOM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MACOM Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.141 | Earnings Share 1.04 | Revenue Per Share 10.139 | Quarterly Revenue Growth 0.335 | Return On Assets 0.0307 |
The market value of MACOM Technology Sol is measured differently than its book value, which is the value of MACOM that is recorded on the company's balance sheet. Investors also form their own opinion of MACOM Technology's value that differs from its market value or its book value, called intrinsic value, which is MACOM Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MACOM Technology's market value can be influenced by many factors that don't directly affect MACOM Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MACOM Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if MACOM Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MACOM Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.