MagnaChip Short Term Debt vs Inventory Analysis

MX Stock

USD 3.86 0.19 5.18%

MagnaChip Semiconductor financial indicator trend analysis is infinitely more than just investigating MagnaChip Semiconductor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MagnaChip Semiconductor is a good investment. Please check the relationship between MagnaChip Semiconductor Short Term Debt and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MagnaChip Semiconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.

Short Term Debt vs Inventory

Short Term Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MagnaChip Semiconductor Short Term Debt account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between MagnaChip Semiconductor's Short Term Debt and Inventory is 0.5. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of MagnaChip Semiconductor, assuming nothing else is changed. The correlation between historical values of MagnaChip Semiconductor's Short Term Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of MagnaChip Semiconductor are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Term Debt i.e., MagnaChip Semiconductor's Short Term Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Debt

Inventory

Most indicators from MagnaChip Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MagnaChip 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MagnaChip Semiconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.At this time, MagnaChip Semiconductor's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.1 in 2024, whereas Tax Provision is likely to drop (2.2 M) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	153.5M	101.3M	51.6M	49.1M
Total Revenue	474.2M	337.7M	230.1M	218.5M

Gross Profit Total Revenue

MagnaChip Semiconductor fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.7	0.14	0.51	-0.09	0.89	0.27	0.7	-0.11	0.87	-0.25	0.93	0.65	-0.25	0.74	0.86	-0.08	0.71	0.65	-0.2	-0.31	0.71	0.81	0.34	0.1	0.88
Short Long Term Debt Total	0.7		-0.17	0.73	-0.74	0.86	-0.01	0.98	-0.77	0.85	-0.73	0.77	0.42	-0.73	0.77	0.73	-0.48	0.98	0.74	-0.54	-0.56	0.98	0.83	-0.16	0.05	0.74
Other Current Liab	0.14	-0.17		0.11	0.12	0.05	-0.15	-0.13	0.24	0.06	0.24	-0.01	-0.01	0.24	0.08	-0.2	-0.28	-0.01	0.35	0.14	-0.31	0.01	-0.16	0.4	0.65	-0.2
Total Current Liabilities	0.51	0.73	0.11		-0.65	0.56	0.2	0.67	-0.62	0.77	-0.36	0.46	0.01	-0.36	0.69	0.37	-0.48	0.72	0.63	-0.41	-0.58	0.8	0.43	0.07	0.49	0.39
Total Stockholder Equity	-0.09	-0.74	0.12	-0.65		-0.4	0.3	-0.73	0.98	-0.44	0.78	-0.21	0.05	0.78	-0.47	-0.15	0.73	-0.75	-0.59	0.59	0.6	-0.77	-0.37	0.43	-0.2	-0.15
Property Plant And Equipment Net	0.89	0.86	0.05	0.56	-0.4		0.08	0.89	-0.41	0.89	-0.62	0.97	0.64	-0.62	0.66	0.9	-0.32	0.87	0.72	-0.39	-0.56	0.85	0.94	-0.05	0.11	0.9
Current Deferred Revenue	0.27	-0.01	-0.15	0.2	0.3	0.08		-0.08	0.2	0.22	0.36	0.16	0.08	0.36	0.07	0.25	0.33	-0.06	-0.22	0.29	0.33	-0.01	0.02	0.2	-0.04	0.27
Net Debt	0.7	0.98	-0.13	0.67	-0.73	0.89	-0.08		-0.75	0.85	-0.81	0.81	0.48	-0.81	0.73	0.75	-0.53	0.98	0.76	-0.56	-0.6	0.96	0.88	-0.23	0.05	0.76
Retained Earnings	-0.11	-0.77	0.24	-0.62	0.98	-0.41	0.2	-0.75		-0.45	0.78	-0.24	0.01	0.77	-0.48	-0.22	0.68	-0.76	-0.52	0.61	0.5	-0.77	-0.4	0.45	-0.05	-0.22
Accounts Payable	0.87	0.85	0.06	0.77	-0.44	0.89	0.22	0.85	-0.45		-0.48	0.84	0.51	-0.48	0.84	0.76	-0.35	0.86	0.76	-0.36	-0.48	0.88	0.81	0.13	0.2	0.79
Cash	-0.25	-0.73	0.24	-0.36	0.78	-0.62	0.36	-0.81	0.78	-0.48		-0.51	-0.27	1.0	-0.36	-0.44	0.67	-0.73	-0.56	0.66	0.57	-0.69	-0.68	0.62	-0.02	-0.44
Non Current Assets Total	0.93	0.77	-0.01	0.46	-0.21	0.97	0.16	0.81	-0.24	0.84	-0.51		0.69	-0.51	0.6	0.95	-0.17	0.76	0.6	-0.31	-0.44	0.74	0.95	0.0	0.01	0.96
Non Currrent Assets Other	0.65	0.42	-0.01	0.01	0.05	0.64	0.08	0.48	0.01	0.51	-0.27	0.69		-0.27	0.41	0.69	-0.16	0.43	0.3	0.02	-0.11	0.38	0.68	0.06	-0.28	0.71
Cash And Short Term Investments	-0.25	-0.73	0.24	-0.36	0.78	-0.62	0.36	-0.81	0.77	-0.48	1.0	-0.51	-0.27		-0.36	-0.44	0.67	-0.73	-0.56	0.66	0.57	-0.69	-0.68	0.62	-0.02	-0.44
Net Receivables	0.74	0.77	0.08	0.69	-0.47	0.66	0.07	0.73	-0.48	0.84	-0.36	0.6	0.41	-0.36		0.49	-0.44	0.81	0.82	-0.45	-0.24	0.82	0.57	0.37	0.18	0.54
Common Stock Total Equity	0.86	0.73	-0.2	0.37	-0.15	0.9	0.25	0.75	-0.22	0.76	-0.44	0.95	0.69	-0.44	0.49		-0.02	0.68	0.38	-0.25	-0.31	0.65	0.94	-0.09	-0.23	1.0
Common Stock Shares Outstanding	-0.08	-0.48	-0.28	-0.48	0.73	-0.32	0.33	-0.53	0.68	-0.35	0.67	-0.17	-0.16	0.67	-0.44	-0.02		-0.57	-0.6	0.59	0.54	-0.57	-0.28	0.31	-0.42	-0.03
Non Current Liabilities Total	0.71	0.98	-0.01	0.72	-0.75	0.87	-0.06	0.98	-0.76	0.86	-0.73	0.76	0.43	-0.73	0.81	0.68	-0.57		0.83	-0.53	-0.59	0.99	0.81	-0.12	0.15	0.7
Inventory	0.65	0.74	0.35	0.63	-0.59	0.72	-0.22	0.76	-0.52	0.76	-0.56	0.6	0.3	-0.56	0.82	0.38	-0.6	0.83		-0.43	-0.57	0.83	0.56	0.21	0.5	0.42
Other Current Assets	-0.2	-0.54	0.14	-0.41	0.59	-0.39	0.29	-0.56	0.61	-0.36	0.66	-0.31	0.02	0.66	-0.45	-0.25	0.59	-0.53	-0.43		0.23	-0.53	-0.44	0.29	-0.06	-0.26
Other Stockholder Equity	-0.31	-0.56	-0.31	-0.58	0.6	-0.56	0.33	-0.6	0.5	-0.48	0.57	-0.44	-0.11	0.57	-0.24	-0.31	0.54	-0.59	-0.57	0.23		-0.62	-0.46	0.3	-0.52	-0.29
Total Liab	0.71	0.98	0.01	0.8	-0.77	0.85	-0.01	0.96	-0.77	0.88	-0.69	0.74	0.38	-0.69	0.82	0.65	-0.57	0.99	0.83	-0.53	-0.62		0.77	-0.09	0.21	0.67
Property Plant And Equipment Gross	0.81	0.83	-0.16	0.43	-0.37	0.94	0.02	0.88	-0.4	0.81	-0.68	0.95	0.68	-0.68	0.57	0.94	-0.28	0.81	0.56	-0.44	-0.46	0.77		-0.23	-0.11	0.94
Total Current Assets	0.34	-0.16	0.4	0.07	0.43	-0.05	0.2	-0.23	0.45	0.13	0.62	0.0	0.06	0.62	0.37	-0.09	0.31	-0.12	0.21	0.29	0.3	-0.09	-0.23		0.17	-0.05
Short Term Debt	0.1	0.05	0.65	0.49	-0.2	0.11	-0.04	0.05	-0.05	0.2	-0.02	0.01	-0.28	-0.02	0.18	-0.23	-0.42	0.15	0.5	-0.06	-0.52	0.21	-0.11	0.17		-0.21
Intangible Assets	0.88	0.74	-0.2	0.39	-0.15	0.9	0.27	0.76	-0.22	0.79	-0.44	0.96	0.71	-0.44	0.54	1.0	-0.03	0.7	0.42	-0.26	-0.29	0.67	0.94	-0.05	-0.21

Click cells to compare fundamentals

MagnaChip Semiconductor Account Relationship Matchups

MagnaChip Semiconductor fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	595.3M	571.7M	583.7M	516.6M	420.5M	501.8M
Short Long Term Debt Total	316.2M	88.1M	4.3M	5.5M	5.4M	5.1M
Other Current Liab	69.5M	23.4M	33.7M	24.7M	19.0M	29.6M
Total Current Liabilities	133.8M	173.6M	85.5M	47.2M	46.9M	44.5M
Total Stockholder Equity	(15.0M)	345.6M	452.8M	428.2M	344.6M	361.8M
Property Plant And Equipment Net	194.1M	101.0M	112.2M	116.0M	104.8M	180.4M
Current Deferred Revenue	1.4M	31.2M	38.2M	38.3M	1.5M	1.4M
Net Debt	164.6M	(191.8M)	(275.3M)	(220.0M)	(153.3M)	(145.6M)
Retained Earnings	(58.1M)	286.8M	343.5M	335.5M	298.9M	313.8M
Accounts Payable	60.9M	52.2M	37.6M	18.0M	24.4M	23.2M
Cash	151.7M	279.9M	279.5M	225.5M	158.1M	149.7M
Non Current Assets Total	216.0M	162.1M	174.5M	178.8M	175.1M	246.4M
Non Currrent Assets Other	17.9M	9.7M	10.7M	22.5M	17.9M	18.3M
Cash And Short Term Investments	151.7M	279.9M	279.5M	225.5M	158.1M	148.6M
Net Receivables	123.0M	68.7M	76.8M	43.2M	36.9M	35.1M
Common Stock Total Equity	439K	450K	559K	564K	507.6K	482.2K
Common Stock Shares Outstanding	34.3M	46.5M	47.7M	44.9M	41.0M	43.7M
Liabilities And Stockholders Equity	595.3M	571.7M	583.7M	516.6M	420.5M	501.8M
Non Current Liabilities Total	476.5M	52.5M	45.4M	41.2M	29.0M	27.6M
Inventory	73.3M	39.0M	39.4M	39.9M	36.6M	51.1M
Other Current Assets	9.4M	21.9M	13.4M	29.3M	13.8M	14.0M
Other Stockholder Equity	45.4M	54.6M	110.9M	104.6M	59.8M	50.7M
Total Liab	610.3M	226.1M	130.9M	88.5M	75.9M	72.1M
Property Plant And Equipment Gross	194.1M	101.0M	112.2M	116.0M	220.7M	174.6M
Total Current Assets	379.4M	409.6M	409.1M	337.9M	245.4M	352.0M
Accumulated Other Comprehensive Income	(2.7M)	3.7M	(2.2M)	(12.6M)	(14.7M)	(13.9M)
Short Term Debt	2.0M	85.7M	2.3M	1.4M	1.9M	1.8M
Intangible Assets	4.0M	2.7M	2.4M	1.9M	1.5M	1.5M
Common Stock	439K	450K	559K	564K	569K	540.6K
Other Liab	160.3M	50.1M	43.5M	37.1M	33.4M	31.7M
Other Assets	17.9M	63.0M	60M	60.9M	70.0M	40.4M
Property Plant Equipment	182.6M	96.4M	112.2M	110.7M	99.7M	156.6M
Retained Earnings Total Equity	(58.1M)	286.8M	343.5M	335.5M	385.8M	405.1M
Treasury Stock	(107.0M)	(108.4M)	(130.3M)	(161.4M)	(145.3M)	(152.5M)
Net Tangible Assets	(19.0M)	342.9M	450.4M	426.2M	490.2M	514.7M
Long Term Debt Total	306.7M	153K	73K	63K	56.7K	53.9K
Capital Surpluse	152.4M	163.0M	241.2M	266.1M	306.0M	180.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for MagnaChip Stock Analysis

When running MagnaChip Semiconductor's price analysis, check to measure MagnaChip Semiconductor's 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 MagnaChip Semiconductor is operating at the current time. Most of MagnaChip Semiconductor's value examination focuses on studying past and present price action to predict the probability of MagnaChip Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MagnaChip Semiconductor's price. Additionally, you may evaluate how the addition of MagnaChip Semiconductor to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

MagnaChip Short Term Debt vs Inventory Analysis

Short Term Debt vs Inventory

Short Term Debt vs Inventory Correlation Analysis

Correlation Coefficient

Short Term Debt

Inventory

MagnaChip Semiconductor fundamental ratios Correlations

MagnaChip Semiconductor Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MagnaChip Semiconductor fundamental ratios Accounts

Also Currently Popular

Additional Tools for MagnaChip Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Non Current Liabilities Total
Net Debt	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total

Cash And Short Term Investments	- 0.81	Net Debt
Cash	- 0.81	Net Debt
Total Liab	- 0.77	Retained Earnings
Total Liab	- 0.77	Total Stockholder Equity
Retained Earnings	- 0.77	Short Long Term Debt Total
Non Current Liabilities Total	- 0.76	Retained Earnings