Qualcomm Total Operating Expenses vs Tax Provision Analysis
| QCOM Stock | USD 156.79 1.33 0.86% |
Qualcomm Incorporated financial indicator trend analysis is much more than just breaking down Qualcomm Incorporated prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qualcomm Incorporated is a good investment. Please check the relationship between Qualcomm Incorporated Total Operating Expenses and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualcomm Incorporated. 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. To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.
Total Operating Expenses vs Tax Provision
Total Operating Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qualcomm Incorporated Total Operating Expenses account and Tax Provision. At this time, the significance of the direction appears to have no relationship.
The correlation between Qualcomm Incorporated's Total Operating Expenses and Tax Provision is 0.02. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Qualcomm Incorporated, assuming nothing else is changed. The correlation between historical values of Qualcomm Incorporated's Total Operating Expenses 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 Total Operating Expenses of Qualcomm Incorporated 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 Total Operating Expenses i.e., Qualcomm Incorporated's Total Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.02 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 Qualcomm Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qualcomm Incorporated 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualcomm Incorporated. 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. To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.At this time, Qualcomm Incorporated's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Multiple is likely to grow to 20.77, though Discontinued Operations is likely to grow to (42.8 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 25.6B | 20.0B | 21.9B | 23.0B | Total Revenue | 44.2B | 35.8B | 39.0B | 40.9B |
Qualcomm Incorporated fundamental ratios Correlations
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Qualcomm Incorporated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qualcomm Incorporated fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 35.6B | 41.2B | 49.0B | 51.0B | 55.2B | 57.9B | |
| Short Long Term Debt Total | 15.7B | 15.7B | 15.5B | 15.4B | 14.6B | 15.4B | |
| Other Current Liab | 5.4B | 5.6B | 5.0B | 4.7B | 5.2B | 5.4B | |
| Total Current Liabilities | 8.7B | 12.0B | 11.9B | 9.6B | 10.5B | 11.0B | |
| Total Stockholder Equity | 6.1B | 10.0B | 18.0B | 21.6B | 26.3B | 14.4B | |
| Property Plant And Equipment Net | 3.7B | 4.6B | 5.2B | 5.0B | 4.7B | 4.9B | |
| Net Debt | 9.0B | 8.6B | 12.7B | 6.9B | 6.8B | 7.1B | |
| Retained Earnings | 5.3B | 9.8B | 17.8B | 20.7B | 25.7B | 27.0B | |
| Cash | 6.7B | 7.1B | 2.8B | 8.5B | 7.8B | 4.8B | |
| Non Current Assets Total | 17.1B | 21.2B | 28.3B | 28.6B | 29.9B | 31.4B | |
| Non Currrent Assets Other | 3.1B | 4.9B | 7.6B | 6.8B | 8.1B | 8.5B | |
| Cash And Short Term Investments | 11.2B | 12.4B | 6.4B | 11.3B | 13.3B | 8.7B | |
| Net Receivables | 4.0B | 3.6B | 5.6B | 3.2B | 3.9B | 4.1B | |
| Liabilities And Stockholders Equity | 35.6B | 41.2B | 49.0B | 51.0B | 55.2B | 57.9B | |
| Non Current Liabilities Total | 20.8B | 19.3B | 19.1B | 19.8B | 18.4B | 19.3B | |
| Inventory | 2.6B | 3.2B | 6.3B | 6.4B | 6.4B | 6.7B | |
| Other Current Assets | 704M | 854M | 1.7B | 1.5B | 1.6B | 1.7B | |
| Other Stockholder Equity | 100M | 207M | 128M | (22M) | (25.3M) | (24.0M) | |
| Total Liab | 29.5B | 31.3B | 31.0B | 29.5B | 28.9B | 30.3B | |
| Total Current Assets | 18.5B | 20.1B | 20.7B | 22.5B | 25.2B | 26.5B | |
| Short Term Debt | 500M | 2.2B | 2.0B | 1.0B | 1.4B | 800.6M | |
| Accounts Payable | 2.2B | 2.8B | 3.8B | 1.9B | 2.6B | 2.7B | |
| Property Plant And Equipment Gross | 3.7B | 4.6B | 11.8B | 12.7B | 13.5B | 14.2B | |
| Accumulated Other Comprehensive Income | 207M | 128M | (22M) | 358M | 587M | 616.4M | |
| Short Term Investments | 4.5B | 5.3B | 3.6B | 2.9B | 5.5B | 4.9B | |
| Common Stock | 343M | 586M | 195M | 490M | 563.5M | 525.8M | |
| Other Liab | 5.6B | 5.1B | 5.6B | 5.0B | 5.8B | 3.2B | |
| Other Assets | 3.5B | 3.9B | 7.2B | 8.8B | 10.1B | 10.6B | |
| Good Will | 6.3B | 7.2B | 10.5B | 10.6B | 10.8B | 11.3B | |
| Intangible Assets | 1.7B | 1.5B | 1.9B | 1.4B | 1.2B | 2.2B | |
| Property Plant Equipment | 3.1B | 3.7B | 4.6B | 5.2B | 5.9B | 6.2B | |
| Current Deferred Revenue | 568M | 612M | 369M | 293M | 297M | 457.8M | |
| Long Term Debt | 15.2B | 13.7B | 13.5B | 14.5B | 13.3B | 7.0B | |
| Net Tangible Assets | (3.5B) | 6.1B | 10.0B | 5.6B | 5.1B | 4.8B | |
| Retained Earnings Total Equity | 4.5B | 5.3B | 9.8B | 17.8B | 16.1B | 12.4B |
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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 Qualcomm Incorporated. If investors know Qualcomm 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 Qualcomm Incorporated 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 0.941 | Dividend Share 3.3 | Earnings Share 8.94 | Revenue Per Share 34.912 | Quarterly Revenue Growth 0.187 |
The market value of Qualcomm Incorporated is measured differently than its book value, which is the value of Qualcomm that is recorded on the company's balance sheet. Investors also form their own opinion of Qualcomm Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Qualcomm Incorporated'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 Qualcomm Incorporated's market value can be influenced by many factors that don't directly affect Qualcomm Incorporated'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 Qualcomm Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualcomm Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualcomm Incorporated'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.