QuickLogic Net Income vs Depreciation Analysis
QUIK Stock | USD 7.52 0.01 0.13% |
QuickLogic financial indicator trend analysis is much more than just breaking down QuickLogic prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QuickLogic is a good investment. Please check the relationship between QuickLogic Net Income and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuickLogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy QuickLogic Stock please use our How to buy in QuickLogic Stock guide.
Net Income vs Depreciation
Net Income vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QuickLogic Net Income account and Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between QuickLogic's Net Income and Depreciation is 0.26. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of QuickLogic, assuming nothing else is changed. The correlation between historical values of QuickLogic's Net Income and Depreciation 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 QuickLogic are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., QuickLogic's Net Income and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in QuickLogic financial statement analysis. It represents the amount of money remaining after all of QuickLogic operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Depreciation
Depreciation indicates how much of QuickLogic value has been used up. For tax purposes QuickLogic can deduct the cost of the tangible assets it purchases as business expenses. However, QuickLogic must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from QuickLogic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QuickLogic 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 QuickLogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy QuickLogic Stock please use our How to buy in QuickLogic Stock guide.At this time, QuickLogic's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 91.73 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.36.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.4M | 8.8M | 14.5M | 10.7M | Total Revenue | 12.7M | 16.2M | 21.2M | 20.9M |
QuickLogic fundamental ratios Correlations
Click cells to compare fundamentals
QuickLogic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
QuickLogic fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 33.4M | 32.9M | 29.0M | 32.6M | 47.8M | 33.7M | |
Short Long Term Debt Total | 17.3M | 18.1M | 16.7M | 16.4M | 22.4M | 23.5M | |
Other Current Liab | 1.1M | 655K | 744K | 1.5M | 2.2M | 1.8M | |
Total Current Liabilities | 18.0M | 18.0M | 18.9M | 20.0M | 29.6M | 31.1M | |
Total Stockholder Equity | 13.8M | 12.5M | 9.2M | 11.9M | 16.9M | 23.4M | |
Property Plant And Equipment Net | 3.2M | 2.4M | 2.0M | 1.9M | 9.9M | 10.4M | |
Net Debt | (4.2M) | (4.7M) | (2.9M) | (2.8M) | (2.2M) | (2.3M) | |
Retained Earnings | (283.3M) | (294.4M) | (301.0M) | (305.3M) | (305.6M) | (290.3M) | |
Accounts Payable | 1.0M | 935K | 934K | 2.4M | 4.7M | 2.4M | |
Cash | 21.4M | 22.7M | 19.6M | 19.2M | 24.6M | 19.5M | |
Non Current Assets Total | 5.0M | 4.7M | 4.8M | 4.6M | 13.2M | 13.8M | |
Non Currrent Assets Other | 314K | 280K | 309K | 140K | 142K | 134.9K | |
Cash And Short Term Investments | 21.4M | 22.7M | 19.6M | 19.2M | 24.6M | 20.0M | |
Net Receivables | 2.0M | 1.7M | 1.3M | 4.7M | 6.4M | 6.8M | |
Common Stock Shares Outstanding | 7.7M | 9.8M | 11.5M | 12.6M | 13.5M | 12.8M | |
Liabilities And Stockholders Equity | 33.4M | 32.9M | 29.0M | 32.6M | 47.8M | 33.7M | |
Non Current Liabilities Total | 124K | 1.6M | 2.4M | 891K | 669K | 1.0M | |
Inventory | 3.3M | 2.7M | 2.1M | 2.5M | 2.0M | 3.7M | |
Other Current Assets | 1.6M | 1.1M | 1.2M | 1.9M | 1.6M | 878.2K | |
Other Stockholder Equity | 297.1M | 306.9M | 310.2M | 317.2M | 322.4M | 230.9M | |
Total Liab | 19.6M | 20.4M | 19.8M | 20.7M | 30.9M | 32.4M | |
Total Current Assets | 28.4M | 28.2M | 24.2M | 27.9M | 34.6M | 27.3M | |
Short Term Debt | 15.7M | 16.4M | 16.6M | 15.9M | 21.6M | 22.6M | |
Common Stock Total Equity | 95K | 8K | 11K | 13K | 15.0K | 14.2K | |
Property Plant And Equipment Gross | 3.2M | 548K | 2.0M | 465K | 23.2M | 24.3M | |
Common Stock | 8K | 11K | 12K | 13K | 14K | 13.3K | |
Other Liab | 14K | 16K | 147K | 125K | 112.5K | 106.9K | |
Other Assets | 314K | 3.1M | (1K) | 140K | 1.0 | 0.95 | |
Property Plant Equipment | 830K | 2.4M | 2.0M | 465K | 418.5K | 397.6K | |
Net Tangible Assets | 12.3M | 10.5M | 7.0M | 11.9M | 10.7M | 15.6M | |
Retained Earnings Total Equity | (267.8M) | (283.3M) | (294.4M) | (305.3M) | (274.8M) | (288.5M) | |
Capital Surpluse | 285.0M | 297.1M | 306.9M | 317.2M | 364.8M | 283.1M | |
Non Current Liabilities Other | 16K | 1.6M | 147K | 125K | 143.8K | 245.5K |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuickLogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy QuickLogic Stock please use our How to buy in QuickLogic Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 QuickLogic. If investors know QuickLogic 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 QuickLogic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.10) | Revenue Per Share 1.54 | Quarterly Revenue Growth (0.36) | Return On Assets (0.02) | Return On Equity (0.09) |
The market value of QuickLogic is measured differently than its book value, which is the value of QuickLogic that is recorded on the company's balance sheet. Investors also form their own opinion of QuickLogic's value that differs from its market value or its book value, called intrinsic value, which is QuickLogic'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 QuickLogic's market value can be influenced by many factors that don't directly affect QuickLogic'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 QuickLogic's value and its price as these two are different measures arrived at by different means. Investors typically determine if QuickLogic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QuickLogic'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.