Silicom Accounts Payable vs Net Tangible Assets Analysis

SILC Stock  USD 14.96  0.74  5.20%   
Silicom financial indicator trend analysis is much more than just breaking down Silicom prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silicom is a good investment. Please check the relationship between Silicom Accounts Payable and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Silicom Stock refer to our How to Trade Silicom Stock guide.

Accounts Payable vs Net Tangible Assets

Accounts Payable vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silicom Accounts Payable account and Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Silicom's Accounts Payable and Net Tangible Assets is 0.39. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Silicom, assuming nothing else is changed. The correlation between historical values of Silicom's Accounts Payable and Net Tangible 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 Accounts Payable of Silicom are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Accounts Payable i.e., Silicom's Accounts Payable and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Silicom obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Silicom are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Silicom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silicom 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Silicom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Silicom Stock refer to our How to Trade Silicom Stock guide.At present, Silicom's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Total Revenue128.5M150.6M124.1M130.3M
Depreciation And Amortization2.4M2.4M2.5M2.6M

Silicom fundamental ratios Correlations

0.770.850.890.71-0.260.840.810.370.870.20.490.830.630.70.80.40.520.870.830.21-0.290.380.85-0.590.57
0.770.930.610.66-0.080.610.820.230.690.070.420.60.430.760.610.030.190.950.630.29-0.110.420.85-0.510.5
0.850.930.690.69-0.060.680.970.230.790.030.360.660.440.710.710.190.30.990.690.2-0.210.270.87-0.560.51
0.890.610.690.78-0.560.970.670.660.760.540.690.740.60.720.870.450.530.710.950.16-0.360.340.75-0.680.74
0.710.660.690.78-0.450.90.60.680.490.540.750.440.110.910.840.00.160.750.870.23-0.450.170.66-0.930.96
-0.26-0.08-0.06-0.56-0.45-0.62-0.02-0.95-0.1-0.9-0.58-0.2-0.13-0.31-0.51-0.19-0.11-0.09-0.60.340.2-0.11-0.130.41-0.64
0.840.610.680.970.9-0.620.640.760.670.610.740.640.40.80.910.310.40.720.970.11-0.410.260.7-0.820.88
0.810.820.970.670.6-0.020.640.170.79-0.040.240.660.440.590.690.320.360.930.640.11-0.230.160.81-0.490.42
0.370.230.230.660.68-0.950.760.170.180.920.720.220.080.530.640.090.080.270.73-0.19-0.280.080.27-0.640.83
0.870.690.790.760.49-0.10.670.790.180.00.330.620.650.530.530.390.60.770.580.22-0.280.370.79-0.430.33
0.20.070.030.540.54-0.90.61-0.040.920.00.780.150.130.430.460.00.020.080.630.0-0.180.120.21-0.550.74
0.490.420.360.690.75-0.580.740.240.720.330.780.260.340.680.5-0.090.050.420.740.54-0.110.140.53-0.750.82
0.830.60.660.740.44-0.20.640.660.220.620.150.260.670.450.690.650.640.660.720.06-0.280.440.74-0.270.34
0.630.430.440.60.11-0.130.40.440.080.650.130.340.670.240.310.450.520.420.460.350.140.450.60.00.04
0.70.760.710.720.91-0.310.80.590.530.530.430.680.450.240.76-0.070.230.80.80.32-0.430.510.77-0.790.84
0.80.610.710.870.84-0.510.910.690.640.530.460.50.690.310.760.320.320.740.94-0.09-0.370.260.62-0.690.78
0.40.030.190.450.0-0.190.310.320.090.390.0-0.090.650.45-0.070.320.780.140.34-0.25-0.350.140.250.18-0.03
0.520.190.30.530.16-0.110.40.360.080.60.020.050.640.520.230.320.780.30.37-0.05-0.690.480.5-0.040.1
0.870.950.990.710.75-0.090.720.930.270.770.080.420.660.420.80.740.140.30.720.24-0.260.350.9-0.620.58
0.830.630.690.950.87-0.60.970.640.730.580.630.740.720.460.80.940.340.370.720.14-0.340.30.72-0.740.85
0.210.290.20.160.230.340.110.11-0.190.220.00.540.060.350.32-0.09-0.25-0.050.240.140.190.070.4-0.290.15
-0.29-0.11-0.21-0.36-0.450.2-0.41-0.23-0.28-0.28-0.18-0.11-0.280.14-0.43-0.37-0.35-0.69-0.26-0.340.19-0.27-0.330.41-0.44
0.380.420.270.340.17-0.110.260.160.080.370.120.140.440.450.510.260.140.480.350.30.07-0.270.53-0.010.15
0.850.850.870.750.66-0.130.70.810.270.790.210.530.740.60.770.620.250.50.90.720.4-0.330.53-0.560.54
-0.59-0.51-0.56-0.68-0.930.41-0.82-0.49-0.64-0.43-0.55-0.75-0.270.0-0.79-0.690.18-0.04-0.62-0.74-0.290.41-0.01-0.56-0.91
0.570.50.510.740.96-0.640.880.420.830.330.740.820.340.040.840.78-0.030.10.580.850.15-0.440.150.54-0.91
Click cells to compare fundamentals

Silicom Account Relationship Matchups

Silicom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets195.1M195.9M219.6M216.2M168.4M86.2M
Other Current Liab8.8M13.0M18.6M9.6M6.7M4.6M
Total Current Liabilities26.3M29.4M50.3M27.1M12.9M11.5M
Total Stockholder Equity162.9M154.8M158.5M179.3M148.3M155.7M
Property Plant And Equipment Net7.4M14.0M13.3M12.9M10.0M10.5M
Net Debt(12.7M)(10.6M)(20.1M)(22.9M)(41.0M)(39.0M)
Retained Earnings113.8M119.5M130.0M147.6M121.2M127.3M
Accounts Payable16.4M14.6M29.9M15.9M4.1M6.5M
Cash16.5M20.7M29.3M30.7M47.0M49.3M
Non Current Assets Total84.6M59.7M70.5M62.6M33.3M27.7M
Non Currrent Assets Other1.6M1.8M1.9M1.7M4.4M4.6M
Cash And Short Term Investments44.1M60.8M37.6M34.8M54.9M57.7M
Net Receivables28.5M26.7M34.7M29.5M27.7M14.2M
Common Stock Shares Outstanding7.6M7.2M7.0M6.8M6.7M6.5M
Liabilities And Stockholders Equity195.1M195.9M219.6M216.2M168.4M86.2M
Non Current Liabilities Total5.8M11.7M10.8M9.8M7.2M7.6M
Inventory36.5M47.7M75.8M88.0M51.6M54.2M
Other Current Assets1.4M1.1M1.1M1.4M829K1.3M
Other Stockholder Equity49.1M35.3M28.4M31.7M27.0M24.8M
Total Liab32.1M41.1M61.1M36.9M20.1M14.8M
Total Current Assets110.4M136.2M149.1M153.6M135.1M141.9M
Short Term Investments27.6M40.1M8.3M4.0M8.0M10.9M
Other Liab3.1M3.4M3.4M3.5M4.0M2.7M
Other Assets3.4M3.6M4.3M2.2M2.5M1.9M
Property Plant Equipment7.4M14.0M13.3M12.9M14.9M15.6M
Property Plant And Equipment Gross7.4M14.0M30.6M32.4M31.7M33.3M
Intangible Assets1.7M1.2M4.3M6.7M2.3M2.1M
Long Term Investments46.5M15.3M23.8M15.2M16.6M17.9M
Net Tangible Assets135.6M128.1M128.6M147.0M169.1M127.9M
Net Invested Capital162.9M154.8M158.5M179.3M148.3M173.3M
Net Working Capital84.1M106.9M98.0M126.5M122.3M113.9M

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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.
When determining whether Silicom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Silicom'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 Silicom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Silicom Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Silicom Stock refer to our How to Trade Silicom Stock guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Communications 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 Silicom. If investors know Silicom 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 Silicom 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
(0.80)
Earnings Share
(6.45)
Revenue Per Share
10.059
Quarterly Revenue Growth
(0.51)
Return On Assets
(0.06)
The market value of Silicom is measured differently than its book value, which is the value of Silicom that is recorded on the company's balance sheet. Investors also form their own opinion of Silicom's value that differs from its market value or its book value, called intrinsic value, which is Silicom'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 Silicom's market value can be influenced by many factors that don't directly affect Silicom'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 Silicom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Silicom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silicom'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.