Silicon Accounts Payable vs Total Liab Analysis
SIMO Stock | USD 55.15 0.35 0.64% |
Silicon Motion financial indicator trend analysis is much more than just breaking down Silicon Motion Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silicon Motion Technology is a good investment. Please check the relationship between Silicon Motion Accounts Payable and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicon Motion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Accounts Payable vs Total Liab
Accounts Payable vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silicon Motion Technology Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Silicon Motion's Accounts Payable and Total Liab is 0.83. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Silicon Motion Technology, assuming nothing else is changed. The correlation between historical values of Silicon Motion's Accounts Payable and Total Liab 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 Silicon Motion Technology are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Silicon Motion's Accounts Payable and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Silicon Motion 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 Silicon Motion Technology 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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Silicon Motion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silicon Motion Technology 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 Silicon Motion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. As of the 22nd of November 2024, Selling General Administrative is likely to drop to about 26.2 M. In addition to that, Tax Provision is likely to drop to about 11.2 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 460.8M | 465.8M | 271.0M | 178.7M | Total Revenue | 922.1M | 945.9M | 640.5M | 368.9M |
Silicon Motion fundamental ratios Correlations
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Silicon Motion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silicon Motion fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 697.7M | 742.1M | 971.3M | 961.3M | 1.0B | 1.1B | |
Total Stockholder Equity | 536.8M | 557.7M | 657.6M | 732.6M | 734.6M | 771.4M | |
Net Debt | (320.1M) | (339.9M) | (357.2M) | (229.0M) | (312.0M) | (296.4M) | |
Cash | 323.2M | 343.0M | 360.1M | 232.2M | 314.3M | 182.0M | |
Other Assets | 5.1M | 7.3M | 20.2M | 24.6M | 28.3M | 29.7M | |
Cash And Short Term Investments | 325.2M | 343.0M | 360.1M | 232.2M | 314.3M | 201.6M | |
Common Stock Shares Outstanding | 35.3M | 35.0M | 35.0M | 33.4M | 33.5M | 35.0M | |
Liabilities And Stockholders Equity | 697.7M | 742.1M | 971.3M | 961.3M | 1.0B | 1.1B | |
Other Stockholder Equity | 265.2M | 275.1M | 244.6M | 303.6M | 321.0M | 198.1M | |
Total Liab | 160.9M | 184.3M | 313.8M | 228.6M | 273.2M | 286.9M | |
Total Current Assets | 565.2M | 607.0M | 818.1M | 787.9M | 793.2M | 832.8M | |
Other Current Liab | 14.3M | 104.3M | 153.6M | 102.5M | 147.3M | 154.7M | |
Total Current Liabilities | 125.8M | 158.7M | 281.6M | 183.9M | 212.8M | 223.4M | |
Property Plant And Equipment Net | 97.8M | 105.5M | 124.5M | 139.4M | 181.5M | 190.6M | |
Retained Earnings | 271.0M | 281.6M | 412.1M | 425.1M | 411.2M | 431.7M | |
Accounts Payable | 30.7M | 44.5M | 80.8M | 36.0M | 55.6M | 29.4M | |
Non Current Assets Total | 132.5M | 135.1M | 153.2M | 173.3M | 214.7M | 108.6M | |
Non Currrent Assets Other | 10.3M | 24.6M | 20.2M | 11.9M | 16.0M | 16.8M | |
Net Receivables | 108.7M | 115.8M | 208.6M | 206.1M | 194.7M | 204.4M | |
Common Stock Total Equity | 1.4M | 1.4M | 1.4M | 1.4M | 1.2M | 1.2M | |
Non Current Liabilities Total | 35.2M | 25.6M | 32.2M | 44.8M | 60.4M | 63.5M | |
Inventory | 88.4M | 110.2M | 163.1M | 288.0M | 217.0M | 227.8M | |
Other Current Assets | 18.8M | 49.1M | 86.4M | 61.7M | 67.3M | 70.7M | |
Property Plant And Equipment Gross | 107.1M | 112.2M | 212.8M | 245.7M | 294.2M | 308.9M | |
Accumulated Other Comprehensive Income | (785K) | (349K) | (540K) | 2.6M | 1.2M | 1.2M | |
Common Stock | 1.4M | 1.4M | 1.4M | 1.3M | 1.3M | 1.3M | |
Other Liab | 23.8M | 24.8M | 32.2M | 44.8M | 51.5M | 54.1M | |
Intangible Assets | 17.5M | 6.2M | 6.5M | 3.8M | 4.6M | 5.3M | |
Property Plant Equipment | 103.3M | 105.5M | 124.5M | 139.4M | 160.3M | 168.4M | |
Current Deferred Revenue | 77.7M | 98.4M | 178.3M | 6.9M | 6.4M | 6.1M | |
Short Term Debt | 3.0M | 3.1M | 2.9M | 3.2M | 2.3M | 2.2M | |
Good Will | 17.5M | (10.9M) | (12.8M) | (4.6M) | (4.1M) | (3.9M) | |
Long Term Investments | 3M | 5M | 8.5M | 9.3M | 17.1M | 18.0M | |
Net Tangible Assets | 515.7M | 551.5M | 657.6M | 732.6M | 842.5M | 518.7M |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicon Motion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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 Silicon Motion. If investors know Silicon 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 Silicon Motion 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 0.953 | Earnings Share 2.66 | Revenue Per Share 24.268 | Quarterly Revenue Growth 0.233 | Return On Assets 0.0554 |
The market value of Silicon Motion Technology is measured differently than its book value, which is the value of Silicon that is recorded on the company's balance sheet. Investors also form their own opinion of Silicon Motion's value that differs from its market value or its book value, called intrinsic value, which is Silicon Motion'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 Silicon Motion's market value can be influenced by many factors that don't directly affect Silicon Motion'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 Silicon Motion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Silicon Motion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silicon Motion'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.