Sitime Operating Income vs Net Income From Continuing Ops Analysis
SITM Stock | USD 210.50 1.83 0.88% |
Sitime financial indicator trend analysis is much more than just breaking down Sitime prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sitime is a good investment. Please check the relationship between Sitime Operating Income and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sitime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.
Operating Income vs Net Income From Continuing Ops
Operating Income vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sitime Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sitime's Operating Income and Net Income From Continuing Ops is 0.96. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Sitime, assuming nothing else is changed. The correlation between historical values of Sitime's Operating Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Sitime are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Sitime's Operating Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Sitime operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Sitime is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income From Continuing Ops
Most indicators from Sitime's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sitime 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 Sitime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.At this time, Sitime's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.60, while Selling General Administrative is likely to drop about 43.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 139.5M | 183.0M | 82.1M | 92.1M | Total Revenue | 218.8M | 283.6M | 144.0M | 162.3M |
Sitime fundamental ratios Correlations
Click cells to compare fundamentals
Sitime Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sitime fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 123.4M | 136.0M | 678.2M | 750.6M | 951.7M | 999.3M | |
Short Long Term Debt Total | 48.9M | 7.0M | 6.4M | 10.6M | 8.0M | 7.6M | |
Other Current Liab | 1.2M | 11.7M | 22.9M | 16.4M | 110.1M | 115.6M | |
Total Current Liabilities | 53.3M | 19.1M | 37.4M | 33.8M | 121.4M | 127.5M | |
Total Stockholder Equity | 62.1M | 109.9M | 632.5M | 708.5M | 708.1M | 743.5M | |
Net Tangible Assets | 57.7M | 107.8M | 626.5M | 703.3M | 808.8M | 849.2M | |
Property Plant And Equipment Net | 19.1M | 20.6M | 46.1M | 69.6M | 62.9M | 38.1M | |
Current Deferred Revenue | 6.1M | 7.2M | 8.6M | 18.4M | 21.2M | 22.3M | |
Net Debt | (14.5M) | (66.5M) | (553.1M) | (24.0M) | (1.4M) | (1.5M) | |
Retained Earnings | (54.0M) | (63.4M) | (31.1M) | (7.9M) | (88.4M) | (84.0M) | |
Accounts Payable | 3.9M | 6.2M | 13.1M | 14.9M | 8.7M | 9.0M | |
Cash | 63.4M | 73.5M | 559.5M | 34.6M | 9.5M | 9.0M | |
Non Current Assets Total | 23.7M | 22.8M | 52.3M | 81.5M | 328.4M | 344.9M | |
Cash And Short Term Investments | 63.4M | 73.5M | 559.5M | 564.1M | 528.2M | 283.8M | |
Net Receivables | 18.7M | 24.7M | 38.4M | 41.2M | 21.9M | 29.6M | |
Common Stock Shares Outstanding | 10.6M | 16.1M | 21.1M | 22.7M | 22.2M | 19.0M | |
Liabilities And Stockholders Equity | 123.4M | 136.0M | 678.2M | 750.6M | 951.7M | 999.3M | |
Non Current Liabilities Total | 7.9M | 7.0M | 8.3M | 8.3M | 122.2M | 128.3M | |
Capital Surpluse | 58.4M | 116.2M | 173.3M | 663.6M | 763.2M | 801.3M | |
Capital Lease Obligations | 9.8M | 7.0M | 6.4M | 8.1M | 8.0M | 6.2M | |
Inventory | 11.9M | 12.4M | 23.6M | 57.7M | 65.5M | 68.8M | |
Other Current Assets | 984K | 2.6M | 4.5M | 6.1M | 7.6M | 4.3M | |
Other Stockholder Equity | 116.2M | 173.3M | 663.6M | 716.3M | 796.5M | 408.1M | |
Total Liab | 61.3M | 26.1M | 45.7M | 42.1M | 243.6M | 255.8M | |
Net Invested Capital | 103.1M | 109.9M | 632.5M | 708.5M | 708.1M | 374.0M | |
Property Plant And Equipment Gross | 19.1M | 20.6M | 46.1M | 69.6M | 107.4M | 112.7M | |
Total Current Assets | 99.7M | 113.2M | 625.9M | 669.1M | 623.2M | 351.7M | |
Net Working Capital | 46.4M | 94.0M | 588.6M | 635.3M | 501.8M | 292.3M | |
Short Term Debt | 41M | 1.3M | 1.3M | 2.5M | 2.6M | 2.5M | |
Intangible Assets | 4.5M | 2.1M | 6.0M | 5.2M | 177.1M | 185.9M | |
Property Plant Equipment | 19.1M | 11.7M | 46.1M | 69.6M | 80.1M | 84.1M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Sitime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Sitime. If investors know Sitime 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 Sitime 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 (0.61) | Earnings Share (4.15) | Revenue Per Share 7.732 | Quarterly Revenue Growth 0.624 | Return On Assets (0.08) |
The market value of Sitime is measured differently than its book value, which is the value of Sitime that is recorded on the company's balance sheet. Investors also form their own opinion of Sitime's value that differs from its market value or its book value, called intrinsic value, which is Sitime'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 Sitime's market value can be influenced by many factors that don't directly affect Sitime'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 Sitime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sitime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sitime'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.