STMicroelectronics Net Income Per Share vs Payables Turnover Analysis
STM Stock | USD 24.54 0.04 0.16% |
STMicroelectronics financial indicator trend analysis is much more than just breaking down STMicroelectronics NV ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether STMicroelectronics NV ADR is a good investment. Please check the relationship between STMicroelectronics Net Income Per Share and its Payables Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STMicroelectronics NV ADR. 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.
Net Income Per Share vs Payables Turnover
Net Income Per Share vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of STMicroelectronics NV ADR Net Income Per Share account and Payables Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between STMicroelectronics' Net Income Per Share and Payables Turnover is -0.62. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of STMicroelectronics NV ADR, assuming nothing else is changed. The correlation between historical values of STMicroelectronics' Net Income Per Share and Payables Turnover 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 Per Share of STMicroelectronics NV ADR are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Net Income Per Share i.e., STMicroelectronics' Net Income Per Share and Payables Turnover go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Income Per Share
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most indicators from STMicroelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into STMicroelectronics NV ADR 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 STMicroelectronics NV ADR. 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. At this time, STMicroelectronics' Tax Provision is very stable compared to the past year. As of the 23rd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.10, while Enterprise Value Over EBITDA is likely to drop 5.62.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 12.8B | 16.1B | 17.3B | 9.3B | Depreciation And Amortization | 1.3B | 1.5B | 1.6B | 831.0M |
STMicroelectronics fundamental ratios Correlations
Click cells to compare fundamentals
STMicroelectronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
STMicroelectronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 903.6M | 919.7M | 923.8M | 912.3M | 944.2M | 984.9M | |
Total Assets | 11.9B | 15.3B | 16.4B | 21.0B | 24.5B | 13.3B | |
Short Long Term Debt Total | 2.1B | 2.6B | 2.5B | 3.4B | 3.2B | 2.2B | |
Other Current Liab | 878M | 732M | 125M | 1.4B | 1.2B | 797.0M | |
Total Current Liabilities | 2.1B | 3.8B | 3.0B | 4.7B | 3.7B | 2.6B | |
Total Stockholder Equity | 7.0B | 8.3B | 9.5B | 13.4B | 16.7B | 17.6B | |
Property Plant And Equipment Net | 4.0B | 4.8B | 5.8B | 8.3B | 10.6B | 11.1B | |
Current Deferred Revenue | 63M | 1.1B | 1.1B | 225M | 282M | 338.8M | |
Net Debt | (525M) | (389M) | (691M) | (686M) | (49M) | (51.5M) | |
Retained Earnings | 2.7B | 3.2B | 4.5B | 8.4B | 12.5B | 13.1B | |
Accounts Payable | 950M | 1.2B | 1.6B | 2.1B | 1.9B | 1.1B | |
Cash | 2.6B | 3.0B | 3.2B | 3.3B | 3.2B | 2.3B | |
Non Current Assets Total | 5.6B | 7.6B | 8.6B | 11.2B | 12.6B | 7.0B | |
Cash And Short Term Investments | 2.7B | 3.8B | 3.5B | 4.6B | 6.1B | 6.4B | |
Net Receivables | 1.4B | 1.8B | 2.2B | 2.6B | 2.7B | 1.7B | |
Short Term Investments | 137M | 840M | 297M | 1.3B | 2.9B | 3.0B | |
Liabilities And Stockholders Equity | 11.9B | 15.3B | 16.4B | 21.0B | 24.5B | 13.3B | |
Non Current Liabilities Total | 2.7B | 3.2B | 3.9B | 2.8B | 3.9B | 2.6B | |
Inventory | 1.7B | 1.8B | 2.0B | 2.6B | 2.7B | 1.5B | |
Other Current Assets | 442M | 53M | 42M | 734M | 366M | 237.9M | |
Other Stockholder Equity | 2.7B | 2.2B | 2.1B | 2.0B | 2.5B | 2.1B | |
Total Liab | 4.8B | 7.0B | 6.8B | 7.5B | 7.6B | 5.1B | |
Total Current Assets | 6.3B | 7.7B | 7.8B | 9.8B | 11.8B | 6.3B | |
Accumulated Other Comprehensive Income | 1.2B | 475M | 1.7B | 1.7B | 1.9B | 688.7M | |
Short Term Debt | 173M | 796M | 143M | 885M | 275M | 371.7M | |
Intangible Assets | 299M | 1.3B | 1.4B | 1.5B | 367M | 675.2M | |
Other Liab | 791M | 642M | 927M | 922M | 1.1B | 619.8M | |
Other Assets | 1.0B | 1.4B | 1.3B | 787M | 905.1M | 684.7M | |
Long Term Debt | 1.9B | 1.8B | 2.4B | 2.5B | 2.7B | 1.5B | |
Property Plant Equipment | 4.0B | 4.6B | 5.7B | 8.2B | 7.4B | 3.8B | |
Property Plant And Equipment Gross | 4.0B | 4.6B | 23.8B | 26.5B | 30.0B | 31.5B | |
Treasury Stock | (141M) | (328M) | (93M) | (200M) | (230M) | (241.5M) | |
Good Will | 162M | 312M | 295M | 279M | 303M | 271.6M | |
Long Term Investments | 80M | 34M | 10M | 11M | 53M | 44.4M | |
Short Long Term Debt | 173M | 795M | 143M | 175M | 217M | 249.5M | |
Net Tangible Assets | 6.7B | 6.6B | 7.7B | 8.5B | 9.7B | 6.7B |
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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 STMicroelectronics. If investors know STMicroelectronics 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 STMicroelectronics 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 (0.68) | Dividend Share 0.36 | Earnings Share 2.43 | Revenue Per Share 15.77 | Quarterly Revenue Growth (0.27) |
The market value of STMicroelectronics NV ADR is measured differently than its book value, which is the value of STMicroelectronics that is recorded on the company's balance sheet. Investors also form their own opinion of STMicroelectronics' value that differs from its market value or its book value, called intrinsic value, which is STMicroelectronics' 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 STMicroelectronics' market value can be influenced by many factors that don't directly affect STMicroelectronics' 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 STMicroelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if STMicroelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STMicroelectronics' 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.