Skyworks Good Will vs Total Liab Analysis

SWKS Stock  USD 85.05  1.62  1.94%   
Skyworks Solutions financial indicator trend analysis is much more than just breaking down Skyworks Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skyworks Solutions is a good investment. Please check the relationship between Skyworks Solutions Good Will and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyworks Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skyworks Stock please use our How to Invest in Skyworks Solutions guide.

Good Will vs Total Liab

Good Will vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skyworks Solutions Good Will account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Skyworks Solutions' Good Will and Total Liab is 0.87. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Liab in the same time period over historical financial statements of Skyworks Solutions, assuming nothing else is changed. The correlation between historical values of Skyworks Solutions' Good Will 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 Good Will of Skyworks Solutions 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 Good Will i.e., Skyworks Solutions' Good Will and Total Liab go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Skyworks Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skyworks Solutions 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 Skyworks Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skyworks Stock please use our How to Invest in Skyworks Solutions guide.At this time, Skyworks Solutions' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 148.7 M in 2024, whereas Enterprise Value Multiple is likely to drop (49.87) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense47.9M64.4M30.7M27.8M
Depreciation And Amortization690.1M613.7M451.3M473.9M

Skyworks Solutions fundamental ratios Correlations

0.840.810.840.970.960.570.940.490.980.510.550.830.140.890.940.91-0.50.910.940.770.4-0.010.330.240.77
0.840.610.80.680.720.90.680.050.910.710.10.81-0.060.980.820.77-0.40.980.620.760.270.29-0.010.00.45
0.810.610.750.810.850.380.840.430.790.310.450.660.040.680.780.75-0.570.690.770.650.27-0.140.340.120.79
0.840.80.750.750.870.640.820.230.870.770.250.830.130.80.930.66-0.640.870.710.580.550.260.380.170.73
0.970.680.810.750.960.360.950.640.910.350.70.760.230.750.880.88-0.450.780.990.720.4-0.170.410.340.81
0.960.720.850.870.960.440.970.530.930.490.590.820.170.780.940.82-0.610.830.940.670.47-0.030.490.250.88
0.570.90.380.640.360.440.41-0.390.70.67-0.330.64-0.270.850.630.57-0.360.840.270.630.050.35-0.11-0.240.23
0.940.680.840.820.950.970.410.540.90.420.60.710.020.760.920.86-0.710.790.920.690.32-0.120.560.110.89
0.490.050.430.230.640.53-0.390.540.34-0.050.980.210.380.140.330.37-0.090.160.720.190.41-0.240.30.470.45
0.980.910.790.870.910.930.70.90.340.580.410.840.070.950.940.9-0.520.960.860.770.350.090.30.160.73
0.510.710.310.770.350.490.670.42-0.050.58-0.060.640.10.630.640.27-0.410.690.310.410.50.560.140.090.33
0.550.10.450.250.70.59-0.330.60.980.41-0.060.250.340.210.360.44-0.140.220.770.240.4-0.240.40.440.54
0.830.810.660.830.760.820.640.710.210.840.640.250.310.790.860.62-0.320.840.740.650.610.20.090.350.59
0.14-0.060.040.130.230.17-0.270.020.380.070.10.340.31-0.090.12-0.110.46-0.030.27-0.130.650.120.010.980.12
0.890.980.680.80.750.780.850.760.140.950.630.210.79-0.090.840.83-0.470.990.690.740.250.250.12-0.010.55
0.940.820.780.930.880.940.630.920.330.940.640.360.860.120.840.82-0.620.890.850.750.40.020.350.180.77
0.910.770.750.660.880.820.570.860.370.90.270.440.62-0.110.830.82-0.460.820.830.860.06-0.280.260.010.66
-0.5-0.4-0.57-0.64-0.45-0.61-0.36-0.71-0.09-0.52-0.41-0.14-0.320.46-0.47-0.62-0.46-0.5-0.4-0.33-0.01-0.04-0.680.44-0.72
0.910.980.690.870.780.830.840.790.160.960.690.220.84-0.030.990.890.82-0.50.720.740.350.260.160.040.6
0.940.620.770.710.990.940.270.920.720.860.310.770.740.270.690.850.83-0.40.720.690.46-0.190.370.370.78
0.770.760.650.580.720.670.630.690.190.770.410.240.65-0.130.740.750.86-0.330.740.690.08-0.370.03-0.030.5
0.40.270.270.550.40.470.050.320.410.350.50.40.610.650.250.40.06-0.010.350.460.080.350.190.630.37
-0.010.29-0.140.26-0.17-0.030.35-0.12-0.240.090.56-0.240.20.120.250.02-0.28-0.040.26-0.19-0.370.35-0.070.05-0.13
0.33-0.010.340.380.410.49-0.110.560.30.30.140.40.090.010.120.350.26-0.680.160.370.030.19-0.070.050.78
0.240.00.120.170.340.25-0.240.110.470.160.090.440.350.98-0.010.180.010.440.040.37-0.030.630.050.050.2
0.770.450.790.730.810.880.230.890.450.730.330.540.590.120.550.770.66-0.720.60.780.50.37-0.130.780.2
Click cells to compare fundamentals

Skyworks Solutions Account Relationship Matchups

Skyworks Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B8.6B8.9B8.4B8.3B8.7B
Other Current Liab162.1M300.9M386.2M410M378.4M397.3M
Total Current Liabilities942.5M1.1B1.3B955.7M602.7M632.8M
Total Stockholder Equity4.2B5.3B5.5B6.1B6.3B6.7B
Property Plant And Equipment Net1.2B1.5B1.6B1.6B1.5B1.5B
Net Debt(829.3M)1.4B2.1B790.5M(168.2M)(176.6M)
Retained Earnings4.8B5.2B5.4B5.9B6.0B6.3B
Cash980M882.9M566M718.8M1.4B1.4B
Non Current Assets Total2.9B5.9B6.0B5.2B4.9B5.2B
Non Currrent Assets Other373.8M418.8M739.5M56.5M89.7M67.9M
Cash And Short Term Investments980M1.0B586.8M734.4M1.6B1.6B
Net Receivables393.6M756.2M1.1B864.3M508.8M534.2M
Common Stock Shares Outstanding169.9M167M163.3M160.3M161.5M125.2M
Liabilities And Stockholders Equity5.1B8.6B8.9B8.4B8.3B8.7B
Non Current Liabilities Total182.8M2.2B2.2B1.4B1.3B1.4B
Inventory806M885M1.2B1.1B784.8M824.0M
Other Current Assets143.2M310.8M337.5M461.1M484.7M508.9M
Other Stockholder Equity(689.8M)77.9M11.9M172.4M269.4M255.9M
Total Liab942.5M3.3B3.4B2.3B1.9B2.0B
Total Current Assets2.2B2.7B2.9B3.2B3.3B3.5B
Accounts Payable226.9M236M274.2M159.2M171.8M113.5M
Short Term Investments408.1M137.2M20.3M15.6M194.1M203.8M
Common Stock42.5M41.4M41.3M40M39.9M38.7M
Other Liab343.3M343.4M255M281.1M323.3M339.4M
Other Assets123.2M11.3B792.7M1.01.151.09
Treasury Stock(2.7B)(3.4B)(4.1B)(1.7M)(1.5M)(1.6M)
Property Plant Equipment1.2B1.4B1.5B1.6B1.8B1.9B
Property Plant And Equipment Gross1.4B3.9B4.3B4.4B5.0B5.3B
Intangible Assets53.5M1.7B1.4B1.2B900.5M945.5M
Common Stock Total Equity42.5M41.4M41.3M40M46M47.1M
Net Tangible Assets2.8B2.9B1.4B1.8B2.1B2.1B
Retained Earnings Total Equity4.3B4.8B5.2B5.4B6.2B6.5B
Capital Surpluse3.2B3.4B79.6M11.9M10.7M10.2M
Non Current Liabilities Other32.1M32.2M67.6M43.9M50.5M91.6M

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Additional Tools for Skyworks Stock Analysis

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