Wolfspeed Other Operating Expenses vs Net Interest Income Analysis

WOLF Stock  USD 9.94  1.50  17.77%   
Wolfspeed financial indicator trend analysis is more than just analyzing Wolfspeed current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wolfspeed is a good investment. Please check the relationship between Wolfspeed Other Operating Expenses and its Net Interest Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. 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 more detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.

Other Operating Expenses vs Net Interest Income

Other Operating Expenses vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wolfspeed Other Operating Expenses account and Net Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Wolfspeed's Other Operating Expenses and Net Interest Income is 0.28. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Wolfspeed, assuming nothing else is changed. The correlation between historical values of Wolfspeed's Other Operating Expenses and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Wolfspeed are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Other Operating Expenses i.e., Wolfspeed's Other Operating Expenses and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Wolfspeed. It is also known as Wolfspeed overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Wolfspeed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wolfspeed 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. 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 more detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.At this time, Wolfspeed's Tax Provision is most likely to increase significantly in the upcoming years. The Wolfspeed's current Discontinued Operations is estimated to increase to about 113.7 M, while Selling General Administrative is projected to decrease to roughly 184.3 M.
 2021 2022 2023 2024 (projected)
Total Revenue746.2M921.9M807.2M695.7M
Depreciation And Amortization129.8M164M181M190.1M

Wolfspeed fundamental ratios Correlations

0.910.96-0.160.960.93-0.79-0.230.740.980.910.860.50.840.020.770.950.95-0.440.830.940.950.540.670.00.66
0.910.96-0.310.920.91-0.88-0.520.60.880.90.660.360.65-0.040.770.920.89-0.610.750.910.910.630.6-0.30.36
0.960.96-0.170.920.89-0.86-0.270.660.910.930.770.50.76-0.10.850.910.94-0.510.740.90.90.620.62-0.120.52
-0.16-0.31-0.17-0.36-0.50.490.66-0.24-0.22-0.130.150.670.040.270.15-0.45-0.070.8-0.48-0.48-0.47-0.030.00.770.24
0.960.920.92-0.360.96-0.87-0.390.810.980.820.750.30.78-0.010.720.980.85-0.60.860.980.980.390.61-0.170.57
0.930.910.89-0.50.96-0.84-0.450.670.920.850.720.180.73-0.050.590.990.86-0.650.890.990.990.520.59-0.260.5
-0.79-0.88-0.860.49-0.87-0.840.5-0.7-0.8-0.73-0.42-0.16-0.520.22-0.79-0.86-0.720.77-0.68-0.86-0.84-0.4-0.450.45-0.24
-0.23-0.52-0.270.66-0.39-0.450.5-0.14-0.25-0.270.130.320.13-0.15-0.1-0.41-0.190.71-0.31-0.42-0.42-0.24-0.210.780.36
0.740.60.66-0.240.810.67-0.7-0.140.820.510.50.220.59-0.040.610.750.55-0.530.750.750.75-0.070.31-0.090.48
0.980.880.91-0.220.980.92-0.8-0.250.820.80.830.420.870.030.740.950.86-0.450.860.950.950.360.610.010.69
0.910.90.93-0.130.820.85-0.73-0.270.510.80.750.520.630.00.730.860.99-0.470.70.840.840.810.64-0.150.44
0.860.660.770.150.750.72-0.420.130.50.830.750.620.930.10.570.730.84-0.020.610.720.730.490.70.410.89
0.50.360.50.670.30.18-0.160.320.220.420.520.620.50.250.660.230.580.340.10.20.210.480.60.530.54
0.840.650.760.040.780.73-0.520.130.590.870.630.930.5-0.020.610.750.74-0.080.650.740.750.290.60.40.89
0.02-0.04-0.10.27-0.01-0.050.22-0.15-0.040.030.00.10.25-0.02-0.07-0.060.010.29-0.09-0.05-0.030.00.210.230.2
0.770.770.850.150.720.59-0.79-0.10.610.740.730.570.660.61-0.070.650.76-0.310.420.620.610.440.520.020.43
0.950.920.91-0.450.980.99-0.86-0.410.750.950.860.730.230.75-0.060.650.87-0.650.91.01.00.480.58-0.240.52
0.950.890.94-0.070.850.86-0.72-0.190.550.860.990.840.580.740.010.760.87-0.40.710.860.860.760.69-0.030.56
-0.44-0.61-0.510.8-0.6-0.650.770.71-0.53-0.45-0.47-0.020.34-0.080.29-0.31-0.65-0.4-0.55-0.66-0.64-0.23-0.170.840.19
0.830.750.74-0.480.860.89-0.68-0.310.750.860.70.610.10.65-0.090.420.90.71-0.550.90.910.290.32-0.170.44
0.940.910.9-0.480.980.99-0.86-0.420.750.950.840.720.20.74-0.050.621.00.86-0.660.91.00.460.57-0.250.52
0.950.910.9-0.470.980.99-0.84-0.420.750.950.840.730.210.75-0.030.611.00.86-0.640.911.00.460.58-0.240.53
0.540.630.62-0.030.390.52-0.4-0.24-0.070.360.810.490.480.290.00.440.480.76-0.230.290.460.460.59-0.170.15
0.670.60.620.00.610.59-0.45-0.210.310.610.640.70.60.60.210.520.580.69-0.170.320.570.580.590.030.54
0.0-0.3-0.120.77-0.17-0.260.450.78-0.090.01-0.150.410.530.40.230.02-0.24-0.030.84-0.17-0.25-0.24-0.170.030.65
0.660.360.520.240.570.5-0.240.360.480.690.440.890.540.890.20.430.520.560.190.440.520.530.150.540.65
Click cells to compare fundamentals

Wolfspeed Account Relationship Matchups

Wolfspeed fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.4B3.9B6.6B8.0B8.4B
Other Current Liab185.3M376.1M265.4M566.5M542.6M569.7M
Total Current Liabilities291.2M448.8M388.5M661.9M665.3M698.6M
Total Stockholder Equity2.1B2.1B2.4B1.6B882.1M1.4B
Property Plant And Equipment Net770.8M1.3B1.5B2.2B3.8B3.9B
Net Debt350M460.1M582.2M4.2B5.2B5.5B
Retained Earnings(1.0B)(1.6B)(1.8B)(2.1B)(2.9B)(2.8B)
Accounts Payable88.1M44.2M57.8M44.9M53M63.8M
Cash448.8M379M449.5M(9.7M)1.0B1.1B
Non Current Assets Total1.6B2.0B2.2B3.0B5.0B5.2B
Cash And Short Term Investments1.2B1.2B1.2B3.0B2.2B2.3B
Net Receivables79M102.3M150.2M265.3M289.8M304.3M
Common Stock Shares Outstanding107.9M112.3M120.1M124.4M125.7M95.5M
Liabilities And Stockholders Equity3.2B3.4B3.9B6.6B8.0B8.4B
Inventory121.9M166.6M227M327.5M461.2M484.3M
Other Current Assets8.7M55.2M182.5M97.5M74M130.7M
Other Stockholder Equity3.1B3.7B4.2B3.7B3.8B4.0B
Total Liab1.1B1.3B1.5B5.0B7.1B7.5B
Total Current Assets1.6B1.5B1.8B3.6B3.0B3.1B
Intangible Assets156.9M140.5M125.4M115.9M23.9M22.7M
Non Currrent Assets Other303.7M36.7M(261.1M)312.1M767.7M806.1M
Non Current Liabilities Total850.6M881.5M1.1B4.3B6.4B6.8B
Short Long Term Debt Total798.8M839.1M1.0B4.2B6.3B6.6B
Short Term Investments790.9M775.6M749.3M3.0B1.1B587.3M
Accumulated Other Comprehensive Income16M2.7M(25.3M)(25.1M)(11.6M)(11.0M)
Good Will620.3M530M349.7M359.2M413.1M466.2M
Current Deferred Revenue14.2M22.9M37M43M62.3M65.4M
Other Liab47.9M40.1M58.5M35.4M40.7M45.0M
Net Tangible Assets1.4B2.0B2.0B1.6B1.9B1.8B
Other Assets292.6M164M189.4M209.1M188.2M162.9M
Long Term Debt783.8M823.9M1.0B4.2B6.2B6.5B
Net Invested Capital2.9B2.9B3.5B5.8B7.0B4.2B
Non Current Liabilities Other65M55.1M55.3M148.7M256.4M269.2M
Net Working Capital1.3B1.0B1.4B3.0B2.3B1.7B
Property Plant Equipment831.1M1.3B1.5B2.3B2.6B2.8B
Short Term Debt3.6M10.1M16.7M6.9M7.4M8.7M

Currently Active Assets on Macroaxis

When determining whether Wolfspeed is a strong investment it is important to analyze Wolfspeed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wolfspeed's future performance. For an informed investment choice regarding Wolfspeed Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. 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 more detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.
You can also try the Stocks Directory module to find actively traded stocks across 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 Wolfspeed. If investors know Wolfspeed 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 Wolfspeed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.80)
Revenue Per Share
6.38
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.03)
Return On Equity
(0.78)
The market value of Wolfspeed is measured differently than its book value, which is the value of Wolfspeed that is recorded on the company's balance sheet. Investors also form their own opinion of Wolfspeed's value that differs from its market value or its book value, called intrinsic value, which is Wolfspeed'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 Wolfspeed's market value can be influenced by many factors that don't directly affect Wolfspeed'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 Wolfspeed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wolfspeed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wolfspeed'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.