MagnaChip Inventory vs Common Stock Shares Outstanding Analysis

MX Stock  USD 4.96  0.01  0.20%   
MagnaChip Semiconductor financial indicator trend analysis is infinitely more than just investigating MagnaChip Semiconductor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MagnaChip Semiconductor is a good investment. Please check the relationship between MagnaChip Semiconductor Inventory and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MagnaChip Semiconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.

Inventory vs Common Stock Shares Outstanding

Inventory vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MagnaChip Semiconductor Inventory account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MagnaChip Semiconductor's Inventory and Common Stock Shares Outstanding is -0.6. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of MagnaChip Semiconductor, assuming nothing else is changed. The correlation between historical values of MagnaChip Semiconductor's Inventory and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of MagnaChip Semiconductor are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Inventory i.e., MagnaChip Semiconductor's Inventory and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Inventory

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from MagnaChip Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MagnaChip Semiconductor 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MagnaChip Semiconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.At this time, MagnaChip Semiconductor's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.1 in 2024, whereas Tax Provision is likely to drop (2.2 M) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit153.5M101.3M48.2M45.8M
Total Revenue474.2M337.7M226.6M215.3M

MagnaChip Semiconductor fundamental ratios Correlations

0.790.190.51-0.090.890.270.7-0.110.87-0.250.930.65-0.250.740.86-0.080.710.65-0.08-0.310.710.810.340.10.88
0.790.110.72-0.660.910.010.98-0.680.9-0.670.840.51-0.670.790.79-0.440.980.76-0.1-0.550.970.87-0.080.050.81
0.190.110.27-0.140.19-0.330.1-0.010.23-0.040.10.01-0.040.25-0.13-0.510.20.550.28-0.490.220.010.270.71-0.12
0.510.720.27-0.650.560.20.67-0.620.77-0.360.460.01-0.360.690.37-0.480.720.63-0.14-0.580.80.430.070.490.39
-0.09-0.66-0.14-0.65-0.40.3-0.730.98-0.440.78-0.210.050.78-0.47-0.150.73-0.75-0.590.060.6-0.77-0.370.43-0.2-0.15
0.890.910.190.56-0.40.080.89-0.410.89-0.620.970.64-0.620.660.9-0.320.870.72-0.08-0.560.850.94-0.050.110.9
0.270.01-0.330.20.30.08-0.080.20.220.360.160.080.360.070.250.33-0.06-0.22-0.150.33-0.010.020.2-0.050.27
0.70.980.10.67-0.730.89-0.08-0.750.85-0.810.810.48-0.810.730.75-0.530.980.76-0.1-0.60.960.88-0.230.050.76
-0.11-0.68-0.01-0.620.98-0.410.2-0.75-0.450.78-0.240.010.77-0.48-0.220.68-0.76-0.520.150.5-0.77-0.40.45-0.05-0.22
0.870.90.230.77-0.440.890.220.85-0.45-0.480.840.51-0.480.840.76-0.350.860.760.0-0.480.880.810.130.20.79
-0.25-0.67-0.04-0.360.78-0.620.36-0.810.78-0.48-0.51-0.271.0-0.36-0.440.67-0.73-0.560.080.57-0.69-0.680.62-0.02-0.44
0.930.840.10.46-0.210.970.160.81-0.240.84-0.510.69-0.510.60.95-0.170.760.6-0.11-0.440.740.950.00.010.96
0.650.510.010.010.050.640.080.480.010.51-0.270.69-0.270.410.69-0.160.430.30.15-0.110.380.680.06-0.280.71
-0.25-0.67-0.04-0.360.78-0.620.36-0.810.77-0.481.0-0.51-0.27-0.36-0.440.67-0.73-0.560.080.57-0.69-0.680.62-0.02-0.44
0.740.790.250.69-0.470.660.070.73-0.480.84-0.360.60.41-0.360.49-0.440.810.82-0.11-0.240.820.570.370.180.54
0.860.79-0.130.37-0.150.90.250.75-0.220.76-0.440.950.69-0.440.49-0.020.680.38-0.19-0.310.650.94-0.09-0.231.0
-0.08-0.44-0.51-0.480.73-0.320.33-0.530.68-0.350.67-0.17-0.160.67-0.44-0.02-0.57-0.60.010.54-0.57-0.280.31-0.42-0.03
0.710.980.20.72-0.750.87-0.060.98-0.760.86-0.730.760.43-0.730.810.68-0.570.83-0.07-0.590.990.81-0.120.150.7
0.650.760.550.63-0.590.72-0.220.76-0.520.76-0.560.60.3-0.560.820.38-0.60.830.12-0.570.830.560.210.50.42
-0.08-0.10.28-0.140.06-0.08-0.15-0.10.150.00.08-0.110.150.08-0.11-0.190.01-0.070.12-0.26-0.09-0.110.040.21-0.17
-0.31-0.55-0.49-0.580.6-0.560.33-0.60.5-0.480.57-0.44-0.110.57-0.24-0.310.54-0.59-0.57-0.26-0.62-0.460.3-0.52-0.29
0.710.970.220.8-0.770.85-0.010.96-0.770.88-0.690.740.38-0.690.820.65-0.570.990.83-0.09-0.620.77-0.090.210.67
0.810.870.010.43-0.370.940.020.88-0.40.81-0.680.950.68-0.680.570.94-0.280.810.56-0.11-0.460.77-0.23-0.110.94
0.34-0.080.270.070.43-0.050.2-0.230.450.130.620.00.060.620.37-0.090.31-0.120.210.040.3-0.09-0.230.17-0.05
0.10.050.710.49-0.20.11-0.050.05-0.050.2-0.020.01-0.28-0.020.18-0.23-0.420.150.50.21-0.520.21-0.110.17-0.21
0.880.81-0.120.39-0.150.90.270.76-0.220.79-0.440.960.71-0.440.541.0-0.030.70.42-0.17-0.290.670.94-0.05-0.21
Click cells to compare fundamentals

MagnaChip Semiconductor Account Relationship Matchups

MagnaChip Semiconductor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets595.3M571.7M583.7M516.6M420.5M501.8M
Short Long Term Debt Total316.2M88.1M4.3M5.5M5.4M5.1M
Other Current Liab69.5M4.6M7.4M(10.5M)18.9M18.3M
Total Current Liabilities133.8M173.6M85.5M47.2M46.9M44.5M
Total Stockholder Equity(15.0M)345.6M452.8M428.2M344.6M361.8M
Property Plant And Equipment Net194.1M101.0M112.2M116.0M104.8M180.4M
Current Deferred Revenue1.4M31.2M38.2M38.3M1.5M1.4M
Net Debt164.6M(191.8M)(275.3M)(220.0M)(152.7M)(145.1M)
Retained Earnings(58.1M)286.8M343.5M335.5M298.9M313.8M
Accounts Payable60.9M52.2M37.6M18.0M24.4M23.2M
Cash151.7M279.9M279.5M225.5M158.1M149.7M
Non Current Assets Total216.0M162.1M174.5M178.8M175.1M246.4M
Non Currrent Assets Other17.9M9.7M10.7M22.5M17.9M18.3M
Cash And Short Term Investments151.7M279.9M279.5M225.5M158.1M148.6M
Net Receivables123.0M68.7M76.8M43.2M36.9M35.1M
Common Stock Total Equity439K450K559K564K507.6K482.2K
Common Stock Shares Outstanding34.3M46.5M47.7M44.9M41.0M43.7M
Liabilities And Stockholders Equity595.3M571.7M583.7M516.6M420.5M501.8M
Non Current Liabilities Total476.5M52.5M45.4M41.2M29.0M27.6M
Inventory73.3M39.0M39.4M39.9M36.6M51.1M
Other Current Assets9.4M9.3M2.6M15.8M13.8M8.7M
Other Stockholder Equity45.4M54.6M110.9M104.6M59.8M50.7M
Total Liab610.3M226.1M130.9M88.5M75.9M72.1M
Property Plant And Equipment Gross194.1M101.0M112.2M116.0M220.7M174.6M
Total Current Assets379.4M409.6M409.1M337.9M245.4M352.0M
Accumulated Other Comprehensive Income(2.7M)3.7M(2.2M)(12.6M)(14.7M)(13.9M)
Short Term Debt2.0M85.7M2.3M1.4M2.1M2.0M
Intangible Assets4.0M2.7M2.4M1.9M1.5M1.5M
Common Stock439K450K559K564K569K540.6K
Other Liab160.3M50.1M43.5M37.1M33.4M31.7M
Other Assets17.9M63.0M60M60.9M70.0M40.4M
Property Plant Equipment182.6M96.4M112.2M110.7M99.7M156.6M
Retained Earnings Total Equity(58.1M)286.8M343.5M335.5M385.8M405.1M
Treasury Stock(107.0M)(108.4M)(130.3M)(161.4M)(145.3M)(152.5M)
Net Tangible Assets(19.0M)342.9M450.4M426.2M490.2M514.7M
Long Term Debt Total306.7M153K73K63K56.7K53.9K
Capital Surpluse152.4M163.0M241.2M266.1M306.0M180.2M

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