Qorvo Long Term Debt vs Common Stock Shares Outstanding Analysis

QRVO Stock

USD 96.86 2.69 2.70%

Qorvo financial indicator trend analysis is much more than just breaking down Qorvo Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qorvo Inc is a good investment. Please check the relationship between Qorvo Long Term Debt and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qorvo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Long Term Debt vs Common Stock Shares Outstanding

Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qorvo Inc Long Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.

The correlation between Qorvo's Long Term Debt and Common Stock Shares Outstanding is 0.63. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Qorvo Inc, assuming nothing else is changed. The correlation between historical values of Qorvo's Long Term Debt 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 Long Term Debt of Qorvo Inc 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 Long Term Debt i.e., Qorvo's Long Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that Qorvo Inc has held for over one year. Long-term debt appears on Qorvo Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Qorvo Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 Qorvo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qorvo Inc 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Qorvo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

At this time, Qorvo's Tax Provision is very stable compared to the past year. As of the 23rd of May 2024, Enterprise Value Over EBITDA is likely to grow to 116.79, while Selling General Administrative is likely to drop about 286.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	2.3B	1.3B	1.5B	804.4M
Total Revenue	4.6B	3.6B	3.8B	1.9B

Gross Profit Total Revenue

Qorvo fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Good Will	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total
Total Assets		0.5	0.46	0.95	0.45	0.91	0.7	0.52	0.71	-0.16	0.76	0.53	0.71	0.63	0.9	0.94	0.73	0.92	0.9	0.52	0.96	0.81	0.8	0.88	0.78	0.81
Other Current Liab	0.5		0.88	0.37	0.38	0.48	0.68	0.84	0.71	-0.39	0.88	0.8	0.83	0.12	0.32	0.52	0.81	0.71	0.56	0.78	0.58	0.57	0.59	0.65	0.45	0.68
Total Current Liabilities	0.46	0.88		0.3	0.44	0.51	0.8	0.8	0.73	-0.47	0.82	0.83	0.87	0.03	0.24	0.48	0.68	0.7	0.52	0.76	0.54	0.58	0.7	0.67	0.42	0.67
Total Stockholder Equity	0.95	0.37	0.3		0.26	0.8	0.54	0.32	0.5	0.05	0.6	0.5	0.52	0.79	0.98	0.87	0.64	0.84	0.86	0.3	0.95	0.7	0.66	0.79	0.79	0.62
Retained Earnings	0.45	0.38	0.44	0.26		0.55	0.64	0.7	0.73	-0.56	0.58	0.32	0.67	-0.12	0.09	0.39	0.35	0.55	0.41	0.61	0.41	0.51	0.66	0.64	0.22	0.73
Accounts Payable	0.91	0.48	0.51	0.8	0.55		0.8	0.62	0.78	-0.35	0.76	0.44	0.76	0.36	0.72	0.89	0.65	0.85	0.83	0.56	0.82	0.82	0.87	0.91	0.69	0.85
Cash	0.7	0.68	0.8	0.54	0.64	0.8		0.72	0.87	-0.57	0.84	0.6	0.9	0.06	0.45	0.74	0.66	0.84	0.78	0.66	0.7	0.76	0.97	0.82	0.63	0.86
Other Assets	0.52	0.84	0.8	0.32	0.7	0.62	0.72		0.84	-0.47	0.88	0.66	0.88	-0.01	0.21	0.47	0.71	0.7	0.5	0.85	0.53	0.68	0.66	0.76	0.33	0.81
Long Term Debt	0.71	0.71	0.73	0.5	0.73	0.78	0.87	0.84		-0.63	0.92	0.47	0.97	0.04	0.38	0.73	0.76	0.86	0.76	0.91	0.7	0.81	0.83	0.79	0.63	0.98
Short Term Investments	-0.16	-0.39	-0.47	0.05	-0.56	-0.35	-0.57	-0.47	-0.63		-0.49	-0.13	-0.56	0.53	0.14	-0.37	-0.28	-0.34	-0.39	-0.58	-0.14	-0.42	-0.44	-0.33	-0.22	-0.55
Inventory	0.76	0.88	0.82	0.6	0.58	0.76	0.84	0.88	0.92	-0.49		0.7	0.96	0.19	0.51	0.75	0.83	0.91	0.78	0.88	0.78	0.81	0.79	0.82	0.63	0.92
Other Current Assets	0.53	0.8	0.83	0.5	0.32	0.44	0.6	0.66	0.47	-0.13	0.7		0.67	0.39	0.46	0.46	0.58	0.69	0.49	0.49	0.63	0.44	0.56	0.64	0.32	0.48
Total Liab	0.71	0.83	0.87	0.52	0.67	0.76	0.9	0.88	0.97	-0.56	0.96	0.67		0.12	0.42	0.72	0.81	0.89	0.75	0.91	0.74	0.8	0.85	0.83	0.62	0.94
Intangible Assets	0.63	0.12	0.03	0.79	-0.12	0.36	0.06	-0.01	0.04	0.53	0.19	0.39	0.12		0.84	0.45	0.44	0.48	0.46	-0.01	0.69	0.3	0.19	0.42	0.52	0.16
Common Stock	0.9	0.32	0.24	0.98	0.09	0.72	0.45	0.21	0.38	0.14	0.51	0.46	0.42	0.84		0.83	0.6	0.77	0.81	0.21	0.9	0.64	0.57	0.7	0.77	0.5
Property Plant Equipment	0.94	0.52	0.48	0.87	0.39	0.89	0.74	0.47	0.73	-0.37	0.75	0.46	0.72	0.45	0.83		0.72	0.89	0.95	0.53	0.89	0.8	0.8	0.84	0.83	0.8
Other Liab	0.73	0.81	0.68	0.64	0.35	0.65	0.66	0.71	0.76	-0.28	0.83	0.58	0.81	0.44	0.6	0.72		0.81	0.76	0.76	0.79	0.75	0.65	0.77	0.77	0.78
Good Will	0.92	0.71	0.7	0.84	0.55	0.85	0.84	0.7	0.86	-0.34	0.91	0.69	0.89	0.48	0.77	0.89	0.81		0.93	0.72	0.96	0.85	0.86	0.91	0.8	0.89
Property Plant And Equipment Net	0.9	0.56	0.52	0.86	0.41	0.83	0.78	0.5	0.76	-0.39	0.78	0.49	0.75	0.46	0.81	0.95	0.76	0.93		0.56	0.93	0.82	0.79	0.85	0.91	0.8
Net Debt	0.52	0.78	0.76	0.3	0.61	0.56	0.66	0.85	0.91	-0.58	0.88	0.49	0.91	-0.01	0.21	0.53	0.76	0.72	0.56		0.56	0.7	0.58	0.63	0.48	0.87
Non Current Assets Total	0.96	0.58	0.54	0.95	0.41	0.82	0.7	0.53	0.7	-0.14	0.78	0.63	0.74	0.69	0.9	0.89	0.79	0.96	0.93	0.56		0.79	0.75	0.87	0.85	0.77
Non Currrent Assets Other	0.81	0.57	0.58	0.7	0.51	0.82	0.76	0.68	0.81	-0.42	0.81	0.44	0.8	0.3	0.64	0.8	0.75	0.85	0.82	0.7	0.79		0.78	0.83	0.72	0.84
Cash And Short Term Investments	0.8	0.59	0.7	0.66	0.66	0.87	0.97	0.66	0.83	-0.44	0.79	0.56	0.85	0.19	0.57	0.8	0.65	0.86	0.79	0.58	0.75	0.78		0.86	0.64	0.86
Net Receivables	0.88	0.65	0.67	0.79	0.64	0.91	0.82	0.76	0.79	-0.33	0.82	0.64	0.83	0.42	0.7	0.84	0.77	0.91	0.85	0.63	0.87	0.83	0.86		0.73	0.84
Common Stock Shares Outstanding	0.78	0.45	0.42	0.79	0.22	0.69	0.63	0.33	0.63	-0.22	0.63	0.32	0.62	0.52	0.77	0.83	0.77	0.8	0.91	0.48	0.85	0.72	0.64	0.73		0.65
Non Current Liabilities Total	0.81	0.68	0.67	0.62	0.73	0.85	0.86	0.81	0.98	-0.55	0.92	0.48	0.94	0.16	0.5	0.8	0.78	0.89	0.8	0.87	0.77	0.84	0.86	0.84	0.65

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Qorvo Account Relationship Matchups

Qorvo fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.6B	7.2B	7.5B	6.7B	6.6B	3.6B
Other Current Liab	74.2M	112.7M	347.2M	345.1M	462.9M	486.0M
Total Current Liabilities	539.0M	681.6M	675.1M	555.8M	1.2B	1.3B
Total Stockholder Equity	4.3B	4.6B	4.6B	3.9B	3.6B	2.4B
Retained Earnings	0.0	355.0M	512.1M	84.5M	(89.6M)	(94.1M)
Accounts Payable	247.0M	313.9M	327.9M	210.7M	253.0M	143.1M
Cash	714.9M	1.4B	972.6M	808.8M	1.0B	1.1B
Other Assets	100.2M	119.5M	324.1M	193.4M	222.4M	233.5M
Long Term Debt	1.6B	1.7B	2.0B	2.0B	1.5B	1.6B
Short Term Investments	459K	3.8M	2.9M	1.1M	984.6K	935.4K
Inventory	517.2M	507.8M	755.7M	796.6M	710.6M	746.1M
Other Current Assets	91.2M	120.7M	152.7M	119.9M	278.8M	292.8M
Total Liab	2.3B	2.6B	3.0B	2.8B	3.0B	3.1B
Intangible Assets	808.9M	611.2M	674.8M	537.7M	509.4M	555.5M
Common Stock	4.3B	4.2B	4.0B	3.8B	3.7B	2.5B
Property Plant Equipment	1.3B	1.3B	1.3B	1.1B	1.3B	688.2M
Other Liab	103.7M	114.7M	233.6M	185.3M	213.1M	223.7M
Good Will	2.6B	2.6B	2.8B	2.8B	2.5B	2.7B
Property Plant And Equipment Net	1.3B	1.3B	1.3B	1.1B	932.3M	1.1B
Net Debt	852.3M	344.7M	1.1B	1.2B	1.0B	1.1B
Non Current Assets Total	4.9B	4.7B	5.1B	4.7B	4.1B	4.4B
Non Currrent Assets Other	119.5M	123.3M	287.3M	155.3M	83.7M	49.9M
Cash And Short Term Investments	714.9M	1.4B	972.6M	808.8M	1.0B	796.3M
Net Receivables	367.2M	457.4M	568.9M	304.5M	427.4M	386.8M
Common Stock Shares Outstanding	119.3M	116.0M	111.5M	103.0M	97.6M	119.7M
Non Current Liabilities Total	1.7B	1.9B	2.3B	2.2B	1.8B	1.4B
Other Stockholder Equity	288K	29.6M	5.2M	(3.2M)	(2.9M)	(2.7M)
Total Current Assets	1.7B	2.5B	2.4B	2.0B	2.4B	1.8B
Short Long Term Debt Total	1.6B	1.7B	2.0B	2.0B	2.1B	1.5B
Net Tangible Assets	869.5M	1.4B	1.1B	604.3M	543.9M	967.0M
Common Stock Total Equity	4.3B	4.2B	4.0B	3.8B	3.4B	3.6B
Liabilities And Stockholders Equity	6.6B	7.2B	7.5B	6.7B	6.6B	6.8B
Long Term Investments	22.5M	35.4M	31.1M	20.4M	23.3M	36.4M
Property Plant And Equipment Gross	1.3B	1.3B	3.0B	3.1B	2.6B	1.7B
Accumulated Other Comprehensive Income	2.3M	29.6M	5.2M	(3.2M)	(5.1M)	(4.8M)

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When determining whether Qorvo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qorvo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qorvo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qorvo Inc Stock:

How To Invest In Qorvo

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Is Qorvo Stock a good investment?

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What is Qorvo's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qorvo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

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When running Qorvo's price analysis, check to measure Qorvo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Qorvo is operating at the current time. Most of Qorvo's value examination focuses on studying past and present price action to predict the probability of Qorvo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qorvo's price. Additionally, you may evaluate how the addition of Qorvo to your portfolios can decrease your overall portfolio volatility.

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Is Qorvo's industry 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 Qorvo. If investors know Qorvo 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 Qorvo 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

(0.46)

Earnings Share

(0.72)

Revenue Per Share

38.639

Quarterly Revenue Growth

0.487

Return On Assets

0.0397

The market value of Qorvo Inc is measured differently than its book value, which is the value of Qorvo that is recorded on the company's balance sheet. Investors also form their own opinion of Qorvo's value that differs from its market value or its book value, called intrinsic value, which is Qorvo'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 Qorvo's market value can be influenced by many factors that don't directly affect Qorvo'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 Qorvo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qorvo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qorvo'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.

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Qorvo Long Term Debt vs Common Stock Shares Outstanding Analysis

Long Term Debt vs Common Stock Shares Outstanding

Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Long Term Debt

Common Stock Shares Outstanding

Qorvo fundamental ratios Correlations

Qorvo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Qorvo fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Qorvo Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 0.98	Total Stockholder Equity
Non Current Liabilities Total	+ 0.98	Long Term Debt
Cash And Short Term Investments	+ 0.97	Cash
Total Liab	+ 0.97	Long Term Debt
Non Current Assets Total	+ 0.96	Total Assets
Total Liab	+ 0.96	Inventory

Short Term Investments	- 0.63	Long Term Debt
Net Debt	- 0.58	Short Term Investments
Short Term Investments	- 0.57	Cash
Total Liab	- 0.56	Short Term Investments
Short Term Investments	- 0.56	Retained Earnings
Non Current Liabilities Total	- 0.55	Short Term Investments