Qorvo Long Term Debt vs Long Term Debt Total Analysis

QRVO Stock  USD 98.35  0.66  0.68%   
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 Long Term Debt Total 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 Long Term Debt Total

Long Term Debt vs Long Term Debt Total 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 Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Qorvo's Long Term Debt and Long Term Debt Total is 0.84. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Debt Total 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 Long Term Debt Total 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 Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Long Term Debt i.e., Qorvo's Long Term Debt and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Long Term Debt Total

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 Issuance Of Capital Stock is very stable compared to the past year. As of the 13th of May 2024, Enterprise Value Over EBITDA is likely to grow to 116.79, while Selling General Administrative is likely to drop about 280.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.3B1.3B1.5B804.4M
Total Revenue4.6B3.6B3.8B1.9B

Qorvo fundamental ratios Correlations

0.750.460.950.430.460.70.520.61-0.160.760.510.710.630.90.940.730.920.890.60.960.780.80.880.780.81
0.750.370.650.40.360.550.680.6-0.270.790.390.650.30.590.730.750.720.690.690.690.650.580.690.540.76
0.460.370.30.570.990.80.80.89-0.470.820.840.870.030.230.480.680.70.50.60.540.710.70.650.420.67
0.950.650.30.240.330.540.320.40.050.60.470.520.790.980.870.640.840.860.370.950.650.660.790.790.62
0.430.40.570.240.520.690.760.74-0.580.640.430.73-0.140.070.390.40.580.410.660.420.540.680.660.230.75
0.460.360.990.330.520.770.770.85-0.420.790.850.840.090.260.490.690.690.50.550.550.670.680.670.450.63
0.70.550.80.540.690.770.720.88-0.570.840.60.90.060.440.740.660.840.770.610.70.80.970.820.630.86
0.520.680.80.320.760.770.720.88-0.470.880.660.88-0.010.20.470.710.70.490.790.530.740.660.750.330.81
0.610.60.890.40.740.850.880.88-0.620.940.640.99-0.010.290.640.780.820.660.860.640.810.80.750.560.91
-0.16-0.27-0.470.05-0.58-0.42-0.57-0.47-0.62-0.49-0.14-0.560.530.14-0.37-0.28-0.34-0.39-0.56-0.14-0.46-0.44-0.32-0.22-0.55
0.760.790.820.60.640.790.840.880.94-0.490.690.960.190.510.750.830.910.770.840.780.860.790.820.630.92
0.510.390.840.470.430.850.60.660.64-0.140.690.670.370.430.450.580.680.460.350.620.550.560.620.310.48
0.710.650.870.520.730.840.90.880.99-0.560.960.670.120.420.720.810.890.740.850.740.860.850.830.620.94
0.630.30.030.79-0.140.090.06-0.01-0.010.530.190.370.120.840.450.440.480.460.010.690.270.190.420.520.16
0.90.590.230.980.070.260.440.20.290.140.510.430.420.840.830.590.770.820.270.90.590.560.70.780.5
0.940.730.480.870.390.490.740.470.64-0.370.750.450.720.450.830.720.890.940.610.890.770.80.840.830.8
0.730.750.680.640.40.690.660.710.78-0.280.830.580.810.440.590.720.810.750.720.790.790.650.770.770.78
0.920.720.70.840.580.690.840.70.82-0.340.910.680.890.480.770.890.810.920.710.960.870.860.910.80.89
0.890.690.50.860.410.50.770.490.66-0.390.770.460.740.460.820.940.750.920.550.930.790.780.850.910.79
0.60.690.60.370.660.550.610.790.86-0.560.840.350.850.010.270.610.720.710.550.560.730.580.620.460.9
0.960.690.540.950.420.550.70.530.64-0.140.780.620.740.690.90.890.790.960.930.560.790.750.880.850.77
0.780.650.710.650.540.670.80.740.81-0.460.860.550.860.270.590.770.790.870.790.730.790.790.840.710.85
0.80.580.70.660.680.680.970.660.8-0.440.790.560.850.190.560.80.650.860.780.580.750.790.860.640.86
0.880.690.650.790.660.670.820.750.75-0.320.820.620.830.420.70.840.770.910.850.620.880.840.860.740.84
0.780.540.420.790.230.450.630.330.56-0.220.630.310.620.520.780.830.770.80.910.460.850.710.640.740.65
0.810.760.670.620.750.630.860.810.91-0.550.920.480.940.160.50.80.780.890.790.90.770.850.860.840.65
Click cells to compare fundamentals

Qorvo Account Relationship Matchups

Qorvo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B7.2B7.5B6.7B6.6B3.6B
Other Current Liab74.2M112.7M347.2M345.1M201.6M111.8M
Total Current Liabilities539.0M681.6M675.1M555.8M1.2B1.3B
Total Stockholder Equity4.3B4.6B4.6B3.9B3.6B2.4B
Retained Earnings0.0355.0M512.1M84.5M76.0M79.8M
Accounts Payable247.0M313.9M327.9M210.7M589.8M619.2M
Cash714.9M1.4B972.6M808.8M1.0B1.1B
Other Assets100.2M119.5M324.1M193.4M222.4M233.5M
Long Term Debt1.6B1.7B2.0B2.0B2.4B2.5B
Short Term Investments459K3.8M2.9M1.1M984.6K935.4K
Inventory517.2M507.8M755.7M796.6M710.6M746.1M
Other Current Assets91.2M120.7M152.7M119.9M293.3M307.9M
Total Liab2.3B2.6B3.0B2.8B3.0B3.1B
Intangible Assets808.9M611.2M674.8M537.7M509.4M555.5M
Common Stock4.3B4.2B4.0B3.8B3.6B2.5B
Property Plant Equipment1.3B1.3B1.3B1.1B1.3B688.2M
Other Liab103.7M114.7M233.6M185.3M213.1M223.7M
Good Will2.6B2.6B2.8B2.8B2.5B2.7B
Property Plant And Equipment Net1.3B1.3B1.3B1.1B871.0M1.1B
Net Debt852.3M344.7M1.1B1.2B958.8M481.7M
Non Current Assets Total4.9B4.7B5.1B4.7B4.1B4.4B
Non Currrent Assets Other119.5M123.3M287.3M155.3M170.4M178.9M
Cash And Short Term Investments714.9M1.4B972.6M808.8M1.0B796.3M
Net Receivables367.2M457.4M568.9M304.5M413.0M385.4M
Common Stock Shares Outstanding119.3M116.0M111.5M103.0M97.6M119.7M
Non Current Liabilities Total1.7B1.9B2.3B2.2B1.8B1.4B
Other Stockholder Equity288K29.6M5.2M(3.2M)(2.9M)(2.7M)
Total Current Assets1.7B2.5B2.4B2.0B2.4B1.8B
Short Long Term Debt Total1.6B1.7B2.0B2.0B2.0B1.5B
Net Tangible Assets869.5M1.4B1.1B604.3M543.9M967.0M
Common Stock Total Equity4.3B4.2B4.0B3.8B3.4B3.6B
Liabilities And Stockholders Equity6.6B7.2B7.5B6.7B6.6B6.8B
Long Term Investments22.5M35.4M31.1M20.4M23.5M37.4M
Property Plant And Equipment Gross1.3B1.3B3.0B3.1B3.5B3.7B
Accumulated Other Comprehensive Income2.3M29.6M5.2M(3.2M)(3.7M)(3.5M)

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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:
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.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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
(0.73)
Revenue Per Share
38.639
Quarterly Revenue Growth
0.487
Return On Assets
0.0087
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.