Qorvo Total Stockholder Equity vs Long Term Debt 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 Total Stockholder Equity and its Long Term Debt 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.
Total Stockholder Equity vs Long Term Debt
Total Stockholder Equity vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qorvo Inc Total Stockholder Equity account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Qorvo's Total Stockholder Equity and Long Term Debt is 0.4. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Debt 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 Total Stockholder Equity and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Qorvo Inc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Stockholder Equity i.e., Qorvo's Total Stockholder Equity and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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.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 14th 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 Profit | 2.3B | 1.3B | 1.5B | 804.4M | Total Revenue | 4.6B | 3.6B | 3.8B | 1.9B |
Qorvo fundamental ratios Correlations
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Qorvo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 201.6M | 111.8M | |
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 | 76.0M | 79.8M | |
Accounts Payable | 247.0M | 313.9M | 327.9M | 210.7M | 589.8M | 619.2M | |
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 | 2.4B | 2.5B | |
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 | 293.3M | 307.9M | |
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 | 3.6B | 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 | 871.0M | 1.1B | |
Net Debt | 852.3M | 344.7M | 1.1B | 1.2B | 958.8M | 481.7M | |
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 | 170.4M | 178.9M | |
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 | 413.0M | 385.4M | |
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 | 2.0B | 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 | 23.5M | 37.4M | |
Property Plant And Equipment Gross | 1.3B | 1.3B | 3.0B | 3.1B | 3.5B | 3.7B | |
Accumulated Other Comprehensive Income | 2.3M | 29.6M | 5.2M | (3.2M) | (3.7M) | (3.5M) |
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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. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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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.