STMicroelectronics Total Assets vs Current Deferred Revenue Analysis

STM Stock  USD 41.33  1.27  2.98%   
STMicroelectronics financial indicator trend analysis is much more than just breaking down STMicroelectronics NV ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether STMicroelectronics NV ADR is a good investment. Please check the relationship between STMicroelectronics Total Assets and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STMicroelectronics NV ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Total Assets vs Current Deferred Revenue

Total Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of STMicroelectronics NV ADR Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between STMicroelectronics' Total Assets and Current Deferred Revenue is 0.37. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of STMicroelectronics NV ADR, assuming nothing else is changed. The correlation between historical values of STMicroelectronics' Total Assets and Current Deferred Revenue 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 Assets of STMicroelectronics NV ADR are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., STMicroelectronics' Total Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of STMicroelectronics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in STMicroelectronics NV ADR books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from STMicroelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into STMicroelectronics NV ADR 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 World Market Map to better understand how to build diversified portfolios, which includes a position in STMicroelectronics NV ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, STMicroelectronics' Tax Provision is very stable compared to the past year. As of the 29th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.10, while Enterprise Value Over EBITDA is likely to drop 6.03.
 2021 2022 2023 2024 (projected)
Total Revenue12.8B16.1B17.3B9.3B
Depreciation And Amortization1.4B1.6B1.6B1.3B

STMicroelectronics fundamental ratios Correlations

0.660.760.260.50.80.730.27-0.210.720.540.690.660.650.840.630.70.720.670.470.030.70.66-0.050.350.77
0.660.910.460.880.820.80.37-0.290.770.930.91.00.760.820.820.680.770.980.52-0.070.940.990.220.310.71
0.760.910.190.780.760.730.55-0.170.690.840.920.90.720.820.860.620.910.890.33-0.040.960.910.10.50.64
0.260.460.190.440.390.35-0.53-0.190.370.320.240.450.430.330.150.390.020.490.530.230.260.470.36-0.180.45
0.50.880.780.440.70.70.48-0.440.650.890.840.880.660.710.830.530.550.870.44-0.30.880.880.610.320.42
0.80.820.760.390.70.990.26-0.160.990.760.680.830.50.980.680.940.570.750.82-0.180.720.80.170.120.84
0.730.80.730.350.70.990.29-0.160.990.770.640.80.430.970.660.940.530.710.85-0.210.70.780.20.040.8
0.270.370.55-0.530.480.260.29-0.190.220.440.540.370.310.340.550.140.520.32-0.11-0.40.570.370.210.410.04
-0.21-0.29-0.17-0.19-0.44-0.16-0.16-0.19-0.11-0.35-0.53-0.25-0.46-0.15-0.340.1-0.07-0.4-0.140.16-0.29-0.34-0.330.090.01
0.720.770.690.370.650.990.990.22-0.110.720.590.780.390.950.60.950.480.680.88-0.210.640.750.190.00.82
0.540.930.840.320.890.760.770.44-0.350.720.860.940.60.750.920.580.710.910.45-0.250.910.920.230.380.52
0.690.90.920.240.840.680.640.54-0.530.590.860.870.810.730.870.450.820.930.29-0.080.940.920.210.40.53
0.661.00.90.450.880.830.80.37-0.250.780.940.870.720.820.830.690.760.970.52-0.110.930.980.230.340.7
0.650.760.720.430.660.50.430.31-0.460.390.60.810.720.570.580.370.720.80.190.190.780.790.080.30.6
0.840.820.820.330.710.980.970.34-0.150.950.750.730.820.570.70.930.650.750.75-0.140.770.810.160.170.85
0.630.820.860.150.830.680.660.55-0.340.60.920.870.830.580.70.470.770.840.24-0.320.910.80.230.640.36
0.70.680.620.390.530.940.940.140.10.950.580.450.690.370.930.470.460.560.84-0.10.560.650.110.00.88
0.720.770.910.020.550.570.530.52-0.070.480.710.820.760.720.650.770.460.770.080.130.880.77-0.230.590.59
0.670.980.890.490.870.750.710.32-0.40.680.910.930.970.80.750.840.560.770.43-0.010.930.980.210.340.64
0.470.520.330.530.440.820.85-0.11-0.140.880.450.290.520.190.750.240.840.080.43-0.030.30.510.24-0.430.73
0.03-0.07-0.040.23-0.3-0.18-0.21-0.40.16-0.21-0.25-0.08-0.110.19-0.14-0.32-0.10.13-0.01-0.03-0.09-0.02-0.42-0.310.21
0.70.940.960.260.880.720.70.57-0.290.640.910.940.930.780.770.910.560.880.930.3-0.090.940.210.520.57
0.660.990.910.470.880.80.780.37-0.340.750.920.920.980.790.810.80.650.770.980.51-0.020.940.210.270.71
-0.050.220.10.360.610.170.20.21-0.330.190.230.210.230.080.160.230.11-0.230.210.24-0.420.210.210.0-0.17
0.350.310.5-0.180.320.120.040.410.090.00.380.40.340.30.170.640.00.590.34-0.43-0.310.520.270.0-0.06
0.770.710.640.450.420.840.80.040.010.820.520.530.70.60.850.360.880.590.640.730.210.570.71-0.17-0.06
Click cells to compare fundamentals

STMicroelectronics Account Relationship Matchups

STMicroelectronics fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding903.6M919.7M923.8M912.3M944.2M984.9M
Total Assets11.9B15.3B16.4B21.0B24.5B13.3B
Short Long Term Debt Total2.1B2.6B2.5B2.6B2.9B2.2B
Other Current Liab878M732M125M1.4B1.4B804.4M
Total Current Liabilities2.1B3.8B3.0B4.7B3.7B2.6B
Total Stockholder Equity7.0B8.3B9.5B13.4B16.7B17.6B
Property Plant And Equipment Net4.0B4.8B5.8B8.3B10.6B11.1B
Current Deferred Revenue63M1.1B1.1B225M230M336.4M
Net Debt(525M)(389M)(691M)(686M)(295M)(280.3M)
Retained Earnings2.7B3.2B4.5B8.4B12.5B13.1B
Accounts Payable950M1.2B1.6B2.1B1.9B1.1B
Cash2.6B3.0B3.2B3.3B3.2B2.3B
Non Current Assets Total5.6B7.6B8.6B11.2B12.6B7.0B
Cash And Short Term Investments2.7B3.8B3.5B4.6B6.1B6.4B
Net Receivables1.4B1.8B2.2B2.6B1.7B1.7B
Short Term Investments137M840M297M1.3B2.9B3.0B
Liabilities And Stockholders Equity11.9B15.3B16.4B21.0B24.5B13.3B
Non Current Liabilities Total2.7B3.2B3.9B2.8B3.9B2.6B
Inventory1.7B1.8B2.0B2.6B2.7B1.5B
Other Current Assets442M53M42M734M1.3B1.4B
Other Stockholder Equity2.7B2.2B2.1B2.0B2.5B2.1B
Total Liab4.8B7.0B6.8B7.5B7.6B5.1B
Total Current Assets6.3B7.7B7.8B9.8B11.8B6.3B
Accumulated Other Comprehensive Income1.2B475M1.7B1.7B1.9B688.7M
Short Term Debt173M796M143M885M217M369.4M
Intangible Assets299M1.3B1.4B1.5B367M675.2M
Other Liab791M642M927M922M1.1B619.8M
Other Assets1.0B1.4B1.3B787M905.1M684.7M
Long Term Debt1.9B1.8B2.4B2.5B2.7B1.5B
Property Plant Equipment4.0B4.6B5.7B8.2B7.4B3.8B
Property Plant And Equipment Gross4.0B4.6B23.8B26.5B30.0B31.5B
Treasury Stock(141M)(328M)(93M)(200M)(230M)(241.5M)
Good Will162M312M295M279M303M271.6M
Long Term Investments80M34M10M11M53M44.4M
Short Long Term Debt173M795M143M175M217M249.5M
Net Tangible Assets6.7B6.6B7.7B8.5B9.7B6.7B

Currently Active Assets on Macroaxis

When determining whether STMicroelectronics NV ADR is a strong investment it is important to analyze STMicroelectronics' 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 STMicroelectronics' future performance. For an informed investment choice regarding STMicroelectronics Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STMicroelectronics NV ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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Is STMicroelectronics' 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 STMicroelectronics. If investors know STMicroelectronics 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 STMicroelectronics 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
(0.51)
Dividend Share
0.24
Earnings Share
4.46
Revenue Per Share
18.266
Quarterly Revenue Growth
(0.18)
The market value of STMicroelectronics NV ADR is measured differently than its book value, which is the value of STMicroelectronics that is recorded on the company's balance sheet. Investors also form their own opinion of STMicroelectronics' value that differs from its market value or its book value, called intrinsic value, which is STMicroelectronics' 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 STMicroelectronics' market value can be influenced by many factors that don't directly affect STMicroelectronics' 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 STMicroelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if STMicroelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STMicroelectronics' 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.