Magnachip Semiconductor Stock Current Asset
MX Stock | USD 5.58 0.03 0.54% |
MagnaChip Semiconductor fundamentals help investors to digest information that contributes to MagnaChip Semiconductor's financial success or failures. It also enables traders to predict the movement of MagnaChip Stock. The fundamental analysis module provides a way to measure MagnaChip Semiconductor's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MagnaChip Semiconductor stock.
At this time, MagnaChip Semiconductor's Non Current Assets Total are fairly stable compared to the past year. Total Current Assets is likely to rise to about 352 M in 2024, whereas Other Current Assets are likely to drop slightly above 8.7 M in 2024. MagnaChip | Current Asset |
MagnaChip Current Asset Analysis
MagnaChip Semiconductor's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
More About Current Asset | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 4.3M | 5.5M | 5.4M | 5.1M | Total Assets | 583.7M | 516.6M | 420.5M | 501.8M |
Current Asset | = | Cash | + | Deposits | + | Liquid Assets |
Current MagnaChip Semiconductor Current Asset | 260.23 M |
Most of MagnaChip Semiconductor's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MagnaChip Semiconductor is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MagnaChip Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for MagnaChip Semiconductor is extremely important. It helps to project a fair market value of MagnaChip Stock properly, considering its historical fundamentals such as Current Asset. Since MagnaChip Semiconductor's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MagnaChip Semiconductor's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MagnaChip Semiconductor's interrelated accounts and indicators.
Click cells to compare fundamentals
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition |
MagnaChip Total Assets
Total Assets |
|
In accordance with the recently published financial statements, MagnaChip Semiconductor has a Current Asset of 260.23 M. This is 99.08% lower than that of the Semiconductors & Semiconductor Equipment sector and 96.17% lower than that of the Information Technology industry. The current asset for all United States stocks is 97.21% higher than that of the company.
MagnaChip Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MagnaChip Semiconductor's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MagnaChip Semiconductor could also be used in its relative valuation, which is a method of valuing MagnaChip Semiconductor by comparing valuation metrics of similar companies.MagnaChip Semiconductor is currently under evaluation in current asset category among related companies.
MagnaChip Fundamentals
Return On Equity | -0.0948 | ||||
Return On Asset | -0.0646 | ||||
Profit Margin | (0.16) % | ||||
Operating Margin | (0.15) % | ||||
Current Valuation | 59.45 M | ||||
Shares Outstanding | 38.26 M | ||||
Shares Owned By Insiders | 3.27 % | ||||
Shares Owned By Institutions | 77.43 % | ||||
Number Of Shares Shorted | 748.4 K | ||||
Price To Earning | 1.29 X | ||||
Price To Book | 0.62 X | ||||
Price To Sales | 0.92 X | ||||
Revenue | 226.6 M | ||||
Gross Profit | 101.26 M | ||||
EBITDA | (35.16 M) | ||||
Net Income | (36.62 M) | ||||
Cash And Equivalents | 225.48 M | ||||
Cash Per Share | 6.10 X | ||||
Total Debt | 5.39 M | ||||
Debt To Equity | 0.01 % | ||||
Current Ratio | 5.20 X | ||||
Book Value Per Share | 8.87 X | ||||
Cash Flow From Operations | (3.01 M) | ||||
Short Ratio | 1.50 X | ||||
Earnings Per Share | (0.89) X | ||||
Price To Earnings To Growth | 1.08 X | ||||
Target Price | 10.0 | ||||
Number Of Employees | 891 | ||||
Beta | 0.78 | ||||
Market Capitalization | 212.73 M | ||||
Total Asset | 420.49 M | ||||
Retained Earnings | 298.88 M | ||||
Working Capital | 198.55 M | ||||
Current Asset | 260.23 M | ||||
Current Liabilities | 166.51 M | ||||
Z Score | 25.51 | ||||
Net Asset | 420.49 M |
About MagnaChip Semiconductor Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MagnaChip Semiconductor's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MagnaChip Semiconductor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MagnaChip Semiconductor based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Non Current Assets Total | 175.1 M | 246.4 M | |
Other Current Assets | 13.8 M | 8.7 M | |
Total Current Assets | 245.4 M | 352 M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out MagnaChip Semiconductor Piotroski F Score and MagnaChip Semiconductor Altman Z Score analysis. For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for MagnaChip Stock analysis
When running MagnaChip Semiconductor's price analysis, check to measure MagnaChip Semiconductor'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 MagnaChip Semiconductor is operating at the current time. Most of MagnaChip Semiconductor's value examination focuses on studying past and present price action to predict the probability of MagnaChip Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MagnaChip Semiconductor's price. Additionally, you may evaluate how the addition of MagnaChip Semiconductor to your portfolios can decrease your overall portfolio volatility.
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data |
Is MagnaChip Semiconductor'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 MagnaChip Semiconductor. If investors know MagnaChip 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 MagnaChip Semiconductor 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 (0.95) | Earnings Share (0.89) | Revenue Per Share 5.609 | Quarterly Revenue Growth (0.17) | Return On Assets (0.06) |
The market value of MagnaChip Semiconductor is measured differently than its book value, which is the value of MagnaChip that is recorded on the company's balance sheet. Investors also form their own opinion of MagnaChip Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is MagnaChip Semiconductor'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 MagnaChip Semiconductor's market value can be influenced by many factors that don't directly affect MagnaChip Semiconductor'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 MagnaChip Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagnaChip Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagnaChip Semiconductor'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.