Maxeon Total Other Income Expense Net vs Gross Profit Analysis

MAXN Stock  USD 7.40  0.81  12.29%   
Maxeon Solar financial indicator trend analysis is infinitely more than just investigating Maxeon Solar Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maxeon Solar Technologies is a good investment. Please check the relationship between Maxeon Solar Total Other Income Expense Net and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maxeon Solar Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Total Other Income Expense Net vs Gross Profit

Total Other Income Expense Net vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maxeon Solar Technologies Total Other Income Expense Net account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Maxeon Solar's Total Other Income Expense Net and Gross Profit is -0.84. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Maxeon Solar Technologies, assuming nothing else is changed. The correlation between historical values of Maxeon Solar's Total Other Income Expense Net and Gross Profit 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 Other Income Expense Net of Maxeon Solar Technologies are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Other Income Expense Net i.e., Maxeon Solar's Total Other Income Expense Net and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Other Income Expense Net

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Maxeon Solar Technologies minus its cost of goods sold. It is profit before Maxeon Solar operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Maxeon Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maxeon Solar Technologies 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maxeon Solar Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
As of the 21st of December 2024, Tax Provision is likely to grow to about (594.7 K). In addition to that, Selling General Administrative is likely to drop to about 106.4 M
 2021 2022 2023 2024 (projected)
Interest Expense27.8M27.8M42.4M33.3M
Depreciation And Amortization42.2M56.7M55.9M44.8M

Maxeon Solar fundamental ratios Correlations

0.750.220.77-0.770.48-0.790.850.610.780.270.75-0.32-0.62-0.60.790.87-0.06-0.6-0.010.780.610.710.590.86-0.22
0.750.120.52-0.90.75-0.90.610.730.92-0.070.92-0.55-0.71-0.740.940.92-0.08-0.82-0.370.980.730.660.910.94-0.16
0.220.120.56-0.360.63-0.380.090.760.250.01-0.23-0.02-0.15-0.120.14-0.060.230.16-0.110.250.72-0.32-0.140.37-0.79
0.770.520.56-0.660.42-0.690.690.770.580.570.37-0.42-0.79-0.750.520.520.39-0.46-0.070.550.60.340.240.74-0.62
-0.77-0.9-0.36-0.66-0.741.0-0.62-0.82-0.990.1-0.760.680.760.77-0.96-0.770.040.830.59-0.9-0.83-0.41-0.77-0.920.53
0.480.750.630.42-0.74-0.750.370.880.72-0.240.46-0.19-0.36-0.380.680.52-0.16-0.35-0.270.830.960.260.630.8-0.42
-0.79-0.9-0.38-0.691.0-0.75-0.64-0.84-0.990.07-0.760.660.760.77-0.96-0.790.030.810.55-0.91-0.84-0.43-0.76-0.940.53
0.850.610.090.69-0.620.37-0.640.440.630.520.6-0.12-0.58-0.580.640.67-0.32-0.560.10.650.490.80.620.73-0.2
0.610.730.760.77-0.820.88-0.840.440.750.050.43-0.43-0.65-0.640.680.540.22-0.45-0.330.780.930.190.470.86-0.67
0.780.920.250.58-0.990.72-0.990.630.75-0.150.83-0.66-0.72-0.730.990.82-0.12-0.85-0.570.920.790.470.830.91-0.42
0.27-0.070.010.570.1-0.240.070.520.05-0.15-0.050.12-0.41-0.38-0.170.050.29-0.030.51-0.07-0.140.38-0.150.11-0.07
0.750.92-0.230.37-0.760.46-0.760.60.430.83-0.05-0.55-0.65-0.680.890.97-0.11-0.86-0.280.860.440.770.880.80.12
-0.32-0.55-0.02-0.420.68-0.190.66-0.12-0.43-0.660.12-0.550.790.79-0.63-0.46-0.440.830.82-0.43-0.27-0.01-0.4-0.470.44
-0.62-0.71-0.15-0.790.76-0.360.76-0.58-0.65-0.72-0.41-0.650.791.0-0.68-0.65-0.40.840.42-0.64-0.45-0.42-0.53-0.750.46
-0.6-0.74-0.12-0.750.77-0.380.77-0.58-0.64-0.73-0.38-0.680.791.0-0.7-0.66-0.360.860.44-0.66-0.46-0.44-0.59-0.760.43
0.790.940.140.52-0.960.68-0.960.640.680.99-0.170.89-0.63-0.68-0.70.87-0.18-0.87-0.520.930.730.560.880.9-0.3
0.870.92-0.060.52-0.770.52-0.790.670.540.820.050.97-0.46-0.65-0.660.87-0.04-0.76-0.140.890.530.80.810.880.06
-0.06-0.080.230.390.04-0.160.03-0.320.22-0.120.29-0.11-0.44-0.4-0.36-0.18-0.04-0.01-0.07-0.15-0.12-0.33-0.420.0-0.24
-0.6-0.820.16-0.460.83-0.350.81-0.56-0.45-0.85-0.03-0.860.830.840.86-0.87-0.76-0.010.62-0.73-0.4-0.52-0.8-0.720.23
-0.01-0.37-0.11-0.070.59-0.270.550.1-0.33-0.570.51-0.280.820.420.44-0.52-0.14-0.070.62-0.29-0.320.3-0.36-0.250.54
0.780.980.250.55-0.90.83-0.910.650.780.92-0.070.86-0.43-0.64-0.660.930.89-0.15-0.73-0.290.830.650.880.97-0.21
0.610.730.720.6-0.830.96-0.840.490.930.79-0.140.44-0.27-0.45-0.460.730.53-0.12-0.4-0.320.830.240.580.84-0.6
0.710.66-0.320.34-0.410.26-0.430.80.190.470.380.77-0.01-0.42-0.440.560.8-0.33-0.520.30.650.240.720.630.36
0.590.91-0.140.24-0.770.63-0.760.620.470.83-0.150.88-0.4-0.53-0.590.880.81-0.42-0.8-0.360.880.580.720.780.01
0.860.940.370.74-0.920.8-0.940.730.860.910.110.8-0.47-0.75-0.760.90.880.0-0.72-0.250.970.840.630.78-0.35
-0.22-0.16-0.79-0.620.53-0.420.53-0.2-0.67-0.42-0.070.120.440.460.43-0.30.06-0.240.230.54-0.21-0.60.360.01-0.35
Click cells to compare fundamentals

Maxeon Solar Account Relationship Matchups

Maxeon Solar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets990.2M980.3M1.1B1.3B1.0B1.1B
Short Long Term Debt Total82.6M199.0M187.3M449.8M437.7M256.3M
Other Current Liab92.6M47.4M67.2M113.2M108.9M96.5M
Total Current Liabilities520.7M308.1M421.0M576.2M431.9M487.1M
Total Stockholder Equity362.2M432.6M349.5M42.4M(1.1M)(1.1M)
Other Liab82.1M84.8M121.2M240.3M276.3M145.9M
Net Tangible Assets357.1M432.2M349.0M42.1M37.9M36.0M
Property Plant And Equipment Net300.0M260.4M402.0M398.3M302.8M357.4M
Current Deferred Revenue78.9M20.8M44.1M139.3M134.2M88.0M
Net Debt(38.4M)(7.8M)20.7M222.4M247.5M259.9M
Accounts Payable286.5M159.2M270.5M247.9M153.0M175.5M
Cash121.0M206.7M166.5M227.4M190.2M185.8M
Non Current Assets Total372.1M433.1M523.4M469.4M383.0M357.9M
Non Currrent Assets Other23.7M133.0M100.6M53.4M60.2M69.2M
Other Assets32.7M142.6M105.7M63.7M57.3M81.4M
Long Term Debt1.5M136.0M146.0M380.3M386.8M406.1M
Cash And Short Term Investments121.0M206.7M166.5M303.4M190.2M199.8M
Net Receivables179.2M102.1M39.7M114.5M92.2M83.3M
Common Stock Shares Outstanding21.3M24.5M37.5M40.9M463.9K440.7K
Liabilities And Stockholders Equity990.2M980.3M1.1B1.3B1.0B1.1B
Non Current Liabilities Total102.0M232.9M280.6M636.1M565.4M358.2M
Capital Lease Obligations20.7M14.5M15.9M19.0M25.5M17.5M
Inventory194.9M169.2M212.8M303.2M308.9M258.8M
Other Current Assets8.5M69.1M127.6M130.1M27.7M26.3M
Other Stockholder Equity(7.6M)451.5M624.3M584.8M811.4M469.5M
Total Liab622.7M541.1M701.7M1.2B997.4M845.4M
Net Invested Capital424.1M617.1M520.8M473.2M411.1M389.6M
Long Term Investments34.4M29.7M15.2M7.1M4M3.8M
Property Plant And Equipment Gross300.0M260.4M402.0M398.3M516.6M396.5M
Short Long Term Debt60.4M48.4M25.4M50.5M25.4M33.3M
Total Current Assets618.1M547.2M533.1M791.0M619.0M655.7M
Accumulated Other Comprehensive Income(7.6M)(10.4M)(11.8M)(22.1M)(16.4M)(17.2M)
Non Current Liabilities Other13.5M19.7M32.9M33.9M712K676.4K
Net Working Capital97.4M239.1M112.1M214.8M187.1M168.6M
Short Term Debt62.7M53.3M30.3M53.9M31.3M36.2M
Intangible Assets5.1M456K420K291K8.1M8.5M
Property Plant Equipment300.0M260.4M402.0M398.3M458.1M362.2M

Pair Trading with Maxeon Solar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Maxeon Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Maxeon Solar will appreciate offsetting losses from the drop in the long position's value.

Moving against Maxeon Stock

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The ability to find closely correlated positions to Maxeon Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maxeon Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Maxeon Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Maxeon Solar Technologies to buy it.
The correlation of Maxeon Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Maxeon Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maxeon Solar Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Maxeon Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Maxeon Solar Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Maxeon Solar'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 Maxeon Solar Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Maxeon Solar Technologies Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maxeon Solar Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Semiconductors & Semiconductor Equipment space 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 Maxeon Solar. If investors know Maxeon 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 Maxeon Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(792.04)
Revenue Per Share
1.7 K
Quarterly Revenue Growth
(0.47)
Return On Assets
(0.12)
Return On Equity
(2.90)
The market value of Maxeon Solar Technologies is measured differently than its book value, which is the value of Maxeon that is recorded on the company's balance sheet. Investors also form their own opinion of Maxeon Solar's value that differs from its market value or its book value, called intrinsic value, which is Maxeon Solar'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 Maxeon Solar's market value can be influenced by many factors that don't directly affect Maxeon Solar'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 Maxeon Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Maxeon Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maxeon Solar'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.