Skyworks Other Operating Expenses vs Interest Expense Analysis

SWKS Stock  USD 89.16  2.01  2.20%   
Skyworks Solutions financial indicator trend analysis is much more than just breaking down Skyworks Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skyworks Solutions is a good investment. Please check the relationship between Skyworks Solutions Other Operating Expenses and its Interest Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyworks Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skyworks Stock please use our How to Invest in Skyworks Solutions guide.

Other Operating Expenses vs Interest Expense

Other Operating Expenses vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skyworks Solutions Other Operating Expenses account and Interest Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Skyworks Solutions' Other Operating Expenses and Interest Expense is 0.44. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Skyworks Solutions, assuming nothing else is changed. The correlation between historical values of Skyworks Solutions' Other Operating Expenses and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Skyworks Solutions are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Other Operating Expenses i.e., Skyworks Solutions' Other Operating Expenses and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Skyworks Solutions. It is also known as Skyworks Solutions overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Skyworks Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skyworks Solutions 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 Skyworks Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skyworks Stock please use our How to Invest in Skyworks Solutions guide.At this time, Skyworks Solutions' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 148.7 M in 2024, whereas Enterprise Value Multiple is likely to drop 9.87 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense47.9M64.4M74.1M77.8M
Depreciation And Amortization690.1M613.7M705.8M741.0M

Skyworks Solutions fundamental ratios Correlations

0.840.710.950.970.950.640.950.290.990.90.320.960.140.880.970.82-0.50.930.930.790.34-0.10.060.260.77
0.840.350.820.710.740.920.7-0.060.880.76-0.030.84-0.060.990.810.54-0.410.970.650.80.250.24-0.140.020.48
0.710.350.750.780.690.240.80.180.710.840.150.63-0.050.410.790.9-0.520.530.650.62-0.04-0.660.140.080.7
0.950.820.750.910.940.660.940.210.950.890.220.890.050.860.970.76-0.630.920.850.780.36-0.070.20.160.81
0.970.710.780.910.950.460.950.420.940.870.450.930.240.760.950.84-0.460.830.960.720.36-0.230.110.360.8
0.950.740.690.940.950.510.970.410.920.780.460.910.190.790.930.71-0.620.850.950.680.47-0.040.30.280.89
0.640.920.240.660.460.510.5-0.440.730.67-0.40.66-0.280.90.640.43-0.390.860.350.750.00.23-0.17-0.220.31
0.950.70.80.940.950.970.50.340.920.850.380.870.040.770.960.81-0.70.840.910.70.29-0.170.290.150.89
0.29-0.060.180.210.420.41-0.440.340.150.020.980.210.55-0.020.210.11-0.010.040.6-0.10.590.010.170.570.31
0.990.880.710.950.940.920.730.920.150.920.190.940.060.920.970.83-0.510.960.860.810.25-0.090.030.170.73
0.90.760.840.890.870.780.670.850.020.920.010.86-0.090.780.940.92-0.460.850.740.880.02-0.39-0.110.040.61
0.32-0.030.150.220.450.46-0.40.380.980.190.010.260.560.020.230.11-0.050.080.64-0.110.630.080.270.570.39
0.960.840.630.890.930.910.660.870.210.940.860.260.190.860.920.74-0.370.90.890.860.4-0.14-0.030.30.71
0.14-0.06-0.050.050.240.19-0.280.040.550.06-0.090.560.19-0.070.06-0.060.44-0.030.35-0.080.650.080.090.980.15
0.880.990.410.860.760.790.90.77-0.020.920.780.020.86-0.070.840.61-0.470.990.690.760.240.22-0.060.020.56
0.970.810.790.970.950.930.640.960.210.970.940.230.920.060.840.84-0.590.90.880.840.24-0.210.110.180.79
0.820.540.90.760.840.710.430.810.110.830.920.110.74-0.060.610.84-0.390.690.690.66-0.09-0.52-0.080.080.6
-0.5-0.41-0.52-0.63-0.46-0.62-0.39-0.7-0.01-0.51-0.46-0.05-0.370.44-0.47-0.59-0.39-0.51-0.41-0.35-0.01-0.02-0.60.42-0.72
0.930.970.530.920.830.850.860.840.040.960.850.080.9-0.030.990.90.69-0.510.760.80.280.12-0.020.070.63
0.930.650.650.850.960.950.350.910.60.860.740.640.890.350.690.880.69-0.410.760.640.53-0.120.150.450.78
0.790.80.620.780.720.680.750.7-0.10.810.88-0.110.86-0.080.760.840.66-0.350.80.640.11-0.33-0.260.030.49
0.340.25-0.040.360.360.470.00.290.590.250.020.630.40.650.240.24-0.09-0.010.280.530.110.340.30.620.38
-0.10.24-0.66-0.07-0.23-0.040.23-0.170.01-0.09-0.390.08-0.140.080.22-0.21-0.52-0.020.12-0.12-0.330.340.210.0-0.13
0.06-0.140.140.20.110.3-0.170.290.170.03-0.110.27-0.030.09-0.060.11-0.08-0.6-0.020.15-0.260.30.210.060.61
0.260.020.080.160.360.28-0.220.150.570.170.040.570.30.980.020.180.080.420.070.450.030.620.00.060.23
0.770.480.70.810.80.890.310.890.310.730.610.390.710.150.560.790.6-0.720.630.780.490.38-0.130.610.23
Click cells to compare fundamentals

Skyworks Solutions Account Relationship Matchups

Skyworks Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B8.6B8.9B8.4B9.7B10.2B
Other Current Liab667.1M45.9M234.9M892.6M1.0B1.1B
Total Current Liabilities942.5M1.1B1.3B1.1B1.2B1.3B
Total Stockholder Equity4.2B5.3B5.5B6.1B7.0B7.3B
Property Plant And Equipment Net1.2B1.5B1.6B1.4B1.6B1.7B
Net Debt(829.3M)1.4B2.1B573.4M516.1M541.9M
Retained Earnings4.8B5.2B5.4B5.9B6.8B7.1B
Cash980M882.9M566M718.8M826.6M868.0M
Non Current Assets Total2.9B5.9B6.0B5.7B6.6B6.9B
Non Currrent Assets Other373.8M418.8M739.5M915.3M1.1B1.1B
Cash And Short Term Investments980M1.0B586.8M738.5M849.3M891.7M
Net Receivables393.6M756.2M1.1B864.3M993.9M1.0B
Common Stock Shares Outstanding169.9M167M163.3M160.3M184.3M123.8M
Liabilities And Stockholders Equity5.1B8.6B8.9B8.4B9.7B10.2B
Non Current Liabilities Total182.8M2.2B2.2B1.3B1.5B1.6B
Inventory806M885M1.2B1.1B1.3B1.4B
Other Current Assets143.2M204.1M95.2M461.1M530.3M556.8M
Other Stockholder Equity(689.8M)77.9M11.9M172.4M198.3M188.3M
Total Liab942.5M3.3B3.4B2.3B2.7B2.8B
Total Current Assets2.2B2.7B2.9B2.7B3.1B3.3B
Accounts Payable226.9M236M274.2M159.2M183.1M111.1M
Short Term Investments408.1M137.2M20.3M15.6M17.9M17.0M
Common Stock41.4M41.3M40M39.9M45.9M38.5M
Other Liab343.3M343.4M255M281.1M323.3M339.4M
Other Assets74.1M123.2M11.3B792.7M911.6M615.5M
Treasury Stock(2.7B)(3.4B)(4.1B)(1.7M)(1.5M)(1.6M)
Property Plant Equipment1.2B1.4B1.5B1.6B1.8B1.9B
Property Plant And Equipment Gross1.4B3.9B4.3B4.4B5.0B5.3B
Intangible Assets53.5M1.7B1.4B1.2B1.4B1.5B
Common Stock Total Equity42.5M41.4M41.3M40M46M47.1M
Net Tangible Assets2.8B2.9B1.4B1.8B2.1B2.1B
Retained Earnings Total Equity4.3B4.8B5.2B5.4B6.2B6.5B
Capital Surpluse3.2B3.4B79.6M11.9M10.7M10.2M
Non Current Liabilities Other32.1M32.2M67.6M43.9M50.5M91.6M

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Additional Tools for Skyworks Stock Analysis

When running Skyworks Solutions' price analysis, check to measure Skyworks Solutions' 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 Skyworks Solutions is operating at the current time. Most of Skyworks Solutions' value examination focuses on studying past and present price action to predict the probability of Skyworks Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyworks Solutions' price. Additionally, you may evaluate how the addition of Skyworks Solutions to your portfolios can decrease your overall portfolio volatility.