Skyworks Total Cash From Operating Activities vs Asset Turnover Analysis

SWKS Stock

USD 90.35 0.16 0.18%

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 Total Cash From Operating Activities and its Asset Turnover 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.

Total Cash From Operating Activities vs Asset Turnover

Total Cash From Operating Activities vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skyworks Solutions Total Cash From Operating Activities account and Asset Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Skyworks Solutions' Total Cash From Operating Activities and Asset Turnover is -0.13. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Asset Turnover 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' Total Cash From Operating Activities and Asset Turnover 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 Cash From Operating Activities of Skyworks Solutions are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Cash From Operating Activities i.e., Skyworks Solutions' Total Cash From Operating Activities and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Cash From Operating Activities

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

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.Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 162.9 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	47.9M	64.4M	30.7M	27.8M
Depreciation And Amortization	690.1M	613.7M	451.3M	473.9M

Interest Expense Depreciation And Amortization

Skyworks Solutions fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Short Term Investments	Common Stock	Other Liab
Total Assets		0.84	0.8	0.84	0.97	0.96	0.57	0.94	0.49	0.98	0.51	0.55	0.83	0.14	0.89	0.94	0.91	-0.5	0.91	0.94	0.51	0.4	-0.01	0.33	0.24	0.77
Short Long Term Debt Total	0.84		0.61	0.8	0.68	0.72	0.9	0.68	0.05	0.91	0.71	0.11	0.81	-0.07	0.98	0.82	0.77	-0.4	0.98	0.63	0.7	0.27	0.28	0.0	0.0	0.45
Other Current Liab	0.8	0.61		0.76	0.8	0.84	0.39	0.83	0.41	0.79	0.32	0.44	0.67	0.05	0.68	0.79	0.73	-0.58	0.69	0.76	0.44	0.29	-0.12	0.33	0.13	0.79
Total Current Liabilities	0.84	0.8	0.76		0.75	0.87	0.64	0.82	0.23	0.87	0.77	0.25	0.83	0.13	0.8	0.93	0.66	-0.64	0.87	0.71	0.64	0.55	0.26	0.38	0.17	0.73
Total Stockholder Equity	0.97	0.68	0.8	0.75		0.96	0.36	0.95	0.64	0.91	0.35	0.7	0.76	0.23	0.75	0.88	0.88	-0.45	0.78	0.99	0.39	0.4	-0.17	0.41	0.34	0.81
Property Plant And Equipment Net	0.96	0.72	0.84	0.87	0.96		0.44	0.97	0.53	0.93	0.49	0.59	0.82	0.17	0.78	0.94	0.82	-0.61	0.83	0.94	0.47	0.47	-0.03	0.49	0.25	0.88
Net Debt	0.57	0.9	0.39	0.64	0.36	0.44		0.41	-0.39	0.7	0.67	-0.33	0.64	-0.27	0.85	0.63	0.57	-0.36	0.84	0.27	0.73	0.05	0.35	-0.11	-0.24	0.23
Retained Earnings	0.94	0.68	0.83	0.82	0.95	0.97	0.41		0.54	0.9	0.42	0.6	0.71	0.02	0.76	0.92	0.86	-0.71	0.79	0.92	0.39	0.32	-0.12	0.56	0.11	0.89
Cash	0.49	0.05	0.41	0.23	0.64	0.53	-0.39	0.54		0.34	-0.05	0.98	0.21	0.38	0.14	0.33	0.37	-0.09	0.16	0.72	-0.21	0.41	-0.24	0.3	0.47	0.45
Non Current Assets Total	0.98	0.91	0.79	0.87	0.91	0.93	0.7	0.9	0.34		0.58	0.41	0.84	0.07	0.95	0.94	0.9	-0.52	0.96	0.86	0.56	0.35	0.09	0.3	0.16	0.73
Non Currrent Assets Other	0.51	0.71	0.32	0.77	0.35	0.49	0.67	0.42	-0.05	0.58		-0.06	0.64	0.1	0.63	0.64	0.27	-0.41	0.69	0.31	0.65	0.5	0.56	0.14	0.09	0.33
Cash And Short Term Investments	0.55	0.11	0.44	0.25	0.7	0.59	-0.33	0.6	0.98	0.41	-0.06		0.25	0.34	0.21	0.36	0.44	-0.14	0.22	0.77	-0.23	0.4	-0.24	0.4	0.44	0.54
Net Receivables	0.83	0.81	0.67	0.83	0.76	0.82	0.64	0.71	0.21	0.84	0.64	0.25		0.31	0.79	0.86	0.62	-0.32	0.84	0.74	0.77	0.61	0.2	0.09	0.35	0.59
Common Stock Shares Outstanding	0.14	-0.07	0.05	0.13	0.23	0.17	-0.27	0.02	0.38	0.07	0.1	0.34	0.31		-0.09	0.12	-0.11	0.46	-0.03	0.27	0.02	0.65	0.12	0.01	0.98	0.12
Non Current Liabilities Total	0.89	0.98	0.68	0.8	0.75	0.78	0.85	0.76	0.14	0.95	0.63	0.21	0.79	-0.09		0.84	0.83	-0.47	0.99	0.69	0.59	0.25	0.25	0.12	-0.01	0.55
Inventory	0.94	0.82	0.79	0.93	0.88	0.94	0.63	0.92	0.33	0.94	0.64	0.36	0.86	0.12	0.84		0.82	-0.62	0.89	0.85	0.68	0.4	0.02	0.35	0.18	0.77
Other Current Assets	0.91	0.77	0.73	0.66	0.88	0.82	0.57	0.86	0.37	0.9	0.27	0.44	0.62	-0.11	0.83	0.82		-0.46	0.82	0.83	0.43	0.06	-0.28	0.26	0.01	0.66
Other Stockholder Equity	-0.5	-0.4	-0.58	-0.64	-0.45	-0.61	-0.36	-0.71	-0.09	-0.52	-0.41	-0.14	-0.32	0.46	-0.47	-0.62	-0.46		-0.5	-0.4	-0.25	-0.01	-0.04	-0.68	0.44	-0.72
Total Liab	0.91	0.98	0.69	0.87	0.78	0.83	0.84	0.79	0.16	0.96	0.69	0.22	0.84	-0.03	0.99	0.89	0.82	-0.5		0.72	0.64	0.35	0.26	0.16	0.04	0.6
Total Current Assets	0.94	0.63	0.76	0.71	0.99	0.94	0.27	0.92	0.72	0.86	0.31	0.77	0.74	0.27	0.69	0.85	0.83	-0.4	0.72		0.36	0.46	-0.19	0.37	0.37	0.78
Short Term Debt	0.51	0.7	0.44	0.64	0.39	0.47	0.73	0.39	-0.21	0.56	0.65	-0.23	0.77	0.02	0.59	0.68	0.43	-0.25	0.64	0.36		0.29	0.04	-0.23	0.02	0.25
Accounts Payable	0.4	0.27	0.29	0.55	0.4	0.47	0.05	0.32	0.41	0.35	0.5	0.4	0.61	0.65	0.25	0.4	0.06	-0.01	0.35	0.46	0.29		0.35	0.19	0.63	0.37
Current Deferred Revenue	-0.01	0.28	-0.12	0.26	-0.17	-0.03	0.35	-0.12	-0.24	0.09	0.56	-0.24	0.2	0.12	0.25	0.02	-0.28	-0.04	0.26	-0.19	0.04	0.35		-0.07	0.05	-0.13
Short Term Investments	0.33	0.0	0.33	0.38	0.41	0.49	-0.11	0.56	0.3	0.3	0.14	0.4	0.09	0.01	0.12	0.35	0.26	-0.68	0.16	0.37	-0.23	0.19	-0.07		0.05	0.78
Common Stock	0.24	0.0	0.13	0.17	0.34	0.25	-0.24	0.11	0.47	0.16	0.09	0.44	0.35	0.98	-0.01	0.18	0.01	0.44	0.04	0.37	0.02	0.63	0.05	0.05		0.2
Other Liab	0.77	0.45	0.79	0.73	0.81	0.88	0.23	0.89	0.45	0.73	0.33	0.54	0.59	0.12	0.55	0.77	0.66	-0.72	0.6	0.78	0.25	0.37	-0.13	0.78	0.2

Click cells to compare fundamentals

Skyworks Solutions Account Relationship Matchups

Skyworks Solutions fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.1B	8.6B	8.9B	8.4B	8.3B	8.7B
Other Current Liab	162.1M	300.9M	386.2M	410M	358.2M	376.1M
Total Current Liabilities	942.5M	1.1B	1.3B	955.7M	602.7M	632.8M
Total Stockholder Equity	4.2B	5.3B	5.5B	6.1B	6.3B	6.7B
Property Plant And Equipment Net	1.2B	1.5B	1.6B	1.6B	1.5B	1.5B
Net Debt	(829.3M)	1.4B	2.1B	790.5M	(168.2M)	(176.6M)
Retained Earnings	4.8B	5.2B	5.4B	5.9B	6.0B	6.3B
Cash	980M	882.9M	566M	718.8M	1.4B	1.4B
Non Current Assets Total	2.9B	5.9B	6.0B	5.2B	4.9B	5.2B
Non Currrent Assets Other	373.8M	418.8M	739.5M	56.5M	89.7M	67.9M
Cash And Short Term Investments	980M	1.0B	586.8M	734.4M	1.6B	1.6B
Net Receivables	393.6M	756.2M	1.1B	864.3M	508.8M	534.2M
Common Stock Shares Outstanding	169.9M	167M	163.3M	160.3M	161.5M	125.2M
Liabilities And Stockholders Equity	5.1B	8.6B	8.9B	8.4B	8.3B	8.7B
Non Current Liabilities Total	182.8M	2.2B	2.2B	1.4B	1.3B	1.4B
Inventory	806M	885M	1.2B	1.1B	784.8M	824.0M
Other Current Assets	143.2M	310.8M	337.5M	461.1M	484.7M	508.9M
Other Stockholder Equity	(689.8M)	77.9M	11.9M	172.4M	269.4M	255.9M
Total Liab	942.5M	3.3B	3.4B	2.3B	1.9B	2.0B
Total Current Assets	2.2B	2.7B	2.9B	3.2B	3.3B	3.5B
Accounts Payable	226.9M	236M	274.2M	159.2M	171.8M	113.5M
Short Term Investments	408.1M	137.2M	20.3M	15.6M	194.1M	203.8M
Common Stock	42.5M	41.4M	41.3M	40M	39.9M	38.7M
Other Liab	343.3M	343.4M	255M	281.1M	323.3M	339.4M
Other Assets	123.2M	11.3B	792.7M	1.0	1.15	1.09
Treasury Stock	(2.7B)	(3.4B)	(4.1B)	(1.7M)	(1.5M)	(1.6M)
Property Plant Equipment	1.2B	1.4B	1.5B	1.6B	1.8B	1.9B
Property Plant And Equipment Gross	1.4B	3.9B	4.3B	4.4B	4.4B	4.6B
Intangible Assets	53.5M	1.7B	1.4B	1.2B	900.5M	945.5M
Common Stock Total Equity	42.5M	41.4M	41.3M	40M	46M	47.1M
Net Tangible Assets	2.8B	2.9B	1.4B	1.8B	2.1B	2.1B
Retained Earnings Total Equity	4.3B	4.8B	5.2B	5.4B	6.2B	6.5B
Capital Surpluse	3.2B	3.4B	79.6M	11.9M	10.7M	10.2M
Non Current Liabilities Other	32.1M	32.2M	67.6M	43.9M	35.8M	64.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC