Wolfspeed Capital Expenditures vs Net Income Analysis

WOLF Stock

USD 6.70 0.90 11.84%

Wolfspeed financial indicator trend analysis is more than just analyzing Wolfspeed current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wolfspeed is a good investment. Please check the relationship between Wolfspeed Capital Expenditures and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wolfspeed Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Wolfspeed's Capital Expenditures and Net Income is -0.94. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of Wolfspeed, assuming nothing else is changed. The correlation between historical values of Wolfspeed's Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Wolfspeed are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., Wolfspeed's Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Wolfspeed to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Wolfspeed operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Wolfspeed financial statement analysis. It represents the amount of money remaining after all of Wolfspeed operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Wolfspeed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wolfspeed 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.At this time, Wolfspeed's Tax Provision is most likely to increase significantly in the upcoming years. The Wolfspeed's current Discontinued Operations is estimated to increase to about 113.7 M, while Selling General Administrative is projected to decrease to roughly 184.3 M.

	2021	2022	2023	2024 (projected)
Total Revenue	746.2M	921.9M	807.2M	695.7M
Depreciation And Amortization	129.8M	164M	181M	190.1M

Total Revenue Depreciation And Amortization

Wolfspeed fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt Total	Short Term Investments	Common Stock	Good Will	Current Deferred Revenue
Total Assets		0.91	0.96	-0.16	0.96	0.93	-0.79	-0.23	0.74	0.98	0.91	0.86	0.5	0.84	0.02	0.77	0.95	0.95	-0.44	0.83	0.94	0.95	0.54	0.67	0.0	0.66
Other Current Liab	0.91		0.96	-0.31	0.92	0.91	-0.88	-0.52	0.6	0.88	0.9	0.66	0.36	0.65	-0.04	0.77	0.92	0.89	-0.61	0.75	0.91	0.91	0.63	0.6	-0.3	0.36
Total Current Liabilities	0.96	0.96		-0.17	0.92	0.89	-0.86	-0.27	0.66	0.91	0.93	0.77	0.5	0.76	-0.1	0.85	0.91	0.94	-0.51	0.74	0.9	0.9	0.62	0.62	-0.12	0.52
Total Stockholder Equity	-0.16	-0.31	-0.17		-0.36	-0.5	0.49	0.66	-0.24	-0.22	-0.13	0.15	0.67	0.04	0.27	0.15	-0.45	-0.07	0.8	-0.48	-0.48	-0.47	-0.03	0.0	0.77	0.24
Property Plant And Equipment Net	0.96	0.92	0.92	-0.36		0.96	-0.87	-0.39	0.81	0.98	0.82	0.75	0.3	0.78	-0.01	0.72	0.98	0.85	-0.6	0.86	0.98	0.98	0.39	0.61	-0.17	0.57
Net Debt	0.93	0.91	0.89	-0.5	0.96		-0.84	-0.45	0.67	0.92	0.85	0.72	0.18	0.73	-0.05	0.59	0.99	0.86	-0.65	0.89	0.99	0.99	0.52	0.59	-0.26	0.5
Retained Earnings	-0.79	-0.88	-0.86	0.49	-0.87	-0.84		0.5	-0.7	-0.8	-0.73	-0.42	-0.16	-0.52	0.22	-0.79	-0.86	-0.72	0.77	-0.68	-0.86	-0.84	-0.4	-0.45	0.45	-0.24
Accounts Payable	-0.23	-0.52	-0.27	0.66	-0.39	-0.45	0.5		-0.14	-0.25	-0.27	0.13	0.32	0.13	-0.15	-0.1	-0.41	-0.19	0.71	-0.31	-0.42	-0.42	-0.24	-0.21	0.78	0.36
Cash	0.74	0.6	0.66	-0.24	0.81	0.67	-0.7	-0.14		0.82	0.51	0.5	0.22	0.59	-0.04	0.61	0.75	0.55	-0.53	0.75	0.75	0.75	-0.07	0.31	-0.09	0.48
Non Current Assets Total	0.98	0.88	0.91	-0.22	0.98	0.92	-0.8	-0.25	0.82		0.8	0.83	0.42	0.87	0.03	0.74	0.95	0.86	-0.45	0.86	0.95	0.95	0.36	0.61	0.01	0.69
Cash And Short Term Investments	0.91	0.9	0.93	-0.13	0.82	0.85	-0.73	-0.27	0.51	0.8		0.75	0.52	0.63	0.0	0.73	0.86	0.99	-0.47	0.7	0.84	0.84	0.81	0.64	-0.15	0.44
Net Receivables	0.86	0.66	0.77	0.15	0.75	0.72	-0.42	0.13	0.5	0.83	0.75		0.62	0.93	0.1	0.57	0.73	0.84	-0.02	0.61	0.72	0.73	0.49	0.7	0.41	0.89
Common Stock Shares Outstanding	0.5	0.36	0.5	0.67	0.3	0.18	-0.16	0.32	0.22	0.42	0.52	0.62		0.5	0.25	0.66	0.23	0.58	0.34	0.1	0.2	0.21	0.48	0.6	0.53	0.54
Inventory	0.84	0.65	0.76	0.04	0.78	0.73	-0.52	0.13	0.59	0.87	0.63	0.93	0.5		-0.02	0.61	0.75	0.74	-0.08	0.65	0.74	0.75	0.29	0.6	0.4	0.89
Other Current Assets	0.02	-0.04	-0.1	0.27	-0.01	-0.05	0.22	-0.15	-0.04	0.03	0.0	0.1	0.25	-0.02		-0.07	-0.06	0.01	0.29	-0.09	-0.05	-0.03	0.0	0.21	0.23	0.2
Other Stockholder Equity	0.77	0.77	0.85	0.15	0.72	0.59	-0.79	-0.1	0.61	0.74	0.73	0.57	0.66	0.61	-0.07		0.65	0.76	-0.31	0.42	0.62	0.61	0.44	0.52	0.02	0.43
Total Liab	0.95	0.92	0.91	-0.45	0.98	0.99	-0.86	-0.41	0.75	0.95	0.86	0.73	0.23	0.75	-0.06	0.65		0.87	-0.65	0.9	1.0	1.0	0.48	0.58	-0.24	0.52
Total Current Assets	0.95	0.89	0.94	-0.07	0.85	0.86	-0.72	-0.19	0.55	0.86	0.99	0.84	0.58	0.74	0.01	0.76	0.87		-0.4	0.71	0.86	0.86	0.76	0.69	-0.03	0.56
Intangible Assets	-0.44	-0.61	-0.51	0.8	-0.6	-0.65	0.77	0.71	-0.53	-0.45	-0.47	-0.02	0.34	-0.08	0.29	-0.31	-0.65	-0.4		-0.55	-0.66	-0.64	-0.23	-0.17	0.84	0.19
Non Currrent Assets Other	0.83	0.75	0.74	-0.48	0.86	0.89	-0.68	-0.31	0.75	0.86	0.7	0.61	0.1	0.65	-0.09	0.42	0.9	0.71	-0.55		0.9	0.91	0.29	0.32	-0.17	0.44
Non Current Liabilities Total	0.94	0.91	0.9	-0.48	0.98	0.99	-0.86	-0.42	0.75	0.95	0.84	0.72	0.2	0.74	-0.05	0.62	1.0	0.86	-0.66	0.9		1.0	0.46	0.57	-0.25	0.52
Short Long Term Debt Total	0.95	0.91	0.9	-0.47	0.98	0.99	-0.84	-0.42	0.75	0.95	0.84	0.73	0.21	0.75	-0.03	0.61	1.0	0.86	-0.64	0.91	1.0		0.46	0.58	-0.24	0.53
Short Term Investments	0.54	0.63	0.62	-0.03	0.39	0.52	-0.4	-0.24	-0.07	0.36	0.81	0.49	0.48	0.29	0.0	0.44	0.48	0.76	-0.23	0.29	0.46	0.46		0.59	-0.17	0.15
Common Stock	0.67	0.6	0.62	0.0	0.61	0.59	-0.45	-0.21	0.31	0.61	0.64	0.7	0.6	0.6	0.21	0.52	0.58	0.69	-0.17	0.32	0.57	0.58	0.59		0.03	0.54
Good Will	0.0	-0.3	-0.12	0.77	-0.17	-0.26	0.45	0.78	-0.09	0.01	-0.15	0.41	0.53	0.4	0.23	0.02	-0.24	-0.03	0.84	-0.17	-0.25	-0.24	-0.17	0.03		0.65
Current Deferred Revenue	0.66	0.36	0.52	0.24	0.57	0.5	-0.24	0.36	0.48	0.69	0.44	0.89	0.54	0.89	0.2	0.43	0.52	0.56	0.19	0.44	0.52	0.53	0.15	0.54	0.65

Click cells to compare fundamentals

Wolfspeed Account Relationship Matchups

Wolfspeed fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	3.4B	3.9B	6.6B	8.0B	8.4B
Other Current Liab	185.3M	376.1M	265.4M	566.5M	542.6M	569.7M
Total Current Liabilities	291.2M	448.8M	388.5M	661.9M	665.3M	698.6M
Total Stockholder Equity	2.1B	2.1B	2.4B	1.6B	882.1M	1.4B
Property Plant And Equipment Net	770.8M	1.3B	1.5B	2.2B	3.8B	3.9B
Net Debt	350M	460.1M	582.2M	4.2B	5.2B	5.5B
Retained Earnings	(1.0B)	(1.6B)	(1.8B)	(2.1B)	(2.9B)	(2.8B)
Accounts Payable	88.1M	44.2M	57.8M	44.9M	53M	63.8M
Cash	448.8M	379M	449.5M	(9.7M)	1.0B	1.1B
Non Current Assets Total	1.6B	2.0B	2.2B	3.0B	5.0B	5.2B
Cash And Short Term Investments	1.2B	1.2B	1.2B	3.0B	2.2B	2.3B
Net Receivables	79M	102.3M	150.2M	265.3M	289.8M	304.3M
Common Stock Shares Outstanding	107.9M	112.3M	120.1M	124.4M	125.7M	95.5M
Liabilities And Stockholders Equity	3.2B	3.4B	3.9B	6.6B	8.0B	8.4B
Inventory	121.9M	166.6M	227M	327.5M	461.2M	484.3M
Other Current Assets	8.7M	55.2M	182.5M	97.5M	74M	130.7M
Other Stockholder Equity	3.1B	3.7B	4.2B	3.7B	3.8B	4.0B
Total Liab	1.1B	1.3B	1.5B	5.0B	7.1B	7.5B
Total Current Assets	1.6B	1.5B	1.8B	3.6B	3.0B	3.1B
Intangible Assets	156.9M	140.5M	125.4M	115.9M	23.9M	22.7M
Non Currrent Assets Other	303.7M	36.7M	(261.1M)	312.1M	767.7M	806.1M
Non Current Liabilities Total	850.6M	881.5M	1.1B	4.3B	6.4B	6.8B
Short Long Term Debt Total	798.8M	839.1M	1.0B	4.2B	6.3B	6.6B
Short Term Investments	790.9M	775.6M	749.3M	3.0B	1.1B	587.3M
Accumulated Other Comprehensive Income	16M	2.7M	(25.3M)	(25.1M)	(11.6M)	(11.0M)
Good Will	620.3M	530M	349.7M	359.2M	413.1M	466.2M
Current Deferred Revenue	14.2M	22.9M	37M	43M	62.3M	65.4M
Other Liab	47.9M	40.1M	58.5M	35.4M	40.7M	45.0M
Net Tangible Assets	1.4B	2.0B	2.0B	1.6B	1.9B	1.8B
Other Assets	292.6M	164M	189.4M	209.1M	188.2M	162.9M
Long Term Debt	783.8M	823.9M	1.0B	4.2B	6.2B	6.5B
Net Invested Capital	2.9B	2.9B	3.5B	5.8B	7.0B	4.2B
Non Current Liabilities Other	65M	55.1M	55.3M	148.7M	256.4M	269.2M
Net Working Capital	1.3B	1.0B	1.4B	3.0B	2.3B	1.7B
Property Plant Equipment	831.1M	1.3B	1.5B	2.3B	2.6B	2.8B
Short Term Debt	3.6M	10.1M	16.7M	6.9M	7.4M	8.7M

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When determining whether Wolfspeed is a strong investment it is important to analyze Wolfspeed's 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 Wolfspeed's future performance. For an informed investment choice regarding Wolfspeed Stock, refer to the following important reports:

How To Invest In Wolfspeed

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Is Wolfspeed Stock a good investment?

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What is Wolfspeed's Net Worth?

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Largest Semiconductors & Semiconductor Equipment Companies

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.

You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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 Wolfspeed. If investors know Wolfspeed 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 Wolfspeed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(5.80)

Revenue Per Share

6.38

Quarterly Revenue Growth

(0.01)

Return On Assets

(0.03)

Return On Equity

(0.78)

The market value of Wolfspeed is measured differently than its book value, which is the value of Wolfspeed that is recorded on the company's balance sheet. Investors also form their own opinion of Wolfspeed's value that differs from its market value or its book value, called intrinsic value, which is Wolfspeed'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 Wolfspeed's market value can be influenced by many factors that don't directly affect Wolfspeed'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 Wolfspeed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wolfspeed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wolfspeed'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.

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Wolfspeed Capital Expenditures vs Net Income Analysis

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

Correlation Coefficient

Capital Expenditures

Net Income

Wolfspeed fundamental ratios Correlations

Wolfspeed Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wolfspeed fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Total Liab
Short Long Term Debt Total	+ 1.0	Total Liab
Short Long Term Debt Total	+ 1.0	Non Current Liabilities Total
Total Liab	+ 0.99	Net Debt
Non Current Liabilities Total	+ 0.99	Net Debt
Short Long Term Debt Total	+ 0.99	Net Debt

Retained Earnings	- 0.88	Other Current Liab
Retained Earnings	- 0.87	Property Plant And Equipment Net
Non Current Liabilities Total	- 0.86	Retained Earnings
Total Liab	- 0.86	Retained Earnings
Retained Earnings	- 0.86	Total Current Liabilities
Short Long Term Debt Total	- 0.84	Retained Earnings