Ingenic Total Current Liabilities vs Total Revenue Analysis

300223 Stock   61.77  2.56  3.98%   
Ingenic Semiconductor financial indicator trend analysis is infinitely more than just investigating Ingenic Semiconductor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ingenic Semiconductor is a good investment. Please check the relationship between Ingenic Semiconductor Total Current Liabilities and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ingenic Semiconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Current Liabilities vs Total Revenue

Total Current Liabilities vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingenic Semiconductor Total Current Liabilities account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Ingenic Semiconductor's Total Current Liabilities and Total Revenue is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Ingenic Semiconductor, assuming nothing else is changed. The correlation between historical values of Ingenic Semiconductor's Total Current Liabilities and Total Revenue 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 Current Liabilities of Ingenic Semiconductor are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Liabilities i.e., Ingenic Semiconductor's Total Current Liabilities and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Ingenic Semiconductor balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ingenic Semiconductor are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Revenue

Total revenue comprises all receipts Ingenic Semiconductor generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Ingenic Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ingenic Semiconductor 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ingenic Semiconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 427.5 M. The current year's Tax Provision is expected to grow to about 35.6 M
 2022 2023 2024 2025 (projected)
Income Before Tax815.0M545.2M627.0M658.3M
Cost Of Revenue3.3B2.9B3.3B3.4B

Ingenic Semiconductor fundamental ratios Correlations

0.380.981.00.90.940.950.960.990.940.990.160.990.971.00.941.0-0.63-0.60.520.990.920.570.880.960.95
0.380.530.370.480.170.610.240.390.560.330.180.520.390.410.540.37-0.23-0.540.010.310.560.690.50.480.5
0.980.530.980.890.90.990.930.980.970.960.181.00.950.980.950.98-0.58-0.650.470.970.940.660.880.950.95
1.00.370.980.90.940.940.960.990.940.990.150.980.971.00.941.0-0.63-0.590.520.990.920.570.880.960.95
0.90.480.890.90.710.890.770.90.930.850.20.910.940.920.980.86-0.58-0.770.460.840.920.410.970.970.93
0.940.170.90.940.710.830.970.940.790.970.130.890.870.910.780.96-0.66-0.320.530.970.780.590.690.80.82
0.950.610.990.940.890.830.880.930.990.90.190.980.930.960.950.94-0.49-0.740.420.920.940.630.880.950.94
0.960.240.930.960.770.970.880.950.860.970.10.930.880.940.840.97-0.57-0.450.420.980.830.550.760.870.87
0.990.390.980.990.90.940.930.950.920.990.150.980.970.990.940.99-0.69-0.550.530.980.920.610.880.950.94
0.940.560.970.940.930.790.990.860.920.880.180.970.940.960.980.92-0.45-0.820.420.90.950.510.920.980.95
0.990.330.960.990.850.970.90.970.990.880.140.960.940.970.90.99-0.7-0.470.530.990.890.620.830.910.91
0.160.180.180.150.20.130.190.10.150.180.140.180.230.160.150.15-0.19-0.130.170.140.170.170.190.140.16
0.990.521.00.980.910.890.980.930.980.970.960.180.960.990.960.98-0.59-0.660.470.970.950.630.90.970.96
0.970.390.950.970.940.870.930.880.970.940.940.230.960.980.950.95-0.65-0.650.60.940.920.530.90.950.93
1.00.410.981.00.920.910.960.940.990.960.970.160.990.980.960.98-0.6-0.650.50.980.940.550.90.970.96
0.940.540.950.940.980.780.950.840.940.980.90.150.960.950.960.92-0.56-0.780.450.890.960.50.961.00.96
1.00.370.981.00.860.960.940.970.990.920.990.150.980.950.980.92-0.62-0.550.511.00.90.60.840.930.93
-0.63-0.23-0.58-0.63-0.58-0.66-0.49-0.57-0.69-0.45-0.7-0.19-0.59-0.65-0.6-0.56-0.620.0-0.59-0.62-0.6-0.64-0.59-0.55-0.6
-0.6-0.54-0.65-0.59-0.77-0.32-0.74-0.45-0.55-0.82-0.47-0.13-0.66-0.65-0.65-0.78-0.550.0-0.2-0.52-0.73-0.08-0.77-0.77-0.71
0.520.010.470.520.460.530.420.420.530.420.530.170.470.60.50.450.51-0.59-0.20.520.410.240.40.450.44
0.990.310.970.990.840.970.920.980.980.90.990.140.970.940.980.891.0-0.62-0.520.520.880.570.820.910.91
0.920.560.940.920.920.780.940.830.920.950.890.170.950.920.940.960.9-0.6-0.730.410.880.580.970.961.0
0.570.690.660.570.410.590.630.550.610.510.620.170.630.530.550.50.6-0.64-0.080.240.570.580.430.470.55
0.880.50.880.880.970.690.880.760.880.920.830.190.90.90.90.960.84-0.59-0.770.40.820.970.430.960.97
0.960.480.950.960.970.80.950.870.950.980.910.140.970.950.971.00.93-0.55-0.770.450.910.960.470.960.97
0.950.50.950.950.930.820.940.870.940.950.910.160.960.930.960.960.93-0.6-0.710.440.911.00.550.970.97
Click cells to compare fundamentals

Ingenic Semiconductor Account Relationship Matchups

Ingenic Semiconductor fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.0B11.3B12.4B12.7B14.7B15.4B
Other Current Liab73.9M70.4M146.4M2.3M2.6M2.5M
Total Current Liabilities571.0M884.8M1.1B784.6M902.3M947.4M
Total Stockholder Equity8.2B10.3B11.2B11.8B13.6B14.2B
Other Liab24.1M175.8M122.0M105.6M121.4M127.5M
Retained Earnings340.9M1.3B2.0B2.4B2.8B2.9B
Accounts Payable372.8M658.7M659.8M422.6M486.0M510.3M
Cash1.4B2.9B3.4B3.9B4.5B4.7B
Other Assets118.6M768.2M758.5M1.1B1.2B1.3B
Net Receivables459.4M665.5M516.0M403.3M463.9M487.0M
Inventory1.3B1.4B2.3B2.4B2.8B2.9B
Other Current Assets82.8M164.3M215.2M96.7M111.2M97.0M
Total Liab746.7M1.0B1.2B912.5M1.0B1.1B
Common Stock200.7M202.1M469.0M481.6M553.8M581.5M
Property Plant Equipment73.1M434.0M504.4M515.6M593.0M622.6M
Intangible Assets980.9M877.4M803.5M691.2M794.9M834.7M
Net Tangible Assets1.2B4.3B6.5B7.5B8.6B9.0B
Short Term Investments463.2M962.2M350.6M393.9M354.5M485.3M
Other Stockholder Equity4.1M(191.9M)(282.8M)(61.3M)(55.2M)(58.0M)
Total Current Assets3.7B6.1B6.8B7.6B8.7B9.2B
Non Current Assets Total5.3B5.2B5.6B5.2B5.9B3.1B
Non Currrent Assets Other16.3M12.4M428.1M107.5M123.7M90.8M
Non Current Liabilities Total175.8M127.5M112.1M127.9M147.1M86.9M
Deferred Long Term Liab402.0K110.2M104.0M85.8M98.7M103.6M
Common Stock Shares Outstanding200.7M202.1M469.0M481.6M553.8M395.5M
Net Invested Capital8.2B10.3B11.2B11.8B13.6B7.1B
Net Working Capital3.1B5.2B5.7B6.8B7.8B8.2B
Property Plant And Equipment Net434.0M504.4M515.6M487.2M560.3M443.1M
Property Plant And Equipment Gross1.0B1.2B515.6M1.3B1.5B905.9M

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Other Information on Investing in Ingenic Stock

Balance Sheet is a snapshot of the financial position of Ingenic Semiconductor at a specified time, usually calculated after every quarter, six months, or one year. Ingenic Semiconductor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ingenic Semiconductor and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ingenic currently owns. An asset can also be divided into two categories, current and non-current.