Montage Free Cash Flow vs Change To Netincome Analysis

688008 Stock   75.48  4.51  5.64%   
Montage Technology financial indicator trend analysis is infinitely more than just investigating Montage Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Montage Technology is a good investment. Please check the relationship between Montage Technology Free Cash Flow and its Change To Netincome accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Montage Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow vs Change To Netincome

Free Cash Flow vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Montage Technology Free Cash Flow account and Change To Netincome. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Montage Technology's Free Cash Flow and Change To Netincome is -0.06. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Montage Technology Co, assuming nothing else is changed. The correlation between historical values of Montage Technology's Free Cash Flow and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Montage Technology Co are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Free Cash Flow i.e., Montage Technology's Free Cash Flow and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Netincome

Most indicators from Montage Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Montage Technology 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 Montage Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Discontinued Operations is expected to grow to about 36.3 M, whereas Tax Provision is forecasted to decline to about 20 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.7B1.3B1.3B
Total Revenue2.6B3.7B2.3B2.2B

Montage Technology fundamental ratios Correlations

-0.190.751.00.871.00.980.490.950.860.660.50.850.580.89-0.820.850.760.990.750.970.870.891.00.990.87
-0.190.0-0.20.03-0.2-0.220.02-0.12-0.38-0.180.030.1-0.43-0.320.20.03-0.19-0.16-0.21-0.13-0.28-0.34-0.23-0.19-0.35
0.750.00.730.630.710.780.670.660.660.210.720.660.730.84-0.710.970.550.740.80.690.660.590.730.720.58
1.0-0.20.730.861.00.980.480.950.860.670.490.850.570.89-0.810.830.760.990.750.980.870.891.00.990.87
0.870.030.630.860.860.760.140.960.580.570.440.990.20.61-0.470.80.490.910.490.920.580.750.850.910.74
1.0-0.20.711.00.860.980.460.940.850.670.480.830.560.88-0.80.810.770.990.730.980.850.870.990.980.85
0.98-0.220.780.980.760.980.590.870.90.610.560.750.680.93-0.890.840.820.950.820.930.910.850.980.950.84
0.490.020.670.480.140.460.590.30.55-0.010.30.210.810.75-0.730.570.540.450.770.340.60.460.490.450.45
0.95-0.120.660.950.960.940.870.30.710.660.440.950.370.75-0.620.820.640.980.590.960.720.860.950.980.85
0.86-0.380.660.860.580.850.90.550.710.640.470.570.650.84-0.950.690.750.810.870.810.990.890.880.820.89
0.66-0.180.210.670.570.670.61-0.010.660.640.10.570.080.42-0.570.350.440.640.220.660.660.640.670.640.62
0.50.030.720.490.440.480.560.30.440.470.10.420.350.45-0.50.680.690.50.580.490.440.380.480.470.37
0.850.10.660.850.990.830.750.210.950.570.570.420.20.62-0.490.830.460.90.490.890.580.760.840.90.74
0.58-0.430.730.570.20.560.680.810.370.650.080.350.20.88-0.710.610.50.520.760.440.640.470.580.520.46
0.89-0.320.840.890.610.880.930.750.750.840.420.450.620.88-0.850.830.690.860.850.80.840.770.890.860.75
-0.820.2-0.71-0.81-0.47-0.8-0.89-0.73-0.62-0.95-0.57-0.5-0.49-0.71-0.85-0.69-0.79-0.75-0.88-0.73-0.97-0.8-0.83-0.76-0.79
0.850.030.970.830.80.810.840.570.820.690.350.680.830.610.83-0.690.560.860.760.810.690.70.830.840.69
0.76-0.190.550.760.490.770.820.540.640.750.440.690.460.50.69-0.790.560.730.710.690.750.710.760.720.69
0.99-0.160.740.990.910.990.950.450.980.810.640.50.90.520.86-0.750.860.730.720.980.820.890.991.00.87
0.75-0.210.80.750.490.730.820.770.590.870.220.580.490.760.85-0.880.760.710.720.70.870.770.770.730.77
0.97-0.130.690.980.920.980.930.340.960.810.660.490.890.440.8-0.730.810.690.980.70.820.860.970.980.85
0.87-0.280.660.870.580.850.910.60.720.990.660.440.580.640.84-0.970.690.750.820.870.820.890.890.830.88
0.89-0.340.590.890.750.870.850.460.860.890.640.380.760.470.77-0.80.70.710.890.770.860.890.910.921.0
1.0-0.230.731.00.850.990.980.490.950.880.670.480.840.580.89-0.830.830.760.990.770.970.890.910.990.9
0.99-0.190.720.990.910.980.950.450.980.820.640.470.90.520.86-0.760.840.721.00.730.980.830.920.990.9
0.87-0.350.580.870.740.850.840.450.850.890.620.370.740.460.75-0.790.690.690.870.770.850.881.00.90.9
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Montage Technology Account Relationship Matchups

Montage Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8B8.4B9.0B10.7B10.7B7.3B
Other Current Liab35.6M28.0M133.8M177.1K90.3K85.8K
Total Current Liabilities279.7M236.4M437.3M639.4M391.2M398.6M
Total Stockholder Equity7.3B8.1B8.4B9.9B10.2B6.8B
Other Liab137.9M171.3M112.8M110.9M127.6M104.6M
Net Tangible Assets7.3B8.1B8.3B9.5B10.9B6.1B
Retained Earnings1.4B2.2B2.6B3.4B3.5B1.9B
Accounts Payable91.3M85.8M206.7M197.2M131.1M138.3M
Cash7.3B5.5B5.1B5.9B5.7B4.7B
Non Current Assets Total102.0M1.8B1.5B2.0B2.4B2.5B
Other Assets41.6M57.1M242.3M67.7M77.9M81.0M
Net Receivables132.0M87.5M172.4M322.4M294.3M238.1M
Non Current Liabilities Total171.3M112.8M130.6M119.4M99.7M111.3M
Inventory156.8M186.5M375.3M738.4M482.4M336.7M
Other Current Assets32.1M35.1M57.4M91.5M65.6M43.3M
Other Stockholder Equity73.0M106.6M(119.8M)(200.0M)(180.0M)(171.0M)
Total Liab451.0M349.2M567.9M758.8M490.9M509.9M
Deferred Long Term Liab1.7M2.6M2.8M3.2M3.7M2.9M
Total Current Assets7.7B6.7B7.4B8.6B8.3B6.2B
Intangible Assets16.2M10.2M124.6M131.1M137.5M144.4M
Property Plant Equipment26.5M28.6M985.5M1.1B1.2B1.3B
Net Invested Capital7.3B8.1B8.4B9.9B10.2B7.7B
Net Working Capital7.4B6.4B7.0B8.0B7.9B6.5B

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Other Information on Investing in Montage Stock

Balance Sheet is a snapshot of the financial position of Montage Technology at a specified time, usually calculated after every quarter, six months, or one year. Montage Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Montage Technology 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 Montage currently owns. An asset can also be divided into two categories, current and non-current.