Diodes Price To Sales Ratio vs Payables Turnover Analysis
DIOD Stock | USD 62.30 0.28 0.45% |
Diodes Incorporated financial indicator trend analysis is much more than just examining Diodes Incorporated latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diodes Incorporated is a good investment. Please check the relationship between Diodes Incorporated Price To Sales Ratio and its Payables Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diodes Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.
Price To Sales Ratio vs Payables Turnover
Price To Sales Ratio vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diodes Incorporated Price To Sales Ratio account and Payables Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Diodes Incorporated's Price To Sales Ratio and Payables Turnover is -0.59. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Diodes Incorporated, assuming nothing else is changed. The correlation between historical values of Diodes Incorporated's Price To Sales Ratio and Payables 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 Price To Sales Ratio of Diodes Incorporated are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Price To Sales Ratio i.e., Diodes Incorporated's Price To Sales Ratio and Payables Turnover go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Diodes Incorporated stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Diodes Incorporated sales, a figure that is much harder to manipulate than other Diodes Incorporated multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most indicators from Diodes Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diodes Incorporated 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diodes Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.At present, Diodes Incorporated's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 651.8 M, whereas Issuance Of Capital Stock is forecasted to decline to 950.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 670.4M | 827.2M | 658.2M | 691.1M | Total Revenue | 1.8B | 2.0B | 1.7B | 1.7B |
Diodes Incorporated fundamental ratios Correlations
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Diodes Incorporated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Diodes Incorporated fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 2.0B | 2.2B | 2.3B | 2.4B | 2.5B | |
Short Long Term Debt Total | 110.8M | 450.6M | 301.0M | 213.7M | 98.4M | 126.4M | |
Other Current Liab | 296K | 149.3M | 173.4M | 204.0M | 167.6M | 175.9M | |
Total Current Liabilities | 285.3M | 509.8M | 471.0M | 432.5M | 393.5M | 413.2M | |
Total Stockholder Equity | 1.1B | 963.8M | 1.2B | 1.5B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 469.6M | 530.8M | 582.1M | 736.7M | 746.2M | 783.5M | |
Net Debt | (147.5M) | 182.5M | (62.6M) | (123.1M) | (217.1M) | (206.2M) | |
Retained Earnings | 790.0M | 888.0M | 1.1B | 1.4B | 1.7B | 1.8B | |
Cash | 258.4M | 268.1M | 363.6M | 336.7M | 315.5M | 331.2M | |
Non Current Assets Total | 829.4M | 955.5M | 1.0B | 1.1B | 1.2B | 1.2B | |
Non Currrent Assets Other | 81.5M | 79.6M | 112.0M | 107.8M | 146.5M | 153.8M | |
Cash And Short Term Investments | 263.2M | 274.2M | 370.1M | 343.8M | 325.6M | 341.9M | |
Net Receivables | 260.3M | 320.1M | 358.5M | 369.2M | 371.9M | 390.5M | |
Common Stock Shares Outstanding | 51.9M | 52.1M | 45.8M | 46.0M | 46.3M | 41.7M | |
Liabilities And Stockholders Equity | 1.6B | 2.0B | 2.2B | 2.3B | 2.4B | 2.5B | |
Non Current Liabilities Total | 201.3M | 453.6M | 420.7M | 272.9M | 164.5M | 144.1M | |
Inventory | 236.5M | 307.1M | 348.6M | 360.3M | 389.8M | 409.3M | |
Other Current Assets | 50.0M | 122.7M | 110.4M | 88.4M | 100.1M | 105.1M | |
Other Stockholder Equity | 389.5M | 113.7M | 134.8M | 157.3M | 171.9M | 131.8M | |
Total Liab | 486.6M | 963.3M | 891.8M | 705.4M | 558.0M | 585.9M | |
Property Plant And Equipment Gross | 469.6M | 530.8M | 1.4B | 1.6B | 1.8B | 1.8B | |
Total Current Assets | 810.0M | 1.0B | 1.2B | 1.2B | 1.2B | 1.2B | |
Accumulated Other Comprehensive Income | (108.1M) | (73.6M) | (50.5M) | (128.2M) | (143.2M) | (136.1M) | |
Short Term Debt | 46.4M | 173.2M | 46.7M | 45.4M | 54.0M | 56.7M | |
Current Deferred Revenue | 116.4M | 165.8M | 210.6M | 35.3M | 55.2M | 80.4M | |
Accounts Payable | 122.1M | 168.0M | 221.3M | 160.4M | 158.3M | 166.2M | |
Common Stock Total Equity | 35.1M | 35.7M | 36.2M | 36.5M | 42.0M | 26.8M | |
Intangible Assets | 119.5M | 110.6M | 94.6M | 79.1M | 63.9M | 63.9M | |
Common Stock | 35.1M | 35.7M | 36.2M | 36.5M | 36.8M | 27.3M | |
Other Assets | 40.1M | 155.7M | 180.3M | 99.1M | 114.0M | 119.7M | |
Long Term Debt | 64.4M | 288.2M | 265.6M | 147.5M | 17.0M | 16.1M | |
Good Will | 141.3M | 158.3M | 149.9M | 144.8M | 146.6M | 139.2M | |
Property Plant Equipment | 469.6M | 530.8M | 582.1M | 736.7M | 847.2M | 889.6M | |
Short Term Investments | 4.8M | 6.1M | 6.5M | 7.1M | 10.2M | 9.7M | |
Other Liab | 109.2M | 165.4M | 155.2M | 104.6M | 120.3M | 86.2M | |
Net Tangible Assets | 845.6M | 694.9M | 992.8M | 1.3B | 1.5B | 1.6B | |
Noncontrolling Interest In Consolidated Entity | 46.4M | 52.3M | 65.5M | 69.3M | 79.7M | 47.9M | |
Long Term Debt Total | 64.4M | 288.2M | 265.6M | 147.5M | 169.6M | 239.7M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Diodes Incorporated is a strong investment it is important to analyze Diodes Incorporated'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 Diodes Incorporated's future performance. For an informed investment choice regarding Diodes Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diodes Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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 Diodes Incorporated. If investors know Diodes 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 Diodes Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Earnings Share 1.32 | Revenue Per Share 28.075 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0155 |
The market value of Diodes Incorporated is measured differently than its book value, which is the value of Diodes that is recorded on the company's balance sheet. Investors also form their own opinion of Diodes Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Diodes Incorporated'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 Diodes Incorporated's market value can be influenced by many factors that don't directly affect Diodes Incorporated'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 Diodes Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diodes Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diodes Incorporated'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.