Pixelworks Cash vs Total Assets Analysis

PXLW Stock  USD 0.80  0.02  2.44%   
Pixelworks financial indicator trend analysis is much more than just breaking down Pixelworks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pixelworks is a good investment. Please check the relationship between Pixelworks Cash and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pixelworks. 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 information on how to buy Pixelworks Stock please use our How to Invest in Pixelworks guide.

Cash vs Total Assets

Cash vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pixelworks Cash account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Pixelworks' Cash and Total Assets is 0.83. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Pixelworks, assuming nothing else is changed. The correlation between historical values of Pixelworks' Cash and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Pixelworks are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., Pixelworks' Cash and Total Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Cash

Cash refers to the most liquid asset of Pixelworks, which is listed under current asset account on Pixelworks balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pixelworks customers. The amounts must be unrestricted with restricted cash listed in a different Pixelworks account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Assets

Total assets refers to the total amount of Pixelworks assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Pixelworks books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Pixelworks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pixelworks 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Pixelworks. 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 information on how to buy Pixelworks Stock please use our How to Invest in Pixelworks guide.Enterprise Value is likely to climb to about 280.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 15.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit27.7M35.9M25.7M28.0M
Total Revenue55.1M70.1M59.7M61.6M

Pixelworks fundamental ratios Correlations

0.48-0.840.83-0.210.920.96-0.490.90.95-0.040.290.420.72-0.760.20.90.560.760.850.150.760.65-0.10.710.8
0.48-0.130.250.070.270.40.070.190.320.110.010.420.59-0.5-0.220.610.040.440.050.060.28-0.10.210.650.59
-0.84-0.13-0.970.09-0.98-0.80.59-0.84-0.940.04-0.35-0.34-0.470.6-0.4-0.54-0.65-0.5-0.790.22-0.8-0.520.17-0.52-0.6
0.830.25-0.97-0.040.970.76-0.540.770.94-0.010.310.380.54-0.610.320.530.640.550.68-0.290.810.41-0.150.580.68
-0.210.070.09-0.04-0.13-0.33-0.56-0.32-0.23-0.25-0.14-0.53-0.030.56-0.36-0.13-0.06-0.3-0.24-0.57-0.03-0.36-0.37-0.48-0.43
0.920.27-0.980.97-0.130.87-0.560.880.98-0.050.320.40.56-0.670.330.670.630.610.82-0.130.810.55-0.150.60.7
0.960.4-0.80.76-0.330.87-0.410.850.920.030.340.350.69-0.830.190.860.450.730.860.270.660.74-0.050.740.83
-0.490.070.59-0.54-0.56-0.56-0.41-0.46-0.480.31-0.10.35-0.33-0.060.06-0.42-0.32-0.22-0.590.28-0.47-0.450.490.13-0.05
0.90.19-0.840.77-0.320.880.85-0.460.88-0.010.310.520.49-0.660.370.770.610.550.930.150.710.71-0.080.540.61
0.950.32-0.940.94-0.230.980.92-0.480.88-0.080.360.420.64-0.750.350.720.660.730.830.010.830.6-0.170.690.78
-0.040.110.04-0.01-0.25-0.050.030.31-0.01-0.08-0.090.12-0.22-0.15-0.250.03-0.28-0.27-0.040.04-0.24-0.120.770.170.14
0.290.01-0.350.31-0.140.320.34-0.10.310.36-0.090.120.38-0.470.280.140.620.180.360.040.650.27-0.250.420.36
0.420.42-0.340.38-0.530.40.350.350.520.420.120.120.22-0.620.40.340.340.220.220.020.370.080.380.640.54
0.720.59-0.470.54-0.030.560.69-0.330.490.64-0.220.380.22-0.680.160.690.350.680.490.320.590.53-0.360.720.78
-0.76-0.50.6-0.610.56-0.67-0.83-0.06-0.66-0.75-0.15-0.47-0.62-0.68-0.35-0.64-0.44-0.59-0.59-0.36-0.57-0.55-0.11-0.97-0.94
0.2-0.22-0.40.32-0.360.330.190.060.370.35-0.250.280.40.16-0.35-0.040.550.120.30.180.320.22-0.150.270.2
0.90.61-0.540.53-0.130.670.86-0.420.770.720.030.140.340.69-0.64-0.040.310.670.750.330.520.630.010.610.69
0.560.04-0.650.64-0.060.630.45-0.320.610.66-0.280.620.340.35-0.440.550.310.460.54-0.130.870.24-0.360.40.4
0.760.44-0.50.55-0.30.610.73-0.220.550.73-0.270.180.220.68-0.590.120.670.460.520.320.60.45-0.290.60.7
0.850.05-0.790.68-0.240.820.86-0.590.930.83-0.040.360.220.49-0.590.30.750.540.520.270.640.83-0.230.420.51
0.150.060.22-0.29-0.57-0.130.270.280.150.010.040.040.020.32-0.360.180.33-0.130.320.27-0.170.55-0.010.270.26
0.760.28-0.80.81-0.030.810.66-0.470.710.83-0.240.650.370.59-0.570.320.520.870.60.64-0.170.37-0.310.560.6
0.65-0.1-0.520.41-0.360.550.74-0.450.710.6-0.120.270.080.53-0.550.220.630.240.450.830.550.37-0.260.370.5
-0.10.210.17-0.15-0.37-0.15-0.050.49-0.08-0.170.77-0.250.38-0.36-0.11-0.150.01-0.36-0.29-0.23-0.01-0.31-0.260.160.09
0.710.65-0.520.58-0.480.60.740.130.540.690.170.420.640.72-0.970.270.610.40.60.420.270.560.370.160.96
0.80.59-0.60.68-0.430.70.83-0.050.610.780.140.360.540.78-0.940.20.690.40.70.510.260.60.50.090.96
Click cells to compare fundamentals

Pixelworks Account Relationship Matchups

Pixelworks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.7M72.0M106.6M102.3M96.0M92.6M
Total Stockholder Equity47.5M52.9M40.2M32.4M12.5M11.9M
Net Debt(3.0M)(26.2M)(58.7M)(53.3M)(42.6M)(40.5M)
Cash7.3M31.3M61.6M56.8M47.5M29.2M
Other Assets1.3M7.4M3.2M3.6M1.00.95
Cash And Short Term Investments14.2M31.5M61.6M56.8M47.5M43.9M
Common Stock Shares Outstanding37.9M40.7M52.5M54.3M56.2M59.0M
Liabilities And Stockholders Equity64.7M72.0M106.6M102.3M96.0M92.6M
Other Stockholder Equity18.3M47K(468K)2.2M2.5M2.8M
Total Liab17.1M19.2M35.5M30.1M31.0M38.3M
Total Current Assets32.2M39.6M74.5M72.4M64.7M56.2M
Short Long Term Debt Total4.2M5.1M2.9M3.5M4.9M4.7M
Other Current Liab7.2M7.2M11.1M7.2M7.3M8.3M
Total Current Liabilities9.7M10.6M16.4M12.5M12.3M13.1M
Property Plant And Equipment Net10.0M11.7M10.4M8.0M10.7M6.7M
Retained Earnings(388.6M)(415.1M)(435.0M)(451.0M)(477.2M)(453.3M)
Accounts Payable818K995K2.7M3.1M2.4M2.9M
Non Current Assets Total32.4M32.4M32.1M30.0M31.2M37.8M
Non Currrent Assets Other1.3M1.1M3.2M3.6M2.1M2.0M
Net Receivables10.9M4.7M8.7M10.0M10.1M5.9M
Non Current Liabilities Total7.5M8.6M19.0M17.6M18.7M30.0M
Inventory5.4M2.4M1.5M1.8M4.0M4.8M
Other Current Assets1.7M2.0M5.5M3.7M3.1M2.3M
Property Plant And Equipment Gross10.0M11.7M10.4M8.0M27.2M28.6M
Accumulated Other Comprehensive Income12K47K(468K)2.2M3.4M3.5M
Short Term Debt1.5M2.0M2.4M1.4M2.4M3.2M
Common Stock436.1M468.0M475.6M481.2M486.3M380.4M
Common Stock Total Equity436.1M468.0M475.6M481.2M553.4M391.3M
Property Plant Equipment4.6M5.1M10.4M4.6M4.2M6.3M
Intangible Assets4.2M2.7M1.2M90K81K77.0K
Other Liab3.2M3.5M16.2M15.4M13.9M14.6M
Net Tangible Assets26.4M33.3M21.7M42.9M49.4M25.1M
Retained Earnings Total Equity(388.6M)(415.1M)(435.0M)(451.0M)(405.9M)(426.2M)
Non Current Liabilities Other7.5M8.6M13.2M14.5M15.2M15.9M
Current Deferred Revenue96K146K179K50K230K138.7K
Net Invested Capital47.5M52.9M40.2M32.4M12.5M11.9M
Net Working Capital22.6M29.0M58.1M59.9M52.4M40.6M

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