Silicom Total Current Assets vs Other Current Liab Analysis
SILC Stock | USD 13.31 1.49 10.07% |
Silicom financial indicator trend analysis is much more than just breaking down Silicom prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silicom is a good investment. Please check the relationship between Silicom Total Current Assets and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicom. 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 information on how to trade Silicom Stock refer to our How to Trade Silicom Stock guide.
Total Current Assets vs Other Current Liab
Total Current Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silicom Total Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Silicom's Total Current Assets and Other Current Liab is 0.63. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Silicom, assuming nothing else is changed. The correlation between historical values of Silicom's Total Current Assets and Other Current Liab 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 Assets of Silicom are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Assets i.e., Silicom's Total Current Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Other Current Liab
Most indicators from Silicom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silicom 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Silicom. 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 information on how to trade Silicom Stock refer to our How to Trade Silicom Stock guide.At present, Silicom's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 128.5M | 150.6M | 124.1M | 130.3M | Depreciation And Amortization | 2.4M | 2.4M | 2.5M | 2.6M |
Silicom fundamental ratios Correlations
Click cells to compare fundamentals
Silicom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silicom fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 195.1M | 195.9M | 219.6M | 216.2M | 167.7M | 86.2M | |
Other Current Liab | 8.8M | 13.0M | 18.6M | 9.6M | 6.7M | 4.6M | |
Total Current Liabilities | 26.3M | 29.4M | 50.3M | 27.1M | 12.9M | 11.5M | |
Total Stockholder Equity | 162.9M | 154.8M | 158.5M | 179.3M | 148.3M | 155.7M | |
Property Plant And Equipment Net | 7.4M | 14.0M | 13.3M | 12.9M | 10.0M | 10.5M | |
Net Debt | (12.7M) | (10.6M) | (20.1M) | (22.9M) | (41.0M) | (39.0M) | |
Retained Earnings | 113.8M | 119.5M | 130.0M | 147.6M | 121.2M | 127.3M | |
Accounts Payable | 16.4M | 14.6M | 29.9M | 15.9M | 4.1M | 6.5M | |
Cash | 16.5M | 20.7M | 29.3M | 30.7M | 47.0M | 49.3M | |
Non Current Assets Total | 84.6M | 59.7M | 70.5M | 62.6M | 32.6M | 27.7M | |
Non Currrent Assets Other | 1.6M | 1.8M | 1.9M | 1.7M | 1.4M | 2.0M | |
Cash And Short Term Investments | 44.1M | 60.8M | 37.6M | 34.8M | 54.9M | 57.7M | |
Net Receivables | 28.5M | 26.7M | 34.7M | 29.5M | 27.7M | 14.2M | |
Common Stock Shares Outstanding | 7.6M | 7.2M | 7.0M | 6.8M | 6.7M | 6.5M | |
Liabilities And Stockholders Equity | 195.1M | 195.9M | 219.6M | 216.2M | 167.7M | 86.2M | |
Non Current Liabilities Total | 5.8M | 11.7M | 10.8M | 9.8M | 6.6M | 6.9M | |
Inventory | 36.5M | 47.7M | 75.8M | 88.0M | 51.6M | 54.2M | |
Other Current Assets | 1.4M | 1.1M | 1.1M | 1.4M | 829K | 1.3M | |
Other Stockholder Equity | 49.1M | 35.3M | 28.4M | 31.7M | 27.0M | 24.8M | |
Total Liab | 32.1M | 41.1M | 61.1M | 36.9M | 19.5M | 14.8M | |
Total Current Assets | 110.4M | 136.2M | 149.1M | 153.6M | 135.1M | 141.9M | |
Short Term Investments | 27.6M | 40.1M | 8.3M | 4.0M | 8.0M | 10.9M | |
Other Liab | 3.1M | 3.4M | 3.4M | 3.5M | 4.0M | 2.7M | |
Other Assets | 3.4M | 3.6M | 4.3M | 2.2M | 2.5M | 1.9M | |
Property Plant Equipment | 7.4M | 14.0M | 13.3M | 12.9M | 14.9M | 15.6M | |
Property Plant And Equipment Gross | 7.4M | 14.0M | 30.6M | 32.4M | 31.7M | 33.3M | |
Intangible Assets | 1.7M | 1.2M | 4.3M | 6.7M | 2.3M | 2.1M | |
Long Term Investments | 46.5M | 15.3M | 23.8M | 15.2M | 16.6M | 17.9M | |
Net Tangible Assets | 135.6M | 128.1M | 128.6M | 147.0M | 169.1M | 127.9M | |
Net Invested Capital | 162.9M | 154.8M | 158.5M | 179.3M | 148.3M | 173.3M | |
Net Working Capital | 84.1M | 106.9M | 98.0M | 126.5M | 122.3M | 113.9M |
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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 Silicom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Silicom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Silicom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Silicom Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicom. 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 information on how to trade Silicom Stock refer to our How to Trade Silicom Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Communications 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 Silicom. If investors know Silicom 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 Silicom 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 (0.80) | Earnings Share (6.45) | Revenue Per Share 10.059 | Quarterly Revenue Growth (0.51) | Return On Assets (0.06) |
The market value of Silicom is measured differently than its book value, which is the value of Silicom that is recorded on the company's balance sheet. Investors also form their own opinion of Silicom's value that differs from its market value or its book value, called intrinsic value, which is Silicom'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 Silicom's market value can be influenced by many factors that don't directly affect Silicom'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 Silicom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Silicom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silicom'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.