Skyworks Solutions Financials

SWKS Stock  USD 107.89  3.87  3.72%   
Based on the key indicators related to Skyworks Solutions' liquidity, profitability, solvency, and operating efficiency, Skyworks Solutions is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. At this time, Skyworks Solutions' Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 6.9 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 188.3 M in 2024. Key indicators impacting Skyworks Solutions' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0420.0392
Notably Up
Slightly volatile
Return On Assets0.03350.0504
Way Down
Slightly volatile
Return On Equity0.06940.0661
Sufficiently Up
Slightly volatile
Debt Equity Ratio0.06440.0678
Notably Down
Slightly volatile
Current Ratio2.833.3525
Fairly Down
Slightly volatile
The financial analysis of Skyworks Solutions is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Skyworks Solutions includes many different criteria found on its balance sheet. For example, investors should never minimize Skyworks Solutions' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Skyworks Solutions' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Skyworks Solutions.

Net Income

1.19 Billion

With this module, you can analyze Skyworks financials for your investing period. You should be able to track the changes in Skyworks Solutions individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Skyworks Solutions Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Skyworks Solutions' financial statements are interrelated, with each one affecting the others. For example, an increase in Skyworks Solutions' assets may result in an increase in income on the income statement.
Evaluating Skyworks Solutions' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Skyworks Solutions' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Skyworks Solutions' relative financial performance

Chance Of Distress

Less than 3

 
100  
 
Zero
Very Low
Skyworks Solutions has less than 3 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Skyworks Solutions stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Skyworks Solutions' odds of distress score SHOULD NOT be confused with the real chance of Skyworks Solutions filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Skyworks is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Skyworks Solutions' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Skyworks Solutions' official financial statements usually reflect Skyworks Solutions' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Skyworks Solutions. For example, before you start analyzing numbers published by Skyworks accountants, it's critical to develop an understanding of what Skyworks Solutions' liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of Skyworks Solutions' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Skyworks Solutions' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Skyworks Solutions' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Skyworks Solutions. Please utilize our Beneish M Score to check the likelihood of Skyworks Solutions' management manipulating its earnings.

Skyworks Solutions Company Summary

Skyworks Solutions competes with ON Semiconductor, Nano Labs, Daqo New, and Impinj. Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Skyworks Solutions, Inc. was founded in 1962 and is based in Irvine, California. Skyworks Solutions operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 11150 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000004127
ISINUS83088M1027
CUSIP83088M102 020753109
RegionNorth America
LocationCalifornia; U.S.A
Business Address5260 California Avenue,
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.skyworksinc.com
Phone949 231 3000
CurrencyUSD - US Dollar
You should never invest in Skyworks Solutions without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Skyworks Stock, because this is throwing your money away. Analyzing the key information contained in Skyworks Solutions' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Skyworks Solutions Key Financial Ratios

Generally speaking, Skyworks Solutions' financial ratios allow both analysts and investors to convert raw data from Skyworks Solutions' financial statements into concise, actionable information that can be used to evaluate the performance of Skyworks Solutions over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Skyworks Solutions reports annually and quarterly.

Skyworks Solutions Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.1B8.6B8.9B8.4B9.7B10.2B
Other Current Liab667.1M45.9M234.9M892.6M1.0B1.1B
Net Debt(829.3M)1.4B2.1B573.4M516.1M541.9M
Retained Earnings4.8B5.2B5.4B5.9B6.8B7.1B
Cash980M882.9M566M718.8M826.6M868.0M
Net Receivables393.6M756.2M1.1B864.3M993.9M1.0B
Inventory806M885M1.2B1.1B1.3B1.4B
Other Current Assets143.2M204.1M95.2M461.1M530.3M556.8M
Total Liab942.5M3.3B3.4B2.3B2.7B2.8B
Total Current Assets2.2B2.7B2.9B2.7B3.1B3.3B
Accounts Payable226.9M236M274.2M159.2M183.1M112.0M
Common Stock41.4M41.3M40M39.9M45.9M39.5M
Other Liab343.3M343.4M255M281.1M323.3M339.4M
Other Assets74.1M123.2M11.3B792.7M911.6M615.5M
Treasury Stock(2.7B)(3.4B)(4.1B)(1.7M)(1.5M)(1.6M)
Intangible Assets53.5M1.7B1.4B1.2B1.4B1.5B
Net Tangible Assets2.8B2.9B1.4B1.8B2.1B2.1B
Capital Surpluse3.2B3.4B79.6M11.9M10.7M10.2M

Skyworks Solutions Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Skyworks Solutions' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense27.7M13.4M47.9M64.4M74.1M77.8M
Total Revenue3.4B5.1B5.5B4.8B5.5B5.8B
Gross Profit1.6B2.5B2.6B2.1B2.4B2.5B
Operating Income891.8M1.6B1.5B1.1B1.3B1.4B
Ebit891.8M1.6B1.5B1.2B1.3B1.4B
Ebitda1.3B2.1B2.2B1.8B2.1B2.2B
Cost Of Revenue1.7B2.6B2.9B2.7B3.1B3.2B
Income Before Tax891.7M1.6B1.5B1.1B1.2B1.3B
Net Income814.8M1.5B1.3B982.8M1.1B1.2B
Income Tax Expense76.9M100.4M201.4M96M110.4M56.7M
Research Development464.1M532.3M617.9M606.8M697.8M732.7M
Non Recurring6.8M13.8M8.9M30.7M35.3M37.1M
Tax Provision76.9M100.4M201.4M96M86.4M148.7M

Skyworks Solutions Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Skyworks Solutions. It measures of how well Skyworks is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Skyworks Solutions brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Skyworks had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Skyworks Solutions has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(190.4M)(41.2M)(337.3M)90.8M81.7M85.8M
Change In Cash(284.6M)316.2M(316.9M)152.8M137.5M144.4M
Free Cash Flow806M1.1B914.9M1.6B1.9B2.0B
Depreciation364.3M436.7M690.1M613.7M705.8M741.0M
Other Non Cash Items15.6M8.4M23.2M65M58.5M61.4M
Capital Expenditures398.5M652.1M509.7M236.1M271.5M157.5M
Net Income814.8M1.5B1.3B982.8M1.1B1.2B
End Period Cash Flow566.7M882.9M566M718.8M826.6M868.0M
Change Receivables190.5M71.7M(397.7M)(337.8M)(304.0M)(288.8M)
Dividends Paid307M340.6M373.2M405.2M466.0M489.3M
Change To Netincome121.8M193M139.7M479.6M551.5M579.1M
Investments(581.4M)269.9M123.1M(224.4M)(202.0M)(191.9M)

Skyworks Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Skyworks Solutions's current stock value. Our valuation model uses many indicators to compare Skyworks Solutions value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Skyworks Solutions competition to find correlations between indicators driving Skyworks Solutions's intrinsic value. More Info.
Skyworks Solutions is rated second in revenue category among related companies. It is rated second in total asset category among related companies fabricating about  1.77  of Total Asset per Revenue. Total Assets is likely to gain to about 10.2 B in 2024. Comparative valuation analysis is a catch-all model that can be used if you cannot value Skyworks Solutions by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Skyworks Solutions' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Skyworks Solutions' earnings, one of the primary drivers of an investment's value.

Skyworks Solutions Systematic Risk

Skyworks Solutions' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Skyworks Solutions volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Skyworks Solutions correlated with the market. If Beta is less than 0 Skyworks Solutions generally moves in the opposite direction as compared to the market. If Skyworks Solutions Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Skyworks Solutions is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Skyworks Solutions is generally in the same direction as the market. If Beta > 1 Skyworks Solutions moves generally in the same direction as, but more than the movement of the benchmark.

About Skyworks Solutions Financials

What exactly are Skyworks Solutions Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Skyworks Solutions' income statement, its balance sheet, and the statement of cash flows. Potential Skyworks Solutions investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Skyworks Solutions investors may use each financial statement separately, they are all related. The changes in Skyworks Solutions's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Skyworks Solutions's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Skyworks Solutions Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Skyworks Solutions is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Skyworks has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Skyworks Solutions' financials are consistent with your investment objective using the following steps:
  • Review Skyworks Solutions' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Skyworks Solutions' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Skyworks Solutions' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Skyworks Solutions' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Skyworks Solutions Thematic Clasifications

Skyworks Solutions is part of several thematic ideas from Electronics to Macroaxis Index. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Skyworks Solutions Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Skyworks Solutions' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Skyworks Solutions growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.98

At this time, Skyworks Solutions' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Skyworks Solutions March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Skyworks Solutions help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Skyworks Solutions. We use our internally-developed statistical techniques to arrive at the intrinsic value of Skyworks Solutions based on widely used predictive technical indicators. In general, we focus on analyzing Skyworks Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Skyworks Solutions's daily price indicators and compare them against related drivers.
When determining whether Skyworks Solutions is a strong investment it is important to analyze Skyworks Solutions' 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 Skyworks Solutions' future performance. For an informed investment choice regarding Skyworks Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyworks Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skyworks Stock please use our How to Invest in Skyworks Solutions guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Skyworks Solutions' price analysis, check to measure Skyworks Solutions' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skyworks Solutions is operating at the current time. Most of Skyworks Solutions' value examination focuses on studying past and present price action to predict the probability of Skyworks Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyworks Solutions' price. Additionally, you may evaluate how the addition of Skyworks Solutions to your portfolios can decrease your overall portfolio volatility.
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Is Skyworks Solutions' industry 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 Skyworks Solutions. If investors know Skyworks 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 Skyworks Solutions 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
(0.25)
Dividend Share
2.6
Earnings Share
5.64
Revenue Per Share
29.133
Quarterly Revenue Growth
(0.1)
The market value of Skyworks Solutions is measured differently than its book value, which is the value of Skyworks that is recorded on the company's balance sheet. Investors also form their own opinion of Skyworks Solutions' value that differs from its market value or its book value, called intrinsic value, which is Skyworks Solutions' 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 Skyworks Solutions' market value can be influenced by many factors that don't directly affect Skyworks Solutions' 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 Skyworks Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyworks Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyworks Solutions' 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.