SWKS has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SWKS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Skyworks Solutions's Total Assets for the quarter that ended in Mar. 2023 was $8,842 Mil.
Warning Sign:
If a company builds assets at 23.2% a year, faster than its revenue growth rate of 11.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Skyworks Solutions's average Total Assets Growth Rate was 0.60% per year. During the past 3 years, the average Total Assets Growth Rate was 29.90% per year. During the past 5 years, the average Total Assets Growth Rate was 23.20% per year. During the past 10 years, the average Total Assets Growth Rate was 15.90% per year.
During the past 13 years, Skyworks Solutions's highest 3-Year average Total Assets Growth Rate was 90.20%. The lowest was -8.30%. And the median was 11.15%.
Total Assets is connected with ROA %. Skyworks Solutions's annualized ROA % for the quarter that ended in Mar. 2023 was 10.47%. Total Assets is also linked to Revenue through Asset Turnover. Skyworks Solutions's Asset Turnover for the quarter that ended in Mar. 2023 was 0.13.
The historical data trend for Skyworks Solutions's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Skyworks Solutions's Total Assets for the fiscal year that ended in Sep. 2022 is calculated as
Total Assets | = | Total Equity (A: Sep. 2022 ) | + | Total Liabilities (A: Sep. 2022 ) |
= | 5469 | + | 3404.8 | |
= | 8,874 |
Skyworks Solutions's Total Assets for the quarter that ended in Mar. 2023 is calculated as
Total Assets | = | Total Equity (Q: Mar. 2023 ) | + | Total Liabilities (Q: Mar. 2023 ) |
= | 5732.9 | + | 3108.8 | |
= | 8,842 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Skyworks Solutions (NAS:SWKS) Total Assets Explanation
Total Assets is connected with ROA %.
Skyworks Solutions's annualized ROA % for the quarter that ended in Mar. 2023 is
ROA % | = | Net Income (Q: Mar. 2023 ) | / | ( (Total Assets (Q: Dec. 2022 ) | + | Total Assets (Q: Mar. 2023 )) | / count ) |
= | 931.2 | / | ( (8947.4 | + | 8841.7) | / 2 ) | |
= | 931.2 | / | 8894.55 | ||||
= | 10.47 % |
Note: The Net Income data used here is four times the quarterly (Mar. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Skyworks Solutions's Asset Turnover for the quarter that ended in Mar. 2023 is
Asset Turnover | ||||||
= | Revenue (Q: Mar. 2023 ) | / | ( (Total Assets (Q: Dec. 2022 ) | + | Total Assets (Q: Mar. 2023 )) | / count ) |
= | 1153.1 | / | ( (8947.4 | + | 8841.7) | / 2 ) |
= | 1153.1 | / | 8894.55 | |||
= | 0.13 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Thank you for viewing the detailed overview of Skyworks Solutions's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Suzanne E. Mcbride | director | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102 |
Eric Guerin | director | 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169 |
Reza Kasnavi | officer: SVP, Tech. & Manufacturing | 5260 CALIFORNIA AVENUE, IRVINE CA 92617 |
Karilee A Durham | officer: SVP, Human Resources | 5260 CALIFORNIA AVENUE, IRVINE CA 92617 |
Alan S. Batey | director | 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000 |
Kimberly S Stevenson | director | 199 FREMONT STREET, 7TH FLOOR, SAN FRANCISCO CA 94105 |
Carlos S Bori | officer: VP, Sales & Marketing | 5260 CALIFORNIA AVENUE, IRVINE CA 92617 |
Robert John Terry | officer: VP, General Counsel &Secretary | 5260 CALIFORNIA AVENUE, IRVINE CA 92617 |
Kris Sennesael | officer: SVP & Chief Financial Officer | 5260 CALIFORNIA AVENUE, IRVINE CA 92617 |
Laura A Gasparini | officer: VP, Human Resources | 20 SYLVAN ROAD, WOBURN MA 01801 |
Peter L Gammel | officer: Chief Technology Officer | 600 LEXINGTON AVENUE, 29TH FLOOR, NEW YORK NY 10021 |
Victoria Vezina | officer: VP, Human Resources | 20 SYLVAN ROAD, WOBURN MA 01801 |
Christine King | director | AMIS HOLDINGS, INC., 2300 BUCKSKIN RD, POCATELLO ID 83201 |
Bruce J Freyman | officer: Vice President - Operations | 5221 CALIFORNIA AVE., IRVINE CA 92617 |
Donald W Palette | officer: V. P., Chief Financial Officer | 20 SYLVAN ROAD, WOBURN MA 01801 |
From GuruFocus
By Business Wire 11-16-2022
By Business Wire 01-19-2023
By insider 10-15-2021
Other Sources
By Yahoo Finance 2022-12-23
By Seekingalpha 2023-01-05
By Yahoo Finance 2023-01-27
By Yahoo Finance 2022-12-29
By Zacks 2023-01-13
By Yahoo Finance 2023-01-13
By Yahoo Finance 2023-01-10
By Yahoo Finance 2023-01-30
By Yahoo Finance 2022-12-22
By Seekingalpha 2022-12-19
By Zacks 2022-12-30
By CNBC 2023-01-23
By Yahoo Finance 2023-01-05
By Yahoo Finance 2022-11-08
By Seekingalpha 2023-01-12
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.