Stock Analysis on Net

NXP Semiconductors N.V. (NASDAQ:NXPI)

This company has been moved to the archive! The financial data has not been updated since July 26, 2022.

Adjusted Financial Ratios

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Adjusted Financial Ratios (Summary)

NXP Semiconductors N.V., adjusted financial ratios

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Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Activity Ratio
Total Asset Turnover
Reported 0.53 0.43 0.44 0.44 0.38
Adjusted 0.54 0.44 0.45 0.44 0.39
Liquidity Ratio
Current Ratio
Reported 2.13 2.14 1.82 1.54 2.22
Adjusted 2.15 2.21 1.86 1.57 2.29
Solvency Ratios
Debt to Equity
Reported 1.62 0.85 0.78 0.70 0.49
Adjusted 1.68 0.89 0.79 0.69 0.47
Debt to Capital
Reported 0.62 0.46 0.44 0.41 0.33
Adjusted 0.63 0.47 0.44 0.41 0.32
Financial Leverage
Reported 3.20 2.22 2.12 2.05 1.78
Adjusted 3.18 2.19 2.04 1.96 1.68
Profitability Ratios
Net Profit Margin
Reported 16.91% 0.60% 2.74% 23.47% 23.93%
Adjusted 16.09% -2.15% 0.17% 20.93% 16.82%
Return on Equity (ROE)
Reported 28.66% 0.58% 2.57% 21.02% 16.37%
Adjusted 27.70% -2.09% 0.15% 18.04% 10.98%
Return on Assets (ROA)
Reported 8.97% 0.26% 1.21% 10.26% 9.21%
Adjusted 8.71% -0.95% 0.08% 9.21% 6.53%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).

Financial ratio Description The company
Adjusted total asset turnover An activity ratio calculated as total revenue divided by adjusted total assets. NXP Semiconductors N.V. adjusted total asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
Adjusted current ratio A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. NXP Semiconductors N.V. adjusted current ratio improved from 2019 to 2020 but then slightly deteriorated from 2020 to 2021.
Adjusted debt-to-equity ratio A solvency ratio calculated as adjusted total debt divided by adjusted total equity. NXP Semiconductors N.V. adjusted debt-to-equity ratio deteriorated from 2019 to 2020 and from 2020 to 2021.
Adjusted debt-to-capital ratio A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. NXP Semiconductors N.V. adjusted debt-to-capital ratio deteriorated from 2019 to 2020 and from 2020 to 2021.
Adjusted financial leverage A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity.
Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.
NXP Semiconductors N.V. adjusted financial leverage ratio increased from 2019 to 2020 and from 2020 to 2021.
Adjusted net profit margin An indicator of profitability, calculated as adjusted net income divided by total revenue. NXP Semiconductors N.V. adjusted net profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
Adjusted ROE A profitability ratio calculated as adjusted net income divided by adjusted total equity. NXP Semiconductors N.V. adjusted ROE deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
Adjusted ROA A profitability ratio calculated as adjusted net income divided by adjusted total assets. NXP Semiconductors N.V. adjusted ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

NXP Semiconductors N.V., Financial Ratios: Reported vs. Adjusted


Adjusted Total Asset Turnover

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Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Reported
Selected Financial Data (US$ in millions)
Revenue 11,063 8,612 8,877 9,407 9,256
Total assets 20,864 19,847 20,016 21,530 24,049
Activity Ratio
Total asset turnover1 0.53 0.43 0.44 0.44 0.38
Adjusted
Selected Financial Data (US$ in millions)
Revenue 11,063 8,612 8,877 9,407 9,256
Adjusted total assets2 20,425 19,372 19,725 21,378 23,846
Activity Ratio
Adjusted total asset turnover3 0.54 0.44 0.45 0.44 0.39

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).

1 2021 Calculation
Total asset turnover = Revenue ÷ Total assets
= 11,063 ÷ 20,864 = 0.53

2 Adjusted total assets. See details »

3 2021 Calculation
Adjusted total asset turnover = Revenue ÷ Adjusted total assets
= 11,063 ÷ 20,425 = 0.54

Activity ratio Description The company
Adjusted total asset turnover An activity ratio calculated as total revenue divided by adjusted total assets. NXP Semiconductors N.V. adjusted total asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Adjusted Current Ratio

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Reported
Selected Financial Data (US$ in millions)
Current assets 5,228 4,324 3,267 5,225 6,044
Current liabilities 2,452 2,017 1,791 3,385 2,718
Liquidity Ratio
Current ratio1 2.13 2.14 1.82 1.54 2.22
Adjusted
Selected Financial Data (US$ in millions)
Adjusted current assets2 5,230 4,326 3,269 5,228 6,047
Adjusted current liabilities3 2,427 1,957 1,759 3,325 2,644
Liquidity Ratio
Adjusted current ratio4 2.15 2.21 1.86 1.57 2.29

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).

1 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 5,228 ÷ 2,452 = 2.13

2 Adjusted current assets. See details »

3 Adjusted current liabilities. See details »

4 2021 Calculation
Adjusted current ratio = Adjusted current assets ÷ Adjusted current liabilities
= 5,230 ÷ 2,427 = 2.15

Liquidity ratio Description The company
Adjusted current ratio A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. NXP Semiconductors N.V. adjusted current ratio improved from 2019 to 2020 but then slightly deteriorated from 2020 to 2021.

Adjusted Debt to Equity

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Reported
Selected Financial Data (US$ in millions)
Total debt 10,572 7,609 7,365 7,354 6,565
Stockholders’ equity 6,528 8,944 9,441 10,505 13,527
Solvency Ratio
Debt to equity1 1.62 0.85 0.78 0.70 0.49
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total debt2 10,809 7,846 7,603 7,492 6,683
Adjusted total equity3 6,425 8,835 9,678 10,915 14,185
Solvency Ratio
Adjusted debt to equity4 1.68 0.89 0.79 0.69 0.47

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).

1 2021 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity
= 10,572 ÷ 6,528 = 1.62

2 Adjusted total debt. See details »

3 Adjusted total equity. See details »

4 2021 Calculation
Adjusted debt to equity = Adjusted total debt ÷ Adjusted total equity
= 10,809 ÷ 6,425 = 1.68

Solvency ratio Description The company
Adjusted debt-to-equity ratio A solvency ratio calculated as adjusted total debt divided by adjusted total equity. NXP Semiconductors N.V. adjusted debt-to-equity ratio deteriorated from 2019 to 2020 and from 2020 to 2021.

Adjusted Debt to Capital

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Reported
Selected Financial Data (US$ in millions)
Total debt 10,572 7,609 7,365 7,354 6,565
Total capital 17,100 16,553 16,806 17,859 20,092
Solvency Ratio
Debt to capital1 0.62 0.46 0.44 0.41 0.33
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total debt2 10,809 7,846 7,603 7,492 6,683
Adjusted total capital3 17,234 16,681 17,281 18,407 20,868
Solvency Ratio
Adjusted debt to capital4 0.63 0.47 0.44 0.41 0.32

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).

1 2021 Calculation
Debt to capital = Total debt ÷ Total capital
= 10,572 ÷ 17,100 = 0.62

2 Adjusted total debt. See details »

3 Adjusted total capital. See details »

4 2021 Calculation
Adjusted debt to capital = Adjusted total debt ÷ Adjusted total capital
= 10,809 ÷ 17,234 = 0.63

Solvency ratio Description The company
Adjusted debt-to-capital ratio A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. NXP Semiconductors N.V. adjusted debt-to-capital ratio deteriorated from 2019 to 2020 and from 2020 to 2021.

Adjusted Financial Leverage

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Reported
Selected Financial Data (US$ in millions)
Total assets 20,864 19,847 20,016 21,530 24,049
Stockholders’ equity 6,528 8,944 9,441 10,505 13,527
Solvency Ratio
Financial leverage1 3.20 2.22 2.12 2.05 1.78
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total assets2 20,425 19,372 19,725 21,378 23,846
Adjusted total equity3 6,425 8,835 9,678 10,915 14,185
Solvency Ratio
Adjusted financial leverage4 3.18 2.19 2.04 1.96 1.68

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).

1 2021 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity
= 20,864 ÷ 6,528 = 3.20

2 Adjusted total assets. See details »

3 Adjusted total equity. See details »

4 2021 Calculation
Adjusted financial leverage = Adjusted total assets ÷ Adjusted total equity
= 20,425 ÷ 6,425 = 3.18

Solvency ratio Description The company
Adjusted financial leverage A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity.
Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.
NXP Semiconductors N.V. adjusted financial leverage ratio increased from 2019 to 2020 and from 2020 to 2021.

Adjusted Net Profit Margin

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Reported
Selected Financial Data (US$ in millions)
Net income attributable to stockholders 1,871 52 243 2,208 2,215
Revenue 11,063 8,612 8,877 9,407 9,256
Profitability Ratio
Net profit margin1 16.91% 0.60% 2.74% 23.47% 23.93%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted net income2 1,780 (185) 15 1,969 1,557
Revenue 11,063 8,612 8,877 9,407 9,256
Profitability Ratio
Adjusted net profit margin3 16.09% -2.15% 0.17% 20.93% 16.82%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).

1 2021 Calculation
Net profit margin = 100 × Net income attributable to stockholders ÷ Revenue
= 100 × 1,871 ÷ 11,063 = 16.91%

2 Adjusted net income. See details »

3 2021 Calculation
Adjusted net profit margin = 100 × Adjusted net income ÷ Revenue
= 100 × 1,780 ÷ 11,063 = 16.09%

Profitability ratio Description The company
Adjusted net profit margin An indicator of profitability, calculated as adjusted net income divided by total revenue. NXP Semiconductors N.V. adjusted net profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Adjusted Return on Equity (ROE)

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Reported
Selected Financial Data (US$ in millions)
Net income attributable to stockholders 1,871 52 243 2,208 2,215
Stockholders’ equity 6,528 8,944 9,441 10,505 13,527
Profitability Ratio
ROE1 28.66% 0.58% 2.57% 21.02% 16.37%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted net income2 1,780 (185) 15 1,969 1,557
Adjusted total equity3 6,425 8,835 9,678 10,915 14,185
Profitability Ratio
Adjusted ROE4 27.70% -2.09% 0.15% 18.04% 10.98%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).

1 2021 Calculation
ROE = 100 × Net income attributable to stockholders ÷ Stockholders’ equity
= 100 × 1,871 ÷ 6,528 = 28.66%

2 Adjusted net income. See details »

3 Adjusted total equity. See details »

4 2021 Calculation
Adjusted ROE = 100 × Adjusted net income ÷ Adjusted total equity
= 100 × 1,780 ÷ 6,425 = 27.70%

Profitability ratio Description The company
Adjusted ROE A profitability ratio calculated as adjusted net income divided by adjusted total equity. NXP Semiconductors N.V. adjusted ROE deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Adjusted Return on Assets (ROA)

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Reported
Selected Financial Data (US$ in millions)
Net income attributable to stockholders 1,871 52 243 2,208 2,215
Total assets 20,864 19,847 20,016 21,530 24,049
Profitability Ratio
ROA1 8.97% 0.26% 1.21% 10.26% 9.21%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted net income2 1,780 (185) 15 1,969 1,557
Adjusted total assets3 20,425 19,372 19,725 21,378 23,846
Profitability Ratio
Adjusted ROA4 8.71% -0.95% 0.08% 9.21% 6.53%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).

1 2021 Calculation
ROA = 100 × Net income attributable to stockholders ÷ Total assets
= 100 × 1,871 ÷ 20,864 = 8.97%

2 Adjusted net income. See details »

3 Adjusted total assets. See details »

4 2021 Calculation
Adjusted ROA = 100 × Adjusted net income ÷ Adjusted total assets
= 100 × 1,780 ÷ 20,425 = 8.71%

Profitability ratio Description The company
Adjusted ROA A profitability ratio calculated as adjusted net income divided by adjusted total assets. NXP Semiconductors N.V. adjusted ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.