Goodwill and Intangible Asset Disclosure
Based on: 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02).
Item | Description | The company |
---|---|---|
Goodwill | Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. | |
Intangible assets | Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. | Analog Devices Inc. intangible assets decreased from 2022 to 2023 and from 2023 to 2024. |
Goodwill and intangible assets | Sum of the carrying amounts of all intangible assets, including goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. | Analog Devices Inc. goodwill and intangible assets decreased from 2022 to 2023 and from 2023 to 2024. |
Adjustments to Financial Statements: Removal of Goodwill
Based on: 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02).
Analog Devices Inc., Financial Data: Reported vs. Adjusted
Adjusted Financial Ratios: Removal of Goodwill (Summary)
Based on: 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02).
Financial ratio | Description | The company |
---|---|---|
Adjusted total asset turnover | An activity ratio calculated as total revenue divided by adjusted total assets. | Analog Devices Inc. adjusted total asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
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. |
Analog Devices Inc. adjusted financial leverage ratio increased from 2022 to 2023 and from 2023 to 2024. |
Adjusted ROE | A profitability ratio calculated as net income divided by adjusted shareholders’ equity. | Analog Devices Inc. adjusted ROE improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Adjusted ROA | A profitability ratio calculated as net income divided by adjusted total assets. | Analog Devices Inc. adjusted ROA improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Analog Devices Inc., Financial Ratios: Reported vs. Adjusted
Adjusted Total Asset Turnover
Based on: 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02).
2024 Calculations
1 Total asset turnover = Revenue ÷ Total assets
= 9,427,157 ÷ 48,228,277 = 0.20
2 Adjusted total asset turnover = Revenue ÷ Adjusted total assets
= 9,427,157 ÷ 21,318,502 = 0.44
Activity ratio | Description | The company |
---|---|---|
Adjusted total asset turnover | An activity ratio calculated as total revenue divided by adjusted total assets. | Analog Devices Inc. adjusted total asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Adjusted Financial Leverage
Based on: 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02).
2024 Calculations
1 Financial leverage = Total assets ÷ Shareholders’ equity
= 48,228,277 ÷ 35,176,317 = 1.37
2 Adjusted financial leverage = Adjusted total assets ÷ Adjusted shareholders’ equity
= 21,318,502 ÷ 8,266,542 = 2.58
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. |
Analog Devices Inc. adjusted financial leverage ratio increased from 2022 to 2023 and from 2023 to 2024. |
Adjusted Return on Equity (ROE)
Based on: 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02).
2024 Calculations
1 ROE = 100 × Net income ÷ Shareholders’ equity
= 100 × 1,635,273 ÷ 35,176,317 = 4.65%
2 Adjusted ROE = 100 × Net income ÷ Adjusted shareholders’ equity
= 100 × 1,635,273 ÷ 8,266,542 = 19.78%
Profitability ratio | Description | The company |
---|---|---|
Adjusted ROE | A profitability ratio calculated as net income divided by adjusted shareholders’ equity. | Analog Devices Inc. adjusted ROE improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Adjusted Return on Assets (ROA)
Based on: 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02).
2024 Calculations
1 ROA = 100 × Net income ÷ Total assets
= 100 × 1,635,273 ÷ 48,228,277 = 3.39%
2 Adjusted ROA = 100 × Net income ÷ Adjusted total assets
= 100 × 1,635,273 ÷ 21,318,502 = 7.67%
Profitability ratio | Description | The company |
---|---|---|
Adjusted ROA | A profitability ratio calculated as net income divided by adjusted total assets. | Analog Devices Inc. adjusted ROA improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |