Goertek Dividends Paid vs Change To Account Receivables Analysis

002241 Stock   24.84  0.05  0.20%   
Goertek financial indicator trend analysis is much more than just examining Goertek latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goertek is a good investment. Please check the relationship between Goertek Dividends Paid and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Goertek. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Dividends Paid vs Change To Account Receivables

Dividends Paid vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goertek Dividends Paid account and Change To Account Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Goertek's Dividends Paid and Change To Account Receivables is -0.75. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Goertek, assuming nothing else is changed. The correlation between historical values of Goertek's Dividends Paid and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Goertek are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Dividends Paid i.e., Goertek's Dividends Paid and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Change To Account Receivables

Most indicators from Goertek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goertek 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Goertek. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 806.6 M, whereas Tax Provision is projected to grow to (216.8 M).
 2021 2022 2023 2024 (projected)
Operating Income4.7B3.7B1.5B2.0B
Total Revenue78.2B104.9B98.6B103.5B

Goertek fundamental ratios Correlations

0.520.990.990.970.980.970.960.930.690.980.960.911.00.940.880.990.530.91-0.560.820.770.760.920.80.94
0.520.60.490.360.550.640.40.280.00.580.710.250.530.380.360.41-0.350.58-0.340.390.40.420.680.440.56
0.990.60.970.960.960.990.930.910.590.970.980.870.990.90.850.970.450.92-0.560.830.760.780.950.80.95
0.990.490.970.950.990.940.940.910.670.990.930.910.980.960.920.990.530.9-0.640.820.810.790.880.830.91
0.970.360.960.950.930.940.950.970.70.920.910.930.980.910.830.980.660.88-0.490.830.720.730.880.760.93
0.980.550.960.990.930.940.910.870.640.990.940.90.970.970.930.970.440.89-0.680.810.850.830.890.870.91
0.970.640.990.940.940.940.930.890.60.950.990.850.980.860.80.940.410.91-0.50.790.720.720.970.760.95
0.960.40.930.940.950.910.930.940.80.90.90.850.960.860.780.960.680.85-0.380.750.610.590.870.640.9
0.930.280.910.910.970.870.890.940.660.860.850.860.930.840.770.950.740.84-0.440.850.640.690.830.660.89
0.690.00.590.670.70.640.60.80.660.620.550.690.690.690.560.70.710.51-0.070.380.360.260.530.410.57
0.980.580.970.990.920.990.950.90.860.620.950.880.970.950.920.970.40.89-0.650.810.820.830.90.860.91
0.960.710.980.930.910.940.990.90.850.550.950.810.970.850.790.920.330.91-0.510.780.720.730.970.760.94
0.910.250.870.910.930.90.850.850.860.690.880.810.90.930.910.940.590.81-0.640.740.830.730.780.820.85
1.00.530.990.980.980.970.980.960.930.690.970.970.90.920.850.980.530.9-0.510.810.740.740.930.780.94
0.940.380.90.960.910.970.860.860.840.690.950.850.930.920.950.950.490.82-0.710.780.870.840.790.90.84
0.880.360.850.920.830.930.80.780.770.560.920.790.910.850.950.90.40.78-0.820.750.920.850.720.890.78
0.990.410.970.990.980.970.940.960.950.70.970.920.940.980.950.90.610.89-0.590.830.780.770.880.810.92
0.53-0.350.450.530.660.440.410.680.740.710.40.330.590.530.490.40.610.41-0.060.460.220.20.350.220.47
0.910.580.920.90.880.890.910.850.840.510.890.910.810.90.820.780.890.41-0.570.910.80.720.970.810.99
-0.56-0.34-0.56-0.64-0.49-0.68-0.5-0.38-0.44-0.07-0.65-0.51-0.64-0.51-0.71-0.82-0.59-0.06-0.57-0.6-0.88-0.81-0.45-0.8-0.51
0.820.390.830.820.830.810.790.750.850.380.810.780.740.810.780.750.830.460.91-0.60.790.810.840.780.9
0.770.40.760.810.720.850.720.610.640.360.820.720.830.740.870.920.780.220.8-0.880.790.890.710.960.76
0.760.420.780.790.730.830.720.590.690.260.830.730.730.740.840.850.770.20.72-0.810.810.890.670.930.71
0.920.680.950.880.880.890.970.870.830.530.90.970.780.930.790.720.880.350.97-0.450.840.710.670.750.98
0.80.440.80.830.760.870.760.640.660.410.860.760.820.780.90.890.810.220.81-0.80.780.960.930.750.78
0.940.560.950.910.930.910.950.90.890.570.910.940.850.940.840.780.920.470.99-0.510.90.760.710.980.78
Click cells to compare fundamentals

Goertek Account Relationship Matchups

Goertek fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.7B49.1B61.1B77.2B73.7B77.4B
Other Current Liab380.9M1.0B2.6B2.8B4.7M4.5M
Total Current Liabilities17.6B22.7B29.8B42.7B33.4B35.1B
Total Stockholder Equity16.1B19.7B27.3B29.5B30.8B32.4B
Other Liab629.7M862.0M930.3M1.5B1.7B1.8B
Retained Earnings10.3B12.9B16.8B18.0B17.0B17.9B
Accounts Payable9.7B17.3B21.3B30.6B22.1B23.2B
Cash3.6B7.8B10.0B12.7B14.7B15.5B
Other Assets893.5M793.3M1.3B3.0B3.5B3.7B
Long Term Debt343.7M5.8B2.2B2.2B6.6B7.0B
Net Receivables8.2B10.0B12.3B14.4B12.4B13.0B
Inventory5.3B9.2B12.1B17.3B10.8B11.3B
Other Current Assets540.6M818.4M573.3M652.0M1.0B1.1B
Total Liab18.5B29.4B33.1B46.9B42.2B44.3B
Intangible Assets2.7B2.8B3.0B3.1B3.7B3.9B
Property Plant Equipment13.0B16.8B20.6B24.5B28.1B29.5B
Net Tangible Assets13.7B16.9B24.5B26.8B30.8B17.3B
Other Stockholder Equity(84.5M)205.7M(100.1M)122.4M110.1M66.3M
Deferred Long Term Liab440.2M260.2M450.2M698.7M803.6M438.1M
Short Long Term Debt6.2B3.2B4.3B7.1B5.2B5.0B
Total Current Assets17.7B28.1B35.2B45.6B40.0B26.4B
Non Current Assets Total17.0B21.0B25.9B31.6B33.7B23.3B
Non Currrent Assets Other255.6M17.0B506.4M964.1M683.6M649.5M
Non Current Liabilities Total973.3M6.6B3.3B4.2B8.8B9.2B
Non Current Liabilities Other995.7M606.4M343.7M172.3M348.1M672.2M
Net Invested Capital22.6B28.6B33.8B38.8B42.7B32.8B
Net Working Capital146.0M5.4B5.4B2.8B6.6B3.7B
Short Term Investments46.9M250.8M119.3M338.7M587.4M616.8M

Also Currently Popular

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.

Other Information on Investing in Goertek Stock

Balance Sheet is a snapshot of the financial position of Goertek at a specified time, usually calculated after every quarter, six months, or one year. Goertek Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Goertek and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Goertek currently owns. An asset can also be divided into two categories, current and non-current.