603986 Stock | | | 83.22 0.69 0.82% |
GigaDevice SemiconductorBei financial indicator trend analysis is much more than just examining GigaDevice SemiconductorBei latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GigaDevice SemiconductorBei is a good investment. Please check the relationship between GigaDevice SemiconductorBei Long Term Debt and its Other Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in GigaDevice SemiconductorBeiji. 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.
Long Term Debt vs Other Stockholder Equity
Long Term Debt vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GigaDevice SemiconductorBei Long Term Debt account and
Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between GigaDevice SemiconductorBei's Long Term Debt and Other Stockholder Equity is -0.68. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of GigaDevice SemiconductorBeiji, assuming nothing else is changed. The correlation between historical values of GigaDevice SemiconductorBei's Long Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of GigaDevice SemiconductorBeiji are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Long Term Debt i.e., GigaDevice SemiconductorBei's Long Term Debt and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that GigaDevice SemiconductorBei has held for over one year. Long-term debt appears on GigaDevice SemiconductorBeiji balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on GigaDevice SemiconductorBeiji balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Other Stockholder Equity
Most indicators from GigaDevice SemiconductorBei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GigaDevice SemiconductorBei 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 GigaDevice SemiconductorBeiji. 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.
As of November 27, 2024,
Selling General Administrative is expected to decline to about 180.4
M. The current year's
Tax Provision is expected to grow to about (34.6
M)
GigaDevice SemiconductorBei fundamental ratios Correlations
Click cells to compare fundamentals
GigaDevice SemiconductorBei Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GigaDevice SemiconductorBei fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in GigaDevice Stock
Balance Sheet is a snapshot of the
financial position of GigaDevice SemiconductorBei at a specified time, usually calculated after every quarter, six months, or one year. GigaDevice SemiconductorBei Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GigaDevice SemiconductorBei 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 GigaDevice currently owns. An asset can also be divided into two categories, current and non-current.