GigaDevice Non Currrent Assets Other vs Long Term Debt Analysis

603986 Stock   85.78  0.54  0.63%   
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 Non Currrent Assets Other and its Long Term Debt 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.

Non Currrent Assets Other vs Long Term Debt

Non Currrent Assets Other vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GigaDevice SemiconductorBei Non Currrent Assets Other account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between GigaDevice SemiconductorBei's Non Currrent Assets Other and Long Term Debt is -0.62. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Long Term Debt 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 Non Currrent Assets Other and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of GigaDevice SemiconductorBeiji are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Currrent Assets Other i.e., GigaDevice SemiconductorBei's Non Currrent Assets Other and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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.
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 30, 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)
 2021 2022 2023 2024 (projected)
Operating Income2.5B2.3B404.4M694.2M
Total Revenue8.5B8.1B5.8B3.4B

GigaDevice SemiconductorBei fundamental ratios Correlations

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GigaDevice SemiconductorBei Account Relationship Matchups

GigaDevice SemiconductorBei fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B11.7B15.4B16.6B16.5B17.3B
Other Current Liab145.1M129.7M696.9M399.4M4.3M4.0M
Total Current Liabilities678.1M776.3M1.6B1.2B986.2M634.0M
Total Stockholder Equity5.2B10.7B13.5B15.2B15.2B16.0B
Retained Earnings1.7B2.8B4.8B5.8B5.6B5.9B
Accounts Payable395.0M420.2M617.2M479.3M501.8M320.3M
Cash2.0B7.4B6.6B6.9B7.3B7.6B
Other Assets313.0M231.7M646.5M1.5B1.7B1.8B
Net Receivables201.9M172.2M281.8M142.1M114.1M146.8M
Inventory629.2M739.2M1.4B2.2B2.0B2.1B
Other Current Assets10.5M9.4M35.7M245.3M376.6M395.4M
Total Liab947.5M1.0B1.9B1.5B1.3B822.3M
Intangible Assets253.4M337.9M385.3M411.7M404.3M424.5M
Common Stock284.6M321.1M471.6M667.5M767.6M806.0M
Property Plant Equipment558.2M711.1M947.9M1.1B1.3B1.4B
Other Liab123.3M187.0M240.5M225.7M259.5M272.5M
Net Tangible Assets3.6B9.2B12.2B14.1B16.2B17.0B
Non Current Assets Total3.3B3.0B4.4B5.2B4.9B3.2B
Non Currrent Assets Other94.2M6.9M245.3M972.8M572.9M601.5M
Non Current Liabilities Total269.4M240.5M333.6M262.9M270.0M282.0M
Other Stockholder Equity87.3M(27.3M)302.5M343.7M395.3M415.0M
Deferred Long Term Liab58.9M47.3M99.3M229.6M264.1M277.3M
Total Current Assets2.9B8.7B11.0B11.4B11.6B6.9B
Common Stock Shares Outstanding629.3M660.3M667.4M667.0M666.9M692.2M
Net Invested Capital5.3B10.7B13.5B15.2B15.2B10.1B
Net Working Capital2.2B8.0B9.4B10.2B10.6B6.7B
Capital Stock321.1M471.6M667.5M667.0M666.9M564.4M

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.