GigaDevice Retained Earnings vs Other Liab Analysis

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 Retained Earnings and its Other Liab 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.

Retained Earnings vs Other Liab

Retained Earnings vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GigaDevice SemiconductorBei Retained Earnings account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GigaDevice SemiconductorBei's Retained Earnings and Other Liab is 0.92. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Liab 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 Retained Earnings and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of GigaDevice SemiconductorBeiji are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Retained Earnings i.e., GigaDevice SemiconductorBei's Retained Earnings and Other Liab go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Liab

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

GigaDevice SemiconductorBei fundamental ratios Correlations

0.480.851.00.990.860.980.90.550.950.740.830.980.990.980.950.580.980.940.820.730.840.970.95-0.860.97
0.480.820.450.470.710.420.20.730.42-0.080.810.470.450.390.430.540.360.570.320.610.310.450.55-0.460.43
0.850.820.830.840.970.80.630.790.80.380.990.840.840.80.830.690.760.910.630.840.640.810.87-0.790.8
1.00.450.830.990.850.980.910.520.950.760.810.980.980.980.940.560.990.940.830.710.850.970.95-0.860.98
0.990.470.840.990.840.950.940.510.980.80.820.960.990.980.920.530.990.930.880.720.880.990.93-0.80.94
0.860.710.970.850.840.830.650.820.80.40.970.870.860.830.890.710.780.920.60.820.640.80.87-0.860.84
0.980.420.80.980.950.830.840.520.890.690.780.970.950.940.940.570.960.90.740.680.760.930.95-0.850.97
0.90.20.630.910.940.650.840.280.960.950.610.860.910.930.810.320.940.820.930.580.920.940.8-0.670.84
0.550.730.790.520.510.820.520.280.470.020.810.570.560.50.670.650.430.60.240.730.350.480.5-0.560.55
0.950.420.80.950.980.80.890.960.470.840.790.910.960.970.880.470.960.90.920.720.890.980.87-0.730.89
0.74-0.080.380.760.80.40.690.950.020.840.360.690.770.810.640.110.840.620.840.370.840.820.63-0.480.69
0.830.810.990.810.820.970.780.610.810.790.360.830.840.80.840.730.740.90.610.890.60.80.84-0.770.78
0.980.470.840.980.960.870.970.860.570.910.690.830.970.970.960.650.950.960.770.740.790.930.93-0.920.99
0.990.450.840.980.990.860.950.910.560.960.770.840.970.990.950.60.980.930.810.790.830.980.91-0.80.95
0.980.390.80.980.980.830.940.930.50.970.810.80.970.990.950.610.970.930.830.770.820.980.89-0.80.95
0.950.430.830.940.920.890.940.810.670.880.640.840.960.950.950.730.90.920.690.810.70.890.86-0.850.95
0.580.540.690.560.530.710.570.320.650.470.110.730.650.60.610.730.460.660.270.820.140.490.52-0.60.63
0.980.360.760.990.990.780.960.940.430.960.840.740.950.980.970.90.460.890.850.650.880.980.92-0.80.95
0.940.570.910.940.930.920.90.820.60.90.620.90.960.930.930.920.660.890.80.780.780.90.93-0.930.93
0.820.320.630.830.880.60.740.930.240.920.840.610.770.810.830.690.270.850.80.510.860.850.77-0.620.74
0.730.610.840.710.720.820.680.580.730.720.370.890.740.790.770.810.820.650.780.510.470.720.64-0.590.7
0.840.310.640.850.880.640.760.920.350.890.840.60.790.830.820.70.140.880.780.860.470.890.77-0.680.79
0.970.450.810.970.990.80.930.940.480.980.820.80.930.980.980.890.490.980.90.850.720.890.91-0.750.92
0.950.550.870.950.930.870.950.80.50.870.630.840.930.910.890.860.520.920.930.770.640.770.91-0.880.91
-0.86-0.46-0.79-0.86-0.8-0.86-0.85-0.67-0.56-0.73-0.48-0.77-0.92-0.8-0.8-0.85-0.6-0.8-0.93-0.62-0.59-0.68-0.75-0.88-0.91
0.970.430.80.980.940.840.970.840.550.890.690.780.990.950.950.950.630.950.930.740.70.790.920.91-0.91
Click cells to compare fundamentals

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.