GigaCloud Free Cash Flow vs Depreciation Analysis

GCT Stock

USD 25.50 1.38 5.72%

GigaCloud Technology financial indicator trend analysis is much more than just examining GigaCloud Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GigaCloud Technology is a good investment. Please check the relationship between GigaCloud Technology Free Cash Flow and its Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GigaCloud Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GigaCloud Technology Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have almost identical trend.

The correlation between GigaCloud Technology's Free Cash Flow and Depreciation is 0.98. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of GigaCloud Technology Class, assuming nothing else is changed. The correlation between historical values of GigaCloud Technology's Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of GigaCloud Technology Class are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., GigaCloud Technology's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of GigaCloud Technology value has been used up. For tax purposes GigaCloud Technology can deduct the cost of the tangible assets it purchases as business expenses. However, GigaCloud Technology Class must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from GigaCloud Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GigaCloud Technology 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GigaCloud Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

At this time, GigaCloud Technology's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1 B in 2024, whereas Tax Provision is likely to drop slightly above 9.1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	89.6M	83.1M	188.6M	100.9M
Total Revenue	414.2M	490.1M	703.8M	441.3M

Gross Profit Total Revenue

GigaCloud Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment
Total Assets		0.99	0.9	1.0	0.89	0.96	0.99	0.9	0.99	1.0	0.88	0.99	0.88	0.73	0.88	0.98	0.76	-0.89	0.87	0.55	0.83	1.0	0.89	0.99	0.83	0.96
Short Long Term Debt Total	0.99		0.87	0.99	0.84	0.92	1.0	0.95	0.96	0.98	0.82	1.0	0.83	0.66	0.82	0.98	0.78	-0.92	0.82	0.51	0.81	1.0	0.84	0.99	0.8	0.95
Other Current Liab	0.9	0.87		0.89	0.97	0.9	0.88	0.76	0.89	0.88	0.96	0.87	0.95	0.82	0.96	0.85	0.39	-0.62	0.94	0.49	0.94	0.88	0.97	0.89	0.94	0.9
Total Current Liabilities	1.0	0.99	0.89		0.89	0.96	0.99	0.9	0.99	1.0	0.87	0.99	0.89	0.73	0.88	0.99	0.76	-0.9	0.87	0.57	0.82	0.99	0.89	0.99	0.81	0.95
Total Stockholder Equity	0.89	0.84	0.97	0.89		0.94	0.84	0.67	0.92	0.88	0.99	0.84	0.96	0.9	0.99	0.83	0.4	-0.6	0.98	0.52	0.92	0.86	1.0	0.87	0.92	0.89
Net Tangible Assets	0.96	0.92	0.9	0.96	0.94		0.93	0.77	0.97	0.95	0.94	0.92	0.87	0.83	0.94	0.9	0.66	-0.78	0.91	0.49	0.9	0.94	0.94	0.96	0.9	0.98
Property Plant And Equipment Net	0.99	1.0	0.88	0.99	0.84	0.93		0.95	0.96	0.98	0.82	1.0	0.84	0.67	0.83	0.98	0.78	-0.92	0.82	0.51	0.81	1.0	0.84	0.99	0.8	0.95
Net Debt	0.9	0.95	0.76	0.9	0.67	0.77	0.95		0.84	0.9	0.64	0.95	0.7	0.49	0.64	0.93	0.79	-0.93	0.66	0.4	0.67	0.94	0.68	0.92	0.66	0.83
Retained Earnings	0.99	0.96	0.89	0.99	0.92	0.97	0.96	0.84		0.99	0.9	0.96	0.91	0.78	0.9	0.97	0.73	-0.86	0.91	0.6	0.81	0.97	0.92	0.97	0.81	0.94
Accounts Payable	1.0	0.98	0.88	1.0	0.88	0.95	0.98	0.9	0.99		0.86	0.98	0.89	0.72	0.86	0.99	0.77	-0.91	0.88	0.59	0.78	0.99	0.88	0.98	0.78	0.93
Cash	0.88	0.82	0.96	0.87	0.99	0.94	0.82	0.64	0.9	0.86		0.82	0.94	0.87	1.0	0.81	0.39	-0.57	0.95	0.53	0.94	0.84	0.99	0.86	0.94	0.9
Non Current Assets Total	0.99	1.0	0.87	0.99	0.84	0.92	1.0	0.95	0.96	0.98	0.82		0.84	0.66	0.82	0.98	0.78	-0.92	0.82	0.51	0.8	1.0	0.84	0.99	0.8	0.94
Non Currrent Assets Other	0.88	0.83	0.95	0.89	0.96	0.87	0.84	0.7	0.91	0.89	0.94	0.84		0.8	0.94	0.87	0.42	-0.64	0.96	0.69	0.81	0.85	0.97	0.84	0.81	0.81
Other Assets	0.73	0.66	0.82	0.73	0.9	0.83	0.67	0.49	0.78	0.72	0.87	0.66	0.8		0.87	0.63	0.27	-0.43	0.94	0.19	0.84	0.68	0.89	0.71	0.83	0.76
Cash And Short Term Investments	0.88	0.82	0.96	0.88	0.99	0.94	0.83	0.64	0.9	0.86	1.0	0.82	0.94	0.87		0.81	0.39	-0.57	0.95	0.53	0.94	0.84	0.99	0.86	0.94	0.9
Net Receivables	0.98	0.98	0.85	0.99	0.83	0.9	0.98	0.93	0.97	0.99	0.81	0.98	0.87	0.63	0.81		0.79	-0.93	0.82	0.65	0.73	0.99	0.84	0.97	0.73	0.9
Common Stock Shares Outstanding	0.76	0.78	0.39	0.76	0.4	0.66	0.78	0.79	0.73	0.77	0.39	0.78	0.42	0.27	0.39	0.79		-0.95	0.41	0.43	0.35	0.78	0.41	0.75	0.34	0.67
Short Term Investments	-0.89	-0.92	-0.62	-0.9	-0.6	-0.78	-0.92	-0.93	-0.86	-0.91	-0.57	-0.92	-0.64	-0.43	-0.57	-0.93	-0.95		-0.6	-0.52	-0.53	-0.92	-0.6	-0.89	-0.52	-0.79
Inventory	0.87	0.82	0.94	0.87	0.98	0.91	0.82	0.66	0.91	0.88	0.95	0.82	0.96	0.94	0.95	0.82	0.41	-0.6		0.49	0.86	0.84	0.98	0.84	0.85	0.84
Other Current Assets	0.55	0.51	0.49	0.57	0.52	0.49	0.51	0.4	0.6	0.59	0.53	0.51	0.69	0.19	0.53	0.65	0.43	-0.52	0.49		0.25	0.53	0.55	0.48	0.27	0.4
Other Stockholder Equity	0.83	0.81	0.94	0.82	0.92	0.9	0.81	0.67	0.81	0.78	0.94	0.8	0.81	0.84	0.94	0.73	0.35	-0.53	0.86	0.25		0.81	0.91	0.86	1.0	0.93
Total Liab	1.0	1.0	0.88	0.99	0.86	0.94	1.0	0.94	0.97	0.99	0.84	1.0	0.85	0.68	0.84	0.99	0.78	-0.92	0.84	0.53	0.81		0.86	0.99	0.8	0.95
Total Current Assets	0.89	0.84	0.97	0.89	1.0	0.94	0.84	0.68	0.92	0.88	0.99	0.84	0.97	0.89	0.99	0.84	0.41	-0.6	0.98	0.55	0.91	0.86		0.87	0.91	0.89
Short Term Debt	0.99	0.99	0.89	0.99	0.87	0.96	0.99	0.92	0.97	0.98	0.86	0.99	0.84	0.71	0.86	0.97	0.75	-0.89	0.84	0.48	0.86	0.99	0.87		0.85	0.98
Common Stock	0.83	0.8	0.94	0.81	0.92	0.9	0.8	0.66	0.81	0.78	0.94	0.8	0.81	0.83	0.94	0.73	0.34	-0.52	0.85	0.27	1.0	0.8	0.91	0.85		0.93
Property Plant Equipment	0.96	0.95	0.9	0.95	0.89	0.98	0.95	0.83	0.94	0.93	0.9	0.94	0.81	0.76	0.9	0.9	0.67	-0.79	0.84	0.4	0.93	0.95	0.89	0.98	0.93

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GigaCloud Free Cash Flow vs Depreciation Analysis

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow

Depreciation

GigaCloud Technology fundamental ratios Correlations

GigaCloud Technology Account Relationship Matchups

High Positive Relationship

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Total Current Liabilities	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total

Short Term Investments	- 0.95	Common Stock Shares Outstanding
Short Term Investments	- 0.93	Net Receivables
Short Term Investments	- 0.93	Net Debt
Total Liab	- 0.92	Short Term Investments
Short Term Investments	- 0.92	Non Current Assets Total
Short Term Investments	- 0.92	Property Plant And Equipment Net