GCT Common Stock Shares Outstanding vs Total Current Liabilities Analysis
| GCTS Stock | 2.38 0.12 5.31% |
GCT Semiconductor financial indicator trend analysis is much more than just examining GCT Semiconductor Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GCT Semiconductor Holding is a good investment. Please check the relationship between GCT Semiconductor Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GCT Semiconductor Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Common Stock Shares Outstanding vs Total Current Liabilities
Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GCT Semiconductor Holding Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GCT Semiconductor's Common Stock Shares Outstanding and Total Current Liabilities is 0.9. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of GCT Semiconductor Holding, assuming nothing else is changed. The correlation between historical values of GCT Semiconductor's Common Stock Shares Outstanding and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of GCT Semiconductor Holding are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., GCT Semiconductor's Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Current Liabilities
Total Current Liabilities is an item on GCT Semiconductor balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of GCT Semiconductor Holding are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from GCT Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GCT Semiconductor Holding 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 GCT Semiconductor Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, GCT Semiconductor's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 4,481 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.29 in 2024.
| 2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.5M | 968.4K | 1.0M | Interest Income | 4K | 4.6K | 2.8K |
GCT Semiconductor fundamental ratios Correlations
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GCT Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running GCT Semiconductor's price analysis, check to measure GCT Semiconductor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GCT Semiconductor is operating at the current time. Most of GCT Semiconductor's value examination focuses on studying past and present price action to predict the probability of GCT Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GCT Semiconductor's price. Additionally, you may evaluate how the addition of GCT Semiconductor to your portfolios can decrease your overall portfolio volatility.