Giga Property Plant Equipment vs Net Debt Analysis

GIGM Stock  USD 1.49  0.01  0.67%   
Giga Media financial indicator trend analysis is much more than just examining Giga Media latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Giga Media is a good investment. Please check the relationship between Giga Media Property Plant Equipment and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.

Property Plant Equipment vs Net Debt

Property Plant Equipment vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Giga Media Property Plant Equipment account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Giga Media's Property Plant Equipment and Net Debt is 0.55. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Debt in the same time period over historical financial statements of Giga Media, assuming nothing else is changed. The correlation between historical values of Giga Media's Property Plant Equipment and Net 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 Property Plant Equipment of Giga Media are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant Equipment i.e., Giga Media's Property Plant Equipment and Net Debt go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Giga Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Giga Media 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 Giga Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.As of the 22nd of November 2024, Selling General Administrative is likely to drop to about 3.1 M. In addition to that, Discontinued Operations is likely to drop to about (300.5 K)
 2021 2022 2024 (projected)
Interest Expense252K37.9K41.4K
Depreciation And Amortization20K33K52.3K

Giga Media fundamental ratios Correlations

0.70.560.99-0.260.910.390.860.94-0.30.820.790.520.950.68-0.630.910.290.70.840.860.550.950.95-0.740.93
0.70.90.61-0.190.390.020.590.680.190.920.510.850.470.96-0.470.370.690.810.510.690.90.510.66-0.20.42
0.560.90.43-0.320.21-0.110.610.550.40.760.260.820.350.85-0.460.210.730.670.280.471.00.380.45-0.150.24
0.990.610.43-0.240.940.430.830.93-0.40.760.820.430.970.6-0.610.950.190.650.860.850.420.970.96-0.780.97
-0.26-0.19-0.32-0.24-0.070.07-0.15-0.27-0.11-0.3-0.04-0.34-0.19-0.220.41-0.150.29-0.27-0.03-0.14-0.28-0.19-0.210.0-0.13
0.910.390.210.94-0.070.610.770.86-0.590.590.730.190.960.37-0.440.990.10.470.860.80.20.950.87-0.870.99
0.390.02-0.110.430.070.610.240.38-0.890.250.37-0.030.45-0.090.070.61-0.040.030.540.45-0.110.440.42-0.50.55
0.860.590.610.83-0.150.770.240.79-0.10.620.530.410.850.53-0.590.770.410.470.660.620.610.840.74-0.820.8
0.940.680.550.93-0.270.860.380.79-0.290.740.640.430.910.7-0.570.870.310.740.70.880.550.920.83-0.70.89
-0.30.190.4-0.4-0.11-0.59-0.89-0.1-0.29-0.09-0.410.22-0.390.24-0.06-0.590.280.04-0.52-0.380.4-0.37-0.370.4-0.54
0.820.920.760.76-0.30.590.250.620.74-0.090.690.840.610.86-0.510.560.480.780.750.790.750.640.85-0.330.6
0.790.510.260.82-0.040.730.370.530.64-0.410.690.460.740.52-0.50.750.140.550.790.70.250.740.89-0.50.76
0.520.850.820.43-0.340.19-0.030.410.430.220.840.460.270.76-0.580.190.480.560.450.390.810.290.560.010.21
0.950.470.350.97-0.190.960.450.850.91-0.390.610.740.270.47-0.570.970.130.520.780.770.341.00.88-0.890.98
0.680.960.850.6-0.220.37-0.090.530.70.240.860.520.760.47-0.450.350.670.920.450.740.850.50.64-0.150.4
-0.63-0.47-0.46-0.610.41-0.440.07-0.59-0.57-0.06-0.51-0.5-0.58-0.57-0.45-0.49-0.1-0.39-0.48-0.34-0.44-0.56-0.550.42-0.5
0.910.370.210.95-0.150.990.610.770.87-0.590.560.750.190.970.35-0.490.050.450.810.770.20.970.86-0.880.99
0.290.690.730.190.290.1-0.040.410.310.280.480.140.480.130.67-0.10.050.580.240.440.770.160.2-0.080.09
0.70.810.670.65-0.270.470.030.470.740.040.780.550.560.520.92-0.390.450.580.520.870.680.560.65-0.20.49
0.840.510.280.86-0.030.860.540.660.7-0.520.750.790.450.780.45-0.480.810.240.520.780.290.780.91-0.640.83
0.860.690.470.85-0.140.80.450.620.88-0.380.790.70.390.770.74-0.340.770.440.870.780.480.80.83-0.540.8
0.550.91.00.42-0.280.2-0.110.610.550.40.750.250.810.340.85-0.440.20.770.680.290.480.370.44-0.150.24
0.950.510.380.97-0.190.950.440.840.92-0.370.640.740.291.00.5-0.560.970.160.560.780.80.370.89-0.880.98
0.950.660.450.96-0.210.870.420.740.83-0.370.850.890.560.880.64-0.550.860.20.650.910.830.440.89-0.650.89
-0.74-0.2-0.15-0.780.0-0.87-0.5-0.82-0.70.4-0.33-0.50.01-0.89-0.150.42-0.88-0.08-0.2-0.64-0.54-0.15-0.88-0.65-0.88
0.930.420.240.97-0.130.990.550.80.89-0.540.60.760.210.980.4-0.50.990.090.490.830.80.240.980.89-0.88
Click cells to compare fundamentals

Giga Media Account Relationship Matchups

Giga Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets59.2M57.0M55.5M52.1M46.5M44.2M
Other Current Liab875K1.9M2.2M1.8M1.8M1.8M
Total Current Liabilities3.6M2.9M3.2M2.6M2.5M2.3M
Total Stockholder Equity55.5M54.1M50.9M48.6M43.5M41.4M
Property Plant And Equipment Net0.021.9K2.1M102.7K1.1M1.0M
Net Debt(57.6M)(45.7M)(40.0M)(37.9M)(38.0M)(39.9M)
Retained Earnings(231.0M)(232.3M)(235.7M)(238.4M)(241.8M)(253.9M)
Accounts Payable64K70K118K53K44K41.8K
Cash57.7M45.7M41.5M38.8M38.8M55.6M
Non Current Assets Total329K10.5M12.9M4.1M7.3M6.9M
Non Currrent Assets Other329K341.7K297K1.8M421.0K399.9K
Other Assets329K472.4K2.4M1.8M1.00.95
Cash And Short Term Investments57.7M45.7M41.5M46.9M38.8M61.0M
Net Receivables368K278K265K573K229K217.6K
Liabilities And Stockholders Equity59.2M57.0M55.5M52.1M46.5M44.2M
Non Current Liabilities Total94K3.1K1.5M893.2K495K470.3K
Inventory643K387.7K707K372.9K1.00.95
Other Current Assets121K139K245K862K195K185.3K
Other Stockholder Equity(22.2M)(137.0)50.6M612.0(741K)(704.0K)
Total Liab3.7M2.9M4.7M3.5M3.0M2.8M
Total Current Assets58.9M46.5M42.6M48.0M39.2M70.4M
Accumulated Other Comprehensive Income(22.2M)(22.4M)(22.2M)(21.7M)(23.4M)(22.2M)
Intangible Assets15.6K4K12K19K37K35.2K
Common Stock308.7M308.8M308.8M308.8M355.1M247.5M
Property Plant Equipment111.8K21.9K87.8K102.7K92.5K87.8K
Common Stock Total Equity308.7M308.8M308.8M308.8M355.1M268.4M
Property Plant And Equipment Gross0.022K2.1M1.4M2.4M4.7M
Short Term Debt1.3M1.5M1.4M440K475K451.3K
Current Deferred Revenue1.4M949.9K880K817.4K573K544.4K
Net Tangible Assets55.5M54.1M50.6M48.6M43.7M49.6M
Net Invested Capital55.5M54.1M50.9M48.6M43.5M42.5M

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When determining whether Giga Media is a strong investment it is important to analyze Giga Media's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Giga Media's future performance. For an informed investment choice regarding Giga Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Giga Media. If investors know Giga will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Giga Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.36)
Revenue Per Share
0.279
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.05)
Return On Equity
(0.09)
The market value of Giga Media is measured differently than its book value, which is the value of Giga that is recorded on the company's balance sheet. Investors also form their own opinion of Giga Media's value that differs from its market value or its book value, called intrinsic value, which is Giga Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Giga Media's market value can be influenced by many factors that don't directly affect Giga Media's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Giga Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Giga Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Giga Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.