GSI Property Plant And Equipment Net vs Retained Earnings Analysis

GSIT Stock  USD 3.05  0.05  1.61%   
GSI Technology financial indicator trend analysis is much more than just examining GSI Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GSI Technology is a good investment. Please check the relationship between GSI Technology Property Plant And Equipment Net and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GSI Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy GSI Stock please use our How to Invest in GSI Technology guide.

Property Plant And Equipment Net vs Retained Earnings

Property Plant And Equipment Net vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GSI Technology Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between GSI Technology's Property Plant And Equipment Net and Retained Earnings is 0.86. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of GSI Technology, assuming nothing else is changed. The correlation between historical values of GSI Technology's Property Plant And Equipment Net and Retained Earnings 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 And Equipment Net of GSI Technology are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Net i.e., GSI Technology's Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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.
Most indicators from GSI Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GSI 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 GSI Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy GSI Stock please use our How to Invest in GSI Technology guide.At this time, GSI Technology's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 117.6 K in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (3.56).
 2021 2022 2023 2024 (projected)
Gross Profit18.5M17.7M11.8M11.2M
Total Revenue33.4M29.7M21.8M39.8M

GSI Technology fundamental ratios Correlations

0.330.881.00.940.44-0.760.910.840.750.970.040.930.830.520.58-0.180.520.20.290.61-0.40.990.51-0.020.93
0.330.440.330.33-0.41-0.680.26-0.090.680.280.310.490.00.430.47-0.2-0.3-0.20.170.23-0.070.360.430.310.14
0.880.440.880.820.48-0.590.750.80.580.89-0.120.770.80.60.71-0.420.580.310.310.56-0.190.850.60.090.8
1.00.330.880.930.43-0.760.890.840.750.970.030.930.830.550.62-0.230.520.240.330.57-0.350.990.55-0.040.92
0.940.330.820.930.3-0.740.860.820.730.920.040.870.750.450.53-0.130.520.070.290.58-0.340.920.440.060.83
0.44-0.410.480.430.30.150.510.64-0.170.53-0.480.20.720.010.06-0.050.730.42-0.180.42-0.250.390.01-0.170.58
-0.76-0.68-0.59-0.76-0.740.15-0.71-0.38-1.0-0.64-0.49-0.92-0.38-0.41-0.460.040.070.26-0.25-0.460.43-0.81-0.41-0.1-0.62
0.910.260.750.890.860.51-0.710.720.690.870.040.880.810.160.250.140.45-0.02-0.10.76-0.630.920.16-0.060.91
0.84-0.090.80.840.820.64-0.380.720.360.85-0.270.670.840.440.5-0.30.740.390.350.43-0.220.810.44-0.090.87
0.750.680.580.750.73-0.17-1.00.690.360.630.50.910.360.430.46-0.04-0.09-0.260.260.44-0.420.80.420.110.61
0.970.280.890.970.920.53-0.640.870.850.63-0.080.830.850.550.62-0.20.640.30.30.61-0.30.930.540.030.87
0.040.31-0.120.030.04-0.48-0.490.04-0.270.5-0.080.24-0.270.01-0.020.25-0.42-0.330.030.09-0.230.10.01-0.1-0.1
0.930.490.770.930.870.2-0.920.880.670.910.830.240.650.450.51-0.090.19-0.060.240.58-0.470.960.450.010.88
0.830.00.80.830.750.72-0.380.810.840.360.85-0.270.650.280.41-0.180.780.430.060.6-0.340.810.28-0.120.84
0.520.430.60.550.450.01-0.410.160.440.430.550.010.450.280.96-0.760.20.510.86-0.150.410.491.00.020.34
0.580.470.710.620.530.06-0.460.250.50.460.62-0.020.510.410.96-0.770.310.530.77-0.020.370.550.960.030.4
-0.18-0.2-0.42-0.23-0.13-0.050.040.14-0.3-0.04-0.20.25-0.09-0.18-0.76-0.77-0.25-0.57-0.70.5-0.65-0.16-0.760.24-0.09
0.52-0.30.580.520.520.730.070.450.74-0.090.64-0.420.190.780.20.31-0.250.630.120.35-0.010.440.2-0.150.47
0.2-0.20.310.240.070.420.26-0.020.39-0.260.3-0.33-0.060.430.510.53-0.570.630.4-0.140.390.150.51-0.290.16
0.290.170.310.330.29-0.18-0.25-0.10.350.260.30.030.240.060.860.77-0.70.120.4-0.410.470.270.860.10.12
0.610.230.560.570.580.42-0.460.760.430.440.610.090.580.6-0.15-0.020.50.35-0.14-0.41-0.720.59-0.160.30.62
-0.4-0.07-0.19-0.35-0.34-0.250.43-0.63-0.22-0.42-0.3-0.23-0.47-0.340.410.37-0.65-0.010.390.47-0.72-0.430.42-0.26-0.47
0.990.360.850.990.920.39-0.810.920.810.80.930.10.960.810.490.55-0.160.440.150.270.59-0.430.49-0.040.94
0.510.430.60.550.440.01-0.410.160.440.420.540.010.450.281.00.96-0.760.20.510.86-0.160.420.490.020.34
-0.020.310.09-0.040.06-0.17-0.1-0.06-0.090.110.03-0.10.01-0.120.020.030.24-0.15-0.290.10.3-0.26-0.040.02-0.1
0.930.140.80.920.830.58-0.620.910.870.610.87-0.10.880.840.340.4-0.090.470.160.120.62-0.470.940.34-0.1
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GSI Technology Account Relationship Matchups

GSI Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets102.6M87.6M76.4M59.9M42.5M40.3M
Other Current Liab6.6M5.3M6.7M4.8M4.1M4.6M
Total Current Liabilities8.3M7.5M8.9M7.2M5.4M7.6M
Total Stockholder Equity89.6M75.6M63.1M51.4M36.0M34.2M
Property Plant And Equipment Net8.1M7.3M7.4M7.4M2.7M2.6M
Net Debt(50.9M)(43.5M)(36.1M)(27.0M)(12.9M)(13.6M)
Retained Earnings49.4M27.9M11.5M(4.5M)(24.6M)(23.3M)
Accounts Payable1.2M1.6M1.5M1.6M668K634.6K
Cash51.5M44.2M37.0M27.2M14.4M13.7M
Non Current Assets Total23.4M24.2M21.7M18.0M12.4M11.7M
Non Currrent Assets Other11.2M11.0M1.0M810K122K115.9K
Cash And Short Term Investments66.6M54.0M44.0M30.6M14.4M13.7M
Net Receivables6.3M3.7M4.5M3.5M3.3M5.5M
Common Stock Shares Outstanding23.0M23.7M24.3M24.6M25.1M25.6M
Liabilities And Stockholders Equity102.6M87.6M76.4M59.9M42.5M40.3M
Non Current Liabilities Total4.7M4.6M4.4M1.3M1.1M1.1M
Inventory4.3M4.3M4.7M6.4M5.0M8.5M
Other Current Assets1.9M875K294K489K7.4M7.7M
Other Stockholder Equity40.2M47.7M53.1M56.0M60.6M33.1M
Total Liab12.9M12.0M13.3M8.5M6.5M11.0M
Property Plant And Equipment Gross8.7M8.0M7.4M33.0M25.6M26.8M
Total Current Assets79.1M63.4M54.7M41.9M30.1M28.6M
Accumulated Other Comprehensive Income71K(20K)(154K)(127K)(87K)(91.4K)
Other Assets128K135K11.0M126K144.9K137.7K
Short Term Investments19.3M15.1M9.7M7.0M3.4M0.0
Property Plant Equipment8.1M7.3M7.4M7.4M8.5M8.8M
Other Liab4.5M4.2M4.4M1.1M1.2M1.2M
Intangible Assets2.5M2.3M2.0M1.8M1.6M2.0M
Net Tangible Assets79.2M65.4M63.1M41.6M37.4M69.7M
Retained Earnings Total Equity49.4M27.9M11.5M(4.5M)(4.0M)(3.8M)
Capital Surpluse40.2M47.7M53.1M56.0M64.3M45.7M
Long Term Investments7.9M9.0M4.1M5.8M3.3M0.0
Non Current Liabilities Other4.7M4.6M4.4M1.3M160K152K
Net Invested Capital89.6M75.6M64.5M51.4M36.0M56.8M

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