Giga Accounts Payable vs Total Stockholder Equity Analysis
GIGM Stock | USD 1.32 0.04 2.94% |
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 Accounts Payable and its Total Stockholder Equity 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 tightly coupled 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.
Accounts Payable vs Total Stockholder Equity
Accounts Payable vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Giga Media Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Giga Media's Accounts Payable and Total Stockholder Equity is 0.93. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity 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 Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Giga Media are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Giga Media's Accounts Payable and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Giga Media obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Giga Media are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 tightly coupled 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.At this time, Giga Media's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 23rd of May 2024, Enterprise Value Multiple is likely to grow to 7.79, while Selling General Administrative is likely to drop about 3.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 6.9M | 6.3M | 5.6M | 5.3M | Cost Of Revenue | 2.6M | 2.3M | 1.8M | 1.8M |
Giga Media fundamental ratios Correlations
Click cells to compare fundamentals
Giga Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Giga Media fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 59.2M | 57.0M | 55.5M | 52.1M | 46.1M | 43.8M | |
Other Current Liab | 875K | 387.7K | 783K | 1.3M | 1.7M | 1.6M | |
Total Current Liabilities | 3.6M | 2.9M | 3.2M | 2.6M | 2.8M | 2.7M | |
Total Stockholder Equity | 55.5M | 54.1M | 50.9M | 48.6M | 42.8M | 40.7M | |
Property Plant And Equipment Net | 0.0 | 21.9K | 2.1M | 102.7K | 111K | 105.5K | |
Net Debt | (57.6M) | (45.7M) | (40.0M) | (37.9M) | (38.3M) | (40.2M) | |
Retained Earnings | (231.0M) | (232.3M) | (235.7M) | (238.4M) | (241.8M) | (253.9M) | |
Accounts Payable | 64K | 69.9K | 118K | 52.7K | 44K | 41.8K | |
Cash | 57.7M | 45.7M | 41.5M | 38.8M | 38.8M | 55.6M | |
Non Current Assets Total | 329K | 10.5M | 12.9M | 4.1M | 6.5M | 6.2M | |
Non Currrent Assets Other | 329K | 341.7K | 297K | 1.8M | 1.4M | 1.3M | |
Other Assets | 329K | 472.4K | 2.4M | 1.8M | 1.0 | 0.95 | |
Cash And Short Term Investments | 57.7M | 45.7M | 41.5M | 46.9M | 38.8M | 61.0M | |
Net Receivables | 368K | 278.2K | 265K | 573.1K | 229K | 217.6K | |
Liabilities And Stockholders Equity | 59.2M | 57.0M | 55.5M | 52.1M | 46.1M | 43.8M | |
Non Current Liabilities Total | 94K | 3.1K | 1.5M | 893.2K | 495K | 470.3K | |
Inventory | 643K | 387.7K | 707K | 372.9K | 1.0 | 0.95 | |
Other Current Assets | 139K | 157.0K | 155K | 135.6K | 535K | 508.3K | |
Other Stockholder Equity | (22.2M) | (137.0) | 50.6M | 612.0 | (741K) | (704.0K) | |
Total Liab | 3.7M | 2.9M | 4.7M | 3.5M | 3.3M | 3.1M | |
Total Current Assets | 58.9M | 46.5M | 42.6M | 48.0M | 39.5M | 70.4M | |
Accumulated Other Comprehensive Income | (22.2M) | (22.4M) | (22.2M) | (21.7M) | (23.4M) | (22.2M) | |
Intangible Assets | 15.6K | 4K | 12K | 19K | 37K | 35.2K | |
Common Stock | 308.7M | 308.8M | 308.8M | 308.8M | 355.1M | 247.5M | |
Property Plant Equipment | 111.8K | 21.9K | 87.8K | 102.7K | 92.5K | 87.8K | |
Common Stock Total Equity | 308.7M | 308.8M | 308.8M | 308.8M | 355.1M | 268.4M | |
Property Plant And Equipment Gross | 0.0 | 22K | 2.1M | 1.4M | 2.4M | 4.7M | |
Short Term Debt | 1.3M | 1.5M | 1.4M | 440K | 475K | 451.3K | |
Current Deferred Revenue | 1.4M | 949.9K | 880K | 817.4K | 573K | 544.4K | |
Net Tangible Assets | 55.5M | 54.1M | 50.6M | 48.6M | 43.7M | 49.6M | |
Net Invested Capital | 55.5M | 54.1M | 50.9M | 48.6M | 43.5M | 42.5M |
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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 tightly coupled 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.Note that the Giga Media information on this page should be used as a complementary analysis to other Giga Media's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running Giga Media's price analysis, check to measure Giga Media'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 Giga Media is operating at the current time. Most of Giga Media's value examination focuses on studying past and present price action to predict the probability of Giga Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Giga Media's price. Additionally, you may evaluate how the addition of Giga Media to your portfolios can decrease your overall portfolio volatility.
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Is Giga Media's industry 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 0.334 | Quarterly Revenue Growth (0.45) | 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.