G-bits Deferred Long Term Liab vs Cash Analysis

603444 Stock   207.23  0.74  0.36%   
G-bits Network financial indicator trend analysis is much more than just examining G bits Network latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether G bits Network is a good investment. Please check the relationship between G-bits Network Deferred Long Term Liab and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in G bits Network 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 nation.

Deferred Long Term Liab vs Cash

Deferred Long Term Liab vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G bits Network Deferred Long Term Liab account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between G-bits Network's Deferred Long Term Liab and Cash is 0.4. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Cash in the same time period over historical financial statements of G bits Network Technology, assuming nothing else is changed. The correlation between historical values of G-bits Network's Deferred Long Term Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of G bits Network Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Deferred Long Term Liab i.e., G-bits Network's Deferred Long Term Liab and Cash go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Cash

Cash refers to the most liquid asset of G bits Network, which is listed under current asset account on G bits Network Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from G-bits Network customers. The amounts must be unrestricted with restricted cash listed in a different G-bits Network account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from G-bits Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into G bits Network 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in G bits Network 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 nation.
The current year's Selling General Administrative is expected to grow to about 1.1 B. The current year's Tax Provision is expected to grow to about 239.5 M
 2021 2022 2023 2024 (projected)
Operating Income1.8B2.2B1.6B980.5M
Total Revenue4.6B5.2B4.2B4.4B

G-bits Network fundamental ratios Correlations

0.490.971.00.820.990.890.760.020.880.680.980.510.60.890.730.990.370.630.880.910.980.910.950.20.85
0.490.490.510.130.540.40.310.240.560.70.52-0.440.180.380.120.4-0.350.470.330.460.490.460.320.190.71
0.970.490.950.810.950.910.71-0.050.840.581.00.510.530.80.830.950.290.490.820.820.950.820.930.130.81
1.00.510.950.790.990.860.770.070.90.710.950.490.610.90.680.990.370.680.890.920.980.920.930.240.86
0.820.130.810.790.810.790.62-0.40.550.450.810.740.490.820.870.850.640.460.860.660.830.660.92-0.090.72
0.990.540.950.990.810.860.76-0.020.870.720.960.460.550.890.690.980.360.680.890.910.970.910.940.210.88
0.890.40.910.860.790.860.5-0.050.70.430.90.480.510.710.780.870.330.40.650.630.890.630.82-0.130.68
0.760.310.710.770.620.760.50.140.830.520.710.540.530.70.550.780.420.610.860.810.780.810.750.720.67
0.020.24-0.050.07-0.4-0.02-0.050.140.40.09-0.05-0.190.220.01-0.350.0-0.220.15-0.130.130.090.13-0.250.46-0.05
0.880.560.840.90.550.870.70.830.40.70.840.380.570.810.50.860.20.690.80.850.890.850.760.520.74
0.680.70.580.710.450.720.430.520.090.70.610.00.350.810.170.63-0.050.920.730.740.650.740.620.260.84
0.980.521.00.950.810.960.90.71-0.050.840.610.480.530.820.820.950.270.520.830.840.960.840.940.130.84
0.51-0.440.510.490.740.460.480.54-0.190.380.00.480.350.550.690.590.740.180.610.430.540.430.640.060.22
0.60.180.530.610.490.550.510.530.220.570.350.530.350.590.380.630.450.420.560.580.620.580.550.20.45
0.890.380.80.90.820.890.710.70.010.810.810.820.550.590.570.90.440.820.940.860.90.860.890.170.85
0.730.120.830.680.870.690.780.55-0.350.50.170.820.690.380.570.740.460.090.650.510.740.510.82-0.10.57
0.990.40.950.990.850.980.870.780.00.860.630.950.590.630.90.740.470.630.90.910.980.910.960.20.82
0.37-0.350.290.370.640.360.330.42-0.220.2-0.050.270.740.450.440.460.470.130.50.320.410.320.470.00.18
0.630.470.490.680.460.680.40.610.150.690.920.520.180.420.820.090.630.130.760.710.640.710.60.390.71
0.880.330.820.890.860.890.650.86-0.130.80.730.830.610.560.940.650.90.50.760.870.880.870.940.350.83
0.910.460.820.920.660.910.630.810.130.850.740.840.430.580.860.510.910.320.710.870.871.00.850.420.84
0.980.490.950.980.830.970.890.780.090.890.650.960.540.620.90.740.980.410.640.880.870.870.920.20.86
0.910.460.820.920.660.910.630.810.130.850.740.840.430.580.860.510.910.320.710.871.00.870.850.420.84
0.950.320.930.930.920.940.820.75-0.250.760.620.940.640.550.890.820.960.470.60.940.850.920.850.130.82
0.20.190.130.24-0.090.21-0.130.720.460.520.260.130.060.20.17-0.10.20.00.390.350.420.20.420.130.17
0.850.710.810.860.720.880.680.67-0.050.740.840.840.220.450.850.570.820.180.710.830.840.860.840.820.17
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G-bits Network Account Relationship Matchups

G-bits Network fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B5.4B7.1B6.5B6.6B3.6B
Other Current Liab509.5M614.8M1.1B25.9M13.7M13.0M
Total Current Liabilities803.2M971.9M1.8B1.7B1.3B776.7M
Total Stockholder Equity3.1B3.8B4.6B4.0B4.5B2.4B
Other Liab22.5M95.2M161.1M215.4M247.8M260.2M
Retained Earnings1.9B2.6B3.2B2.5B2.9B1.5B
Cash803.7M2.1B2.9B2.6B2.4B1.3B
Other Assets595.3M145.3M237.4M325.9M374.7M393.5M
Net Receivables247.1M195.5M294.2M264.7M238.8M178.9M
Other Current Assets124.2M117.3M80.4M34.6M23.3M42.7M
Total Liab933.7M1.1B2.0B1.8B1.4B859.4M
Intangible Assets13.3M7.3M2.3M72.1M69.8M73.3M
Property Plant Equipment504.1M984.9M866.0M723.1M831.5M873.1M
Accounts Payable2.1M6.9M280.7M282.2M188.8M198.3M
Net Tangible Assets2.9B3.1B3.8B4.6B5.3B3.0B
Deferred Long Term Liab16.4M18.9M24.8M6.9M7.9M12.4M
Total Current Assets2.5B3.3B4.4B3.6B3.8B3.1B
Non Current Assets Total1.9B2.1B2.7B2.9B2.8B2.1B
Non Currrent Assets Other31.2M30.4M252.0K40.6M46.1M81.7M
Non Current Liabilities Total130.5M168.1M217.6M90.3M86.3M121.1M
Short Term Investments1.3B678.0M1.0B629.6M1.1B867.2M
Other Stockholder Equity11.3M4.7M(8.1M)(14.0M)(12.6M)(12.0M)
Net Invested Capital3.1B3.8B4.6B4.0B4.5B4.0B
Non Current Liabilities Other39.1M130.1M213.5M82.5M57.3M106.3M
Net Working Capital1.7B2.3B2.5B1.9B2.5B2.3B

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Other Information on Investing in G-bits Stock

Balance Sheet is a snapshot of the financial position of G bits Network at a specified time, usually calculated after every quarter, six months, or one year. G-bits Network Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of G-bits Network and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which G-bits currently owns. An asset can also be divided into two categories, current and non-current.