GigaCloud Long Term Debt vs Intangible Assets Analysis
GCT Stock | USD 24.73 0.76 2.98% |
GigaCloud Technology financial indicator trend analysis is much more than just examining GigaCloud Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GigaCloud Technology is a good investment. Please check the relationship between GigaCloud Technology Long Term Debt and its Intangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GigaCloud Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Long Term Debt vs Intangible Assets
Long Term Debt vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GigaCloud Technology Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GigaCloud Technology's Long Term Debt and Intangible Assets is 0.5. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of GigaCloud Technology Class, assuming nothing else is changed. The correlation between historical values of GigaCloud Technology's Long Term Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of GigaCloud Technology Class are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., GigaCloud Technology's Long Term Debt and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that GigaCloud Technology has held for over one year. Long-term debt appears on GigaCloud Technology Class balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on GigaCloud Technology Class balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from GigaCloud Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GigaCloud 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 GigaCloud Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, GigaCloud Technology's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1 B in 2024, whereas Tax Provision is likely to drop slightly above 9.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 89.6M | 83.1M | 188.6M | 100.9M | Total Revenue | 414.2M | 490.1M | 703.8M | 441.3M |
GigaCloud Technology fundamental ratios Correlations
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GigaCloud Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for GigaCloud Stock Analysis
When running GigaCloud Technology's price analysis, check to measure GigaCloud Technology'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 GigaCloud Technology is operating at the current time. Most of GigaCloud Technology's value examination focuses on studying past and present price action to predict the probability of GigaCloud Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GigaCloud Technology's price. Additionally, you may evaluate how the addition of GigaCloud Technology to your portfolios can decrease your overall portfolio volatility.