GCT Interest Expense vs Income Before Tax Analysis
| GCTS Stock | 2.55 0.17 7.14% |
GCT Semiconductor financial indicator trend analysis is much more than just examining GCT Semiconductor Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GCT Semiconductor Holding is a good investment. Please check the relationship between GCT Semiconductor Interest Expense and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GCT Semiconductor Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Interest Expense vs Income Before Tax
Interest Expense vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GCT Semiconductor Holding Interest Expense account and Income Before Tax. At this time, the significance of the direction appears to have weak relationship.
The correlation between GCT Semiconductor's Interest Expense and Income Before Tax is 0.31. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of GCT Semiconductor Holding, assuming nothing else is changed. The correlation between historical values of GCT Semiconductor's Interest Expense and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of GCT Semiconductor Holding are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Expense i.e., GCT Semiconductor's Interest Expense and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.31 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on GCT Semiconductor income statement and is an important metric when analyzing GCT Semiconductor Holding profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from GCT Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GCT Semiconductor Holding 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 GCT Semiconductor Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, GCT Semiconductor's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 4,481 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.29 in 2024.
| 2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.5M | 968.4K | 1.0M | Interest Income | 4K | 4.6K | 2.8K |
GCT Semiconductor fundamental ratios Correlations
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GCT Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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