GCT Total Operating Expenses vs Tax Provision 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 Total Operating Expenses and its Tax Provision 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.
Total Operating Expenses vs Tax Provision
Total Operating Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GCT Semiconductor Holding Total Operating Expenses account and Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between GCT Semiconductor's Total Operating Expenses and Tax Provision is -0.8. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Tax Provision 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 Total Operating Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of GCT Semiconductor Holding are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Operating Expenses i.e., GCT Semiconductor's Total Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.8 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.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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