GCT Total Revenue vs Income Tax Expense 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 Revenue and its Income Tax Expense 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 Revenue vs Income Tax Expense
Total Revenue vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GCT Semiconductor Holding Total Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have pay attention.
The correlation between GCT Semiconductor's Total Revenue and Income Tax Expense is -0.97. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Tax Expense 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 Revenue and Income Tax Expense 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 Revenue of GCT Semiconductor Holding are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Revenue i.e., GCT Semiconductor's Total Revenue and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.97 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts GCT Semiconductor Holding generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Income Tax Expense
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
Click cells to compare fundamentals
GCT Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for GCT Stock Analysis
When running GCT Semiconductor's price analysis, check to measure GCT Semiconductor'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 GCT Semiconductor is operating at the current time. Most of GCT Semiconductor's value examination focuses on studying past and present price action to predict the probability of GCT Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GCT Semiconductor's price. Additionally, you may evaluate how the addition of GCT Semiconductor to your portfolios can decrease your overall portfolio volatility.