Gilat Net Tangible Assets vs Retained Earnings Analysis

GILT Stock  USD 5.41  0.01  0.18%   
Gilat Satellite financial indicator trend analysis is much more than just examining Gilat Satellite Networks latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gilat Satellite Networks is a good investment. Please check the relationship between Gilat Satellite Net Tangible Assets and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gilat Satellite Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gilat Satellite Networks Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gilat Satellite's Net Tangible Assets and Retained Earnings is -0.31. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Gilat Satellite Networks, assuming nothing else is changed. The correlation between historical values of Gilat Satellite's Net Tangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Gilat Satellite Networks are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Tangible Assets i.e., Gilat Satellite's Net Tangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Gilat Satellite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gilat Satellite Networks 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 Gilat Satellite Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Gilat Satellite's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 16.9 M in 2024, whereas Discontinued Operations is likely to drop (241.5 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit71.6M86.9M104.9M77.0M
Total Revenue218.8M239.8M266.1M233.6M

Gilat Satellite fundamental ratios Correlations

0.87-0.10.730.840.860.79-0.630.670.740.560.750.87-0.020.820.870.740.620.950.07-0.930.620.06-0.05-0.89-0.89
0.870.380.640.810.950.97-0.30.740.630.870.630.730.470.880.910.910.720.880.45-0.940.620.210.04-0.97-0.97
-0.10.38-0.120.090.30.490.670.34-0.230.69-0.24-0.130.960.190.250.430.2-0.010.82-0.210.00.250.21-0.33-0.33
0.730.64-0.120.750.650.51-0.510.630.650.340.640.77-0.050.60.690.520.360.76-0.05-0.650.85-0.27-0.18-0.62-0.62
0.840.810.090.750.720.71-0.250.710.430.460.420.80.10.690.880.80.490.940.13-0.90.55-0.160.37-0.85-0.85
0.860.950.30.650.720.89-0.40.670.760.850.750.690.40.90.930.740.740.820.38-0.890.60.13-0.15-0.93-0.93
0.790.970.490.510.710.89-0.180.750.50.90.510.650.550.780.840.920.60.790.54-0.90.540.280.04-0.94-0.94
-0.63-0.30.67-0.51-0.25-0.4-0.18-0.02-0.85-0.04-0.86-0.490.5-0.48-0.28-0.12-0.4-0.480.450.32-0.52-0.090.470.270.27
0.670.740.340.630.710.670.75-0.020.250.560.250.820.360.490.740.730.250.720.24-0.770.37-0.080.07-0.77-0.77
0.740.63-0.230.650.430.760.5-0.850.250.491.00.55-0.040.770.60.370.650.62-0.09-0.560.690.13-0.47-0.58-0.58
0.560.870.690.340.460.850.9-0.040.560.490.490.360.780.770.710.760.650.530.72-0.690.470.35-0.08-0.79-0.79
0.750.63-0.240.640.420.750.51-0.860.251.00.490.55-0.050.770.590.380.650.62-0.09-0.560.690.15-0.48-0.58-0.58
0.870.73-0.130.770.80.690.65-0.490.820.550.360.55-0.070.590.740.670.450.9-0.08-0.80.52-0.02-0.07-0.75-0.75
-0.020.470.96-0.050.10.40.550.50.36-0.040.78-0.05-0.070.30.30.490.30.050.75-0.250.10.330.13-0.38-0.38
0.820.880.190.60.690.90.78-0.480.490.770.770.770.590.30.830.710.80.770.36-0.820.580.19-0.11-0.85-0.85
0.870.910.250.690.880.930.84-0.280.740.60.710.590.740.30.830.750.610.880.27-0.960.52-0.050.12-0.97-0.97
0.740.910.430.520.80.740.92-0.120.730.370.760.380.670.490.710.750.570.830.47-0.860.550.270.29-0.87-0.87
0.620.720.20.360.490.740.6-0.40.250.650.650.650.450.30.80.610.570.630.39-0.590.420.41-0.08-0.63-0.63
0.950.88-0.010.760.940.820.79-0.480.720.620.530.620.90.050.770.880.830.630.08-0.930.610.030.14-0.89-0.89
0.070.450.82-0.050.130.380.540.450.24-0.090.72-0.09-0.080.750.360.270.470.390.08-0.260.170.290.06-0.36-0.36
-0.93-0.94-0.21-0.65-0.9-0.89-0.90.32-0.77-0.56-0.69-0.56-0.8-0.25-0.82-0.96-0.86-0.59-0.93-0.26-0.53-0.08-0.170.990.99
0.620.620.00.850.550.60.54-0.520.370.690.470.690.520.10.580.520.550.420.610.17-0.53-0.02-0.28-0.53-0.53
0.060.210.25-0.27-0.160.130.28-0.09-0.080.130.350.15-0.020.330.19-0.050.270.410.030.29-0.08-0.02-0.1-0.13-0.12
-0.050.040.21-0.180.37-0.150.040.470.07-0.47-0.08-0.48-0.070.13-0.110.120.29-0.080.140.06-0.17-0.28-0.1-0.12-0.12
-0.89-0.97-0.33-0.62-0.85-0.93-0.940.27-0.77-0.58-0.79-0.58-0.75-0.38-0.85-0.97-0.87-0.63-0.89-0.360.99-0.53-0.13-0.121.0
-0.89-0.97-0.33-0.62-0.85-0.93-0.940.27-0.77-0.58-0.79-0.58-0.75-0.38-0.85-0.97-0.87-0.63-0.89-0.360.99-0.53-0.12-0.121.0
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Gilat Satellite Account Relationship Matchups

Gilat Satellite fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding56.0M55.6M56.4M56.6M56.7M59.5M
Total Assets391.8M393.8M353.0M385.4M426.9M431.0M
Short Long Term Debt Total13.3M8.9M4.1M3.8M14.9M14.2M
Other Current Liab66.9M122.4M60.7M70.7M68.3M51.1M
Total Current Liabilities121.0M147.4M109.6M125.8M126.6M107.7M
Total Stockholder Equity253.6M233.8M232.1M244.1M274.7M218.9M
Property Plant And Equipment Net87.8M82.1M76.9M80.5M79.4M105.0M
Net Debt(61.4M)(79.9M)(77.8M)(82.8M)(89.8M)(85.3M)
Accounts Payable20.7M20.5M19.8M20.7M13.9M21.8M
Cash74.8M88.8M81.9M86.6M104.0M71.1M
Non Current Assets Total168.4M160.4M155.8M170.4M194.6M196.4M
Cash And Short Term Investments74.8M88.8M84.0M86.6M104.0M76.1M
Net Receivables71.4M75.1M65.2M75.6M73.1M82.9M
Liabilities And Stockholders Equity391.8M393.8M353.0M385.4M426.9M431.0M
Non Current Liabilities Total17.3M12.6M11.3M15.5M25.6M24.3M
Inventory27.2M31.3M28.4M33.0M38.5M28.9M
Other Stockholder Equity927.3M928.6M929.9M932.1M937.6M694.1M
Total Liab138.2M160.0M120.9M141.3M152.2M211.9M
Property Plant And Equipment Gross87.8M82.1M76.9M80.5M199.8M107.6M
Total Current Assets223.5M233.4M197.2M215.1M240.6M234.8M
Accumulated Other Comprehensive Income(5.0M)(6.0M)(6.4M)(6.8M)(5.3M)(5.6M)
Short Term Debt6.1M5.9M3.6M3.9M9.9M10.3M
Retained Earnings(671.4M)(691.4M)(694.1M)(683.8M)(660.3M)(693.3M)
Other Current Assets23.0M43.8M21.8M19.8M25.0M27.0M
Non Currrent Assets Other124K42K12K16.7M23.6M37.2M
Common Stock Total Equity2.6M2.6M2.6M2.6M2.4M2.3M
Common Stock2.6M2.6M2.7M2.7M2.7M2.6M
Other Liab7.2M10.0M9.7M13.6M12.2M21.5M
Other Assets35.6M33.8M34.8M46.1M(8.3M)(7.9M)
Long Term Debt12.6M8.1M4M2M1.8M1.7M
Property Plant Equipment87.8M82.1M76.9M80.5M72.4M92.8M
Current Deferred Revenue27.2M26.2M25.5M30.5M34.5M29.0M
Intangible Assets1.5M1.1M640K309K16.1M11.7M
Net Tangible Assets208.6M189.3M188.0M200.3M230.4M186.2M
Short Long Term Debt4.5M4.1M4M7.5M6.7M6.6M

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