Goke Capital Expenditures vs Other Non Cash Items Analysis

300672 Stock

66.75 4.65 6.51%

Goke Microelectronics financial indicator trend analysis is much more than just examining Goke Microelectronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goke Microelectronics is a good investment. Please check the relationship between Goke Microelectronics Capital Expenditures and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Goke Microelectronics Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Capital Expenditures vs Other Non Cash Items

Capital Expenditures vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goke Microelectronics Capital Expenditures account and Other Non Cash Items. At this time, the significance of the direction appears to have strong relationship.

The correlation between Goke Microelectronics' Capital Expenditures and Other Non Cash Items is 0.65. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Goke Microelectronics Co, assuming nothing else is changed. The correlation between historical values of Goke Microelectronics' Capital Expenditures and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Goke Microelectronics Co are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Capital Expenditures i.e., Goke Microelectronics' Capital Expenditures and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Goke Microelectronics to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Goke Microelectronics operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Other Non Cash Items

Most indicators from Goke Microelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goke Microelectronics 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Goke Microelectronics Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of December 31, 2024, Selling General Administrative is expected to decline to about 73.5 M. The current year's Tax Provision is expected to grow to about (33 M)

	2021	2022	2023	2024 (projected)
Operating Income	346.4M	167.3M	68.4M	94.2M
Total Revenue	2.3B	3.6B	4.2B	4.4B

Operating Income Total Revenue

Goke Microelectronics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Net Tangible Assets	Short Term Investments	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Other Stockholder Equity	Common Stock Shares Outstanding
Total Assets		0.62	0.98	0.99	0.85	0.79	0.78	0.97	0.81	0.83	0.61	0.99	0.88	0.8	0.91	0.54	0.95	0.94	0.52	0.92	0.74	0.91	0.98	0.96	0.93	0.95
Other Current Liab	0.62		0.74	0.53	0.67	0.02	0.1	0.47	0.1	0.89	0.98	0.71	0.18	0.52	0.45	0.28	0.5	0.44	0.54	0.48	0.37	0.83	0.46	0.49	0.48	0.57
Total Current Liabilities	0.98	0.74		0.95	0.87	0.68	0.67	0.93	0.69	0.9	0.73	1.0	0.79	0.78	0.86	0.47	0.93	0.89	0.58	0.9	0.7	0.95	0.94	0.93	0.91	0.93
Total Stockholder Equity	0.99	0.53	0.95		0.8	0.84	0.84	0.98	0.87	0.77	0.51	0.95	0.91	0.78	0.91	0.58	0.93	0.97	0.43	0.9	0.75	0.86	0.98	0.97	0.91	0.96
Retained Earnings	0.85	0.67	0.87	0.8		0.54	0.62	0.74	0.61	0.87	0.66	0.89	0.68	0.92	0.85	0.57	0.88	0.68	0.72	0.86	0.78	0.88	0.81	0.72	0.85	0.74
Accounts Payable	0.79	0.02	0.68	0.84	0.54		0.88	0.88	0.91	0.38	0.02	0.71	0.98	0.55	0.79	0.38	0.82	0.88	0.21	0.81	0.59	0.51	0.88	0.86	0.79	0.79
Cash	0.78	0.1	0.67	0.84	0.62	0.88		0.78	0.95	0.38	0.13	0.7	0.91	0.74	0.81	0.67	0.77	0.79	0.25	0.72	0.84	0.53	0.84	0.77	0.82	0.71
Other Assets	0.97	0.47	0.93	0.98	0.74	0.88	0.78		0.83	0.74	0.45	0.93	0.93	0.66	0.86	0.41	0.93	0.99	0.38	0.91	0.63	0.83	0.98	1.0	0.88	0.98
Net Receivables	0.81	0.1	0.69	0.87	0.61	0.91	0.95	0.83		0.42	0.09	0.72	0.92	0.72	0.82	0.66	0.78	0.83	0.25	0.75	0.76	0.54	0.87	0.81	0.81	0.76
Inventory	0.83	0.89	0.9	0.77	0.87	0.38	0.38	0.74	0.42		0.84	0.88	0.51	0.72	0.71	0.41	0.77	0.7	0.59	0.76	0.53	0.96	0.73	0.75	0.7	0.8
Other Current Assets	0.61	0.98	0.73	0.51	0.66	0.02	0.13	0.45	0.09	0.84		0.7	0.19	0.55	0.44	0.29	0.5	0.41	0.61	0.45	0.39	0.81	0.46	0.47	0.53	0.54
Total Liab	0.99	0.71	1.0	0.95	0.89	0.71	0.7	0.93	0.72	0.88	0.7		0.82	0.8	0.88	0.48	0.95	0.89	0.61	0.92	0.72	0.93	0.95	0.93	0.93	0.93
Intangible Assets	0.88	0.18	0.79	0.91	0.68	0.98	0.91	0.93	0.92	0.51	0.19	0.82		0.68	0.87	0.46	0.91	0.91	0.36	0.89	0.71	0.64	0.95	0.91	0.89	0.84
Common Stock	0.8	0.52	0.78	0.78	0.92	0.55	0.74	0.66	0.72	0.72	0.55	0.8	0.68		0.82	0.79	0.79	0.62	0.68	0.72	0.86	0.78	0.76	0.65	0.84	0.67
Property Plant Equipment	0.91	0.45	0.86	0.91	0.85	0.79	0.81	0.86	0.82	0.71	0.44	0.88	0.87	0.82		0.67	0.92	0.82	0.47	0.91	0.76	0.75	0.9	0.84	0.87	0.8
Long Term Debt	0.54	0.28	0.47	0.58	0.57	0.38	0.67	0.41	0.66	0.41	0.29	0.48	0.46	0.79	0.67		0.45	0.4	0.22	0.41	0.7	0.46	0.48	0.4	0.51	0.4
Other Liab	0.95	0.5	0.93	0.93	0.88	0.82	0.77	0.93	0.78	0.77	0.5	0.95	0.91	0.79	0.92	0.45		0.88	0.61	0.98	0.74	0.82	0.97	0.91	0.95	0.87
Net Tangible Assets	0.94	0.44	0.89	0.97	0.68	0.88	0.79	0.99	0.83	0.7	0.41	0.89	0.91	0.62	0.82	0.4	0.88		0.31	0.86	0.6	0.8	0.96	1.0	0.84	0.98
Short Term Investments	0.52	0.54	0.58	0.43	0.72	0.21	0.25	0.38	0.25	0.59	0.61	0.61	0.36	0.68	0.47	0.22	0.61	0.31		0.5	0.49	0.59	0.49	0.37	0.7	0.4
Deferred Long Term Liab	0.92	0.48	0.9	0.9	0.86	0.81	0.72	0.91	0.75	0.76	0.45	0.92	0.89	0.72	0.91	0.41	0.98	0.86	0.5		0.68	0.79	0.94	0.89	0.88	0.84
Long Term Investments	0.74	0.37	0.7	0.75	0.78	0.59	0.84	0.63	0.76	0.53	0.39	0.72	0.71	0.86	0.76	0.7	0.74	0.6	0.49	0.68		0.6	0.74	0.61	0.79	0.58
Total Current Assets	0.91	0.83	0.95	0.86	0.88	0.51	0.53	0.83	0.54	0.96	0.81	0.93	0.64	0.78	0.75	0.46	0.82	0.8	0.59	0.79	0.6		0.82	0.84	0.8	0.9
Non Current Assets Total	0.98	0.46	0.94	0.98	0.81	0.88	0.84	0.98	0.87	0.73	0.46	0.95	0.95	0.76	0.9	0.48	0.97	0.96	0.49	0.94	0.74	0.82		0.97	0.95	0.94
Non Currrent Assets Other	0.96	0.49	0.93	0.97	0.72	0.86	0.77	1.0	0.81	0.75	0.47	0.93	0.91	0.65	0.84	0.4	0.91	1.0	0.37	0.89	0.61	0.84	0.97		0.87	0.98
Other Stockholder Equity	0.93	0.48	0.91	0.91	0.85	0.79	0.82	0.88	0.81	0.7	0.53	0.93	0.89	0.84	0.87	0.51	0.95	0.84	0.7	0.88	0.79	0.8	0.95	0.87		0.84
Common Stock Shares Outstanding	0.95	0.57	0.93	0.96	0.74	0.79	0.71	0.98	0.76	0.8	0.54	0.93	0.84	0.67	0.8	0.4	0.87	0.98	0.4	0.84	0.58	0.9	0.94	0.98	0.84

Click cells to compare fundamentals

Goke Microelectronics Account Relationship Matchups

High Positive Relationship

Total Liab	+ 1.0	Total Current Liabilities
Non Currrent Assets Other	+ 1.0	Other Assets
Non Currrent Assets Other	+ 1.0	Net Tangible Assets
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Other Assets

High Negative Relationship

Not Found

Goke Microelectronics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	2.9B	3.5B	8.5B	7.3B	7.7B
Other Current Liab	56.9M	729.3M	752.3M	3.5B	171.9M	163.3M
Total Current Liabilities	508.9M	1.4B	1.6B	4.3B	2.8B	3.0B
Total Stockholder Equity	1.1B	1.3B	1.5B	4.0B	4.1B	4.3B
Retained Earnings	263.2M	316.0M	551.4M	600.5M	543.3M	297.9M
Accounts Payable	86.8M	136.1M	225.5M	173.9M	913.2M	958.9M
Cash	478.9M	523.1M	344.0M	393.6M	1.0B	1.1B
Other Assets	63.1M	255.0M	555.5M	1.9B	2.2B	2.3B
Net Receivables	306.1M	157.0M	180.8M	234.6M	554.3M	582.0M
Inventory	172.7M	227.3M	1.0B	2.4B	1.1B	536.6M
Other Current Assets	27.9M	693.8M	324.9M	1.7B	81.4M	77.3M
Total Liab	761.0M	1.7B	2.0B	4.5B	3.2B	3.4B
Intangible Assets	151.9M	249.3M	315.3M	315.9M	788.8M	828.2M
Common Stock	180.0M	180.3M	182.1M	217.3M	249.9M	133.2M
Property Plant Equipment	70.7M	112.9M	175.0M	186.7M	214.7M	225.4M
Other Liab	47.1M	105.0M	194.0M	211.5M	243.2M	255.4M
Net Tangible Assets	691.4M	729.9M	938.7M	3.4B	3.9B	4.1B
Deferred Long Term Liab	14.5M	44.3M	117.2M	108.3M	124.6M	130.8M
Total Current Assets	987.3M	1.7B	1.9B	5.5B	3.8B	2.1B
Non Current Assets Total	892.7M	1.2B	1.6B	2.9B	3.6B	3.8B
Non Currrent Assets Other	28.2M	165.8M	339.8M	1.7B	1.8B	1.9B
Non Current Liabilities Total	252.1M	290.0M	359.5M	221.4M	409.3M	213.1M
Other Stockholder Equity	60.9M	94.2M	71.5M	111.0M	127.7M	134.1M
Common Stock Shares Outstanding	180.0M	180.3M	182.1M	217.3M	217.3M	209.5M
Net Invested Capital	1.7B	1.9B	2.3B	4.6B	5.0B	2.8B
Net Working Capital	478.5M	301.5M	269.8M	1.3B	934.8M	663.6M
Short Long Term Debt	334.8M	506.4M	592.1M	600.5M	680.5M	531.3M
Capital Stock	180.0M	180.3M	182.1M	217.3M	217.3M	199.6M

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Other Information on Investing in Goke Stock

Balance Sheet is a snapshot of the financial position of Goke Microelectronics at a specified time, usually calculated after every quarter, six months, or one year. Goke Microelectronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Goke Microelectronics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Goke currently owns. An asset can also be divided into two categories, current and non-current.

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