Goke Net Income From Continuing Ops vs Selling General Administrative 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 Net Income From Continuing Ops and its Selling General Administrative 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.

Net Income From Continuing Ops vs Selling General Administrative

Net Income From Continuing Ops vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goke Microelectronics Net Income From Continuing Ops account and Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between Goke Microelectronics' Net Income From Continuing Ops and Selling General Administrative is 0.2. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Selling General Administrative 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' Net Income From Continuing Ops and Selling General Administrative 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 Income From Continuing Ops of Goke Microelectronics Co are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income From Continuing Ops i.e., Goke Microelectronics' Net Income From Continuing Ops and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income From Continuing Ops

Selling General Administrative

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 Income346.4M167.3M68.4M94.2M
Total Revenue2.3B3.6B4.2B4.4B

Goke Microelectronics fundamental ratios Correlations

0.620.980.990.850.790.780.970.810.830.610.990.880.80.910.540.950.940.520.920.740.910.980.960.930.95
0.620.740.530.670.020.10.470.10.890.980.710.180.520.450.280.50.440.540.480.370.830.460.490.480.57
0.980.740.950.870.680.670.930.690.90.731.00.790.780.860.470.930.890.580.90.70.950.940.930.910.93
0.990.530.950.80.840.840.980.870.770.510.950.910.780.910.580.930.970.430.90.750.860.980.970.910.96
0.850.670.870.80.540.620.740.610.870.660.890.680.920.850.570.880.680.720.860.780.880.810.720.850.74
0.790.020.680.840.540.880.880.910.380.020.710.980.550.790.380.820.880.210.810.590.510.880.860.790.79
0.780.10.670.840.620.880.780.950.380.130.70.910.740.810.670.770.790.250.720.840.530.840.770.820.71
0.970.470.930.980.740.880.780.830.740.450.930.930.660.860.410.930.990.380.910.630.830.981.00.880.98
0.810.10.690.870.610.910.950.830.420.090.720.920.720.820.660.780.830.250.750.760.540.870.810.810.76
0.830.890.90.770.870.380.380.740.420.840.880.510.720.710.410.770.70.590.760.530.960.730.750.70.8
0.610.980.730.510.660.020.130.450.090.840.70.190.550.440.290.50.410.610.450.390.810.460.470.530.54
0.990.711.00.950.890.710.70.930.720.880.70.820.80.880.480.950.890.610.920.720.930.950.930.930.93
0.880.180.790.910.680.980.910.930.920.510.190.820.680.870.460.910.910.360.890.710.640.950.910.890.84
0.80.520.780.780.920.550.740.660.720.720.550.80.680.820.790.790.620.680.720.860.780.760.650.840.67
0.910.450.860.910.850.790.810.860.820.710.440.880.870.820.670.920.820.470.910.760.750.90.840.870.8
0.540.280.470.580.570.380.670.410.660.410.290.480.460.790.670.450.40.220.410.70.460.480.40.510.4
0.950.50.930.930.880.820.770.930.780.770.50.950.910.790.920.450.880.610.980.740.820.970.910.950.87
0.940.440.890.970.680.880.790.990.830.70.410.890.910.620.820.40.880.310.860.60.80.961.00.840.98
0.520.540.580.430.720.210.250.380.250.590.610.610.360.680.470.220.610.310.50.490.590.490.370.70.4
0.920.480.90.90.860.810.720.910.750.760.450.920.890.720.910.410.980.860.50.680.790.940.890.880.84
0.740.370.70.750.780.590.840.630.760.530.390.720.710.860.760.70.740.60.490.680.60.740.610.790.58
0.910.830.950.860.880.510.530.830.540.960.810.930.640.780.750.460.820.80.590.790.60.820.840.80.9
0.980.460.940.980.810.880.840.980.870.730.460.950.950.760.90.480.970.960.490.940.740.820.970.950.94
0.960.490.930.970.720.860.771.00.810.750.470.930.910.650.840.40.911.00.370.890.610.840.970.870.98
0.930.480.910.910.850.790.820.880.810.70.530.930.890.840.870.510.950.840.70.880.790.80.950.870.84
0.950.570.930.960.740.790.710.980.760.80.540.930.840.670.80.40.870.980.40.840.580.90.940.980.84
Click cells to compare fundamentals

Goke Microelectronics Account Relationship Matchups

Goke Microelectronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.9B3.5B8.5B7.3B7.7B
Other Current Liab56.9M729.3M752.3M3.5B171.9M163.3M
Total Current Liabilities508.9M1.4B1.6B4.3B2.8B3.0B
Total Stockholder Equity1.1B1.3B1.5B4.0B4.1B4.3B
Retained Earnings263.2M316.0M551.4M600.5M543.3M297.9M
Accounts Payable86.8M136.1M225.5M173.9M913.2M958.9M
Cash478.9M523.1M344.0M393.6M1.0B1.1B
Other Assets63.1M255.0M555.5M1.9B2.2B2.3B
Net Receivables306.1M157.0M180.8M234.6M554.3M582.0M
Inventory172.7M227.3M1.0B2.4B1.1B536.6M
Other Current Assets27.9M693.8M324.9M1.7B81.4M77.3M
Total Liab761.0M1.7B2.0B4.5B3.2B3.4B
Intangible Assets151.9M249.3M315.3M315.9M788.8M828.2M
Common Stock180.0M180.3M182.1M217.3M249.9M133.2M
Property Plant Equipment70.7M112.9M175.0M186.7M214.7M225.4M
Other Liab47.1M105.0M194.0M211.5M243.2M255.4M
Net Tangible Assets691.4M729.9M938.7M3.4B3.9B4.1B
Deferred Long Term Liab14.5M44.3M117.2M108.3M124.6M130.8M
Total Current Assets987.3M1.7B1.9B5.5B3.8B2.1B
Non Current Assets Total892.7M1.2B1.6B2.9B3.6B3.8B
Non Currrent Assets Other28.2M165.8M339.8M1.7B1.8B1.9B
Non Current Liabilities Total252.1M290.0M359.5M221.4M409.3M213.1M
Other Stockholder Equity60.9M94.2M71.5M111.0M127.7M134.1M
Common Stock Shares Outstanding180.0M180.3M182.1M217.3M217.3M209.5M
Net Invested Capital1.7B1.9B2.3B4.6B5.0B2.8B
Net Working Capital478.5M301.5M269.8M1.3B934.8M663.6M
Short Long Term Debt334.8M506.4M592.1M600.5M680.5M531.3M
Capital Stock180.0M180.3M182.1M217.3M217.3M199.6M

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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.