Giantec Depreciation vs Investments Analysis

688123 Stock   55.91  0.18  0.32%   
Giantec Semiconductor financial indicator trend analysis is much more than just examining Giantec Semiconductor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Giantec Semiconductor is a good investment. Please check the relationship between Giantec Semiconductor Depreciation and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Giantec Semiconductor Corp. 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.

Depreciation vs Investments

Depreciation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Giantec Semiconductor Depreciation account and Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Giantec Semiconductor's Depreciation and Investments is -0.1. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments in the same time period over historical financial statements of Giantec Semiconductor Corp, assuming nothing else is changed. The correlation between historical values of Giantec Semiconductor's Depreciation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Giantec Semiconductor Corp are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., Giantec Semiconductor's Depreciation and Investments go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Giantec Semiconductor value has been used up. For tax purposes Giantec Semiconductor can deduct the cost of the tangible assets it purchases as business expenses. However, Giantec Semiconductor Corp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Giantec Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Giantec Semiconductor 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 Giantec Semiconductor Corp. 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 January 5, 2025, Tax Provision is expected to decline to about 2.2 M. In addition to that, Selling General Administrative is expected to decline to about 61.2 M
 2022 2023 2024 2025 (projected)
Gross Profit657.2M327.7M376.9M285.5M
Total Revenue980.4M703.5M809.0M593.7M

Giantec Semiconductor fundamental ratios Correlations

0.931.00.860.940.770.80.890.90.820.460.951.00.040.510.590.921.00.990.920.630.630.860.860.80.62
0.930.930.860.850.710.810.890.860.830.571.00.92-0.030.710.80.780.930.910.780.580.540.850.880.830.65
1.00.930.860.950.770.80.890.890.820.450.941.00.040.50.570.921.00.990.920.620.630.870.860.80.63
0.860.860.860.820.550.970.840.720.980.530.850.840.030.360.50.860.880.850.880.540.580.930.910.830.87
0.940.850.950.820.650.80.780.830.790.240.860.93-0.030.290.440.940.950.930.930.690.680.840.840.790.58
0.770.710.770.550.650.50.780.630.550.30.710.8-0.010.540.410.670.770.80.670.290.260.520.510.480.45
0.80.810.80.970.80.50.80.630.980.50.790.77-0.110.260.460.850.820.780.860.580.510.910.940.880.86
0.890.890.890.840.780.780.80.670.820.460.860.870.160.580.580.850.890.870.850.350.270.890.870.850.77
0.90.860.890.720.830.630.630.670.620.430.90.92-0.140.60.690.70.890.910.70.770.840.640.680.610.34
0.820.830.820.980.790.550.980.820.620.510.80.780.040.30.440.850.840.80.860.450.470.930.90.830.92
0.460.570.450.530.240.30.50.460.430.510.550.44-0.140.540.610.320.450.420.320.270.20.490.540.530.44
0.951.00.940.850.860.710.790.860.90.80.550.94-0.050.70.80.780.940.930.780.630.610.830.860.810.6
1.00.921.00.840.930.80.770.870.920.780.440.940.040.530.580.90.991.00.90.620.660.820.820.750.59
0.04-0.030.040.03-0.03-0.01-0.110.16-0.140.04-0.14-0.050.04-0.01-0.230.090.040.040.08-0.63-0.250.18-0.08-0.160.31
0.510.710.50.360.290.540.260.580.60.30.540.70.53-0.010.910.180.490.510.170.20.180.340.40.40.21
0.590.80.570.50.440.410.460.580.690.440.610.80.58-0.230.910.280.570.560.280.490.360.470.60.610.25
0.920.780.920.860.940.670.850.850.70.850.320.780.90.090.180.280.930.91.00.550.530.910.870.820.72
1.00.931.00.880.950.770.820.890.890.840.450.940.990.040.490.570.930.990.930.630.640.880.870.810.65
0.990.910.990.850.930.80.780.870.910.80.420.931.00.040.510.560.90.990.90.620.670.830.820.740.61
0.920.780.920.880.930.670.860.850.70.860.320.780.90.080.170.281.00.930.90.550.540.910.870.820.73
0.630.580.620.540.690.290.580.350.770.450.270.630.62-0.630.20.490.550.630.620.550.810.440.610.610.08
0.630.540.630.580.680.260.510.270.840.470.20.610.66-0.250.180.360.530.640.670.540.810.420.450.350.18
0.860.850.870.930.840.520.910.890.640.930.490.830.820.180.340.470.910.880.830.910.440.420.950.910.86
0.860.880.860.910.840.510.940.870.680.90.540.860.82-0.080.40.60.870.870.820.870.610.450.950.980.75
0.80.830.80.830.790.480.880.850.610.830.530.810.75-0.160.40.610.820.810.740.820.610.350.910.980.67
0.620.650.630.870.580.450.860.770.340.920.440.60.590.310.210.250.720.650.610.730.080.180.860.750.67
Click cells to compare fundamentals

Giantec Semiconductor Account Relationship Matchups

Giantec Semiconductor fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.6B1.6B2.1B2.1B2.4B1.3B
Total Current Liabilities77.6M101.2M137.2M96.8M111.3M90.0M
Total Stockholder Equity1.5B1.5B1.9B2.0B2.3B1.2B
Retained Earnings230.5M289.2M530.1M523.7M602.3M632.4M
Accounts Payable56.8M59.8M52.2M65.6M75.4M52.1M
Cash346.2M433.6M717.3M592.8M681.7M527.7M
Non Current Assets Total10.8M201.1M250.9M321.9M370.2M388.8M
Net Receivables58.8M82.8M150.1M128.1M147.4M92.4M
Non Current Liabilities Total18.0M18.1M16.6M10.8M12.5M10.8M
Inventory66.5M100.6M211.9M225.2M259.0M271.9M
Other Current Assets1.2M22.8M47.1M16.3M18.8M22.4M
Total Liab95.5M119.3M153.8M107.6M123.7M100.8M
Total Current Assets1.5B1.4B1.8B1.7B2.0B1.2B
Other Current Liab5.0M15.6M45.1M483.6K556.1K528.3K
Net Invested Capital1.5B1.5B1.9B2.0B2.3B1.4B
Net Working Capital1.5B1.3B1.7B1.6B1.9B1.3B
Intangible Assets1.7M3.6M1.0M1.6M1.8M1.7M
Property Plant And Equipment Net2.6M166.4M200.9M220.7M253.8M130.3M
Property Plant And Equipment Gross11.1M175.6M200.9M220.7M253.8M136.0M
Short Long Term Debt2.4M5.8M6.6M7.1M8.2M5.3M

Currently Active Assets on Macroaxis

Other Information on Investing in Giantec Stock

Balance Sheet is a snapshot of the financial position of Giantec Semiconductor at a specified time, usually calculated after every quarter, six months, or one year. Giantec Semiconductor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Giantec Semiconductor 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 Giantec currently owns. An asset can also be divided into two categories, current and non-current.