Giantec Net Income vs Minority Interest 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 Net Income and its Minority Interest 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.

Net Income vs Minority Interest

Net Income vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Giantec Semiconductor Net Income account and Minority Interest. At this time, the significance of the direction appears to have weak relationship.
The correlation between Giantec Semiconductor's Net Income and Minority Interest is 0.38. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Minority Interest 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 Net Income and Minority Interest 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 of Giantec Semiconductor Corp are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Net Income i.e., Giantec Semiconductor's Net Income and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Giantec Semiconductor financial statement analysis. It represents the amount of money remaining after all of Giantec Semiconductor Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Giantec Semiconductor Corp whose combined shares represent less than 50% of the total outstanding shares issued by Giantec Semiconductor have a minority interest in Giantec Semiconductor.
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
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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.