Giga Media Stock Current Asset
| GIGM Stock | USD 1.37 0.06 4.58% |
Giga Media fundamentals help investors to digest information that contributes to Giga Media's financial success or failures. It also enables traders to predict the movement of Giga Stock. The fundamental analysis module provides a way to measure Giga Media's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Giga Media stock.
As of the 24th of April 2024, Total Current Assets is likely to grow to about 70.4 M, while Non Current Assets Total are likely to drop about 6.2 M. Giga | Current Asset |
Giga Media Company Current Asset Analysis
Giga Media's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Giga Media Current Asset | 82.93 M |
Most of Giga Media's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Giga Media is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Giga Current Asset Historical Pattern
Today, most investors in Giga Media Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Giga Media's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Giga Media current asset as a starting point in their analysis.
Giga Media Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Giga Total Assets
Total Assets |
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In accordance with the recently published financial statements, Giga Media has a Current Asset of 82.93 M. This is 99.85% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The current asset for all United States stocks is 99.11% higher than that of the company.
Giga Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Giga Media's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Giga Media could also be used in its relative valuation, which is a method of valuing Giga Media by comparing valuation metrics of similar companies.Giga Media is currently under evaluation in current asset category among related companies.
Giga Fundamentals
| Return On Equity | -0.0758 | ||||
| Return On Asset | -0.0401 | ||||
| Profit Margin | (0.81) % | ||||
| Operating Margin | (0.74) % | ||||
| Current Valuation | (23.5 M) | ||||
| Shares Outstanding | 11.05 M | ||||
| Shares Owned By Insiders | 45.55 % | ||||
| Shares Owned By Institutions | 3.96 % | ||||
| Number Of Shares Shorted | 5.91 K | ||||
| Price To Earning | 31.11 X | ||||
| Price To Book | 0.31 X | ||||
| Price To Sales | 3.37 X | ||||
| Revenue | 4.29 M | ||||
| Gross Profit | 3.25 M | ||||
| EBITDA | (3.09 M) | ||||
| Net Income | (1.03 M) | ||||
| Cash And Equivalents | 39.32 M | ||||
| Cash Per Share | 3.56 X | ||||
| Total Debt | 893 K | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 13.31 X | ||||
| Book Value Per Share | 3.87 X | ||||
| Cash Flow From Operations | (2.08 M) | ||||
| Short Ratio | 0.63 X | ||||
| Earnings Per Share | (0.09) X | ||||
| Target Price | 1.5 | ||||
| Beta | 0.44 | ||||
| Market Capitalization | 14.48 M | ||||
| Total Asset | 46.1 M | ||||
| Retained Earnings | (238.43 M) | ||||
| Working Capital | 45.37 M | ||||
| Current Asset | 82.93 M | ||||
| Current Liabilities | 23.06 M | ||||
| Net Asset | 46.1 M |
About Giga Media Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Giga Media's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Giga Media using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Giga Media based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Giga Media in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Giga Media's short interest history, or implied volatility extrapolated from Giga Media options trading.
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Try AI Portfolio ArchitectCheck out Giga Media Piotroski F Score and Giga Media Altman Z Score analysis. To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.Note that the Giga Media information on this page should be used as a complementary analysis to other Giga Media's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Giga Stock analysis
When running Giga Media's price analysis, check to measure Giga Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Giga Media is operating at the current time. Most of Giga Media's value examination focuses on studying past and present price action to predict the probability of Giga Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Giga Media's price. Additionally, you may evaluate how the addition of Giga Media to your portfolios can decrease your overall portfolio volatility.
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Is Giga Media's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Giga Media. If investors know Giga will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Giga Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share 0.388 | Quarterly Revenue Growth (0.21) | Return On Assets (0.04) | Return On Equity (0.08) |
The market value of Giga Media is measured differently than its book value, which is the value of Giga that is recorded on the company's balance sheet. Investors also form their own opinion of Giga Media's value that differs from its market value or its book value, called intrinsic value, which is Giga Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Giga Media's market value can be influenced by many factors that don't directly affect Giga Media's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Giga Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Giga Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Giga Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.