Giga Media Stock Current Liabilities

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 25th of April 2024, Total Current Liabilities is likely to drop to about 2.7 M. In addition to that, Non Current Liabilities Total is likely to drop to about 470.2 K.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Giga Media Company Current Liabilities Analysis

Giga Media's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Giga Media Current Liabilities

    
  23.06 M  
Most of Giga Media's fundamental indicators, such as Current Liabilities, 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 Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Giga Media is extremely important. It helps to project a fair market value of Giga Stock properly, considering its historical fundamentals such as Current Liabilities. Since Giga Media's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Giga Media's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Giga Media's interrelated accounts and indicators.
0.990.390.850.940.680.90.540.950.95-0.30.930.460.790.940.80.530.210.290.530.52-0.29
0.990.440.820.930.60.940.420.970.96-0.340.970.380.730.970.730.50.130.260.470.47-0.27
0.390.440.320.38-0.090.63-0.10.450.42-0.630.55-0.120.30.48-0.020.190.12-0.29-0.45-0.470.32
0.850.820.320.780.50.780.580.850.74-0.460.810.260.890.790.70.390.530.190.50.53-0.17
0.940.930.380.780.70.870.550.920.83-0.290.890.390.760.880.780.490.230.250.50.5-0.26
0.680.6-0.090.50.70.340.850.50.640.130.40.880.570.420.750.40.150.280.540.55-0.29
0.90.940.630.780.870.340.190.960.86-0.540.990.090.660.980.540.370.130.110.270.29-0.12
0.540.42-0.10.580.550.850.190.360.440.140.240.760.760.230.780.450.60.290.580.58-0.3
0.950.970.450.850.920.50.960.360.89-0.450.980.230.750.980.680.40.20.150.450.48-0.22
0.950.960.420.740.830.640.860.440.89-0.320.890.540.640.90.70.490.020.180.380.38-0.19
-0.3-0.34-0.63-0.46-0.290.13-0.540.14-0.45-0.32-0.50.21-0.23-0.430.060.18-0.070.680.410.27-0.7
0.930.970.550.810.890.40.990.240.980.89-0.50.150.670.990.580.390.110.160.340.34-0.17
0.460.38-0.120.260.390.880.090.760.230.540.210.150.350.170.550.390.010.140.30.3-0.15
0.790.730.30.890.760.570.660.760.750.64-0.230.670.350.650.790.510.760.310.590.58-0.32
0.940.970.480.790.880.420.980.230.980.9-0.430.990.170.650.60.390.070.220.410.41-0.23
0.80.73-0.020.70.780.750.540.780.680.70.060.580.550.790.60.630.430.410.780.77-0.47
0.530.50.190.390.490.40.370.450.40.490.180.390.390.510.390.630.290.430.40.27-0.44
0.210.130.120.530.230.150.130.60.20.02-0.070.110.010.760.070.430.290.190.370.37-0.2
0.290.26-0.290.190.250.280.110.290.150.180.680.160.140.310.220.410.430.190.730.57-0.85
0.530.47-0.450.50.50.540.270.580.450.380.410.340.30.590.410.780.40.370.730.94-0.75
0.520.47-0.470.530.50.550.290.580.480.380.270.340.30.580.410.770.270.370.570.94-0.59
-0.29-0.270.32-0.17-0.26-0.29-0.12-0.3-0.22-0.19-0.7-0.17-0.15-0.32-0.23-0.47-0.44-0.2-0.85-0.75-0.59
Click cells to compare fundamentals

Giga Current Liabilities 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 liabilities 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 liabilities as a starting point in their analysis.
   Giga Media Current Liabilities   
       Timeline  
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

Giga Total Current Liabilities

Total Current Liabilities

2.66 Million

At this time, Giga Media's Total Current Liabilities is very stable compared to the past year.
In accordance with the recently published financial statements, Giga Media has a Current Liabilities of 23.06 M. This is 99.96% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The current liabilities for all United States stocks is 99.71% higher than that of the company.

Did you try this?

Run Companies Directory Now

   

Companies Directory

Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
All  Next Launch Module

Giga Fundamentals

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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Giga Media is a strong investment it is important to analyze Giga Media's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Giga Media's future performance. For an informed investment choice regarding Giga Stock, refer to the following important reports:
Check 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Bonds Directory
Find actively traded corporate debentures issued by US companies
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Transaction History
View history of all your transactions and understand their impact on performance
Global Correlations
Find global opportunities by holding instruments from different markets
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
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.