Giga Common Stock vs Short Term Debt Analysis

GIGM Stock

USD 1.35 0.02 1.46%

Giga Media financial indicator trend analysis is much more than just examining Giga Media latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Giga Media is a good investment. Please check the relationship between Giga Media Common Stock and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga Media. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.

Common Stock vs Short Term Debt

Common Stock vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Giga Media Common Stock account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Giga Media's Common Stock and Short Term Debt is -0.23. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Giga Media, assuming nothing else is changed. The correlation between historical values of Giga Media's Common Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Giga Media are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock i.e., Giga Media's Common Stock and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Common Stock

Short Term Debt

Most indicators from Giga Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Giga Media 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga Media. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.At this time, Giga Media's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 27th of April 2024, Enterprise Value Multiple is likely to grow to 7.79, while Selling General Administrative is likely to drop about 3.1 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	6.9M	6.3M	5.6M	5.3M
Cost Of Revenue	2.6M	2.3M	1.8M	1.8M

Total Operating Expenses Cost Of Revenue

Giga Media fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.7	0.55	0.99	-0.26	0.92	0.39	0.85	0.94	-0.3	0.82	0.72	0.52	0.95	0.68	-0.63	0.9	0.29	0.7	0.86	0.86	0.54	0.95	0.95	-0.3	0.93
Other Current Liab	0.7		0.91	0.61	-0.18	0.41	0.0	0.6	0.68	0.22	0.9	0.46	0.84	0.49	0.96	-0.44	0.37	0.68	0.8	0.55	0.67	0.91	0.52	0.67	0.0	0.42
Total Current Liabilities	0.55	0.91		0.43	-0.32	0.23	-0.11	0.58	0.55	0.4	0.76	0.17	0.82	0.35	0.85	-0.45	0.2	0.73	0.67	0.31	0.47	1.0	0.37	0.45	0.14	0.24
Total Stockholder Equity	0.99	0.61	0.43		-0.24	0.95	0.44	0.82	0.93	-0.39	0.76	0.75	0.43	0.97	0.6	-0.61	0.94	0.19	0.65	0.88	0.85	0.42	0.97	0.96	-0.34	0.97
Other Liab	-0.26	-0.18	-0.32	-0.24		-0.09	0.07	-0.09	-0.27	-0.11	-0.3	0.06	-0.34	-0.19	-0.22	0.41	-0.13	0.29	-0.27	-0.07	-0.14	-0.28	-0.19	-0.22	-0.26	-0.13
Property Plant And Equipment Net	0.92	0.41	0.23	0.95	-0.09		0.58	0.8	0.87	-0.56	0.59	0.69	0.21	0.96	0.39	-0.5	0.99	0.11	0.49	0.85	0.8	0.22	0.96	0.88	-0.49	0.99
Net Debt	0.39	0.0	-0.11	0.44	0.07	0.58		0.32	0.38	-0.89	0.25	0.49	-0.03	0.45	-0.09	0.06	0.63	-0.03	0.03	0.55	0.45	-0.1	0.45	0.42	-0.63	0.55
Retained Earnings	0.85	0.6	0.58	0.82	-0.09	0.8	0.32		0.78	-0.15	0.62	0.46	0.36	0.85	0.5	-0.45	0.78	0.4	0.43	0.73	0.62	0.58	0.85	0.74	-0.46	0.81
Accounts Payable	0.94	0.68	0.55	0.93	-0.27	0.87	0.38	0.78		-0.29	0.74	0.58	0.43	0.91	0.7	-0.57	0.87	0.31	0.74	0.73	0.88	0.55	0.92	0.83	-0.29	0.89
Cash	-0.3	0.22	0.4	-0.39	-0.11	-0.56	-0.89	-0.15	-0.29		-0.09	-0.48	0.22	-0.39	0.24	-0.06	-0.6	0.28	0.04	-0.46	-0.38	0.39	-0.37	-0.37	0.49	-0.54
Non Current Assets Total	0.82	0.9	0.76	0.76	-0.3	0.59	0.25	0.62	0.74	-0.09		0.64	0.84	0.61	0.86	-0.52	0.55	0.48	0.79	0.75	0.79	0.75	0.64	0.85	-0.07	0.6
Non Currrent Assets Other	0.72	0.46	0.17	0.75	0.06	0.69	0.49	0.46	0.58	-0.48	0.64		0.37	0.68	0.44	-0.25	0.72	0.08	0.46	0.88	0.67	0.16	0.7	0.85	-0.41	0.72
Other Assets	0.52	0.84	0.82	0.43	-0.34	0.21	-0.03	0.36	0.43	0.22	0.84	0.37		0.27	0.76	-0.58	0.17	0.48	0.56	0.4	0.39	0.81	0.29	0.56	0.27	0.21
Cash And Short Term Investments	0.95	0.49	0.35	0.97	-0.19	0.96	0.45	0.85	0.91	-0.39	0.61	0.68	0.27		0.47	-0.57	0.97	0.13	0.52	0.83	0.77	0.34	1.0	0.88	-0.45	0.98
Net Receivables	0.68	0.96	0.85	0.6	-0.22	0.39	-0.09	0.5	0.7	0.24	0.86	0.44	0.76	0.47		-0.45	0.34	0.67	0.92	0.48	0.74	0.85	0.5	0.64	0.13	0.4
Common Stock Shares Outstanding	-0.63	-0.44	-0.45	-0.61	0.41	-0.5	0.06	-0.45	-0.57	-0.06	-0.52	-0.25	-0.58	-0.57	-0.45		-0.46	-0.1	-0.39	-0.29	-0.34	-0.43	-0.56	-0.55	-0.38	-0.5
Short Term Investments	0.9	0.37	0.2	0.94	-0.13	0.99	0.63	0.78	0.87	-0.6	0.55	0.72	0.17	0.97	0.34	-0.46		0.04	0.44	0.85	0.77	0.19	0.96	0.86	-0.54	0.99
Non Current Liabilities Total	0.29	0.68	0.73	0.19	0.29	0.11	-0.03	0.4	0.31	0.28	0.48	0.08	0.48	0.13	0.67	-0.1	0.04		0.58	0.14	0.44	0.77	0.16	0.2	0.09	0.09
Inventory	0.7	0.8	0.67	0.65	-0.27	0.49	0.03	0.43	0.74	0.04	0.79	0.46	0.56	0.52	0.92	-0.39	0.44	0.58		0.48	0.87	0.68	0.56	0.65	0.12	0.49
Other Current Assets	0.86	0.55	0.31	0.88	-0.07	0.85	0.55	0.73	0.73	-0.46	0.75	0.88	0.4	0.83	0.48	-0.29	0.85	0.14	0.48		0.76	0.3	0.85	0.94	-0.59	0.87
Other Stockholder Equity	0.86	0.67	0.47	0.85	-0.14	0.8	0.45	0.62	0.88	-0.38	0.79	0.67	0.39	0.77	0.74	-0.34	0.77	0.44	0.87	0.76		0.48	0.8	0.83	-0.28	0.8
Total Liab	0.54	0.91	1.0	0.42	-0.28	0.22	-0.1	0.58	0.55	0.39	0.75	0.16	0.81	0.34	0.85	-0.43	0.19	0.77	0.68	0.3	0.48		0.36	0.44	0.14	0.24
Total Current Assets	0.95	0.52	0.37	0.97	-0.19	0.96	0.45	0.85	0.92	-0.37	0.64	0.7	0.29	1.0	0.5	-0.56	0.96	0.16	0.56	0.85	0.8	0.36		0.89	-0.45	0.98
Intangible Assets	0.95	0.67	0.45	0.96	-0.22	0.88	0.42	0.74	0.83	-0.37	0.85	0.85	0.56	0.88	0.64	-0.55	0.86	0.2	0.65	0.94	0.83	0.44	0.89		-0.32	0.89
Common Stock	-0.3	0.0	0.14	-0.34	-0.26	-0.49	-0.63	-0.46	-0.29	0.49	-0.07	-0.41	0.27	-0.45	0.13	-0.38	-0.54	0.09	0.12	-0.59	-0.28	0.14	-0.45	-0.32		-0.5
Property Plant Equipment	0.93	0.42	0.24	0.97	-0.13	0.99	0.55	0.81	0.89	-0.54	0.6	0.72	0.21	0.98	0.4	-0.5	0.99	0.09	0.49	0.87	0.8	0.24	0.98	0.89	-0.5

Click cells to compare fundamentals

Giga Media Account Relationship Matchups

Giga Media fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	59.2M	57.0M	55.5M	52.1M	46.1M	43.8M
Other Current Liab	875K	387.7K	783K	1.3M	2.2M	2.1M
Total Current Liabilities	3.6M	2.9M	3.2M	2.6M	2.8M	2.7M
Total Stockholder Equity	55.5M	54.1M	50.9M	48.6M	42.8M	40.7M
Property Plant And Equipment Net	0.0	21.9K	2.1M	102.7K	111K	105.5K
Net Debt	(57.6M)	(45.7M)	(40.0M)	(37.9M)	(38.3M)	(40.2M)
Retained Earnings	(231.0M)	(232.3M)	(235.7M)	(238.4M)	(214.6M)	(225.3M)
Accounts Payable	64K	69.9K	118K	52.7K	44K	41.8K
Cash	57.7M	45.7M	41.5M	38.8M	38.8M	55.6M
Non Current Assets Total	329K	10.5M	12.9M	4.1M	6.5M	6.2M
Non Currrent Assets Other	329K	341.7K	297K	1.8M	1.4M	1.3M
Other Assets	329K	472.4K	2.4M	1.8M	1.0	0.95
Cash And Short Term Investments	57.7M	45.7M	41.5M	46.9M	38.8M	61.0M
Net Receivables	368K	278.2K	265K	573.1K	229K	217.6K
Liabilities And Stockholders Equity	59.2M	57.0M	55.5M	52.1M	46.1M	43.8M
Non Current Liabilities Total	94K	3.1K	1.5M	893.2K	495K	470.3K
Inventory	643K	387.7K	707K	372.9K	1.0	0.95
Other Current Assets	139K	157.0K	155K	135.6K	535K	508.3K
Other Stockholder Equity	(22.2M)	(137.0)	50.6M	612.0	550.8	523.26
Total Liab	3.7M	2.9M	4.7M	3.5M	3.3M	3.1M
Total Current Assets	58.9M	46.5M	42.6M	48.0M	39.5M	70.4M
Accumulated Other Comprehensive Income	(22.2M)	(22.4M)	(22.2M)	(21.7M)	(19.5M)	(18.6M)
Intangible Assets	15.6K	4K	12K	19K	13K	12.4K
Common Stock	308.7M	308.8M	308.8M	308.8M	42.8M	40.7M
Property Plant Equipment	111.8K	21.9K	87.8K	102.7K	92.5K	87.8K
Common Stock Total Equity	308.7M	308.8M	308.8M	308.8M	355.1M	268.4M
Property Plant And Equipment Gross	0.0	22K	2.1M	1.4M	1.3M	1.2M
Short Term Debt	1.3M	1.5M	1.4M	440K	396K	376.2K
Current Deferred Revenue	1.4M	949.9K	880K	817.4K	573K	544.4K
Net Tangible Assets	55.5M	54.1M	50.6M	48.6M	43.7M	49.6M
Net Invested Capital	55.5M	54.1M	50.9M	48.6M	43.7M	43.8M

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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:

How To Invest In Giga

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Is Giga Stock a good investment?

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What is Giga Media's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga Media. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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.

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Giga Common Stock vs Short Term Debt Analysis

Common Stock vs Short Term Debt

Common Stock vs Short Term Debt Correlation Analysis

Correlation Coefficient

Common Stock

Short Term Debt

Giga Media fundamental ratios Correlations

Giga Media Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Giga Media fundamental ratios Accounts

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

Complementary Tools for Giga Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Stockholder Equity	+ 0.99	Total Assets
Short Term Investments	+ 0.99	Property Plant And Equipment Net
Property Plant Equipment	+ 0.99	Property Plant And Equipment Net
Property Plant Equipment	+ 0.99	Short Term Investments

Cash	- 0.89	Net Debt
Common Stock	- 0.63	Net Debt
Common Stock Shares Outstanding	- 0.63	Total Assets
Common Stock Shares Outstanding	- 0.61	Total Stockholder Equity
Short Term Investments	- 0.6	Cash
Common Stock	- 0.59	Other Current Assets