Gilat Cash vs Total Current Liabilities Analysis
GILT Stock | USD 5.31 0.01 0.19% |
Gilat Satellite financial indicator trend analysis is much more than just examining Gilat Satellite Networks latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gilat Satellite Networks is a good investment. Please check the relationship between Gilat Satellite Cash and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gilat Satellite Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Cash vs Total Current Liabilities
Cash vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gilat Satellite Networks Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gilat Satellite's Cash and Total Current Liabilities is 0.43. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Gilat Satellite Networks, assuming nothing else is changed. The correlation between historical values of Gilat Satellite's Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Gilat Satellite Networks are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Gilat Satellite's Cash and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Gilat Satellite Networks, which is listed under current asset account on Gilat Satellite Networks balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gilat Satellite customers. The amounts must be unrestricted with restricted cash listed in a different Gilat Satellite account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Current Liabilities
Total Current Liabilities is an item on Gilat Satellite balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gilat Satellite Networks are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Gilat Satellite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gilat Satellite Networks 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 Gilat Satellite Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Gilat Satellite's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 16.9 M in 2024, whereas Enterprise Value is likely to drop slightly above 211.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 71.6M | 86.9M | 104.9M | 77.0M | Total Revenue | 218.8M | 239.8M | 266.1M | 233.6M |
Gilat Satellite fundamental ratios Correlations
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Gilat Satellite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gilat Satellite fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 56.0M | 55.6M | 56.4M | 56.6M | 56.7M | 59.5M | |
Total Assets | 391.8M | 393.8M | 353.0M | 385.4M | 426.9M | 431.0M | |
Short Long Term Debt Total | 13.3M | 8.9M | 4.1M | 3.8M | 14.9M | 14.2M | |
Other Current Liab | 66.9M | 94.7M | 62.5M | 72.6M | 68.3M | 50.3M | |
Total Current Liabilities | 121.0M | 147.4M | 109.6M | 125.8M | 126.6M | 107.7M | |
Total Stockholder Equity | 253.6M | 233.8M | 232.1M | 244.1M | 274.7M | 218.9M | |
Property Plant And Equipment Net | 87.8M | 82.1M | 76.9M | 80.5M | 79.4M | 105.0M | |
Net Debt | (61.4M) | (79.9M) | (77.8M) | (82.8M) | (89.8M) | (85.3M) | |
Accounts Payable | 20.7M | 20.5M | 19.8M | 20.7M | 13.9M | 21.8M | |
Cash | 74.8M | 88.8M | 81.9M | 86.6M | 104.7M | 71.1M | |
Non Current Assets Total | 168.4M | 160.4M | 155.8M | 170.4M | 194.6M | 196.4M | |
Cash And Short Term Investments | 74.8M | 88.8M | 84.0M | 86.6M | 104.7M | 76.2M | |
Net Receivables | 71.4M | 69.5M | 63.0M | 75.6M | 73.1M | 82.7M | |
Liabilities And Stockholders Equity | 391.8M | 393.8M | 353.0M | 385.4M | 426.9M | 431.0M | |
Non Current Liabilities Total | 17.3M | 12.6M | 11.3M | 15.5M | 25.6M | 24.3M | |
Inventory | 27.2M | 31.3M | 28.4M | 33.0M | 42.2M | 28.9M | |
Other Stockholder Equity | 927.3M | 928.6M | 929.9M | 932.1M | 937.6M | 694.1M | |
Total Liab | 138.2M | 160.0M | 120.9M | 141.3M | 152.2M | 211.9M | |
Property Plant And Equipment Gross | 87.8M | 82.1M | 76.9M | 80.5M | 199.8M | 107.6M | |
Total Current Assets | 223.5M | 233.4M | 197.2M | 215.1M | 232.3M | 234.5M | |
Accumulated Other Comprehensive Income | (5.0M) | (6.0M) | (6.4M) | (6.8M) | (5.3M) | (5.6M) | |
Short Term Debt | 6.1M | 5.9M | 1.8M | 1.9M | 9.9M | 7.4M | |
Retained Earnings | (671.4M) | (691.4M) | (694.1M) | (683.8M) | (660.3M) | (693.3M) | |
Other Current Assets | 23.0M | 16.6M | 14.6M | 19.3M | 12.3M | 11.6M | |
Non Currrent Assets Other | 124K | 42K | 12K | 16.7M | 23.6M | 37.2M | |
Common Stock Total Equity | 2.6M | 2.6M | 2.6M | 2.6M | 2.4M | 2.3M | |
Common Stock | 2.6M | 2.6M | 2.7M | 2.7M | 2.7M | 2.6M | |
Other Liab | 7.2M | 10.0M | 9.7M | 13.6M | 12.2M | 21.5M | |
Other Assets | 35.6M | 33.8M | 34.8M | 46.1M | 41.5M | 25.1M | |
Long Term Debt | 12.6M | 8.1M | 4M | 2M | 1.8M | 1.7M | |
Property Plant Equipment | 87.8M | 82.1M | 76.9M | 80.5M | 72.4M | 92.8M | |
Current Deferred Revenue | 27.2M | 26.2M | 25.5M | 30.5M | 34.5M | 29.0M | |
Intangible Assets | 1.5M | 1.1M | 640K | 309K | 16.1M | 11.7M | |
Net Tangible Assets | 208.6M | 189.3M | 188.0M | 200.3M | 230.4M | 186.2M | |
Short Long Term Debt | 4.5M | 4.1M | 4M | 7.5M | 6.7M | 6.6M |
Pair Trading with Gilat Satellite
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gilat Satellite position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gilat Satellite will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Gilat Satellite could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gilat Satellite when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gilat Satellite - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gilat Satellite Networks to buy it.
The correlation of Gilat Satellite is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gilat Satellite moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gilat Satellite Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gilat Satellite can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Gilat Stock Analysis
When running Gilat Satellite's price analysis, check to measure Gilat Satellite'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 Gilat Satellite is operating at the current time. Most of Gilat Satellite's value examination focuses on studying past and present price action to predict the probability of Gilat Satellite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gilat Satellite's price. Additionally, you may evaluate how the addition of Gilat Satellite to your portfolios can decrease your overall portfolio volatility.