Giga Media Financials

GIGM Stock  USD 1.46  0.01  0.68%   
Based on the key measurements obtained from Giga Media's financial statements, Giga Media may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Giga Media's Cash is very stable compared to the past year. As of the 17th of December 2024, Cash And Short Term Investments is likely to grow to about 61 M, while Other Current Liabilities is likely to drop about 1.8 M. Key indicators impacting Giga Media's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.04540.0478
Notably Down
Slightly volatile
Current Ratio16.7115.9119
Sufficiently Up
Slightly volatile
The financial analysis of Giga Media is a critical element in measuring its lifeblood. Investors should not minimize Giga Media's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(3.57 Million)

  
Understanding current and past Giga Media Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Giga Media's financial statements are interrelated, with each one affecting the others. For example, an increase in Giga Media's assets may result in an increase in income on the income statement.

Giga Media Stock Summary

Giga Media competes with SohuCom, Snail,, Playstudios, Playtika Holding, and Doubledown Interactive. GigaMedia Limited, together with its subsidiaries, provides digital entertainment services in Taiwan and Hong Kong. GigaMedia Limited was founded in 1998 and is headquartered in Taipei, Taiwan. Gigamedia operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 123 people.
Specialization
Communication Services, Electronic Gaming & Multimedia
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINSG9999014831
CUSIPY2711Y112 Y2711Y104
LocationTaiwan
Business AddressNo 22, Tiding
SectorEntertainment
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.gigamedia.com
Phone886 2 2656 8000
CurrencyUSD - US Dollar

Giga Media Key Financial Ratios

Giga Media Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets59.2M57.0M55.5M52.1M46.5M44.2M
Other Current Liab875K1.9M2.2M1.8M1.8M1.8M
Net Debt(57.6M)(45.7M)(40.0M)(37.9M)(38.0M)(39.9M)
Retained Earnings(231.0M)(232.3M)(235.7M)(238.4M)(241.8M)(253.9M)
Accounts Payable64K70K118K53K44K41.8K
Cash57.7M45.7M41.5M38.8M38.5M55.6M
Other Assets329K472.4K2.4M1.8M1.00.95
Net Receivables368K278K265K573K229K217.6K
Inventory643K387.7K707K372.9K1.00.95
Other Current Assets121K139K245K862K195K185.3K
Total Liab3.7M2.9M4.7M3.5M3.0M2.8M
Total Current Assets58.9M46.5M42.6M48.0M39.2M70.4M
Intangible Assets15.6K4K12K19K37K35.2K
Common Stock308.7M308.8M308.8M308.8M355.1M247.5M
Short Term Debt1.3M1.5M1.4M440K475K451.3K
Net Tangible Assets55.5M54.1M50.6M48.6M43.7M49.6M
Net Invested Capital55.5M54.1M50.9M48.6M43.5M42.5M

Giga Media Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.5M613K252K37.9K43.6K41.4K
Total Revenue6.6M6.9M5.5M5.6M4.3M4.1M
Gross Profit3.6M3.9M2.9M3.3M2.4M2.3M
Operating Income(2.8M)(2.2M)(4.0M)(3.0M)(3.2M)(3.3M)
Ebit(2.8M)(2.2M)(4.0M)(3.0M)(3.2M)(3.3M)
Research Development1.2M1.3M1.4M1.1M729K692.6K
Ebitda(1.3M)(2.1M)(4.0M)(3.0M)(3.1M)(3.3M)
Cost Of Revenue3.1M3.0M2.6M2.3M1.8M1.8M
Income Before Tax(1.7M)(1.3M)(3.4M)(3.1M)(3.4M)(3.6M)
Net Income(1.6M)(473.7K)(2.9M)(3.1M)(3.4M)(3.6M)
Income Tax Expense(59K)(819.7K)(492K)263.0(111.9K)(117.5K)
Interest Income1.5M613.0K291.8K718.3K1.6M2.3M
Net Interest Income1.5M613.0K291.8K718.3K1.6M939.6K

Giga Media Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(4.4M)(1.6M)(12.3M)(4.2M)(324K)(307.8K)
Free Cash Flow(4.0M)(1.6M)(2.1M)(4.2M)(1.3M)(1.3M)
Depreciation55K136K108K8K20K52.3K
Other Non Cash Items267K96K5K(118K)2.0M2.1M
Capital Expenditures127K62K32K93K58K55.1K
Net Income(3.2M)(1.7M)(1.3M)(3.4M)(3.4M)(3.6M)
End Period Cash Flow59.8M58.3M46.0M41.8M38.8M55.6M
Investments(90K)(73K)(10.0M)80K837K1.5M
Change To Netincome270K330K6K(118K)(106.2K)(100.9K)

Giga Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Giga Media's current stock value. Our valuation model uses many indicators to compare Giga Media value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Giga Media competition to find correlations between indicators driving Giga Media's intrinsic value. More Info.
Giga Media is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Giga Media's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Giga Media by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Giga Media Systematic Risk

Giga Media's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Giga Media volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Giga Media correlated with the market. If Beta is less than 0 Giga Media generally moves in the opposite direction as compared to the market. If Giga Media Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Giga Media is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Giga Media is generally in the same direction as the market. If Beta > 1 Giga Media moves generally in the same direction as, but more than the movement of the benchmark.

Giga Media Thematic Clasifications

Giga Media is part of several thematic ideas from Social Domain to Online Gaming. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
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 decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Giga Media growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.4)

At this time, Giga Media's Price Earnings To Growth Ratio is very stable compared to the past year.

Giga Media December 17, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Giga Media help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Giga Media. We use our internally-developed statistical techniques to arrive at the intrinsic value of Giga Media based on widely used predictive technical indicators. In general, we focus on analyzing Giga Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Giga Media's daily price indicators and compare them against related drivers.
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 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 closely tied 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.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Interactive Home Entertainment space 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
(0.36)
Revenue Per Share
0.279
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.05)
Return On Equity
(0.09)
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.