Giga Media Stock Cash And Equivalents
| GIGM Stock | USD 1.49 0.06 4.20% |
Fundamental analysis of Giga Media allows traders to better anticipate movements in Giga Media's stock price by examining its financial health and performance throughout various phases of its business cycle.
Giga | Cash And Equivalents | Build AI portfolio with Giga Stock |
Giga Media Company Cash And Equivalents Analysis
Giga Media's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Giga Media Cash And Equivalents | 39.32 M |
Most of Giga Media's fundamental indicators, such as Cash And Equivalents, 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 Cash And Equivalents 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 Cash And Equivalents. 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.
Click cells to compare fundamentals
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, Giga Media has 39.32 M in Cash And Equivalents. This is 98.73% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The cash and equivalents for all United States stocks is 98.54% higher than that of the company.
Giga Cash And Equivalents 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 Cash And Equivalents 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 cash and equivalents category among its peers.
Giga Fundamentals
| Return On Equity | -0.0501 | ||||
| Return On Asset | -0.0509 | ||||
| Profit Margin | (0.67) % | ||||
| Operating Margin | (1.13) % | ||||
| Current Valuation | (18.89 M) | ||||
| Shares Outstanding | 11.05 M | ||||
| Shares Owned By Insiders | 45.55 % | ||||
| Shares Owned By Institutions | 4.68 % | ||||
| Number Of Shares Shorted | 22.62 K | ||||
| Price To Earning | 31.11 X | ||||
| Price To Book | 0.40 X | ||||
| Price To Sales | 5.09 X | ||||
| Revenue | 2.97 M | ||||
| Gross Profit | 1.59 M | ||||
| EBITDA | (3.64 M) | ||||
| Net Income | (2.3 M) | ||||
| Cash And Equivalents | 39.32 M | ||||
| Cash Per Share | 3.56 X | ||||
| Total Debt | 84 K | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 13.31 X | ||||
| Book Value Per Share | 3.57 X | ||||
| Cash Flow From Operations | (2.33 M) | ||||
| Short Ratio | 3.76 X | ||||
| Earnings Per Share | (0.19) X | ||||
| Target Price | 1.5 | ||||
| Number Of Employees | 87 | ||||
| Beta | 0.26 | ||||
| Market Capitalization | 15.8 M | ||||
| Total Asset | 42.77 M | ||||
| Retained Earnings | (244.13 M) | ||||
| Working Capital | 33.5 M | ||||
| Current Asset | 82.93 M | ||||
| Current Liabilities | 23.06 M | ||||
| Net Asset | 42.77 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Prophet 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 ProphetCheck 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.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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 (0.19) | Revenue Per Share | Quarterly Revenue Growth 0.185 | Return On Assets | Return On Equity |
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.