GSI Common Stock Shares Outstanding vs Non Current Assets Total Analysis

GSIT Stock  USD 2.70  0.14  5.47%   
GSI Technology financial indicator trend analysis is much more than just examining GSI Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GSI Technology is a good investment. Please check the relationship between GSI Technology Common Stock Shares Outstanding and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GSI Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy GSI Stock please use our How to Invest in GSI Technology guide.

Common Stock Shares Outstanding vs Non Current Assets Total

Common Stock Shares Outstanding vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GSI Technology Common Stock Shares Outstanding account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between GSI Technology's Common Stock Shares Outstanding and Non Current Assets Total is 0.62. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of GSI Technology, assuming nothing else is changed. The correlation between historical values of GSI Technology's Common Stock Shares Outstanding and Non Current Assets Total 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 Shares Outstanding of GSI Technology are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Shares Outstanding i.e., GSI Technology's Common Stock Shares Outstanding and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from GSI Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GSI Technology 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 GSI Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy GSI Stock please use our How to Invest in GSI Technology guide.At this time, GSI Technology's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 117.6 K in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (3.64).
 2021 2022 2023 2024 (projected)
Gross Profit18.5M17.7M11.8M11.2M
Total Revenue33.4M29.7M21.8M39.8M

GSI Technology fundamental ratios Correlations

0.330.881.00.940.44-0.760.910.840.750.970.040.930.830.520.58-0.180.520.20.290.61-0.40.990.51-0.020.93
0.330.440.330.33-0.41-0.680.26-0.090.680.280.310.490.00.430.47-0.2-0.3-0.20.170.23-0.070.360.430.310.14
0.880.440.880.820.48-0.590.750.80.580.89-0.120.770.80.60.71-0.420.580.310.310.56-0.190.850.60.090.8
1.00.330.880.930.43-0.760.890.840.750.970.030.930.830.550.62-0.230.520.240.330.57-0.350.990.55-0.040.92
0.940.330.820.930.3-0.740.860.820.730.920.040.870.750.450.53-0.130.520.070.290.58-0.340.920.440.060.83
0.44-0.410.480.430.30.150.510.64-0.170.53-0.480.20.720.010.06-0.050.730.42-0.180.42-0.250.390.01-0.170.58
-0.76-0.68-0.59-0.76-0.740.15-0.71-0.38-1.0-0.64-0.49-0.92-0.38-0.41-0.460.040.070.26-0.25-0.460.43-0.81-0.41-0.1-0.62
0.910.260.750.890.860.51-0.710.720.690.870.040.880.810.160.250.140.45-0.02-0.10.76-0.630.920.16-0.060.91
0.84-0.090.80.840.820.64-0.380.720.360.85-0.270.670.840.440.5-0.30.740.390.350.43-0.220.810.44-0.090.87
0.750.680.580.750.73-0.17-1.00.690.360.630.50.910.360.430.46-0.04-0.09-0.260.260.44-0.420.80.420.110.61
0.970.280.890.970.920.53-0.640.870.850.63-0.080.830.850.550.62-0.20.640.30.30.61-0.30.930.540.030.87
0.040.31-0.120.030.04-0.48-0.490.04-0.270.5-0.080.24-0.270.01-0.020.25-0.42-0.330.030.09-0.230.10.01-0.1-0.1
0.930.490.770.930.870.2-0.920.880.670.910.830.240.650.450.51-0.090.19-0.060.240.58-0.470.960.450.010.88
0.830.00.80.830.750.72-0.380.810.840.360.85-0.270.650.280.41-0.180.780.430.060.6-0.340.810.28-0.120.84
0.520.430.60.550.450.01-0.410.160.440.430.550.010.450.280.96-0.760.20.510.86-0.150.410.491.00.020.34
0.580.470.710.620.530.06-0.460.250.50.460.62-0.020.510.410.96-0.770.310.530.77-0.020.370.550.960.030.4
-0.18-0.2-0.42-0.23-0.13-0.050.040.14-0.3-0.04-0.20.25-0.09-0.18-0.76-0.77-0.25-0.57-0.70.5-0.65-0.16-0.760.24-0.09
0.52-0.30.580.520.520.730.070.450.74-0.090.64-0.420.190.780.20.31-0.250.630.120.35-0.010.440.2-0.150.47
0.2-0.20.310.240.070.420.26-0.020.39-0.260.3-0.33-0.060.430.510.53-0.570.630.4-0.140.390.150.51-0.290.16
0.290.170.310.330.29-0.18-0.25-0.10.350.260.30.030.240.060.860.77-0.70.120.4-0.410.470.270.860.10.12
0.610.230.560.570.580.42-0.460.760.430.440.610.090.580.6-0.15-0.020.50.35-0.14-0.41-0.720.59-0.160.30.62
-0.4-0.07-0.19-0.35-0.34-0.250.43-0.63-0.22-0.42-0.3-0.23-0.47-0.340.410.37-0.65-0.010.390.47-0.72-0.430.42-0.26-0.47
0.990.360.850.990.920.39-0.810.920.810.80.930.10.960.810.490.55-0.160.440.150.270.59-0.430.49-0.040.94
0.510.430.60.550.440.01-0.410.160.440.420.540.010.450.281.00.96-0.760.20.510.86-0.160.420.490.020.34
-0.020.310.09-0.040.06-0.17-0.1-0.06-0.090.110.03-0.10.01-0.120.020.030.24-0.15-0.290.10.3-0.26-0.040.02-0.1
0.930.140.80.920.830.58-0.620.910.870.610.87-0.10.880.840.340.4-0.090.470.160.120.62-0.470.940.34-0.1
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GSI Technology Account Relationship Matchups

GSI Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets102.6M87.6M76.4M59.9M42.5M40.3M
Other Current Liab6.6M5.3M6.7M4.8M4.1M4.6M
Total Current Liabilities8.3M7.5M8.9M7.2M5.4M7.6M
Total Stockholder Equity89.6M75.6M63.1M51.4M36.0M34.2M
Property Plant And Equipment Net8.1M7.3M7.4M7.4M2.7M2.6M
Net Debt(50.9M)(43.5M)(36.1M)(27.0M)(12.9M)(13.6M)
Retained Earnings49.4M27.9M11.5M(4.5M)(24.6M)(23.3M)
Accounts Payable1.2M1.6M1.5M1.6M668K634.6K
Cash51.5M44.2M37.0M27.2M14.4M13.7M
Non Current Assets Total23.4M24.2M21.7M18.0M12.4M11.7M
Non Currrent Assets Other11.2M11.0M1.0M810K122K115.9K
Cash And Short Term Investments66.6M54.0M44.0M30.6M14.4M13.7M
Net Receivables6.3M3.7M4.5M3.5M3.3M5.5M
Common Stock Shares Outstanding23.0M23.7M24.3M24.6M25.1M25.6M
Liabilities And Stockholders Equity102.6M87.6M76.4M59.9M42.5M40.3M
Non Current Liabilities Total4.7M4.6M4.4M1.3M1.1M1.1M
Inventory4.3M4.3M4.7M6.4M5.0M8.5M
Other Current Assets1.9M875K294K489K7.4M7.7M
Other Stockholder Equity40.2M47.7M53.1M56.0M60.6M33.1M
Total Liab12.9M12.0M13.3M8.5M6.5M11.0M
Property Plant And Equipment Gross8.7M8.0M7.4M33.0M25.6M26.8M
Total Current Assets79.1M63.4M54.7M41.9M30.1M28.6M
Accumulated Other Comprehensive Income71K(20K)(154K)(127K)(87K)(91.4K)
Other Assets128K135K11.0M126K144.9K137.7K
Short Term Investments19.3M15.1M9.7M7.0M3.4M0.0
Property Plant Equipment8.1M7.3M7.4M7.4M8.5M8.8M
Other Liab4.5M4.2M4.4M1.1M1.2M1.2M
Intangible Assets2.5M2.3M2.0M1.8M1.6M2.0M
Net Tangible Assets79.2M65.4M63.1M41.6M37.4M69.7M
Retained Earnings Total Equity49.4M27.9M11.5M(4.5M)(4.0M)(3.8M)
Capital Surpluse40.2M47.7M53.1M56.0M64.3M45.7M
Long Term Investments7.9M9.0M4.1M5.8M3.3M0.0
Non Current Liabilities Other4.7M4.6M4.4M1.3M160K152K
Net Invested Capital89.6M75.6M64.5M51.4M36.0M56.8M

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Additional Tools for GSI Stock Analysis

When running GSI Technology's price analysis, check to measure GSI Technology'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 GSI Technology is operating at the current time. Most of GSI Technology's value examination focuses on studying past and present price action to predict the probability of GSI Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GSI Technology's price. Additionally, you may evaluate how the addition of GSI Technology to your portfolios can decrease your overall portfolio volatility.