Global Cost Of Revenue vs Tax Provision Analysis

GBLI Stock  USD 31.05  0.03  0.1%   
Global Indemnity financial indicator trend analysis is much more than just examining Global Indemnity PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Indemnity PLC is a good investment. Please check the relationship between Global Indemnity Cost Of Revenue and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Indemnity PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Indemnity PLC Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Global Indemnity's Cost Of Revenue and Tax Provision is -0.17. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Global Indemnity PLC, assuming nothing else is changed. The correlation between historical values of Global Indemnity's Cost Of Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Global Indemnity PLC are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., Global Indemnity's Cost Of Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Global Indemnity PLC income statement and represents the costs associated with goods and services Global Indemnity provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Global Indemnity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Indemnity PLC 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 Global Indemnity PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of now, Global Indemnity's Selling General Administrative is increasing as compared to previous years. The Global Indemnity's current Tax Provision is estimated to increase to about 4.3 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Total Revenue678.3M628.5M528.1M472.1M
Interest Expense10.5M3.0M12K11.4K

Global Indemnity fundamental ratios Correlations

0.760.060.530.71-0.19-0.490.24-0.460.30.490.55-0.01-0.540.46-0.83-0.390.510.27-0.2-0.680.37-0.070.0-0.8-0.28
0.760.310.830.620.0-0.530.71-0.750.470.490.07-0.38-0.410.53-0.81-0.750.08-0.280.2-0.70.19-0.24-0.17-0.8-0.55
0.060.310.58-0.30.480.020.7-0.080.610.03-0.18-0.95-0.57-0.050.17-0.750.12-0.370.690.050.55-0.98-0.860.180.34
0.530.830.580.430.3-0.430.7-0.670.650.18-0.22-0.65-0.430.19-0.54-0.83-0.09-0.420.61-0.550.23-0.5-0.44-0.53-0.4
0.710.62-0.30.43-0.1-0.64-0.05-0.640.060.080.150.170.070.2-0.9-0.26-0.040.19-0.33-0.73-0.250.380.38-0.85-0.67
-0.190.00.480.3-0.1-0.070.22-0.270.21-0.13-0.21-0.58-0.03-0.080.05-0.48-0.11-0.010.330.31-0.19-0.41-0.510.06-0.05
-0.49-0.530.02-0.43-0.64-0.07-0.290.48-0.430.110.00.040.080.00.570.28-0.070.030.030.510.15-0.07-0.020.490.49
0.240.710.70.7-0.050.22-0.29-0.40.60.34-0.2-0.73-0.430.34-0.2-0.770.0-0.60.59-0.190.33-0.65-0.56-0.22-0.15
-0.46-0.75-0.08-0.67-0.64-0.270.48-0.4-0.15-0.37-0.020.270.13-0.530.790.650.120.1-0.080.660.23-0.01-0.020.790.7
0.30.470.610.650.060.21-0.430.6-0.15-0.12-0.25-0.54-0.55-0.16-0.1-0.460.16-0.470.59-0.140.55-0.6-0.48-0.050.02
0.490.490.030.180.08-0.130.110.34-0.37-0.120.540.0-0.370.95-0.48-0.270.370.09-0.2-0.30.18-0.04-0.1-0.56-0.19
0.550.07-0.18-0.220.15-0.210.0-0.2-0.02-0.250.540.31-0.420.46-0.30.10.880.81-0.52-0.170.370.090.2-0.30.27
-0.01-0.38-0.95-0.650.17-0.580.04-0.730.27-0.540.00.310.380.0-0.060.860.070.43-0.680.04-0.330.890.77-0.07-0.13
-0.54-0.41-0.57-0.430.07-0.030.08-0.430.13-0.55-0.37-0.420.38-0.210.140.37-0.67-0.07-0.290.1-0.830.670.550.12-0.38
0.460.53-0.050.190.2-0.080.00.34-0.53-0.160.950.460.0-0.21-0.58-0.330.250.06-0.28-0.410.010.060.04-0.66-0.37
-0.83-0.810.17-0.54-0.90.050.57-0.20.79-0.1-0.48-0.3-0.060.14-0.580.43-0.1-0.130.290.780.13-0.24-0.220.990.71
-0.39-0.75-0.75-0.83-0.26-0.480.28-0.770.65-0.46-0.270.10.860.37-0.330.430.010.3-0.470.42-0.210.660.540.430.24
0.510.080.12-0.09-0.04-0.11-0.070.00.120.160.370.880.07-0.670.25-0.10.010.63-0.22-0.040.68-0.24-0.05-0.070.49
0.27-0.28-0.37-0.420.19-0.010.03-0.60.1-0.470.090.810.43-0.070.06-0.130.30.63-0.62-0.010.030.30.35-0.10.26
-0.20.20.690.61-0.330.330.030.59-0.080.59-0.2-0.52-0.68-0.29-0.280.29-0.47-0.22-0.620.070.32-0.67-0.570.30.16
-0.68-0.70.05-0.55-0.730.310.51-0.190.66-0.14-0.3-0.170.040.1-0.410.780.42-0.04-0.010.07-0.01-0.11-0.220.760.54
0.370.190.550.23-0.25-0.190.150.330.230.550.180.37-0.33-0.830.010.13-0.210.680.030.32-0.01-0.66-0.360.160.65
-0.07-0.24-0.98-0.50.38-0.41-0.07-0.65-0.01-0.6-0.040.090.890.670.06-0.240.66-0.240.3-0.67-0.11-0.660.86-0.26-0.47
0.0-0.17-0.86-0.440.38-0.51-0.02-0.56-0.02-0.48-0.10.20.770.550.04-0.220.54-0.050.35-0.57-0.22-0.360.86-0.21-0.27
-0.8-0.80.18-0.53-0.850.060.49-0.220.79-0.05-0.56-0.3-0.070.12-0.660.990.43-0.07-0.10.30.760.16-0.26-0.210.73
-0.28-0.550.34-0.4-0.67-0.050.49-0.150.70.02-0.190.27-0.13-0.38-0.370.710.240.490.260.160.540.65-0.47-0.270.73
Click cells to compare fundamentals

Global Indemnity Account Relationship Matchups

Global Indemnity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B1.9B2.0B1.8B1.7B1.7B
Total Stockholder Equity726.8M718.3M706.6M626.2M648.8M738.3M
Other Assets(978.8M)(869.4M)(839.2M)(1.0B)(934.4M)(887.7M)
Common Stock Shares Outstanding14.3M14.3M14.7M14.5M13.7M19.4M
Liabilities And Stockholders Equity2.1B1.9B2.0B1.8B1.7B1.7B
Other Stockholder Equity438.4M445.1M446.9M431.8M454.8M461.1M
Total Liab296.6M126.3M145.5M1.2B1.1B1.1B
Other Liab409.6M759.9M808.8M548.2M493.4M618.8M
Retained Earnings270.8M235.0M249.3M233.5M245.0M282.8M
Accounts Payable20.4M8.9M35.3M17.2M2.6M2.5M
Cash44.3M67.4M78.3M38.8M38.0M36.1M
Short Term Investments1.3B1.2B1.2B1.2B660.1M758.0M
Net Debt252.4M58.9M67.2M(23.1M)(25.3M)(24.0M)
Non Current Assets Total1.5B1.3B1.3B1.3B836.5M849.8M
Non Currrent Assets Other(1.5B)(1.3B)(37.3M)(47.1M)719.0M754.9M
Cash And Short Term Investments1.3B1.3B1.3B1.3B1.3B947.6M
Net Receivables213.0M198.1M228.3M254.5M186.5M177.1M
Total Current Assets1.5B1.5B1.5B1.5B906.6M712.6M
Accumulated Other Comprehensive Income17.6M34.3M6.4M(43.1M)(22.9M)(21.7M)
Short Long Term Debt Total296.6M126.3M145.5M15.7M12.7M12.1M
Long Term Debt288.6M296.6M126.3M126.4M145.4M154.8M
Non Current Liabilities Total296.6M126.3M145.5M1.1B239.5M473.6M
Other Current Liab631.0M667.5M760.7M832.5M852.2M894.8M
Total Current Liabilities651.4M676.4M796.0M47.1M854.8M897.6M
Intangible Assets21.5M21.0M20.3M14.8M14.5M15.6M
Other Current Assets341.5M369.2M438.6M443.4M906.6M951.9M
Retained Earnings Total Equity270.8M235.0M249.3M233.5M210.1M225.3M
Inventory(341.5M)(369.2M)(438.6M)(443.4M)(140.2M)(147.2M)
Net Tangible Assets698.8M686.8M677.0M602.6M542.3M579.1M
Long Term Debt Total288.6M296.6M126.3M126.4M145.4M213.5M
Capital Surpluse442.4M445.1M447.4M451.3M406.2M375.8M
Long Term Investments1.6B1.4B1.3B1.3B1.3B1.1B
Non Current Liabilities Other1.1B1.1B1.2B1.2B1.4B1.1B
Short Term Debt10.3M126.3K145.5M849.7M977.2M1.0B

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When determining whether Global Indemnity PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Indemnity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global Indemnity Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Indemnity Plc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Indemnity PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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Is Global Indemnity'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 Global Indemnity. If investors know Global 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 Global Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.824
Dividend Share
1.1
Earnings Share
2.52
Revenue Per Share
36.215
Quarterly Revenue Growth
(0.26)
The market value of Global Indemnity PLC is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Global Indemnity'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 Global Indemnity's market value can be influenced by many factors that don't directly affect Global Indemnity'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 Global Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Indemnity'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.