Global Net Tangible Assets vs Deferred Long Term Liab Analysis
GLBE Stock | USD 30.69 1.56 5.36% |
Global E financial indicator trend analysis is much more than just examining Global E Online latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global E Online is a good investment. Please check the relationship between Global E Net Tangible Assets and its Deferred Long Term Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global E Online. 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 labor statistics.
Net Tangible Assets vs Deferred Long Term Liab
Net Tangible Assets vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global E Online Net Tangible Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Global E's Net Tangible Assets and Deferred Long Term Liab is 0.71. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Global E Online, assuming nothing else is changed. The correlation between historical values of Global E's Net Tangible Assets and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Global E Online are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Net Tangible Assets i.e., Global E's Net Tangible Assets and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most indicators from Global E's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global E Online 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 E Online. 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 labor statistics. At present, Global E's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 6.5 B, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.6M | 12.1M | 13.9M | 14.6M | Depreciation And Amortization | 331K | 29.4M | 22.2M | 23.3M |
Global E fundamental ratios Correlations
Click cells to compare fundamentals
Global E Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global E fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 619K | 59.5M | 97.6M | 145.0M | 96.8M | 75.0M | |
Total Current Liabilities | 41.8M | 83.9M | 131.6M | 209.6M | 273.5M | 139.5M | |
Net Tangible Assets | (53.0M) | (44.5M) | 499.2M | 179.1M | 206.0M | 117.7M | |
Retained Earnings | (56.6M) | (52.7M) | (127.6M) | (323.0M) | (456.9M) | (434.0M) | |
Accounts Payable | 9.0M | 19.1M | 24.1M | 52.2M | 162.2M | 170.3M | |
Other Assets | 2.4M | 3.3M | 3.7M | 9.0M | 1.0 | 0.95 | |
Net Receivables | 23.6M | 38.1M | 66.8M | 94.5M | 139.1M | 146.0M | |
Common Stock Shares Outstanding | 32.8K | 28.6M | 101.7M | 157.7M | 164.4M | 105.3M | |
Other Current Assets | (1K) | 23.0M | 1.3M | 51.9M | 63.0M | 66.1M | |
Deferred Long Term Liab | 420K | 729K | 1.3M | 1.8M | 2.1M | 2.2M | |
Total Current Assets | 39.3M | 153.1M | 622.5M | 374.7M | 519.5M | 318.1M | |
Property Plant Equipment | 1.9M | 4.9M | 23.4M | 30.0M | 34.5M | 36.2M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Global E Online is a strong investment it is important to analyze Global E'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 Global E's future performance. For an informed investment choice regarding Global 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 Global E Online. 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 labor statistics. Note that the Global E Online information on this page should be used as a complementary analysis to other Global E's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Global Stock analysis
When running Global E's price analysis, check to measure Global E'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 Global E is operating at the current time. Most of Global E's value examination focuses on studying past and present price action to predict the probability of Global E's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global E's price. Additionally, you may evaluate how the addition of Global E to your portfolios can decrease your overall portfolio volatility.
Commodity Directory Find actively traded commodities issued by global exchanges | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |
Is Global E'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 E. 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 E listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.81) | Revenue Per Share 3.468 | Quarterly Revenue Growth 0.326 | Return On Assets (0.07) | Return On Equity (0.15) |
The market value of Global E Online 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 E's value that differs from its market value or its book value, called intrinsic value, which is Global E'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 E's market value can be influenced by many factors that don't directly affect Global E'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 E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global E'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.