Global Accounts Payable vs Common Stock Shares Outstanding Analysis

GLP Stock

USD 48.32 1.02 2.07%

Global Partners financial indicator trend analysis is much more than just examining Global Partners LP latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Partners LP is a good investment. Please check the relationship between Global Partners Accounts Payable and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Partners LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Partners LP Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have no relationship.

The correlation between Global Partners' Accounts Payable and Common Stock Shares Outstanding is 0.08. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Global Partners LP, assuming nothing else is changed. The correlation between historical values of Global Partners' Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Global Partners LP are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., Global Partners' Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Global Partners obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Global Partners LP are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock Shares Outstanding

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

Most indicators from Global Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Partners LP 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 Partners LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, Global Partners' Tax Provision is relatively stable compared to the past year. As of 06/09/2024, Enterprise Value Over EBITDA is likely to grow to 14.19, while Selling General Administrative is likely to drop slightly above 141.4 M.

	2021	2022	2023	2024 (projected)
Total Revenue	13.2B	18.9B	16.5B	10.7B
Interest Expense	80.1M	81.3M	85.6M	48.6M

Total Revenue Interest Expense

Global Partners fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Other Current Liab	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments	Inventory	Other Current Assets	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		0.76	0.19	0.76	0.89	0.39	0.74	0.43	-0.63	0.39	0.92	0.99	0.59	0.27	0.58	0.2	0.72	0.35	0.76	0.34	0.45	0.68	0.32	0.75	0.86	0.6
Total Current Liabilities	0.76		0.36	0.44	0.5	0.32	0.4	0.44	-0.87	0.32	0.59	0.78	0.92	0.32	0.37	0.22	0.35	0.8	0.49	0.37	0.8	0.25	0.35	0.48	0.45	0.53
Total Stockholder Equity	0.19	0.36		0.3	-0.13	0.19	0.35	0.14	-0.35	0.19	-0.03	0.1	0.22	0.69	0.47	0.69	0.36	0.43	0.07	0.19	0.13	-0.32	-0.05	0.42	-0.13	0.34
Property Plant And Equipment Net	0.76	0.44	0.3		0.77	0.68	0.99	0.52	-0.34	0.68	0.72	0.74	0.2	0.49	0.92	0.47	0.94	0.01	0.63	0.11	0.13	0.72	-0.04	0.98	0.8	0.68
Net Debt	0.89	0.5	-0.13	0.77		0.42	0.74	0.24	-0.37	0.42	0.92	0.92	0.35	0.1	0.53	-0.06	0.76	-0.03	0.79	0.2	0.31	0.83	0.26	0.71	0.99	0.62
Cash	0.39	0.32	0.19	0.68	0.42		0.68	0.42	-0.17	1.0	0.36	0.44	0.14	0.37	0.8	0.36	0.56	0.12	0.39	-0.29	0.03	0.49	-0.19	0.66	0.46	0.62
Non Current Assets Total	0.74	0.4	0.35	0.99	0.74	0.68		0.48	-0.31	0.68	0.7	0.71	0.15	0.5	0.93	0.49	0.96	-0.02	0.61	0.1	0.08	0.68	-0.02	0.98	0.77	0.67
Non Currrent Assets Other	0.43	0.44	0.14	0.52	0.24	0.42	0.48		-0.43	0.42	0.37	0.39	0.33	0.34	0.51	0.62	0.26	0.37	0.15	-0.05	0.15	0.45	-0.15	0.5	0.23	0.04
Other Assets	-0.63	-0.87	-0.35	-0.34	-0.37	-0.17	-0.31	-0.43		-0.17	-0.45	-0.64	-0.92	-0.36	-0.31	-0.18	-0.27	-0.76	-0.47	-0.62	-0.86	-0.22	-0.29	-0.39	-0.31	-0.45
Cash And Short Term Investments	0.39	0.32	0.19	0.68	0.42	1.0	0.68	0.42	-0.17		0.36	0.44	0.14	0.37	0.8	0.36	0.56	0.12	0.39	-0.29	0.03	0.49	-0.19	0.66	0.46	0.62
Common Stock Shares Outstanding	0.92	0.59	-0.03	0.72	0.92	0.36	0.7	0.37	-0.45	0.36		0.92	0.45	0.01	0.46	0.04	0.73	0.08	0.73	0.21	0.32	0.75	0.48	0.69	0.89	0.5
Total Liab	0.99	0.78	0.1	0.74	0.92	0.44	0.71	0.39	-0.64	0.44	0.92		0.63	0.22	0.56	0.09	0.7	0.34	0.77	0.32	0.51	0.7	0.35	0.72	0.89	0.65
Total Current Assets	0.59	0.92	0.22	0.2	0.35	0.14	0.15	0.33	-0.92	0.14	0.45	0.63		0.17	0.13	0.02	0.13	0.82	0.38	0.5	0.93	0.12	0.46	0.23	0.28	0.39
Other Stockholder Equity	0.27	0.32	0.69	0.49	0.1	0.37	0.5	0.34	-0.36	0.37	0.01	0.22	0.17		0.65	0.73	0.41	0.31	0.3	0.03	0.22	0.03	-0.53	0.54	0.14	0.42
Property Plant And Equipment Gross	0.58	0.37	0.47	0.92	0.53	0.8	0.93	0.51	-0.31	0.8	0.46	0.56	0.13	0.65		0.63	0.85	0.11	0.52	0.06	0.05	0.55	-0.23	0.92	0.58	0.65
Other Current Liab	0.2	0.22	0.69	0.47	-0.06	0.36	0.49	0.62	-0.18	0.36	0.04	0.09	0.02	0.73	0.63		0.39	0.24	0.11	-0.12	-0.11	0.01	-0.38	0.55	-0.04	0.02
Other Liab	0.72	0.35	0.36	0.94	0.76	0.56	0.96	0.26	-0.27	0.56	0.73	0.7	0.13	0.41	0.85	0.39		-0.12	0.68	0.19	0.08	0.62	0.12	0.95	0.79	0.66
Accounts Payable	0.35	0.8	0.43	0.01	-0.03	0.12	-0.02	0.37	-0.76	0.12	0.08	0.34	0.82	0.31	0.11	0.24	-0.12		0.05	0.34	0.69	-0.18	0.21	0.07	-0.08	0.22
Long Term Debt	0.76	0.49	0.07	0.63	0.79	0.39	0.61	0.15	-0.47	0.39	0.73	0.77	0.38	0.3	0.52	0.11	0.68	0.05		0.36	0.33	0.69	0.08	0.64	0.78	0.58
Short Term Investments	0.34	0.37	0.19	0.11	0.2	-0.29	0.1	-0.05	-0.62	-0.29	0.21	0.32	0.5	0.03	0.06	-0.12	0.19	0.34	0.36		0.5	0.09	0.41	0.13	0.16	0.17
Inventory	0.45	0.8	0.13	0.13	0.31	0.03	0.08	0.15	-0.86	0.03	0.32	0.51	0.93	0.22	0.05	-0.11	0.08	0.69	0.33	0.5		0.06	0.33	0.16	0.26	0.41
Other Current Assets	0.68	0.25	-0.32	0.72	0.83	0.49	0.68	0.45	-0.22	0.49	0.75	0.7	0.12	0.03	0.55	0.01	0.62	-0.18	0.69	0.09	0.06		-0.03	0.62	0.84	0.43
Intangible Assets	0.32	0.35	-0.05	-0.04	0.26	-0.19	-0.02	-0.15	-0.29	-0.19	0.48	0.35	0.46	-0.53	-0.23	-0.38	0.12	0.21	0.08	0.41	0.33	-0.03		-0.02	0.19	0.02
Property Plant Equipment	0.75	0.48	0.42	0.98	0.71	0.66	0.98	0.5	-0.39	0.66	0.69	0.72	0.23	0.54	0.92	0.55	0.95	0.07	0.64	0.13	0.16	0.62	-0.02		0.74	0.68
Short Long Term Debt Total	0.86	0.45	-0.13	0.8	0.99	0.46	0.77	0.23	-0.31	0.46	0.89	0.89	0.28	0.14	0.58	-0.04	0.79	-0.08	0.78	0.16	0.26	0.84	0.19	0.74		0.64
Current Deferred Revenue	0.6	0.53	0.34	0.68	0.62	0.62	0.67	0.04	-0.45	0.62	0.5	0.65	0.39	0.42	0.65	0.02	0.66	0.22	0.58	0.17	0.41	0.43	0.02	0.68	0.64

Click cells to compare fundamentals

Global Partners Account Relationship Matchups

Global Partners fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	2.5B	2.8B	3.2B	3.5B	1.9B
Total Current Liabilities	753.9M	497.5M	839.6M	971.5M	982.8M	702.7M
Total Stockholder Equity	(5.1M)	1.6M	(1.9M)	788.4M	798.8M	838.8M
Property Plant And Equipment Net	1.4B	1.4B	1.4B	1.5B	1.8B	1.9B
Net Debt	1.7B	1.5B	1.6B	1.4B	1.5B	897.7M
Cash	12.0M	9.7M	10.8M	4.0M	19.6M	20.6M
Non Current Assets Total	1.8B	1.8B	1.8B	2.0B	2.4B	2.6B
Non Currrent Assets Other	31.1M	26.6M	32.3M	30.7M	37.5M	39.4M
Other Assets	61.6M	57.1M	32.3M	30.7M	27.6M	41.1M
Cash And Short Term Investments	12.0M	9.7M	10.8M	4.0M	19.6M	20.6M
Common Stock Shares Outstanding	34.3M	34.3M	34.3M	34.0M	34.0M	24.0M
Liabilities And Stockholders Equity	2.4B	2.0B	2.3B	3.2B	3.5B	1.8B
Total Liab	2.3B	2.0B	2.3B	2.4B	2.7B	1.6B
Total Current Assets	1.0B	781.4M	1.1B	1.2B	1.1B	923.6M
Other Stockholder Equity	5.1M	(1.6M)	1.9M	788.9M	658.7M	691.6M
Property Plant And Equipment Gross	1.4B	1.4B	1.4B	1.5B	2.8B	2.9B
Other Current Liab	12.7M	12.1M	31.7M	222.2M	257.3M	270.2M
Other Liab	149.6M	164.7M	158.4M	187.7M	215.9M	226.7M
Accounts Payable	373.4M	207.9M	353.3M	530.9M	648.7M	418.8M
Long Term Debt	690.5M	737.6M	932.7M	840.0M	1.1B	586.9M
Inventory	450.5M	384.4M	509.5M	566.7M	397.3M	461.2M
Other Current Assets	121.0M	157.6M	132.4M	74.0M	121.0M	74.2M
Intangible Assets	46.8M	35.9M	26.0M	26.9M	20.7M	19.7M
Property Plant Equipment	1.1B	1.1B	1.4B	1.5B	1.7B	1.8B
Short Long Term Debt Total	1.7B	1.5B	1.6B	1.4B	1.5B	1.0B
Current Deferred Revenue	42.6M	150.7M	167.8M	187.6M	215.7M	226.5M
Net Receivables	421.0M	229.7M	412.3M	481.2M	559.9M	454.9M
Non Current Liabilities Total	1.6B	1.5B	1.5B	1.4B	1.7B	999.7M
Accumulated Other Comprehensive Income	(5.1M)	1.6M	(1.9M)	(449K)	381K	362.0K
Short Term Debt	217.1M	109.8M	267.1M	218.3M	76.7M	72.9M
Retained Earnings	(470.8M)	(494.5M)	(533.5M)	(788.5M)	(658.7M)	(625.7M)
Good Will	324.5M	323.6M	328.1M	427.8M	429.2M	299.8M
Deferred Long Term Liab	42.9M	42.9M	56.2M	56.8M	65.3M	39.0M
Common Stock	398.5M	428.8M	392.1M	649.0M	658.7M	499.7M
Net Tangible Assets	88M	136.0M	173.6M	193.9M	174.5M	143.2M
Non Current Liabilities Other	861.9M	753.6M	53.5M	57.3M	61.2M	58.1M
Long Term Debt Total	690.5M	737.6M	1.1B	981.8M	1.1B	790.7M
Short Long Term Debt	148.9M	34.4M	204.7M	153.4M	16.8M	16.0M
Capital Lease Obligations	307.5M	302.0M	435.0M	438.1M	398.6M	320.9M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect 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 Architect

Additional Tools for Global Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Global Accounts Payable vs Common Stock Shares Outstanding Analysis

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Accounts Payable

Common Stock Shares Outstanding

Global Partners fundamental ratios Correlations

Global Partners Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Global Partners fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Global Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Short Long Term Debt Total	+ 0.99	Net Debt
Property Plant Equipment	+ 0.98	Property Plant And Equipment Net
Property Plant Equipment	+ 0.98	Non Current Assets Total

Total Current Assets	- 0.92	Other Assets
Other Assets	- 0.87	Total Current Liabilities
Inventory	- 0.86	Other Assets
Accounts Payable	- 0.76	Other Assets
Total Liab	- 0.64	Other Assets
Other Assets	- 0.63	Total Assets