Global Long Term Debt vs Other Current Liab 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 Long Term Debt and its Other Current Liab 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.

Long Term Debt vs Other Current Liab

Long Term Debt vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Partners LP Long Term Debt account and Other Current Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Global Partners' Long Term Debt and Other Current Liab is 0.11. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Liab 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' Long Term Debt and Other Current 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 Long Term Debt of Global Partners LP are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Long Term Debt i.e., Global Partners' Long Term Debt and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Global Partners LP has held for over one year. Long-term debt appears on Global Partners LP balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Global Partners LP balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Current Liab

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 Revenue13.2B18.9B16.5B10.7B
Interest Expense80.1M81.3M85.6M48.6M

Global Partners fundamental ratios Correlations

0.760.190.760.890.390.740.43-0.630.390.920.990.590.270.580.20.720.350.760.340.450.680.320.750.860.6
0.760.360.440.50.320.40.44-0.870.320.590.780.920.320.370.220.350.80.490.370.80.250.350.480.450.53
0.190.360.3-0.130.190.350.14-0.350.19-0.030.10.220.690.470.690.360.430.070.190.13-0.32-0.050.42-0.130.34
0.760.440.30.770.680.990.52-0.340.680.720.740.20.490.920.470.940.010.630.110.130.72-0.040.980.80.68
0.890.5-0.130.770.420.740.24-0.370.420.920.920.350.10.53-0.060.76-0.030.790.20.310.830.260.710.990.62
0.390.320.190.680.420.680.42-0.171.00.360.440.140.370.80.360.560.120.39-0.290.030.49-0.190.660.460.62
0.740.40.350.990.740.680.48-0.310.680.70.710.150.50.930.490.96-0.020.610.10.080.68-0.020.980.770.67
0.430.440.140.520.240.420.48-0.430.420.370.390.330.340.510.620.260.370.15-0.050.150.45-0.150.50.230.04
-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
0.390.320.190.680.421.00.680.42-0.170.360.440.140.370.80.360.560.120.39-0.290.030.49-0.190.660.460.62
0.920.59-0.030.720.920.360.70.37-0.450.360.920.450.010.460.040.730.080.730.210.320.750.480.690.890.5
0.990.780.10.740.920.440.710.39-0.640.440.920.630.220.560.090.70.340.770.320.510.70.350.720.890.65
0.590.920.220.20.350.140.150.33-0.920.140.450.630.170.130.020.130.820.380.50.930.120.460.230.280.39
0.270.320.690.490.10.370.50.34-0.360.370.010.220.170.650.730.410.310.30.030.220.03-0.530.540.140.42
0.580.370.470.920.530.80.930.51-0.310.80.460.560.130.650.630.850.110.520.060.050.55-0.230.920.580.65
0.20.220.690.47-0.060.360.490.62-0.180.360.040.090.020.730.630.390.240.11-0.12-0.110.01-0.380.55-0.040.02
0.720.350.360.940.760.560.960.26-0.270.560.730.70.130.410.850.39-0.120.680.190.080.620.120.950.790.66
0.350.80.430.01-0.030.12-0.020.37-0.760.120.080.340.820.310.110.24-0.120.050.340.69-0.180.210.07-0.080.22
0.760.490.070.630.790.390.610.15-0.470.390.730.770.380.30.520.110.680.050.360.330.690.080.640.780.58
0.340.370.190.110.2-0.290.1-0.05-0.62-0.290.210.320.50.030.06-0.120.190.340.360.50.090.410.130.160.17
0.450.80.130.130.310.030.080.15-0.860.030.320.510.930.220.05-0.110.080.690.330.50.060.330.160.260.41
0.680.25-0.320.720.830.490.680.45-0.220.490.750.70.120.030.550.010.62-0.180.690.090.06-0.030.620.840.43
0.320.35-0.05-0.040.26-0.19-0.02-0.15-0.29-0.190.480.350.46-0.53-0.23-0.380.120.210.080.410.33-0.03-0.020.190.02
0.750.480.420.980.710.660.980.5-0.390.660.690.720.230.540.920.550.950.070.640.130.160.62-0.020.740.68
0.860.45-0.130.80.990.460.770.23-0.310.460.890.890.280.140.58-0.040.79-0.080.780.160.260.840.190.740.64
0.60.530.340.680.620.620.670.04-0.450.620.50.650.390.420.650.020.660.220.580.170.410.430.020.680.64
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Global Partners Account Relationship Matchups

Global Partners fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.5B2.8B3.2B3.5B1.9B
Total Current Liabilities753.9M497.5M839.6M971.5M982.8M702.7M
Total Stockholder Equity(5.1M)1.6M(1.9M)788.4M798.8M838.8M
Property Plant And Equipment Net1.4B1.4B1.4B1.5B1.8B1.9B
Net Debt1.7B1.5B1.6B1.4B1.5B897.7M
Cash12.0M9.7M10.8M4.0M19.6M20.6M
Non Current Assets Total1.8B1.8B1.8B2.0B2.4B2.6B
Non Currrent Assets Other31.1M26.6M32.3M30.7M37.5M39.4M
Other Assets61.6M57.1M32.3M30.7M27.6M41.1M
Cash And Short Term Investments12.0M9.7M10.8M4.0M19.6M20.6M
Common Stock Shares Outstanding34.3M34.3M34.3M34.0M34.0M24.0M
Liabilities And Stockholders Equity2.4B2.0B2.3B3.2B3.5B1.8B
Total Liab2.3B2.0B2.3B2.4B2.7B1.6B
Total Current Assets1.0B781.4M1.1B1.2B1.1B923.6M
Other Stockholder Equity5.1M(1.6M)1.9M788.9M658.7M691.6M
Property Plant And Equipment Gross1.4B1.4B1.4B1.5B2.8B2.9B
Other Current Liab12.7M12.1M31.7M222.2M257.3M270.2M
Other Liab149.6M164.7M158.4M187.7M215.9M226.7M
Accounts Payable373.4M207.9M353.3M530.9M648.7M418.8M
Long Term Debt690.5M737.6M932.7M840.0M1.1B586.9M
Inventory450.5M384.4M509.5M566.7M397.3M461.2M
Other Current Assets121.0M157.6M132.4M74.0M121.0M74.2M
Intangible Assets46.8M35.9M26.0M26.9M20.7M19.7M
Property Plant Equipment1.1B1.1B1.4B1.5B1.7B1.8B
Short Long Term Debt Total1.7B1.5B1.6B1.4B1.5B1.0B
Current Deferred Revenue42.6M150.7M167.8M187.6M215.7M226.5M
Net Receivables421.0M229.7M412.3M481.2M559.9M454.9M
Non Current Liabilities Total1.6B1.5B1.5B1.4B1.7B999.7M
Accumulated Other Comprehensive Income(5.1M)1.6M(1.9M)(449K)381K362.0K
Short Term Debt217.1M109.8M267.1M218.3M76.7M72.9M
Retained Earnings(470.8M)(494.5M)(533.5M)(788.5M)(658.7M)(625.7M)
Good Will324.5M323.6M328.1M427.8M429.2M299.8M
Deferred Long Term Liab42.9M42.9M56.2M56.8M65.3M39.0M
Common Stock398.5M428.8M392.1M649.0M658.7M499.7M
Net Tangible Assets88M136.0M173.6M193.9M174.5M143.2M
Non Current Liabilities Other861.9M753.6M53.5M57.3M61.2M58.1M
Long Term Debt Total690.5M737.6M1.1B981.8M1.1B790.7M
Short Long Term Debt148.9M34.4M204.7M153.4M16.8M16.0M
Capital Lease Obligations307.5M302.0M435.0M438.1M398.6M320.9M

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