Global Reconciled Depreciation vs Interest Expense Analysis

GLP Stock  USD 44.48  1.12  2.58%   
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 Reconciled Depreciation and its Interest Expense 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Reconciled Depreciation vs Interest Expense

Reconciled Depreciation vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Partners LP Reconciled Depreciation account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Global Partners' Reconciled Depreciation and Interest Expense is -0.12. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Interest Expense 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' Reconciled Depreciation and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Global Partners LP are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Reconciled Depreciation i.e., Global Partners' Reconciled Depreciation and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Reconciled Depreciation

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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 tightly coupled 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 05/18/2024, 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
Click cells to compare fundamentals

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

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
When determining whether Global Partners LP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Global Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Global Partners Lp Stock. Highlighted below are key reports to facilitate an investment decision about Global Partners Lp Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary 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.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
CEOs Directory
Screen CEOs from public companies around the world
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Is Global Partners' 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 Partners. 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 Partners 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
(0.08)
Dividend Share
2.715
Earnings Share
3.76
Revenue Per Share
485.492
Quarterly Revenue Growth
(0)
The market value of Global Partners LP 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 Partners' value that differs from its market value or its book value, called intrinsic value, which is Global Partners' 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 Partners' market value can be influenced by many factors that don't directly affect Global Partners' 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 Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Partners' 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.