Global Total Stockholder Equity vs Non Current Assets Total 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 Total Stockholder Equity and its Non Current Assets Total 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.

Total Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Partners LP Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Global Partners' Total Stockholder Equity and Non Current Assets Total is 0.35. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total 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' Total Stockholder Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Global Partners LP are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Global Partners' Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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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