Globus Ev To Operating Cash Flow vs Free Cash Flow Yield Analysis
GMED Stock | USD 51.95 1.47 2.91% |
Globus Medical financial indicator trend analysis is much more than just examining Globus Medical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globus Medical is a good investment. Please check the relationship between Globus Medical Ev To Operating Cash Flow and its Free Cash Flow Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.
Ev To Operating Cash Flow vs Free Cash Flow Yield
Ev To Operating Cash Flow vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globus Medical Ev To Operating Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Globus Medical's Ev To Operating Cash Flow and Free Cash Flow Yield is -0.64. Overlapping area represents the amount of variation of Ev To Operating Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Globus Medical, assuming nothing else is changed. The correlation between historical values of Globus Medical's Ev To Operating Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Operating Cash Flow of Globus Medical are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Operating Cash Flow i.e., Globus Medical's Ev To Operating Cash Flow and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most indicators from Globus Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globus Medical 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 Globus Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.The current year's Selling General Administrative is expected to grow to about 675.6 M, whereas Tax Provision is forecasted to decline to about 34.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 718.9M | 759.1M | 1.0B | 533.4M | Total Revenue | 958.1M | 1.0B | 1.6B | 1.6B |
Globus Medical fundamental ratios Correlations
Click cells to compare fundamentals
Globus Medical Account Relationship Matchups
Globus Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 102.0M | 101.0M | 103.6M | 102.6M | 114.6M | 104.1M | |
Total Assets | 1.5B | 1.7B | 2.0B | 2.1B | 5.1B | 5.3B | |
Other Current Liab | 6.7M | 5.8M | 11.8M | 106.5M | 305.3M | 320.6M | |
Total Current Liabilities | 111.4M | 120.8M | 140.2M | 159.2M | 392.3M | 412.0M | |
Total Stockholder Equity | 1.4B | 1.5B | 1.7B | 1.8B | 4.0B | 4.2B | |
Other Liab | 17.1M | 52.4M | 75.7M | 70.5M | 81.1M | 85.2M | |
Property Plant And Equipment Net | 199.8M | 216.9M | 221.1M | 243.7M | 646.9M | 679.2M | |
Current Deferred Revenue | 5.4M | 8.1M | 12.0M | 14.1M | 18.4M | 9.6M | |
Net Debt | (193.2M) | (234.6M) | (188.0M) | (144.5M) | 53.1M | 55.8M | |
Retained Earnings | 1.0B | 1.0B | 1.2B | 1.2B | 1.1B | 764.6M | |
Accounts Payable | 24.6M | 18.2M | 22.0M | 36.1M | 56.7M | 59.5M | |
Cash | 195.7M | 239.4M | 193.1M | 150.5M | 467.3M | 490.7M | |
Non Current Assets Total | 844.6M | 857.7M | 1.1B | 1.1B | 3.2B | 3.3B | |
Non Currrent Assets Other | 21.7M | 32.0M | 36.3M | 43.3M | 78.6M | 82.5M | |
Other Assets | 25.2M | 209.8M | 60.8M | 92.2M | 106.0M | 111.3M | |
Cash And Short Term Investments | 311.5M | 426.7M | 443.4M | 446.1M | 517.8M | 342.9M | |
Net Receivables | 162.4M | 148.1M | 165.7M | 217.3M | 504.9M | 530.1M | |
Liabilities And Stockholders Equity | 1.5B | 1.7B | 2.0B | 2.1B | 5.1B | 5.3B | |
Non Current Liabilities Total | 18.2M | 52.4M | 75.7M | 70.5M | 695.8M | 730.6M | |
Inventory | 196.3M | 229.2M | 237.0M | 299.0M | 848.1M | 890.5M | |
Other Current Assets | 17.2M | 17.8M | 18.4M | 21.0M | 44.6M | 46.8M | |
Other Stockholder Equity | 357.3M | 457.2M | 553.8M | 631.0M | 2.9B | 3.0B | |
Total Liab | 129.6M | 173.2M | 215.9M | 229.8M | 1.1B | 1.1B | |
Property Plant And Equipment Gross | 199.8M | 216.9M | 526.7M | 586.8M | 1.1B | 1.1B | |
Total Current Assets | 687.5M | 821.8M | 864.5M | 983.3M | 1.9B | 2.0B | |
Accumulated Other Comprehensive Income | (2.9M) | 4.0M | (6.8M) | (24.6M) | (10.2M) | (9.7M) | |
Short Term Debt | 74.7M | 88.7M | 94.4M | 2.5M | 12.0M | 11.4M | |
Property Plant Equipment | 202.3M | 216.9M | 221.1M | 243.7M | 280.3M | 146.5M | |
Good Will | 128.8M | 156.7M | 179.7M | 197.5M | 1.4B | 1.5B | |
Intangible Assets | 78.8M | 86.9M | 68.7M | 63.6M | 924.6M | 970.8M | |
Net Tangible Assets | 1.2B | 1.3B | 1.5B | 1.6B | 1.8B | 981.4M | |
Short Term Investments | 115.8M | 187.3M | 250.4M | 295.6M | 50.5M | 48.0M | |
Capital Surpluse | 357.3M | 457.2M | 553.8M | 631.0M | 725.6M | 761.9M | |
Non Current Liabilities Other | 12.2M | 46.2M | 71.4M | 68.8M | 102.9M | 108.1M | |
Long Term Investments | 409.5M | 358.5M | 562.5M | 495.9M | 75.4M | 71.7M |
Globus Medical Investors Sentiment
The influence of Globus Medical's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Globus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Globus Medical's public news can be used to forecast risks associated with an investment in Globus. The trend in average sentiment can be used to explain how an investor holding Globus can time the market purely based on public headlines and social activities around Globus Medical. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Globus Medical's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Globus Medical's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Globus Medical's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Globus Medical.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Globus Medical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Globus Medical's short interest history, or implied volatility extrapolated from Globus Medical options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.Note that the Globus Medical information on this page should be used as a complementary analysis to other Globus Medical'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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When running Globus Medical's price analysis, check to measure Globus Medical'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 Globus Medical is operating at the current time. Most of Globus Medical's value examination focuses on studying past and present price action to predict the probability of Globus Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Medical's price. Additionally, you may evaluate how the addition of Globus Medical to your portfolios can decrease your overall portfolio volatility.
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Is Globus Medical'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 Globus Medical. If investors know Globus 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 Globus Medical 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 (0.79) | Earnings Share 1.07 | Revenue Per Share 13.87 | Quarterly Revenue Growth 1.246 | Return On Assets 0.0477 |
The market value of Globus Medical is measured differently than its book value, which is the value of Globus that is recorded on the company's balance sheet. Investors also form their own opinion of Globus Medical's value that differs from its market value or its book value, called intrinsic value, which is Globus Medical'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 Globus Medical's market value can be influenced by many factors that don't directly affect Globus Medical'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 Globus Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus Medical'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.