Globus Net Profit Margin vs Operating Profit Margin Analysis
GMED Stock | USD 50.43 0.64 1.29% |
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 Net Profit Margin and its Operating Profit Margin 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.
Net Profit Margin vs Operating Profit Margin
Net Profit Margin vs Operating Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globus Medical Net Profit Margin account and Operating Profit Margin. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Globus Medical's Net Profit Margin and Operating Profit Margin is 0.88. Overlapping area represents the amount of variation of Net Profit Margin that can explain the historical movement of Operating Profit Margin 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 Net Profit Margin and Operating Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Profit Margin of Globus Medical are associated (or correlated) with its Operating Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Profit Margin has no effect on the direction of Net Profit Margin i.e., Globus Medical's Net Profit Margin and Operating Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.Operating Profit Margin
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 |
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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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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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.