Globus Historical Financial Ratios
| GMED Stock | USD 51.27 0.02 0.04% |
Globus Medical is recently reporting on over 108 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 1.43 or Days Sales Outstanding of 123 will help investors to properly organize and evaluate Globus Medical financial condition quickly.
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About Globus Financial Ratios Analysis
Globus MedicalFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Globus Medical investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Globus financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Globus Medical history.
Globus Medical Financial Ratios Chart
Globus Medical financial ratios usually calculated using numerical values taken directly from Globus Medical financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Globus Medical. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At present, Globus Medical's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 37.12, whereas Operating Cash Flow Per Share is forecasted to decline to 1.18. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Globus Medical stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Globus Medical sales, a figure that is much harder to manipulate than other Globus Medical multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most ratios from Globus Medical's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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.At present, Globus Medical's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 37.12, whereas Operating Cash Flow Per Share is forecasted to decline to 1.18.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 63.11 | 77.55 | 117.49 | 123.36 | PTB Ratio | 4.18 | 4.04 | 1.51 | 1.43 |
Globus Medical fundamentals Correlations
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Globus Medical Account Relationship Matchups
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Globus Medical fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 7.43 | 8.15 | 7.59 | 7.3 | 3.84 | 4.16 | |
| Ptb Ratio | 4.16 | 4.27 | 4.18 | 4.04 | 1.51 | 1.43 | |
| Days Sales Outstanding | 75.49 | 68.51 | 63.11 | 77.55 | 117.49 | 123.36 | |
| Book Value Per Share | 14.14 | 15.28 | 17.29 | 18.38 | 35.35 | 37.12 | |
| Free Cash Flow Yield | 0.0288 | 0.0173 | 0.021 | 0.0302 | 0.014 | 0.0355 | |
| Operating Cash Flow Per Share | 1.73 | 2.02 | 2.74 | 1.78 | 2.15 | 1.18 | |
| Stock Based Compensation To Revenue | 0.0332 | 0.0343 | 0.0319 | 0.0321 | 0.0336 | 0.0178 | |
| Capex To Depreciation | (1.34) | (1.01) | (0.81) | (1.08) | (0.54) | (0.57) | |
| Pb Ratio | 4.16 | 4.27 | 4.18 | 4.04 | 1.51 | 1.43 | |
| Ev To Sales | 7.19 | 7.85 | 7.39 | 7.15 | 3.88 | 4.0 | |
| Roic | 0.0951 | 0.0567 | 0.0775 | 0.0963 | 0.0223 | 0.0212 | |
| Net Income Per Share | 1.6 | 1.57 | 1.04 | 1.48 | 1.89 | 0.9 | |
| Days Of Inventory On Hand | 398.14 | 384.62 | 361.61 | 413.79 | 564.73 | 592.96 | |
| Payables Turnover | 6.16 | 7.31 | 11.95 | 10.9 | 9.67 | 6.42 | |
| Research And Ddevelopement To Revenue | 0.0765 | 0.11 | 0.1 | 0.0714 | 0.0791 | 0.0616 | |
| Cash Per Share | 3.47 | 3.14 | 4.33 | 4.4 | 4.44 | 4.58 | |
| Pocfratio | 33.95 | 32.34 | 26.33 | 41.81 | 24.75 | 19.58 | |
| Interest Coverage | (9.88) | 7.99 | 18.5 | 16.02 | 6.61 | 6.94 | |
| Pfcf Ratio | 57.67 | 47.58 | 33.15 | 71.46 | 36.47 | 50.48 | |
| Days Payables Outstanding | 49.92 | 30.56 | 33.5 | 49.96 | 37.73 | 52.94 | |
| Income Quality | 1.11 | 1.94 | 1.85 | 0.94 | 1.98 | 1.05 | |
| Ev To Operating Cash Flow | 32.82 | 31.16 | 25.64 | 41.0 | 24.97 | 18.02 | |
| Pe Ratio | 37.61 | 62.86 | 48.75 | 39.24 | 49.05 | 25.09 | |
| Ev To Free Cash Flow | 55.76 | 45.84 | 32.3 | 70.08 | 36.8 | 27.02 | |
| Earnings Yield | 0.0266 | 0.0159 | 0.0205 | 0.0255 | 0.0204 | 0.0194 | |
| Intangibles To Total Assets | 0.19 | 0.16 | 0.14 | 0.13 | 0.46 | 0.49 | |
| Net Debt To E B I T D A | (0.62) | (0.84) | (1.28) | (0.46) | 0.13 | 0.14 | |
| Current Ratio | 6.56 | 6.17 | 6.8 | 6.18 | 4.88 | 7.28 | |
| Tangible Book Value Per Share | 12.05 | 12.81 | 14.82 | 15.78 | 14.49 | 15.22 | |
| Receivables Turnover | 4.84 | 5.33 | 5.78 | 4.71 | 3.11 | 6.09 | |
| Graham Number | 22.32 | 18.89 | 24.0 | 27.98 | 29.4 | 30.87 | |
| Shareholders Equity Per Share | 14.14 | 15.28 | 17.29 | 18.38 | 35.35 | 37.12 |
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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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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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.