Glory Total Current Assets vs Total Stockholder Equity Analysis
GSMGW Stock | USD 0 0 44.12% |
Glory Star financial indicator trend analysis is much more than just examining Glory Star New latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glory Star New is a good investment. Please check the relationship between Glory Star Total Current Assets and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glory Star New. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Total Current Assets vs Total Stockholder Equity
Total Current Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glory Star New Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Glory Star's Total Current Assets and Total Stockholder Equity is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Glory Star New, assuming nothing else is changed. The correlation between historical values of Glory Star's Total Current Assets and Total Stockholder Equity 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 Current Assets of Glory Star New are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., Glory Star's Total Current Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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.Most indicators from Glory Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glory Star New 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 Glory Star New. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At this time, Glory Star's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 84 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (0.71).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 513K | 93K | 107.0K | 101.6K | Depreciation And Amortization | 2.3M | 3.6M | 4.2M | 4.4M |
Glory Star fundamental ratios Correlations
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Glory Star Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Glory Star fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 79.7M | 143.4M | 195.2M | 206.0M | 327.6M | 344.0M | |
Short Long Term Debt Total | 2.7M | 9.7M | 6.4M | 5.1M | 5.9M | 7.3M | |
Other Current Liab | 9.5M | 19.9M | 15.9M | 21.7M | 19.5M | 14.3M | |
Total Current Liabilities | 15.7M | 35.4M | 34.6M | 32.9M | 46.2M | 32.4M | |
Total Stockholder Equity | 61.8M | 104.8M | 158.9M | 172.4M | 279.9M | 293.9M | |
Property Plant And Equipment Net | 2.4M | 1.9M | 1.5M | 910K | 462K | 438.9K | |
Current Deferred Revenue | 610K | 609K | 536K | 147K | 132.3K | 125.7K | |
Net Debt | (4.2M) | (8.0M) | (70.9M) | (65.4M) | (58.8M) | (55.9M) | |
Retained Earnings | 49.5M | 78.6M | 124.0M | 150.7M | 181.2M | 97.1M | |
Accounts Payable | 4.5M | 7.9M | 12.9M | 6.4M | 9.6M | 6.6M | |
Cash | 6.9M | 17.7M | 77.3M | 70.5M | 194.2M | 203.9M | |
Non Current Assets Total | 19.2M | 40.3M | 41.6M | 22.1M | 20.8M | 25.1M | |
Non Currrent Assets Other | 1.7M | 1.3M | 1.9M | 808K | 929.2K | 975.7K | |
Cash And Short Term Investments | 6.9M | 19.5M | 77.3M | 70.5M | 81.1M | 85.1M | |
Net Receivables | 51.1M | 81.1M | 63.1M | 98.0M | 81.2M | 65.5M | |
Common Stock Shares Outstanding | 46.5M | 59.1M | 65.4M | 31.3M | 10.0M | 9.5M | |
Liabilities And Stockholders Equity | 79.7M | 143.4M | 195.2M | 206.0M | 236.9M | 130.2M | |
Non Current Liabilities Total | 1.7M | 2.8M | 1.2M | 557K | 1.4M | 1.9M | |
Inventory | 7.0M | 2.2M | (1.7M) | 1.0 | 0.9 | 0.86 | |
Other Current Assets | 333K | 4.3M | 13.1M | 15.3M | 31.2M | 32.7M | |
Other Stockholder Equity | 13.4M | 20.7M | 25.6M | 27.0M | 31.1M | 32.6M | |
Total Liab | 17.5M | 38.1M | 35.7M | 33.5M | 47.6M | 35.0M | |
Net Invested Capital | 64.7M | 112.7M | 163.9M | 176.8M | 285.6M | 299.8M | |
Short Long Term Debt | 2.9M | 6.6M | 5.0M | 4.4M | 4.2M | 4.4M | |
Total Current Assets | 60.5M | 103.1M | 153.5M | 183.8M | 306.9M | 322.2M | |
Accumulated Other Comprehensive Income | (1.1M) | 5.5M | 9.3M | (5.3M) | (6.1M) | (5.8M) | |
Net Working Capital | 44.7M | 67.8M | 119.0M | 150.9M | 260.7M | 273.7M | |
Short Term Debt | 1.0M | 6.9M | 5.3M | 4.6M | 4.2M | 4.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Glory Star New is a strong investment it is important to analyze Glory Star's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Glory Star's future performance. For an informed investment choice regarding Glory Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glory Star New. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Glory Star New information on this page should be used as a complementary analysis to other Glory Star'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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When running Glory Star's price analysis, check to measure Glory Star'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 Glory Star is operating at the current time. Most of Glory Star's value examination focuses on studying past and present price action to predict the probability of Glory Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glory Star's price. Additionally, you may evaluate how the addition of Glory Star to your portfolios can decrease your overall portfolio volatility.
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Is Glory Star'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 Glory Star. If investors know Glory 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 Glory Star 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 (0.06) | Earnings Share 0.54 | Revenue Per Share 17.636 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0686 |
The market value of Glory Star New is measured differently than its book value, which is the value of Glory that is recorded on the company's balance sheet. Investors also form their own opinion of Glory Star's value that differs from its market value or its book value, called intrinsic value, which is Glory Star'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 Glory Star's market value can be influenced by many factors that don't directly affect Glory Star'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 Glory Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glory Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glory Star'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.