Global Interest Coverage from 2010 to 2024

GIC Stock  USD 28.25  0.24  0.84%   
Global Industrial's Interest Coverage is increasing over the years with stable fluctuation. Interest Coverage is expected to dwindle to 47.39. During the period from 2010 to 2024 Global Industrial Interest Coverage annual values regression line had coefficient of variation of  124.72 and r-squared of  0.01. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
87.72727273
Current Value
47.39
Quarterly Volatility
135.20450513
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Industrial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.8 M, Interest Expense of 1 M or Total Revenue of 2.1 B, as well as many indicators such as Price To Sales Ratio of 1.22, Dividend Yield of 0.0196 or PTB Ratio of 6.09. Global financial statements analysis is a perfect complement when working with Global Industrial Valuation or Volatility modules.
  
Check out the analysis of Global Industrial Correlation against competitors.

Latest Global Industrial's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Global Industrial Co over the last few years. It is Global Industrial's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Industrial's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Pretty Stable
   Interest Coverage   
       Timeline  

Global Interest Coverage Regression Statistics

Arithmetic Mean108.41
Coefficient Of Variation124.72
Mean Deviation99.24
Median87.73
Standard Deviation135.20
Sample Variance18,280
Range380
R-Value0.12
Mean Square Error19,394
R-Squared0.01
Significance0.67
Slope3.69
Total Sum of Squares255,924

Global Interest Coverage History

2024 47.39
2023 87.73
2019 95.64
2018 38.56
2015 356.5
2014 -19.92
2013 -13.73

About Global Industrial Financial Statements

Global Industrial stakeholders use historical fundamental indicators, such as Global Industrial's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Global Industrial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Global Industrial's assets and liabilities are reflected in the revenues and expenses on Global Industrial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Global Industrial Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 87.73  47.39 

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When determining whether Global Industrial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Industrial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global Industrial Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Industrial Co Stock:
Check out the analysis of Global Industrial Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Trading Companies & Distributors space 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 Global Industrial. If investors know Global 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 Global Industrial 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
(0.19)
Dividend Share
0.95
Earnings Share
1.7
Revenue Per Share
34.936
Quarterly Revenue Growth
(0.03)
The market value of Global Industrial is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Industrial's value that differs from its market value or its book value, called intrinsic value, which is Global Industrial'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 Global Industrial's market value can be influenced by many factors that don't directly affect Global Industrial'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 Global Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Industrial'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.