Global Change To Account Receivables from 2010 to 2024

GLE Stock   3.58  0.33  8.44%   
Global Engine's Change To Account Receivables is increasing over the years with slightly volatile fluctuation. Overall, Change To Account Receivables is projected to go to about -8.1 M this year. During the period from 2010 to 2024 Global Engine Change To Account Receivables annual values regression line had coefficient of variation of (68.91) and r-squared of  0.23. View All Fundamentals
 
Change To Account Receivables  
First Reported
2010-12-31
Previous Quarter
-8.5 M
Current Value
-8.1 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Engine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Engine's main balance sheet or income statement drivers, such as Tax Provision of 591.5 K, Interest Expense of 10.2 K or Selling General Administrative of 3.2 M, as well as many indicators such as . Global financial statements analysis is a perfect complement when working with Global Engine Valuation or Volatility modules.
  
Check out the analysis of Global Engine Correlation against competitors.

Latest Global Engine's Change To Account Receivables Growth Pattern

Below is the plot of the Change To Account Receivables of Global Engine Group over the last few years. It is Global Engine's Change To Account Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Engine's overall financial position and show how it may be relating to other accounts over time.
Change To Account Receivables10 Years Trend
Slightly volatile
   Change To Account Receivables   
       Timeline  

Global Change To Account Receivables Regression Statistics

Arithmetic Mean(8,703,176)
Coefficient Of Variation(68.91)
Mean Deviation3,988,179
Median(11,694,310)
Standard Deviation5,997,522
Sample Variance36T
Range20.3M
R-Value0.48
Mean Square Error29.8T
R-Squared0.23
Significance0.07
Slope644,740
Total Sum of Squares503.6T

Global Change To Account Receivables History

2024-8.1 M
2023-8.5 M
2022-7.5 M
2021M
20208.6 M

About Global Engine Financial Statements

Global Engine stakeholders use historical fundamental indicators, such as Global Engine's Change To Account Receivables, to determine how well the company is positioned to perform in the future. Although Global Engine investors may analyze each financial statement separately, they are all interrelated. For example, changes in Global Engine's assets and liabilities are reflected in the revenues and expenses on Global Engine'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 Engine Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Account Receivables-8.5 M-8.1 M

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When determining whether Global Engine Group is a strong investment it is important to analyze Global Engine'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 Global Engine's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out the analysis of Global Engine Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Internet Services & Infrastructure 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 Engine. 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 Engine 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
0.957
Earnings Share
0.02
Revenue Per Share
3.091
Quarterly Revenue Growth
0.944
Return On Assets
0.0666
The market value of Global Engine Group 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 Engine's value that differs from its market value or its book value, called intrinsic value, which is Global Engine'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 Engine's market value can be influenced by many factors that don't directly affect Global Engine'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 Engine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Engine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Engine'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.