Globus Total Assets from 2010 to 2024

GMED Stock  USD 84.49  0.23  0.27%   
Globus Medical's Total Assets are increasing over the years with slightly volatile fluctuation. Overall, Total Assets are expected to go to about 5.3 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2010-12-31
Previous Quarter
B
Current Value
5.1 B
Quarterly Volatility
1.3 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globus Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globus Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 152 M, Interest Expense of 21.1 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 4.16, Dividend Yield of 0.0 or PTB Ratio of 1.43. Globus financial statements analysis is a perfect complement when working with Globus Medical Valuation or Volatility modules.
  
Check out the analysis of Globus Medical Correlation against competitors.
For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.

Latest Globus Medical's Total Assets Growth Pattern

Below is the plot of the Total Assets of Globus Medical over the last few years. Total assets refers to the total amount of Globus Medical assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Globus Medical books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Globus Medical's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globus Medical's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 5.09 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Globus Total Assets Regression Statistics

Arithmetic Mean1,608,351,943
Geometric Mean1,110,573,460
Coefficient Of Variation97.61
Mean Deviation1,079,677,924
Median1,078,502,000
Standard Deviation1,569,837,384
Sample Variance2464389.4T
Range5.1B
R-Value0.84
Mean Square Error785810.9T
R-Squared0.70
Significance0.000092
Slope294,508,732
Total Sum of Squares34501451.8T

Globus Total Assets History

20245.3 B
20235.1 B
20222.1 B
2021B
20201.7 B
20191.5 B
20181.3 B

Other Fundumenentals of Globus Medical

Globus Medical Total Assets component correlations

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1.00.810.630.630.960.990.961.00.160.810.690.950.940.73-0.030.93-0.470.180.970.840.86
0.790.810.310.780.750.770.70.80.320.780.850.670.630.910.180.91-0.50.50.760.890.74
0.670.630.31-0.030.680.70.780.66-0.490.480.050.790.80.11-0.240.4-0.53-0.490.720.560.73
0.580.630.78-0.030.610.550.390.60.550.70.970.370.330.950.580.79-0.260.780.460.560.37
0.960.960.750.680.610.970.920.97-0.020.820.650.920.90.680.040.88-0.50.130.930.790.82
1.00.990.770.70.550.970.980.990.050.780.610.980.970.66-0.110.89-0.470.080.990.840.89
0.970.960.70.780.390.920.980.96-0.030.740.471.00.990.53-0.240.81-0.49-0.090.990.830.92
1.01.00.80.660.60.970.990.960.110.820.660.960.940.7-0.020.92-0.50.140.980.840.86
0.120.160.32-0.490.55-0.020.05-0.030.110.160.5-0.05-0.070.50.230.330.020.730.050.08-0.05
0.80.810.780.480.70.820.780.740.820.160.770.730.720.770.20.74-0.450.190.730.840.81
0.640.690.850.050.970.650.610.470.660.50.770.460.420.980.460.82-0.270.690.540.70.52
0.970.950.670.790.370.920.981.00.96-0.050.730.461.00.51-0.260.8-0.45-0.110.990.820.92
0.960.940.630.80.330.90.970.990.94-0.070.720.421.00.47-0.30.76-0.42-0.160.980.80.92
0.690.730.910.110.950.680.660.530.70.50.770.980.510.470.40.87-0.340.70.60.760.58
-0.08-0.030.18-0.240.580.04-0.11-0.24-0.020.230.20.46-0.26-0.30.40.18-0.130.57-0.23-0.11-0.3
0.910.930.910.40.790.880.890.810.920.330.740.820.80.760.870.18-0.490.480.870.790.71
-0.48-0.47-0.5-0.53-0.26-0.5-0.47-0.49-0.50.02-0.45-0.27-0.45-0.42-0.34-0.13-0.49-0.11-0.48-0.45-0.42
0.120.180.5-0.490.780.130.08-0.090.140.730.190.69-0.11-0.160.70.570.48-0.110.030.12-0.12
0.990.970.760.720.460.930.990.990.980.050.730.540.990.980.6-0.230.87-0.480.030.840.91
0.840.840.890.560.560.790.840.830.840.080.840.70.820.80.76-0.110.79-0.450.120.840.95
0.880.860.740.730.370.820.890.920.86-0.050.810.520.920.920.58-0.30.71-0.42-0.120.910.95
Click cells to compare fundamentals

About Globus Medical Financial Statements

Globus Medical stakeholders use historical fundamental indicators, such as Globus Medical's Total Assets, to determine how well the company is positioned to perform in the future. Although Globus Medical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Globus Medical's assets and liabilities are reflected in the revenues and expenses on Globus Medical'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 Globus Medical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets5.1 B5.3 B
Intangibles To Total Assets 0.46  0.49 

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When determining whether Globus Medical is a strong investment it is important to analyze Globus Medical'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 Globus Medical's future performance. For an informed investment choice regarding Globus Stock, refer to the following important reports:
Check out the analysis of Globus Medical Correlation against competitors.
For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Health Care Equipment & Supplies 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 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
42.231
Earnings Share
0.62
Revenue Per Share
18.217
Quarterly Revenue Growth
0.631
Return On Assets
0.0473
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.