Globant SA Financials

GLOB Stock  USD 229.25  6.56  2.95%   
Based on the key measurements obtained from Globant SA's financial statements, Globant SA is performing exceptionally good at the present time. It has a great chance to report excellent financial results in December. At present, Globant SA's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 291.7 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 40.7 M. Key indicators impacting Globant SA's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.08350.092
Moderately Down
Slightly volatile
Current Ratio2.41.3635
Way Up
Pretty Stable
The financial analysis of Globant SA is a critical element in measuring its lifeblood. Investors should not minimize Globant SA's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

166.46 Million

  
Understanding current and past Globant SA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Globant SA's financial statements are interrelated, with each one affecting the others. For example, an increase in Globant SA's assets may result in an increase in income on the income statement.
Please note, the presentation of Globant SA's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Globant SA's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Globant SA's management manipulating its earnings.

Globant SA Stock Summary

Globant SA competes with Accenture Plc, Concentrix, Cognizant Technology, CDW Corp, and ASGN. Globant S.A. operates as a technology services company worldwide. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant SA is traded on New York Stock Exchange in the United States.
Specialization
Information Technology, Information Technology Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINLU0974299876
CUSIPL44385109
LocationLuxembourg
Business Address5 rue Guillaume
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.globant.com
Phone352 2 0301 596
CurrencyUSD - US Dollar

Globant SA Key Financial Ratios

Globant SA Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets687.8M1.3B1.9B2.2B2.7B2.9B
Other Current Liab9.3M150.1M281.6M314.1M413.5M434.2M
Other Liab10.7M105.2M85.1M116.9M134.4M141.1M
Net Debt50.0M(165.4M)(281.1M)(153.6M)(29.4M)(30.8M)
Retained Earnings239.4M293.6M389.7M538.6M697.1M731.9M
Accounts Payable31.5M16.9M22.2M35.8M48.5M50.9M
Cash62.7M278.9M427.8M292.5M307.2M322.6M
Other Assets45.2M68.4M116.5M78.7M90.5M48.3M
Long Term Debt50.2M25.1M1.9M861K2.2M2.1M
Net Receivables176.0M218.9M308.0M440.0M531.0M557.6M
Good Will188.5M392.8M573.0M738.0M1.2B1.2B
Inventory(19.4M)(19.3M)(27.6M)(47.2M)1.01.05
Other Current Assets13.4M17.6M51.3M76.2M68.7M72.2M
Total Liab249.1M408.8M581.9M636.3M948.7M996.2M
Total Current Assets276.5M535.6M819.6M858.2M924.5M970.8M
Short Term Debt20.6M16.3M36.2M40.5M204.8M215.0M
Intangible Assets27.1M86.7M102.0M176.1M235.5M247.3M
Common Stock44.4M47.9M50.1M50.7M51.7M47.7M
Net Tangible Assets223.1M400.5M630.4M587.7M675.8M709.6M

Globant SA Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense26.8M10.4M12.7M16.6M20.1M13.5M
Total Revenue659.3M814.1M1.3B1.8B2.1B2.2B
Gross Profit254.2M304.3M495.0M669.4M755.8M793.5M
Operating Income57.2M41.6M64.8M107.9M199.0M208.9M
Ebit57.2M87.0M137.8M209.3M221.7M232.8M
Ebitda96.1M135.4M218.1M317.3M361.5M379.6M
Cost Of Revenue405.2M509.8M802.1M1.1B1.3B1.4B
Income Before Tax69.0M76.5M124.9M192.9M198.0M207.9M
Net Income54.0M54.2M96.1M148.9M158.5M166.5M
Income Tax Expense15.0M22.3M28.5M43.4M39.5M41.5M
Tax Provision15.0M22.3M28.5M43.4M39.5M25.1M
Interest Income958K1.9M652K2.8M4.9M5.1M
Net Interest Income(5.7M)(4.9M)(16.0M)(13.5M)(9.8M)(10.3M)

Globant SA Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(14.9M)216.2M148.9M(135.3M)14.8M25.8M
Free Cash Flow47.7M46.4M101.3M102.1M187.6M197.0M
Depreciation38.8M48.5M80.3M107.9M139.9M146.9M
Other Non Cash Items(4.1M)(17.3M)(21.7M)(38.1M)40.1M42.1M
Capital Expenditures32.0M53.5M77.6M95.4M126.8M133.1M
Net Income54.0M54.2M96.4M149.5M158.5M166.5M
End Period Cash Flow62.7M278.9M427.8M292.5M307.2M322.6M
Change To Inventory12.3M(7.6M)7.1M48.8M56.1M58.9M
Investments(151.6M)(124.0M)(20.2M)(269.3M)(350.4M)(332.8M)
Net Borrowings34.4M(62.5M)(37.7M)(38.8M)(34.9M)(33.2M)
Change To Netincome26.3M27.4M44.1M66.2M76.1M79.9M

Globant Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Globant SA's current stock value. Our valuation model uses many indicators to compare Globant SA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Globant SA competition to find correlations between indicators driving Globant SA's intrinsic value. More Info.
Globant SA is rated # 3 in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.63  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Globant SA is roughly  1.58 . At present, Globant SA's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Globant SA's earnings, one of the primary drivers of an investment's value.

Globant SA Systematic Risk

Globant SA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Globant SA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Globant SA correlated with the market. If Beta is less than 0 Globant SA generally moves in the opposite direction as compared to the market. If Globant SA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Globant SA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Globant SA is generally in the same direction as the market. If Beta > 1 Globant SA moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Globant SA Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Globant SA's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Globant SA growth as a starting point in their analysis.

Price Earnings To Growth Ratio

14.02

At present, Globant SA's Price Earnings To Growth Ratio is projected to slightly grow based on the last few years of reporting.

Globant SA November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Globant SA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Globant SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Globant SA based on widely used predictive technical indicators. In general, we focus on analyzing Globant Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Globant SA's daily price indicators and compare them against related drivers.

Complementary Tools for Globant Stock analysis

When running Globant SA's price analysis, check to measure Globant SA'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 Globant SA is operating at the current time. Most of Globant SA's value examination focuses on studying past and present price action to predict the probability of Globant SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globant SA's price. Additionally, you may evaluate how the addition of Globant SA to your portfolios can decrease your overall portfolio volatility.
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