Global Partners Financials

GLP Stock  USD 53.01  1.16  2.24%   
Based on the key indicators related to Global Partners' liquidity, profitability, solvency, and operating efficiency, Global Partners LP may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. At this time, Global Partners' Property Plant And Equipment Gross is relatively stable compared to the past year. As of 11/25/2024, Other Current Liabilities is likely to grow to about 199.4 M, while Net Debt is likely to drop slightly above 897.7 M. Key indicators impacting Global Partners' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.061.1171
Notably Down
Slightly volatile
The financial analysis of Global Partners is a critical element in measuring its lifeblood. Investors should not minimize Global Partners' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

3.45 Million

  
Understanding current and past Global Partners Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Global Partners' financial statements are interrelated, with each one affecting the others. For example, an increase in Global Partners' assets may result in an increase in income on the income statement.

Global Partners Stock Summary

Global Partners competes with Plains All, Genesis Energy, Western Midstream, Hess Midstream, and DT Midstream. Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers in the New England states, Mid-Atlantic region, and New York. The company was incorporated in 2005 and is based in Waltham, Massachusetts. Global Partners operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 2430 people.
Specialization
Energy, Oil & Gas Midstream
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS37946R1095
CUSIP37946R109
LocationMassachusetts; U.S.A
Business Address800 South Street,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.globalp.com
Phone781 894 8800
CurrencyUSD - US Dollar

Global Partners Key Financial Ratios

Global Partners Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.5B2.8B3.2B3.4B1.9B
Net Debt1.7B1.5B1.6B1.4B1.5B897.7M
Cash12.0M9.7M10.8M4.0M19.6M20.6M
Other Assets61.6M57.1M32.3M30.7M(86.3M)(82.0M)
Total Liab2.3B2.0B2.3B2.4B2.6B1.6B
Total Current Assets1.0B781.4M1.1B1.2B1.1B923.6M
Other Current Liab12.7M143.3M175.0M179.3M189.9M199.4M
Other Liab149.6M164.7M158.4M187.7M215.9M226.7M
Accounts Payable373.4M207.9M353.3M530.9M648.7M418.8M
Long Term Debt690.5M737.6M932.7M840.0M1.1B586.9M
Inventory450.5M384.4M509.5M566.7M397.3M461.2M
Other Current Assets121.0M157.6M132.4M117.3M121.0M76.4M
Intangible Assets46.8M35.9M26.0M26.9M20.7M19.7M
Net Receivables421.0M229.7M412.3M481.2M559.9M454.9M
Short Term Debt217.1M109.8M267.1M218.3M76.7M72.9M
Retained Earnings(470.8M)(494.5M)(533.5M)(788.5M)(658.7M)(625.7M)
Good Will324.5M323.6M328.1M427.8M429.2M299.8M
Common Stock398.5M428.8M392.1M649.0M658.7M499.7M
Net Tangible Assets88M136.0M173.6M193.9M174.5M143.2M
Long Term Debt Total690.5M737.6M1.1B981.8M1.1B790.7M
Short Long Term Debt148.9M34.4M204.7M153.4M16.8M16.0M

Global Partners Key Income Statement Accounts

The reason investors look at the income statement is to determine what Global Partners' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense89.9M83.5M80.1M81.3M85.6M48.6M
Total Revenue13.1B8.3B13.2B18.9B16.5B10.7B
Gross Profit662.8M721.1M719.3M1.1B513.8M408.9M
Operating Income139.2M192.3M142.2M460.3M247.5M259.9M
Ebit139.2M185.1M142.2M460.3M246.3M258.6M
Ebitda149.4M285.2M244.5M565.1M356.4M374.2M
Cost Of Revenue12.4B7.6B12.5B17.8B16.0B10.3B
Income Before Tax36.3M101.6M62.1M379.0M160.6M168.7M
Net Income35.9M102.2M60.8M362.2M152.5M160.1M
Income Tax Expense1.1M(119K)1.3M16.8M8.1M8.5M
Non Recurring414K2.0M1.9M380K342K324.9K
Tax Provision1.1M(119K)1.3M16.8M4.2M4.4M
Interest Income89.9M83.5M80.1M81.3M93.4M92.1M
Net Interest Income(89.9M)(83.5M)(80.1M)(81.3M)(84.6M)(88.9M)

Global Partners Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash3.9M(2.3M)1.1M(6.8M)15.6M16.4M
Free Cash Flow11.5M236.2M(51.5M)373.2M110.4M115.9M
Depreciation108.2M100.1M102.2M104.8M110.1M62.3M
Other Non Cash Items19.1M16.0M5.2M(74.3M)13.1M13.3M
Capital Expenditures82.9M76.3M101.7M106.8M402.0M422.1M
Net Income35.2M101.7M60.8M362.2M142.6M149.7M
End Period Cash Flow12.0M9.7M10.8M4.0M19.6M20.6M
Dividends Paid76.6M71.4M91.9M100.5M144.7M152.0M
Change To Inventory(64.8M)65.6M(123.9M)(52.1M)172.1M180.7M
Change To Netincome17.7M24.2M1.1M(67.5M)(60.7M)(57.7M)
Change Receivables80.2M(81.4M)190.6M(182.6M)(164.3M)(156.1M)
Net Borrowings(327.9M)(172.0M)91.7M(145.7M)(131.1M)(124.6M)
Investments(67.2M)(69.7M)(115.1M)(236.2M)(163.3M)(171.5M)

Global Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Global Partners's current stock value. Our valuation model uses many indicators to compare Global Partners value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Global Partners competition to find correlations between indicators driving Global Partners's intrinsic value. More Info.
Global Partners LP is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.26  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Global Partners LP is roughly  3.78 . At this time, Global Partners' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Global Partners by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Global Partners LP Systematic Risk

Global Partners' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Global Partners 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 Global Partners LP correlated with the market. If Beta is less than 0 Global Partners generally moves in the opposite direction as compared to the market. If Global Partners Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Global Partners LP is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Global Partners is generally in the same direction as the market. If Beta > 1 Global Partners moves generally in the same direction as, but more than the movement of the benchmark.

Global Partners Thematic Clasifications

Global Partners LP is part of Wholesale investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Wholesale industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
WholesaleView
This theme covers USA Equities from Wholesale industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Global Partners Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Global Partners' 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 Global Partners growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.16)

At this time, Global Partners' Price Earnings To Growth Ratio is relatively stable compared to the past year.

Global Partners November 25, 2024 Opportunity Range

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

Additional Tools for Global Stock Analysis

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